CAclubindia Articles

Corporate Compliance Calendar - February 2023

CS Lalit Rajput 13 February 2023 at 10:58

This article contains various Compliance requirements for the Month of February, 2023 under various Statutory Laws.

Procedure of transfer of shares by gift & tax implications

FCS Deepak Pratap Singh 13 February 2023 at 10:02

In some occasions, gift to individual is exempted such at marriage and gifts receipt by a person from his/her relatives. The definition of relatives has been given in Section 2(47) of the Companies Act, 2013.

6 Benefits of Employee Monitoring Software

Member (Account Deleted) 13 February 2023 at 08:52

In this article, we will explore six key benefits of employee monitoring software.

Income Tax Calculation: Old Regime Vs New Regime

Aisha 11 February 2023 at 15:22

In India, the income tax is governed by the Income Tax Act, 1961 and is imposed by the Central Board of Direct Taxes (CBDT). The taxable income of an individual is taxed at different slab rates, based on the individual's income level.

Old vs. New Personal Tax Regime: An Explainer on Making an Informed Choice

Mayank Mohanka 11 February 2023 at 13:00

With a view to rationalize the personal tax slabs and simplifying the complex maze of a plethora of deduction claims of individuals and HUFs in their income tax returns, the Government has introduced a new regime of personal tax, by introducing a new section 115BAC w.e.f. FY 2020-21 and onwards.

Major Changes under Income Tax in Budget 2023

kowsalya 11 February 2023 at 13:00

A Resident Individual is entitled to a Rebate of 100% of the amount of tax payable under the provisions of Section 87 A of the Act for the total income up to Rs. 7 Lakhs ( earlier it was Rs. 5L)

ITC and CSR Expenses

CA Roopa Nayak 11 February 2023 at 12:48

In this article, the author has examined the eligibility of ITC on expenses related to CSR, in light of the proposed amendment in Budget 2023.

Understanding Financial Fundamentals through Debt to Equity Ratio

CA Anurag Sharma 11 February 2023 at 11:50

Here's the third most important financial parameter: Debt to Equity Ratio

Important Updates and Due Date Compliances under GST for Feb 2023

Tarun Kr. Gupta 11 February 2023 at 08:49

Please find below the important clarifications/ amendments issued by the Government on GST in January/ February 2023 along with compliance timelines in February..

Twitter Space Discussion on - Impact of Budget 2023 on GST

CCI Team 10 February 2023 at 10:34

The discussion was hosted by Sri CA Dinesh Wadera and various esteemed panelists participated in the discussion. Sri CA Abhishek Raja gave a clear insight on amendments of GST Sections announced in the Budget 2023