CAclubindia Articles

Goods and Services Tax (Malaysia)

Posted by Nagesh Bajaj 08 October 2011 14667 Views

Goods and Services Tax in Malaysia may be implemented by the Malaysian Government somewhere in the third Quarter of 2011. 4% GST will replace the current sales and service tax currently levied at rates between 5% and 10%. Companies with revenue RM

"Stay Invested"- Bad Advice?

Posted by supreeth sm 04 October 2011 7951 Views

Start early, Retire early! These are dangerous time for investors.Warren Buffet said that "a rising tide lifts all boats" but the corollary is also true: a falling tide reveals rusting bed frames and all sorts of

XBRL An effective tool

Posted by CS Pankaj Khanna 04 October 2011 7056 Views

XBRL- Providing A Big Leap In Financial World With the advent of XBRL the process can be expected to be smooth and will be beneficial in the long run. The management of the company,

Inflation trouble - What is it and why does it happen?

Posted by CA Karishma 04 October 2011 10844 Views

BASICS OF INFLATION: "Inflation is the overall or specific increase in the cost of a good or service." Thank you, Mr. Dictionary. Inflation is when your mom or dad complains about the prices they have to pay nowadays compared to what they

Professional role

Posted by G soni 04 October 2011 6425 Views

Objective The objective of this article is not to guide any professional about his responsibilities but to share some of my thoughts about the responsibilities as a professional. I was wondering during my earlier days of practice

Easy Understanding of Rule 6 of CCR

Posted by CA PRAMOD SARAOGI 01 October 2011 40613 Views

EASY UNDERSTANDING OF RULE 6 OF CENVAT CREDIT RULES 2004 FOR CA FINAL STUDENTS NOVEMBER 2011 Hi students you must be aware that a number of changes have been brought about in CENVAT Credit Rules, 2004 and more partic

Frequently Asked Questions (FAQs) on Exemption in a Paper/s

Posted by manjula 01 October 2011 11024 Views

Please note that this paper is merely an attempt to provide answers to questions on the subject, posed to us, by the candidates from time to time, to the extent possible and with reference to the extant scheme of examination. However, this compilati

Buy Back of shares - Who is benefited the most?

Posted by CS Advocate Abhishek Goyal 29 September 2011 32787 Views

BUY BACK OF SHARES- WHO IS BENEFITTED THE MOST? CS Abhishek Goyal As we are aware, Indian companies were not allowed to repurchase its own securities prior to coming into force of Companies (Amendment) Act, 1999. The said amendment inserted new s

Tax Planning On Sale of House Property

Posted by Guest 28 September 2011 36063 Views

Penny Saved is the Penny earned. Whenever a person sells any property, he has to pay income tax on the gain he earned. This gain is the difference between the sale price of the property and the purchase price of the proper

Pension Overview

Posted by nandini mishra 28 September 2011 118573 Views

Pension: - As per Section 17 (1) (ii) of the Income Tax Act, 1961 pension is a payment made by the employer after the retirement/ death of the employee as a reward for past service. Who is eligible for pension/family pension: -