CAclubindia Articles
Laws related to NRIs in India
12 POINTS TO KNOW FOR NRIS/TO BE NRIs 1. NRIs whose taxable Indian Income exceeds basic exemption limit or who have earned short-term or long-term capital gains from sale of any investments or assets are liable to file income tax return in In
Direct Investment by Residents in JV & WOS Abroad - (FEMA)
Adit 12.00 The Date of 24th July of 1991 is taken as a turning point in the history of the Industrial Develop
Challenges of GST
The actual challenge before the Finance Minister is not of drafting a model GST but of its proper implementation and smooth transition from the prevailing system. The challenges which the Government has to face in introducing GST are as follows:
Mining ban: Will steel industry buckle?
Indian steel industry is going through tough times. The demand for steel is slowing down because rising interest rate is slowing down spending on infrastructure sector which is the largest consumer of steel. This coupled with rising raw material cos
Circular Resolution - When & How
CIRCULAR RESOLUTION (SEC 289) As per the provisions of The Companies Act 1956 & Secretarial Standards a
Taxation of works contract services under Service Tax
Works contract services were brought into service tax net by the Finance Act, 2007, w.e.f 01-06-2007 vide notification No. 23/2007-ST, dated 22-05-2007. Works contract in general terms can be understood as a contract which involves transfer of prope
How to control our anger
Often we hear the news of suicides by people for various reasons. Many growing youths commit suicide for the reasons of failures in their exams, love, etc. what are the reasons behind this. Really a failure in exam or love
Taxation of Hawala Transaction Under Vat
Hawala dealers are registered dealers. These dealers do not carry on business, but they provide false bills signed by them. They issue C forms and other requi
A man is known by company - A professional is known by his clients
There are always to side of coin. One side we are accusing the authorities for ramp corruption. But whats the side of business worl
What's the rate beyond which inflation hurts growth?
RBI Working Papers: Why Persistent High Inflation Impedes Growth? An Empirical Assessment of Threshold Level of Inflation for India by Sitikanta Pattanaik and G.V. Nadhanael. Inflation Threshold in India: An Empirical Investigation by Deepak Mohan
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