Govt may raise up to Rs 10,000 Cr via tax-free bonds
Posted Date : 02-May-2020 , 11:10:06 am | Posted By CASANSAAR
The government is seeking to raise up to Rs 10,000 crore in its maiden tax-free bond issue to help bridge the fiscal gap, which is set to widen in the aftermath of Covid-19-induced economic disruptions and low tax collections.
The finance ministry has begun negotiations with bankers on a likely t...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1914
|
 |
Govt defers release of April GST collection data
Posted Date : 02-May-2020 , 11:02:34 am | Posted By CASANSAAR
The government on Friday deferred the release of April GST revenue collection data due to the ongoing lockdown, sources said. The government had last month extended the deadline to file GST returns for March to May 5, from April 20.
As per convention, the government releases GST revenue collectio...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2544
|
|
CS exams at all levels slated from June 1 to 10 postponed
Posted Date : 01-May-2020 , 10:41:43 am | Posted By CASANSAAR
In view of Covid-19 pandemic and subsequent lockdown, the Institute of Company Secretaries of India (ICSI), on Thursday decided to postpone its examinations for the June 2020 session at all levels.
In a circular issued on April 30, the ICSI said after due consideration of the prevalent situation ...
Continue Reading...
Category :
CS Exams |
Comments :
0 | Hits : 3216
|
|
EPFO makes filing of ECR easier for business
Posted Date : 01-May-2020 , 10:30:23 am | Posted By CASANSAAR
In the current scenario of lockdown announced by the Govt. to control the spread of COVID-19 pandemic and other disruptions, the businesses and enterprises are not able to function normally and are facing liquidity / cash crunch to pay their statutory dues even though they are retaining th...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 775
|
|
Webinars on A B C D - A-Artificial Intelligence | B-Block Chain | C-Cyber Fraud | D-Data Analytics
Posted Date : 30-Apr-2020 , 05:17:10 pm | Posted By CASANSAAR
Lets go to our childhood memories and Learn A B C D once again but this time in a different way.
CA Sansaar is going to organise again Webinar for Members' interest on A B C D - Learn and Earn.
A - Artificial Intelligence
B- BlockChain
C- Cyber Fraud
D - Data...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 2336
|
|
Bank Branch Audit Revised Guidelines by RBI | Bank Branch Statutory Audit
Posted Date : 29-Apr-2020 , 09:57:52 am | Posted By CASANSAAR
Revised Guidelines for Bank Branch Audits by RBI discussed by CA. Ashish Gupta. Watch this Video,,,,
https://youtu.be/JZBqRtykFRE
...
Continue Reading...
Category :
Bank Branch Audit |
Comments :
0 | Hits : 4655
|
|
Govt allows employees of IT companies to work from home till July 31
Posted Date : 29-Apr-2020 , 09:57:41 am | Posted By CASANSAAR
Employees of Information Technology (IT) companies can work from home till July 31 as government has extended the relaxation of VPN norms till the end of July. Information Technology Minister Ravi Shankar Prasad held a meeting with IT ministers from all states in which he communicated the decision.
...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 1146
|
|
Advisory on Mentioning Fees in Advertisements issued by Members - ICAI
Posted Date : 29-Apr-2020 , 09:55:23 am | Posted By CASANSAAR
Certain concerns have been raised by members as to whether it is permissible to advertise the services rendered by them, while also mentioning that Professional Fees with regard to individuals engaged in Community service would be charged lesser than what is usually charged by them/ free of charge b...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1337
|
|
RBI may appoint additional Bank Branch Auditors in case of refusal by existing
Posted Date : 28-Apr-2020 , 09:27:17 am | Posted By CASANSAAR
In case Banks face problems on account of refusal to take up assignments by the branch auditors, they can approach RBI for approval to appoint additional audit firms selected from the list of recommended audit firms made available by RBI.
RBI has given public sector banks (PSBs) some flexibility ...
Continue Reading...
Category :
Bank Branch Audit |
Comments :
0 | Hits : 4298
|
|
CBDT takes action against three IRS officers for controversial tax report
Posted Date : 28-Apr-2020 , 09:16:36 am | Posted By CASANSAAR
The Central Board of Direct Taxes (CBDT) has stripped three senior officers of their current responsibilities for allegedly breaching service rules in preparing a policy document suggesting ways to deal with the coronavirus pandemic and making it public.
