GST amendments to goods transport agencies
From July 2022 the GST rates charged over GTA from the central board of indirect taxes and customs had been reduced. The forward option led the agencies to pay 5 or 12 per cent of tax. If the agency has registered under the CGST Act of 2017, they are applicable for the exemption. The make […]
Can CMA become CFO?
CEO, CFO and COO are the three ranks standing after the position of managing director of the company. CFO has the authority to communicate with the board members, shareholders, employees and other executives. CFOs take care of annual report preparation, capital structure decisions, reports about financial performance, budgets, evaluation risk factors, and track the data […]
Difference between a financial advisor and an auditor
Different financial professions handle the monetary needs of corporate. Financial advisors, accountants, wealth managers and auditors manage corporate challenges and investments. Investment opportunities and tax planning are the jobs of a financial advisor. Thinking about the tax implications and planning are the job of an auditor. Financial advisors give consultation on the following matters: tax […]
Importance of mock test in CA foundation
In CA foundation, students learn about principles and practice of accounting, Business mathematics and logical reasoning, Business laws and business correspondence, reporting and business economics and business and commercial knowledge. The subjects enhance the basic knowledge, and advanced knowledge required for learning chartered accountancy courses. ICAI institute will upload the mock test papers two times […]
What is a USFDA audit in pharmaceuticals?
The recent news from SEBI is that SEBI issued a warning notice to Aurobindopharma on June 27, 2022, about the USFDA audit. In 2019, USFDA audits peaked at 239 numbers. The evolving standards in manufacturing and pharmaceutical companies demand the USFDA audit. The database of USFDA states that there is a shortage of more than […]
CA student journal celebrates 25th anniversary
BOS Journal is the repository for study material for the students. BOS publish the monthly edition to benefit the student community. Students – ICAI enjoy the learning platform with gratitude. ICAI wants to mark the 25th anniversary with a silver jubilee celebration. This journal provides the monthly news, events and articles that enrich the student’s […]
What are the job opportunities for non-graduate CA?
In 2021, UGC and ICAI have declared that chartered accountants are equivalent to postgraduates. Non-graduate CAs are eligible to work as registered valuers. A previously chartered accountant with an experience of three years as a chartered accountant along with graduation is eligible to work as a registered valuer. Though it is an old amendment, it […]
Law firms from India receive the 2022 Award
Indian business law journal provides legal news in India. They have listed 38 types of legal advice from law firms. They have grouped seven top firms under each advice service. The law firms are awarded a listing of one as the top and seven as the winners. The talent of the legal community in India […]
