CAclubindia Articles

Wealth Tax part 1

Posted by *RENU SINGH * 07 November 2011 11284 Views

Wealth tax :- As per section 3(2) of the wealth tax 1957, from 1993-94 , every individual , HUF and company is liable to pay wealth tax. Wealth tax is charged on the basis of The quantum of net wealth chargeable to tax under the Act. The time

Is lack of time making you go crazy in your attempt to plan

Posted by Ramalingam K 07 November 2011 12070 Views

Does your busy professional schedule offer you time to monitor your personal finance? Balaji is working for an MNC. Today he has got a deadline for a particular assignment. His day is fully packed. First thing in the morning, he receives a mail fr

Ups and downs in GST

Posted by Nagesh Bajaj 07 November 2011 8920 Views

In our previous article we had discussed about the issues which are coming in the way of the rolling on the GST. Among these issues, the major one is the Veto Power. The earlier draft was rejected by the states in the meeting of the

People don't save in savings accounts

Posted by Guest 07 November 2011 10206 Views

Shailendra Bhandari, managing director and chief executive of ING Vysya Bank Ltd, doesnt want to be a price warrior. He will not raise the savings bank accounts rate till some of the bigger banks do that. The banks that raised rates

Notes on Garment Export

Posted by CA Satish Badve 05 November 2011 10184 Views

Ever expanding trade between the countries and competition between the producers of the garment in the same market segment of a country, It is very essential to find out the correct market for the product all over the world.

God's Chartered Accountant

Posted by CA Pallav Singhania 05 November 2011 53901 Views

Human life cycle is like Financial year... When YOU were born....(Its the opening of Financial year 1.4.XXXX) Your everyday is like....(Journal entry) When you meet with someone is a (Transaction) When

Why investors are not making returns in the stock market?

Posted by Ramalingam K 05 November 2011 8951 Views

In the last 10 years, sensex gas grown at 17.79% CAGR. That means, if someone could have invested Rs. 1 lac 10 years back, it could have grown to 5.14 lacs. In the last 10 years one third of diversified equity mutual funds have delivered a CAGR of mo

Section 44 AB

Posted by M.R. PRASAD 05 November 2011 22574 Views

Section 44 AB Inserted by the Finance Act, 1984, w.e.f., 01-04-1985: A boon to C.As Practice. Up to that time, except Bank Audits, Company Audits, there is not much difference between work handled by the Income Tax Practioners, (TAX) Advocates

How are employee stock options taxed?

Posted by Guest 04 November 2011 18660 Views

A according to a recent newspaper report, the Income Tax Appellate Tribunal had held that employee stock option plans (Esops) are capital assets and that the proceeds from an Esop would be taxable as capital gains. It further stated that Esops wer

Guidelines on Distance Marketing of Insurance Products, 2011

Posted by Vrinda Aghi 04 November 2011 11106 Views

Guidelines on Distance Marketing of Insurance Products, 2011 a synopsis Insurance Regulatory & Development Authority has recently issued guidelines regarding Distance Marketing of Insurance Products, which will come into effect fro