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ICAI declares Certificate Course on Forex and Treasury Management Result 2021

   06 May 2021 at 19:34

Result of the online Examination of the Certificate Course on Forex and Treasury Management held on 17th & 18th April,2021.

Posted in Students |   2430 Views


Revenue Deficit Grant of Rs. 9,871 crore released to 17 States

   06 May 2021 at 16:54

The Department of Expenditure, Ministry of Finance today released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore for the year 2021-22 to 17 States.

Posted in Others |   972 Views


RBI | Relaxation in OD facility for States Governments/UTs

   06 May 2021 at 05:56

The maximum number of days in a quarter on which State Governments/UTs can avail overdraft is being increased from 36 to 50 days and the number of consecutive days on which overdraft can be availed is being increased from 14 to 21 days.

Posted in Others |   1317 Views


CBDT exempts Cash Allowance up to Rs. 36000 received by an employee u/s 10(5) of the Income Tax Act

   06 May 2021 at 05:52

A new LTC Cash Voucher Scheme has been notified by the concerned authorities under which Cash Allowance up to Rs. 36000 received by an employee u/s 10(5) of the Income Tax Act is exempt from the AY beginning 1st April 2021.

Posted in Income Tax |   17643 Views


Section 142 of the Social Security Code, 2020 covering the applicability of Aadhaar notified

   06 May 2021 at 05:45

The notification of section 142 will enable the Ministry of Labour and Employment to collect Aadhaar details for the database of beneficiaries under various social security schemes.

Posted in Corporate Law |   1668 Views


Cabinet approves strategic disinvestment and transfer of management control in IDBI Bank Limited

   06 May 2021 at 05:42

LIC’s Board has passed a resolution to the effect that LIC may reduce its shareholding in IDBI Bank Ltd. through divesting its stake along with strategic stake sale envisaged by the Govt.

Posted in Others |   1068 Views


ICAI issues Questionnaire for Members on the Accounting Process Outsourcing Services from abroad

   05 May 2021 at 22:16

ICAI has issued a Questionnaire for Members on the Accounting Process Outsourcing Services from abroad so as to gather inputs and suggestions so that the institute can facilitate the export of professional services.

Posted in Professional Resource |   1578 Views


Simplification of procedure for import of oxygen cylinders and cryogenic tankers/containers

   05 May 2021 at 20:32

In view of the COVID pandemic, PESO shall not carry out a physical inspection of global manufacturers' production facilities before the grant of registration and approval of global manufacturers for importing oxygen cylinders and cryogenic containers.

Posted in Others |   1044 Views


ICSI to conduct one more mock test on 6th May 2021 for students appearing in CSEET on 8th May

   05 May 2021 at 20:12

The Institute of Company Secretaries of India has decided to conduct one more repeat Mock Test for candidates (absentees only) on 6th May 2021 so that they get familiar with the test before appearing in the CSEET scheduled on 8th May 2021.

Posted in Students |   960 Views


GST Portal: New Functionalities made available for Taxpayers in April, 2021

   05 May 2021 at 19:25

New Functionalities made available on the GST Portal for Taxpayers in April 2021, w.r.t Returns has been listed in this news piece.

Posted in GST |   9045 Views