CAclubindia Articles
Three distinct aspects of financial applications
Three distinct aspects of Financial Applications that help in Systems Requirement Study (SRS). What is SRS? By SRS I am referring to the exercise undertaken to understand and to specify the requirements of a Business Application for development. Ther
SSI units - Exemption under central excise
SSI units & Notification no.8/2003 CE SSI stands for Small Scale Industries. Notification no.8/2003 provides relaxation to SSI units from central excise duty subject to certain conditions. T
Much ado about nothing in section 188 (Related Party)
The section 188 of the Companies Act, 2013 imposes restrictions/conditions relating to related parties transactions and for the purpose of imposing restrictions and conditions the said section 188 authorizes Central Government to make rule. The Cent
Companies Act, 2013- Sch II depreciation revised
Schedule II of the Companies Act 2013 Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less i
Main Hoon Na - CSR is not street charity?
Street Charity chant, please do charity in the name of almighty, reaction to this may be impulsive, we donate but without knowing the cause. This impulsive charity does not require the caregiver to look back on who the beneficiary is an
Simplifying Delhi VAT - Legal & procedural relaxations expected
Simplifying Delhi Value Added Tax Legal & Procedural Relaxations Expected
Who's budget first? Personal or governments
Karneeti Part 77Whos Budget First? Personal or GovernmentsArjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley will be declaring the Finance Budget of 2015-16 on 28th February in the Loksabha. Everyone is excited f
What Union Budget of India 2015-16 should include?
Finance minister Arun Jaitley will present Union budget of India for 2015-16 on 28th February. Now there are some points which should be included in it. Infrastructure Projects - There are nearly 5 lakh crores worth of infrastructure projects which a
Input credit mechanism under proposed GST regime
Input Credit mechanism under proposed GST regime-The milestone to achieveBACKGROUND:Before I begin this article it is worthwhile to discuss the background behind this since as of today no professional as well dealer is sure about the consequences of
New scheme of education & training - Practical analysis
As per Srimad Bhagavad Gita, It is only change which remains forever and every other thing changes with the change. So true. More than 5,000 years ago, humanity got this divine knowledge which is becoming more and more rel
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