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ICAI Pledges to contribute Rs 21 crores to PM Cares Fund & PMNRF

April 11, 2020 687 Views 0 comment Print

ICAI endeavours to collect Rs 6 crores through voluntary contributions, out of which Rs 1.72 crores has been deposited in PMNRF on March 31, 2020 as first contribution by ICAI Membership, students and Officials. The balance Rs 4.28 crores will be deposited in the newly constituted PM CARES Fund by April 20, 2020.

Relax Regulation for Depositories and Participants: ICSI

April 10, 2020 1716 Views 0 comment Print

ICSI Request for relaxation from compliance with the provisions of Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018

Several Measures Taken by ESIC to Extend Relief During COVID-19 Pandemic

April 10, 2020 1020 Views 0 comment Print

The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many parts of the country have been placed under lock down to enforce social distancing.  To deal with the crisis, Employees’ State Insurance Corporation (ESIC) has undertaken multiple steps to provide relief to its Stakeholders and members of public.

Advisory for WhatsApp Users and Admins during Covid-19 pandemic

April 10, 2020 2631 Views 1 comment Print

Amidst this coronavirus crisis, a lot of fake news, misinformation and hate speech messages are being circulated on instant messaging platforms, like WhatsApp. Below are some points the members and admins of such groups on messaging platforms should take note of.

Insurance Scheme for Health Workers Fighting COVID-19- FAQs

April 10, 2020 606 Views 0 comment Print

Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers Fighting COVID-19 FAQs Q 1. What does this Scheme cover? Ans: This accident insurance scheme covers; Loss of life due to COVID19, and Accidental death on account of COVID-19 related duty. Q.2  What is the definition of Accident? Ans: An accident is sudden, unforeseen and involuntary […]

GST ease in the midst of COVID 19: E-way charge validity broadened

April 9, 2020 672 Views 0 comment Print

Where an e-way bill has been created and its time of legitimacy terminates during the period 20th of March, 2020 to 15th of April, 2020, the legitimacy time of such e-way bill will be esteemed to have been stretched out till the 30th day of April, 2020. The legislature on 3rd April 2020 expanded the legitimacy of e-way bill and […]

Changes in Advisory on Opting-in for GST Composition Scheme for 2020-21

April 9, 2020 5328 Views 0 comment Print

Existing Normal taxpayers who want to opt for Composition Scheme in Financial Year 2020-21 may note following changes: 1. Revised date to file Form GST CMP 02: Normal and registered taxpayers who want to opt in for Composition in FY 2020-21 can apply in Form GST CMP-02 by 30th June 2020.

Wearing of Mask Compulsory in Mumbai at Public Places

April 8, 2020 1968 Views 0 comment Print

1. All person will be moving for whatsover purpose and under whatever reason authority in public place, like street, hospital, office, markets must be wearing 3 ply mask or cloth mask compulsorily. 2. Any person who is moving around in his personal and official vehicle must be wearing these masks compusarily.

RBI permits greater space to State Govts/ UTs for availing overdraft facilities

April 8, 2020 561 Views 1 comment Print

In order to provide greater flexibility to the State Governments to tide over their cashflow mismatches, RBI, on a review, has decided to a. increase the number of days for which a State/ UT can be in overdraft continuously to 21 working days from the current stipulation of 14 working days.

ITAT holds Video Conference on ‘Direct Tax Vivad Se Vishwas’

April 8, 2020 1521 Views 0 comment Print

Income Tax Appellate Tribunal holds All India Video Conference on ‘The Direct Tax Vivad Se Vishwas Act, 2020’ ITAT President Justice P.P. Bhatt encourages stakeholders to avail the Scheme so as reduce pending tax litigation Government open to suggestions for better implementation of the scheme and propose amendments to the Bill, says Mr. P.C. Mody, […]

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