Popular Articles

Requirement of Public Holding for Listing

CA Ayush Agarwal 03 July 2010 at 13:29

Rationale for requirement: A large number of shares distributed among a large number of shareholders are essential for the sustenance of a continuous market for listed securities to provide liquidity to the investors and to discover fair prices. The

Draft Guidelines for upcoming GAAR provisions

Niraj K Shah 03 July 2012 at 13:53

Draft guidelines regarding implementation of General Anti Avoidance Rules (GAAR) in terms of section 101 of the Income Tax Act, 1961. What is GAAR? GAAR stands for General Anti- Avoidance Rules. In several countries anti tax avoida

RBI cautions users of Virtual Currencies against Risks

Sunny 26 December 2013 at 12:50

The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing the

Advance Tax Payments: Due Dates and Interest on Late Payment

VISHAL BANSAL 13 December 2018 at 10:43

What is Advance Tax?Advance Income Tax means to pay your yearly income tax liability in installments. It reduces the excess burden of assessee�s at the en

Applicability of tax on Cashback

Suresh Thiyagarajan 28 June 2019 at 11:22

In the increasing backdrop of E-commerce platform of doing business, there arises a tax angle on how to deal with Cashback. Though Income tax, tax the income ar..

7 Financial Lessons to Learn in Your Twenties

Ramalingam K 06 November 2015 at 10:30

How often have we heard that, �the sooner you start saving, the better it will be�? Early savings will only bear sweet fruits, it will never cause any harm.People, who are unable to save early, often wish they had. They share their experi

New Phase for Construction Industry FDI Liberalisation

RASHMI VADAVI 08 December 2014 at 11:11

Department of Industrial Policy and Promotion (DIPP)s release of Press Note 10 of 2014 on 3rd December 2014 relaxes the norms of Foreign Direct Investment (FDI) Policy with respect

Ascertaining the Capital Requirements

CA S.SAIRAM 19 August 2010 at 11:18

ASCERTAINING THE CAPITAL REQUIREMENTS Fixed and Working capital assessments are a professional exercise which demands strong knowledge of business operation as well as finance. Working capital is the active portion of the capital for a business. It

Direct Foreign Direct Investment (FDI) in India

Neeraj Sharma 12 August 2015 at 11:21

After hearing enough rambling on FDI�s and its urgent need to stop Indian rupee fall, one is very curious to know about FDI and trying to understand what qualifies as FDI and what routes are available for them to invest in our country.Foreign D