Type of Pen and Pencil to be used for CA Exams: ICAI Norms

Candidates appearing forCA IPCC/ CA Final should write the answers only in black ink and in no other colour (applicable with effect from Nov 2017 Exams). Earlier both blue as well as black ink was allowed. However, with effect from...

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Summary of IFRS 3 – Business Combinations

A business combination is the bringing together of separate entities or businesses into one reporting entity. The Result of nearly all business combinations is that one entity i.e. the acquirer, obtains control of one or more other businesses. Scope of...

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Prepayment Penalty on Home Loans in India – Abolished

In a relief that has come to Home Loan borrowers, the Prepayment Penalty on Home Loans has been scrapped and abolished by the Regulator of Home Loans in India i.e. the National Housing Board (NHB) The Notification for Removing Pre-Payment...

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Demat Account – Benefits and Process of Dematerialisation

The Indian capital market has witnessed phenomenal growth in the past decade and a half in terms of listed companies, number of stock exchanges, investor population and trade volumes. One of the major reasons behind this growth has been the...

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Summary of IFRS 2 – Share Based Payments

The Objective of IFRS 2 is to specify the financial reporting by an entity when it undertakes a share based payment transaction. In particular, it requires the entity to reflect in its Profit & Loss position – the effects of...

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How to ensure safety of your Bank Locker & Bank Locker Charges

We all know that it is always safe to keep your valued assets in a safe in the Bank Lockers but how safe are these Bank Lockers. Who can guarantee the safety of your assets with the newspapers being full...

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Use of Calculators in CA Exams: ICAI Norms

Students of CA PCC, CA IPCC & CA Final are allowed to use battery operated portable calculators in all the subjects. The calculators can be of any type with up to 6 functions, 12 digits and up to two memories....

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How to open a DEMAT ACCOUNT & Demat Account Charges?

The growth which our economy has seen in the last few decades has been commendable. And with growth in the Economy, the disposable income of people has also increased. With higher salaries, people now want to invest in Stock Markets...

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How to compare your Mutual Fund performance with other Mutual Funds

Keeping track of the performance of your Mutual Fund and comparing Mutual fund Performance is as important as selecting a Mutual Fund. However, very few Investors do the same. It has been found that most of the Investors only do...

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Transfer Pricing: Methods of Computation of Arm’s Length Price

The Provisions of Transfer Pricing have been introduced to ensure that income arising from an International Transaction between Associated Enterprises shall be computed having regard to the Arm’s Length Price. Any cost or expense allocated or apportioned between two or...

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