CA new syllabus foundation

  • ICAI New syllabus applicable from may 2018.
  • student can enter into CA Course through Foundation route or Direct entry route depend upon his/her qualification
For Intermediate students 
For intermediate students, CA course contains 3 levels are foundation, inter and final (Foundation Entry Route)

CA Foundation new syllabus

  • Foundation Course is the entry level for Chartered Accountancy Course for Intermediate students
  • Foundation Course comprises of four papers, out of which two are subjective and two are objective type.
  • Negative marking for choosing wrong options is there in objective papers
  • Foundation Examinations are held twice a year in the months of May and November.
  • Foundation Course registration is valid for 3 years
  • Students after registration to the course are required to complete a minimum of 4 months study period from the date of registration in order to be eligible to appear in the Foundation Examination

CA Foundation subjects 

Subjective type papers 
Principles and Practice of Accounting (100 Marks)
Business Law & Business Correspondence and Reporting (100 Marks)
Section A: Business Law (60 Marks)
Section B: Business Correspondence and Reporting (40 Marks)
Objective type papers 
Business Mathematics and Logical Reasoning & Statistics (100 Marks)
Part I: Business Mathematics and Logical Reasoning (60 Marks)
Part II: Statistics (40 Marks)
Business Economics & Business and Commercial Knowledge (100 Marks)
Part I: Business Economics (60 Marks)
Part II: Business and Commercial Knowledge (40 Marks)

CA Foundation passing criteria

  • You can qualify Foundation Examination by securing 50 % in aggregate and 40 % in each subject individually or  Student has to obtain minimum 200 marks i.e. 50% of total Marks(400) for passing Foundation
  • No Subject wise linkage for passing foundation
Objective type papers 
  • Negative marking of 0.25 Marks for every incorrect answer
  • Blank answer will fetch Zero marks

Intermediate Course

  •  Join Intermediate Course after passing Foundation Examination.
Intermediate Examination
  •  Appear in Intermediate Examination on completion of 8 months of study course
Articleship 
  • Join articled training after passing either of the Group or Both Groups of Intermediate Course and after successfully undergoing ICITSS
  • Total duration  3 years
  • Last 1 year student can join for Industrial Training
  • Stipend is paid during the Articleship period
Register for Final Course.
  • Clear the balance Group (if any) of Intermediate Examination.
  • Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS) during the last two years of practical training but before appearing in the Final Examination.
Appear in the Final Examination
 
Appear in the Final Examination on completion of 2½ years Articleship
Memeber of ICAI
Pass Final Examination and Enroll as a member of the ICAI and be designated as “Chartered Accountant”.
Find Jobs in CA Firms in India 
CA Articleship Vacancy
CA Articleship Vacancy in Delhi
CA Articleship Vacancy in Mumbai
CA Articleship Vacancy in Thane
CA Articleship Vacancy in Bangalore
CA Articleship Vacancy in Noida
CA Articleship Vacancy in Hyderabad 
CA Articleship Vacancy in Bhopal 
CA Articleship Vacancy in Ahmadabad  

How to register e-way bill

Registration and generation of e-way bill from GSTN

Features of New e-way bill system

A system for hassle free movement of goods throughout the Country with one e-Way Bill.The new system facilitates the tax payers to enter his master entries for customers, suppliers, transporters and products. This information will help him in quicker and easier generation of e-way bills later.

GST tax payer

ONE TIME REGISTRATION: The GST tax payer can open the web site http://gst.kar.nic.in/ewaybill and select the option ‘E-Way Bill Registration’. Here, the tax payer has to enter his GSTIN and on validation, the system shows him his GSTIN details and request for send OTP. The OTP will be sent to the tax payer’s registered mobile number. After entry and validation of OTP, username and password, the system creates the username and password for the tax payer.

E-way bill generation

Generation of e-Way Bill: The tax payer after logging in, select the ‘new’ option under ‘Generate EWB’ menu and enter the transaction details as per the document of the goods and enter the transporter details of Vehicle number. After validating all the fields, the system generates the e-Way Bill document with unique Number. It may be noted that the e-Way Bill is not validate without the Vehicle number entry. The vehicle number can be entered by the tax payer or the transporter. The other party of the goods can reject the e-way bill, if it does not belongs to him.

