News & Updates

CA Latest: RE-OPENING OF ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR DEC’ 2021 EXAMINATIONS 

October 22, 2021
Examination DepartmentThe Institute of Chartered Accountants of India 13-CA (Exams)/Observer Empanel /December-2021 21st October 2021 IMPORTANT ANNOUNCEMENT SUB: RE-OPENING OF ONLINE EMPANELMENT OF MEMBERS TO

Part-time Casual Labourer (Regularisation) Scheme of CBIC- 2020- Reg

October 22, 2021
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Gr. Floor, Hudco Vishala Building,Bhikaji-Cama Place, New Delhi-110066Dated: 2021. ToAll

GST: Resumption of Blocking of E-Way Bill (EWB) generation facility

October 6, 2021
The blocking of E way bill generation facility had been temporarily suspended by Government on account of Covid pandemic. In terms of Rule 138 E

EPFO adds 14.65 lakh Net subscribers in July, an increase of 31.28% over June?

September 21, 2021
The provisional payroll data of EPFO published on 20th September, 2021 reveals that EPFO has added around 14.65 lakh net subscribers during July, 2021. The

Good News: Edible oil prices will be reduced due to reduction in Standard Rate

September 16, 2021
In order to reduce edible oil prices, Centre reduces the standard rate of duty on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil

CBDT issues clarification regarding Carry Forward of losses in case of change in shareholding due to Strategic disinvestment

September 15, 2021
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 10th September, 2021 PRESS RELEASE CBDT issues clarification regarding carry forward of

GST Revenue collection for August 2021

September 2, 2021
Rs. 1,12,020 crore of gross GST revenue collected in August The gross GST revenue collected in the month of August 2021 is Rs. 1,12,020 crore of which
gst

FAQ on New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers

September 1, 2021
FAQ on New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers GSTN has implemented a new functionality on taxpayers dashboards with
New Rules on GST portal from 01 09 2021

GST Update: New Rules on the GST Portal from 01st Sep 2021

August 31, 2021
Implementation of Rule-59(6) on GST Portal 1. Rule-59(6) of CGST Rules, 2017; inserted vide Notification No. 1/2021 dated 1st January 2021, provides for restriction in

ICAI : Tax Bulletin for the Month of Aug,2021

August 27, 2021
Ease of doing business & Custom Audit All about HSN code in GST Retrospective effect of Income Tax act 1961 – retray Tax updates, Notifications

New Updates On GST Portal

August 27, 2021
The following are the New Updates On GST Portal Taxpayers have now been provided the facility to view/download Electronic cash or Credit ledgers for a

Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR)

August 27, 2021
General Circular No. 14 /2021 E-file no.CSR-05/01/2021-CSR-MCAGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ WingShastri Bhawan, Dr. R.P. RoadNew Delhi-110001.Dated: 25th August 2021 To,All

2 held by CGST Officials for Input Tax Credit fraud of more than Rs 10 crore

August 12, 2021
2 held by CGST Officials for Input Tax Credit fraud of more than Rs 10 crore: The CGST Commissionerate, Faridabad, Haryana has arrested two Directors

Tax Update: CBDT extends due dates for Electronic filing of various Forms under the Income-Tax Act,1961

August 5, 2021
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 3rd August, 2021 PRESS RELEASE CBDT extends due dates for electronic filing

GST Update: New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for Taxpayers

July 31, 2021
GSTN has implemented a new functionality on taxpayers’ dashboards with the following features: 1. The taxpayers can now see the exact Annual Aggregate Turnover (AATO)

Carbon Footprint Challenge Initiative by ICAI

July 23, 2021
About Sustainability Reporting Standards Board of ICAI Sustainability Reporting Standards Board (SRSB) of ICAI has the mission to formulate comprehensive, globally comparable, and understandable standards

Income Tax Department conducts searches in Hyderabad : Income tax search

July 14, 2021
The income tax department conducted a Search operation in the State of Telangana and released the below press release. The income tax search details are

