The gross GST revenue collected in the month of March 2021 is at a record of Rs. 1,23,902 crore of which CGST is Rs. 22,973 crore, SGST is Rs. 29,329 crore, IGST is Rs. 62,842 crore and Cess is Rs. 8,757 crore.
The Ministry of Finance, Government of India, released ₹45,000 crore as additional devolution to States in FY 2020-21. This is an increase of 8.2% over RE 2020-21.
CBIC determines the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa.
The Department of Expenditure, Ministry of Finance has released an amount of Rs. 11,830 crore to States under the scheme "Special Assistance to States for Capital Expenditure".
Central Board of Direct Taxes (CBDT) has issued refunds of more than Rs. 2.62 lakh crore to more than 2.38 crore taxpayers from 1st April, 2020 to 31st March, 2021.
CA. Nihar N. Jambusaria - President, ICAI's April 2021 message for members and students.
CA. Mukesh Kumar Jain has joined as Secretary of the Institute of Chartered Accountants of India (ICAI) today on April 1, 2021. Previously, Shri Jain was heading Oriental Bank of Commerce as MD & CEO.
Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021.
The Central Board of Direct Taxes has released the Faceless Appeal (Amendment) Scheme, 2021 in order to further amend the Faceless Appeal Scheme, 2020.
Announcement providing Temporary Exceptions to Hedge Accounting prescribed under Guidance Note on Accounting for Derivative Contracts due to Interest Rate Benchmark Reform.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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