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CAclubindia Articles


An overview of Life Insurance Contracts

Posted by Victor J uruvath 18 August 2012 12144 Views

Introduction Insurance is a contract between two parties namely insurer and the insured (policyholder) whereby insurer agrees to indemnify or to pay a certain sum of money to the



Service tax on Director's remuneration payable by companies

Posted by CA Meenu Garg 18 August 2012 153224 Views

All the companies are required to pay service tax under reverse charge on any remuneration paid to its directors whether in the form of money or otherwise and thresh hold limit of Rs. 10 lakhs will not be applicable on such case. As per the ame



Transfer Pricing & Role of Company Secretaries

Posted by Jinesh Bhagdev 18 August 2012 18181 Views

A Company Secretary holds a key position in any Company as the Compliance Officer of the Company. A Company Secretary is responsible for all regulatory compliances of Company. A Company Secretary supervises the finalization of Annual Accounts of a



Preparation Tips for IPCC Exams

Posted by sureshraj 17 August 2012 154723 Views

Hellow students my name is suresh, first of all i am happy to express my heartiest congratulations those who achieved sucess in May 2012 IPCC examinations and let me wish them all the best in thier future activities.so my dear students who got negit



Functional Currency under IFRS and its Implementation

Posted by Sanjay Chauhan (IFRS) 17 August 2012 32717 Views

This article covers the Functional Currency aspect differentiating with Presentation Currency as laid in Ind AS 21 i.e. IAS 21, which is totally new concept when India converges to IFRS. Introduction India has laid do



Gold Mutual Funds

Posted by Sathya Sankeerth K N 17 August 2012 12918 Views

A gold mutual fund is like a mutual fund backed by gold as the underlying asset and would be held mostly in demat form. An investor would get a securities certificate issued by the mutual fund running the Gold Mutual Fund defining



The Power of Effective Communication

Posted by Member (Account Deleted) 16 August 2012 16361 Views

Speaking what the other wants to hear! A short True Story from our pre-historic times: In between the grand lunch, accompanied by Kings of all neighbouring Kingdoms, where the most exquisite and the tastiest foods



Lost Money In Stocks? Use it to Save Tax

Posted by CA MK Agarwal 16 August 2012 14517 Views

Lost money in stocks? Use it to save tax An important rule of investing is not to be swayed by market volatility. If you panic and sell your stocks when they are down, you may repent later. However, if the stocks you bought a few months ago are runn



The Role of short term sensations in the long term investment

Posted by Ramalingam K 14 August 2012 8850 Views

In the digital age, the current affairs reach our living room 24*7. The power of internet and social media makes the news and rumours spread like a wildfire. Because of this information overload we become so focused on details that we begin to ign



Provisions for Investments by banks

Posted by Member (Account Deleted) 14 August 2012 28052 Views

Allowability of provision made by banks for Investment Depreciation Reserve due to MTM for AFS & HFT and amortization of premium on HTM. Many banks are disallowed for the certain deductions which are to be made as per RBI statutory regulat




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