Of the total 12.83 lakh net subscribers, around 8.11 lakh new members have come under the social security coverage of the Employees’ Provident Funds Scheme for the first time. 48% of these additions are in the age group of 18-25 years.
ICAI has extended the last attempt to appear in the CA Inter and Final Old Course Examination to November 2021 for all the students of these courses irrespective of their opting out of the May 2021 examination cycle or not.
CBDT has released the Income-tax (24th Amendment) Rules, 2021 in order to amend the Income-tax Rules, 1962. Under the amended rules, a new Rule 12AA has been inserted after Rule 12A and a new Rule 51B has also been inserted after Rule 51A.
ANI, on 16th August 2021 tweeted from their official Twitter handle that FM Nirmala Sitharaman has committed to fixing all technical glitches on the New Income tax Portal in the next 2-3 weeks.
CAIT has sent an important communication to all CM's drawing their attention towards GST avoidance by e-commerce players causing huge loss of GST revenue to the government and also urged support for E-Commerce Rules under the Consumer Protection Act.
New Functionalities pertaining to modules of Registration, Returns and Refund made available for Taxpayers on the GST Portal for the m/o July 2021 has been mentioned here.
ICSI has released the schedule for the December 2021 session of CS Executive and Professional Examinations under the Old and New Syllabus. The exams are scheduled to commence from 21st December 2021 and will conclude on 30th December 2021.
ICAI has extended the date for completion of ICITSS for provisionally registered students through Direct Entry Route. These students are now allowed to start their practical training before 15.08.2021 and complete their ICITSS before 31.10.2021.
Income tax refunds of Rs. 14,241 crore have been issued in 21,38,375 cases & corporate tax refunds of Rs. 33,078 crore have been issued in 1,22,511 cases.
ICSI has clarified that there will be no change in CS exams and the same will be held on 20th August 2021 only, as per the time table hosted on the institute's website. As such, there is no change in the time table announced earlier.
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