CAclubindia Articles

Need to Know About Chartered Accountants Career in India

Posted by Ca Pardeep Makkar 31 March 2012 55973 Views

Chartered Accountancy is a profession that is as desirable as the Engineering and Medical ones. The corporate sector of the industry is always in a need of chartered accountants and with the booming economy, this need is only going to increase. Whe

Budget Changes in CENVAT Credit Rules

Posted by CA.Manindar Kakarla 30 March 2012 35758 Views

Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their

E - I Transaction

Posted by Guest 30 March 2012 14960 Views

Transit Sales under the CST Act. Transit sales These are generally known in the market as 'LR sales', , 'subsequent inter-State sales‟ and 'E-I sales'. However these words including the words transit sales‟ do not find

Core Investment Company - An Insight

Posted by CA Kishore Tallam 30 March 2012 36001 Views

Core Investment Company (CIC): On August 12, 2010, the Reserve Bank of India (RBI) issued a notification DNBS (PD) CC.No.197/03.10.001/2010-11 prescribing the regulatory framework of a Core Investment Company. On January 05, 2011, the RBI issued

Burning issues in Direct taxes Budget- 2012

Posted by CA Nikhil Jhanwar 30 March 2012 19943 Views

BURNING ISSUES IN DIRECT TAXES The present Budget has made various amendments and changes in respect of income taxpayers. Here is the critical analysis and impact of the major changes in Budget 2012 in respect of personal Income Tax: E

To all CPT Cleared Students Going for IPCC

Posted by Aravindh K 30 March 2012 27314 Views

Some Thing to know before u guys dive into the toughest phase of Chartered Accountancy! (This text might seem boring and odd-sized but as a student of CA, I'm sure you can take it![;)] ) Well.What is tough in this phase

Don't Retire Hurt!

Posted by Prof. Bajaj 30 March 2012 7213 Views

Retirement Planning has become a buzz-word these days! Every newspaper, every news-channel seems to talk something or the other about retirement planning. What is more surprising is, when talking about retirement planning, everyone is just talki

Tax Hell?

Posted by Venkatesan.k 30 March 2012 5012 Views

Introduction Finance Ministry, while presenting the much disillusioned and indifferent Union Budget with heavy fanfare and subsequent silence, brought out an amendment that took many people by surprise. It was not just a normal amendment. Rathe

Budget changes in service tax relating to Construction Industry

Posted by CA.Manindar Kakarla 28 March 2012 25943 Views

New Definition for Work Contract A new definition for the Work Contract has been introduced through Sec 65B (54) and is as follows: "Works contrac

Winners Vs. Losers

Posted by RaGHuRaM 27 March 2012 21860 Views

Winners are made out of positive attitude towards life, aims and goals of life. As long as you are trying to achieve your goals without giving up, you are a winner. When one of your goals is achieved, aim for something bigger and better, and keep yo