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Posted Date : 19-Mar-2020 , 09:38:13 pm | Posted By CASANSAAR
As per reliable source - RBI has send the panel for Statutory Bank Auditors to Banks. Following Banks has started sending mails (it can be region wise) as informed by members :- (www.casansaar.com) Bank of India. Bank of Maharashtra. Andhra Bank. Allahabad Bank. Indian B...
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Posted Date : 19-Mar-2020 , 12:06:27 pm | Posted By CASANSAAR
Have you missed the Webinar on Bank Branch Statutory Audit? Don't worry... Plz find below the link for Video recording of the Webinar on Bank Branch Statutory Audit by CA. Amarjit Chopra ji (Past President, ICAI) https://youtu.be/B_CBPgb-0-Y Dont Forget to Subscribe CA Sansaar YouTub...
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Posted Date : 19-Mar-2020 , 08:38:53 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) has extended a credit line of Rs 60,000 crore to YES Bank to ensure that the bank is able to meet its obligations to depositors as it resumed its full-service operations on Wednesday, according to sources familiar with the development. RBI Governor Shaktikanta Das ...
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Posted Date : 19-Mar-2020 , 08:31:17 am | Posted By CASANSAAR
Prime Minister Narendra Modi chaired a high-level meeting to review the ongoing efforts to tackle COVID-19 on March 18. He is scheduled to address the nation on March 19 at 8 p.m., during which he will talk about issues relating to COVID-19 and the efforts to combat it. “During the meeti...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 270
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Posted Date : 18-Mar-2020 , 09:29:39 am | Posted By CASANSAAR
Thank you very much for an overwhelming response for the Webinar on Bank Audit by CA. Amarjit Chopra ji on 18th March 2020 from 03:30 PM to 05:30 PM. If you haven't received the link at your email id because of overwhelming response then also you can watch Live Webinar on YouTube. ht...
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Posted Date : 18-Mar-2020 , 09:20:01 am | Posted By CASANSAAR
Bank branches could be open only for three days next week due to a day-long bank strike and other bank holidays. To protest against the mega merger plan of 10 PSU banks into four larger banks, the All India Bank Employees' Association (AIBEA) and All India Bank Officers' Association (AIBOA) ...
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Posted Date : 18-Mar-2020 , 09:17:29 am | Posted By CASANSAAR
The Ministry of Corporate Affairs is set to make major changes to the framework of statutory audits to ensure that managements cannot arm-twist or tempt auditors into overlooking governance lapses. The proposed changes will mostly be through rules under the Companies Act as well as through change...
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Posted Date : 17-Mar-2020 , 11:15:55 am | Posted By CASANSAAR
Procedure for Vivad Se Vishwas Scheme, Watch this Video. https://youtu.be/UKC1YUcRDBc...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 1058
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Posted Date : 17-Mar-2020 , 09:17:10 am | Posted By CASANSAAR
Reserve Bank of India (RBI) governor Shaktikanta Das announced a Rs 1-lakh-crore liquidity infusion for banks through a long-term repo operation (LTRO) at the central bank’s policy rate of 5.15%. It also announced a second six-month dollar-swap facility. Under this, the central bank will make ...
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Posted Date : 17-Mar-2020 , 09:08:57 am | Posted By CASANSAAR
President Ram Nath Kovind on Monday nominated former Chief Justice of India (CJI) Ranjan Gogoi to the Rajya Sabha. “In exercise of the powers conferred by sub-clause (a) of clause (1) of article 80 of the Constitution of India, read with clause (3) of that article, President is pleased to n...
Continue Reading... Category : General | Comments : 0 | Hits : 434
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Posted Date : 16-Mar-2020 , 12:06:37 pm | Posted By CASANSAAR
Canada aims to welcome over 10 lakh immigrants over the next three years, up to 2022. This spells good news for skilled Indians, especially those in the technology sector. Given the challenges thrown up by the US immigration policies Canada has emerged as an attractive alternate destination. Acco...
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Posted Date : 16-Mar-2020 , 11:57:52 am | Posted By CASANSAAR
The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase the security of card transactions. These rules will help in curbing the misuse of debit and c...
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Posted Date : 15-Mar-2020 , 09:22:35 am | Posted By CASANSAAR
Updates of 39th GST Council Meeting explained by CA. Hajela. Watch this Video,,,, https://youtu.be/bWRjwsCw3vA...
Continue Reading... Category : GST | Comments : 0 | Hits : 501
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Posted Date : 14-Mar-2020 , 10:12:02 am | Posted By CASANSAAR
Eligibility Criteria for availing Vivad Se Vishwas Scheme discussed by CA. (Adv) Kapil Goel with CA. Vivek Khurana. Watch This Video,,, https://youtu.be/RORU_GTvK00...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 687
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Posted Date : 14-Mar-2020 , 10:05:00 am | Posted By CASANSAAR
The Reserve Bank on Friday came out with regulatory guidelines for implementation of Indian Accounting Standards (Ind AS) by non-banking financial companies (NBFCs) and asset reconstruction companies (ARCs) while preparing their financial results. The guidelines, which are aimed at promotin...
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Posted Date : 14-Mar-2020 , 09:52:46 am | Posted By CASANSAAR
The number of input tax credit (ITC) fraud cases under Goods & Services Tax (GST) in the first nine months of this financial year has risen 170 per cent more than that reported in the whole of last fiscal. During the same period, the amount involved is nearly 80 per cent of full FY19. Accordi...
