CAclubindia Articles

How technology is modernizing CA and CS Firms

Posted by Team IN Filings 02 March 2023 4179 Views

In today's rapidly-evolving business landscape, technology is revolutionizing the way companies operate. From streamlining workflows to enhancing client service, technology has become a game-changer in every industry, and accounting and compliance are no exception.

Ultimate Guide to Avoid Home Loan Mistakes in India

Posted by Rashmi 02 March 2023 3170 Views

Biggest mistakes people make in India while applying for a home loan has been explained in this article

What is works contract and how to make agreement for it?

Posted by Ashok Pitroda 02 March 2023 5945 Views

Works Contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration, or commissioning of any immovable property wherein transfer of property in goods is involved in the execution of the such contract.

All about Composition Scheme of GSTR

Posted by Ishita Ramani 02 March 2023 6570 Views

The GST Composition Scheme was created to make GST payment easy for MSME businesses and simplify GST return filing. Small taxpayers can avoid time-consuming GST processes by paying GST at a fixed rate of turnover.

Benefits available to a senior citizen in filling ITR for FY 2022-23

Posted by Aisha 01 March 2023 14778 Views

Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of income up to which a person is not liable to pay tax.

What are Exchange Traded Funds? How many types of ETFs are there?

Posted by Akshay Sharma 01 March 2023 1916 Views

ETFs (Exchange Traded Funds) are passive investment vehicles. They provide direct investment exposure to underlying indexes or commodities such as silver, gold, etc. The Securities and Exchange Board of India (SEBI) requires an ETF to invest at least 95% of its assets in securities in the underlying index.

Updated ITR - Section 139(8A)

Posted by CA Himanshu Gandotra 01 March 2023 7908 Views

As the financial year 2022-23 is approaching its end, the last date to file ITR for previous years is also expiring. In this article, let's discuss the two options to file ITR after due date of filing has expired.

GST on Advance Payments: Everything A Freelancer Must Know

Posted by Hardik Lashkari 28 February 2023 9922 Views

Many freelancers remain unaware of these tax provisions. Because of this, they forget to pay GST on advance payments, resulting in additional interest and late fees.

FAQs on e-invoice system

Posted by Suhasini

28 February 2023 5861 Views

Goods And Services Tax e-Invoice System: FAQs

Case Study on FEMA - RBI slapped Rs 125 Crore on Reliance Infrastructure

Posted by FCS Deepak Pratap Singh 28 February 2023 13061 Views

The Reserve Bank of India (RBI) has asked the Anil Dhirubhai Ambani Group firm, Reliance Infrastructure (earlier, Reliance Energy), to pay just under Rs 125 crore as compounding fees for parking its foreign loan proceeds worth $300 million with its mutual fund in India for 315 days, and then repatriating the money abroad to a joint venture company.