CAclubindia Articles

An Overview Of Form 10BA

Posted by Chetan Chauhan 27 January 2023 13504 Views

Form 10BA is a tax form used in India for declaring deductions claimed under Section 80GG of the Income Tax Act. This section allows for deductions on rent paid for residential accommodation if the individual does not own a house or if the house is not available for his use.

Tax Saving Options for Salaried Person

Posted by CA Rahul Mittal 27 January 2023 19885 Views

As we all know March 2023 is coming. This means financial year 2022-23 is about to end. Everyone looks for tax planning to save tax. Here we will talk about ways to save tax for salaried people.

Remuneration paid to Directors of the Listed Entity - Part 3

Posted by Affluence Advisory 27 January 2023 4198 Views

Remuneration payable to Whole Time Directors / Executive directors of listed entities is mainly governed by the Companies Act 2013. Whereas SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

RBI Discussion Paper on Expected Loss (EL)-based Approach

Posted by CS Lalit Rajput 25 January 2023 3085 Views

Reserve Bank of India (RBI), vide Press Release dated 16th January, 2023, has releases Discussion Paper on Expected Loss (EL)-based Approach for loan loss provisioning by banks and has proposed a framework for adoption of an 'expected loss-based' approach for provisioning by banks (As part of the Statement on Developmental and Regulatory Policies released on September 30, 2022).

Digital Rupee: A new way of online transaction without Bank Account

Posted by CA Umesh Sharma 25 January 2023 13044 Views

RBI launched Digital rupee and it is considered as a mean to implement monetary policies to provide stability, control growth, and influence inflation.

Case Study: Portability of Insurance Policies

Posted by FCS Deepak Pratap Singh 25 January 2023 4368 Views

Portability is a facility of right provided to a policyholder in case of health insurance policies to move from one insurer to another insurer to their choice or from one policy to another policy with the same insurer.

Understanding credit card debt and how to avoid it

Posted by Ayush Vats 25 January 2023 4837 Views

Credit Card adoption has been rising in India in recent years primarily due to two factors. Firstly, the economy has grown, and consumers are spending more due ...

Expectations from Union Budget 2023

Posted by CA Sanya kapoor 25 January 2023 5128 Views

In view of building nation, Considering the contribution of the individuals behind the success of the economy, it is expected that the upcoming Budget 2023 should mainly focus on the growth of individual taxpayers in India. Listing down the key changes suggested on the personal taxation front are briefed as under:

GST department audit and approach by taxpayers

Posted by CA Roopa Nayak 24 January 2023 53188 Views

In this article, the paper writer has examined the provisions of Audit under section 65 as well as best practices in facing GST dept audit.

Comments On Publication Of Annual Transparency Reports By Auditor/Audit Firms

Posted by Kotte Murali Krishna 24 January 2023 1893 Views

DHFL has diverted Rs 34,615Cr borrowed from banks. The CBI has alleged that DHFL‘s promoters formed 87 shall companies, created more than 2,60,000 "Fictitious borrowers' and set up "Virtual Branch "to divert money borrowed from banks".