CAclubindia Articles
Forex Market in India
BASIC INTRODUCTION OF INDIAN ECONOMY India has seen a systematic transition from being a closed door economy to an open economy since the beginning of economic reforms in the country in 1991. These reforms have had a far-reaching impact and have h
Rising India with powerless India
Uncertainties emanating from the ongoing euro area sovereign debt crisis, the downgrade in the outlook of several advanced economies kept the international markets volatile for most of 2011-12. Higher market volatility was witnessed after the downgr
How to adjust excess service tax payments
According to the Proviso of sub-rule (1) of Rule 6 of the Service Tax Rules, 1994 reads, Provided also that the service tax on the value of taxable s
Assessment & Refund under MVAT Act
Assessment & refund Under MVAT Act, 2002 Introduction: From the time MVAT Act has come in force hardly any Assessment Orders were passed, only Refund Orders were generally passed in case of Refund cases,
A small mistake that could ruin your investments completely
Do you remember what you did before buying your first bike? Made a research on various brands, looked at the trend of each brand & the product on how they worked and chose the best one you liked, right? Even though, your bike helps you to trav
10 Things you may not know about PPF
One of the popular, preferred, and preeminent tax saving investments is PPF Public Provident Fund. We all know about PPF. Do we know all about PPF? Let us discuss in detail about PPF in this article and understand it comprehensively and comp
A new way to do tax planning and why hardly anyone "gets it"
It really hurts to see a large pie of the salary cut towards tax. So the obvious question in everyones mind is How do I reduce my tax?. Every year we are forced to invest in something which reduces our tax liability. It may be N
Sec 54 benefit: Exchange of Old Flat under redevelopment
Hello Friends, there are many Redevelopment of Buildings cases are coming up and thus would like to write an Article on the above, wherein Old Flats are Exchange with New Flats along with cash or other consideration under the Redevelopment Agreement
Credit Reversal on Trading of Flats- Questions that remains unanswered
Introduction:- This is a court of law, young man, not a court of justice. This phrase by Oliver Wendell Holmes, Jr. is remembered by every person who loses in court of law despite being genuine and working in boundaries of la
Finish Costing - FM Paper in 3hrs - IPCC
May be when you travel alone, 3hours pass too long. But when you start writing a costing paper 3hrs always run so fast. Many of the students find it difficult with the Costing Paper even when they are able to crack the other papers quite easily. One
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