This is my first article in the CAClub. I have been following the club since recent and I have found it very useful for everybody- students as well as professionals. I have sorted out some of the important skills for studying for CA or any professio
The Government of India has, vide Notification dated 17.02.2016, announced "Start up India" initiative for creating a conducive environment for Start ups in India.
Suggestions For This Budget: 1. Honor those Who are Ranked in Top: This suggestion is made to give due respect to the citizens of India who comply with the pr
Advance Tax – Better to payOld saying; - Nothing's certain but death and taxes, Every Income Tax Asseesee whose Tax liability is more than Rs 10,000 must pay Advance Tax. Income Tax Assessee can be any one – Sala
The Government of India has been receiving a number of representations regarding Annual Return (FORM GSTR-9 / FORM GSTR-9A) and Reconciliation Statement (FORM G...
FAQ on Taxable Income 1. What does the Income Tax Department consider as income? The word ‘Income’ has a very broad and inclusive meaning. In case of a salaried person, all that is received from an employer in cash, kind or as a facility
The three sectors of the Indian economy witnessed slowdown in 2011-12. Moderation in agriculture growth notwithstanding, the year witnessed an all-time high food grains output. The services sector reflected the slowdown in construction, while in
Understand GSTR 1 vs GSTR 3B self-assessed tax recovery. Learn the procedure, genuine differences, and how to avoid recovery proceedings.
As per Section 114(1) of Companies Act 2013 : "A resolution shall be an ordinary resolution if the notice required under this Act has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronicall
Clarification - Increase in the limit from USD 75,000 to USD 125,000 for resident individuals under Liberalized Remittance Scheme (LRS) {Notification No. "RBI/2014-15/132 A.P. (DIR Series) Circular No.5 dated 17th July, 2014} Before going into t
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English