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ICAI President’s Message – July 2023

July 3, 2023 1764 Views 0 comment Print

I am pleased to announce that the launch of the New Scheme of Education and Training for the Chartered Accountancy course is scheduled for July 1, 2023 in the august presence of Chief Guest Hon’ble President of India, Smt. Droupadi Murmu during the CA Day event. This marks a significant milestone for all of us, and I express my gratitude to my Council, and the entire Team ICAI for their efforts in making this possible.

Empanelment of Stock and Credit Auditors – Canara Bank, Patna Circle Office

July 1, 2023 10092 Views 0 comment Print

CANARA BANK, Circle Office, Hyderabad invites applications for empanelment of Stock/credit Auditors (Fresh) under Hyderabad circle for a period of five years

Impressive Growth in India’s GST Collection in June 2023

July 1, 2023 2697 Views 0 comment Print

In June 2023, India’s gross GST revenue hit ₹1,61,497 crore, indicating a 12% year-on-year growth. This marks the fourth instance where the gross GST collection has surpassed the ₹1.6 lakh crore mark since the implementation of the GST regime. It also marks the 16th consecutive month where the collections have been more than ₹1.4 lakh […]

Income Tax Department issues clarification on PAN-Aadhaar linking

July 1, 2023 44157 Views 1 comment Print

The Income Tax Department has issued a clarification regarding the PAN-Aadhaar linking process, addressing difficulties faced by PAN holders.

Investigation of Reporting Entities by Income-Tax Department

July 1, 2023 1281 Views 0 comment Print

A detailed examination of the Income-Tax Department’s investigation into Reporting Entities, with a specific focus on a prominent Tamil Nadu bank. Discover the importance of complete and accurate financial transactions reporting.

ICSI: Temporary Disruption in Registration for PMQ, Certificate & Crash Courses

July 1, 2023 933 Views 0 comment Print

Facing technical difficulties in registering for the upcoming PMQ, Certificate, and Crash Courses at ICSI? Learn about the temporary disruption, revised timetable, and how we’re rectifying the situation. Contact our support team for assistance.

ICAI Changes Cut-Off Date for Bank Branch Auditors Panel

June 30, 2023 6654 Views 0 comment Print

Professional Development Committee of ICAI announces change in cut-off date for the Bank Branch Auditors Panel. Learn about revised date, submission guidelines, and implications for chartered accountants and firms.

Sale of Electoral Bonds at Authorised Branches of SBI

June 30, 2023 1488 Views 0 comment Print

Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018 (as amended vide Gazette Notification dated 7th November, 2022). As per provisions of the Scheme, Electoral Bonds may be purchased by a person […]

Form DRC-01B – Managing Liability Differences in GST Returns

June 30, 2023 34845 Views 0 comment Print

Discover all you need to know about managing liability differences using Form DRC-01B. Understand the process, FAQs, and the implications of non-compliance on your GST returns.

CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations

June 29, 2023 1425 Views 0 comment Print

Ministry of Finance CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations The CGST Delhi West Commissionerate under CGST Delhi Zone, upon analysis of an entity under investigation as part of Special Drive against fake registrations, found multiple entities registered on the […]

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