CAclubindia Articles

Amendment in TCS U/S 206C(1D) of Income Tax Act,1961

Posted by CA Vinita Yadav 06 June 2016 109674 Views

Important Amendment U/S 206C (1D) Of Income Tax Act, 1961 - Effective from 01/06/2016.Finance Bill, 2016 assented by President on May 14, 2016 has now become the Finance Act, 2016 (28/2016).Recently, Section 206C has been amended by Finance act 2016

NCLT & NCLAT under companies act, 2013

Posted by CS Divesh Goyal 06 June 2016 9323 Views

It has been more than 14 years that we first heard about National Company Law Tribunal [NCLT] & National Company Law Appellate Tribunal [NCLAT]. But now by MCA Notification dated 1st June, 2016 in exercise of the powers conferred by section 408 o

What is Due Diligence?

Posted by Anchal 04 June 2016 22623 Views

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

Posted by CA. Chikkerur C R 04 June 2016 18026 Views

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

Posted by Padam Chhabra 04 June 2016 10266 Views

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?

Posted by Manjinder 04 June 2016 10275 Views

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

Posted by Komal Tiwari Pandey 04 June 2016 14497 Views

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

Posted by Shaurabh Gupta 04 June 2016 16769 Views

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!

Posted by CA Umesh Sharma 03 June 2016 18492 Views

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!

Posted by Member (Account Deleted) 03 June 2016 10646 Views

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