In view of the difficulties in observance of the guidelines, the Competent Authority of the Institute has approved generation of UDIN by the members w.e.f. 7th October 2021. Moreover, the generation of UDIN shall be mandatory for e-form MGT-7 only.
Tax Inspectors Without Borders, a joint initiative of the United Nations Development Programme and the Organisation for Economic Cooperation and Development, launched its programme in Seychelles on 4th October 2021.
The Commerce Minister said $5 trillion economy is a bold ambition & every Indian has to contribute in making it possible and make it a mass movement. He further adds - "CAs will play a pivotal role in Catalyzing Reform & Creating Value".
Suggestions for widening the tax base, increasing the tax revenue, checking of tax avoidance, reducing litigations, rationalization of the provisions of Direct Tax Laws and removing administrative and procedural difficulties may be submitted.
The Institute of Chartered Accountants of India has extended the last date for Payment of Membership/COP Fee for the year 2021-22 to 31st December 2021. As such, members are requested to pay the fees online through the Self-Service Portal (SSP).
The Institute of Company Secretaries of India has written a representation letter to the Ministry of Corporate Affairs requesting the concerned authorities to extend the time limit for filing of DIR-3 KYC for a period of 30 days.
The objective of Continuing Education Programme is to assist the members in widening their knowledge base and in improving their skills to be at the cutting edge of technology by providing training and expertise in critical areas.
ICAI has released the Exposure Draft of Deferred Tax related to Assets and Liabilities arising from a Single Transaction - Amendments to Ind AS 12, Income Taxes. Comments on the same may be submitted by 25th October 2021.
Payment of annual Membership/COP fee entitles you for continuing benefits of ICAI privileges and standing seniority in the profession. Non-payment of the same within stipulated time may result in removal of Membership/COP and cessation of Practice.
In recognition of the contribution made by firms of Company Secretaries in Practice in promoting good corporate governance, the Institute of Company Secretaries of India has introduced the ICSI BEST PCS FIRM AWARD.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961