CAclubindia Articles


Modern Risk Management in Banks

Posted by CA Yogesh Satpute 16 August 2013 14236 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 31975 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 6654 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 27040 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



Excessive consumer attraction to Gold

Posted by Hari Iyer CA, MBA, CISA, FCPA 13 August 2013 6934 Views

History Gold has traditionally been used as a monetary exchange mechanism in most countries, however, by the 1930s, most countries left gold standard. The USA was the last country to issue gold coins in 1932.



Analysis of provisions of Companies Bill 2012

Posted by CS DHANAPAL 13 August 2013 13687 Views

PROVISIONS RELATING TO GOVERNMENT COMPANIES UNDER THE COMPANIES BILL 2012 Companies Bill 2012 which seeks to replace the Companies Act of 19 56 has brought with it dramatic changes in almost all arenas of company administration and management. The



Fraud under provisions of Companies Bill 2012

Posted by CS DHANAPAL 13 August 2013 13656 Views

STRINGENT PUNISHMENT FOR FRAUD UNDER COMPANIES BILL 2012 The Objective of any Company law is to help the development of Companies on healthy lines so at to attain the ultimate ends of the social and economic policy of the Government and also to eq



Tax on food

Posted by v. srikanth 13 August 2013 10995 Views

The Finance Act, 2012, which came into force on 1.6.12 has overhauled the laws relating to service tax by making sure that everyone pays service tax. Even your chauffer or your neighborhood auto rickshaw driver will be required to pay service tax in



Understanding Place of Provision of Services

Posted by Madhukar N Hiregange 12 August 2013 66807 Views

Place of Provision of Services Rules 1. Introduction Under earlier method of taxation(positive list based) the services which was provided in India was taxable. Section 66A was introduced to tax services which



Quantitative Easing

Posted by TIRTHA RAY 12 August 2013 9505 Views

What is it? Quantitative easing has, been one of the controversial terms ever created. Quantitative easing means buying of assets by a nations central bank in order to inject money into the financial system. Usually, centr




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