CAclubindia Articles
Exhange Rates Regime, trends and impact on Indian economy
Exchange rates and their impact on Indian economyAs we have been reading in almost all dailies during recent times that Indian rupee has depreciated against dollar by 8% since May 2013.In this article
Persistence is the key - Very much needed before the exams
The key of persistence shall open up any door that has been closed because of resistanceI start my mornings usually by going up to my house terrace and get a breath of fresh air. It feels really nice when cool breeze hits your face and
Compliance of internal controls
Towards regaining public confidence In the year 2009, we have seen the investor confidence under the Indian scenario falling from Rs. 300 to Rs. 10 per share. The money so invested was systematically wiped off and withdrawn over a number of years by
Key Managerial Personnel
KEY MANAGERIAL PERSONNELSection 203 read with rules- 8 of Companies(appointment and remuneration) Rules, 2014 Companies Act, 2013 (Act) has introduced many NEW CONCEPTS AND KEY MANAGERIAL PERSONNEL is one of them. While the Companies Act, 195
Budget 2015 Direct taxes,Sukanya Samriddhi Gold Monetisation
Budget 2015 and Direct Taxes with details of Sukanya Samriddhi and Gold Monetisation Scheme No change in the basic exemption limit and the tax rates of individuals. Slab of Income Rate of Income tax Upto Rs. 250,000 [Ba
Provisions related to dividend as per IT Act & Co Act, 2013
Section 115-O(1) Of the income tax act provides that every domestic company required to pay dividend distribution tax in addition to income tax on any amount declared, distributed or paid by way of dividends (whether interim or otherwise), whether o
Financial Statements of Banks
Bankers are familiar with Profit & Loss Account and Balance Sheet of Corporates as they day in and day out read, analyze, disseminate information for processing the credit requirements of the borrowers. They calculate
Section 92 - An identity crisis for promoters
Section 92 –An Identity Crisis for Promoter 92 of the Companies Act, 2013 (“Act”) require all companies including private companies to list out details in the prescribed format containing particulars as they stood on the close of t
Post Budget 2015 Memorandum - Key concerns on Union Budget 2015
ISSUES FOR AMENDMENTS OR CLARIFICATION BY THE CBEC UNION BUDGET 2015 Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Union Budget of the Honble Prime Minister Shri. Narendra
GAAR Conundrum
When Budget 2015-16 was rolled out by our Honorable Finance Minister Mr. Arun Jaitley then plethora of flak faced by our Government from opposition and critics that this budget was pro-industrialists and anti-poor and in their argument they cited a
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