Cancellation of e-way bill

The e-way bill can be cancelled within 24 hours by the tax payer.

 

Modes of e-way bill generation

 

There are different modes of e-way bill generation – Web based, SMS based, Mobile App based, Bulk generation, API based, Suvidha Provider based.

  1. Multiple sub-users in e-way bill

The tax payer can also generate and manage multiple sub-users and assign them the roles on the e-way bill system. The tax payer needs to take care while managing the sub-users to avoid mis-utilisation of his GSTIN.

Unregistered Transporters

ONE TIME ENROLMENT FOR GST UNREGISTERED TRANSPORTERS: Unregistered transporter to open web site http://gst.kar.nic.in/ewaybill and go to ‘Enrolment for Transporter’ option. Enter the PAN details, other business details and authenticate with OTP. The OTP will be sent to his mobile number. After entry and validation of OTP, username and password, the system creates the username and password for the transporter.

Exempting goods from e-way bill under gst

  • The following items are exempting from e-way bill provisions of GST.
  • So vehicle transporting the following goods are not nessary carrying e-way bill.
  • Therefore without e-way bill, the following goods can be transport from one place to another.
  1. Contraceptives,
  2. judicial and non-judicial stamp paper,
  3. newspapers,
  4. khadi,
  5. raw silk,
  6. Indian flag,
  7. human hair,
  8. kajal,
  9. earthen pots,
  10. cheques,
  11. municipal waste,
  12. puja samagri,
  13. LPG,
  14. kirosene,
  15. heating aids,
  16. currency,
  17. vegetables,
  18. fruits,
  19. food grains,
  20. meat,
  21. bread,
  22. curd,
  23. books and
  24. jewelry.

What is e-way bill under GST.

GST e-way bill for transport of goods under the goods and services tax regime.

GST e-way bill is an electronic bill which will be required for the movement of goods in case the value of the goods are above fifty thousand rupees.

GSTN Portal

The bill can be generated from the GSTN portal and
every registered taxpayer must require this e-way bill along with the goods transferred.

 

GST E-way bill

 

GST e-way bill

e-way bill for transport of goods under the goods and services tax regime.

GST e-way bill is an electronic bill which will be required for the movement of goods in case the value of the goods are above fifty thousand rupees (Rs.50,000)

GSTN Portal

The bill can be generated from the GSTN portal and
every registered taxpayer must require this e-way bill along with the goods transferred

unique EBN

To generate an e-way bill, the supplier and transporter will have to upload details on the GSTN portal, after which a unique EBN will be made available to the supplier, the recipient and the transporter on the common portal.

E-way bill can be generated by registered supplier or recipient or the transporter.
E-way will have details of the goods being transported

SMS
According to the report, the e-way bill can be generated as well as cancelled via SMS.
Goods are transferred from vehicle to vehicle
An e-way bill is required even if goods are transferred from one vehicle to the other.

consolidated e-way bill.

And, for multiple consignments, transporters need to generate a consolidated e-way bill.

E-way bill not needed

Under the following cases,e-way bill not necessarty

  • Goods transported by nonmotorised

goods transported by a nonmotorised conveyance

  • Goods for clearance by customs

where the goods are being transported from the port, airport, air cargo complex and land customs station to an inland container depot or a container freight station for clearance by customs .

Notification to be issue for e-way bill

The date from which the e-way bill, which  would come into effect is yet to be notified.

 

Goods exempted from GST e-way bill

call on shares companies act

call on shares under companies act

Rules about Payment of Call Money on Shares

1. The Board of Directors have Authotity to make calls on Shares by Resolution passed at the Board Meeting.

2. The application amount payable on each share must be minimum of 5% of Nominal Amount of Share.

3. The 14 days notice is required to be send by the Company to its members for each call.

4. The Gap/ Interval of 1 month is required between Two Calls.

5. Not More than 25% of Nominal Value of Shares can be called at one time.

6. A member can pay call money in advance , even if no part of that amount has been called up.

7. The Directors of the Company has power to Postpone a call once it’s made.

8. The Directors of the Company has power to Revoke a call once it’s made.

9. The members is liable to pay interest if he is fail to pay call money.

10. The AOA of the Company may have separate rules regarding Payment of Call money.

list of labour laws applicability on manufacturing units

CA inter new syllabus 2018

Labour Law

 

list of labour laws applicability on manufacturing units

Following are the list of labour law along with the general applicability on manufacturing units:

