CAclubindia Articles

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 9923 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 13070 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.

Tax Compliance Tracker for the month of March 2023

Posted by CS Lalit Rajput 28 February 2023 11063 Views

Tax Compliance Tracker - March, 2023

Detecting Fictitious Sales: A Guide to Identifying Red Flags and Protecting Your Business

Posted by Rashmi 28 February 2023 6605 Views

Identifying fictitious sales can be a challenging task, but there are several ways to detect red flags that may indicate the presence of fictitious sales.

Would you do battle with a Swiss Army Knife?

Posted by Karthik Ganeshan 28 February 2023 1660 Views

Would you still rely on the Swiss Army Knife of MS-Excel for your Financial Consolidation needs?

National Pension System (NPS): Additional Tax Saving Option

Posted by Affluence Advisory 28 February 2023 3068 Views

National Pension System (NPS) is a pension cum investment scheme launched by the Government of India to provide old age security to Citizens of India. It brings an attractive long-term saving avenue to effectively plan your retirement through safe and regulated market-based returns.