CAclubindia Articles

Highlights of Revised Secretarial Standards on General Meetings (SS-2)

Posted by Affluence Advisory 02 April 2024 797 Views

The ICSI in January, 2024 has issued a revised SS-2 (effective from April 01st, 2024) to maintain consistency with the amended (vide Companies (Amendment) Act, 2017) provisions of the Act.

How to start a new financial year without becoming a financial fool?

Posted by CA Umesh Sharma 01 April 2024 1237 Views

It is the beginning of the new financial year 2024-25. Most taxpayers are curious to know about the things they should keep in mind from the start of the new financial year so that they will not commit the mistakes they made in previous years.

Are penalties under Indian GST laws in revenue-neutral situations justifiable?

Posted by Abhishek Raja 01 April 2024 1391 Views

Unpacking the complexities and what it means for businesses. Let's dive deep into the balance between compliance and fairness.

Statutory Tax Compliance Tracker: March 2024

Posted by CS Lalit Rajput 01 April 2024 1626 Views

Statutory Tax Compliance Tracker for the m/o March 2024

All about Section 43B(h)

Posted by CA. Ankit Chandrakar 01 April 2024 1608 Views

The Finance Act, 2023 inserted a new clause (h) in income tax section 43B that allows deductions made to MSMEs on an actual payment basis rather than the accrual basis if the payment is created within the threshold limit. This clause comes into effect from 1st April, 2023.

Knowledge Isn't Power. Or Is It?

Posted by Karan Khatri 01 April 2024 314 Views

Now, I know as CA students and professionals, we value knowledge. Heck, our whole field is built on it! But here's what I missed before: words like "gyan" and "shakti" hold way more meaning than any simple English translation can give them.

Latest Amendments in Income Tax

Posted by CA.Sangam Aggarwal 01 April 2024 1704 Views

The CBDT has issued order that tax demands under Income Tax Act, Wealth Tax, and Gift Tax which are outstanding as on 31st March pertaining to assessment year 2010-11- each demand entry up to Rs. 25000/- and assessment year 2011-12 to 2015-16 - each demand entry up to Rs. 10000/- shall be extinguished but subject to maximum ceiling of Rs. 1 lakh for any specific taxpayer/assessee.

Scale-Based Regulation 2023: Non-Banking Financial Company (NBFCs)

Posted by Affluence Advisory 01 April 2024 1325 Views

The Reserve Bank of India (RBI) has played a crucial role in regulating the NBFC sector over the years. With the sector's evolution and growth dynamically the regulator amends the regulations from time to time giving the sector the flexibility to operate efficiently.

EWay bill option for moving Goods without GST number

Posted by Subrato 30 March 2024 85693 Views

On the GST Portal, there is an option of E-Way Bill for Citizens. For whom this option is useful?Let us understand which the help of a story.Mr. Hardik is the o...