Popular Articles

NPA in banks - Causes and solutions

CA Pradeep Garg 25 July 2016 at 10:44

By appointing qualified auditors, credit rating agency, asset valuers on permanent job will improve the situation rather than asking for professional reports and valuations from the borrowers and dumping the reports unless situation goes out of control.

Benami Transactions Informants Reward Scheme 2018

Hitesh 05 June 2018 at 10:54

The central board of direct taxes(CBDT) has introduced the reward scheme for informants giving information of

People hire you to make them money..not come in their way

ANANDH SUNDAR 18 April 2011 at 11:59

During my articleship and elsewhere, I had noticed that in Accounting/Tax/Legal etc, people transitioning from Govt to professional firms, and from professional firms to private sector, faced issues in settling in. The common reasons I noticed was t

Summary of GST changes w.e.f. 1st January 2022

Praveen Sharma 05 January 2022 at 08:39

GST regime will see a host of tax rate and procedural changes coming into effect from January 1, 2022. In this regard, some of the important changes have been mentioned for your reference.

Utilization of CESS: Whether industry has been fooled?

Manoj Agarwal 04 May 2015 at 10:09

In a significant move towards Goods & Service Tax (GST), the Central Government had issued Notification No. 14/2015-CE and 15/2015-CE dated 01-03-2015 (as part of the Union Budget – 2015 Notifications) whereby it exempted all goods falling

Do You Need Financial Planning?

Ramalingam K 26 December 2012 at 12:38

Let's answer this important question: Most of us think that financial planning is only for the very rich or poor. There are others who think that people need to plan only when they grow old as they need to save for their retirement and old ag

Latthmar Holi of GST & Floral Holi of Income tax!!

CA Umesh Sharma 09 March 2020 at 11:22

The tax department is alL ready to play different types of Holi with the taxpayers, of which the Income Tax department will be playing the Floral holi (Foolonki holi) and the GST department will be playing Latthmar Holi.

FBT FIRST INSTALMENT PAID-REFUND OR ADJUSTMENT

Vijay Kalia 23 January 2010 at 11:46

FBT FIRST INSTALMENT OF JUNE QURATER PAID-REFUND OR ADJUSTMENT?FINANCE ACT (No.26), 2009 AND FINANCE ACT (No.2), 2009The Finance Bill (No.2), 2009 could be presented on Sixth of July, 2009 due to formation of new government but by that time many cor

Treatment of Some Special Nature Transactions as per Ind AS 115 / IFRS 15

CA Kushal Soni 31 May 2018 at 11:14

Treatment of Contract costs Incremental costs of obtaining a contract Costs to fulfil a

Thoughtful Thursday - Who Moved My Cheese?

CA Nitesh Buddhadev 31 August 2018 at 13:49

In this series of Thoughtful Thursday , we have covered Importance of Insurance, Inflation, Financial planning, Goal based planning, Difference between Savings..