CA Update: Guidance Note on Accounting for Derivative Contracts (Revised 2021)

July 7, 2021
The Institute of Chartered Accountants of India (ICAI) has released a Guidance Note on Accounting for Derivative Contracts (Revised 2021) of July, 2021 edition with

INCOME TAX UPDATE: CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA and15CB

July 6, 2021
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 05th July, 2021 PRESS RELEASE Sub: CBDT grants further relaxation in electronic

Course Fee Waiver Scheme FOR CMA Students – CMA Update

July 6, 2021
Ref. No. G/128/6/2021 28th June, 2021 NOTIFICATION Sub: Course Fee Waiver Scheme for CMA Students who lost earning parent/guardian due to COVID-19 The Council has

Important Announcement – CA July 2021 Examination

July 5, 2021
In view of ongoing strict lockdown and accompanying restrictions in Nepal, it has been decided that July 2021 examinations for the Final [Old as well
extension of direct tax compliances

Tax Update: Extension of Direct Tax compliances

June 25, 2020
Govt extends the time limit for various compliances under Direct Tax & Benami Laws.
One more Attempt for ICSI Students of 2012 Old Syllabus

CS : One more Attempt for ICSI Students of 2012 Old Syllabus

June 20, 2020
ICSI has announced one more attempt for the Executive and Professional students of 2012 old syllabus due to COVID-19.
Carry forward of CS Exam fee

CS: Carry forward of CS Exam fee

June 19, 2020
ICSI has released the announcement for carry forward of June’20 fee to Dec’20. Window for opting for such change will be available from 20th June’20
FAQ of ICAI Opt out Scheme for May'20 Exams

FAQ of ICAI Opt out Scheme for May’20 Exams

June 18, 2020
FAQ’s relating to Opt-Out scheme of May’2020 examinations are released by ICAI.
ICAI Announcement relating to FAQ of Opt-out scheme

ICAI Announcement relating to FAQ of Opt-out scheme

June 17, 2020
ICAI may soon release FAQ relating to the Opt-out scheme for the students of May 2020 examinations.
Relaxation of time limit for charge forms

Relaxation of Time limit for Charge forms

June 17, 2020
MCA has relaxed time limit for filing forms related to the creation or modification of charges under Companies Act, 2013.
Extension of Egm for companies

Extension of EGM for Companies upto 30th September 2020

June 15, 2020
MCA has extended the date for holding EGM through Video Conferencing (VC) or Other Audio Visual Means (OAVM) or transact items through postal ballot upto
New form 26AS

New Form26AS effective from 1st June, 2020

May 31, 2020
CBDT notifies new Form26AS pursuant to Budget 2020-21 to be effective from 1.6.2020.
New ITRs for AY 2020-21

New ITR’s for AY 2020-21 notified

May 31, 2020
Income Tax: New ITR(Income Tax returns) Forms 1 to 7 for AY 2020-21 (i.e. FY 2019-20) for filing Income Tax Returns has been notified by

Get Your ePAN within Minutes!

May 28, 2020
Now getting an ePAN is quick and easy. Just visit the e-filing portal of the IT department (https://www.incometaxindiaefiling.gov.in/home) to generate your e-PAN within minutes. Check
clarification-on-sec-269SU-of-income-tax-act

Clarification on Sec 269SU of Income Tax Act

May 21, 2020
CBDT issued a clarification on prescribed electronic modes under section 269SU of Income Tax Act, 1961. Circular is given below:
tds tcs rates reduced by 25 percent

TDS TCS rates are reduced by 25%

May 14, 2020
Hon’ble FM Smt. Nirmala Sitaraman as a part of Atma Nirbhar Bharat Abhiyan has announced a reduction in TDS rates on non-salaried payments to Residents
Atmanirbharbharatabhiyan - Key changes to direct taxes

Aatma Nirbhar Bharat Abhiyan – Key Changes in Direct Taxes

May 13, 2020
Aatma Nirbhar Bharat Abhiyan – Key Changes in Direct Taxes
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