Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: form 3cd :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: cpt :: due date for vat payment :: empanelment :: list of goods taxed at 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: TDS :: VAT Audit
 
 
« News Headlines »
 A tax saver scheme with higher returns
 GST registration mandatory for TDS entities
 Govt rules out extension for filing GSTR-3B returns after December
 Tax department’s e-filing portal out of action for 2 hours
 Use ITR-2 to show salary and capital gains income
  TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
  How to file ITR for FY 2016-17 and all the links you need
 All about E-way Bill under GST
 Good and simple tax: on the GST regime
 Seeks to extend the time limit for filing of GSTR-1, GSTR-2 and GSTR-3
 Good news, find Tax Return Preparers soon at a place near you; 5 things to know

Corporates lure CAs with fatter salaries
January, 08th 2007
The demand for chartered accountants (CAs) in the corporate world has shot up with stringent income tax laws which require compulsory maintenance of accounts by specified categories of taxpayers. 
 
Around 102 companies from the information technology, business process outsourcing, financial services and manufacturing sectors came recruiting when campus interviews were organised by ICAI at 11 centres across the country during 2005. 
 
Average salary levels during the placement shot up by 50 per cent from Rs 2 lakh per annum to Rs 4lakh. The highest salary offered was Rs 12 lakh. 
 
The Institute of Chartered Accountants of India (ICAI) churned out 8,000 CAs last year, of which 84 per cent has been placed in companies. 
 
What's the reason for this trend? Explains T N Manoharan ICAI president. "Fresh passouts prefer the corporate sector to begin their career since it is less riskier than setting up an independent practice and the remuneration on offer is just too attractive to refuse." 
 
The ICAI training equips CAs to prepare the returns for tax purposes and represent assessees before the income tax authorities and this has spurred the demand for accountants. 
 
Manoharan notes there is a huge demand for CAs abroad too but with the demand picking up in India, migration of CAs to foreign lands has declined considerably. Currently, there are 12,000 CAs from India employed In corporates abroad. 
 
Under the current laws, Indian CAs are not allowed to set up practice in foreign countries. ICAI is however negotiating with countries including Singapore, US, UK and Australia to allow Indian CAs to set up practice in that country, Manoharan said. 
 
However, ICAI states there is an acute shortage of CAs in India and corporates are increasingly finding it difficult to find qualified CAs. 
 
Proof of this is the fact that during last year's campus placement in ICAI, corporates managed to recruit just 1,034 CAs of the 8,000 CAs who passed the examination, as the rest had already found jobs in corporates outside the placement process.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions