CAclubindia Articles

Salient Features of FCRA

Posted by Pravin Gupta CS 15 March 2013 26953 Views

FOREIGN CONTRIBUTION REGULATIONS The Foreign Contribution (Regulation) Act, 2010 has come into effect from May 1, 2011. The Foreign Contribution Regulation Act has come into force under which no political party can receive foreign funds as don

Income for putting Advertisement on your website

Posted by CA Neil Ganatra 15 March 2013 10586 Views

Income for putting Advertisement on your website + Section 44AD Nowadays many people are using their own website as the source of their income. The income is for allowing other brands to put advertisements on website. The brands are interested

My Articleship Interview Expereince at Ernst & Young

Posted by CA girl 14 March 2013 151567 Views

Dear All, I just wanted to share my interview experience with you all. I really worked hard to get a call from the company as I did not have any references. I applied to the audit division. Initially there was an aptitude test with the follo

FAQs on Fast Track Exit Mode

Posted by Kumar A. Ranjan 14 March 2013 10198 Views

What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956 i

Reverse Charge Mechanism: Clarifications still needed

Posted by Pradeep Jain 14 March 2013 49694 Views

Introduction:- Around a year back, the budget of previous year proposed the service tax by way of negative list which was implemented w.e.f. 1.7.2012. This is the milestone date which transformed the service tax law by implementi

Why Arbitration is not effective in India?

Posted by G S Rao 13 March 2013 15287 Views

Introduction: Courts in India are overburdened with a large number of cases and their disposal takes long time. Therefore a need was felt for a faster dispute resolving mechanism in commercial disputes. Thus Arbitration Act, 1940 was enacted wit

Independent Director's role for effective Board Room!

Posted by Kannan Iyappan 13 March 2013 8657 Views

Independent directors are known to bring an objective view in board deliberations. They also ensure that there is no dominance of one individual or special interest group or the stifling of healthy debate. They act as the guardians of the interest

XBRL- Basics

Posted by CA Abhishek 13 March 2013 21406 Views

What is XBRL? XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business in

Five Reasons to invest in Debt Funds

Posted by Ramalingam K 13 March 2013 9606 Views

Though debt funds have got their own advantages, they are mostly ignored by common investors. Debt funds have got a unique place in your portfolio. Here are five simple situations, in which debt funds can be used by prudent investors. 1) To m

Your intelligence can be a handicap?

Posted by Durga Rao 11 March 2013 17008 Views

When a student pursues his academics well, is hard-working and is getting good grades, then, everyone appreciates him or her. Then, even the friends will give all the recognition, parents will feel very proud of and relatives also openly appreciat