The Goods and Services Tax Council today approved a simplified return filing system and decided to make the GST Network a government-owned entity. The highest decision making body of the Goods and Services Tax (GST) regime, in its 27th meeting agreed to a proposal to convert the GST Network — …Read More »
Indian capital market watchdog SEBI (Securities and Exchange Board of India), today, allows exchanges to extend derivatives’ trading hours between 9 am and 11.55 pm from Oct 1 2018 Pursuant to the approval of the SEBI Board, in its meeting held on December 28, 2017, Stock Exchanges have been permitted …Read More »
Indian bank is in the process of making a “Fresh Panel” for concurrent auditors. Applications are invited from eligible Audit Firms for empanelment as Concurrent Auditors as per the eligibility criteria given below: Basic criteria for assigning for Concurrent Audits a) Audit firm must have RBIUCN (should appear in the …Read More »
Notice Inviting Expression of Interest for engagement of Chartered Accountants Firms for Statutory Audit of various units of the Institute of Chartered Accountants of India (ICAI) [Announcement No. EOI/SA/2018-19 Dated 01/05/2018] ==================================================================== ICAI invites applications from eligible Chartered Accountants firms for appointment as Statutory Auditors for its units i.e. Branches, …Read More »
Cabinet approves Mutual Recognition Agreement between the ICAI and South African Institute of Chartered Accountants (SAICA).
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has has approved the Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and The South African Institute of Chartered Accountants (SAICA). “The MRA is likely to lead to greater employment opportunities for Indian Chartered Accountants in …Read More »
Central Board of Indirect Taxes and Customs ( CBIC ), today , vide Circular No.44/18/2018-CGST, dated 2nd May,2018 clarified Issue related to taxability of ‘tenancy rights’ under GST. It clarified that services provided by the outgoing tenant by way of surrendering the Tenancy Rights against consideration in the form of …Read More »
RBI has issued clarification w.r.t Investment by Foreign Portfolio Investors (FPI) in Debt. The FPIs are only permitted to invest in corporate bonds with minimum residual maturity of above one year, in order to bring consistency across debt categories, it is stipulated that investments by an FPI in corporate bonds …Read More »
Competition Commission has imposed a total penalty of more than Rs 3.5 crore on six firms and some of their executives for cartelisation with respect to tenders floated by Pune Municipal Corporation. Invoking the leniency provisions, the fair trade watchdog also significantly reduced the penalties on four firms and their …Read More »
Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016.
Insolvency and Bankruptcy Board of India invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016. The IBBI has evolved a transparent and consultative process to make regulations. It has been the endeavour of the IBBI to effectively engage stakeholders in the regulation making process. Public consultation …Read More »
Change in Examination Venue of CA Intermediate (IPC) (Old) and Intermediate (New) Examinations in Shimoga City (Karnataka)
IMPORTANT ANNOUNCEMENT Due to unavoidable circumstances, the venue of CA Intermediate (IPC) (Old) and Intermediate (New) Examinations scheduled to be held on 5 th May, 2018 (Saturday) at Acharya Tulsi National College of Commerce (A.T.N.C.C), Mahaveer Circle, Balraj URS Road, SHIMOGA – 577202, KARNATAKA is being shifted to below mentioned …Read More »