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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : International Business

Chartered Accountants from UK, Canada might be allowed to Practice in India - ICAI
Posted Date : 22-Feb-2024 , 09:15:15 am | Posted By CASANSAAR

Chartered accountants from the UK and Canada might be allowed to practice in India on a reciprocal basis, with the apex body ICAI making the proposal to the Government. ICAI President Ranjeet Kumar Agarwal, on February 21, said the proposal will be implemented strictly on the reciprocal basis tha...

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Category : International Business | Comments : 0 | Hits : 1976

Credit Card holders may have to file declaration with banks for TCS Levy
Posted Date : 21-Jun-2023 , 09:30:00 pm | Posted By CASANSAAR

The tax department is considering a proposal under which credit card holders will have to file a declaration with the issuer entity within a stipulated time, specifying the nature of expenses incurred in foreign currency for the purpose of TCS levy, sources said. The I-T department is in talks wi...

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Category : International Business | Comments : 0 | Hits : 665

Annual Forex Spends up to Rs.7 lakh Exempted from TCS
Posted Date : 20-May-2023 , 08:29:24 am | Posted By CASANSAAR

Concerns have been raised about the applicability of Tax Collection at Source (TCS) to small transactions under the Liberalized Remittance Scheme (LRS) from July 1, 2023. To avoid any procedural ambiguity, it has been decided that any payments by an individual using their international Debit or Cred...

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Category : International Business | Comments : 0 | Hits : 419

20% TCS to be charged on Credit Card spends outside India
Posted Date : 19-May-2023 , 09:41:02 am | Posted By CASANSAAR

The ministry on May 16 notified the Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023, to include international credit card payments in the LRS. Any remittance beyond USD 2.5 lakh or its equivalent in foreign currency would require approval from the RBI. Earlier, ...

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Category : International Business | Comments : 0 | Hits : 445

CANADA to resume Express Entry invitations to FSWP and CEC in July 2022
Posted Date : 28-Apr-2022 , 08:34:05 am | Posted By CASANSAAR

Canada’s immigration minister Sean Fraser has announced Express Entry invitations to FSWP and CEC candidates will resume by “early July 2022” The vast majority of new Express Entry applications will be processed within the six-month service standard. According to IRCC, current...

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Category : International Business | Comments : 0 | Hits : 1204

Canada's PNP issued over 3400 invitation for PR in the month of August
Posted Date : 02-Sep-2021 , 10:48:51 am | Posted By CASANSAAR

Canada’s Provincial Nominee Programs (PNP) issued over 3,400 invitations to apply for provincial nomination during the month of August. Canada’s Provincial Nominee Programs (PNP) issued over 3,400 invitations to apply for provincial nomination during the month of August 2021. Major Pr...

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Category : International Business | Comments : 0 | Hits : 2260

Canada invites 27,332 immigration candidates in historic Saturday draw
Posted Date : 15-Feb-2021 , 09:51:11 am | Posted By CASANSAAR

Canada invited 27,332 candidates to apply for permanent residence in its latest Express Entry draw. Immigration, Refugee and Citizenship Canada (IRCC) invited candidates from the Canadian Experience Class (CEC) on February 13. This unprecedented Express Entry invitation round only required candid...

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Category : International Business | Comments : 0 | Hits : 591

Canada sent another 5,000 invitations for PR
Posted Date : 11-Dec-2020 , 09:50:41 am | Posted By CASANSAAR

Canada has invited 5,000 immigration candidates to apply for permanent residence in a new Express Entry draw held on December 9. Invited candidates needed a Comprehensive Ranking System (CRS) score of at least 469 in order to be invited. This draw brings the number of Invitations to Apply (ITA...

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Category : International Business | Comments : 0 | Hits : 939

Canada sent 5,000 invitations for PR
Posted Date : 27-Nov-2020 , 08:17:10 am | Posted By CASANSAAR

Canada sent 5,000 invitations for PR. Canada is on track to surpass 100,000 ITAs issued in 2020, the most ever in one year. The Express Entry cutoff score dipped below 470 for the first time in an all-program draw this year. Candidates needed a Comprehensive Ranking System (CRS) score of at le...

