CAclubindia Articles

Income Tax Exemption on Gratuity

Posted by VISHAL BANSAL 02 May 2024 19225 Views

Introduction:Gratuity is a monetary benefit given by employer to his employee after rendering a service of minimum of 5 years or more in his establishment. Grat...

Form 60 and Form 61

Posted by Nikita Agarwal 02 May 2024 5902 Views

Form 60 and Form 61 are used in India for certain financial transactions. Form 60 is used when an individual does not have a Permanent Account Number (PAN) and is carrying out specified transactions that require PAN. It is a declaration of identity and address.

Statutory Auditors' Role in Detecting and Reporting Fraud in Companies

Posted by CA Rakesh Ishi 02 May 2024 1367 Views

In this article, we delve into the statutory auditors' responsibilities concerning fraud in a company, emphasizing the importance of vigilance and adherence to regulatory mandates.

Comprehensive Guide to Inter-State and Intra-State Supply

Posted by Ishita Ramani 02 May 2024 1432 Views

In the Goods and Services Tax (GST) system, whether a supply is classified as intra-state or inter-state depends on the locations of the supplier and the recipient. This classification determines whether integrated tax or a combination of central and state tax is paid.

Navigating PPF Accounts: A Guide for NRIs

Posted by CA Arun Tiwari 02 May 2024 237 Views

NRIs often wonder if they can continue operating their PPF accounts while abroad. In this article, we'll explore this question, simplifying complications to provide a comprehensive understanding.

TDS: A Bird's-Eye Summary

Posted by CA Anoop Kumar Sharma 01 May 2024 3191 Views

In this article, we try to explore the TDS rate and provision in summary mode.

Gold Price in India

Posted by Mitali 01 May 2024 4498 Views

Gold, in Indian history is more than an investment, it is a culturally significant metal which has found a place in Indian hearts and homes alike.

Integrated Reporting Concepts And How To Get Started

Posted by CA Amrita Chattopadhyay 01 May 2024 262 Views

Recently, numerous companies have been forced to shut down, resulting in widespread layoffs across the corporate world. These layoffs not only impact employees ...

The Great Tax Escape: Saving Every Single Penny

Posted by CA Pallav Singhania 01 May 2024 1083 Views

Let's embark on a journey together to navigate the world of taxes and find ways to minimize your tax, especially if you're earning up to 10 lakhs in India. Taxes can be overwhelming, but with a bit of know-how and a friendly guide, you can tackle them like a pro. So, grab a cup of chai and let's get started!

Navigating the MSME Terrain: Insights from a Consultant's Perspective in India

Posted by Sundaran.D 01 May 2024 201 Views

As a consultant entrenched within the realm of Indian MSMEs, it's both riveting and enlightening to explore their challenges, opportunities, and the evolving ecosystem enveloping them.