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Applicablity of PF(Provident Fund) in India


APPLICABILITY OF EMPLOYEES’ PROVIDENT FUND AND MISCELLANEOUS PROVISIONS ACT ‘1952 The Employees’ Provident Fund and Miscellaneous Provisions Act 1952 applies to the whole India except Jammu & Kashmir.  Employees’ Provident Fund and Miscellaneous Provisions Act 1952 is applicable to: Every establishment which is engaged in any one or more of the industries specified in Schedule … Continue reading

I am not a loser- For all the CA students


Written by  Sanyam arora, a guest author of CA Rocks !!! “Something good is waiting for you all my friends. Take everything in a positive way. May God bless you all.” Introduction – Friends, very often its seen that if a CA  student gets failed, every person keeps on hitting him by saying wrong words … Continue reading

Tax Deduction and Collection Account Number (TAN) – FAQ’s


1. What is TAN? TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates. 2. … Continue reading

What is the difference between a Managing Director, a Managing Partner, and a General Manager?


Managing Director – expected to direct the organization through managers. Normally these are Limited Liability companies and in true sense for MD everything is limited – including tenure in the position. Managing Partner – One of the partners who manages all important functions, but can part with profits at a predetermined percentage. As long as … Continue reading

About CA-CPT ( Common Proficiency Test )


About CPT ( Common Proficiency Test ) This level is the entry level for the Chartered Accountancy professional accounting course, i.e. the Lowest/First level at which a student can start pursuing this course. Duration The minimum course duration as per the regulations of the institution is CA_CPT — 3 months The course duration is the … Continue reading

Big 4’s – Do they create a better CA ? A big question


Posted by SANYAM ARORA, a Guest Author of CA Rocks !!! B.COM ( 1ST YEAR ) = 70 %  ( TOPPED IN SOL ) CPT                                = 73 % IPCC GROUP 1           =60 % IPCC  GROUP 2          = 56 % Recently Awarded by VICE-CHANCELOR OF D.U ( MR DINESH SINGH) For securing 1 st position in B.com … Continue reading

Satyam Case- Ramalinga Raju, 2 others granted bail by Supreme Court


The Supreme Court Friday granted bail to erstwhile Satyam Computers Services Ltd founder-chairman B. Ramalinga Raju, his brother B. Rama Raju and staffer V. Srinivas. An apex court bench of Justice Dalveer Bhandari and Justice Dipak Misra said from the facts of the case and considering the totality of the circumstances, it was appropriate to … Continue reading

Procedure for Registration in Service Tax- FAQ’s


1. Registration 1.1 Every person liable for paying the service tax shall make an application to the concerned Superintendent of Central Excise in Form ST-1 for registration within a period of thirty days from the date on which the service tax under section 66 of the Finance Act, 1994(32 of 1994) is levied: Provided that … Continue reading

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