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Most auto companies are expected to report another dismal performance for September quarter (Q2) of 2019-20, as poor demand and steep discounts singed their earnings.

The average of the brokerages, including Kotak Securities, ICICI Securities, Prabhudas Lilladher, and Antique, estimates that net profit of top eight companies in the auto universe (including the consolidated earnings of Tata Motors) to see a 46.2 per cent year-on-year (YoY) drop for Q2FY20. This will be the sixth consecutive quarter of a double-digit decline in net profits,
Gross non-performing assets (GNPA) for public sector banks (PSBs) in the agriculture sector has exceeded Rs 1 trillion. According to Reserve Bank of India (RBI) data, the GNPA from agriculture and allied activities in these banks was Rs 1.04 trillion at end-July, against total credit of Rs 942,869 crore (about Rs 9.4 trillion).Thus, the ratio of GNPA to total credit is over 11 per cent.
UDIN is to be generated for Assignment wise and same UDIN is to be used in all documents signed under that assignment. Say for Example while signing the various certificates while doing Bank Audit, same UDIN can be used for all certificates to be signed for that particular Bank Audit Assignment.
Forwarded from GST MCQ
Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan has called for the inclusion of petroleum products under GST regime.
Govt looking to do away with jail term in over 40 sections out of the 66 under Companies Act where compounding is permitted
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Forwarded from GST MCQ
IDT Amendments for NOV 19 IN just 6 Hours For CA Finals covering all chapters !!

*CA Yachana Mutha Bhurat For Nov-19 CA Exam*

1. CH 1. Supply
πŸ“Œhttps://www.youtube.com/watch?v=3GCiAmGsjZk&list

2. CH 2,3 Charge And RCM
πŸ“Œhttps://www.youtube.com/watch?v=Cmqq9gBUvbg&list

3. CH 4,5,6 Composition Levy, TOS, Value Of Supply
πŸ“Œ https://www.youtube.com/watch?v=d9wJB-AjldY&list=

4. CH 7 ITC Amendments
πŸ“Œhttps://www.youtube.com/watch?v=H0H9AWXasr8&list

5. CH 8. Job Work
πŸ“Œhttps://www.youtube.com/watch?v=zWJPRGA0C8E&list

6. CH 9 Registration Amendments
πŸ“Œhttps://www.youtube.com/watch?v=aBfO3h8z4bc&list

7. CH 10 POS Amendments
πŸ“Œhttps://www.youtube.com/watch?v=CrGLAbpLHzQ&list

8. CH 11 Import Export Amendments
πŸ“Œhttps://www.youtube.com/watch?v=51ik5EIbMak&list

9. CH 12, 13 Tax Invoice And Accounts And Records
πŸ“Œhttps://www.youtube.com/watch?v=-8x6_trOt5w&list

10. CH 14, 15 Payment Of TAX, TDS, TCS, Returns
πŸ“Œ https://www.youtube.com/watch?v=p-lq0DFI1VQ

11. CH 16 Refunds Amendments
πŸ“Œ https://www.youtube.com/watch?v=ykLl9dRZPyM

12. CH 17 TO 21 Assessment N Audit, Demands N Recovery, Liability To Pay, Offences N Penalties, Appeals
πŸ“Œ https://www.youtube.com/watch?v=t3Hahk6zZto

13. CH 22 Exemptions
πŸ“Œ https://www.youtube.com/watch?v=POuoHP6YM9U

πŸ“Œ Link for Amendment Booklet : https://icaleague.com/downloads-2/
Q296
If a Company is indulged in canvassing for appointment of Proxy, then penalty up to β‚Ή _____ can be imposed
Anonymous Poll
31%
(a) β‚Ή25,000
19%
(b) β‚Ή50,000
39%
(c) β‚Ή1,00,000
11%
(d) β‚Ή5,00,000
Reliance Industries (RIL) is expected to report a strong quarter for the July-September period. Analysts expect refining to offset weakness in petrochemicals (petchem) and a lower tax rate benefit for the retail and telecom businesses.

