CAclubindia News

MCA extends the last date for filing of Cost Audit Report to 30th November 2021

30 October 2021 at 08:47

The Ministry of Corporate Affairs has extended the last date for filing of the Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014 to 30th November 2021.

Posted in Audit | 2073 Views

Finance Secretary releases guidelines for reforms in Public Procurement & Project Management and MTDs for Procurement of Goods and non-Consultancy Services

30 October 2021 at 08:45

Guidelines attempt to incorporate into the realm of Public Procurement, innovative rules for faster and efficient execution of projects. MTDs specifically cater to needs of e-procurement, and easing digitization process of Public Procurement.

Posted in Others | 1449 Views

RBI reappoints Shri Shaktikanta Das as RBI Governor

30 October 2021 at 08:43

The Board in its meeting reviewed the current domestic and global economic situation and challenges. The Board deliberated on possible measures for addressing the emerging challenges.

Posted in Others | 1596 Views

ICAI advises to file Form NFRA-2 Annual Return for 2018-2019 and for the year ending 31st March 2020

29 October 2021 at 08:31

It has been reported by NFRA that at least 1011 auditors/audit firms have not yet filed form NFRA-2 for the reporting period 2018-19. As such, ICAI has advised to file the same.

Posted in Corporate Law | 2619 Views

GoI releases Rs 44,000 crores to States and UTs in-lieu of GST compensation

29 October 2021 at 08:30

After taking into account earlier release of Rs. 1,15,000 crore, total amount released in the current financial year as back-to-back loan in-lieu of GST compensation is Rs. 1,59,000 crore.

Posted in GST | 1629 Views

Gurugram DGGI Unit arrests 3 persons for running fake firms and evading GST of more than Rs 48 crore

28 October 2021 at 08:28

Two persons were arrested from Delhi on 5th and 9th October 2021 on charges of orchestrating a fake billing racket involving more than 20 fake firms where more than Rs 22 crore of fraudulent ITC was taken thereby defrauding the exchequer.

Posted in GST | 2043 Views

CBDT issues refunds to more than 77.92 lakh taxpayers from 1st April to 25th October 2021

27 October 2021 at 14:03

Income tax refunds of Rs. 27,965 crore have been issued in 76,21,956 cases & corporate tax refunds of Rs. 74,987 crore have been issued in 1,70,424 cases. This includes 46.09 lakh refunds of AY 2021-22.

Posted in Income Tax | 1287 Views

ICSI grants Temporary Relaxation for complying with Pre-Exam Test & One day Orientation Programme for Dec 21 CS Exams

27 October 2021 at 08:38

Temporary Relaxation for complying with the requirement of Pre-Examination Test and One Day Orientation Programme for enrollment to December 2021 session of CS Examinations, till 20th November 2021.

Posted in Students | 1686 Views

CSEET to be conducted on 13th Nov 2021 through remote proctored mode

27 October 2021 at 08:36

The next CSEET will be conducted on Saturday, the 13th of November 2021. It shall be conducted through REMOTE Proctored mode instead of conducting the same from Test Centers.

Posted in Students | 1374 Views

ICAI President agitates members after asking them to promote Hindi and adopt it in their work

26 October 2021 at 15:21

ICAI President CA. Nihar N Jamburasia faces criticism after asking Members to promote, interact and incorporate Hindi Language into their work. Due to the diverse nature of the profession, a lot of CAs have expressed their concern about the statement.

Posted in Professional Resource | 8 comments | 6339 Views