Why Questioning Forms an Important Part of Internal Audit?

There is a lot that goes into the process of an audit. The auditor acquires and analyses a lot of things before giving out a final report. Apart from looking into the accounts, the client interview also plays a valuable role in the process. An auditor in Kolkata interviews some of the top position holders in the company for insights. But this is not received very well. Auditors are often discouraged from asking too many questions. It is believed to ruin the relationship between the client and the auditor. But is this true?

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Questioning Leads to Solution

Well, the reality is far from this statement. Questions are fundamental in an internal audit. The more questions the auditor asks you, the better he or she will understand your company. The auditor is an expert in the field, no doubt. But every company works differently, and the auditor will need real and honest inputs from your side to decode discrepancies if any. You shouldn’t challenge the expertise of an auditor if they ask a lot of questions. Every question is important. The thought of an issue being stupid or irrelevant shouldn’t cross your mind. If, in any case, some items make you uncomfortable, be open about how you feel.

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Another tip for you is that when you are answering questions, do not lie. Auditors in Kolkata will know when you lie. They have many tricks rolled up their sleeves to determine whether you are telling the truth. Being dishonest will only put you in trouble. A small mistake will harm your reputation, which is the last thing you want during an audit. Many clients also discover new threads of thought when they are answering questions. Some questions help you in looking at some shortcomings from a different perspective, which makes a massive difference in the long run.

An auditor is strongly familiar to the industry but that strength arises from questioning. As it grants you the option to attain adequate knowledge. So, it is always wise for an auditor to analyse data, interview clients to evaluate the situations and facilitate changes. Questioning makes the process smooth and perfect.

Setting Up A Business? Know Why You Need A CA

If you are one of those business owners who think that they don’t need a chartered accountant just because they are setting up a business, it’s high time you debunk the myth. Gone are the days when the only responsibility of an accountant was to set up business accounts and file tax returns. Nowadays, chartered accountants offer a wide variety of services which make business operations easier for you. Hire a CA from the very first day of the startup and setting up your business will become easier.

Responsibility Of A CA

Certified chartered accountants have the experience, expertise and training required to complete your tax work on time. Whether it is about registering of taxes or tax compliance, they know how to make the process hassle-free and easier for you to understand. Every CA in Kolkata values the reputation earned by them over the years. They try to maintain it by completing the job assigned to them on time. Some of them can even help the business owners in other fields, besides accounting

Hire The Right CA

With so many chartered accountants scattered all over Kolkata, choosing just one is indeed a daunting task. The best you can do is to look for one with years of industry presence and they can help you maximise your business finances. They should understand your business goals and provide proper accounting advice during every stage of your venture, starting from the set-up of your business to succession planning. You can even ask them some basic small-business accounting questions and check whether they can answer your queries confidently.

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2 Primary Reasons Why You Need A CA When Setting Up A Business

  • Craft A Suitable Business Plan

Since developing a suitable business plan which can fulfil your business goals is not as easy as you think, hire a CA and let them craft a cost-effective tax plan. You can use it as a platform on which your business can start. If you are selling some goods or services, the focus of the CA will be on promoting those. You can start trading with ease if all the business activities are performed carefully. They will also let you know whether there is some unexpected cost around the corner.

  • Get Financial Advice

Whether you are planning to start a business or expand it, money plays a very vital role. How you utilise your money will determine whether you will succeed or fail in the business. The best professional you can approach for effective business advice is a CA. They will do some calculations and share some ideas from where you can make money and boost your business. If they ever feel that you are going wrong in the business during the set-up phase, they will let you know so that you can act accordingly.

Know The Impact Of COVID-19 On Taxation In India

Though our government has extended the deadline for ITR (Income Tax Return) till 30th June, 2020, start looking for a professional offering tax services instead of waiting for the deadline. The impact of coronavirus on income tax deadlines and penalties for taxpayers has been quite drastic. Our government has offered numerous relaxations under the Income Tax Act. The objective was to help taxpayers and ease their financial burden during the coronavirus pandemic.

