CAclubindia Articles

Can you trust the online financial calculators?

Posted by Ramalingam K 07 June 2016 2396 Views

Yes, it is true that financial / retirement calculators are simple to use. Based on a few assumptions that you input on your computer about the future, it instantly provides you with a number that indicates how much one needs for his/her retirement.T

PAN-IC! PAN compulsory on all Sales or Purchase of goods or services above Rs 2 Lac

Posted by CA Umesh Sharma 07 June 2016 7259 Views

Arjuna(Fictional Character): Krishna, from 1st January 2016 onwards PAN is required to bequoted in sale or purchase transaction exceeding Rs.2 lakh. Which is this hidden income tax provision?Krishna(Fictional Character): Arjuna, Income tax Department

No Service Tax Audit by the Service Tax Department or CAG

Posted by Bimal Jain 07 June 2016 5346 Views

We are sharing with you an important judgement of the Hon�ble Delhi High Court in the case of Mega Cabs Pvt. Ltd. Vs. Union of India And Ors [2016-TIOL-1061-H

How can you attract positive by staying positive?

Posted by Member (Account Deleted) 07 June 2016 4095 Views

What we feel of ourselves, we release it to the universe. And the universe sends it back to us. In varied forms. Through various mediums. So eventually, what we get is what we have released. Either positive or negative. Hence, always, always and alwa

Facing Summons under Central Excise / Service tax

Posted by CA Roopa Nayak 07 June 2016 16554 Views

CA Madhukar N.Hiregange & CA Roopa Nayak BackgroundThe issuing of summons under central excise or service tax is viewed with a lot of fear due to lack of awareness and uncertainty by assesses. Under Section 14 [applicable in service tax vide sect

When To Buy Term Insurance Policy

Posted by Ravi Kumar 07 June 2016 2865 Views

Life comes out with several surprises and is full of unexpected events, ones that do not come with any warning. There are a few activities that can cause a severe impact on your life in the form of several damages or

Digital Learning : The future of education

Posted by CA CMA CS Ram Pavan Kumar Melam 07 June 2016 5639 Views

The future education seems destined for digital revolutionary methods of imparting a great deal of knowledge to the learners. The course of education will be enshrined digitally. The sense of digital learning pervades globally and reaches the pinnacl

Suggested answers of AMA (CA Final) for May 2016 Exam

Insolvency and Bankruptcy Code - An Introduction

Posted by CS Peer mehboob 06 June 2016 8450 Views

Insolvency and Bankruptcy Code - An IntroductionThe Rajya Sabha passed the major economic reform Bill moved by the Government i.e. �Insolvency and Bankruptcy Code, 2016�. This is considered as the biggest economic reform next only to GST.

Decoding the Google Tax

Posted by Tony John 06 June 2016 11749 Views

What is Google TaxThe central government is set to impose an �Equalisation Levy� of 6% on cross-border digital transactions whose value exceeds Rs 1 lakh. Popularly called the �Google tax�, this is an indirect tax on foreign c