CAclubindia Articles

Prosperity in Diversification: Why you should invest in Multi-Asset Funds?

Akshay Sharma 14 February 2023 at 09:13

For a substantial proportion of investors in India, the range of investment options has been limited to risk-free investment instruments. In India, earlier generations viewed asset classes containing any element of risk with skepticism.

Procedure of Voluntary Strike Off a Company under Companies Act, 2013

CS Rajnish Pandey 14 February 2023 at 09:13

Rules 3, 4, 5, 6, 7, 8, 9 and 10 of the Companies (Removal of Name of Companies from the Register of Companies) Rules, 2016, and Rules 7, 8 and 12 the Companies (Registration Offices and Fees) Rules, 2014

Old Tax Regime or New Tax Regime - Which one is better?

CA Umesh Sharma 13 February 2023 at 16:40

Honourable Finance Minister Mrs Nirmala Sitharaman had declared the Finance Budget of 2023-24 on 01st February in the Lok Sabha. Why there is a lot of discussion going around the Old Tax Regime and New Tax Regime of the Income Tax regime?

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)