They now have more time to file income tax returns. During a recent press meet in New Delhi, our finance minister Nirmala Sitharaman has reduced penalties and delayed the due dates for numerous direct taxes. The novel coronavirus outbreak has not only been declared as a pandemic but has already infected thousands of Indians in the last few weeks. The lockdown imposed by our Government has shut down numerous businesses temporarily all over India.

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Lower Interest Rates

Not only did our Finance Minister extend the last date to file income tax returns from March 31st to June 30th but even the interest rate you have to pay for delaying advanced taxes payment has been lowered. Other types of taxes where the interest rates have been lowered are tax collected at source, tax deducted at source and equalisation levy. Earlier, the interest rates were between 12 to 18 percent. It has now been reduced to 9 percent.

How Did The Extension Help?

The extension of the deadline and decrease in interest rates have become a blessing in disguise for thousands of taxpayers during the pandemic. Tax experts and professionals offering tax services in Kolkata feel that the reduction in interest will help taxpayers preserve their liquidity during the economic crisis. The last day for linking Aadhaar with PAN card was extended from March 31 to June 30th.

Changes In The ‘Vivaad Se Vishwas’ Scheme

Earlier, a taxpayer had to pay 10% interest if he made payment under the tax dispute resolution mechanism after 31st March. Since India is under complete lockdown till 30th April, our Finance Minister has declared that taxpayers don’t have to pay any additional interest if they made the payment till 30th June. The relaxation and extension of the ‘Vivaad Se Vishwas’ scheme with benefit businesses with past liabilities, especially those with high-interest liabilities.

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COVID-19 has disrupted almost every business operations with decrease in cash flows. If you are also one of those business owners who could not make the payment till March 31st, get in touch with an experienced professional offering tax services and he will let you know what you should do next to prevent fines.

Time Limit Extension Under Direct Tax Statuses

Few events for which the Indian Government has extended the due dates are intimation to the tax department, issue of notice, returns under various direct tax statutes and filing of appeals, among others. The time limit has been extended for other direct tax statues as well, get in touch with a tax expert to know more. The announcement made by our financial ministry will be implemented by making some necessary amendments and issuing circulars.

Union Budget 2020 highlights: New income tax rates, relief for home buyers

Budget 2020 Highlights and Important Points: 10% tax for income between 5 lakh-7.5 lakh; 15% tax for income between 7.5 lakh to 10 lakh; 20% tax for income between 10 lakh to 12.5 lakh; 25% tax for income between 12.5 lakh to 15 lakh ; 30% tax for income above 15 lakh

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Budget 2020 Highlights: Amidst the economy struggling with a six-year low GDP growth, Union Finance Minister Nirmala Sitharaman presented the Budget 2020 on Saturday that focused on raising the purchasing power by cutting income tax rates and boosting rural income.

This was the longest Budget speech by any finance minister, going beyond 2 hours 30 minutes. Sitharaman, 60, broke her own record of a 2-hour-17-minute-long maiden Budget speech in July 2019.

Fiscal deficit target pegged at 3.8% of GDP for FY20. Insurance cover for bank depositors has been raised from Rs 1 lakh to Rs 5 lakh.

In a shot in the arm for the middle class, Nirmala Sitharaman has proposed a new simplified tax regime soon. “10% tax for income between 5 lakh-7.5 lakh; 15% tax for income between 7.5 lakh to 10 lakh; 20% tax for income between 10 lakh to 12.5 lakh; 25% tax for income between 12.5 lakh to 15 lakh ; 30% tax for income above 15 lakh. No income tax for those with taxable income below Rs 5 lakh,” says Sitharaman.

Union Budget 2020 highlights:

#1. Between 2006-2016, 271 million are out of poverty and we should be proud of it, says Finance Minister Nirmala Sitharaman.

