CAclubindia Articles

Note on Revised Schedule VI: Shareholders' Funds

Ajay Mishra 10 April 2012 at 11:20

The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo

Role Of Company Secretary

mohan 10 April 2012 at 11:20

v The ICSI is a premier national professional body established under an Act of Parliament namely the Company Secretaries Act, 1980 v Functions under the administrative control of Ministry of Corporate Affai

Ideal Work Place of a Chartered Accountant

CA Prashant Gupta 10 April 2012 at 11:20

Hello friends, When you start your own practice, the first thing comes into mind is that why the office should be? Whether we require a small space or should be start with a larger space! Where it should be situated, in the mid of the town or a cr

Recent VAT Amendment in State Budget

CA CS Pawan Jajoo 09 April 2012 at 11:40

Changes in MVAT Act 2002 by the budget A. CHANGES IN TAX RATES : MVAT : 1. The exemption to wheat, rice, pulses and their flours, turmeric, chillies, tamarind, gur, coconut, cumin seeds, coriander seeds, fenugreek and parsley (Suva

Fast Track Exit

Priyanka 09 April 2012 at 11:39

Who can apply? (i) has not commenced any business activity or operation since incorporation; or (ii) is not carrying over any business activity or operation for last one year before making application under FTE. (i

Suggestions for Consideration for New Industrial Policy

CA Anil Garg 09 April 2012 at 11:39

The following suggestions may also kindly be considered while finalizing the New Industrial Policy for the state/country:- 1) Abolition of the concept of minimum charges and minimum contract period in power supply agreements by State Electricit

Share Valuation in Merger

CA Vivek Kumar Mishra 09 April 2012 at 11:39

Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o

SEBI (SAST) Regulations 2011

Shanmuga Priya 09 April 2012 at 11:39

SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res

Grab your Opportunity as it knocks

Tony John 06 April 2012 at 13:37

Knock Knock.Who is it?It is me Opportunity.What! Opportunity?But,wait a minute. No. You aren't opportunity.Yes I'm.No you aren't. Because opportunity knocks only once. But you have knocked twice.A simple story to con

Determination of Rate of Service Tax

Naveen Chand Khulve 06 April 2012 at 13:37

As rate of Service Tax has increased to 12.36% from existing rate of service tax 10.30% from 01.04.2012 so here I am sharing the point of taxation (POT) in such circumstances which must be considered by assessee while issuing invoice. Service was