1) Factories Act: Ten or more workers doing manufacturing activities with the aid of power, or twenty of more workers doing manufacturing activities without aid of power

2) Contract Labour Act: This act will be applicable to the factory where the employees are working on contractual basis and their payroll is processed by the Contractor. This act is applicable premise wise and that if at one premise of the Company, if there are more than 20 employees (differs from state to state) on contract basis, then the Management has to register their premise under the said Act

3) Payment of Wages Act: This act will be applicable only in case if the salary / wages of any employee / worker will be below Rs. 24000 per month (Rs. 24000 is amended w.e.f. August 29, 2017)

4) Minimum Wages Act: This act is applicable to all the organization. Basic theme of the Act is to make sure that all the employees and workers including contract workers are paid more than minimum wage rates as specified by the Appropriate Government.

5) Employee’s Provident Fund Act: It is applicable to all the factories which define “factory” under Factories Act and to all other establishment where 20 or more employees are employed.

6) Employees’ State Insurance Act: This act is applicable to all the factories where there are more than 10 employees, further to add, it is applicable only to the employees /workers whose salary is less than Rs. 21000 per month

7) Employees’ Compensation Act: This act is applicable to all the establishment, however first preference in terms of the Insurance compensation will be covered under ESIC Act, if the injured employees are covered under the ESIC Act, else the compensation can be claimed under Employees Compensation Act.

Central / State Law:

1) Factories Act: It is central law, but the registration and license under the said Act is premise based and the separate license will be required for the multiple factories located at multiple locations.

2) Contract Labour Act: It is again central law but the registration under the said Act will be premise based and separate registration will be required for all the premises.

3) Payment of Wages Act: It is Central law and the compliance can be done centralised from the Corporate Office.

4) Minimum Wages Act: It is Central law and the compliance can be done centralised from the Corporate Office.

5) PF Act: It is Central law and the compliance can be done centralised from the Corporate Office.

6) ESIC Act: It is Central law and the compliance can be done centralised from the Corporate Office.

7) Employees Compensation Act: It is Central law and the compliance can be done centralised from the Corporate Office.

 

CA inter new syllabus 2018

CPT mock test December 2017

  1. CA CPT mock test December 2017.
CA CPT mock test exam date is Sunday, 17 th December, 2017.

the Council of the Institute of Chartered Accountants of India is pleased to announce
that the Common Proficiency Test will be held on Sunday, 17
th December, 2017 in two sessions.

First Session
(i.e. Morning Session)
10.30 AM to 12.30 PM (IST)
Section – A Fundamentals of Accounting
Section – B Mercantile Laws
Second Session
(i.e. Afternoon Session)
2.00 PM to 4.00 PM (IST)
Section – C General Economics
Section – D Quantitative Aptitude

 

CA CPT Mock Test

caknowledgeclub.com provides online mock tests for CA CPT Exam. Mock Tests are available for Fundamentals of Accounting, Mercantile Laws, General Economics & Quantitative Aptitude.

CPT is entry Level Examination for CA course
CPT Contains 4 Papers are Fundamentals of Accounting, Mercantile Laws, General Economics & Quantitative Aptitude
CPT is objective type examination requiring student to answer 200 Multiple Choice questions (it is similar to MH-CET examination, conducted for Engineering and Medical Profession)
CPT Examination is now conducted by ICAI two times a year, in June and December only
Next CPT examinations to be held in December 2017,June 2018,December 2018 and June 2019

How to pass CPT

CPT – Passing Criteria

Student has to obtain minimum 100 marks i.e. 50% of total Marks(200) for passing CPT

No Subject wise linkage for passingCPT

Negative marking of 0.25 Marks for every incorrect answer

Blank answer will fetch Zero marks