CAclubindia Articles
IFC - Relevance of Information Technology in Internal Controls
The purpose of internal controls is to identify, manage and control risks that could prevent the organization from achieving its objectives. The information technology (IT) function designs, develops, implements and maintains much of an organization&
ST - Interest rates changed again !
Service TaxInterest Rates Changed Again!There are two provisions under Finance Act, 1994 dealing with interest on delayed payment as given below: Sl. No Situation Section No. 1 Am
Few aspects of Krishi Kalyan Cess (KKC)
New levy Krishi Kalyan Cess aka KKC applicable from 01.06.2016 @ 0.5% on value of all taxable service (thus effective rate of ST increases from 14.5% to 15%).
Comparison between incorporation of company by new and old process
According to the latest World Bank report, India stands at the 142th position in terms of ease of doing business globally. No wonder, there have always been clamour and concern for bureaucratic hurdles which prevent the business to run efficiently an
3 steps to control risk in your investment portfolio
Any investor would agree that ignorance and lack of awareness in the investment field can prove to be expensive. In the world of finance and investment, risk management is very closely related, rather necessary for measuring performance. Understandin
All about internal financial control (IFC)
What is Internal Financial Control (IFC)? (Sec 134) As per Section 134 of the Companies Act 2013, the term �Internal Financial Controls� means the policies and procedures adop
Beware: tax evaders take bath in this "Kumbhmela" of income declaration scheme 2016 or else?
Arjuna(Fictional Character): Krishna, by taking a holy bath in Kumbhmela, a person purifies himself. Now the Income Tax Departmen
Indirect Tax Dispute Resolution Scheme, 2016: Overview
The Union Budget, 2016, has introduced number of measures for reducing litigation and providing certainty in taxation, considering the same as one of the key thrust are
Analysis on inventory turnover ratio & holding level
MANU CONVERSATION BETWEEN MANU AND VINU ABOUT INVENTORY TURNOVER RATIO& HOLDING LEVEL VINU Manu Hi Vinu! Vinu Manu! I am desperately waiti
TCS on sale of Goods and Services
Section 206CTax Collected at Source:�TCS is the Tax Collected at Source by the seller (collector) from the buyer(collectee)�. Every person, being a seller, shall collect tax at source (TCS) from the buyer of goods specified in section 206
Popular Articles
- New UPI Rules Starting From 15th October 2026: Complete Fee Structure for Transactions
- Senior Citizen Saving Scheme Latest Interest Rate From October 2026
- UPI Transaction Charges From 15 October 2026: Latest Update
- Central Bank of India FD Interest Rates October 2026: For General and Senior Citizens
- New Tax Regime FY 2026-27: Complete Slab, Rebate & Marginal Relief Reference
- Long Term Capital Gain on Shares As Per Income Tax Act 2025
- EPF Wage Ceiling Increased to Rs 25,000 from Rs 15,000: New Rules from 17th September 2026
- GST Registration Cancellation Made Easier: Know the New Rules
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