RIL will report its financial performance for the September 2019 quarter on Friday.In a Bloomberg poll, 10 analysts estimated RIL’s consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion
Forwarded from GST MCQ
GST Network (GSTN) will release improved version of GST return filing interface on October 22 with an aim to further simplify the process
India's 𝙛𝙖𝙨𝙩-π™’π™€π™«π™žπ™£π™œ π™˜π™€π™£π™¨π™ͺπ™’π™šπ™§ π™œπ™€π™€π™™π™¨(π™π™ˆπ˜Ύπ™‚) π™’π™–π™§π™ π™šπ™© π™¨π™‘π™€π™¬π™šπ™™ 𝙩𝙀 𝙖 π™›π™žπ™«π™š-𝙦π™ͺπ™–π™§π™©π™šπ™§ 𝙑𝙀𝙬 in the july-September (Q2) period as consumer sentiment remained tepid
π”½π•π•šπ•‘π•œπ•’π•£π•₯ π•€π•–π•–π•œπ•€ 𝕗𝕠𝕠𝕕 𝕣𝕖π•₯π•’π•šπ• π•π•šπ•”π•–π•Ÿπ•”π•–, π•₯𝕠 ℝ𝕀.πŸšπ•‚ ℂ𝕣𝕠𝕣𝕖

Walmart Owned Company Flipkart is entering food retail as it is in the Final Stage of applying for licence for this business in India. You will be soon introduced with Flipkart FarmerMart.

Flipkart Group CEO Said - π‘‡β„Žπ‘–π‘  𝑛𝑒𝑀𝑙𝑦 π‘Ÿπ‘’π‘”π‘–π‘ π‘‘π‘’π‘Ÿπ‘’π‘‘ π‘™π‘œπ‘π‘Žπ‘™ 𝑒𝑛𝑑𝑖𝑑𝑦 𝑀𝑖𝑙𝑙 π‘“π‘œπ‘π‘’π‘  π‘œπ‘› π‘“π‘œπ‘œπ‘‘ π‘Ÿπ‘’π‘‘π‘Žπ‘–π‘™ π‘Žπ‘›π‘‘ 𝑖𝑑 𝑖𝑠 π‘Žπ‘› π‘–π‘šπ‘π‘œπ‘Ÿπ‘‘π‘Žπ‘›π‘‘ π‘π‘Žπ‘Ÿπ‘‘ π‘œπ‘“ π‘œπ‘’π‘Ÿ π‘’π‘“π‘“π‘œπ‘Ÿπ‘‘π‘  π‘‘π‘œ π‘π‘œπ‘œπ‘ π‘‘ πΌπ‘›π‘‘π‘–π‘Žπ‘› π‘Žπ‘”π‘Ÿπ‘–π‘π‘’π‘™π‘‘π‘’π‘Ÿπ‘’ π‘Žπ‘  𝑀𝑒𝑙𝑙 π‘Žπ‘  π‘‘β„Žπ‘’ π‘“π‘œπ‘œπ‘‘ π‘π‘Ÿπ‘œπ‘π‘’π‘ π‘ π‘–π‘›π‘” π‘–π‘›π‘‘π‘’π‘ π‘‘π‘Ÿπ‘¦ 𝑖𝑛 π‘‘β„Žπ‘’ π‘π‘œπ‘’π‘›π‘‘π‘Ÿπ‘¦. π‘Šπ‘’ π‘Žπ‘Ÿπ‘’ π‘™π‘œπ‘œπ‘˜π‘–π‘›π‘” π‘“π‘œπ‘Ÿπ‘€π‘Žπ‘Ÿπ‘‘ π‘‘π‘œ 𝑖𝑛𝑣𝑒𝑠𝑑 π‘šπ‘œπ‘Ÿπ‘’ 𝑑𝑒𝑒𝑝𝑙𝑦 𝑖𝑛 π‘™π‘œπ‘π‘Žπ‘™ π‘Žπ‘”π‘Ÿπ‘–π‘π‘’π‘™π‘‘π‘’π‘Ÿπ‘’ π‘’π‘π‘œπ‘ π‘¦π‘ π‘‘π‘’π‘š, 𝑠𝑒𝑝𝑝𝑙𝑦 π‘β„Žπ‘Žπ‘–π‘› π‘Žπ‘›π‘‘ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” π‘€π‘–π‘‘β„Ž π‘™π‘Žπ‘˜β„Žπ‘  π‘œπ‘“ π‘ π‘šπ‘Žπ‘™π‘™ π‘“π‘Žπ‘Ÿπ‘šπ‘’π‘Ÿπ‘ , π‘“π‘Žπ‘Ÿπ‘šπ‘’π‘Ÿ π‘π‘Ÿπ‘œπ‘‘π‘’π‘π‘’π‘Ÿπ‘  π‘œπ‘Ÿπ‘”π‘Žπ‘›π‘–π‘ π‘Žπ‘‘π‘–π‘œπ‘› (𝐹𝑃𝑂𝑠), π‘“π‘œπ‘œπ‘‘ π‘π‘Ÿπ‘œπ‘π‘’π‘ π‘ π‘–π‘›π‘” π‘–π‘›π‘‘π‘’π‘ π‘‘π‘Ÿπ‘¦ 𝑖𝑛 πΌπ‘›π‘‘π‘–π‘Ž