CAclubindia Articles

Goods and ST basics

Posted by JAINENDRA JAIN 14 November 2015 20030 Views

GOODS AND SERVICE TAXINTRODUCTIONGST- Goods & Service Tax is one of the most crucial and major indirect tax reforms after independence to be implemented very soon (Probably from 01.04.2016). GST with its embedded element of simplicity in levy and

Swachh Bharat Cess - Detailed Anaylysis - Part 2

Posted by Vishal Jain A 14 November 2015 12688 Views

DETAILED ANALYSIS OF SWACHH BHARAT CESS (�SBC�)PART 2The government of India wide Notification No. 21/2015 and Notification No. 22/2015 dated 6th November 2015 has made levy and collection of �Swachh Bharat Cess� (SBC) mandato

10 Practical Tips for Early and Wealthy Retirement

Posted by Ramalingam K 14 November 2015 10659 Views

Do you dream to say Sayonara to your daily nine-to-five schedule and see the world, before you actually turn 60?How do plan to fulfill such a beautiful dream of your life?How do you interpret to see yourself retiring being financially successful?Well

Let's Do Yoga - Service Tax Exempted

Posted by CA Raman Singla 14 November 2015 9208 Views

Good news for Baba Ramdev�!!!Will yoga classes carried by charitable institutions for consideration be chargeable to service tax?Charitable trusts organise yoga camps or other fitness camps and they generally are not free for participants, as

Capital Gains: Few Basics that you should Know

Posted by Damandeep Singh 13 November 2015 12880 Views

Capital Gains is the 3rd Head of Income described under Income Tax Act, 1961 and provisions relating to it are given from Sec. 45 to 55A. Capital gains refers to profits & gains on transfer of any capital asset. Meaning of Capital AssetIn genera

"Swachh Bharat Cess - Not so swachh"

Posted by CA Raman Singla 13 November 2015 9782 Views

The thrust of Modi Government towards clean India has made the government to impose Swachh Bharat Cess. With the objective of financing and promoting Swachh Bharat initiatives, enabling provisions were made in the Finance Bill� 2015 to empower

Financial instruments under IND AS

Posted by P.R. Sethuraman 13 November 2015 58187 Views

Accounting Standards on �Financial instruments� � ASs 30 and 31 respectively on Recognition and Measurement; and on Presentation remained recommendatory till date without being made effective for umpteen number of reasons, known and

Understanding managerial personnel & key managerial personnel

Posted by Amitav Ganguly 13 November 2015 26287 Views

UNDERSTANDING MANAGERIAL PERSONNEL & KEY MANAGERIAL PERSONNELUNDER COMPANIES ACT 2013MEANING OF MANAGERIAL PERSONNEL/PERSONThe term �managerial personnel or managerial person� used interchangeably in the law, has not been defined per

3 Steps to Control Risk in Your Investment Portfolio

Posted by Ramalingam K 13 November 2015 2340 Views

Any investor would agree that ignorance and lack of awareness in the investment field can prove to be expensive. In the world of finance and investment, risk management is very closely related, rather necessary for measuring performance. Understandin

Registration Process under GST

Posted by Madhukar N Hiregange 13 November 2015 5918 Views

A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between the tax department and tax payers and one of the impo