CAclubindia Articles

Secretarial Standards - An overview

Posted by CS Suhita Mukhopadhyay 22 July 2015 14930 Views

The Ministry of Corporate Affair (MCA) has approved vide circular Dated 10th April, 2015, Secretarial Standards (SS) on Board and General Meetings which was been notified in official Gazette on 23rd April, 2015. Secretarial standards are applicable

Use of digital signature and maintenance of records in electronic form

Posted by Deepak 22 July 2015 6599 Views

The Article given below may help you to know what are the Conditions and Procedures to be followed to use Digital signature to sign the invoices and maintain records in Electronic form.By way of Notification No. 5/2015-Service Tax dated 01.03.2015, C

MCA's olive branch to Private Companies

Posted by Ramaswami Kalidas 22 July 2015 5950 Views

IntroductionIt is an admitted fact that small and marginal companies have been up in arms from the time the Companies Act,2013 (hereinafter referred to as the �Act�) was unleashed in the year 2013 partially to substitute what was consi

Tax recovered but not paid to the Govt. has to be treated as evasion of ST

Posted by RENGARAJ R.K 22 July 2015 5489 Views

Introduction: In a recent judgment the Hon�ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients an

GST Era Pushes Indirect Excise Duty On Textile w.e.f 17th July 2015

Posted by Anandaday Misshra, Advocate 22 July 2015 6120 Views

The era of Goods & Service Tax (GST) has started with three notifications on 17th July 2015. The idea is to check the breaking of chain for the purpose of GST.It is pertinent to note that more or less , similar and/or same proviso has been insert

Irony in CA ranking system

Posted by CA Nayan Gupta 21 July 2015 52414 Views

Results of CA Final were announced on 16th July 2015 and since then the result of Ms. Shailee Chaudhary, AIR-1, is the one most talked about topic. No dobut, she has performed spectacularly in her exams, securing 98 in ISCA (considered to be the mos

Lets retrieve from the brink: Plan your retirement

Posted by Binish Zahra 21 July 2015 5815 Views

The Employees' Provident Fund (EPF) is the most common Retirement Planning option for the salaried class of India . It is important part of one's salary, plays an essential role in building up a sufficient retirement corpus. The fund is bui

Depressed due to depreciation

Posted by CA Umesh Sharma 21 July 2015 15442 Views

Karneeti Part 107Depressed due to DepreciationArjuna (Fictional Character): Krishna, it is said that there is drastic change in the provision of calculation of depreciation according to New Companies Act 2013. So many Company Taxpayers are facing iss

The big Greek tragedy

Posted by karanvir singh 21 July 2015 13036 Views

Lets start with explaining what exactly is European Union(E.U.) and European Central Bank(E.C.B). To understand that we need to know what are monetary and fiscal policies.Monetary Policies are the policies which are related with actions of central ba

Why Foreign Contribution Act (FCRA)

Posted by Dilip K Raina 21 July 2015 11489 Views

Every religion which exist in this universe has been advocating the idea of helping those who are in dire need of help by those who can afford. It can be charity or zakat or dhan or kaar seva etc. All this is simply a way to help poor and needy peopl