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CAclubindia Articles


Incorporation of Private Limited Company

  Parth Sharma    08 August 2015 at 11:14

Features of Private Limited Company Separate Legal Status Capacity to borrow Easy Transfer of shares Minimum number of Members : 2 ; Maximum number of Members : 200 Minimum Capital : Nil {omitted by Companies (Amendment) Act, 2015} Limited Liability



13 Reasons why CA students are facing failure in exam

  CA Pankaj Kr Agrawal    07 August 2015 at 11:12

First of all, Congratulations to those students who have cleared CA- IPCC and CA- Final exam. After the declaration of Result, there are a few happy faces of candidates who�ve managed to clear the exams. Their hard work has been rewarded and t



Economic Policies consideration while framing Tax Proposal

  Navin Kumar Bhojwani    07 August 2015 at 11:12

ECONOMIC POLICIES TO BE CONSIDERED WHILE FRAMING TAX PROPOSALSThe Government's Economic Policy for 21st Century- If it moves, Tax It. If it keeps moving, regulate it.



The Chartered dream

  Vamsi Garaga    07 August 2015 at 11:12

Becoming a CA is many people�s dreamSome make it happen and some don�tThere will always be a vacuum in the depths of the heart, when you have not achieved itThis story is just a portrayal of the human emotion.----The Chartered dream-----L



Alteration of Memorandum of Association of Company

  Sneha    07 August 2015 at 11:12

MEANING:The expression �alter� means to modify/change or vary; to make or become different in some respect.As per Section 2(3) of the Companies Act, 2013 (the Act) �alter� and �alteration� shall include the making



The consolidated audit report under companies act 2013 (The Devil lies in Detail)

  P.R. Sethuraman    07 August 2015 at 11:12

As per the Guidance Note of the ICAI, �The Council of the Institute of Chartered Accountants of India has issued Accounting Standard (AS) 21 'Consolidated Financial Statements' which lays down principles and procedures for preparation a



Update on indirect taxes for the month of Aug

  TARUN KUMAR GUPTA    07 August 2015 at 11:11

A. Service Tax1. Rate of Service Tax � The rate of service tax has been changed to 14% w.e.f. June 1, 2015. No cess shall now be applicable. Levy of Swacchh Bharat Cess has not been notified till yet.2. Service Tax payment for the month of Jul



FM senses delay in implementation of GST by 1st April 2016

  Anandaday Misshra, Advocate    06 August 2015 at 15:46

Looking to the ongoing protests and non co-operation movements in the Parliament , the Implementation of Goods & Service Tax (GST) regime in India from 1st April 2016 is in doldrums.Since the factum is that once the GST Bill is passed from Rajya



Why is RBI governor begging when he could dictate?

  CA Anil Garg    06 August 2015 at 15:36

For quite some time now, RBI Governor has been openly cribbing about commercial banks not passing on the benefits of interest rate cuts announced by him, to their customers. Only yesterday (4-8-15), he mentioned that average rate cuts passed on by co



Secretarial standards from a student's perspective

  Joseph Nelsons    06 August 2015 at 15:36

This year, the 23rd of April was a Thursday, a normal working day for me. I was a little surprised to get a call from my wife to go home for a lunch together, especially on a working day




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