CBDT has charged three Indian Revenue Serv...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1081
|
|
Franklin Templeton MF suspends six more schemes
Posted Date : 27-Apr-2020 , 10:54:57 am | Posted By CASANSAAR
Franklin Templeton MF, the troubled fund house that was forced to close six of its debt funds due to extreme liquidity in the market, has marked down six fund of funds (FoFs) managed by it with total assets of about Rs 933 crore. Since these FoFs had investments in two of the six funds which were cl...
Continue Reading...
Category :
Shares & Stock |
Comments :
0 | Hits : 1480
|
|
Online Bank Branch Statutory Audit | Bank Audit | e-Audit of Bank Branch
Posted Date : 26-Apr-2020 , 10:47:47 am | Posted By CASANSAAR
How Chartered Accountants can conduct Online Bank Branch Statutory Audit during this COVID -19 Pandemic Situation discussed by CA. Ashish Gupta also discussed on latest
RBI Circular on Interest Subvention (IS) and Prompt Repayment Incentive (PRI) for Short Term Crop Loans.
RBI/2019-20/224
FIDD.CO...
Continue Reading...
Category :
Bank Branch Audit |
Comments :
0 | Hits : 4375
|
|
IBBI excludes lockdown from resolution time frame
Posted Date : 26-Apr-2020 , 10:34:33 am | Posted By CASANSAAR
The insolvency regulator has issued notifications to exclude the lockdown period following the Covid-19 outbreak from the time frames governing corporate insolvency resolution or liquidation processes.
Introducing a special provision in the IBBI (Insolvency Resolution Process for Corporate Person...
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 1041
|
|
SEBI slaps Rs 30 lakh fine on six entities for fraudulent trade
Posted Date : 26-Apr-2020 , 10:30:09 am | Posted By CASANSAAR
Markets regulator Sebi has imposed a total penalty of Rs 30 lakhs on six individuals for indulging in fraudulent trading in the shares of Mapro Industries.
The regulator through an order levied a fine of Rs 6 lakh each on six persons Bijay Kumar Chourasia, Shyam Kanheyalal Vyas, Jyoti Jha, Mukund...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1499
|
|
Govt declares banking industry as a public utility service for six months till October 21
Posted Date : 25-Apr-2020 , 10:27:09 am | Posted By CASANSAAR
Government has declared banking industry as a public utility service for six months till October 21 under the provisions of the Industrial Disputes Act.
Bringing banking services under the provisions of this Act means that the banking sector would not see any strikes by employees or officers duri...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 1577
|
|
Companies Fresh Start Scheme | LLP Settlement Scheme | CFSS 2020
Posted Date : 25-Apr-2020 , 10:17:55 am | Posted By CASANSAAR
Companies Fresh Start Scheme 2020 and LLP Settlement Scheme 2020 discussed by Adv.(CA) Arun Saxena,.,.,
https://youtu.be/oRJpkPCaXYg
...
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 687
|
|
RBI allows banks to issue electronic cards for overdraft accounts
Posted Date : 25-Apr-2020 , 10:14:55 am | Posted By CASANSAAR
Reserve Bank of India permitted banks to issue electronic cards to persons having overdraft accounts that are only in the nature of personal loan without any specific end-use restrictions.
Banks, as per the central bank's July 2015 directions, were permitted to issue debit cards to customers ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1310
|
|
MHA allows reopening of all shops excluding malls in non-hotspot areas
Posted Date : 25-Apr-2020 , 09:48:39 am | Posted By CASANSAAR
Ministry of Home Affairs allowing certain categories of shops registered under the Shops and Establishment Act to open. The order said that shops in market complexes outside municipal corporation and municipality limits, are exempt from revised consolidated lockdown restrictions.
