CAclubindia Articles

Plan Your Expenses: The 50-30-20 Rule Explained

Posted by CA Umesh Sharma 16 January 2024 1230 Views

Master your finances with the 50-30-20 rule. Learn how to allocate your income for needs, wants, and savings to achieve financial stability. Start planning today!

Centralized Information Management System (CIMS) Return for NBFCs

Posted by Affluence Advisory 16 January 2024 7136 Views

RBI issued a circular no. CO.DOS.RPD.No.7534/33-06-001/2023-24 dated January 01, 2024 requiring all Non-Banking Financial Companies (NBFCs) to file the applicable returns on new Centralized Information Management System (CIMS) platform.

Section 10AA: Partners' Profits, Interest & Remuneration

Posted by CA Divyajeet Singh Sabharwal 16 January 2024 1612 Views

Understand Section 10AA deductions for partnerships. Explore how partners' interest and remuneration impact your tax claims. Get clarity now!

SEBI Investor Protection: Freeze Trading Accounts Voluntarily

Posted by CA Divyajeet Singh Sabharwal 15 January 2024 1287 Views

Empower yourself! SEBI's new framework lets you voluntarily freeze trading accounts online, via app, phone, or in person. Protect your investments from suspicious activity.

GSTR 10: Filing the Final Return Explained

Posted by Ishita Ramani 15 January 2024 5698 Views

Learn what GSTR 10 is, who needs to file it, the due date, and penalties for non-compliance. File your final GST return correctly.

Will AI Take Over Accounting? The Future Explained

Posted by CA Hareesh 15 January 2024 4195 Views

Worried AI will replace accountants? Discover how AI could boost the economy and create new job opportunities in accounting, not eliminate them.

Form 71: Claim TDS Credit When Income is Booked

Posted by CA.Sangam Aggarwal 13 January 2024 5588 Views

Resolve TDS mismatches with Form 71. Claim TDS credit in the year income is booked, even if deducted later. Learn how to file.

What is Sufficient Income? Find Your Earning Level

Posted by CA Umesh Sharma 13 January 2024 2591 Views

Discover how to determine your sufficient income level. Compare national, state, city, and peer incomes to assess your financial standing and future goals.

Director Guarantees & GST: No Tax Without Consideration

Posted by CA Roopa Nayak 13 January 2024 2892 Views

Understand GST on director personal guarantees. Learn why no consideration means no GST liability, with insights from recent circulars and RBI guidelines.