CAclubindia Articles


LLP Agreement

Posted by CS Binit Thakur 04 April 2016 103860 Views

[Printed to Non judicial Stamp paper of INR 100] LIMITED LIABILITY PARTNERSHIP AGREEMENT This Limited Liability Partnership Agreement (the &ld



10 years of MCA Services - Still a Challenge - Need Suitable Steps to resolve

Posted by CS Ankur Srivastava 04 April 2016 6938 Views

I am writing this article concerning the problem of the working of MCA portal. This has become a burdensome work for the professionals and every stakeholder has to suffer with the disturbed working of the MCA portal. Ultimately, Corporate world



Analysis of the report of the High Level Committee on CSR

Posted by CS Ankur Srivastava 04 April 2016 6988 Views

Critical Analysis of the report of High Level Committee on CSR Important recommendations: The constitution of the committee is premature as it is the very first year and the Annual Reports of the Companies are not available so far. Provisions of moni



Union Budget 2016: Important changes in Service Tax and Credit Rules effective from April 1, 2016

Posted by Bimal Jain 04 April 2016 14259 Views

Affirming that the economy is right on track, the Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budge



Amendment in Indirect tax for IPC exams

Posted by Vinesh R Savla 01 April 2016 14008 Views

Basic Concepts of Service Tax Amendments by Finance Act, 2015: 1. (i) Service tax rate enhanced from 12% to 14% and(ii) Levy of education cesses on taxable services ceased to have effect [Section 66B]Thus, the new service tax rate has come into effec



A Move to Global Financial Language: It's Advantage India Inc.

Posted by Saket Modi 01 April 2016 6814 Views

It is 1st April 2016. The time has arrived.This will go down as an historical day for India Inc. And no, this is not an April fool joke.This is the day India joinsa group of over 100 countries on a global stage.The large publicly listed companies are



Central Excise on Jewellery: Whether fears are real?

Posted by Ashish Chaudhary 01 April 2016 14402 Views

BackgroundExcise Duty has been imposed on the article of jewellery in the Union Budget 2016-17. There has been protest by trade fearing the nuisances of excise. There fear is not without justifiable reasons



A Note on CSR

Posted by Raman Singh 01 April 2016 9480 Views

A NoteSection 135 � Corporate Social ResponsibilityEligibility:Every Company having: Net Worth - Rs. 500 Crores or more; or Turnover - Rs. 1000 Crores of more; or Net Profit -



Hedge Accounting as per IND-AS

Posted by Rahul Magan 01 April 2016 66638 Views

Purpose of the Article:- Hedge accounting is a method of accounting where entries for the ownership of a security and the opposing hedge are treated as one. Hedge accounting attempts to reduce the volatility created by the repeated adjustment of a fi



Computation of Base Rate based on Marginal Cost of Funds

Posted by CA Sumat Singhal 31 March 2016 9202 Views

The Reserve Bank vide its circular DBOD.No.Dir.BC88/13.03.0/2009-10 dated April 9, 2010 introduced the Base Rate system with effect from July 1, 2010, which replaced the Benchmark Prime Lending




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