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Comparison between CARO 2020 and CARO 2016

  Neethi V. Kannanth    23 February 2022 at 11:39

From the Financial year 2021-22, CARO 2020 is replacing CARO 2016. What is the difference between CARO 2020 and CARO 2016? Is there any additional reporting requirement under CARO 2020? All these questions are answered here



All about E-Invoicing

  Aarti Maurya    23 February 2022 at 09:01

Electronic Invoicing is an electronic authentication mechanism under GST.



Orientation course by ICAI should be mandatory or not?

  isha pandey    23 February 2022 at 09:00

Every CA Inter student after giving exams enroll themselves for ITT and OC (which is basically a 15 day program about your IT skills and soft skills). But everyone knows that one friend or senior or teacher, who may say that ITT is main and all practical knowledge, OC is not that important or not so useful).



Limitation period is 3 years even if default fall before enactment of IBC 2016

  FCS Deepak Pratap Singh    22 February 2022 at 08:57

Limitation period for initiation of CIRP is 3 years from the date of default even if a default took place prior to the enactment of IBC,2016.



Compliance with latest CSR obligations as per Sec 135 of Companies Act, 2013

  InstaFiling Team    22 February 2022 at 08:57

As the financial year comes to an end, apart from other compliances, it is important to ensure proper compliance with the CSR obligations under section 135 of t..



Composition Scheme - An Overview

  Aarti Maurya    22 February 2022 at 08:57

The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to prescribed limit.



Keep connecting the dots

  Vishal Kudve    21 February 2022 at 12:06

In this short article, I want put emphasis on "Connect the Dots" analogy used by Steve Jobs. How we connect the dots in our life is very important to reach our desired destinations



All about Uniform Customs and Practice for Documentary Credits (UCP)

  FCS Deepak Pratap Singh    21 February 2022 at 12:06

A Documentary Letter of Credit or LC is an irrevocable, written undertaking by a commercial bank, issued at the request of the buyer (applicant) in favor of the seller (the beneficiary), to the effect that payment for certain goods or services will be made against a complying presentation of documents.



Fixing the old

  CA Anurag Sharma    21 February 2022 at 08:40

We have to learn to maintain things; fix the broken pieces of life to move further. Life is not only about finding the new purpose every day, it's also about continuously finding the happiness in the things or people we have.



Some facts related to bank guarantees

  FCS Deepak Pratap Singh    21 February 2022 at 08:40

A bank guarantee or also known as BG is a legal document issued by a bank or a financial institution to assure exporters/sellers/suppliers that they would be paid on time if the applicant/importer/buyer fails to pay the amount or fulfill the terms & conditions mentioned in the contract.




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