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CAclubindia Articles


Income Tax Updates: 6 Budget 2024 Rules Effective 1st October

Posted by Chaitra Seetharam 30 September 2024 3564 Views

Finance Minister Nirmala Sitharaman has announced that the Budget 2024 has introduced several significant amendments to the Income Tax Act of 1961, which will come into effect on October 1, 2024.



Closing Your NRO Account After Returning to India

Posted by CA Arun Tiwari 30 September 2024 263 Views

In this article, we'll explain why you need to convert your NRO account into a regular savings account, how to do it, and what other financial steps you should consider.



Reporting on Audit Trail in the Statutory Audit Report

Posted by Ramesh Agrawal (LL.B , CA) 30 September 2024 11654 Views

From the Financial Year 2023-24 the Auditor is duty bound to report on Audit Trail. For reporting on Audit Trail there can be 3 situations for the Auditor. In each situation reporting language will be different.



Archived GST Return Data Restored - Don't Miss Out

Posted by Mitali 30 September 2024 520 Views

GST Return Data which have been archived earlier it has been restored now. 



Chennai's Property Tax Hike: GCC Approves 6% Increase

Posted by Niyati 28 September 2024 497 Views

The Greater Chennai Corporation (GCC) council on 27th September 2024, approved to raise property tax at a rate of 6%.



Important Changes From 1st October 2024 In PPF Rules

Posted by Mitali 28 September 2024 5651 Views

PPF is a government scheme in India designed to encourage long-term savings investments. 



Financial Concurrence in Public Sector Undertakings (PSU)

Posted by CA S K Mishra, FCA, FCMA , MBA 28 September 2024 991 Views

In Public Sector Undertakings, powers are delegated to the officers by the management as per departmental guidelines. Financial concurrence power is exercised by officers within an organisation as per Delegation of Power (DOP).



What are Key Financial Indicators that Influence Credit Rating?

Posted by J. D. Shah Associates 28 September 2024 652 Views

Here, we will explore key financial indicators that professionals and entrepreneurs should focus on to influence their credit ratings positively



Role of the Board of Directors in Share Transfer and Transmission of Shares

Posted by Ishita Ramani 28 September 2024 200 Views

This article delves into the obligations and features of the Board concerning the Transfer and Transmission of Shares



How to Claim Capital Gain Tax Exemption on Redevelopment Projects?

Posted by Chaitra Seetharam 27 September 2024 3258 Views

Section 45 of the Income Tax Act, 1961, provides that any profits or gains arising from the transfer of a capital asset effected in the previous year will be chargeable to income tax under the head 'Capital Gains'. 




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