CAclubindia Articles

Proposed amendments in IBC in the year 2023

Posted by CS Peer mehboob 07 January 2023 12657 Views

The amendments vide Insolvency and Bankruptcy Code (Amendment) Bill 2022 to the Insolvency and Bankruptcy Code (IBC), which came into force in 2016 for timely resolution of stressed assets, are expected to be introduced in the Budget session of Parliament early next year.

FIRMS Portal: Recent changes and practical difficulties

Posted by CS Anupriya Saxena 07 January 2023 7830 Views

In the year 2018, the Reserve Bank of India changed the paradigm by shifting most of its filings to web-based forms which were earlier done in physical form/by submitting hard copies of the forms and supporting documents. These portals were FIRMS and FLAIR.

Guidance given by SEBI on creation of Suspense Escrow Demat Account

Posted by Affluence Advisory 07 January 2023 3022 Views

SEBI vide its circular dt: January 25, 2022 had directed listed entities to process all service requests in Demat form.

Amendments and Insertion in Registration provisions under GST and how it will streamline registration process

Posted by Bhavik Sindhvad 07 January 2023 3190 Views

There has been proposed to insert and also amend certain provisions in rule 8 & 9 of CGST Rules regarding registration process under GST.

Important changes in GST pursuant to 48th GST Council Meeting

Posted by Swapnil Munot 06 January 2023 9352 Views

48th GST Council meeting was held on 17th Dec 2022 via virtual modes, in which some changes were made in GST Law

Income Tax Notice

Posted by Aisha 06 January 2023 11205 Views

An income tax notice is a formal communication from the Income Tax Department stating that there is an issue with your tax return or tax payments.

FAQs | GST Margin Scheme (GST on second-hand goods)

Posted by CA PRATIK DHRUVE 06 January 2023 21321 Views

Here are some FAQs related to GST on second-hand goods, which would ensure proper legal interpretation and compliance by such organizations.

Change in Single Master Form (SMF) on FIRMS Portal

Posted by Affluence Advisory 06 January 2023 4876 Views

Reserve Bank of India ('RBI') vide its Circular dated January 4, 2023, has streamlined the process of filing for reporting of Foreign Investment in India in Single Master Form (SMF) on FIRMS Portal.

How to overcome fear of exam results

Posted by Suhasini

05 January 2023 15184 Views

Here are some tips that can help students cope with the fear of exam results

Procedure for getting GST refund on cancellation of Flat / Supply of Service Contract

Posted by Swapnil Munot 05 January 2023 17134 Views

48th GST Council meeting was held on 17th Dec 2022 via virtual modes. In the said meeting, it is was decided to provide solution for GST Refund to buyer on cancellation of Flat Booked or any other cancellation/termination of supply of service contract.