CAclubindia Articles

Insurance Planning and Tax Saving goes Hand-in-Hand

Anand Satyapanthi 24 August 2015 at 10:00

Planning ahead is not only crucial but also fetches tax benefits. Buying life insurance for example fetches tax deductions on premium paid and the maturity amount received is tax exempt under section 10 (10D). Not only this, the assesee also gets ded

Fast Track Exit u/s 560 of Companies Act, 1956

Komal Tiwari Pandey 24 August 2015 at 10:00

Background:The Companies which are not carrying on business activities or operations for more than a year they can opt for Fast Track Exit mode from the records of the Registrar of Companies. Fast Track Exit mode for defunct companies u/s 56

Conversion of public limited company into private limited company

CS Divesh Goyal 24 August 2015 at 09:59

Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related

Improve Your English Grammar - Quick Guide - Part 2

Nimish Goel 22 August 2015 at 13:56

Continuing with my earlier article �Improve Your English Grammar � Quick Guide � Part 1� in this article I have tried to capture some more words used interchangeably by a lot of people, but in the wrong context, albeit inadver

Major initiatives on improving "Ease of Doing Business" in India

Parth Sharma 21 August 2015 at 10:07

The Government of India has taken up a series of measures to improve Ease of Doing Business. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficien

Service Tax- Place of Provision of Services Rules, 2012

CA JaiKishan 21 August 2015 at 10:07

Introduction: Service Tax is very important source of revenue for the Central Government. Therefore it has been tried to increase the tax base by introducing negative tax regime

All about payment banks

JAINENDRA JAIN 20 August 2015 at 10:23

With RBI announcement of 11 payment bank on 19.08.2015 here is what we should know about these banks:WHAT IS PAYMENT BANKS?A payments bank is a type of non-full service niche bank in India. A bank licensed as a payments bank ca

8 apps for CA students and articles trainees

Amrit Singh 20 August 2015 at 10:22

Namastey Caclubindians,The truth of our modern times is that you probably won�t find any student who does not use smart phone today. Today, thanks to new technology, student life is much easier as there are hundreds of apps for CA Students th

Practical Application of CARO, 2015 (through FAQs)

Guest 20 August 2015 at 10:22

The Ministry of Corporate Affairs, on 10th April, 2015, notified the Companies (Auditor's Report) Order, 2015 (CARO, 2015). The text of the Order is available on the following URL http://www.mca.gov.in/Ministry/pdf/Companies_Auditors_Report_Ord

Case Study: Is tax paid by employer on behalf of employee - exempt u/s. 10(10CC)?

CA Sukriti Jain 20 August 2015 at 10:22

A detailed analysis of Exemption under Section 10(10CC) alongwith the provisions of Section 17(2), 40(a)(v), 192(1A), 195A, 198, 199, 200 and 203 of the Income Tax Act, 1961. Highlighting the ruling under Sedco Forex International Drilling Inc. (2012