CAclubindia Articles

Decoding GST on remuneration paid to directors

Anirban Sinha 15 April 2020 at 10:51

Taxability on remuneration paid to the Directors

Need of disaster recovery plan and business continuity plan in Indian business after COVID-19 Outbreak

CA Deepak Suthar 15 April 2020 at 10:51

As I know before COVID-19 outbreaks disaster recovery planning and business continuity planning was only part of the curriculum in highly professional courses in India like Chartered Accountancy.

Format of the certificate to avail ESIC and EPF relief Scheme

CS Lalit Rajput 13 April 2020 at 15:07

The format of certificate to avail relief measures introduced in the ESIC and EPF Scheme which proposes to pay 24 % of the monthly wages into EPF accounts for the next three months of Wage-earners below Rupees 15,000/- per month.

Re-Run of the Classical System of Taxing Dividends in the hands of Recipients, like the Re-Run of "Ramayana"

Mayank Mohanka 13 April 2020 at 11:03

The Finance Act 2020 has re-introduced the classical system of taxing dividend income in the hands of recipient shareholders at their respective applicable slab rates and the domestic companies or mutual funds are not required to pay any DDT on such dividend income, w.e.f. AY 2021-22, i.e. w.e.f. 1.4.2020.

COVID-19: Summary of relaxations from MCA

CS Rashi Jain 13 April 2020 at 11:03

Due to the outbreak of COVID-19 the MCA released various relaxations for companies. MCAs relaxations include the Companies Fresh Start Scheme, deferment of applicability of CARO, allowing Board Meetings through video conferencing, etc.

Bank Audit: Recent Changes and Key Aspects

CA Kushal Soni 13 April 2020 at 11:03

Bank audit is one of the most critical functions auditors perform every year. Bank Audit plays an important role in promoting confidence in the financial information provided by banks to various stakeholders. Here are the key changes in Bank Audit due to COVID-19 outbreak.