#2. Country has moved on from over 4 per cent growth in 1950s to 7.4 per cent to 2014-19 period, says Sitharaman

#3. Total of 60 lakh new taxpayers and 105 crore e-way bills generated under GST, says Nirmala Sitharaman. Average household now saves 4 percent of monthly spend due to reduced GST rates, she added.

#4. Finance minister Nirmala Sitharaman says Central government debt reduced to 48.7 per cent of GDP in 2019 from 52.2 per cent.

#5. Sitharaman now starts putting out a 16-point guide to make India an aspirational economy. India is now 5th largest economy in world, the FM says.

#6. Government to incentivise farmers to go solarOver 6 crore farmers under Pradhan Mantri Fasal Bima Yojna have been insured. Pradhan Mantri Kisan Urja Suraksha and Utthan Mahabhiyan (PM KUSUM) to be expanded, providing 20 lakh farmers in setting up standalone solar pumps.

#7. Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly. Krishi Udaan scheme to transport agri products to national as well international destinations to be launched.

#8. Agri-credit target for the year 2020-21 has been set at Rs 15 lakh crore.

#9. Rs 69,000 crores for allocated for the healthcare sector, says Finance Minister Nirmala Sitharaman.

#10. Education and trainingRs 99,300 crore allocated for education in FY21. Govt will start Ind-Sat Exam to promote study in India and a degree-level online education programme for the deprived. A total of Rs 3,000 crore will be given for skill development.

#11. Allocation for Swachh Bharat Mission for 2020-21 stands at Rs 12,300 crore. In further push to PM Modi’s ‘Nal se jaal’ scheme, govt proposes Rs 3.6 lakh crore towards piped water supply to households.

#12. National Textile Mission to be launched with a proposed Rs 1,480 crore allocation, says FM Nirmala Sitharaman.

#13. To boost infrastructure, Sitharaman says 9,000 km of economic corridor will be set up. “Chennai-Bengaluru expressway will also be started. Delhi-Mumbai expressway to be completed By 2023,” says FM.

#14. 550 WiFi facilities have been commissioned at railway stations.
1 lakh gram panchayats to get optical fibre link, says FM Sitharaman. An allocation of Rs 6,000 crore will be provided for BharatNet scheme.

#15. Allocation of Rs 27,300 crore for development of industry and commerce.

#16. FM Nirmala Sitharaman announces Rs 20,000 crore for renewable energy sector in a bid to tackle pollution and climate change. A new scheme of smart meters will be launched, says Sitharaman.

#17. 100 more airports to be developed by 2025, says Sitharaman.  The FM also said 1,150 trains will run under the public-private partnership (PPP) mode, also four stations will be redeveloped with the help of the private sector. Besides, the minister promised more Tejas type trains to connect tourist destinations.

An allocation of Rs 8,000 crore will be made for National Mission on Quantum Computing and Technology.

#18. Rs 35,600 crore allocated for nutritional related programme in FY21 while Rs 85,000 crore has been budgeted for the welfare of Scheduled Castes and other backward classes. Tourism promotion gets Rs 2500 crore.

#19. Women schemes, senior citizens in Budget: Sitharaman says enrolment ration for girls under ‘Beti Bachao Beti Padhao‘ is higher than boys. “Gross enrollment of girls is 94.32 per cent in elementary levels, 81.32 per cent in secondary level and 59.7 per cent in higher secondary level,” she says. Further, Rs 28,600 crore will be allocated in FY21 for women-linked programmes. Allocation for senior citizens and ‘Divyang’ enhanced to Rs 9500 crore.

#20. Here is something for Delhiites! Sitharaman proposes Rs 4,400 crore to tackle Delhi’s air pollution problem. Last year, the Supreme Court had termed the situation as “worse than Emergency” as air quality dipped to hazardous levels.

#21. Your money gets safer! Insurance cover for bank depositors raised from Rs 1 lakh to Rs 5 lakh, says FM Nirmala Sitharaman.
Currently, in the (unlikely) event of a bank going bust in India, a depositor has claim to a maximum of Rs 1 lakh per account as insurance cover — even if the deposit in their account far exceeds Rs 1 lakh. Depositors holding more than Rs 1 lakh in their account have no legal remedy in case of the collapse of the bank.

#22. Foreign direct investment (FDI) into the country has increased to $284 billion during 2014-19 from $190 billion in previous five years.

#23. Nirvik (Niryat Rin Vikas Yojana) scheme to provide enhanced insurance cover and reduce premium for small exporters.

#24. Focus on MSMEs: More than 5 lakh MSMEs benefited from RBI’s restructuring of loans, says FM Sitharaman. “Government has asked RBI to consider extending window of debt structuring by one year to March 2021 for this purpose,” she says.

#25. Fiscal deficit target pegged at 3.8% of GDP for FY 2019-20.  FY21 fiscal deficit target pegged at 3.5% of GDP. Fiscal deficit is considered the most important marker of a government’s financial health. Not letting the fiscal deficit go completely out of control has been one of the standout achievements of the Modi government.

#26. Government to sell part holding in LIC. Besides, govt to also sell stake in IDBI Bank to private investors. That LIC has been identified as a candidate for a potential public listing by the government. The government’s move is a part of efforts to push through an aggressive disinvestment and asset monetisation programme.

#27. Nominal growth of GDP for 2020-21 has been estimated at 10 per cent, says Nirmala Sitharaman.

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#28. Cheer for the middle class! Sitharaman proposes new simplified tax regime soon. New income tax rates: 10% tax for income between 5 lakh-7.5 lakh; 15% tax for income between 7.5 lakh to 10 lakh; 20% tax for income between 10 lakh to 12.5 lakh; 25% tax for income between 12.5 lakh to 15 lakh; 30% tax for income above 15 lakh.

#29. On account of the income tax reliefSitharaman says it will cost the exchequer Rs 48,000 crore revenue loss. “Dividend Distribution Tax to be removed. Dividend shall be taxed at the hands of the recipients,” she said.

#30. To boost investments and shore up the lagging economy, corporate tax for existing companies slashed to 22 per cent. Govt proposes 100 per cent tax concession to sovereign wealth funds on investment in infra projects. Moreover, concessional tax rate of 15 per cent extended to power generation companies.

#31. Coming to affordable housing now: Finance Minister Nirmala Sitharaman extends additional Rs 1.5 lakh tax benefit on interest paid on affordable housing loans to March 2021. In another boost, Sitharaman proposes tax holiday to affordable housing developers.

#32. ‘Vivad se Vishwas’ scheme announced by Sitharaman for direct tax payers whose appeals are pending at various forum. 4.83 lakh direct cases pending in various appellate forums.

“Under the scheme, taxpayer to pay only amount of disputed tax. They will get complete waiver on interest and penalty if scheme is availed by March 31, 2020,” Sitharaman said.

#33. 15th Finance Commission has cut state share of central taxes by one percentage point to 41 per cent.

ECONOMIC SURVEY 2020 PLACED IN LOK SABHA TODAY 31ST JAN 2020

ECONOMIC SURVEY 2020
PLACED IN LOK SABHA TODAY 31ST JAN 2020

Long Term Goals That Will Boost Your Small-Scale Business

Small businesses are flourishing in the Indian economy today. You might be experiencing growth or activity might be slow, setting the right goals this year might be the extra push your business needs to establish itself. It is essential to set goals like budgeting, auditing services, cutting expenses or hiring an employee so that you can work on them throughout the year. While most of the small business owners skip this step because they think it isn’t significant enough, this will set you apart in this competitive age.

Setting a goal is practical and motivational, reminding yourself to work harder every day. But what are some goals that will be useful to the business?

