S. No. Nature of amendment Rule Reference Earlier Version New Version Remarks 1. Inclusion of Sub-heading 860692 in defin
Phase-1(CPT)1.Preparation daysI had earlier mentioned in my previous post that I had joined CA amidst so much difficulties and confusion about what to do next in life.It w
The GST Council in its 37th meeting held on 20th September 2019 at Goa discussed and approved: (i) Some policy recommendations; (ii) certain amendments in the GST Law; (iii) reduction in GST rates for certain category of goods and services; and (iv) clarifications on GST rates for existing goods or services
HOW TO PREPARE A MINDSET FOR APPEARING IN EXAMS We all know CA exams recently concluded. Some of us would be enjoying this new found freedom and some of us would be preparing for the upcoming November exams. Friends, CA is not difficult to crack
Input tax credit is a concession granted by the State Government against the output tax liability on the sale or purchase of goods within the State jurisdiction. To avail such concession one has to fullfill the conditions imposed by the statue subjec
A new Income Tax regime was introduced by FM Smt. Nirmala Sitaraman in Budget 2020 with more tax slabs and lower tax rates. In this article, we do a comparative analysis of the Old and New Income Tax Regime.
Senior management continually seeks ways to improve control over the organizations they lead. Internal controls are implemented to keep public or private enterprises, non-profit and other entities regardless of size on course toward
A few days back while looking at the Index movements on BSE, I came across an index with the name �S&P BSE Dollex�, though many of you might be already aware of this index but it was new to me, the name seemed interesting and I was cu
Loans from shareholders, directors & their relatives has been a major & easy source of finance for many private companies. However, with new Companies Act, 2013 bringing all such loans, except from directors, under the ambit of deposits, all
We all got to hear by now that some major companies in India including Tata Consultancy Services (TCS) are planning to buy back its shares in order to improve e...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English