The 73rd Chartered Accountants’ Day was celebrated today i.e. on July 1st all across the country with great enthusiasm and zeal. July 1st is a landmark day in the history of The Institute of Chartered Accountants of India (ICAI) as on this day in the year 1949, the Institute was set up to regulate the Profession of Chartered Accountancy in India.
Unique Identification Authority of India (UIDAI) today said that all its services are stable and functioning fine. There have been no outages in its Aadhaar – PAN/EPFO linking facility which is authentication-based facility.
Chartered Accountants Association, Surat has made a representation to CBIC Chairman and brought to his attention Questionnaire of Absurdness issued by Department, Bottlenecks in the present GST Registration Scheme and Instances of absurd queries raised during GST Registrations by SGST Officials. Text of their representation is as follows:- Chartered Accountants Association, Surat Ref: CAAS/Representations/2021-22/06 Date: […]
This discussion paper solicits comments on the following issues related to a corporate insolvency resolution process (CIRP). A. Code of conduct for Committee of Creditors B. Restrictions on request for resolution plans and use of swiss challenge in CIRP C. Treatment of live bank guarantees and line of credit as claims in a CIRP
During liquidation process, the liquidator makes a public announcement inviting filing of claims and verifies them. He takes into his custody or control of all the assets of the corporate debtor (CD) and forms a liquidation estate
The Audit Firm’s reporting in the “Basis of opinion” section of Independent Auditors Report is false and misleading. he Audit Firm did not obtain sufficient appropriate audit evidence to understand the impact that the insolvency petition against JIL had on the Company (JAL).
The Income Tax Department carried out a search and seizure operation on 25.08.2021 on a group based in Maharashtra and Goa. The group is a prominent steel manufacturer and trader of Pune, Nashik, Ahmednagar and Goa. More than 44 premises were covered in the search operation.
FDI equity inflow grows by 168% in the first three months of F.Y. 2021-22 (US$ 17.57 billion) compared to the same corresponding period last year (US$ 6.56 billion). Total FDI inflow of US$ 22.53 billion during first three months of 2021-22, i.e. April, 2021 to June, 2021 is much Higher as compared to US$ 11.84 billion in first three months of 2020-21
Applications are invited from Indian citizens to appear in the online written examination for issuance of license to act as a Customs Broker under Customs Brokers Licensing Regulations (CBLR), 2018, as amended. A copy of the regulations is available at www.cbic.gov.in and www.nacin.gov.in.
Ministry of Finance Pradhan Mantri Jan-Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes seven years of successful implementation More than 43.04 crore beneficiaries banked under PMJDY since inception, amounting to Rs. 146,231 crore “The journey of PMJDY led interventions undertaken over a short span of 7 years has in effect, produced both transformational […]
