CAclubindia Articles

Tax Planning Tool to reduce cost - Indirect Taxation

Posted by Madhukar N Hiregange 19 August 2013 18100 Views

Tax planning needs to be differentiated from tax evasion wherein one suppresses recording his sales/ services or undervalues the same deliberately. T

FAQ - Service Tax Voluntary Compliance Encouragement Scheme

Posted by CA RITUL PATWA 16 August 2013 40608 Views

Service Tax Voluntary Compliance Encouragement Scheme, 2013 has been proposed by the Finance Minister in budget for the year 2013-14, to encourage the defaulters of Service Tax, who have not declared and paid the Tax Due for the peri

Ways to handle this volatile Forex Market - The Basics

Posted by TIRTHA RAY 16 August 2013 9350 Views

RBI must intervene and bring the rupee down to Rs 55 is the sound of every corner of the corporate houses. It is erroneous to wait for a Central Bank to intervene. One should have well-developed-articulated management policy that whenever the exposu

How Independent are you?

Posted by Ayyswariya RG 16 August 2013 10504 Views

First of all , Wishing you all a Happy independence day! Let us thank and take a bow for our freedom fighters (Real Heroes) because of whom we are independent today! *Taking a bow and saluting* How Independent are you? Are you really Independe

CSR Under Companies Bill 2012

Posted by Vijay Kalia 16 August 2013 19692 Views

CSR Under New Company Bill 2012: The Companies Bill 2011 was introduced in the month of December, 2011 in the Parliament and referred to Parliamentary Standing Committee on Finance which submitted its report in June, 2012 based on which the Bill of

Waiver of Loan Interest Loss Tax and Accounting Effect

Posted by Pankaj Gandhi Jaiswal 16 August 2013 27941 Views

Waiver of Loan Interest Loss Tax and Accounting Effect By Notional Figure I am dissecting the Difference as a waiver of Loan and OTS amount as per below. Total Waiver- 1- On account of Principal Amount of TL- 50 CR 2- On Account

Modern Risk Management in Banks

Posted by CA Yogesh Satpute 16 August 2013 14233 Views

Risk is the potential for the occurrence of a loss (potential negative effect on an asset that may derive from given processes in progress or given future events.), but importantly risk attaches to i.e. risk cannot be separated from gr

Impact of Companies Bill on a Private Limited Company

Posted by CA. Kunal Lakhotia 16 August 2013 31972 Views

Impact of Companies Bill 2012 passed by Rajya Sabha on a Private Limited Company The maximum number of members in a private company has been increased from 50 to 200. This will definitely cheer up the corporate world as it enables the private co

Individuals allowed to invest in foreign securities

Posted by CA. Anuj Gupta 16 August 2013 6652 Views

A resident individual (singly or along with another resident individual or with an 'Indian Party' as defined in FEMA Notification) satisfying the criteria as enumerated below, may make overseas direct investment in the equity shares and comp

Compounding of offences under Companies Act 1956

Posted by P C Agrawal 13 August 2013 27038 Views

Section 3(38) of General Clauses Act 1897 defines offence as any act or omission made punishable by any law for the time being in force. Section 2(n) of Criminal Procedure Code 1973 (CrPC) also defines &lsq