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Top 6 Goals You Must Accomplish for Your Business

  • Decide where you want to see yourself in the coming year. This requires practicality and calculation of the resources available, keeping the condition of the market in mind. This can act as a basic plan of action.
  • Make a budget. Don’t compromise on this step. Please don’t make a rough estimate; let it include all the details. Make room for taxes, emergency funds, insurances and employee benefits. You will be amazed at the amount you will be able to save once you know you require capital.
  • Get professional help in auditing services. Most small business owners don’t bother about this because the law doesn’t enforce it. This can be a total game-changer. An audit can uncover frauds, act as security to banks and insurance companies, improve efficiency and be helpful while paying taxes.
  • Plan a digital marketing campaign. If you are a local, offline business, take a small step and put yourself on the web. Make a website, be on social media and take advantage of the enormous benefits the digital marketing sphere has to offer. These can be done at a basic price these days.
  • Outsource jobs. Are there aspects of your business that can be handled by automation? For example, chatbots are an excellent way to provide 24*7 customer service. You can also hire an employee to ease the load if your business requires it. This will help you focus on the other essential aspects of your business.

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  • Increase margin. One of the most neglected parts of a small business is its margin. Owners often think of ways to expand their businesses and deem it the only way for growth. But, one of the most efficient ways to grow is by improving the margin. Strategize ways to improve your services or switch suppliers to get more margins on the products r services that you offer.

These goals should apply to most businesses, and while others can be done individually, audits should be performed by professionals in the field like S.M. Gupta, who are experts in the field of auditing services and tax. The robust internal structure sets them apart from others. Trusting them will mean never worrying about these services again and focusing on your primary business.

India lacerates Corporate Income Tax by 10%

India lacerates Corporate Income Tax by 10% — It is the brilliant and boldest Move to Stimulate Economy Since1991

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On 20 September 2019, Government of India announced the biggest tax cuts (0.7% of FY20 GDP or INR 1.45 tn in value terms) for corporates and rolled back most tax-related amendments made in the Union Budget 2019. This tax cut in the backdrop of challenges on fiscal deficit front and need for a massive boost for government expenditure speaks volumes about the appetite for bold reforms of Modi 2.0.

The measure is expected to improve corporate savings, attract private investment (both Domestic and Foreign Direct Investment), bolster the competitiveness of India as a manufacturing hub, and support domestic demand as tax benefits are passed on to the end-consumer.

Making the announcement, Finance Minister Nirmala Sitharaman said the new tax rate will be applicable from the current fiscal which began on April 1.
and she also said that the government is working on more steps to revive the sagging economy. When asked if the government is considering rationalisation of the personal income tax rate for putting more money in the hands of people, she said, “One among many things that we are thinking of.”

The Gross Domestic Product (GDP) growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter.

The government has taken several measures during August and September to boost the economy, Nirmala Sitharaman said at the HT Leadership Summit in New Delhi.

B. Corporate Income Tax Rates in India

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Government of India now allows corporates to choose between two tax rates highlighted in the table above as Option I and Option II. This step will help everybody transition to lower effective corporate taxation regime without any hiccups and will offer enough flexibility to avail old schemes.

C. Some of the highlights of the recent Direct Tax changes are:

Lower Tax Burden for Corporates: Corporate tax slashed for existing domestic corporates by ~10% (34.94% to 25.17%), inclusive of Surcharge and Cess

Base Corporate Tax rate to be 22% (25.17% including Surcharge and Cess) for existing domestic companies without exemptions/tax holidays

No Minimum Alternate Tax (MAT) applicable on such companies

C.Booster Shot for Make in India:

 Domestic companies incorporated after 1 October 2019 to pay a base rate of 15% (17.16%  including Surcharge and Cess) provided they:

