CAclubindia Articles

An overview of Life Insurance Contracts

Posted by Victor J uruvath 18 August 2012 12195 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 153272 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 18203 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

Gold Mutual Funds

Posted by Sathya Sankeerth K N 17 August 2012 12936 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

Functional Currency under IFRS and its Implementation

Posted by Sanjay Chauhan (IFRS) 17 August 2012 32752 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

Preparation Tips for IPCC Exams

Posted by sureshraj 17 August 2012 154781 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

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

Revised Schedule VI - An Overview

Posted by Aravind.. 13 August 2012 56337 Views

What is the primary objective of a financial statement? A financial statement is the language of a business through which it communicates. It is a summary of the business performance for a defined period. A summary always req

Interest on Refund:Ranbaxy Case

Posted by vishal mishra 13 August 2012 18247 Views

RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl

CPT- Can Pass Through! :)

Posted by Priyavarshini Jagannathan 13 August 2012 27490 Views

*Tring Tring Tring Tring* "Hey 1147/1200. Gethhhh dii" is the EPIC NEWS if my Life which I got when I was in my 12th Grade.! I wasn't happy about it though, as "U missed a CENTUM, by 1 mark in Commerce, by 2 marks in Accountan