CAclubindia Articles

Penalty and punishment for auditors

Posted by CS Divesh Goyal 23 March 2015 19026 Views

PENALTY & PUNISHMENT ON AUDITORSUNDER COMPANIES ACT, 2013 A. Contravention of Provision of Section 139-146: (Attendance in General Meeting): If any provisions of this Section contravene then: Penalty on Company: The company shall be punishable wi

Women Director-Countdown Begins

Posted by Guest 23 March 2015 9750 Views

Companies Act, 2013 along with Companies (Appointment and qualification of Directors) Rules, 2014 had made it mandatory for the following class of companies to have at least one women director in their Board: a) All Listed Companies b) Every Public

We can't be serious about ease of doing business in India

Posted by CA Anil Garg 23 March 2015 9733 Views

World Bank has been reporting its Ease-Of-Doing-Business rankings for a long time showing India in a dismal light, even in comparison with its immediate neighbours or even with South East Asia averages. The fact that South East Asia itself is no big

International Tax - Case Law Analysis-2015: Series 1

Posted by CA Rohit Gupta 23 March 2015 12962 Views

International Tax Update: IndiaForeign Remittance: TDS u/s 195: Case Law Analysis 2015: Series 1Some of the important case laws published during 2015 pertaining to TDS u/s 195 and/or taxability of foreign companies/non-resident entities in respect of

Flipkart Store - All you need to know

Posted by Karan Khatri 23 March 2015 41410 Views

Now a days there is a boom in e-commerce in India. There has been many e-commerce sites like Amazon.in, Flipkart.com and Snapdeal.com. Today we are going to know much more in detail about the Filpkart store.Introduction Flipkart went live in 2007 wit

Exhange Rates Regime, trends and impact on Indian economy

Posted by Rajesh Kumar Gupta 23 March 2015 8848 Views

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

Posted by Nimish Goel 21 March 2015 21896 Views

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

Posted by Bharath Rao 21 March 2015 22684 Views

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

Posted by CS Divesh Goyal 21 March 2015 25527 Views

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

Posted by Rajesh Kumar Gupta 19 March 2015 28131 Views

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