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Posted Date : 13-Mar-2020 , 10:12:51 pm | Posted By CASANSAAR
The Union Cabinet Friday approved reconstruction scheme for Yes Bank under which SBI will acquire 49 per cent stake in the crisis-ridden private sector bank. Finance Minister Nirmala Sitharaman said the Union Cabinet has approved the reconstruction scheme for Yes Bank as suggested by the Reserve ...
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Posted Date : 13-Mar-2020 , 09:49:03 pm | Posted By CASANSAAR
Parliament has passed the Vivad Se Vishwas Bill, 2020 today. The bill provides a waiver on interest, penalty and prosecution for settlement of Direct Tax disputes. It grants a complete waiver on interest and penalty when the disputed amount is paid before 31st of this month, and provisions an additi...
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Posted Date : 13-Mar-2020 , 05:40:26 pm | Posted By CASANSAAR
The government on Friday approved a proposal for the construction of 780 km of green highways at a cost of Rs 7,660 crore. "The Cabinet has approved building 780-km 'green' National Highway project at a cost of Rs 7,660 crore," Union Minister Prakash Javadekar told reporters after ...
Continue Reading... Category : General | Comments : 0 | Hits : 398
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Posted Date : 13-Mar-2020 , 03:29:14 pm | Posted By CASANSAAR
e-Invoicing Process under GST explained by Mr. Gaurav Mohan. Watch this Video..... https://www.youtube.com/watch?v=3x1giycA-eA...
Continue Reading... Category : GST | Comments : 0 | Hits : 1394
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Posted Date : 13-Mar-2020 , 08:42:37 am | Posted By CASANSAAR
Manitoba held its latest provincial nominee program draw on March 12, inviting a total of 222 immigration candidates to take the next step toward PR. The Manitoba Provincial Nominee Program (MPNP) held its 85th Expression of Interest (EOI) draw, inviting candidates from the following three immigr...
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Posted Date : 13-Mar-2020 , 08:38:18 am | Posted By CASANSAAR
Finance minister Nirmala Sitharaman on Thursday reviewed the progress on the amalgamation of public sector banks that is expected to come into effect from April 1. “Amalgamating PSBs made a presentation to Hon. FM Nirmala Sitharaman on their preparedness. Amalgamated PSBs to ensure no disru...
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Posted Date : 13-Mar-2020 , 08:10:54 am | Posted By CASANSAAR
The World Health Organization today said that the Novel Coronavirus outbreak is a controllable pandemic if countries step up measures to tackle it. WHO Director-General Tedros Adhanom Ghebreyesus had earlier acknowledged that the global outbreak of the Novel Coronavirus could now be conside...
Continue Reading... Category : General | Comments : 0 | Hits : 325
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Posted Date : 12-Mar-2020 , 03:14:45 pm | Posted By CASANSAAR
Parliament on Thursday passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters. The Insolvency and Bankruptcy Code (Amendment) Bill, 2020 was passed by voice vote in Raj...
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Posted Date : 12-Mar-2020 , 09:08:50 am | Posted By CASANSAAR
Sexual harassment at the workplace is an "affront" to the fundamental rights of a woman to equality, her right to live with dignity and to practice any profession or carry out any occupation, the Supreme Court has said. The apex court observed this while upholding the verdict of the Mad...
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Posted Date : 12-Mar-2020 , 08:56:13 am | Posted By CASANSAAR
Alberta held its fourth Express Entry draw of 2020 on February 20, inviting immigration candidates to apply for a provincial nomination for Canadian permanent residence. The Alberta Immigrant Nominee Program (AINP) invited a total of 150 Express Entry candidates with Comprehensive Ranking System ...
Continue Reading... Category : International Business | Comments : 0 | Hits : 589
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Posted Date : 12-Mar-2020 , 08:52:50 am | Posted By CASANSAAR
Mobile phones, textiles and a few other goods may become costlier if the GST Council chooses to correct certain duty structures on them due to which finished products attract lower duty than the raw material. This imbalance in taxes, which is called inverted duty structure, has been resulting int...
Continue Reading... Category : GST | Comments : 0 | Hits : 290
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Posted Date : 12-Mar-2020 , 08:45:51 am | Posted By CASANSAAR
The Gujarat High Court has issued notices to the Union government, the GST Council, and the Customs authorities over imposition of surcharge and cess on duties paid through scrip-based incentives by exporters. Earlier, exporters had moved the HC, challenging the constitutional validity of imposit...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 251
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Posted Date : 09-Mar-2020 , 10:09:55 am | Posted By CASANSAAR
The Directorate General of GST Intelligence (DGGI) on Saturday said it has registered a case against XXXXXXXXXXXXX Pvt Ltd and others for fraudulently claiming refunds on export of goods of over Rs 61 crore. “DGGI booked a case on March 6, 2020 against XXXXXXXXXXXXXX Pvt Ltd & others. A...
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Posted Date : 09-Mar-2020 , 10:07:23 am | Posted By CASANSAAR
Discussion on Prevention of Sexual Harassment (POSH) by CA. Ritu Gupta, CA. Sana Baqai and CA. Mansi Vohra on International Women's Day. Watch this video,,,, https://youtu.be/KpYM2Cf59SQ...
Continue Reading... Category : General | Comments : 0 | Hits : 673
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
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- Bank Branch Statutory Audit Updates 2019
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- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Professional News For CA,CS,CMA.Fresh Accounting News Articles On Income Tax,Service Tax,Sales Tax, Vat,Company Law,RBI,CAG,Custom,Excise On CASANSAAR
