Taxontips
No Result
View All Result
Wednesday, June 7, 2023
Login/ Register
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Talk to an Expert
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
No Result
View All Result
Taxontips
No Result
View All Result

ICAI provides assistance against Covid treatment to its member and their family of upto Rs. 1.5 lakh

ADMIN by ADMIN
April 24, 2021
in Business & Other News
0
ICAI has announced a new MBA programme for Diploma in Management and Business Finance
103
SHARES
1.3k
VIEWS
image_pdfPDFimage_printPrint

Earlier we had discussed about ICAI has started life Insurance, medical insurance facilities for it’s members and those services were launched by Committee of members in practice.

However, now looking the increasing cases of Covid in the country ICAI has taken a great initiative of providing assistance against expenses in Covid treatment to the members, the expenses can be incurred for the treatment of members or his/ her dependent relative.

This scheme has been launched by Chartered Accountants Benevolent Fund (CABF).

Now let’s discuss a few important points of this scheme:

Q. Who can apply Application Form for Medical Assistance for treatment of CORONA Disease from the Chartered Accountants Benevolent Fund (CABF)?

A. Any active member of the Institute may apply for Medical Assistance for treatment of CORONA Disease from the Chartered Accountants Benevolent Fund (CABF) by filing prescribed Application Form along with the required documents/enclosures.

Q. Whether CABF Life Membership is mandatory for applying Application Form for Medical Assistance for treatment of CORONA Disease from CABF?

A. No.

Q. What is the meaning of dependent for applying Application Form for Medical Assistance for treatment of CORONA Disease from CABF?

A. Dependent relatives shall include spouse (non-working), children (Son upto 21 years and unmarried daughter up to 25 years), Father (Above 60 having no income), Mother (Above 60 with no income of husband and for widow no age and income restrictions).

Q. Amount of assistance to be provided.

A. Per Family of the Member maximum assistance is 1.5 lakhs (Limited to actual expenses or 1.5 lakh whichever is lower).

Q. Can one take benefit of such scheme for home quarantine?

A. No. Hospitalisation is must for applying for Medical Assistance for treatment of CORONA Disease from the Chartered Accountants Benevolent Fund.

Net taxable income less than 10 lacs of the Member.

 

To read full FAQ CLICK HERE.

To file Online Form CLICK HERE.

To download offline Form CLICK HERE.

The Hard copy of the Application along with all enclosures/documents as required, be sent to the address mentioned at the top of Application Form i.e. The Member Secretary, CABF, M&C-MSS Directorate, The ICAI, ICAI Bhawan, Plot No. A-29, Sector-62, NOIDA – 201 309.

image_pdfPDFimage_printPrint
Previous Post

Clarification of MCA with regard to using of CSR funds for Covid relief and setting up make shift hospitals

Next Post

CBDT extends due dates of various proceedings and order under Income tax act to 30.06.2021 in light of the raging pandemic

Related Posts

US tax
Business & Other News

U.S. Corporations Owned by Foreign/ Indian Shareholders – Comprehensive Tax Implications and Reporting Requirements

June 7, 2023
RBI to end it’s Fiscal Year 2019-20 on 30.06.2020 | Fact check | Change in Accounting year for 2019-20
Business & Other News

Do you need to panic if you have Rs. 2000 note with you?

May 22, 2023
RBI to end it’s Fiscal Year 2019-20 on 30.06.2020 | Fact check | Change in Accounting year for 2019-20
Business & Other News

Rs. 2000 note removed from Circulation Will continue as Legal Tender

May 19, 2023
ICAI has announced a new MBA programme for Diploma in Management and Business Finance
Business & Other News

Deferment of second phase of Peer Review Mandate for CA Firms

May 15, 2023
IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately
Business & Other News

Notification under PMLA by Ministry of Finance which could affect CA, CS and CMA

May 12, 2023
IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately
Business & Other News

CA, CS and CMA now under PMLA. KYC of clients required

May 10, 2023
Next Post
Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-

CBDT extends due dates of various proceedings and order under Income tax act to 30.06.2021 in light of the raging pandemic

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Google Custom search

Recent Posts

  • U.S. Corporations Owned by Foreign/ Indian Shareholders – Comprehensive Tax Implications and Reporting Requirements
  • ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
  • Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act
  • ₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
  • Due date for filing SFT extended from 31.05.2023 for FY 2022-23?

Recent Comments

  • Notification under PMLA by Ministry of Finance which could affect CA, CS and CMA - Taxontips on CA, CS and CMA now under PMLA. KYC of clients required
  • ITR 4 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips – Taxontips on Businessman with turnover below 1 crore and having profit below 8% need to compulsorily get books of accounts audited: Let’s find out
  • Can a person earning income from speculative business transaction file return u/s 44AD of Income tax act - Taxontips on How to calculate turnover in case of intra day and future and option trading for Income Tax purpose?
  • Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April, 2023 - Taxontips on Updation of Member’s Profile at Self Service Portal with GSTIN to get GST credit till 15.04.2023
  • Akshay Kadam on New error faced in the new Income tax e-filing portal related to log-in of an assessee | E-filing 2.0

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Browse Topics by Date

June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    
  • GSTR 9/ 9C extended : AGAIN

    GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning

    6456 shares
    Share 2582 Tweet 1614
  • How to pay Membership and COP fees of ICAI for 2020-21 |

    6344 shares
    Share 2538 Tweet 1586
  • Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods

    5682 shares
    Share 2273 Tweet 1421
  • Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020

    4771 shares
    Share 1908 Tweet 1193
  • SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type

    3991 shares
    Share 1596 Tweet 998

Recent Notification

US tax

U.S. Corporations Owned by Foreign/ Indian Shareholders – Comprehensive Tax Implications and Reporting Requirements

June 7, 2023
Income Tax Return

ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips

June 6, 2023

RSS Taxontips

  • U.S. Corporations Owned by Foreign/ Indian Shareholders – Comprehensive Tax Implications and Reporting Requirements
  • ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
  • Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act
  • ₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
  • Due date for filing SFT extended from 31.05.2023 for FY 2022-23?
  • E-appeal scheme, 2023 announced by CBDT, JCIT(A) will now hear appeal [Read notification]
  • Limit of exempt income for leave encashment for non-govt employees increased to Rs. 25 lakh [Read notification]
  • ANNUAL FEE CIRCULAR 2023-24 by ICAI for it’s members
  • Instructions for conducting scrutiny of returns for FY 2019-20 onwards under GST [Read instructions]
  • Extension in time limit for filing Form 10A, 10AB, 10BD, 10 etc. in relation to trust under Income tax act

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Site menu

  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Taxontips

TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

No Result
View All Result
  • Login/Signup
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • About us
  • Contact us
  • Ask an expert/ Talk to an expert
  • Q & A
  • Privacy Policy
  • Terms of use

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

Book Phone consultation with expert

Sitting home or at your office and don't have time to visit CA's office or don't know where to consult CA. Book your consultation with an expert practicing Chartered Accountant and get your query solved.

Book a phone consultation for 30 minutes with our expert at a very basic cost.

Book consultation

No thanks, I'm not interested!