CAclubindia Articles

Artificial Intelligence In Human Resources

Posted by Affluence Advisory 19 November 2024 317 Views

Human Resources (HR) is one of the most crucial departments in any organization, responsible for managing the most important asset: the people.

Understanding the New IMS (Invoice Management System) on GST Portal

Posted by CA Umesh Sharma 19 November 2024 1463 Views

IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices pending based on the records uploaded by their suppliers in GSTR-1 or IFF. This gives recipients control over their Input Tax Credit (ITC) eligibility before filing GSTR-3B.

ITR is Statutory Document that must be considered while deciding Compensation

Posted by FCS Deepak Pratap Singh 18 November 2024 264 Views

The ITR (Income Tax Return), which is a statutory document, is required to be considered for the purpose of assessing the income of the deceased, which is inclusive of perquisites and allowances, in the light of judgment rendered by Hon'ble Apex Court in the case of Meenakshi v. Oriental Insurance Co. Ltd.

Challenges Faced By Small and Medium-Sized Enterprises in 2024

Posted by Ishita Ramani 18 November 2024 392 Views

In this article, we elaborate the challenging situations faced by Small and Medium-sized businesses, supplying insights and ability solutions.

AI's Role in Revolutionizing Compliance and Regulatory Reporting for Chartered Accountants

Posted by CA Aditya 18 November 2024 384 Views

This article explores the practical applications of AI in accounting, highlighting how these technologies improve efficiency, reduce errors, and ensure adherence to ever-changing regulations.

Cost Audit Applicability for Small and Medium Enterprises (SMEs)

Posted by Ishita Ramani 16 November 2024 593 Views

This article explores the cost audit applicability for SMEs, its benefits, and the criteria that determine its relevance.

Whether Borrowing From Directors is Related Party Transaction

Posted by FCS Deepak Pratap Singh 16 November 2024 338 Views

The provisions related to Vigil Mechanism is contained in Section 177 (9) and (10) of the Companies Act, 2013 (the Act) read with Rule 7 of the Companies (Meetings of Board and its Powers) Rules, 2014.

Remuneration for Company Directors

Posted by Mitali 15 November 2024 15453 Views

Director's remuneration refers to the compensation or payment that directors of a company receive for their services and responsibilities. Remuneration for directors (including managing or whole-time directors) is decided by the articles of the company or by a resolution in a general meeting.

Process to Approve EPF KYC by Employer

Posted by Mitali 15 November 2024 26664 Views

Updating KYC information is crucial for various purposes, such as Transfer claims, Advance Withdrawal claims, and Permanent Withdrawal claims. Without updated KYC, these claims cannot be processed.