GST e-invoice System – FAQs A.E-invoice -Basics: 1. What is ‘e-invoicing’? As per Rule 48(4) of CGST Rules, notified class of registered persons have to prepare invoice by uploading specified particulars of invoice (in FORM GST INV-01) on Invoic e Registration Portal (IRP) and obtain an Invoice Reference …

CA making application for ICAI membership/restoration of name after a period of three years from passing final exam/removal of name to pass Assessment   THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA   NOTIFICATION   New Delhi, the 14th September, 2020   No.1-CA(7)/195/2020.—The following draft of certain regulations further …

Violation of provisions of Company Law by Companies and action taken by MCA. Today, Union Minister of State for Finance & Corporate Affairs, in response to a written question in the Lok Sabha informed about the action taken by the MCA on companies that have violated the provisions …

Enabling on e-invoice GST portal. Taxpayers required to prepare invoice in terms of Rule 48(4) of CGST Rules may request for enablement. Enabling on e-invoice GST portal – GSTN Advisory Certain taxpayers are required to prepare gst e-invoice in terms of Rule 48(4) of CGST Rules (e-invoicing). As …

Banks to automate Income Recognition, Asset Classification & Provisioning processes Reserve Bank of India (RBI), in order to ensure the completeness and integrity of the automated Asset Classification (classification of advances/ investments as NPA/NPI and their upgradation), Provisioning calculation and Income Recognition processes, has advised banks to put …

Asset Allocation of Multi Cap Schemes of Mutual Funds-SEBI Clarification   Securities and Exchange Board of India   PR No. 46/2020   Clarification pursuant to Circular dated September 11, 2020- Regarding Asset Allocation of Multi Cap Schemes of Mutual Funds   SEBI’s 2017 circular on scheme categorization sought …