Comparison of tax system in India and Foreign

The tax system has a direct relationship with economic development. The tax revenue is for the health, infrastructure and education. The tax system depends upon GDP, population, administrative considerations, macroeconomic policies, and inflation. Middle Eastern countries and North Africa do not collect high charges of personal income taxes. The GDP revenue from the personal tax […]
What is a business associate certificate from ICAI?

ICAI provides the accounting technician course for students who have completed the foundation course, and one group of Inter. Students can opt for this course when joining the CA intermediate course. If the students have not opted, they can submit the registration form for the accounting technician course. After 12 months of job experience, the […]
The income Tax department reduces the time for a refund

The processing time is long in the Income tax department. In 2021, it was 26 days. In 2022, the time was 16 days. In 2023, the department has plans to reduce the time to 10 days. The income tax department launched the AIS app for viewing annual information statements and taxpayer information summaries. The app […]
NCLT approved the merger between Zee Entertainment and Sony India

NCLT approved the merger between the two companies. It is corporate news in the headlines. It also tells a story about the concerns of creditors, business development opportunities, benefits of the stakeholders and approval authorities in a merger. Cost accountants and company secretaries get involved in the merger and acquisition. The approval authorities in a […]
How to Calculate Customer Acquisition Cost?

In the digital world, it is essential to understand the difference between customer acquisition cost and customer lifetime value. Companies focus on low CAC and high CLTV. Here is a blog that lists the information related to the strategies for start-ups and online companies, the methods to calculate acquisition costs, and the uses of CAC […]
Opportunities in Deloitte US

Deloitte US opened three offices in India on May 2023. The locations are Pune, Chennai and Kolkatta. The blog talks about the roles and growth in Deloitte for Indians. Deloitte provides the following services: Audit and assurance, risk advisory, consulting, financial advisory and tax. The industries partnered with Deloitte work for consumer-based products, energy, resources […]
5 Tools for Company Secretaries to Resolve the Regulatory Burden

The job of a company secretary is inclined towards financial administration and legal operations. Company secretaries know business, company and securities law operating in India. Company secretaries concentrate on the long-term growth of the company. Professionals see company secretaries as professionals with stringent codes of conduct. The regulatory compliances assist government-demanded policies like “the ease […]
Why do North Indians prefer CA rather than South Indians?

If people are inclined towards agriculture, it creates small-scale industries. If people are interested in production, it creates manufacturing industries. If the business is attracting people, it creates finance and service industries. Agriculture, manufacturing and finance are developing equally in India. So, India is a mix of cultural and cross-cultural people. Mumbai being the financial […]
GST Council Meeting:

The 50th GST Council meeting fell on 11th July 2023. GST is not a production and supply-based tax. It is a consumption-based tax. The changes in consumption prices and the relativity factor bring a story to the table of the readers. The changes have the backing of consumption capacity. A blog throws light on the […]
Annual Conference of ICSI

ICSI hosted the 24th annual conference of practising company secretaries. The theme of the program is company secretaries – stepping beyond boundaries. The dates were the 6th and 17th of July, 2023. The ICSI president requested sponsorship, advertisement and registration from the members to make it a memorable event. Recently, the Indian economy grow with […]