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Budget 2021 Includes 33 Bills and 5 financial items
Ministry of Parliamentary Affairs PM addresses All-Party Meeting on Budget Session of Parliament Govt’s stand on farm laws is the same as it was on 22nd January, and the proposal given by the Agricult...
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Summary & Highlights of Economic Survey-2020-21
Ministry of Finance Summary of Economic Survey-2020-21 V-Shaped Economic Recovery Due to Mega Vaccination Drive, Robust Recovery in the Services Sector and Robust Growth in Consumption and Investment...
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FAQ’s- System driven disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015
The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) were amended and notified vide Gazette Notification No. SEBI/LAD-NRO/GN/2020/23 dated Ju...
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SEBI Consultation Paper on appointment / reappointment of WTD / MD by Listed Entities who fails to get elected at general meeting
Securities and Exchange Board of India Consultation Paper on introduction of provisions relating to appointment / re‑appointment of persons who fail to get elected as Whole-time directors / Managing D...
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Charter for Associations Applying for Prior Permission/Registration under FCRA, 2010
CHARTER FOR ASSOCIATIONS APPLYING FOR GRANT OF PRIOR PERMISSION /REGISTRATION UNDER THE FOREIGN CONTRIBUTION (REGULATION) ACT, 2010. ♣ With a view to streamlining the procedures and ensuring effective...
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Charter for Associations Registration Under FCRA
CHARTER FOR ASSOCIATIONS WHO HAVE BEEN GRANTED PRIOR PERMISSION OR REGISTRATION UNDER FCRA. ♣ Registration and Prior Permission is granted for a definite cultural, economic, educational, religious or...
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FCRA Charter for the Banks
The Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) assigns a very crucial role to banks. All foreign contributions (FCs) received from any ‘foreign source’ (FS) must be necessarily received...
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Representation to FM on Concerns of Chartered Accountants
KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R.) Date: 28th January 2021 To, Smt. Nirmala Sitharaman Hon’ble Minister of Finance & Minister of Corporate Affairs, 15, Safdarjung Road New Delhi –...
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CAG may soon appoint 10811 Accountants and Auditors
CAG has issued two draft notifications by which it has proposed to appoint 10,811 new auditors. It has invited comments on the proposed Recruitment Rules to the post of Auditor/ Accountant, Level 5 in...
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SEIS benefit for year 2019-20- Suresh Prabhu writes letter to Piyush Goyal
SURESH PRABHU MEMBER OF PARLIAMENT (RAJYA SABHA) 78, Lodhi Estate New Delhi 110 003 Tel 011-24640476. 24610478 21st January 2020 Dear Shri Piyush Goyal Ji, I have received request from the Service Exp...
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Request for Issuance of SEIS notification for 2019-20
SEPC has recently submitted a representation to Hon’ble Minister of Finance Smt. Nirmala Sitharaman to take note of the concerns of the services sector and give the approval for release of SETS notifi...
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No late fee on filing AOC-4 Forms till 15.02.2021: MCA
No additional fees shall be levied upto 15.02.2021 for the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL and AOC-4 Non-XBRL in respect of the financial year ended on 31.03.2020. General Circular No...
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Companies (Incorporation) Amendment Rules, 2021
MCA notifies Companies (Incorporation) Amendment Rules, 2021 vide notification No. G.S.R 44(E) dated 25.01.2021 and amended Rule 41 of Companies (Incorporation) Rules, 2014 which relates to Applicatio...
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MCA on condonation of delay & New ‘Extend’ functionality
New ‘Extend’ functionality shall be introduced as part of SPICe+ Part A New ‘Extend’ functionality shall be introduced as part of SPICe+ Part A in line with Rule 9A ‘Extension of reservation of name i...
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Mumbai Local trains to open for Public wef 01.02.2021
Government of Maharashtra DMU 2020/ CR 92/ DM 1 Disaster Management, Relief & Rehabilitation Mantralaya, Mumbai Date:29.01.2021 To The Chief General Manager, Central Railway, CSMT, Mumbai The Chief Ge...
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Representation to FM on Concerns of Chartered Accountants
KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R.) Date: 28th January 2021 To, Smt. Nirmala Sitharaman Hon’ble Minister of Finance & Minister of Corporate Affairs, 15, Safdarjung Road New Delhi –...
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All India Protest demanding better Tax Administration & Policies
All India Protest Call by nearly 200 associations including Chamber of Commerce, Industrial Associations, Trade Associations, Professional Bodies on 29th January 2021 to demand Better Tax Administrati...
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Dissent over Actions & Approach of FMO, MCA and Others
Chartered Accountants Association, Surat Ref: CAAS/Representations/2020-21/04 Date: 26-01-2021 To, The Prime Minister, 152, South Block, Raisina Hills, New Delhi – 110011 Sub: Dissent over Actions and...
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Educational Material on Ind AS 23, Borrowing Costs
Accounting Standards Board The Institute of Chartered Accountants of India 27th January, 2021 ANNOUNCEMENT Release of Educational Material on Ind AS 23, Borrowing Costs Ind AS 23 prescribes the accoun...