CAclubindia Articles
Self Improvement
Self Improvement Article for Students Success - Do you believe that you can succeed ? When one sets out to reach his goal like cracking an examination the possible thing that he would want is to succeed. However, it is important to see how many b
User Guide on Paying MCA21 Fees Via NEFT
Introduction: Currently MCA21 payments are allowed via Credit Card, Internet Banking & Physical Challan. The Ministry has authorized 5 banks (Indian Bank, HDFC, ICICI, PNB and SBI) for collection of MCA21 fees, which means that only the accoun
Circular Resolution Written Resolution
Passing of a Board Resolution by Circulation under Companies Act, 1956 of India Provisions Applicable Section 289 read with Regulation 81 of Table A of Schedule I. Provisions in Brief Whatever act is required to be done by the Boar
Deferred Tax Liability
Deferred Tax Liability is the difference between the provision of tax and actual tax. It is the timing difference that arises because of the tax calculated as per Companies Act and Income Tax Act. Example:- Provision for Tax in the P/L was Rs.
Fast Track Exit Mode for Defunct Companies
Initially Ministry had issued Easy Exit Schemes to give an opportunity to the defunct Companies to get their name strike off from the records of ROC.
Is collateral security necessary for bank loans?
The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, the Banking Regulation Act, 1949 was amended. The steps taken by amending the B
A Brief note on MCA's Green Initiative Circulars
MCAS Green Initiative; In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has taken a Green Initiative in the Corporate Governance by allowing pap
Holding of Board Meetings through Electronic Mode
Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor
Role of Chartered Accountants in Investment Banking
"Morgan Stanley offers $200,000 to IIM student for Investment Banking role!" One often reads such lines in newspapers.
How competitive does CA make us for top 'finance' roles?
ICAI constantly markets CAs as 'partners in national building', 'trusted business advisors' etc. I guess if we discharge the audit/certification function properly, help the Governments switch to accrual accounting and help in monitor
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