CAclubindia Articles

What is credit insurance

Posted by yashika jain 26 December 2014 9660 Views

CREDIT INSURANCEBefore I begin, though I have discussed about credit insurance in detail, I would like to say that this tyoe of insurance is not usually offered in India. It is a new form and not much talked about. Thank you.WHAT IS IT?Credit insuran

CSR in new Companies Act, 2013

Posted by CA. Atul Khurana 26 December 2014 14254 Views

Companies Act, 2013: An overviewThe Companies Act, 2013 (2013 Act), enacted on 29 August 2013 on accord of Honble Presidents assent, has the potential to be a historic milestone, as it aims to improve corporate governance

GST- The upcoming tax reform

Posted by Shivani 26 December 2014 19731 Views

ConceptGST or Goods and Service Tax is an indirect tax levied on value addition done on goods and services. It shall replace all other kinds of indirect taxes levied at central or state level like excise, customs, VAT etc.

Liberate yourself from the gloominess of working in Industry

Posted by RASHMI VADAVI 26 December 2014 13774 Views

Are you a C.A and working in industry? Do you feel you are undervalued? Do you feel if you would have been in an audit firm or in a finance company or instead, if you may have started somet

Towards GST - 122 nd Constitutional Amendment Bill - An analysis

Posted by Pritam Mahure 26 December 2014 14333 Views

By CA Pritam MahureThe 122nd Constitutional Amendment Bill (hereafter referred as CAB) was introduced in Parliament on 19th Dec,2014. In the past, to amend the Constitution, 115th CAB was introduced by the UPA Government in March 2011. However, this

History of Maritime Shipping

Posted by Humayun Kabir Chowdhury 24 December 2014 5266 Views

1. Shipping history at a glanceFrom time immemorial, people wanted to involve with trading activities at sea. As such when people had started to contemplate carriage of goods and merchandise from one country to another, from one region to another, an

Goods & Service Tax via Dual GST & GST Council Era - Part I

Posted by Anandaday Misshra, Advocate 24 December 2014 16202 Views

Goods & Service Tax (GST) is a regime of Uniform Tax. A regime in which multiple indirect taxes will be the talk of past and indirect taxes will be subsumed in GST. A. Taxes to be Subsumed in GST The following taxes will be subsumed under GST :

Proposed GST- The Game Changer for professionals- Opportunity

Posted by Madhukar N Hiregange 24 December 2014 23901 Views

GST is a consumption based levy. Destination principle would be applicable in normal course of business to business [B2B] other than for few services and business to consumer.[ B2C] GST is proposed to be in place by April 2016- maybe a bit optimitsti

Sec. 36(1)(iii) and principle of commercial expediency

Posted by C.A. Mohit Mittal 24 December 2014 46108 Views

Section 36(1)(iii)- Principle of Commercial expediency As per Sec 36(1)(iii), Deduction shall be allowed for The amount of interest paid in respect of capital borrowed for the purposes of business or professionFor the purpose of claim

Contribution - the concept I love most

Posted by Tulasi S Sastri 24 December 2014 10670 Views

By Contribution, I am referring to Sales minus Variable Cost. In my four decades of working in Industry, I had applied this concept in many organizations, with great gains. For me today, it is perhaps the most important concept in Management Accounti