Have you ever noticed how bad India is at improvisation? Classic movies like ‘The Prestige’ was disfigured into ‘Dhoom 3’ and ‘The Godfather’ was massacred to create ‘Sarkar’. From these examples, it is safe to say that things can take an awry turn when India approaches to improvise. However, the glass does seem to be half full from the proposition of the Goods and Services Tax structure. The Lok Sabha passed the GST Bill on 29th March 2017. It is being hailed as the game changer for India’s economy and is being labeled as the biggest change in the Constitution…

A Chartered Accountant (CA) is a professional accountant who has undertaken additional study to receive further qualifications allowing them to work in public practice providing a range of financial and business service. Most of the times, CAs’ forget how to stand out in a competitive market. Too often, they do not correctly value and promote their business services- ad end up losing business to the competition. So here we provide you with 5 tricks every Chartered Accountant should use to grow his clientele: 1. Listen to the Client : The most important skill to get more clients is to simply…

Movies are something to which each and every person can relate to in one way or the other. There are movies which are made for people with a particular interest or industry. So here we are listing 5 movies which every chartered accountant should watch once in his career : 1. Gafla (2006) Gafla is based on the stock market scam of 1992; popularly known as Harshad Mehta Scam. IMDb: Gafla (2006)     2. Inside Job (2010) We all have heard and to some extent even experienced the financial crisis of 2008 but very few know how and why…

‘Life begins where the textbooks end.’ The validity of this statement can be verified by no one better than a Chartered Accountant. After toiling hard for years, investing their their blood, sweat and sleepless nights, the irony that is later predominantly projected is that a substantial part of their practical job comes out of their academic syllabus. Unfortunately for them, there’s no Prince Charming of a saviour to rescue them from the hard hitting reality. During the tedious course of nearly 4.5 years that includes rigorous schedule of 6 months of CPT, 9 months of IPCC, 2.5 years of Articleship…

Chartered accountants are the trending people in recent times because of the rapid development of the accountancy profession. The simple definition of a chartered accountant can be the person who is expert in tax practice and accounting. CA performs various functions. Nowadays practice of the CA has become very comfortable due to the technology that has revealed different software. The primary responsibilities of the chartered accountant are : Help to manage the expenses Helps in planning of the correct investment Cuts down your costs of business in an efficient manner Assist you with legal issues and auditing process. A simple…

In India, Financial Year is from 1st of April to 31st March every year. Hence, 31st March is an important date by which important financial obligations should be fulfilled. So we bring 10 things that every business should ask its chartered accountant to must complete before 31 st March 2017: 1) Calculate Payable Advance Tax Income tax follows the principle of “Pay As You Earn”. Therefore during the financial year from 1st April 2016 to 31st March 2017 Advance Income tax was payable on or before 15th June 2016, 15th Sept 2016, 15th Dec 2016 and 15th March 2017. If…