CAclubindia Articles

Tax savings a write up..

Posted by Aisha 06 November 2007 6912 Views

Tax-saving is a year-long business. This is because the returns matter as much as the tax saved through the investment. Death and taxes are a certainty. But, financial planning takes care of both. As far as taxes go, major tax-saving instruments are

All u wanted to know about NRI investments

Posted by Aisha 06 November 2007 6896 Views

NRI investments: Some FAQs------------ --------- --------- --------- --------- --------- -Welcome to the NRI Club! But with this change instatus, are you allowed to continue investing inIndia? Read on to know about the regulations you needto comply w

Life as an Articled Assistamt II

Posted by KAAPIL 06 November 2007 10508 Views

Life as an Articled Assistant moves into second part. The reason : Number of hits and appreciation messages from Admin and CA Sampat Jain. I thank you all for the same. It boosts my moral. Dear Students, all of you must have been through with the tax

Tax-exempt gifts from relatives and others

Posted by Aisha 05 November 2007 11150 Views

It is very common for people to receive gifts from friends and relatives. In some cases, gifts are also received from NRls. Let us consider the latest provisions of the Income Tax Act, 1961 regarding gifts, and analyse how individuals can achieve com

FBT formula may stay same on all streets

Posted by Ankit Dangayach 05 November 2007 4988 Views

NEW DELHI: Valuation guidelines for fringe benefit tax (FBT) on employee stock options (Esops) may be tweaked slightly. Companies listed on select international stock exchanges may get to follow the norm meant for listed companies in India as the go

CA Students and the power of money

Posted by KAAPIL 04 November 2007 10379 Views

Money! Oh yeah! The most powerful thing in the world. Money is what money does. Money can buy Rs. 251 Crore Corporate Jet by Mr. Mukesh Ambani for his wife on her birthday. It is money which makes rich and famous. Carlos Slim, Warren Buffet and Bill

5 tips for surviving an audit

Posted by Mr. PURNA P 03 November 2007 16174 Views

5 tips for surviving an audit If you are being audited, don't panic. Be prepared and know your legal rights.1. Do your homework. Before you go into the auditor's office, get organized. Get all your papers together. Go over your return carefully. Beco

CA Students should become like Arjun

Posted by KAAPIL 01 November 2007 11218 Views

I am once again addressing articles to all CA Students. Dear Friends, I have noticed among few students that there is a trend to do other courses in order to get an added qualification. Please do remember that CA itself is the best qualification by a

Life as an Articled Assistant

Posted by KAAPIL 31 October 2007 14003 Views

I am addressing to all the students who are or are going to become Articled Assistant. Remember, your life will start at office and this is the time to grab the opportunity to learn. There is a popular adage, "I wanted to learn but nobody taught me"

Auditing needs to become global

Posted by Aisha 29 October 2007 5925 Views

European investors today regularly invest across national borders. In order to safeguard their interests, the European Commission (EC) is concerned about the regulation of non European Union (EU) audit firms and has proposed principles for such regul