CAclubindia Articles

Netizens Shocked as Man Pays Rs 50,000 to Resolve Rupee 1 Income Tax Issue

Mitali 11 July 2024 at 11:36

A man in Delhi claimed about paying a large fee to a chartered accountant for a minor tax dispute. He paid Rs 50,000 to a CA for resolving a tax notice where the disputed amount was only Re 1.

Case Study: Composition of Board of Directors of Insurance Company

FCS Deepak Pratap Singh 11 July 2024 at 08:33

Preferential Life Insurance Ltd. was incorporated to conduct the insurance business. The Certificate of Registration was issued to the company on 1st June 2014.

Fund Management: Maximizing Returns and Minimizing Risk

Priya Garg 10 July 2024 at 17:51

In today's fast-paced financial world, effective fund management is crucial for investors looking to maximize returns and minimize risk. Whether you are an indi..

IPO Process: Guide to Successfully Taking Your Company Public

Affluence Advisory 10 July 2024 at 08:35

An IPO is an important step in the growth of a business. It provides a company access to funds through the public capital market. An IPO also greatly increases the credibility and publicity that a business receives.

Prepaid Payment Instruments (PPIs): Powering Financial Inclusion in India

Mayank Vashishta 09 July 2024 at 08:45

Let's delve deeper into PPIs, exploring their functionality, the advantages they offer, the RBI's regulatory framework, and their contribution to financial inclusion.

Share Market at Record High, But my Portfolio is not! Why?

CA Umesh Sharma 09 July 2024 at 08:41

Sensex has touched a record high of 80,000 this past week. While this seems like a remarkable achievement, many investors are worried as their portfolios are not reflecting these all-time highs? Why such?

FAQs on New Vs Old Tax Regime For AY 2024-25

Mitali 08 July 2024 at 15:16

The Finance Act 2023 has amended the provisions of Section 115BAC w.e.f. AY 2024-25 to make the new tax regime the default tax regime for the assessees being individuals, HUF, AOP (not being cooperative societies), BOI, or artificial judicial persons.