Month: March 2020
Finance Act 2020 received assent of the President and published in official Gazette The Finance Act 2020 has received the assent of the President on 27th March, 2020 and is published in Gazette of India. Earlier, The parliament had passed the Finance Bill 2020 on 23rd March 2020 …
Requirement for PSBs to complete Statutory Audit by 15th May withdrawn. Earlier the Govt had specified a uniform schedule for Statutory Audit of Public Sector Banks after closure of accounts on 31st March of the financial year Finance Ministry has withdrawn the circular which required that all public sector …
ICAI Advisory on Accounting and Assurance related issues for FY 2019-20 due to Covid-19 Disruptions ICAI has issued an advisory on impact of corona virus on financial reporting and resultant auditors consideration. The advisory/guide is applicable (a) to entities to whom Ind AS is applicable and (b) the …
ICAI postpones May 2020 CA exams due to COVID-19 outbreak Due to the COVID-19 outbreak, ICAI has again postponed May 2020 exams . The CA exams now be held from 19th June 2020 to 4th July, 2020. The following exams have been postpned: FOUNDATION COURSE EXAMINATION –Under NEW …
Non-refundable advance of 75 % of PF account deposit / 3 months wages allowed, Govt to pay PF contributions of businesses having less than 100 workers The Union Finance Minister Nirmala S. Sitharaman, has announced a relief package of Rs 1.70 Lakh Crore under Pradhan Mantri Garib Kalyan …
CBDT extends ITR/TAR filing due date for AY 2019-20 to 31.03.2020 for disturbances in internet facility in UT of Jammu & Kashmir and Ladakh F. No.225/ 306/2019-ITA -IIGovernment of IndiaMinistry of Finance Department of Revenue Central Board of Direct Taxes North Block, ITA-II DivisionNew Delhi,the 23rd March ,2020 …
Patent Agent Exam 2020. Extension of last date to Register for PAE to 15.04.2020 in view of requests from candidates due to COVID-19 outbreak Government of IndiaOffice of Controller GeneralPatents, Designs & TrademarksBoudhik Sampada Bhawan S. M. Road, Antop Hill Mumbai-400037, India No. CG/F/Office Order/2020/216 Dated 19th March 2019 …
Amendment to GST rate notification on recommendation of GST Council MINISTRY OF FINANCE(Department of Revenue) Notification No. 03/2020-Central Tax (Rate) New Delhi, the 25th March, 2020 G.S.R.216(E).—In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods …
GST rate on maintenance, repair or overhaul services in respect of aircrafts, aircraft engines and other aircraft components or parts MINISTRY OF FINANCE(Department of Revenue) Notification No.02/2020–Central Tax (Rate) New Delhi, the 25th March, 2020 G.S.R.1209(E).—In exercise of the powers conferred by sub-section (3) and sub-section (4) of …
Special Measures under Companies Act 2013 & LLP Act, 2008 due to COVID-19 outbreak General Circular No. 11/2020 F.No. 2/1/2020-CL-VGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi-110001Dated: 24th March, 2020 ToAll Regional Directors,All Registrar of Companies,All Stakeholders Subject: Special Measures under …
