CAclubindia Articles

How can businesses mitigate the adverse affects of COVID-19?

CA Saad Ali Kazi 28 April 2020 at 10:32

It is time to introspect the impact of the lockdown and take measures to minimize the same. As the day-to-day activities of businesses are on descent, it is a good opportunity for entrepreneurs to analyze their businesses. This will not only help in minimizing the impact in the aftermath of the COVID-19 crisis but also will help in the long run and change our business approach.

TDS on Salary for F.Y.2020-21

CA Umesh Sharma 28 April 2020 at 10:32

As per the official notification of the CBDT it is mandatory for an employee to intimate his employee if he is opting for the concessional tax rates under the new tax regime for the purpose of TDS deduction on salary.

Decoding section 115BBE

CA Ankesh Patni 28 April 2020 at 10:31

This article aims at highlighting the retrospective amendment in provisions of section 115 BBE of the Income Tax Act, 1961 and its applicability.

Liability to deduct tax at source by individual and HUF under Finance Act 2020

CA Mehul Thakker 28 April 2020 at 10:31

Liability to deduct tax at source under section 194A, 194C, 194H, 194I and 194J was first introduced by the Finance Act, 2002 by inserting various proviso to the respective sections.Proviso to section 194A(1), Proviso to Section 194C(1), Second Proviso to 194H(1), Second Proviso to Section 194I(1), Second Proviso to 194J(1) were inserted by Finance Act, 2002 w.e.f. 01-06-2002

Suggestions on recommended scale of fees for CAs

CA Satish Badve 28 April 2020 at 10:31

This recommended scale of fees declared for Chartered Accountants came out with revisions. Since it is a recommended measure neither the appointee who hires the services of chartered accountant nor the persons who get hired have major say in this issue. Here are some suggestions on how the recommended scale of fees for CAs should be revised.

How can I view and file Form GST PMT-09?

Suhasini 28 April 2020 at 10:26

The facility to file GST PMT-09 is now available on the GST Portal. The form GST PMT-09 helps to transfer cash balance from one head to another in the electronic cash ledger.

The Franklin-Templeton Fiasco

Paritosh Joshi 27 April 2020 at 17:03

In these turbulent times when uncertainty has gobbled up whole of the market. With all the production processes halted and oil being left unused in the storages..

Interaction with GST expert CA Sudhir Halakhandi

CA AJAY SHARMA 27 April 2020 at 13:32

CA AJAY SHARMA: Hello! Friends. You are most welcome to our show KNOW YOUR GST PERSONALITY.Today We have with us a renowned GST Personality Mr. Sudhir Halakhand..

Key Highlights of RBI Liquidity Support to Mutual Funds due to COVID-19

CS Lalit Rajput 27 April 2020 at 11:47

RBI Announces Rs. 50,000 crore Special Liquidity Facility for Mutual Funds vide press release 2019-2020/2276 dated 27th April, 2020. In view of the situation arising due to the COVID-19 pandemic and extended lockdown period.

Issuance and listing of green debt securities disclosure requirements

CS Lalit Rajput 27 April 2020 at 10:50

A Debt Security shall be considered as "Green" or Green Debt Securities if the funds raised through the issuance of the debt securities are to be utilized for the project(s) and/or asset(s) falling under prescribed categories like Renewable and sustainable energy,energy efficiency including efficient and green buildings etc.