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e-Way Bill – 3 Updates from 17th March 2021

March 18, 2021 49533 Views 19 comments Print

 Latest Updates: 17/03/2021 1. e-Way Bill cannot be generated with only SAC codes(99) for Services, minimum one HSN code belonging to Goods is mandatory. 2. Vehicle type ODC is provisioned for transport mode ‘Ship’ 3. Transporters are provided with Report of e-Waybills based on assigned Date.

Chartered Accountancy Qualification Equivalent to Post Graduate Degree

March 18, 2021 16728 Views 1 comment Print

Opportunities for CA professionals are increasing and these may be ceremoniously tapped, provided we accept our times and the paradigm shift in the profession as its essential feature. To be future-ready, the CA profession has been re-inventing and upgrading itself in tune with the challenges of the dynamic economy of the country as well as that of the globe. It is a compound learning process-learn, unlearn and then learn again; all professionals should integrate themselves with this process of learning.

Govt initiatives to provide world market for industries & farmers

March 18, 2021 534 Views 0 comment Print

India’s share in world merchandise exports remained constant at 1.7% in 2017, 2018 and 2019 (Jan-Dec). However, India’s rank as an exporter improved from 20th position in 2017 to 18th position in 2019 (as per latest available WTO press releases), indicating that the credibility and demand of Indian products are increasing in the world market.

Clarification on continuation of concessional rate of tax on interest income of FPIs

March 17, 2021 630 Views 0 comment Print

CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain interest income of FPIs. Press release issued on the same today. Ministry of Finance Clarification on continuation of concessional rate of tax on […]

Filling of fresh CA exam forms for May 2021 Exam Cycle is mandatory

March 17, 2021 756 Views 0 comment Print

Filling of fresh exam forms for May 2021 Exam Cycle is mandatory for Students appearing in May 2021 Exams including those who opted out of Nov 2020 Exam Cycle and had opted for May 2021 Exam Cycle. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) Examination Department The Institute […]

Haryana Budget 2021 focuses on Health, Agriculture & infrastructure

March 17, 2021 1992 Views 0 comment Print

Haryana Govt. Presents Rs 1.55 lakh Cr. Budget for the 2021 -22 Fiscal Year. Health, Agriculture, and infrastructure Are the Key Priority Areas Haryana government proposed Rs 1.55 lakh crore budget for the 2021-22 fiscal year on Friday. In the budget, the government kept health, agriculture, and infrastructure in the key priority areas in order […]

Income Tax Dept searches handlers of Cash in Tamil Nadu

March 17, 2021 708 Views 0 comment Print

Income Tax Department conducts searches in Tamil Nadu The Income Tax Department carried out searches on 11.03.2021 in the case of a group of individuals who are involved in handling huge amount of cash and routing unaccounted money through foreign entities and bank accounts of their related concerns. The search operation was carried out at […]

Export Promotion Schemes- RoDTEP, TIES, Duty Drawback, GST Refund

March 17, 2021 11892 Views 0 comment Print

Export Promotion The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropriate infrastructure for growth of exports from the States. The Scheme provides financial assistance in the form of grant-in-aid to Central/State Government agencies for setting […]

Impact of Coronavirus on Supply Chain

March 17, 2021 513 Views 0 comment Print

The Corona Virus outbreak in China initially impacted the supply chains of Indian industries which are dependent on China for import of components, intermediaries and raw materials. Thereafter, the Chinese production resumed during the year. However due to the global supply chain shocks on account of  the pandemic,  countries are seeking  to build resilience in their supply chains to reduce over-concentration of  import sources.

Online Facility by ICAI to update Email ID, Mobile & Address

March 17, 2021 89862 Views 10 comments Print

If you intend to update your Professional Address, Correspondence Address, and / or Email / Mobile number, you may do so by using the ‘Profile Edit Form’ in SSP. For us to reflect your name correctly in the List of Members and List of Firms (if you are also a partner). Login to SSP at […]

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