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Result of CS Examinations December, 2020- Toppers & Analysis

February 26, 2021 9279 Views 0 comment Print

In Executive Programme (Old Syllabus) examination 15.21 percent of candidates passed in Module – I and 21.28 percent in Module – II, while in Executive Programme (New Syllabus) examination 8.27 percent of candidates passed in Module – I and 15.49 percent in Module – II.

Introduction of Concept of “Accredited Investors” in Indian securities market

February 26, 2021 2166 Views 0 comment Print

The objective of Consultation Paper on Introduction of concept of Accredited Investors in Indian securities market is to seek comments from the public and various stakeholders of the securities market, on the proposal to introduce the concept of Accredited Investors in the Indian securities market.

CBI Arrests an Assistant Commissioner and a Superintendent, both of Customs

February 26, 2021 1893 Views 0 comment Print

The Central Bureau of Investigation has arrested an Assistant Commissioner and a Superintendent, both of Customs Department, Mumbai in an alleged bribery case.

UK Court allows Extradition of Nirav Modi

February 26, 2021 1059 Views 0 comment Print

The Westminster Magistrates’ Court, London(UK) has today accepted the contention of Govt of India to extradite Mr.Nirav Modi. The U.K.Court delivered the verdict wherein it held that the evidence against Mr.Nirav Modi is prima facie sufficient to order his extradition to India to face the charges.

Advisory on Fake Invoice under GST

February 25, 2021 18585 Views 0 comment Print

⇒ Fake Invoice refers to a ‘Non-Compliant GST Invoice’. ‘Non-Compliant GST Invoice’ means any invoice which does not comply with the provisions of the CGST Act and Rules, 2017. Usually, ‘Fake Invoice’ refers to a non-compliant GST invoice of the following types: (a) Invoice without any ‘Supply’ (b) Invoice with a ‘Non-Compliant’ supply.

Verify status of Nidhi companies before investment: MCA

February 25, 2021 6471 Views 1 comment Print

Investors are advised to verify the antecedents / status of a Nidhi Company especially their declaration of their status as Nidhi Company by the Central Government before becoming its member and investing their hard earned money in such companies.

Government notifies rules for OTT Platforms, Social & Digital Media

February 25, 2021 8427 Views 1 comment Print

Ministry of Information & Broadcasting Government notifies Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 Social media platforms welcome to do business in India but they need to follow the Constitution and laws of India Social media platform can certainly be used for asking questions and criticise Social media platforms have empowered […]

ICAI warns Students & members- Issues advisory for ‘objectionable’ social media posts

February 25, 2021 903 Views 0 comment Print

Institute of chartered Accountants of India, being the supreme institution for CAs, has always tried to protect the interest of the CA profession. Not only this but also the development of all the members and stakeholders by taking many initiatives. Such initiatives are targeted not only for regulating the profession but also to enhance the […]

MCA & CBIC sign MoU for exchange of data

February 25, 2021 804 Views 0 comment Print

MCA & CBIC sign MoU for exchange of data for enhancing Ease of Doing Business in India and improve overall regulatory enforcement

Cabinet approves Production Linked Incentive Scheme for IT Hardware

February 25, 2021 612 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. The Target Segments under the proposed Scheme include Laptops, Tablets, All-in-One PCs andServers.

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