CAclubindia Articles

ROI vs Profit Margin : Which is Better?

Nikhil Kothari 25 April 2020 at 10:49

There are two common ways to estimate profitability in the business world, one is to consider the profit margin, and the other is to calculate Return on Investment (ROI). Profit margin percentage is calculated by breaking down the item price into cost and profit, whereas ROI focuses on the investment value of a product.

RBIs liberalised remittance scheme

Prashant Shah 25 April 2020 at 10:49

Remittance is an income earned in foreign which is transferred to any family member/relative in the country from any foreign nation. The Reserve Bank of India regulates remittances from foreign nations through its Liberalised remittance scheme. RBI liberalized remittance Scheme is not available to corporates, partnership firms, HUF, Trusts, etc.

Mutual Funds Sahi Hai?

Kashish Mehta 25 April 2020 at 10:49

India's financial sector is under intense strain, grappling with a liquidity crisis. In such unprecedented times, Franklin Templeton Mutual Fund ('FT India') is another victim of Covid-19. FT India have decided to shut six of its open-ended debt funds.

Section 6 of the Income Tax Act

Jigar Rajendrabhai Mansatta 25 April 2020 at 10:49

Section 6 of the Income Tax Act contains provisions related to the residential status of an assessee. The Finance Act 2020 amends provisions related to the residential status of the non-resident.

TDS on salary Section 192 Income Tax Act

Vaishali Dhek 24 April 2020 at 13:47

Section 192 of the Income Tax Act contains provisions with respect to TDS on Salary. Any employer who pays income to his/her employee under the head salary is liable to deduct TDS on salary under section 192.

Procedure of trust registration in Punjab

CS MOHIT SALUJA 24 April 2020 at 11:18

As per the Indian Trust Act 1882, a Trust is an arrangement where the author/ owner (trustor) transfers the property to someone else (trustee) for the benefit of a third person (beneficiary).

SEBI relaxations in buy back regulations due to COVID-19

CS Lalit Rajput 24 April 2020 at 11:17

Relaxation in Regulation 24(i)(f) of the SEBI (Buy-back of Securities) Regulations, 2018 due to the COVID 19 pandemic

GST rate on royalty paid to obtain license for mining services

Pradeep Jain 24 April 2020 at 10:31

GST Update on applicable rate of GST on royalty paid to obtain license for mining service. The AAR recently held that the applicable rate of GST on the royalty paid under a mining lease agreement with the government attracted a GST rate of 18% under the reverse charge mechanism.

IT slab rates for FY 2020-21

Chandra Sekhar Reddy 24 April 2020 at 10:31

Income Tax Slab Rates for the FY 2020-21 and AY 2021-2022. The taxpayers can pay tax under new or concessional rates in FY 2020-21.

Impact of drastic fall in crude oil prices on Indian Economy

Mayank Mohanka 24 April 2020 at 10:31

A negative price suggests, instead of buyers paying the sellers, sellers were paying buyers, $37 per barrel of crude oil, along with the crude oil.The producers (who dig the oil) didn't want it. The refiners won't touch it. And the consumers have no need for it.At the close of trading hours, the Crude OIL WTI future price breached the $0 level.