CAclubindia Articles

Fall of Rupee: Another entrepreneurship era?

Siddharth Maheshwari 30 August 2013 at 11:27

Fall of Rupee: Are we headed towards another Entrepreneurship era? When economists and socialists compare Indias economy to what it was before liberalization, leaving all the economic downturns aside, it brings a small smile to me. Not beca

What's Your Score?

TIRTHA RAY 29 August 2013 at 12:24

What is CIBIL? Credit Information Bureau (India) Limited or CIBIL is a Credit Information Company (CIC) founded in August 2000. CIBIL come to play a critical role in India's financial system. CIBIL collects and maintains records of an individual's pa

Provisions of the Companies Bill 2013 and the law making powers of the Parliament of India

Rajkumar Adukia 29 August 2013 at 11:50

OVERVIEW OF COMPANIES BILL, 2013 THE COMPANIES BILL, 2013 The review and redrafting of the Companies Act, 1956 was taken up by the Ministry of Corporate Affairs on the basis of a detailed consultative process. The Companies Bill, 2013 was passed

Whether or not the debentures are loans covered u/s 269SS

Rupesh Srivastava 28 August 2013 at 12:28

(2013) TaxCorp(LJ) 1637 (ITAT) Income Tax Section 271D, 269SS, 269T Whether or not the debentures are loans covered u/s 269SS F.Y 2004-05, the assessee company has shown 5171.40 crores under the head as Optionally Fully Convertible Debentures

How the World's reserve currency value is determined, and what decides putting a price on oil?

Anand Varma, FCA; FCS. 27 August 2013 at 12:41

Company secretaries, foreign currency managers, commodity traders, bankers, chief risk and investment officers, CFOs and Board members are often

New Insertions in Companies Bill 2012

CS Himangshu Kedia 27 August 2013 at 12:40

1. 3 One Person Company 2. 5 Articles may contain Provisions of entrenchment in the articles of association 3. 37 A suit may be filed or an action may be taken in case of misleading statement or the inclusion or omission of any mat

New Companies Bill, 2012 and Provisions relating to Corporate Social Responsibility

G S Rao 26 August 2013 at 18:03

Introduction: The much awaited Companies bill has been passed by both the houses of parliament. Now it requires the assent of President to become an Act and to

FAQs: E-Filing Audit Report

CA Sudhir Halakhandi 26 August 2013 at 17:42

After writing few articles of the intricacies of the E-filing of Tax audit report we are receiving regular queries from various fellow professionals, out of which we have selected some of the common questions which are being answered here for the be

Convergence of Accounting Standard

Mohit Lohia 26 August 2013 at 13:49

By all account well by most account its a done deal. After years of planning, world is heading towards convergence of accounting standard. It refers to the goal of establishing a si

Budgeting and Decision Making

CA.R.Jeyarajan 26 August 2013 at 13:49

BUDGETING INTRODUCTION: The most common method of creating a budget is to simply print out the financial statements, adjust historical expenses for inflationary increases, add some projected revenue adjustments and the instant budget is ready. The