CAclubindia Articles

Practical Aspects of CSR Compliance

Posted by Arpit Shah 05 March 2014 10972 Views

Applicability: If the company has Net Worth of Rs. 500 crore In any of the closure of FY in 2013-14, 2012-13 & 2011-12 Turnover of Rs. 1000 crore Net Profit of Rs. 5 crore Then the compa

Whistle Blowing / Vigil Mechanism under Sec. 177 of CA, 2013

Posted by CS M.Kurtrala Nathan 05 March 2014 67565 Views

Introduction:The term whistle-blowing originates from the practice of British policemen who blew their whistles whenever they observed commission of a crime. Whistle blowing means calling the attention of the top management to some wron

CSR- The New Mantra for Corporates

Posted by Vandana J Doshi 04 March 2014 12751 Views

The historic Companies Bill which had received the Presidents assent on 29th August, 2013 and became the Companies Act, 2013, (hereinafter the new Act) by notification in the Official Gazette, on 30th August, 2013, had initially

The Companies Act, 2013 - Provisions relating to contribution to political parties

Posted by G S Rao 04 March 2014 81493 Views

Introduction: Political parties in India extend favors, for those who contribute them with hefty donations, when they come to power. Before elections donors have to keep both prominent parties in good spirit so that their future interests are balance

3 Serious Investment Hurdles and how to overcome them?

Posted by Ramalingam K 04 March 2014 7207 Views

Ever seen a hurdle race? Noticed how the athlete concentrates on overcoming the hurdles? How they time their leap at the right moment to sail smoothly over them? For these people the barrier is just a physical obstacle and not a mental one. It is the

Analysis of Provisions on Statutory/Cost/Secretarial Audits & Auditors

Posted by CA Nitesh Kumar More 04 March 2014 26130 Views

THE COMPANIES ACT 2013(Chapter X- Sections 139 to 148 & 204) About the Act The long-awaited new Companies Bill 2012 has at last seen the light of the day as The Companies Act 2013 (Act No.18 of 2013) with its publication in the Gazette of India E

Credit Facilities of Banks

Posted by CA Rishi Goyal 03 March 2014 18478 Views

Credit Facility is an agreement with bank that enables a person or organization to be taken credit or borrow money when it is needed.All types of credit facilities may broadly be classified into two groups on the basis of Funding1. Fund Base Credit 2

Why high inflation is bad for economy?

Posted by Satvir Singh 01 March 2014 17688 Views

Inflation is buzz word these days. Infact it remains a buzz word most of the times. India is currently going through a phase of high inflation, which is why words controlling inflation crop up quite often in Government & RBI policie

The Day and the Way I cleared CA

Posted by Anurag Pandey 01 March 2014 65249 Views

THE DAY AND THE WAY I CLEARED CHARTERED ACCOUNTANCYYeeessssssssssssssssss I am a CA !! I shouted This was my first reaction when I heard that I have cleared both groups of CA Final in Nov2012 attempt. It was 21st Jan2013 and I w

Restriction of ITC on iron and steel under Punjab VAT

Posted by Amit Bajaj 01 March 2014 14763 Views

I had prepeared representation on behalf of Iron and steel industry in Punjab, which has been filed with the Punjab Government for withdrawl of latest notification dated 01.02.2014 regarding restriction of input tax credit on iron and steel goods to