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Category : International Business | Comments : 0 | Hits : 2019

Canada visa application centres to reopen on Nov. 25, 2020
Posted Date : 21-Nov-2020 , 09:46:45 am | Posted By CASANSAAR

Canada visa applicants who have submitted online applications for family class priority—spouses, partners and children category—can enroll biometrics at the Canada Visa Applications Centres in six cities from November 25, it was announced by VFS Global on Friday.   The cities are ...

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Category : International Business | Comments : 0 | Hits : 581

Canada to invite more immigrants, offer PR status to 4 lakh every year
Posted Date : 17-Nov-2020 , 10:27:08 am | Posted By CASANSAAR

Canada wants to invite more immigrants into the country, much higher than the current levels. Just like all other nations, Canada has also been hit hard due to the pandemic. To recover from the Covid-19 crisis, the Canadian government plans to invite 4 lakh new permanent residents to the country eac...

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Category : International Business | Comments : 0 | Hits : 995

Canada issues 4500 invitations under Express Entry for PR
Posted Date : 06-Nov-2020 , 10:48:28 am | Posted By CASANSAAR

Canada held its latest Express Entry draw on November 5. A total of 4,500 invitations went to Express Entry candidates with a minimum Comprehensive Ranking System (CRS) score requirement of 478. French-speaking candidates are eligible for more CRS points in this draw. Recently, Immigration, Re...

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Category : International Business | Comments : 0 | Hits : 3241

Govt proposes to amend FCRA, to make Aadhaar mandatory for foreign contribution
Posted Date : 21-Sep-2020 , 09:32:05 am | Posted By CASANSAAR

The government on Sunday sought to make provisions of the Foreign Contribution Regulation Act (FCRA), 2011 more stringent through a bill that proposes to include “public servants” in the prohibited category, decrease administrative expenses through foreign funds by an organisation to 20%...

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Category : International Business | Comments : 0 | Hits : 437

British Columbia issues 407 invitations in new PNP draw
Posted Date : 18-Sep-2020 , 10:01:55 am | Posted By CASANSAAR

British Columbia invited 407 immigration candidates through a provincial nominee program draw held on September 15, 2020. The new invitations went to candidates from the Skills Immigration (SI) and Express Entry BC (EEBC) streams, specifically the Skilled Worker, International Graduate as well as...

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Category : International Business | Comments : 0 | Hits : 286

Canada issues another 4,200 ITAs for PR
Posted Date : 17-Sep-2020 , 10:15:28 am | Posted By CASANSAAR

The Government of Canada issued 4,200 invitations to apply for Canadian Permanent Residence to Express Entry candidates in a draw held on September 16. The new Express Entry round issued invitations to candidates with Comprehensive Ranking System (CRS) scores of 472. This is three points less tha...

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Category : International Business | Comments : 0 | Hits : 377

Manitoba PNP invites 212 candidates to apply for nomination
Posted Date : 12-Sep-2020 , 10:33:37 am | Posted By CASANSAAR

“Friendly Manitoba” has held another invitation round, inviting 212 immigration candidates to apply for a provincial nomination for permanent residence on September 10. The Manitoba Provincial Nominee Program (MPNP) invited skilled workers and international student graduates through t...

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Category : International Business | Comments : 0 | Hits : 480

Canada invites 4,200 immigration candidates for PR
Posted Date : 05-Sep-2020 , 09:44:30 am | Posted By CASANSAAR

The Government of Canada issued 4,200 invitations to apply for Canadian permanent residence to Express Entry candidates in a draw held September 2. Federal Skilled Worker Program candidates were among today’s successful candidates. The latest Express Entry draw was the third all-program dra...

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Category : International Business | Comments : 0 | Hits : 918

Canada issues 600 invitations to apply for Permanent Residence
Posted Date : 20-Aug-2020 , 10:31:20 am | Posted By CASANSAAR

Canada held its 160th Express Entry draw, inviting immigration candidates to apply for permanent residence on August 19. Canada invited PNP candidates in its latest Express Entry draw The new Express Entry round issued 600 invitations to candidates with Comprehensive Ranking System (CRS) scores o...

