Introduction Restricted Stock Units (RSUs) are performance-based employee benefit by means of stocks granted by the company that entitles the employees to enjoy the shares of the company (or cash equivalent of the shares) on the exercise date, provided that the conditions pertaining to performance and duration of work have [...]
How to Choose Right CA Firm in Chennai for your Articleship: Choosing the right CA firm for your articleship is an important decision that can have a significant impact on your career as a chartered accountant. Here are some tips to help you select the best CA firm for articleship: [...]
The concept that companies are independent corporate personalities and have separate juristic nature has been often misused for illicit purposes, including money laundering and other illegal activities. To bring transparency to the manner in which shares of companies are held, and in compliance of India’s obligations to align its regulatory [...]
Union Budget- 2020: New Compliances for the Charitable Trust & Institutions. One of the sectors where substantial changes are proposed by the Finance Bill, 2020 is with regard to recognition of charitable trust, NGO & other institutions claiming tax exemptions. [...]
Each company having the transactions with Micro and small enterprises as defined under MSME development Act, 2006 shall be required to file the detail of overdues payable to such Enterprises. Which Companies are required to file the Form: MSME-1? Specified Company: Any Company having payments outstanding to “Micro And Small [...]
Budget Highlights:- (1) Reduction in rate of Corp. tax from 30% to 25% for next 4 years. 2) Increment in Service tax from 12.36% to 14 % 3) Increment in Excise duty from 12.36% to 12.50%. 4) Abolition of wealth tax. Instead increment in 2% additional surcharge on super rich [...]
ICAI has around 2.10 lakh members at present More than one lakh students join the chartered accountancy course every year with 45 to 50 percent of them being girls. This was mainly due to the lower education costs for pursuing CA when compared to other professional courses, according to the [...]