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Goods and services tax is an endless topic with multiple provisions and acts. It is also considered to be very complex in nature as many of the professional chartered accountants, as well as tax experts, are trying to solve the puzzles introduced by the GST in the last 2 years.
Corporate affairs ministry is set to collect the details based on KYC (know your customer) of the chartered accountants, companies, company secretaries & cost accountants in order to take down any of the unethical elements within this professional arena.
The concept and obligations for the GTR-9 and GSTR-9C i.e the Annual Return Form and the reconciliation statement respectively are still a puzzle for may including Chartered Accountants.
Get ready to face the truth of doctors and chartered accountants whom general public trust blindfolded. These two professionals are responsible for their trust and accuracy but this time income tax department has proved them wrong.
The Institute of Chartered Accountants of India (ICAI) forms an indirect tax committee which is also responsible for any valuable suggestion for any changes or introduction of forms in the GST act.
The Institute of Chartered Accountants of India (ICAI) has introduced the new job portal which will assist the finance professionals, semi-qualified professionals in the accounting field and qualified chartered accountant to easily find jobs here.
In a dramatic yet appealing suggestion made by the Institute of Chartered Accountants of India (ICAI) to the finance minister, the total came out to be 121 suggestions.
The Institute of Chartered Accountants of India (ICAI) is going to start certification course on GST. The certification courses will specifically be for girls and will be conducted in 70 girls colleges across the country.
Many chartered accountants and GST experts in India had applied to become a practitioner of Goods & Services Tax, however, the applications of many of them are still under processing.
