CAclubindia Articles

TCS on Credit Card Payments: Impact on International Transactions and How to Navigate the Changes

CA Krishna Kumawat 22 May 2023 at 08:41

With the recent amendments in the Foreign Exchange Management Act (FEMA), international credit card spending now falls under the Reserve Bank of India's (RBI) Liberalised Remittance Scheme (LRS).

RBI Withdraws Rs 2,000 Banknotes - FAQs and Guidelines

Rashmi 20 May 2023 at 07:17

The Reserve Bank of India has announced that it will no longer circulate the Rs 2,000 currency notes.

Taxation for NRI in India

Poojitha Raam Vinay 20 May 2023 at 07:17

Non-Resident Individual is an individual who is not a resident of India for tax purposes.

How do make Trust Deed?

Ashok Pitroda 19 May 2023 at 08:53

This agreement of trust is executed amongst the following persons.

Home Loans: Factors to be considered before you apply

Affluence Advisory 19 May 2023 at 08:48

There are several factors to consider when applying for a home loan, some of which are illustrated in this article!

20% TCS on credit card payments made outside India, effective July 1, 2023

Shree 19 May 2023 at 08:46

This move is expected to help track overseas transactions, but it has also drawn criticism from some who say it will make it more expensive for Indians to travel and shop online and increase the burden of compliance on the existing taxpayer

All you need to know about Filing Form ADT-1

Ishita Ramani 18 May 2023 at 14:19

This article provides detailed information on the filing fees for ADT-1, the process of filing Form ADT-1 with MCA (Ministry of Corporate Affairs), the deadline for submitting ADT-1, and the necessary documents required for ADT-1 filing.

Dynamics of Practice

Mr. C SANJEEVA RAO 18 May 2023 at 10:45

Tax Practice may appear, from a distance, to be lucrative and effortless whereas it is not so primarily on account of the cumulative effect

Cyber Security and Awareness

DURAISWAMY SUBRAMANI 18 May 2023 at 10:35

Cyber security awareness is an ongoing process of educating and training employees about the threats that are happening in cyberspace, how to prevent them and what they must do in the event of a security incident.

Physical Verification in Indian GST: A Comprehensive Guide - My Experiences

Abhishek Raja 18 May 2023 at 08:48

In this comprehensive guide, we will explore the various aspects of physical verification in Indian GST, the standard operating procedures, and the implications for businesses.