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CAclubindia Articles


Cost Audit Compliance

Posted by Rajat Poddar 05 January 2013 67982 Views

Companies (Cost Accounting Records and Compliance) Rules, 2011 In respect of Companies engaged in production, procession, manufacturing or mining activity, and falls any one of the following category: Net Worth of Rs. 5 Crores or more; Turno



ESIC in detail

Posted by @VaibhavJ 05 January 2013 152785 Views

Employee State Insurance (ESIC) Act, 1948 Objective The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. The major objective of the Act was to provide certain benefits to employees in ca



Enormous Opportunities of Employment?

Posted by Durga Rao 05 January 2013 16314 Views

Students pursuing courses like MBA, CS, CA etc. do know that they have enormous employment opportunities in India. Chartered Accountants (CA), Companies Secretaries(CS), Industrial Bodies/Associations, ICSI & ICAI do concentrate much on enligh



Life after CA

Posted by CA Priyank Singhi 05 January 2013 96404 Views

The day I became a Chartered Accountant, was undoubtedly the best day of my life. More than me though, I guess my parents and family members were thrilled. The most important dream at that stage of my career had been fulfilled. DREAMS DO COME TRUE



Hedging Foreign Currency Firm Commitments

Posted by Sanjay Chauhan (IFRS) 03 January 2013 20822 Views

Introduction Institute of Chartered Accountants of India (ICAI) had come out with an announcement in February 2011, on Application of AS 30, Financial instruments: Recognition and Measurement. It was clarified that the prepares of Financial S



Recovery of Confirmed Demands in pendency of Stay appeal

Posted by Bimal Jain 03 January 2013 9380 Views

Recovery of Confirmed Demands‏ during pendency of Stay applications CBEC has issued its first Central Excise Circular No. 967/01/2013 - CX, dated January 01, 2013 on eve of New Year 2013, for recovery of confirmed demands during pendency of Sta



5 Things CFOs Should Do In Planning Process

Posted by Sonia Jaspal 03 January 2013 20601 Views

In December, senior management focuses on formulating strategies. Department heads prepare business plans and budgets. Risk management departments define the next years agenda and plans. Everyone works hard at planning and preparing for the



Capital gain - Exemption u/s 54 & CG Scheme account

Posted by CA Neil Ganatra 02 January 2013 44429 Views

Capital Gain Exemption & Capital Gain Account Scheme Sec. 54 (2) of the Income Tax Act provides as under: The amount of the capital gain which is not appropriated by the assessee towards the purchase of the new asset made within one year



Commerce = CA & Don't Lose Heart

Posted by CA Priyank Singhi 02 January 2013 25623 Views

A commerce student has very few options when he/she is about to leave school and enter the so called The Real World. Unlike a science student who can take up n number of engineering courses and get a job even before he



Foreign Direct Investment in India (FDI)

Posted by Rajat Poddar 02 January 2013 31480 Views

Foreign Direct Investment (FDI) is permitted as under the following forms of investments Through financial collaborations. Through joint ventures and technical collaborations. Through capital markets vi




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