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CAclubindia Articles


Introduction to Income Computation and Disclosure Standards (ICDS)

  Rahul Magan    09 March 2016 at 11:13

Purpose of the article: -The purpose of the article is to give introduction of ICDS and important points for Corporates regarding ICDS 7 which covers impact of Disclosures Standards of Foreign Exchange in the books of Corporates.Income Computation an



Union Budget 2016-17 - Service Tax

  Deepak Bansal    09 March 2016 at 11:12

SERVICE TAX 1.0 Amendments in Finance Act [Effective from date of enactment of Finance Bill, unless otherwise stated] 1.1 Amendment in Negative List 1.1.1 Widening the ambit of Service Tax by way of omission of Education Services specified under Clau



Start up India - Benefits and challenges

  CS MOHIT SALUJA    08 March 2016 at 11:08

Start Up: The common man understands the word start up that when he starts any business. And the same is exactly true. But this word 'START UP' is the word of every mouth since January 16, 2016. Because our Prime Minister Narendra Modi ha



Building India - A shared responsibility

  CA Anil Garg    08 March 2016 at 11:08

In plain terms, I wish to state that India cannot and will not be built with tweaking something here and something there. Average per capita income of the world is $10,000 whereas that in India it is around $1600. The size of the world economy is $70



Comparison of Union Budget 2016-17 vs. Budget 2015-16

  Anand Satyapanthi    08 March 2016 at 11:08

India�s Union Budget 2016-17 was presented by Finance Minister Arun Jaitley when we are evidencing the global economy in a serious crisis. Over the last two years, global growth has contracted



Fair, Lovely & Ugly From Jaitley's potli

  CA Umesh Sharma    08 March 2016 at 11:07

Arjuna (Fictional Character): Krishna, Government has announced Budget on 29th February 2016 for the Year 2016-17. On this Various persons expressed their views. As every coin has two sides, likewise



Strategy to crack CA Exam

  Sathish M    07 March 2016 at 10:56

How to prepare for my CA Examination ?There must be abundant material on �examination tips� available on the internet including the one�s in CCI Forum. Every time we look for some inspiring articles or personalities around us, it h



Ind AS 110 on Consolidated Financial Statements (CFSs)

  P.R. Sethuraman    07 March 2016 at 10:56

Ind. AS 110 on Consolidated Financial Statements (CFSs) Before the commencement of the Companies Act 2013, Consolidated Financial Statements are the SEBI requirements for the Listed Companies. But, the Companies Act 2013 mandates



Understanding the Startup Scenario: In the context of Valuation

  Sourav Yadav    07 March 2016 at 10:54

'Startup' is the buzz word these days. Everyone seems to head towards starting-up. And when you hear about start up, I can assure you that the first thing that comes up in your mind is the billion dollar valuation of the startups. The billion dollar



Service Tax - Is it a good option to settle case through Settlement Commission

  CA Ashish Garg    07 March 2016 at 10:53

The concept of Settlement Commission is fairly new in service tax. It is only in the year 2012, that the benefit of se




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