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Archive: 06 June 2021

Posts in 06 June 2021

ICAI revises Schedule of CA Foundation Exam, June/July 2021

June 6, 2021 702 Views 0 comment Print

REVISED SCHEDULE OF CHARTERED ACCOUNTANT FOUNDATION EXAMINATIONS, JUNE / JULY 2021 In continuation to Announcement dated 5.6.2021, students may note the revised schedule of Chartered Accountant Foundation Examinations commencing from 24th July 2021 as per details given below.

GST: Relevant date for refund of interest paid on gross tax liability

June 6, 2021 4578 Views 1 comment Print

By virtue of decision taken in 43rd GST Council Meeting, Notification No. 16/2021 – Central Tax dated 1st June, 2021 was issued under GST law to state that interest under Section 50 of the CGST Act, 2017 would be applicable only on net tax liability with retrospective effect from July 1, 2017. With this notification […]

How to avail MSME Loans under Collateral Free Schemes of Govt. of India

June 6, 2021 6951 Views 2 comments Print

In order to boost enterprenuership and support Micro, Small and Medium Enterprise in setting up of new business ventures or expansion of their existing business, Govt. of India is operating various funding schemes for the enterprenuers. Today, in this article we will discuss about one such specialised scheme called “CGTMSE Collateral Free Finance” offered by […]

Procedure for transferring unclaimed or unpaid dividend to IEPF

June 6, 2021 24114 Views 0 comment Print

Procedure for transferring unclaimed or unpaid dividend to Investor Education and Protection Fund (IEPF) in brief Applicable Provision: Rule 5 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 r/w Section 125 of Companies Act, 2013. Below-mentioned is the procedure as given under Rule 5: 1. The amount of […]

What statutory & other benefits in Company Employees should know

June 6, 2021 11640 Views 0 comment Print

Each and every person who employed or going to employed need to know some basic rights and benefits before joining to any organisation. This would help him or her to confident and prepare for any future discrepancy or dispute arise. I am trying to explain few of these in this article. Offer Letter – Before […]

Involvement of CFOs in Corporate Frauds

June 6, 2021 6468 Views 1 comment Print

Role of CFO comes with great responsibilities in the company. Considered as Key Managerial Person of the company it’s role and responsibilities are defined under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Further to strengthen the Corporate Governance in the company CFOs shall bring out the material discrepancies found in the Financial Statements […]

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