CAclubindia News


8th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   21 December 2020 at 18:05

A total amount of Rs. 48,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States

Posted in GST |   1581 Views


FM holds the 12th Pre-Budget Consultation Meet with Leading Experts

   21 December 2020 at 18:05

Union Finance Minister Smt. Nirmala Sitharaman holding her 12th Pre-Budget consultations with leading experts in infrastructure, energy, and climate change in connection with the forthcoming Union Budget 2021-22, in New Delhi today.

Posted in Union Budget |   1251 Views


ICAI releases advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency

   21 December 2020 at 14:29

The Institute of Chartered Accountants of India has released an advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency.

Posted in Professional Resource |   2205 Views


3.69 crore Income Tax Returns for AY 2020-21 filed till 20th Dec 2020

   21 December 2020 at 14:29

The Central Board of Direct Taxes has notified that the total Income Tax Returns filed till 20th December 2020 for AY 2020-21, is 3.69 crores. Read the ITR-Wise break-up of the figure here.

Posted in Income Tax |   2061 Views


ICSI extends the last date for submitting a request to avail the Opt-Out Facility

   21 December 2020 at 13:23

The Institute of Company Secretaries of India has extended the last date for submitting a request to avail the "Opt Out" facility without citing any specific reason, to 31st December 2020.

Posted in Students |   2286 Views


Ministry of Finance announces Auction for Sale (Re-issue) of Government Securities

   21 December 2020 at 13:23

The Department of Economic Affairs, Ministry of Finance has announced the Auction for Sale (Re-issue) of Government Securities together with the Method of Auction and Notified Amount for the same.

Posted in Others |   1821 Views


ICSI gives clarification regarding Opt-Out Facility

   21 December 2020 at 13:23

The Institute of Company Secretaries of India has made an announcement giving clarification regarding the Opt Out Facility and the eligibility criteria for the same.

Posted in Students |   1200 Views


Shri Piyush Goyal launches India-Australia Economic Strategy Report

   21 December 2020 at 13:23

Says there is tremendous scope for Australian investment into India. With Bigger trade basket, Better trade basket and Balanced trade relationship, we can see huge & exponential growth in our trade relationship.

Posted in Others |   1281 Views


MCA releases the Companies Second & Fifth Amendment Rules, 2020

   21 December 2020 at 13:23

The Ministry of Corporate Affairs has released the Companies Second & Fifth Amendment Rules, 2020. Read the official announcement and all the changes made in the Rules here.

Posted in Corporate Law |   2382 Views


MCA extends the applicability of CARO 2020 to 1st April 2021

   21 December 2020 at 13:23

MCA has extended the applicability of the Companies (Auditor’s Report) Order, 2020 (CARO 2020) to 1st April 2021, together with releasing the Companies (Auditor’s Report) Second Amendment Order, 2020.

Posted in Corporate Law |   2349 Views



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