ICAI submits suggestions on Reconciliation Statement & Certificate in Form GST GSTR 9C to FM
The Indirect Tax Committee of ICAI have submitted 10 point detailed suggestions on Reconciliation Statement & Certificate in Form GST GSTR 9C to Finance Minister…

ICAI Elections - LIVE WIRC COUNTING UPDATE 2018
21st December 2018- 08.20 AM
Good Morning Friends!
Be ready for Regional council counting from 9.30 AM onward today, we will get the 1st preference trend by 2 PM.
In the interim prepared this analysis of statewise/…

Summary of all Decisions/ Recommendations in 31st Meeting of the GST Council held on 22nd December, 2018
31st meeting of GST Council was held on 22nd December, 2018 at New Delhi took many decisions as to simplification and rationalization of GST which is…

ICAI extends mandatory UDIN applicability by One month to 1st February 2019
ICAI have made an announcement as below regarding mandatory applicability of UDIN:
As you are aware that to secure the certificates/documents attested/certified by practicing Chartered…

CBIC has released Updated Compilation of Frequently Asked questions (FAQs) on GST (English Edition: Dec. 2018), which is helpful in disseminating knowledge and awareness on GST law, i.e. CGST, IGST, UTGST, SGST, etc. among Tax officials, Businessman, Academicians…

ICAI WIRC Election 2018- CCM & RCM Counting Interesting Final Statistics
The Election to 24th Central council and 23rd Regional Council of ICAI concluded with the counting spread over a week. While i have given the statistics with reference to voting, i have…

RBI releases guidelines on restructuring of advances to GST Registered MSMEs
 
 
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment…

ICAI issues notice to editor of Gujarat Mitra over derogatory article against CA Profession
ICAI have issued a notice to The Editor, Gujarat Mitra ,Surat on 27th December 2018 over an news item containing the words that “All the Chartered Accountants prefer…

Cabinet approves expenditure sanction for Integrated E-filing and Centralized Processing Centre 2.0 Project  
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated…

CBIC issues 13 Notifications on 29th January 2018 which includes the following- 1. notifications to specify that Reverse Charge Mechanism on