Free Software’s for CA’s to set up their own practice

Following up from my last article wherein I shared various cost effective methods for CA’s to set up their own practice, I will now be sharing with you – various free accounting and office softwares which will help CA’s in...

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ICAI Announcements by Board of Studies applicable for CA Students

All Announcements made by ICAI which are applicable for CA Students for their CA Exams are notified by the Board of Studies and are put up on the Notice Board as well as on the Website of ICAI. Students can...

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Maximum Limit of sending money from India to US & Other Countries

With the advent of Globalisation, more and more Indians have now started settling abroad. They are not only settling abroad but have also started sending money from India to US, Canada, Australia, Europe, Dubai and other Countries. As a step...

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How to apply for Duplicate Marksheet & Pass Certificate of CA Exams

If you have misplaced your Marksheet or Pass Certificate of CA Exams awarded to you by ICAI you are requested to follow the following procedure Procedure for Issue of Duplicate Marksheet of CA Exams For issuing a duplicate marksheet of...

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Grossing Up & Computation of Income Tax Liability of Expats in India

In the previous article I explained about the concept of taxation of expatriates. (Refer article – Taxation of Expats in India) Now I with explain with an example how to compute the tax liability for an expatriate. Taxation of expatriate...

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Prepayment and Refinancing as tools to reduce the increasing EMI’s

Has the Interest Rate caught you off guard and you are in a situation where you don’t see a way to cope with the rising EMI’s of floating home loan rates? Had you known about the steep rise in interest...

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Director Identification Number (DIN No.)

The concept of a Director Identification Number (DIN) was introduced for the first time in India with the insertion of Section 266A to 266G of Companies Amendment Act, 2006. The DIN is a unique identifier for an existing or a...

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What is Reverse Mortgage – It’s Meaning, Importance & Taxation?

Most people cherish a lifetime ambition to own a house property, which normally materialises while they are in active economic pursuit. Time comes, soon after retirement to reflect upon the need for cash resources to sustain their livelihood. Though they...

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Taxation of Expats

An Expatriate or expat is a person residing in a country, temporarily or permanently, which is different from his/her home country or you could say different from a country in which he/she is a citizen. This term is broadly used...

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Instructions issued to Examiners will now be disclosed under RTI

In what has come as a relief to the whole Student Fraternity, the Supreme Court has ruled that Instructions issued to Examiners for checking the papers can now be made public after the Examination has been conducted. The Supreme Court...

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