CAclubindia Articles

How NFRA is Increasing the Responsibility of Audit Committees in Corporate Governance?

Posted by CA Tushar Makkar 30 January 2025 436 Views

NFRA has been constituted as a quasi-judicial body with a larger remit than NACAS (National Advisory Committee on Accounting Standards).

The Power of Business Analysis & Chartered Accountants: Key to Sustainable Growth

Posted by CA Jaydeep Babubhai Vadher 30 January 2025 189 Views

Business analysis refers to the process of identifying business needs, problems, opportunities, and solutions to enhance organizational performance.

Navigating Global Markets: The Role of IEC Registration in Expanding Your Business Reach

Posted by jayshree das 30 January 2025 103 Views

This article will explore the importance of IEC registration and how it enables businesses to reach new heights by accessing global trade opportunities.

Legal Duties of an Auditor in Company Audits

Posted by Ishita Ramani 29 January 2025 364 Views

This article highlights the responsibilities of an auditor in company audits, the challenges faced by using auditors in India, and the significance of their role in ensuring compliance.

Why Chartered Accountants Must Embrace Modern Technology to Stay Competitive and Efficient

Posted by CA Jaydeep Babubhai Vadher 29 January 2025 221 Views

Chartered Accountants (CAs) should evolve with modern edge technology for several key reasons, as technology significantly impacts the accounting profession and...

Understanding Section 194T: TDS on Payments to Partners - FAQs

Posted by CA Rohit Sonar 29 January 2025 6900 Views

Section 194T is a new provision introduced by the Finance (No. 2) Act, 2024, effective from April 1, 2025. It mandates Tax Deduction at Source (TDS) on certain payments made by firms to their partners.

Budget 2025: What Can We Expect for Taxpayers, Businesses and Growth?

Posted by CA Jaydeep Babubhai Vadher 28 January 2025 523 Views

The Union Budget for 2025 will be closely watched by businesses, individuals, and various sectors for several key aspects. While predictions can vary, here are a few general expectations from the upcoming budget based on ongoing trends, economic indicators and previous years' patterns

Budget Preparation: A Step Towards Financial Discipline

Posted by CA Umesh Sharma 28 January 2025 499 Views

The Union Budget will be presented soon, and everyone is eagerly waiting for the finance minister's announcements. But why do people place so much importance on the budget? Does it really impact an individual's financial planning?

Sec 51 of GST Act: Deduction of TDS by Specified Persons

Posted by CA. Ashish Singla 28 January 2025 704 Views

If the recipient of goods or services is covered under the below-mentioned list, then TDS deduction liability will arise in the hands of the recipient

Middle-Class Relief: Will Budget 2025 Address Rising Living Costs?

Posted by Chaitra Seetharam 27 January 2025 545 Views

The Union Budget 2025 is highly anticipated, especially by middle-class households struggling with rising living costs due to inflation, housing affordability issues, and increasing expenses for essential services like education, healthcare, and transportation.