CAclubindia Articles

Budget 2025: No Income Tax on Rs 12 Lakh - A Revolutionary Step for India's Economy

Posted by CS Rakesh Chandak 26 February 2025 650 Views

The Union Budget 2025 has brought a significant reform-exempting individuals earning up to Rs 12 lakh per annum from paying income tax.

Exception-Based MIS Reporting: A Smarter Approach to Decision-Making

Posted by Sundaran.D 26 February 2025 253 Views

Management Information Systems (MIS) play a crucial role in data-driven decision-making within organizations. Traditional MIS reporting often involves generating and analyzing vast amounts of data, making it time-consuming and inefficient.

Capital Levels of Banks and NBFCs: Resilience amid Stress Scenarios

Posted by Affluence Advisory 26 February 2025 129 Views

The Reserve Bank of India’s (RBI) recent stress test results reveal a robust financial system, with capital levels at banks and Non-Banking Financial Comp

Can a Strike-Off LLP Be Revived? Process and Legal Aspects

Posted by Ishita Ramani 26 February 2025 176 Views

This article shall discover the Reasons for Revival of a Strike-Off LLP and its processes.

Where Should Your Savings of Tax Go?

Posted by CA Umesh Sharma 25 February 2025 218 Views

ow, anyone earning up to ₹12 lakh won't have to pay any tax. This change helps taxpayers save between ₹35,000 to ₹1,10,000 depending on the income level, putting more money in their hands and giving major relief to the middle class.

Late Intimation Of Claim Would Not Disentitle A Claimant To File Claim

Posted by FCS Deepak Pratap Singh 25 February 2025 205 Views

As to whether the delay in informing the occurrence of the theft of the vehicle to the insurance company, though the FIR was registered immediately, would disentitle the claimant of the insurance claim.

TDS Rate Chart for FY 2025-26 (AY 2026-27)

Posted by CA Aman Rajput 24 February 2025 18221 Views

TDS Section ListNature of PaymentThresholdIndividual or HUFOthers192Payment in form of salary₹ 2,50,000Slab RatesSlab Rates192A(Note 1)Employee Provident Fund ...

Analysis of Recent Amendment to Section 34(2) of the CGST Act, 2017 in Finance Bill, 2025

Posted by Pooja Garg 24 February 2025 2416 Views

Clause 121 of the recently announced Finance Bill, 2025 has introduced a significant change for suppliers under the GST.

Forensic Audit and Company Secretaries (CS)

Posted by FCS Deepak Pratap Singh 24 February 2025 252 Views

"Forensic" means using scientific methods/tests to find out about a crime or facts of crime.

Agreement to Sell vs. Sale Deed - Key Differences & Legal Insights

Posted by Affluence Advisory 22 February 2025 514 Views

The terms "Agreement to Sell" and "Sale Deed" are used very loosely and sometimes interchangeably, not only in conversations but also during negotiations and documentation/s.