CAclubindia Articles

Insurance Traditional or ULIPs

Posted by chandrima das 25 June 2010 4196 Views

Insurance (Traditional or ULIP’s) – An ideal solution provider to risk at every stages of human’s life The ultimate motive behind the launch of each life insurance policies are to provide insurance against the risk of one’s

Tax planning for Expatriates

Posted by CA S.SAIRAM 25 June 2010 33382 Views

TAX PLANNING FOR EXPATRIATES: The term ‘Expatriate’ is an undefined word in the Income tax act 1961. However, Non residents will become exigible to Income tax on any income accruing or arising or received in India. Expatriates are of thre

Service Tax on Job Work

Posted by deepak K Gujrati 25 June 2010 25593 Views

As per section 65(105)(zzb) of Chapter V of Finance Act 1994 as amended from time to time, taxable service means any service provided or to be provided to a client by any person in relation to business auxiliary service.

Do not join CA because your friends or relatives are joining the course

Posted by Elton Sukumar M 25 June 2010 15513 Views

NEVER DO MY MISTAKESThe inspiration to convert my trend Never Do my mistakes was the response which I received from the fellow members of CA club. The administrator of CA club and one of the top members of the club encouraged me to convert my trend

Credit Cards - Flowers and Thorns

Posted by Rahul Gupta 25 June 2010 9766 Views

I am recently reading some jokes on Internet and suddenly saw this joke on Credit Cards “This is a joke going around about the time when Larry King Interviewed Satan on his radio/TV Program. At one point during the interview, King asked Satan

Guideline to become CA

Posted by CA.ViVeK M ACA 24 June 2010 10672 Views

Have you ever dreamed the day you becoming a Chartered Accountant and settling in your life? In this connec

DTC Revised Discussion Paper - Issues, Concerns & Responses

Posted by Rahul Gupta 24 June 2010 24135 Views

On 15.06.2010, CBDT released Revised Discussion Paper on DTC. It covers 11 points on which comments were received after the release of Draft DTC provisions in August 2009. Through this article, I just try to explain the points covered by the Revi

Service tax wrongly levied on Interest/Finance charges

Posted by Seetharaman K C 24 June 2010 13263 Views

It has come to my notice that several banks are charging service tax on interest and finance charges on credit card payments. In certain cases although the nomenclature is clearly mentioned as “Interest” still the bank has charged servic

Chinese Yuan Appreciation

Posted by CA SivaPriya V L Tenneti 24 June 2010 5525 Views

TO BEGIN WITH: On 20th June 2010, China announced that it will take steps to let its currency Yuan appreciate against US dollar ending its fixed rate regime. People’s Bank of China came up with a statement the next day saying that China will no

When will the buying opportunity come?

Posted by Equitymaster 24 June 2010 6574 Views

Indian investors have to contend with two conflicting set of facts right now. Let us take them one by one. First is the bailout package that the leaders of the developed world used after the global financial meltdown. Basically, the governments ha