CAclubindia Articles

Case Study on Competition Act, 2002

FCS Deepak Pratap Singh 29 August 2022 at 08:48

The Preamble of Competition Act, 2002 provides that "An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets

Can banks freeze a customer's account for non-compliance with Re-KYC (KYC review)?

Shivaprasad Laxman Chhatre 29 August 2022 at 08:41

Neither RBI on its own can direct, a partial or total freeze of Re-KYC due (non-compliant) bank account nor it can delegate such authority to any bank/branch to impose such a freeze. RBI has formally confirmed that the directions it had given in Sept 2014 were applicable before the amendment on 20th April 2018.

PPF: Savings cum tax saving investment and its latest rules

FCA surbhi jain 27 August 2022 at 14:42

PPF is one of the best long term investment options with attractive rate of interest and returns on investment for the individuals who have low risk appetite. It can also be called as savings cum tax savings investment option to save taxes and earn guaranteed returns.

Penalty for non-maintenance of registered office

Affluence Advisory 27 August 2022 at 11:38

Every Company should maintain its registered office pursuant to Section 12 of the Companies Act, 2013.

Case study on Companies Act, 2013

FCS Deepak Pratap Singh 27 August 2022 at 08:57

The author highlights a case study on Companies Act, 2013

How to update your name on PAN card

Taxblock 27 August 2022 at 08:57

PAN card or Permanent Account Number is a unique ten-digit alphanumeric number issued by NSDL in India. It is used for various tax purposes while filing as identity proof and serves as valid identity proof for multiple other processes.

What is Margin Call Forex?

Shree 26 August 2022 at 16:42

In this article, we are going to introduce you to this concept so that you will understand how things happen.

Income of Freelancers and Taxation around it

Taxblock 26 August 2022 at 10:05

Freelancing income refers to an income or money earned by working on specific assignments for a specific term and getting paid for the work upon completion and submission.

Physical Verification Of Registered Office by ROC

CS Divesh Goyal 26 August 2022 at 08:55

As per the MCA notification dated 18thAugust 2022 Government has notified the Companies (Incorporation) Third Amendment Rules, 2022. As per the amended rules MCA has added a new Rule i.e.25B- Physical verification of Registered office of the Company. This rule came to complete the Section 12(9) of Companies Act, 2013.

FEMA Overseas Direct Investment Rules 2022: A step towards a progressive India

CS Tanishq 26 August 2022 at 08:55

The Ministry of Finance has notified Foreign Exchange Management (Overseas Investment) Rules, 2022 ("Rules") with a view to ease the restrictions on outbound investments in India.