Login  |  Register  |  Forgot Password 

News - (Get Professional Updates on Whatsapp, Msg on 8285393786)

GSTN to release improved version 3 of GST return filing interface
Posted Date : 22-Oct-2019 , 10:01:19 am | Posted By CASANSAAR

GST Network, provides the IT infrastructure and services for the implementation of the GST, will on October 22 release the version 3 of GST return filing interface.  The new version has incorporated many improvements suggested by users. Currently, version 2 of the GST return filing interface...

Continue Reading...

Category : GST | Comments : 0 | Hits : 380

Govt brings commodity option trading, settlement at par with equities
Posted Date : 21-Oct-2019 , 09:02:17 am | Posted By CASANSAAR

The government has brought commodity options trading and settlement on a par with equities, paving the way for new norms for farmers and small and medium enterprises to step up hedging. Commodity options can now be settled directly. The current practice is options devolve into futures first and t...

Continue Reading...

Category : Shares & Stock | Comments : 0 | Hits : 229

SEBI lays down stricter norms for Statutory Auditors
Posted Date : 21-Oct-2019 , 08:56:15 am | Posted By CASANSAAR

Regulator Sebi put in place stricter norms for auditors, including prompt disclosures about reasons for their resignation and requirement to approach chairman of audit committee directly in case of any concerns with management of the firm concerned. The norms have been issued against the backdrop of...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 626

New GST return forms may force firms to change ERP systems
Posted Date : 21-Oct-2019 , 08:49:02 am | Posted By CASANSAAR

The new Goods and Services Tax (GST) returns from April 2020 that mandate providing more details may require companies to amend their enterprise resource planning (ERP) systems. Tax experts and chartered accountants (CAs) said that the new return systems would require a lot of details such as pur...

Continue Reading...

Category : GST | Comments : 0 | Hits : 804

Corporate income tax cut will help revive investment in India: IMF
Posted Date : 19-Oct-2019 , 09:50:57 am | Posted By CASANSAAR

Changyong Rhee, Director, Asia and Pacific Department, IMF, said that following a marked slowdown in the last two quarters in India, the economy is expected to grow at 6.1% this fiscal. The International Monetary Fund (IMF) on Friday supported India’s recent decision to reduce corporate inc...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 188

What is Under-reporting or Mis-reporting of income under Income Tax Act?
Posted Date : 18-Oct-2019 , 07:09:03 am | Posted By CASANSAAR

What is Under-reporting or Mis-reporting of income under Income Tax Act? New Penalty Provisions under Section 270A, Immunity under Section 270AA of Income-tax Act. Explained by Advocate (CA) Kapil Goel with CA Vivek Khurana. https://youtu.be/V3KvlcicDSE   Don't Forget to  SUBSC...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 540

Regulator, auditor should be held responsible for frauds in banks- Anurag Thakur
Posted Date : 18-Oct-2019 , 07:01:32 am | Posted By CASANSAAR

The regulator, auditor and management should be held responsible for fraud in Punjab and Maharashtra Co-operative Bank or other banks, Minister of State for Finance Anurag Thakur said on Thursday. Thakur said that in case of PMC Bank, the Reserve Bank of India has allowed withdrawal of Rs 40,000, wh...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 651

Domain + Website + Hosting + 2 email ids @ Just Rs.2499/- with 30 days Money Back Guarantee
Posted Date : 17-Oct-2019 , 09:48:56 pm | Posted By CASANSAAR

On the Successful Completion of its 10 Years, CA SANSAAR offers a Golden opportunity to its Members, where they could create their own stunning website with multiple designs and templates to choose.  It will be completely your own space, which is going to be a Dynamic Websit...

Continue Reading...

Category : General | Comments : 0 | Hits : 336

RBI governor faces board queries on financial frauds
Posted Date : 17-Oct-2019 , 09:52:32 am | Posted By CASANSAAR

Reserve Bank of India (RBI) governor Shaktikanta Das came under pressure at the bank’s board meeting last week, with two external directors questioning how a string of frauds that have surfaced since 2018 remained undetected for years. The two board members referred to the losses suffered b...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 373

SEBI issues cybersecurity framework for KYC Registration Agencies
Posted Date : 16-Oct-2019 , 11:12:16 am | Posted By CASANSAAR

Amid concerns over possible data breaches, markets regulator Sebi on Tuesday put in place a detailed cybersecurity framework for KYC registration agencies, requiring them to define responsibilities of employees, including outsourced staff, who have privileged access to networks. Besides, the watchdo...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 350

