FM Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for budget 2021-22 held in virtual mode from 14th to 23rd December, 2020. More than 170 invitees representing 9 stakeholder groups participated in 15 virtual meetings.
Reserve Bank has also mandated that digital lending platforms which are used on behalf of Banks and NBFCs should disclose name of the Bank(s) or NBFC(s) upfront to the customers.
The Ministry of Corporate Affairs has notified 21st December 2020 the date, on which provisions of Companies (Amendment) Act 2020 will come into force.
The QRMP Scheme has been a welcome gift to the small and medium level GST registered taxpayers. Know all about the QRMP Scheme, in this poster released by GSTN on their official Twitter handle:
The Central Board of Indirect Taxes and Customs has released the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020.
ICAI has finalized the list of candidates eligible to appear in the January/May 2021 CA Exams. Students can check the position from their dashboard at icaiexam.icai.org.
The Ministry of Corporate Affairs has notified a further period of three months from 25th December 2020 for section 10A of the Insolvency and Bankruptcy Code, 2016.
CBIC appoints 1st January 2021 for provisions of sections 119, 120, 121, 122, 123, 124, 126, 127 and 131 of the CGST Act to come into force
CBIC has waived the fee payable on late filing of GSTR-4 for the registered persons whose principal place of business is in the Union Territory of Ladakh, from 1st November 2020 to 31st December 2020.
The Institute of Chartered Accountants of India will be conducting the Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) - Adv. Information Technology Test via the Computer Based Mode on 12th January 2021.
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