The government a...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 986
|
|
Invitation for Public Comments on Draft Valuers Bill, 2020
Posted Date : 25-Apr-2020 , 09:40:02 am | Posted By CASANSAAR
Government of India
Ministry of Corporate Affairs
(PI Section)
Invitation for Public Comments on Draft Valuers Bill, 2020
Ministry of Corporate Affairs had constituted a...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1240
|
|
Search and Seizure under Income Tax
Posted Date : 24-Apr-2020 , 10:57:10 am | Posted By CASANSAAR
Law Relating to Search and Seizure under Income Tax Explained by Dr.(CA) Rakesh Gupta, Ex Member - ITAT (Income Tax Appellate Tribunal).
https://youtu.be/16zBYHC68Ks
...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 838
|
|
SEBI relaxes valuation norms for mutual funds
Posted Date : 24-Apr-2020 , 10:57:01 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) on Thursday relaxed valuation norms on money and debt market instruments held by mutual funds in the wake of the loan moratorium for companies by the Reserve Bank of India on account of the business disruptions caused by the ongoing lockdown.
The ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 772
|
|
MCA extends period for filing of names for companies and re-submission of forms
Posted Date : 24-Apr-2020 , 10:55:47 am | Posted By CASANSAAR
MCA extends period for filing of names for companies and re-submission of forms....
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 786
|
|
GST PMT 09 Live on GST Portal | File GST PMT-09
Posted Date : 23-Apr-2020 , 10:27:02 am | Posted By CASANSAAR
GST portal update Form PMT-09 is live on GST Portal. How taxpayer can transfer cash balance under one head to another head explained by CA. Mansi Vohra..
https://youtu.be/5Z-051O07Tw
...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2068
|
|
MCA allows companies to hold first AGM before September 30
Posted Date : 23-Apr-2020 , 10:15:49 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) allowed companies whose financial year ended in December, to hold their first Annual General Meeting (AGMs) within the first nine months of their current fiscal or September 30, without it being viewed as a violation under the Companies Act.
The relaxation ...
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 806
|
|
Bank Audit using Excel | Excel Tips and Tricks for Bank Audit - Part 2
Posted Date : 22-Apr-2020 , 10:24:07 am | Posted By CASANSAAR
How Excel can help in doing Bank Audits | Excel Tips and Tricks for Bank Audit - Part 2 discussed by CA. Deepak Garg. Watch the Video,,,.,
https://youtu.be/gHGTRzaEhdM
Dont Forget to Subscribe CA Sansaar YouTube Channel.
...
Continue Reading...
Category :
Bank Branch Audit |
Comments :
0 | Hits : 1924
|
|
RBI asks banks to extend all benefits announced by govt pertaining to short-term crop loans to farmers
Posted Date : 22-Apr-2020 , 10:22:18 am | Posted By CASANSAAR
The Reserve Bank of India has asked banks to extend the benefit of interest subvention (IS) and prompt repayment incentive (PRI) for short-term crop loans to farmers till 31st May, 2020. In a notification, RBI said, it has observed that many farmers are not able to travel to bank branches for paymen...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1224
|
|
Emails to taxpayers for tax refund should not be misconstrued - CBDT
Posted Date : 22-Apr-2020 , 10:19:28 am | Posted By CASANSAAR
The Central Board of Direct Taxes, CBDT, today refuted rumours circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups. CBDT stated these observations completely unfounded and...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1215
|
|
SEBI eases fund raising norms for share sales, rights issues
Posted Date : 22-Apr-2020 , 10:16:27 am | Posted By CASANSAAR
India’s markets regulator on Tuesday said it has granted a one-time relaxation in its primary market fund-raising norms to make it easier for companies to raise capital amid the covid-19 pandemic.
The Securities and Exchange Board of India (Sebi) has extended its period of approval for init...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 970
|
|
Amendments in TDS Provisions by Finance Act 2020 | Changes in TDS Provisions
Posted Date : 21-Apr-2020 , 11:09:58 am | Posted By CASANSAAR
Amendments in TDS Provisions by Finance Act 2020 discussed by CA.Saloni Varshney. Watch the Video,,,,
https://youtu.be/LUcxlQUSc4I
...
Continue Reading...
Category :
TDS |
Comments :
0 | Hits : 1399
|
|
SEBI extends trading curbs to contain market volatility till May end
Posted Date : 21-Apr-2020 , 11:09:44 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) on Monday said the measures aimed at containing the wild swings in stock prices would continue till the end of next month.
On March 20, the markets regulator had imposed temporary restrictions on short-selling, increased margin requirements, and h...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 939
|
|
|