IBBI for statutory recognition of valuation professionals
Posted Date : 16-Oct-2019 , 11:08:02 am | Posted By CASANSAAR

The Insolvency and Bankruptcy Board of India (IBBI) Chairman M.S. Sahoo has said that there should be a statuary nod given to valuation professionals in India to further streamline the profession. Speaking at an event here, Sahoo said: "IBBI is looking for valuers who are part of a setup whi...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 394

Income-tax officials give thumbs down to faceless assessment program
Posted Date : 16-Oct-2019 , 11:04:42 am | Posted By CASANSAAR

The Centre’s plan of faceless assessment has not gone down well with income-tax officials. Days before its introduction on October 7, they had sent a complaint letter to the Central Board of Direct Taxes (CBDT), claiming that the new scheme was implemented in a “hurry without considering...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 1416

Income tax department releases data on Crorepati taxpayers
Posted Date : 16-Oct-2019 , 10:57:43 am | Posted By CASANSAAR

If data from the income tax department's records is taken into account, India had more than 97,000 people earning a taxable income of over ₹1 crore in the financial year 2017-18. The Central Board of Direct Taxes (CBDT) has now come out with a detailed break-up of data collected from income...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 486

DIN Deactivated due to non-filing of DIR-3 KYC - MCA
Posted Date : 16-Oct-2019 , 10:46:48 am | Posted By CASANSAAR

Please note that the DINs which have not complied with the requirement of filing DIR-3 KYC have since been marked as ‘Deactivated due to non-filing of DIR-3 KYC’. Such DINs are not allowed to be used for filing any eforms on MCA21 portal. In case the present status of your DIN is &lsq...

Continue Reading...

Category : MCA | Comments : 0 | Hits : 547

Income tax dept says check your email or e-filing account as e-assessment begins
Posted Date : 15-Oct-2019 , 09:33:34 am | Posted By CASANSAAR

The income tax department has advised taxpayers to check their registered e-filing accounts and email ids as the first phase of the e-Assessment Scheme 2019 gets underway.  In the first phase, the income tax department has selected 58,322 cases for scrutiny under the new e-assessment scheme ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 876

Now Get a reprint copy of your PAN Card for just Rs 50
Posted Date : 15-Oct-2019 , 09:23:41 am | Posted By CASANSAAR

Permanent Account Number (PAN) card is an essential document used for several purposes. It is compact and can fit easily into wallets. You can order a reprint of your PAN card for just Rs 50 in case you have lost or damaged it, or want a copy of it. A PAN card is issued by the income tax departme...

Continue Reading...

Category : PAN | Comments : 0 | Hits : 3260

RBI imposes penalty on Lakshmi Vilas and Syndicate Bank
Posted Date : 15-Oct-2019 , 09:17:29 am | Posted By CASANSAAR

The Reserve Bank of India has imposed a monetary penalty of Rs.1 crore on Lakshmi Vilas Bank (LVB) and Rs.75 lakh on Syndicate Bank. In the case of LVB, the RBI said the penalty has been imposed for non-compliance with certain provisions of directions issued by it on ‘Income Recognition and...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 782

ICAI released admit cards for foundation, intermediate and final Nov 2019 exams
Posted Date : 15-Oct-2019 , 09:13:26 am | Posted By CASANSAAR

ICAI has released the admit Card or hall tickets for Chartered Accountancy foundation, intermediate and final levels exams 2019. The admit cards have been released on the official website of Institute aof Chartered Accountants of India (ICAI) at https://icaiexam.icai.org How to download ICAI CA N...

Continue Reading...

Category : ICAI | Comments : 0 | Hits : 781

RBI raises withdrawal limit to Rs 40,000 for PMC bank account holders
Posted Date : 15-Oct-2019 , 09:07:44 am | Posted By CASANSAAR

Reserve Bank has enhanced the withdrawal limit for the account holder of Punjab and Maharashtra Cooperative Bank or PMC Bank to 40 thousand rupees from 25 thousand rupees. This is the third time, RBI has raised the withdrawal limit since its clamp down on PMC Bank last month. In a statement, RBI sai...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 297

Legal Provisions for filing GSTR 9 and GSTR 9C
Posted Date : 14-Oct-2019 , 07:23:54 pm | Posted By CASANSAAR

Legal Provisions for filing GSTR 9 and GSTR 9C. (Legal Provisions for filing GSTR 9 and GSTR 9C by CA Rahul Jain)    https://youtu.be/4xU6FeQRq8o   Dont Forget to SUBSCRIBE CA Sansaar YouTube Channel.    http://bit.ly/2Hg4TBB ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 1027

