Aadhaar KYC Norms eased for bank account opening only, clarifies MoF
Finance Ministry (MoF) has clarified that norms for Aadhaar KYC have been eased/ changed for limited purpose of opening/ transfer of bank account, based on a self declaration of …
Tag: Press Releases
Next GSTP Exam on 12 Dec. 2019 for ‘Confirmation of Enrollment on GST Network’ by NACIN
Next GSTP exam will be conducted on 12 December 2019 for confirmation of enrollment on GST Network. under CGST Rule 83(3), who were sales tax practitioners (STP) or tax …
ICAI holds Annual Convocation Ceremony for Newly Qualified Members
ICAI holds Annual Convocation Ceremony of Northern Region at New Delhi to award certificates of membership to newly qualified members and to facilitate rank holders of the CA examinations. …
Income Tax Notice to carry DIN from 1 October 2019: CBDT
CBDT prescribes revised procedure for issuance of Income Tax Notice, etc. to Taxpayers, from 1 October 2019, whereby each communication shall quote a computer generated Document Identification Number (DIN) …
Govt. raises threshold limits for filing Departmental Appeals before Tribunals/ HC/ SC
To reduce litigation, facilitate ease of doing business and to remove long pending grievances of taxpayers in the matters of direct/ indirect taxes, the Govt. has decided to raise …
50th ICAI Campus Placements Program (September-October 2019)
ICAI will organise next/ 50th Campus Placement Program in September-October 2019, across 18 Centers in the Country. This is an opportunity both to employers/ organisations as well as young …
ESI Contribution Rates Revised/ Reduced for 2019-20 (Employer 3.25%, Employee 0.75%)
Govt. has amended the ESIC Rules and has notified revised/ reduced rates of ESI Contribution applicable for Employers (reduced from 4.75% to 3.25%) and for Employees (reduced from 1.75% …
New GST Return System: Final Transition Plan of CBIC
CBIC has finalised the transition plan for new GST Returns filing System, as recommenced by GST Council. All taxpayers shall file GST Returns under new system in Jan. 2020, …
GSTR-3B Due Date (March 2019) Extended from 20 April to 23 April 2019
CBIC has notified that the due date for filing of GSTR-3B for the month/ tax period of March 2019 has been extended from 20 April 2019 to 23 April …
Ind AS 116 – Leases: A New Era of Accounting for Lease contracts by Lessees
ICAI has drawn attention of all concerned to 'Ind AS 116 - Leases' recently notified by MCA vide Notification dt. 30 March 2019 on Companies (Ind AS) First Amendment …