Lending institutions shall disclose the aggregate amount to be refunded/adjusted in respect of their borrowers based on the above reliefs in their financial statements for the year ending March 31, 2021.
Projection of real GDP growth for 2021-22 is retained at 10.5 percent consisting of 26.2 per cent in Q1; 8.3 per cent in Q2; 5.4 per cent in Q3; and 6.2 per cent in Q4.
GSTN has recently implemented new functionalities on the GST Portal for the convenience of persons applying for registration and certain other functionalities for the existing taxpayers. These changes are mostly in areas of on Registration and Returns.
Measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision; (iii) debt management; (iv) payment and settlement systems; (v) financial Inclusion; and (vi) external commercial borrowings.
FM Smt. Nirmala Sitharaman participated virtually in the Second G20 FMCBG meeting under the Italian Presidency here today to discuss policy responses to global challenges to restore strong, sustainable, balanced and inclusive growth.
The Accounting Standards Board of ICAI has issued the Exposure Draft of proposed amendments to Ind AS 116, Leases, for public comments with the last date as April 17, 2021.
4.20 crore PMMY loans sanctioned in 2020-21 and Rs. 2.66 lakh Crore sanctioned in FY 2020-21 (As on 19.03.2021). The average ticket size of the loans is about Rs 52,000/-
ICAI clarifies that a student can put "DISA (ICAI)" designation on successful completion of the DISA course offered by ICAI. However, no such designation is given on completion of the Forensic Accounting & Fraud Detection course.
RBI has specified Category I AIFs set up as trust and registered with SEBI under Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, as ‘qualified buyers’ subject to certain conditions.
Promulgated by the President in the Seventy-second Year of the Republic of India, listed in this news piece is an Ordinance further to amend the Insolvency and Bankruptcy Code, 2016.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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