CAclubindia Articles

GST Amnesty Scheme proposed in 49th GST council meeting

CA Umesh Sharma 20 February 2023 at 14:12

GST Council Meeting held on 18th February 2023 recommended various GST amnesty schemes and certain changes in tax rates along with rationalization in Late Fees for Annual return were also proposed.

Legal Aspects of Foreign Investment in India by a Person Resident outside India in Unlisted Indian Company and its Compliances by Indian Companies

Harsh Jain 20 February 2023 at 10:30

In this article, we will discuss statutory provisions as to investment by a person resident outside India in unlisted companies and compliances undertaken by an Investee Company or Indian Company.

Highlights from the 49th GST Council Meeting: Key Decisions and Recommendations

CA Harshit Goyal 20 February 2023 at 10:30

The 49th GST Council Meeting was held on February 18, 2023, to discuss and make recommendations on several issues related to the Goods and Services Tax. The Council proposed several recommendations, including compensation for GST, GST Appellate Tribunal, capacity-based taxation, and special composition schemes for certain sectors.

Latest Update on GST Meeting held on 18th Feb 2023

MOHAN ARYA 20 February 2023 at 08:54

The 49th meeting of the GST Council was held on February 18, 2023, in New Delhi, under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.

Corporate governance: From afterthought to top priority

Mayank Jha 20 February 2023 at 08:54

India has made significant progress in recent years towards improving its corporate governance practices, but there is still room for improvement.

Audit of Charitable Institutions

Abhishek Kumar 20 February 2023 at 08:54

Charitable Institutions refer to those organizations which are constituted and worked for the purpose of public charity.

ESI Notice to New Companies: Impact on Business

Prakasha and Co 18 February 2023 at 07:37

The Employees' State Insurance (ESI) office has recently issued a notice to all factories/establishments registered through the MCA portal and obtained an ESI code number.

Key Changes in new ITR Forms for AY 2023-24

CA Rahul Mittal 17 February 2023 at 14:54

On February 10, 2023, the Central Board of Direct Taxes (CBDT) announced the tax return forms for the financial year 2022–2023. This year, ITR forms were announced in advance, which is a very positive step toward making compliance easier.

Legal Aspects for Appointment of subsequent Statutory Auditors and filling of Casual Vacancy in a Private Limited Company and Procedure

Harsh Jain 17 February 2023 at 08:59

In this article we will walk through the legal provisions of the Companies Act, 2013 (Act) and practical aspects to be taken care of in the process of appointment of subsequent Statutory Auditors and filling casual vacancy in a Private Limited Company to ascertain that the financial statements are free from material mis-statements

Important Basic Financial & Economic Concepts

CA AJIT YADKIKAR 17 February 2023 at 08:58

A common investor generally does not have profound knowledge of basic financial concepts. It is seen that people often use financial and economic terms loosely without understanding its proper meaning.