Planning ahead is not only crucial but also fetches tax benefits. Buying life insurance for example fetches tax deductions on premium paid and the maturity amount received is tax exempt under section 10 (10D). Not only this, the assesee also gets ded
Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related
Continuing with my earlier article �Improve Your English Grammar � Quick Guide � Part 1� in this article I have tried to capture some more words used interchangeably by a lot of people, but in the wrong context, albeit inadver
The Government of India has taken up a series of measures to improve Ease of Doing Business. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficien
Introduction: Service Tax is very important source of revenue for the Central Government. Therefore it has been tried to increase the tax base by introducing negative tax regime
With RBI announcement of 11 payment bank on 19.08.2015 here is what we should know about these banks:WHAT IS PAYMENT BANKS?A payments bank is a type of non-full service niche bank in India. A bank licensed as a payments bank ca
Namastey Caclubindians,The truth of our modern times is that you probably won�t find any student who does not use smart phone today. Today, thanks to new technology, student life is much easier as there are hundreds of apps for CA Students th
A detailed analysis of Exemption under Section 10(10CC) alongwith the provisions of Section 17(2), 40(a)(v), 192(1A), 195A, 198, 199, 200 and 203 of the Income Tax Act, 1961. Highlighting the ruling under Sedco Forex International Drilling Inc. (2012
Lots of talks going on GST implementation by 1st April,2016 as promised by our Hon'ble Finance minister Shri Arun Jaitley. With the hope of passage of GST b
The auditing community had really gone through a rough and tough time in the form of �labor pain� in drafting the audit report under section 143 (3) of the Companies Act 2013 for the financial year ended march 2015 due to last minute rush
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English