CA Nilay Shah's Blog

Government of India has introduced a facility to avail PAN Card Online with the help of DSC (Digital Signature Certificate). In this process the applicant has to apply for online through NSDL website, fill and submit the form along with relevant document and valid DSC. Applicant need not to send physical documents to government and process can be speed up.  In case of discrepancies in the applicant is required to provide supporting documents to the NSDL in the address given below:
INCOME TAX PAN SERVICES UNIT (Managed by NSDL e-Governance Infrastructure Limited), 5th floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune – 411 016.
Who can apply for PAN through DSC? The facility is only for Indian citizens. The below persons can apply for online PAN through DSC:
a. Individual
b. Hindu Undivided Family (HUF)
c. Body of individuals
d. Partnership firm
e. Limited Liability firm
e. Company
f. Association of person
g. Trust
h. Artificial Judicial Person.
i.…

Today, Finance Minister Nirmala Sitharaman has given Fifth and final tranche of measures of an economic package called "Atmanirbhar Bharat" as announced by Prime Minister Narendra Modi. The stimulus measures braught in by the Government and the Reserve bank of india (RBI) together add up to Rs. 20.97 Lakh Crore, as said by the Finance Minister Nirmala Sitharaman.
Seven Steps are announced today as last steps of measures of this economic package. 
1. MNREGA 2. Health - Rural and Urban including education 3. Businesses and Corona virus 4. Decriminalization of Companies Act 5. Ease of doing Business 6. Public Sector Enterprises 7. State Governments and related resources
Click here for detailed presentation of Self- Reliant India Relief Package: Part 5

Indian Prime Minister Shri Narendra Modi has announced Self-Reliant India Movement on 12thMay,2020 at 8 pm along with a much-needed second Relief package of around Rs. 20,00,000 Crores which he said would bring the government’s overall stimulus to around 10% of the country’s GDP, including the previously released package back in March, and central bank liquidity measures.This new program, “Atmanirbhar Bharat Abhiyan” (Self-reliant India Scheme) would, according to Modi’s speech, cover five pillars: “economy, infrastructure, technology-driven system, vibrant demography and demand” and would involve “land, labour, liquidity, and laws.” 
Today Nirmala Sitharaman has unveiled fourth tranche of covid economic measures as part of our mission “Atmanirbhar Bharat Abhiyan” (Self-reliant India Scheme) which mainly focused on Eight sectors: Coal, minerals, defense production, airspace management, airports, MRO, power distribution companies in UTs, space and atomic energy.
For detailed presentation…

Indian Prime Minister Shri Narendra Modi has announced Self-Reliant India Movement on 12thMay,2020 at 8 pm along with a much-needed second Relief package of around Rs. 20,00,000 Crores which he said would bring the government’s overall stimulus to around 10% of the country’s GDP, including the previously released package back in March, and central bank liquidity measures.This new program, “Atmanirbhar Bharat Abhiyan” (Self-reliant India Scheme) would, according to Modi’s speech, cover five pillars: “economy, infrastructure, technology-driven system, vibrant demography and demand” and would involve “land, labour, liquidity, and laws.” 
Detailed scheme will be announced by Finance Minister Nirmala Sitharaman in three parts afterwards. 

Today's third part of announcement has includes 11 measures as follows: 8 for strengthening activities related to agriculture and its allied activities and 3 for its governance activities.
For detailed presentations on the benefits given, please click he…

Indian Prime Minister Shri Narendra Modi has announced Self-Reliant India Movement on 12thMay,2020 at 8 pm along with a much-needed second Relief package of around Rs. 20,00,000 Crores which he said would bring the government’s overall stimulus to around 10% of the country’s GDP, including the previously released package back in March, and central bank liquidity measures.This new program, “Atmanirbhar Bharat Abhiyan” (Self-reliant India Scheme) would, according to Modi’s speech, cover five pillars: “economy, infrastructure, technology-driven system, vibrant demography and demand” and would involve “land, labour, liquidity, and laws.” 
Detailed scheme will be announced by Finance Minister Nirmala Sitharaman in three parts afterwards. 

Today's second part of announcement has includes measures as follows: 3 related to migrant workers, 1 related to street vendors, 1 for small traders, 1 for self employed people, 2 on small farmers, 1 on housing.Total 2.5 million Kisan credit cards has b…

'Self-respect comes from self-reliance’ this is not only true for an individual but also for a nation. Ironically, India is being led by a party which talks about ‘swadeshi or self-reliance’. Indian Prime Minister Shri Narendra Modi has delivered speech to the nation on the Self-Reliant India Movement on 12th May,2020 at 8 pm. 

Prime Minister Narendra Modi has announced a much-needed second Relief package of around Rs. 20,00,000 Crores which he said would bring the government’s overall stimulus to around 10% of the country’s GDP, including the previously released package back in March, and central bank liquidity measures.This new program, “Atmanirbhar Bharat Abhiyan” (Self-reliant India Scheme) would, according to Modi’s speech, cover five pillars: “economy, infrastructure, technology-driven system, vibrant demography and demand” and would involve “land, labour, liquidity, and laws.” 

Detailed scheme will be announced by Finance Minister Nirmala Sitharaman in three parts afterwards.…

Hello Professional Colleagues and Dear Friends,

Greetings of the Day!!!

Committee for Members in Practice (CMP) by ICAI is providing so many benefits for Chartered Accountants of ICAI who are in Practice, but many of us are not aware about this. The only purpose to write this Blog is to share knowledge and awareness about the benefits available to us and to encourage Members to take benefits of the same. It drastically reduced our cost as all the tie-ups are made at PAN-India Level with the Branded companies/Corporations.


List of Benefits which are currently available to Members in practice are as follows:
1. LIC Term Insurance:
The Committee arranged in the form of specially designed Group Term Insurance through the LIC for Members of ICAI. The Term Insurance policy will cover death due to any reason.

The salient features of the scheme are available at https://cmpbenefits.icai.org/lic-term-insurance/

2. Personal Accident Insurance for Members of ICAI:
The Committee arranged in the form of…