CAclubindia Articles
Is collateral security necessary for bank loans?
The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, the Banking Regulation Act, 1949 was amended. The steps taken by amending the B
A Brief note on MCA's Green Initiative Circulars
MCAS Green Initiative; In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has taken a Green Initiative in the Corporate Governance by allowing pap
Holding of Board Meetings through Electronic Mode
Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor
Amendment in the process of issue of TDS Certificate
The Department of Income Tax of India make amendment in the process of issue of TDS certificate by CIRCULAR NO. 3/2011 [F. NO. 275/34/2011-(IT-B) DATED 13-5-2011. Section 203 of the Income-tax Act 1961 ("the Act") read with the Rule 31
How competitive does CA make us for top 'finance' roles?
ICAI constantly markets CAs as 'partners in national building', 'trusted business advisors' etc. I guess if we discharge the audit/certification function properly, help the Governments switch to accrual accounting and help in monitor
Begin With Your Strength to Achieve The Excellence
This is the text of the speech which was delivered before CS students on 20 06 2011 at Nalanda School of Management, Surat during EDP Training. . BEGIN WITH YOUR STRENGTH TO ACHIEVE THE EXCELLENCE . Dear Friends . A very Good Morning to all.
Introspection & Positive thinking?
I have observed my friends in Law College and I am still in touch with many of them. As I like and respect education and talent, whenever time permits, I used to discuss with students and wants to know his planning and thoughts. When I realize th
A Brief Note on Mandatory Annual filing in XBRL format
A Brief Note on Filing Annual Financial Statements in XBRL Format Background: Ministry of Corporate Affairs (MCA) vide its General Circular No 09/2011 has
A Student can think more?
Many a students pursuing professional courses like CA and CS focus on their syllabus, revision and the focus remains on completing the course. These students feel that they are secured once they complete their course and there can be exceptions.
OTC Forwards and Options - In Practice
OTC Forwards and Options In Practice Foreign Exchange Management involves a combination of hedging as well as profit making at the opportune time (subject to permission by regulator). Unless a country has pegged the domestic currency in te
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