ICAI has hosted Online filing of request form for change of polling booth in the same constituency (Rule 5) or in a city beyond one’s own constituency [Rule 6(2)] Eligibility The Members who are entitled to vote by poll shall have the option to choose for a polling booth in the same/different city within the…
Read moreGST Rate changes w.e.f 01st October 2021
The GST Council’s 45th meeting held on 17th September 2021 has recommended GST rate changes which will be effective from 01st October 2021 Please find the attachment for New Rates applicable w.e.f 01st October 2021:
Read moreExtension of Foreign Trade Policy up to 31st March 2022
The DGFT vide Notification No. 33/2015-2020 dated 28th September, 2021 has further extended the duration of Foreign Trade Policy 2015-2020 (FTP) from 30th September 2021 to 31st March 2022 The following are the major highlights The existing Foreign Trade Policy 2015-20 is extended up to 31st March 2022 (Earlier 30th September 2021) Imports against Advance…
Read moreExtension of the validity of registration certificates issued under FCRA till 31st December, 2021
With a view to ensure smooth transition to the amended legal regime the Central Government has decided that FCRA Registration Certificates which are expired during the period between 29th September 2021 to 31st December 2021 and which await renewal shall remain valid upto31st December 2021. Therefore FCRA certificates or registration expiring between 29thSeptember 29, 2020,…
Read moreNFRA Consultation Paper – Statutory Audit and Auditing Standards for MSMCs
National Financial Reporting Authority (NFRA) has issued Consultation Paper on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) seeking comments from its stakeholders on 29 September 2021. Background In view of the issues related to compliance with the regulatory framework specifically by smaller size companies, NFRA seeks stakeholder responses which will…
Read moreExtension of Last Date for Payment of ICAI Membership/COP Fees
ICAI has extended the last date for payment of Membership/ COP fee for the year 2021-22 from 30th September, 2021 to 31st December, 2021. For the Announcement, Click here:https://www.icai.org/post/extension-of-last-date-for-payment-of-membership-cop-fee-2021-22
Read moreEmpanelment of Members to act as Observers at the Examination Centres For CA Exams – December 2021
ICAI has proposed to empanel members to act as Observers for the forthcoming DECEMBER – 2021 Chartered Accountants Examinations. A member who fulfills the eligibility criteria, desirous of empanelling himself/herself for the assignment, may do so, online at http://observers.icaiexam.icai.org. For Eligibility Criteria and detailed Announcement click here:https://bit.ly/3igKzCI
Read moreDue Date for Holding of AGMs by the Companies – Extended
In view of difficulties faced due to second wave of Covid-19 and consequent Lockdown etc., MCA has extended the Due Date for Holding AGMs of the companies by 2 months from the due date by which the AGM ought to have been held for the Financial Year 2020-21 ending on 31/03/2021. Extension granted is also…
Read moreUDIN: Time Limit for generation enhanced from 15 to 60 days
ICAI has enhanced the time limit for generating UDIN to 60days from the date of the signing of certificates/ reports/ documents instead of 15days, with an aim to align the time limit for generating UDIN with the Standard on Auditing (SA) – 230 on Audit Documentation and Standard on Quality Control (SQC 1). For more…
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