CAclubindia News

Total Revenue Deficit Grant of Rs. 69,097.00 crore released to States in current financial year

12 October 2021 at 21:59

The Department of Expenditure, Ministry of Finance has released the 7th monthly instalment of the PDRD Grant of Rs. 9,871.00 crore to the States. With the release of this instalment, a total amount of Rs. 69,097.00 crore has been released.

Posted in Others | 1338 Views

72nd Annual Report and Accounts of ICAI for the year 2020-21

11 October 2021 at 09:39

ICAI has published the 72nd Annual Report and Accounts of the Institute for the year 2020-21 in the Gazette of India. Moreover, members can also request a hard copy by emailing the Council at councilaffairs@icai.in.

Posted in Professional Resource | 5088 Views

Chief Economic Advisor steps down, says "Will Return back to Academia"

09 October 2021 at 06:18

While being conscious of the enormous privilege bestowed on me, I will happily return back to serving the country as a researcher after fulfilling my three-year commitment. - K V Subramanian.

Posted in Others | 1281 Views

Tata Sons Wins Air India Bid For Rs. 18,000 Crore

09 October 2021 at 06:17

The next step will be to issue the Letter of Intent (LoI) and then sign the Share Purchase Agreement following which, the conditions precedent would need to be satisfied by the successful bidder, the company and Government.

Posted in Others | 2520 Views

CS Foundation Exam to be conducted on 3rd and 4th January 2022 - Check Schedule Now

09 October 2021 at 06:11

The next CS Foundation Programme Examination for December 2021 Session will be held on 3rd and 4th January 2022 in anywhere mode through remote proctoring.

Posted in Students | 1401 Views

ICSI issues clarification w.r.t amendments in ICSI UDIN Guidelines, 2019

08 October 2021 at 06:27

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.

Posted in Professional Resource | 2211 Views

GoI releases Rs 40,000 crore to States/ UTs with Legislature in-lieu of GST compensation shortfall

08 October 2021 at 06:21

This release of Rs 40,000 crore is funded from borrowings of GoI in 5-year securities, totalling Rs 23,500 crores and 2-year securities for Rs 16,500 crore issued in the current FY, at a Weighted Average Yield of 5.69 and 4.16% p.a. respectively.

Posted in GST | 1542 Views

ICAI re-opens the online filling up of examination application forms for December 2021 CA Exams

08 October 2021 at 06:20

ICAI has decided to re-open the online filling up of examination application forms for December 2021 CA Exams. These will be re-opened for two days, starting from 11th October 2021 (12:01 AM) till 12th October 2021 (11:59 PM).

Posted in Students | 4869 Views

CBDT issues refunds to more than 53.54 lakh taxpayers from 1st April to 4th October, 2021

06 October 2021 at 20:10

Income tax refunds of Rs. 20,510 crore have been issued in 51,88,762 cases &corporate tax refunds of Rs. 61,719 crore have been issued in 1,65,397 cases. This includes 24.73 lakh refunds of AY 2021-22 amounting to Rs. 1903.05 crore.

Posted in Income Tax | 1 comments | 1533 Views

Post-implementation Review of IFRS 9-Classification and Measurement

06 October 2021 at 05:44

ICAI has opened the Request for Information: Post-implementation Review of IFRS 9 - Classification and Measurement for comments. Comments on the same may be sent to ICAI electronically, or via email or post by 10th December 2021.

Posted in Accounts | 4317 Views