CAclubindia Articles

Important Updates and Due Date Compliances under GST for Feb 2023

Posted by Tarun Kr. Gupta 11 February 2023 10285 Views

Please find below the important clarifications/ amendments issued by the Government on GST in January/ February 2023 along with compliance timelines in February...

Twitter Space Discussion on - Impact of Budget 2023 on GST

Posted by CCI Team 10 February 2023 4150 Views

The discussion was hosted by Sri CA Dinesh Wadera and various esteemed panelists participated in the discussion. Sri CA Abhishek Raja gave a clear insight on amendments of GST Sections announced in the Budget 2023

Taxation of gifts to NRIs and changes in Budget 2023-24

Posted by FCS Deepak Pratap Singh 10 February 2023 101752 Views

The Budget 2023 has also not disturbed taxation regime of NRIs except some provisions have been changed. The Shares generally issued to NRIs are of higher value and issuer's explanation to valuation is not satisfactory and hence the excess value above FMV will be taxable and any property gifted to NORI above Rs. 50000/- is chargeable to tax in India.

Understanding Financial Fundamentals through Price-Earnings Ratio

Posted by CA Anurag Sharma 10 February 2023 2578 Views

Continuing our investment series after Market Capitalization let us discuss another Pertinent financial fundamental i.e Price Earning Ratio.

SEBI revamps buyback methods and provisions relating to buybacks

Posted by Affluence Advisory 10 February 2023 1854 Views

Securities and Exchange Board of India ('SEBI') vide its notification dt: February 7, 2023 has brought in SEBI (Buyback of Securities) (Amendment) Regulations, 2023.

Form INC-20A "Declaration for Commencement of Business" on MCA V3 Portal

Posted by CA Ramanujan Sharma 10 February 2023 15453 Views

Process For filing form INC 20A

Can the Executive Chairperson be a member of the Nomination and Remuneration Committee (NRC) - A vexed Question

Posted by Ramaswami Kalidas 09 February 2023 3021 Views

Under Section 178(1) of the Companies Act, 2013 (hereinafter "The Act") Listed and other unlisted public companies which fall within the ambit of Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 are required to constitute the NRC of the Board.

Importance of Follow up procedure in Internal Audit

Posted by CA Amrita Chattopadhyay 09 February 2023 9293 Views

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.

Changes in new TDS rates, IT provisions related to online gaming - Budget 2023

Posted by FCS Deepak Pratap Singh 09 February 2023 16649 Views

Considering the large volume of revenue being generated from winnings of online games, the rise in users of such games, variety of playing options and payment options, it was expected that the government may provide clarifications on the applicability of TDS and taxation of winnings from online games

SS 4 - Report of the Board of Directors

Posted by CS Akansha Rathi 09 February 2023 2137 Views

To promote the standardised practices in preparation of Board's Report, the ICSI has issued SS-4 effective from 1st October 2018 for Voluntary adoption by the Companies.