CAclubindia Articles

Foreign Direct Investment in India (FDI)

Rajat Poddar 02 January 2013 at 12:22

Foreign Direct Investment (FDI) is permitted as under the following forms of investments Through financial collaborations. Through joint ventures and technical collaborations. Through capital markets vi

Importance of financial planning in life

DHARMENDRA SHARMA 31 December 2012 at 12:33

Everyone faces ups and downs in his/her life. Everyone needs money to come out of their rainy days, for which, a good financial planning is needed which can give their family a self-sufficient life. These d

Concept of Project Costing

CMA Ramesh Krishnan 31 December 2012 at 12:33

Concept of Project Costing Introduction: Costing of an each product or activity will differ from product to product and activity to activity. But the concept of the costing is same for all type of costing whether Product costing or Service costing.

Wealth Tax: Taxes on your wealth!

Garvit Dave 29 December 2012 at 13:06

Wealth tax is a direct annual tax, payable every year like your direct taxes. It is another type of direct tax by which tax is imposed on individuals coming within its purview. Pensioners, retired persons or senior citizens have not been accorded

Short Note on Rejection of Draft Offer Documents

Ajay Mishra 29 December 2012 at 13:03

INTRODUCTION The Securities and Exchange Board of India (SEBI) has vide General Order dated October 09, 2012 framework general criteria subject to which draft offer documents filed for issue of

Responsibility of Professional Signing Annual Return

CMA Arif Farooqui 29 December 2012 at 12:58

W.e.f from Financial Year 2011-12, Professional (CA, CMA, CS) signing MCA Annual Return have to certify whether Cost Accounting Record Rules -2011 (CARR) or Cost Audit Orders (CAO) are applicable on company or not and mention Product or Service

Cheque Truncation System: Digitisation in Banks

R. Sudarshan Bala 28 December 2012 at 12:00

CHEQUE TRUNCATION SYSTEM: A TOOL REQUIRED FOR DIGITISATION IN BANKS As we all know the environment around us is highly dynamic and volatile which necessitates continuous updation and improvement in order to survive competitively. The

Alimony and Tax Implications

Manish Negi 28 December 2012 at 11:59

Meaning of Alimony Alimony or maintenance is a U.S. term signifying a legal obligation to provide financial support to one's spouse from the other spouse after marital separation or

What is Salary | How to Calculate TDS on Salary

@VaibhavJ 27 December 2012 at 11:33

TDS on salary is computed on Salary under section 192. TDS on salary is computed on the estimated annual salary of the employee at the rates in force in the FY

Master Circular on Audit System issued by Government

gokul rathi 27 December 2012 at 11:32

We are aware that every year, on 1st July, the Reserve Bank of India comes out with Master Circulars on various subjects which consolidate all the instructions on the subject issued throughout the year. 102 such Master Circulars have been issued b