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Income Tax Department searched premises of Chinese entities
Ministry of FinancePosted On: 11 AUG 2020Based on the credible information that few Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through se...
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8701 Faceless e-Assessment completed without any additions
Ministry of FinanceA brief note about the Press Conference addressed by Pr. Chief Commissioner of Income Tax, Ahmedabad Shri Pritam Singh on Faceless Assessment Scheme, 2019.Posted On: 03 AUG 2020 5:4...
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Launching Platform For Transparent Taxation- Honoring The Honest By PM Shri Narendra Modi
Prime Minister Narendra Modi will launch the platform for ‘Transparent Taxation – Honoring the Honest’ on 13/08/2020 via Video Conferencing. Govt. has taken several measures from reducing tax rates to...
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PM launches platform for ‘Transparent Taxation – Honoring the Honest’
Press Information BureauGovernment of IndiaPrime Minister’s Office12-August-2020 09:15 ISTPrime Minister will launch the platform for “Transparent Taxation – Honoring the Honest” via video conferencin...
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Income Tax scrutiny reduced drastically over the years: MOF
Ministry of Finance Income Tax Returns( ITR) scrutiny reduced to 0.25% in AY 2018-19IT Dept is changing -from just enforcement to facilitating better taxpayer services. No. of cases selected for scrut...
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IT Department hopes to complete all Faceless e-Assessments by mid-September
Ministry of FinanceIT Department hopes to complete all Faceless e-Assessments by mid-SeptemberPosted On: 04 AUG 2020 3:07PM by PIB MumbaiMumbai : August 4, 20203,130 tax personnel, including 600 IT of...
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Postponement of Deadline Fine Income Returns Till September 30
Instead of July 31,2020!1. Introduction:The Central Board of Direct Taxes has once again, relieved the taxpayers from going into an unnecessary hassle for submitting their ITR returns and saving them...
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ITR 1, 2, 3 & 4 for AY 2020-21 are available for e-Filing
ITR 1, ITR 2, ITR 3 & ITR 4 for AY 2020-21 are available for e-Filing. Other ITRs will be available shortly.Please read the instruction given above before start downloading and using the ITR utility f...
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Guidelines for international arrivals wef 8th August 2020
Government of IndiaMinistry of Health and Family WelfareGuidelines for international arrivals(in supersession of guidelines issued on the subject dated 24th May 2020)(to be operational from 00.01 Hrs,...
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National Education Policy 2020
National EducationPolicy 2020Ministry of HumanResource DevelopmentGovernment of IndiaChapterContents IntroductionPART I. SCHOOL EDUCATION1Early Childhood Care and Education: The Foundation of Learning...
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Four more States/UTs linked with One Nation One Ration Card scheme today
Ministry of Consumer Affairs, Food & Public DistributionAbout 80% of total NFSA population now enabled to receive food grains in these 24 States/UTs through national portability of ration cardsPosted...
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ICAI President’s Message – August 2020
Dear Professional Colleagues,The mammoth world with all its beautiful bounties, geographical riches, scientific innovations, exotic cultures and vast army of extraordinary human capital is one large f...
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Shri Girish Chandra Murmu Takes over as C&AG of India
Ministry of FinanceShri G C Murmu Takes over as C&AG of IndiaPosted On: 08 AUG 2020 4:21PM by PIB DelhiShri Girish Chandra Murmu assumed office as the Comptroller and Auditor General of India here tod...
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5 Important decisions taken by ICSI Council on 30th July, 2020
THE INSTITUTION OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of Parliament(Under the jurisdiction of Ministry of corporate Affairs)ICSI/ID/10/20205thA...
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ICAI clarifies on news item on use of ICAI acronym
THE INSTITUTION OF CHARTERED ACCOUNTANTS OF INDIALTE/PRC/ 2020 Chn-9July 26, 2020The EditorThe Times of IndiaChennaiDear Sir,We have come across a News Item dated 26.07.2020 in the Times of India, (Ch...
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ICAI Launches 2 New Chapters & 12 Representative Offices
Public Relations CommitteeThe Institute of Chartered Accountants of India31st July, 2020Press ReleaseICAI – Launch of 2 New Chapters & 12 Representative OfficesThe Institute of Chartered Accountants o...
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21 technology-oriented initiatives undertaken by ICAI
Dear Professional Colleague,Greetings from Institute of Chartered Accountants of India (ICAI)!In this era of technology, we are witnessing change in the way in which businesses are being managed or tr...
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Exposure Draft of Guidance Note on Revenue from Operations in case of Contractors
(Last date of comments: August 31, 2020) – (01-08-2020)Exposure Draft Guidance Note on Revenue from Operations in case of Contractors(Last date of comments: August 31, 2020)Research CommitteeThe Insti...
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Dedicated Foreign Help Desk for ICAI Members Abroad
International AffairsThe Institute of Chartered Accountants of India1st August, 2020Dedicated Foreign Help Desk for ICAI Members Abroad The Institute of Chartered Accountants of India is committed to...
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All about National Education Policy 2020 ((NEP 2020)
Cabinet Approves National Education Policy 2020 (NEP, 2020) paving way for transformational reforms in school and higher education systems in the countryThe Union Cabinet chaired by the Prime Minister...