CAclubindia Articles
The economy of influence
As dirt is said to be matter that is in the wrong place, so corruption is money lodged where it shouldnt be: displaced from the world of commerce, where it rightfully belongs, and into democratic politics. The type of corruption we in Ind
FAQ on Peer Review Board
ICSI Guideline No. 1 of 2011 - Guidelines for Peer Review of Attestation Services by Practicing Company Secretaries FAQs on Peer Review 1. What is Peer Review? Ans. Peer Review is a process used for examining the work performed by ones
Do You Do Your Regular Financial Check-ups?
Just start the financial check-up: Noel Whittaker said, Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investm
How CA profession changed in 2011
We cannot (yet) travel in time, so only time can test my predictions of how the CA profession will evolve. However, so many exciting changes are happening(we live in interesting times) that I just had to pen down my thoughts to connect the dots.
Introduction to Service Tax Legislation
I. CONSTITUTIONAL BACKGROUND Article 265 of the Constitution of India read as: "No tax shall be levied or collected except by authority of law" This implies that the Government (whether central or State) can levy tax o
My Ideas on relation with anybody
It should not dismantle the basic values of respect as a human being. Mainly,it should not be felt that we deceive our parents. It should not disturb your career---however your career prosper when u are in relation the same must be continued.
Service Tax for CA students - Basics, History & Administration
I. TYPES OF TAXES. Taxes can broadly be classified into two categories: (a) Direct Taxes: Direct Tax means a tax on property in respect of ownership, possession, or enjoyment of property. Direct taxes are those, which the taxpayer p
Is Dual Qualification a Guarantee for professional success
Dear Friends, One of old Caclubindia member asked me 2 queries as listed below. As per my understanding there queries are very important for career point of view and many aspirants can identify themselves with the given questions. Hence I thought
Supreme Court Partial Stay on Service Tax on 105(zzzz)
The service tax is dealt with the finance act and is the levy which is not having own act. The task of administartion is entrusted to the Central Board of Excise and Cutoms.When the service tax imposition was first ever started in India no body have
All you wanted to know about Mutual fund ELSS
There are so many tax saving investment options; how Mutual fund ELSS Schemes stand out from all other options? A Mutual Fund ELSS is similar to diversified equity funds. That means the fund manager can invest in shares of various companies across
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