Canada to welcome One Million immigrants over next 3 years
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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International Business |
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RBI issues new rules for Debit / Credit Cards
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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RBI |
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Outcomes of 39th GST Council Meeting | Updates of 39th GST Council Meeting
Posted Date : 15-Mar-2020 , 09:22:35 am | Posted By CASANSAAR
Updates of 39th GST Council Meeting explained by CA. Hajela.
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https://youtu.be/bWRjwsCw3vA...
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GST |
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0 | Hits : 962
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Vivad Se Vishwas Scheme Eligibility
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.
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https://youtu.be/RORU_GTvK00
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Income Tax |
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RBI issues guidelines for Ind AS implementation by NBFCs, ARCs
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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RBI |
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ITC frauds under GST rise 170% in just nine months of FY20
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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GST |
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Cabinet approves reconstruction scheme for Yes Bank
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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Banking |
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Parliament passes Vivad Se Vishwas Bill for settlement of Direct Tax disputes
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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Income Tax |
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0 | Hits : 1947
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Govt. approves Rs 7,660 crore green highway project in four states including UP
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 ...
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Category :
General |
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e-Invoicing Process under GST
Posted Date : 13-Mar-2020 , 03:29:14 pm | Posted By CASANSAAR
e-Invoicing Process under GST explained by Mr. Gaurav Mohan.
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https://www.youtube.com/watch?v=3x1giycA-eA
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Category :
GST |
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0 | Hits : 1887
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Manitoba invites 222 candidates in Provincial draw
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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Category :
International Business |
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0 | Hits : 756
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Finance Minister reviews amalgamation of public sector banks
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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Category :
Banking |
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0 | Hits : 873
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WHO declares novel Coronavirus outbreak a controllable pandemic
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...
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General |
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0 | Hits : 846
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Parliament passes amendments to IBC.
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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Category :
Corporate Law |
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Sexual harassment at workplace is affront to rights of woman - SC
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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General |
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0 | Hits : 943
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Alberta invites Express Entry candidates with CRS scores of 300
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 ...
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Category :
International Business |
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0 | Hits : 1075
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GST Council may correct rate anomaly on March 14
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...
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GST |
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0 | Hits : 765
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Gujarat HC issues notices to Centre, GST Council over surcharge imposition
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...
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Category :
Income Tax |
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0 | Hits : 723
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Two directors of exporting companies arrested for fraudulently claiming GST refund
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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Category :
GST |
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0 | Hits : 2556
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POSH - Prevention of Sexual Harassment
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.
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https://youtu.be/KpYM2Cf59SQ
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Category :
General |
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SEBI's new reforms to help identify charge in NBFC defaults
Posted Date : 09-Mar-2020 , 09:34:15 am | Posted By CASANSAAR
A spate of defaults by some NBFCs has forced capital markets regulator Sebi to come out with a new set of measures to secure the interest of debenture holders and shore up their confidence in the regulatory mechanism to check any wrongdoings.
In a new consultation paper, the Securities and Exchan...
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SEBI |
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0 | Hits : 1037
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Three Infosys employees held for taking bribes from taxpayers
Posted Date : 09-Mar-2020 , 09:19:48 am | Posted By CASANSAAR
Three Infosys employees, attached to the Income Tax department's Centralised Processing Centre here, were arrested for allegedly taking bribes from taxpayers for speedy processing of their refund, police said on Sunday.
According to police, the key accused among the three was attached to the ...
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Category :
Income Tax |
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DGGI (Hqrs.) registered a case for fraudulently claiming IGST refunds on export of goods
Posted Date : 07-Mar-2020 , 03:26:03 pm | Posted By CASANSAAR
DGGI (Hqrs.) booked a case on 06.03.2020 against M/s Aastha Apparels Pvt Ltd & others. Aforesaid companies have fraudulently claimed IGST refunds on export of goods to the tune of more than Rs. 61 Crores.
It has been revealed that ITC has been fraudulently availed by M/s Aastha Apparels Pvt L...
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Category :
GST |
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0 | Hits : 1651
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Lok Sabha passes IBC (Amendment) Bill 2020
Posted Date : 07-Mar-2020 , 08:27:02 am | Posted By CASANSAAR
The Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019, by voice vote.
Aimed at easing the insolvency resolution process, the Bill was introduced in the house by Finance Minister Nirmala Sitharaman on December 12, last year. After having been scrutinized b...
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Category :
Insolvent Professional |
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0 | Hits : 1070
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Comparison between Old & New Income Tax Regime
Posted Date : 07-Mar-2020 , 08:22:00 am | Posted By CASANSAAR
Comparison between Old & New Income Tax Regime | New Income Tax Rates explained by CA. Bhanu Priya.
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https://youtu.be/vonnPTdtD74
...
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Category :
Income Tax |
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0 | Hits : 957
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IBC provides lifeline for distressed companies: Sahoo
Posted Date : 06-Mar-2020 , 06:24:59 pm | Posted By CASANSAAR
The insolvency law provides a new lifeline for stressed companies to save them from premature death, IBBI Chairman M S Sahoo said on Friday.
The Insolvency and Bankruptcy Code (IBC) provides for a time-bound and market-linked resolution of stressed assets.
Speaking at an event here, Sahoo said t...
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Category :
Insolvent Professional |
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0 | Hits : 686
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New Express Entry draw sees another 3,900 candidates invited to apply for Canadian PR
Posted Date : 06-Mar-2020 , 10:48:57 am | Posted By CASANSAAR
Canada held a new invitation round through the Express Entry system. A total of 3,900 candidates were issued invitations this round, with a Comprehensive Ranking System (CRS) score requirement of 471.
The cut-off score of 471 is an increase of one point over the previous draw on February 19, whic...
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Category :
International Business |
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0 | Hits : 873
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SEBI launches app for lodging investor grievances
Posted Date : 06-Mar-2020 , 10:02:39 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) on Thursday launched a mobile application for lodging investor grievances.
The app -- Sebi SCORES -- in an effort to improve the ease of doing business so that investors can conveniently lodge their grievances in Sebi Complaints Redress System (SC...
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SEBI |
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0 | Hits : 728
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Govt imposes withdrawal limit of Rs 50,000 for depositors of Yes Bank for a month
Posted Date : 06-Mar-2020 , 09:53:19 am | Posted By CASANSAAR
The government has imposed a withdrawal limit of 50,000 rupees for depositors of beleaguered private lender Yes Bank for one month. An official notification issued by the finance ministry said that the cap will stay in effect till 3rd of April. The limit on withdrawal comes with a few exemptions, in...
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Banking |
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0 | Hits : 769
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Bombay HC Dismisses Chanda Kochhar challenge to sacking as ICICI Bank CEO
Posted Date : 05-Mar-2020 , 08:59:04 pm | Posted By CASANSAAR
The Bombay High Court on Thursday dismissed a petition filed by Chanda Kochhar against her termination as managing director and CEO of the ICICI Bank, noting the dispute arises from a contract of personal service.
A division bench of Justices NM Jamdar and MS Karnik accepted the bank's conten...
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Banking |
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