A CA can earn up to 75 lakhs per year in the present (post-pandemic) circumstances, with the lowest packages being around 5-6 lakhs per year.
From passing the entrance exam, training as an article, clearing the next two levels of the course, one has to go through a lot to become "A Proud Chartered Accountant".
As per ICAI, the average salary of a CA in the campus placement, held in Feb-March was Rs 8.40 lakhs p.a. The highest salary package offered was 22.30 lakhs p.a.
Tax calculated under self assessment is required to be deposited by the assessee before submitting an ITR. The tax so paid shall be adjusted towards the tax liability as ascertained on regular assessment.
Filing of tax return within the due date is mandatory to claim specified losses for an individual taxpayer, such as losses from capital gains, business, or profession, etc.
Excess of anything can be harmful to our body/mind/soul, you name it. Even if the item is proven to be having many benefits accruing as a result of the consumption.
In the case of freshers and for a person who is yet to have a firm footing in the profession, one has to articulate about their academics and skill sets in a document which is called Resume or CV.
In order to decide which is a better option for CA or MBA, it is important to understand that both of these are professional courses and can lead to a successful career in their own unique ways.
A hands on experience will play a crucial role in developing an understanding of how the organizations work and applying the knowledge or skills gained in their practice.
In business, many tax laws are applicable. Every law prescribes provisions for maintaining books of accounts and relevant records. So, one should discard old books as per provisions of law.