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Category : International Business | Comments : 0 | Hits : 428

Canada issued 3900 Invitations to Apply (ITAs) for PR.
Posted Date : 06-Aug-2020 , 09:33:28 am | Posted By CASANSAAR

Canada has held another all-program draw, inviting Express Entry candidates to apply for permanent residence. Canada issued 3,900 Invitations to Apply (ITAs) for permanent residence in a draw held August 5. Candidates needed a Comprehensive Ranking System (CRS) score of at least 476 to be invited...

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Category : International Business | Comments : 0 | Hits : 877

Govt extends ban on international flights till August 31
Posted Date : 01-Aug-2020 , 09:33:08 am | Posted By CASANSAAR

The Government has extended the ban on international flights till 31st of August amid the coronavirus pandemic. However, this restriction will not be applicable for international all-cargo operations and flights specifically approved by the DGCA. India had first suspended international flights on...

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Category : International Business | Comments : 0 | Hits : 291

Canada has resumed all-program Express Entry draws
Posted Date : 11-Jul-2020 , 10:16:45 am | Posted By CASANSAAR

Canada has resumed all-program Express Entry draws and is now issuing invitations to apply to Federal Skilled Worker Program (FSWP) candidates. Canada’s first all-program Express Entry draw since March 4 has issued 3,900 invitations to apply (ITAs) for permanent residence. Candidates needed...

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Category : International Business | Comments : 0 | Hits : 319

US Senate passes bill to delist Chinese companies from exchanges
Posted Date : 22-May-2020 , 09:44:09 am | Posted By CASANSAAR

The Senate overwhelmingly approved legislation on Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd and Baidu Inc being barred from listing on US stock exchanges amid increasingly tense relations between the world’s two largest economies. The bill, introduced ...

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Category : International Business | Comments : 0 | Hits : 274

Series of Webinar for PM Cares Fund - Not on Zoom
Posted Date : 19-Apr-2020 , 12:29:40 pm | Posted By CASANSAAR

On the Request of Members,,,, CA Sansaar is going to organise again Series of Webinar for Members' interest and also for the PM Cares Fund.   Seminar Participation Fees :- Pay Any Amount as per your discretion to PM Cares Fund. (Rs.21/-, Rs.51/- or Rs.101/-) ...

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Category : International Business | Comments : 0 | Hits : 433

Firm, individual from country sharing border with India can invest only after govt approval - DPIIT
Posted Date : 19-Apr-2020 , 10:21:03 am | Posted By CASANSAAR

A company or an individual from a country that shares land border with India can invest in any sector here only after getting government approval, according to DPIIT. The decision, which is likely to impact foreign investments from countries like China, has been taken to curb "opportunistic ...

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Category : International Business | Comments : 0 | Hits : 315

Minimum CRS score drops to 464 in Express Entry draw for CANADA PR
Posted Date : 10-Apr-2020 , 10:58:18 am | Posted By CASANSAAR

A second Express Entry draw took place on Thursday, April 9, where a total of 3,294 invitations to apply for Canadian permanent residence were issued to Canadian Experience Class candidates with ranking scores of 464 and above. This rare second draw within the same day saw the lowest minimum CRS ...

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Category : International Business | Comments : 0 | Hits : 1141

Canada invites 668 Express Entry candidates to apply for PR
Posted Date : 21-Mar-2020 , 10:26:23 am | Posted By CASANSAAR

The Government of Canada has released the details of this week’s Express Entry draw, inviting 668 candidates to apply for permanent residence. Invitations were received on March 18, however official details of the draw were released today, March 20. This draw brings the total number of invi...

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Category : International Business | Comments : 0 | Hits : 991

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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Category : International Business | Comments : 0 | Hits : 2077

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 | Comments : 0 | Hits : 284

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 | Comments : 0 | Hits : 589

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 | Comments : 0 | Hits : 356

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