*ICAI has approached to various Regulators - Requesting for relaxation in statutory filings/audit and other compliances by 60 days due to Pandemic Coronavirus - (12-04-2020)*
https://www.icai.org/new_post.html?post_id=16440&c_id=240
https://www.icai.org/new_post.html?post_id=16440&c_id=240
ICAI
ICAI - The Institute of Chartered Accountants of India
ICAI - The Institute of Chartered Accountants of India set up by an act of parliament. ICAI is established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949)
ICAI allows Use of Electronic Signature for Signing Audit Reports and Certificates
https://t.co/ToBN3d5Aig
https://t.co/ToBN3d5Aig
BCA Journal Survey: This form seeks to survey financial impact on CA firms due to Corona Virus lock down. Survey results without any specific details as to person, firm or emails will be published or used in an article for the benefit of larger readership. Ideally one person from an entity should answer. Estimated time for taking survey: Less than 3 minutes.
https://forms.gle/i1MmFtQAQT38SaRy7
https://forms.gle/i1MmFtQAQT38SaRy7
Google Docs
Impact on CA firms - BCA Journal Survey
This form seeks to survey financial impact on CA firms due to Corona Virus lock down. Survey results without any specific details as to person, firm or emails will be published or used in an article for the benefit of larger readership. Ideally one person…
*CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19*
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1616035#.XpwmsuVosAl.whatsapp
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1616035#.XpwmsuVosAl.whatsapp
pib.gov.in
CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19
In order to enable income taxpayers to avail full benefits of various timeline extensions granted by
Today 4.30 pm pl join webinar with Hon. Nitin Gadkari Minister for Road Transport, MSME and Hon.Shripad Naik MOS AYUUSH Ministry also Sp Session on Personal Branding by Ms Asha Kaul IIM join free click http://ecpl.live/icai/newindia/
WIRC has published a ‘*Guide to Working From Home for Professionals*’.
http://online.anyflip.com/qpeq/ukbu/mobile/index.html
http://online.anyflip.com/qpeq/ukbu/mobile/index.html
anyflip
GUIDE TO WORKING FROM HOME FOR EVERY PROFESSIONAL
The operational details of the Emergency Credit Line Guarantee Scheme (ECLGS) have been released under the 3lac crore relief package announced for MSMEs.
Business Enterprises / MSME borrower accounts which had NPA or SMA-2 status as on 29.2.2020 shall not be eligible under the Scheme.
Business Enterprises / MSME borrower accounts which had NPA or SMA-2 status as on 29.2.2020 shall not be eligible under the Scheme.
ECLGS - Operational Guidelines.pdf
647 KB
Emailing ECLGS - Operational Guidelines.pdf
Press Note - Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting.
Big News
Big News
*Unlock*
*We are starting to end the lock down , offices have opened , will be opening in rest part with effect from 8th June 2020*
Few things which we can follow are as under :
1) Offices have been locked since 3 months now. It is better to get them fumigated/and pest controlled because there will be dust, bacterias . Many agencies doing this. Work from Home is still the key and is advisable as far as possible.
2) Our computers and Files can be a big source of Infection, very important to sanitize/fumigate them before use and do so continuously hereafter.
3) Avoid calling any client as far as possible to the your office, most of them have computers and scanners , they can easily send you the data online.
4) Keep track of whom and your staff have you have visited , came in contact daily in a diary. This is the key and very important aspect as contact tracing is main tool in fight against corona.
5) Follow all the rules prescribed by govt.
6) ICAI have issued guidelines of reporting , points for consideration while auditing wrt COVID crisis. Refer them. Disclaimers and Disclosures are key this year.
All the best. Take Care to defeat Corona. We will succeed together. 🙏🇮🇳
*We are starting to end the lock down , offices have opened , will be opening in rest part with effect from 8th June 2020*
Few things which we can follow are as under :
1) Offices have been locked since 3 months now. It is better to get them fumigated/and pest controlled because there will be dust, bacterias . Many agencies doing this. Work from Home is still the key and is advisable as far as possible.
2) Our computers and Files can be a big source of Infection, very important to sanitize/fumigate them before use and do so continuously hereafter.
3) Avoid calling any client as far as possible to the your office, most of them have computers and scanners , they can easily send you the data online.
4) Keep track of whom and your staff have you have visited , came in contact daily in a diary. This is the key and very important aspect as contact tracing is main tool in fight against corona.
5) Follow all the rules prescribed by govt.
6) ICAI have issued guidelines of reporting , points for consideration while auditing wrt COVID crisis. Refer them. Disclaimers and Disclosures are key this year.
All the best. Take Care to defeat Corona. We will succeed together. 🙏🇮🇳
Here is a summary of all relaxed date of filing GST returns for different class of persons without late fees /interest or with reduced late fees / interest.
💠 71 glorious years of ICAI 💠
The profession have built itself from strength to strength and is now 2nd largest accounting body in the world and probably the largest administered by parliament of a country.
India now have nearly 3,25,000 CAs successfully catering to the requirements of various stakeholders within and outside country.
In coming few years ICAI will be largest accounting body in the world catering to most populous country. The role and dimension of profession of Chartered Accountancy will continue to change and provide many avenues other than the traditional areas in the era of robotics and Artificial Intelligence.
Let's build a stronger ICAI and stronger India.
Jai Hind. Long Live ICAI 🇮🇳
Happy CA Day. 👏
The profession have built itself from strength to strength and is now 2nd largest accounting body in the world and probably the largest administered by parliament of a country.
India now have nearly 3,25,000 CAs successfully catering to the requirements of various stakeholders within and outside country.
In coming few years ICAI will be largest accounting body in the world catering to most populous country. The role and dimension of profession of Chartered Accountancy will continue to change and provide many avenues other than the traditional areas in the era of robotics and Artificial Intelligence.
Let's build a stronger ICAI and stronger India.
Jai Hind. Long Live ICAI 🇮🇳
Happy CA Day. 👏
Good schemes of Term Loan by ICAI for CA members both in practice and employment at subsidised interest rates and charges.