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Posted Date : 01-Feb-2020 , 08:01:31 am | Posted By CASANSAAR
Finance Minister Nirmala Sitharaman will present the budget for the next financial year in the Lok Sabha at 11.00 a.m. today. AIR correspondent reports that the budget is expected to focus on ease of doing business, entrepreneurship and wealth creation at the Grassroots. The Finance M...
Continue Reading... Category : Budget | Comments : 0 | Hits : 267
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Posted Date : 01-Feb-2020 , 07:32:08 am | Posted By CASANSAAR
Considering the difficulties being faced by taxpayers in filing GSTR-9 and GSTR-9C for FY 2017-18 it has been decided to extend the due dates in a staggered manner for different groups of States to 3rd, 5th and 7th February 2020 as under. Notifications will follow. Group 1: Maharashtra, Karnataka...
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Posted Date : 31-Jan-2020 , 04:51:18 pm | Posted By CASANSAAR
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament today. The Key Highlights of the Economic Survey 2019-20 are as follows: Wealth Creation: The Invisible Hand Supported by the Hand of Trust ...
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Posted Date : 31-Jan-2020 , 03:38:27 pm | Posted By CASANSAAR
Thank you very much for an overwhelming response. We have decided to also Live the Two Days Webinar on YouTube so that Maximum members can watch it live. So please find below the link for the same for both the days. On Direct Tax Amendments - 1st Feb.2020 from 06:30 PM onw...
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Posted Date : 31-Jan-2020 , 09:01:04 am | Posted By CASANSAAR
The government on Thursday appointed M Ajit Kumar as chairman of the Central Board of Indirect Taxes and Customs. The appointment comes just two days before the Union Budget presentation. "The Appointments Committee of the Cabinet has approved the appointment," said an official re...
Continue Reading... Category : General | Comments : 0 | Hits : 262
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Posted Date : 31-Jan-2020 , 08:56:28 am | Posted By CASANSAAR
With complaints rising against the IT system of Goods & Service Tax (GST), the Finance Ministry has summoned Infosys on Friday to seek an explanation. Infosys is the technology service provider for GST. According to FinMin sources, the Finance Ministry has called CN Raghupati, Senior Vice-Pre...
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Posted Date : 31-Jan-2020 , 08:47:05 am | Posted By CASANSAAR
To help those taxpayers who have queries regarding the faceless e-assessment scheme, the income tax department has launched a helpline facility. There is now an email address and telephone number exclusively dedicated to resolve the queries of taxpayers who have received notices from the National e-...
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Posted Date : 31-Jan-2020 , 08:43:54 am | Posted By CASANSAAR
Bank unions have decided to go on a two-day nationwide strike from Friday as talks with management of public sector lenders on wage revision have failed to reach a consensus. Many banks, including SBI, have informed customers that operations may be impacted to some extent due to the strike. Th...
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Posted Date : 31-Jan-2020 , 08:40:59 am | Posted By CASANSAAR
The government is expected to realise Rs 39,500 crore from the Sabka Vishwas Scheme, a dispute resolution-cum-amnesty scheme for settling pending disputes of service tax and central excise, according to sources. This will act as a big booster for the government, which is staring at revenue shorta...
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Posted Date : 30-Jan-2020 , 10:41:38 am | Posted By CASANSAAR
Changes in GST applicable wef 01st January 2020 eplained by CA Mohit Gupta. Watch this video, click on the link. https://youtu.be/AivBLrzeUY8...
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Posted Date : 30-Jan-2020 , 09:19:45 am | Posted By CASANSAAR
European Parliament has voted overwhelmingly to approve the Brexit deal with London, clearing the final hurdle for Britain's departure from the EU. The vote was 621 to 49 in favour of the Brexit deal that British Prime Minister Boris Johnson negotiated with the other 27 EU leaders.After Brita...
Continue Reading... Category : International Business | Comments : 0 | Hits : 189
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Posted Date : 29-Jan-2020 , 10:51:37 pm | Posted By CASANSAAR
The Reserve Bank of India has imposed a penalty of Rs 1 crore on HDFC Bank for non-compliance with Know Your Customer (KYC) norms, the central bank said on Wednesday. The RBI in a release said that supervisory evaluation of the bank (2016-17) revealed that the HDFC Bank had “failed to exerc...
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Posted Date : 29-Jan-2020 , 10:49:38 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) on Tuesday notified rules for winding up of companies, making it easier for smaller firms to wind up businesses without taking approval. The rules have provided summary procedures for liquidation of companies with asset size of Rs 1 crore and which ha...
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Posted Date : 29-Jan-2020 , 09:41:08 am | Posted By CASANSAAR
The government is planning to tighten reporting norms for auditors to ensure they perform their duties responsibly, BusinessLine reported. The Ministry of Corporate Affairs (MCA) might tweak the Companies Auditors Report Order (CARO) and the audit reporting standards as mandated under the Compani...
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Posted Date : 28-Jan-2020 , 09:51:42 am | Posted By CASANSAAR
Simplification of GSTR-9 & GSTR-9C Discussion on tweets by GST Tech On 27/01/2020 by CA Mohit Gupta. Watch this Video. https://youtu.be/mouFG_04qOE...
