CAclubindia Articles

COVID-19 expenses can be claimed for EDLI scheme under EPF scheme, 1952

FCS Deepak Pratap Singh 23 August 2021 at 09:32

Employees Deposit Linked Insurance Scheme or EDLI is an insurance cover provided by the EPFO (Employees Provident Fund Organization) for private sector salaried employees.

Understanding the Process of Underwriting by Insurer

FCS Deepak Pratap Singh 23 August 2021 at 09:31

Underwriting involves measuring the risk exposure and determining the premium that needs to be charged to insure that risk. Thus, in the underwriting process, insurers evaluate the risk and exposure of potential clients.

80% Fee Reduction in Patent Applications - India & Abroad

CS Lalit Rajput 21 August 2021 at 09:58

This scheme is available to government (owned), government-aided, or private institutions, irrespective of whether these institutions are situated in India or anywhere in the world.

Refund of EC, SHEC, and KCC Balances under GST

Member (Account Deleted) 21 August 2021 at 09:56

Section 142(3) of CGST Act provides that refund filed by any person before, on or after 1st July 2017, for refund of any amount of CENVAT credit would be granted in accordance with the provisions of the law.

GSTR 9C : Penalty for late filling

Venkatesh Neeli 21 August 2021 at 09:56

Penalty levying for GSTR-9C for late filing u/s 125 of CGST Act is unconstitutional and unfair where late fees has already been collected by the government for GSTR -9.

Latest on E-invoicing: Now, it is mandatory for companies with revenue above Rs 100 crore

Akanksha Bhargava 21 August 2021 at 09:56

Businesses would be provided with the application, which can be connected to the GST portal site to create an E-invoice to facilitate the assimilation and use of the E-invoice system to GST.

Analysis of New Rule 33A inserted vide Companies (Incorporation) Fifth Amendment Rules, 2021

FCS Deepak Pratap Singh 21 August 2021 at 09:56

MCA has notified the Companies (Incorporation) Fifth Amendment Rules, 2021 by inserting Section 33A after Rule 33 of the Companies (Incorporation) Rules, 2014.

Points To Be Checked Before Filing Your ITR FY 2020-21

FCS Deepak Pratap Singh 21 August 2021 at 09:55

Discussing 7 important points that must be checked before filing your ITR for FY 2020-21. These include linking your PAN with Aadhaar, Bank Account with PAN, Downloading Form 26AS etc.

Section 194D: TDS On Payment Of Commission By Insurance Companies

FCS Deepak Pratap Singh 21 August 2021 at 09:55

TDS must be deducted by the entity who makes the payment to the resident person, as remuneration/rewards, by the way of commission or for soliciting insurance business or for renewal of insurance policies.

Some Facts Related To Compensation Under The Motor Vehicles Act, 1988

FCS Deepak Pratap Singh 21 August 2021 at 09:55

The Motor Vehicles Act, 1988 aims to regulate the use of motor vehicles and to compensate those who are injured or killed in a crash, as well as their family members and dependents, if applicable.