CAclubindia Articles
What is Due Diligence?
Due Diligence literally means �reasonable care�. In relation to transactions / dealing with other entities, due diligence implies taking reasonable care to ensure that an entity has knowledge of those facts (disclosed and undisclosed) whi
About 29 new sections notified on June 1st 2016 in CA 2013
It�s about 29 New Sections notified yesterday (June 1st 2016) in CA 2013 Hi AllYesterday MCA had notified 29 new sections through exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), By this
New Taxes Imposed by Indian Government - Krishi Kalyan Cess
Krishi Kalyan CessThis June, the cost of services is going up. Govt. of India on 30th of May 2016, announced a new tax on all the taxable services. The new tax is Krishi Kalyan Cess of 0.5 percent which will be applicable from 1st June. This will mak
Taking a Loan? What should you choose: A Bank or an NBFC?
Middle class is growing at a fast pace and so are their needs and demands. They have better jobs and salaries. This class is improving their lifestyle drastically whether by buying a car or a house. But buying a car or a house needs a lot of investme
Procedure for Opening of Branch Office by Foreign Entity
ESTABLISHMENT OF BRANCH/LIAISON OFFICES IN INDIA{Ref. Notification No.FEMA.22/2000-RB dated 03rd May, 2000 as amended from time to time}Prohibition against establishment of branch or office in India by certain persons of certain countriesNo person be
How to crack group discussion
How to crack Group DiscussionHello friends, I would like to share with you how we can tackle group discussion (i.e. GD). GD is an important part of interviews and most of us don't know how to survive in GD. First of all we should know that GD is not
Get ready for the shower of changes in Tax laws from 1st June 2016!
Arjuna (Fictional Character): Krishna, this year, the government has brought various changes in income tax, service tax and other tax laws and also has brought scheme for tax payment. It is said that many of such changes will be effective from 1st Ju
Want to be Successful? Go Travel That Extra Mile!
Everyone wants to be ‘Successful’ in life. Okay, question here – Is there anyone who doesn’t want to be successful? Answer to the question – Are you crazy to ask this question? Who on earth doesn’t want to be succe
Ind AS 19 on Employee Benefits
Employee Benefits include and cover all forms of consideration given by an entity in exchange for service rendered by employees. Pictorially, it is mapped out below. Post-Employment Benefits are employee benefits (other than termination benefits
Matters to be undertaken by NCLT
MATTERS TO BE UNDERTAKEN BY NCLT W.E.F. June 01, 2016 Government constituted the Benches of National Company Law Tribunal and hence, the Central Government vide Notification No. S.O. 1934(E) subject to the provisions of Companies Act, 2013, has decla
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