CAclubindia Articles

Format of Financial Statements for Non-Corporate Entities

Posted by CA.Sangam Aggarwal 23 April 2025 3600 Views

Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) act as a pillar for sound financial reporting system of an entity.

Capital Gain on Mutual Fund: What Changed in FY 24-25?

Posted by Shreyans Panchal 23 April 2025 3 Views

Capital gains on mutual funds are of two types based on the holding period. Check out the latest changes related to rates and indexation.

Precautions after GST Registration

Posted by Venkatesh Neeli 22 April 2025 1845 Views

The rulers who are one side of the coin has brought GST into the implementation as a Good and Simple Tax from 1/7/2017 by conducting special parliament sessions on the night of 30/6/2017 off-course they are having a sleepless night on that day only.

Detailed Discussion on MSME 1

Posted by CS Divesh Goyal 22 April 2025 1721 Views

This initiative aligns with the provisions of the MSMED Act, 2006 and aims to safeguard the liquidity and sustainability of small businesses

Getting Late GST Registration? Hope to Get the Same Faster Now

Posted by CA Umesh Sharma 22 April 2025 660 Views

Arjuna (Fictional Character): Krishna, I heard that the Central Board of Indirect Taxes & Customs (CBIC) had issued new Instructions related to GST registra

RCM Under GST Explained: A Complete Guide for Businesses

Posted by CA Rahul Mittal 21 April 2025 5406 Views

Reverse Charge Mechanism was first introduced in the Service Tax Law. Now, the Government has incorporated RCM in GST.

Convergence - Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India: Part 2 - Inventories

Posted by Nitin Bhuta 21 April 2025 264 Views

In this article, the author has dealt with Convergence-Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India"vis-a-vis Inventories.

Income Tax Rates for AY 2025-26

Posted by CA Shiwali Dagar 21 April 2025 4788 Views

Explore the latest Income Tax Rates for AY 2025-26, including slab-wise details for individuals under the old and new tax regimes.

Procedure for Reclassification of Promoters

Posted by Affluence Advisory 21 April 2025 425 Views

Reclassification of promoters refers to the process in which the individuals or entities holding substantial shares in a Company or control over the Company, classified as "Promoters", are re-designated as "Public Shareholders".