CAclubindia Articles

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

Taxation of gifts to NRIs and changes in Budget 2023-24

FCS Deepak Pratap Singh 10 February 2023 at 09:51

The Budget 2023 has also not disturbed taxation regime of NRIs except some provisions have been changed. The Shares generally issued to NRIs are of higher value and issuer's explanation to valuation is not satisfactory and hence the excess value above FMV will be taxable and any property gifted to NORI above Rs. 50000/- is chargeable to tax in India.

Understanding Financial Fundamentals through Price-Earnings Ratio

CA Anurag Sharma 10 February 2023 at 08:50

Continuing our investment series after Market Capitalization let us discuss another Pertinent financial fundamental i.e Price Earning Ratio.

SEBI revamps buyback methods and provisions relating to buybacks

Affluence Advisory 10 February 2023 at 08:50

Securities and Exchange Board of India ('SEBI') vide its notification dt: February 7, 2023 has brought in SEBI (Buyback of Securities) (Amendment) Regulations, 2023.

Form INC-20A "Declaration for Commencement of Business" on MCA V3 Portal

CA Ramanujan Sharma 10 February 2023 at 08:50

Process For filing form INC 20A

Can the Executive Chairperson be a member of the Nomination and Remuneration Committee (NRC) - A vexed Question

Ramaswami Kalidas 09 February 2023 at 15:50

Under Section 178(1) of the Companies Act, 2013 (hereinafter "The Act") Listed and other unlisted public companies which fall within the ambit of Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 are required to constitute the NRC of the Board.

Importance of Follow up procedure in Internal Audit

CA Amrita Chattopadhyay 09 February 2023 at 12:47

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.