Govt set to crack down on GST defaulters
Posted Date : 14-Oct-2019 , 09:10:49 am | Posted By CASANSAAR

A government panel will discuss on Tuesday ways to intensify enforcement activities against goods and services tax (GST) defaulters who have been identified by a fraud detection software, amid GST collections dropping to a 19-month low in September. This marks a shift from handholding businesses ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 512

ED attaches Bhushan Steel’s assets worth Rs.4025 Cr
Posted Date : 14-Oct-2019 , 09:03:45 am | Posted By CASANSAAR

In a major blow to Bhushan Power and Steel Limited (BPSL), the Enforcement Directorate (ED) on Saturday attached assets worth Rs.4,025 crore, in connection with its ongoing money-laundering probe linked to an alleged bank loan fraud. The probe agency said it had attached immovable properties &mda...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 269

Govt to decriminalise 2/3rds of offences under Companies Act
Posted Date : 14-Oct-2019 , 09:00:49 am | Posted By CASANSAAR

The government is set to decriminalise two-thirds of the Companies Act as it looks to do away with jail term in over 40 sections out of the 66 where compounding is permitted. Besides, the ministry of corporate affairs, which is pushing the change, is also seeking to lower the penalty for small co...

Continue Reading...

Category : Companies Act | Comments : 0 | Hits : 263

Unicef now accepting donations through Bitcoin and Ether
Posted Date : 12-Oct-2019 , 08:34:36 am | Posted By CASANSAAR

The UN children’s agency, Unicef, has announced it is accepting and disbursing donations through cryptocurrencies ether and bitcoin. Unicef’s new Cryptocurrency Fund is the latest in a series of efforts by aid organisations to experiment with “blockchain” currencies, which...

Continue Reading...

Category : Bitcoins | Comments : 0 | Hits : 189

SEBI announces guidelines for issue of depository receipts by Indian Companies
Posted Date : 12-Oct-2019 , 08:31:33 am | Posted By CASANSAAR

The Securities and Exchange Board of India (Sebi) has put in place a framework for domestic companies to raise capital by issue of so-called depository receipts (DRs). The move, which follows a budget announcement in this regard, will allow listed Indian companies to issue either equity, or debt, to...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 149

Govt working to create information system on stressed companies
Posted Date : 12-Oct-2019 , 08:28:35 am | Posted By CASANSAAR

The government is working on creating an information system to provide basic financial and other details of stressed companies to potential acquirers through the corporate insolvency process, a senior government official said. The move will help bridge the information gap faced by bidders and is exp...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 116

Demonstration of DIR 3 KYC under Companies Act
Posted Date : 11-Oct-2019 , 10:11:09 am | Posted By CASANSAAR

Demonstration of DIR 3 KYC under Companies Act (Demonstration of DIR 3 KYC by CS Reema Jain with CA Vivek Khurana)    https://youtu.be/O-r28314jjQ   Don't forget to SUBSCRIBE CA Sansaar YouTube Channel ...

Continue Reading...

Category : Companies Act | Comments : 0 | Hits : 284

Input tax credit under GST regime restricted to 20% of claims
Posted Date : 11-Oct-2019 , 10:03:16 am | Posted By CASANSAAR

Businesses will have to pursue their vendors on a monthly basis to upload their invoices to enable them to take the entire input tax credit (ITC) after the indirect tax board came out with a notification to restrict these credits to 20 per cent of the claims. Concerned at dwindling revenues, the ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 1142

HC asks IT department to refund Vodafone Idea’s Rs.374.26 Cr withheld for a TDS mismatch of Rs.1
Posted Date : 11-Oct-2019 , 10:01:09 am | Posted By CASANSAAR

In a major relief for Vodafone Idea Limited, the Bombay high court last week directed the income-tax department to refund in two weeks ₹374.26 crore, which was withheld for about a year over a TDS (tax deducted at source) mismatch of ₹1, to the company. The telecom major had filed two separat...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 354

Govt sets up committee to look into GST revenue shortfall
Posted Date : 11-Oct-2019 , 09:44:42 am | Posted By CASANSAAR

The government on Thursday set up a high-level committee of officers to look into revenue shortfall being faced by the states and suggest measures for augmenting collections, according to an official statement. "The committee of officers from the centre and the states is required to suggest ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 495

News By Categories

More Categories

Search News

 
 
 

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

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  GST Calculator

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.