CAclubindia Articles

How to prepare yourself for changes in tax laws and serve your clients better as a CA

CA Rakesh Ishi 18 March 2023 at 07:02

As a chartered accountant, staying up-to-date with changes in tax laws is crucial to providing the best possible service to your clients.

Section 80GGB & 80GGC: Deduction in respect of contribution to political parties

CA Alexandar Gazi 18 March 2023 at 06:56

Deduction in respect of Contributions given by Indian Companies

Link PAN with Aadhaar by 31st March: SEBI direction to Investors

Affluence Advisory 18 March 2023 at 06:56

SEBI has directed all investors to link PAN with Aadhaar numbers by 31st March 2023 for seamless transactions in the securities market.

Higher TCS on Foreign Remittances: What Parents Need to Know While Sending Money for Education Expenses

Rashmi 18 March 2023 at 06:56

The Union Budget 2023 proposed to increase the tax collection at source (TCS) for foreign remittances under the liberalised remittance scheme (LRS) from 5% to 20%.

Export under GST

CA Sanat Pyne 18 March 2023 at 06:56

Under GST, the term "Export" refers to the supply of goods or services that are sent outside the territory of India. This means that any supply of goods or services that leaves India's boundaries can be considered an export.

Income Tax Arrears Relief Calculator u/s 89(1) with Form 10E for FY 2023-24 and AY 2024-25

Pranab Banerjee 17 March 2023 at 13:18

Salary arrears are understood as unpaid wages of the previous period accrued in the current year. There may be a subsequent revision of the employee's wages or a disputed wage which is then issued by the employer.

Be Prepared: Income tax rule changes you should know for New Financial Year

Rashmi 17 March 2023 at 08:58

The Finance Act, 2020 has introduced a new tax regime which is now the default regime for Individuals, HUF, AOP (other than co-operatives), BOI & AJP.

Form MGT-7: An Overview

Ishita Ramani 17 March 2023 at 08:53

MGT-7 is an electronic form issued by the Ministry of Corporate Affairs for all companies for filing the data of their income and expenditure for the particular year.

One Person Company: An Overview

Y Ramakrishnan 16 March 2023 at 14:42

One Person Companies (OPCs) in India are a unique type of corporate entity that was introduced in the Companies Act, 2013. The concept of OPCs was introduced with the objective of promoting entrepreneurship and providing a simpler form of business structure for individuals.

E-invoice and recent circular under GST

Member (Account Deleted) 16 March 2023 at 09:01

Every registered taxable person whose aggregate annual turnover exceeds Rs. 10 Cr in any of the financial year starting from 2017-18 is liable to issue e-invoice by way of uploading its tax invoice in json file on Invoice Registration Portal (IRP) in accordance with e-invoice schema in INV-01 and getting back digitally signed json from IRP with IRN and QR Code.