CAclubindia Articles
Wish List for Budget 2016
Revamping FRBM � Fiscal Responsibility and Budget Management (FRBM) Act 2003 was meant to bring deficit under control. But it is now flawed because it allows no flexibility in fiscal deficit target. It should be revamped. Rationale behind the f
Measuring of aerial distance in income tax act
DO YOU AGREE THAT CBDT HAS TAKEN RIGHT DECISION ON MEASUREMENT OF DISTANCE TO BE TAKEN AERIALLY AFTER ASSESSMENT YEAR 2014-15.Recently on Dated 06/Oct/2015 CBDT issued a circular regardingMeasurementofthe distance for the purpose of section 2(14)(iii
Internal Financial Control (IFC) - Thrust towards larger forum!
It is imperative that every business carries risk and such risks has to be counterfeited through effective governing, by ensuring adequate policies, procedures and measures are in place to make sure that controls are effective and sufficient. Keeping
First step before filling up exam form
This is my first article and it is all about planning for a first step for preparations of Final. Friends result is already declared (most of us declared walking dead by ICAI).I know most of us are facing some tough questions, for e.g.-1. What should
Personal growth and group development
Awareness of self: an awareness of one�s own personality and individuality."Self-awareness is a psychological state in which people are aware of their traits, feelings and behavior. Alternately, it can be defined as the realization of ones
Start Ups through the lens of a Finance Student
‘Start Ups’ has become a buzz word. As we speak- a revolution is on. A very healthy ecosystem is evolving with the government as well stepping in, to being a facilitator. The proposed tax holiday, waiver of capital gains tax and a signi
Journey of 26 to 62 in ISCA
Everyone including me believes ISCA is tough and not so scoring subject. You can still think that way, but me � no more. After scoring exemption in ISCA, at least I can share my experience instead of forcing you to do the same.So here it goes.
Basic terms used in real estate industry
Acre- Often used in Indian Real Estate unit of measurement of a big chunk of land area. 1 Acre equals to 43560 Sqft.Agreement to sale- A written agreement to sell in future between seller and purchaser in which the purchaser agrees to buy certain re
I Failed But not Defeated
After the drastic CA final exams the "Surprise Surprise" result was expected not only by me but by everyone.Unfortunately it didn't happened and the result was very disappointing and scary.It was my second attempt for the finals and I w
Stock transfer versus inter state sale
A dealer can stock transfer the goods from his one place of business to another place of business and this transaction is not taxable under the Central Sales Tax Act, 1956. The goods transferred to another place of business for sale may be treated as
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