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Posted Date : 28-Jan-2020 , 09:48:13 am | Posted By CASANSAAR
Around 5,000 companies have come under the scanner of tax authorities due to alleged discrepancies between their Goods and Services Tax (GST) filings and Income Tax (I-T) returns, Business Standard reported. The Central Board of Direct Taxes (CBDT) has ordered search-and-survey operations against...
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Posted Date : 28-Jan-2020 , 09:46:19 am | Posted By CASANSAAR
Shri Sunil Mehta took over as Chief Executive of IBA on January 27, 2020. He retired as Managing Director and CEO of Punjab National Bank. He Succeds Shri V G Kannana Who demitted Office as Chief Excutive on 31st December 2019 after being at the half for three years.#casansaar (Source - IBA)...
Continue Reading... Category : General | Comments : 0 | Hits : 496
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Posted Date : 28-Jan-2020 , 09:13:11 am | Posted By CASANSAAR
Fraudulent इनपà¥à¤Ÿ पे सरकार का वार!!! Fake Supplier खबरदार . Analysis of Rule 86A - Blocking of ITC by CA. Bhavesh Mittal. https://youtu.be/dnoxO7YRRXo...
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Posted Date : 28-Jan-2020 , 09:11:09 am | Posted By CASANSAAR
The Central Board of Indirect Taxes and Customs (CBIC) has frozen tax credits of around Rs 40,000 crore as the returns did not match, exposing alleged fraud by close to 2,000 entities, apart from cases where returns were not filed. Last week, the indirect tax wing of the revenue department blocked t...
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Posted Date : 28-Jan-2020 , 09:03:45 am | Posted By CASANSAAR
Government has invited bids to sell its 100 per cent stake in Air India. Issuing the preliminary bid document for the strategic disinvestment yesterday, government set the March 17, as the deadline for submitting expression of interest. As part of the strategic disinvestment, Air India would also...
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Posted Date : 27-Jan-2020 , 10:08:04 pm | Posted By CASANSAAR
The Union government released an advertisement inviting applications for the post of the chairman of Securities Exchange Board of India (Sebi). The advertisement, dated 24 January, comes weeks before current chairman's three-year tenure comes to an end in March this year. Ajay Tyagi had assum...
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Posted Date : 25-Jan-2020 , 10:27:07 am | Posted By CASANSAAR
Stagger dates for filing GSTR 3B explained by CA.Bhawna Kindra. Watch this Video. https://youtu.be/o73B8OFWegs...
Continue Reading... Category : GST | Comments : 0 | Hits : 653
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Posted Date : 25-Jan-2020 , 10:17:05 am | Posted By CASANSAAR
The government has asked GST authorities to block input tax credit of about 1,000 taxpayers who have allegedly claimed more credit than they were eligible for, according to a senior official. The Central Board of Indirect Taxes and Customs has asked every commissionerate to identify top 20 taxpay...
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Posted Date : 25-Jan-2020 , 10:07:37 am | Posted By CASANSAAR
State-run transmission utility Power Grid Corporation on January 24 said it has filed an application before Supreme Court against Department of Telecom's demand of around Rs 22,000 crore in past dues, saying its revenue from telecom business was only 2 per cent of its turnover. Followin...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 241
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Posted Date : 25-Jan-2020 , 10:00:09 am | Posted By CASANSAAR
The Income Tax department's raids on the properties of a prominent chain of luxury hotels have revealed undisclosed foreign assets worth more than Rs 1,000 crore, the Central Board of Direct Taxes (CBDT) said in a statement on Friday. The group- Bharat Hotels- runs The Lalit hotel in central Del...
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Posted Date : 25-Jan-2020 , 09:55:36 am | Posted By CASANSAAR
The Chief Justice of India, Mr. Justice S.A. Bobde has said that the Tax Invasion is a Social Injustice to follow citizens and arbitrary or excessive tax is also results in injustice to tax payers. He was addressing the gathering after inaugurating the 79th Foundation Day Celebrations and All India ...
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Posted Date : 24-Jan-2020 , 10:42:39 am | Posted By CASANSAAR
With foreign investors dumping Indian debt but keeping up their investment in equities, the Reserve Bank of India (RBI) on Thursday increased the short-term investment limit of such investors. It doubled the limit in case they voluntarily disclose their investment plan before hand. In two separat...
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Posted Date : 24-Jan-2020 , 10:13:14 am | Posted By CASANSAAR
Express Entry candidates may have received invitations to apply for a provincial nomination from Alberta on January 9. Alberta issued 150 invitations, or Notifications of Interest (NOIs), to candidates in the federal Express Entry Pool.Candidates with Comprehensive Ranking System (CRS) scores as ...
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Posted Date : 23-Jan-2020 , 03:58:41 pm | Posted By CASANSAAR
The 15th Finance Commission headed by Chairman, Shri N.K. Singh alongwith its Members and senior officials today met with the representatives of the Urban Local Bodies (ULBs) of Goa today. The Commission was informed that: Out of the 18 functions envisaged in Twelfth Schedule of the Cons...
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Posted Date : 23-Jan-2020 , 03:54:16 pm | Posted By CASANSAAR
The 15th Finance Commission headed by Chairman, Shri N.K. Singh alongwith its Members and senior officials met today with the representatives of the Rural Local Bodies of Goa. The Commission was informed that: First State Finance Commission was constituted in 1999 an...
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- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- 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