  • Make fresh investments in manufacturing, related activities such as Distribution and R&D
  • Commences operations by 31 March 2023
  • Don’t set-up by splitting up, reconstruction, or by using old Plant & Machinery (Old imported machineries are allowed upto 20% of the total value), or by using old building used in past as a hotel or convention centre
  • No Minimum Alternate Tax (MAT) applicable on such companies

D.Flexibility for Choosing New or Old Rates:

  • Companies enjoying tax holidays/incentives resulting in effective corporate tax rates lower than 25.17% can continue to avail these benefits:
  • These companies can switch to concessional tax regime (i.e. 22% base rate) after the expiry of tax holiday/exemption period. The option once exercised cannot

E.Improvement in Corporate Profitability:

As per data from CMIE, Corporate profitability in India has dipped from its peak of 7.4% of GDP in FY08 to 2.7% of GDP in FY19. The Corporate Tax Rate cut will

  • For BSE 500, the effective tax rate in FY19 was 33.7% and it was 31.3% for Nifty 50. The new effective corporate tax rate at 25.17% will bring relief to domestic
  • Improved corporate profitability will help achieve:
  • Faster break-even for corporate
  • Reduction in prices of products in some industries. E.g. FMCG
  • Fresh capital expenditure, to tap both domestic and export demand

F.Enhancing India’s Competitiveness as a Manufacturing Destination:

India is one of the most attractive markets for investments owing to large domestic market and fast-improving doing business environment. However, Global MNCs’ decisions are often driven by profitability and they are naturally biased to choose countries with lower tax rates and efficient value chains.

  • The new corporate income tax rates in India will be lower than Brazil (34%), Germany (30%), and is like China (25%) and Korea (25%). New companies in India with an effective tax rate of 17.16%% is equivalent to what corporates pay in Singapore (17%).sm gupta 4
  • It is a well-known fact that global value chain has disrupted owing to the trade conflicts. Several countries in South East Asia have leveraged their lower Corporate Income Tax rates to attract foreign companies. With a 17.16% tax rate, India is well-placed to attract these companies with new vigour.
  • “Services firms are expected to be major winners while manufacturing companies in the consumer goods, capital goods and steel sectors will also reap significant benefits as many of them have an effective tax rate of around 30 per cent,” it said.
    When the BJP-led NDA took office, India was ranked 142nd out of 189 countries in the World Bank’s Ease of Doing Business ranking for 2015, which reflected results from the annual survey undertaken during 2014.

CBIC withdraws GST circular on ITeS

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The Central Board of Indirect Taxes and Customs (CBIC) has withdrawn a circular which created confusion on whether IT service providers can be qualified as intermediaries based on self-assessment under the goods and services tax (GST).

In view of these apprehensions and to ensure uniformity in the implementation of the provisions of the law across field formations, the Board (CBIC),…hereby withdraws, ab-initio, Circular No. 107/26/2019-GST dated 18.07.2019,” an official notification said.

The government earlier in the year issued a circular on the scope of information technology-enabled services (ITeS) and coverage under intermediary services.

Months after putting India’s business process outsourcing industry in a quandary, the government has withdrawn the circular that said anyone engaged in the facilitation of supply of goods/services will not be considered to be engaged in export and will now be considered as intermediary, unless it is on his own account

With this circular most BPO-KPO services were being treated as intermediaries under GST rules and could be taxed under GST. This meant GST authorities were denying any MNC BPOs

The Benefits of Tax Service In Kolkata

If you are thinking about handing over your tax filing work to a professional it’s the best time to do it. Tax filing has become a complicated process and there are many tax services who have the necessary expertise to file your returns on time.

So, it’s time to handover your most important documents to a filing company but there are certain things you should keep in mind. You should fact find about the reputation of the company and the clients it has served over the years before handing out your all important documents. There are certain benefits of these services which you will be looking at this article.

CA in Kolkata

Saves You Money

You might need to pay some upfront fees for availing the services of professional agencies but they will actually save your money in the long run. A tax professional can identify all the important deductions for you and save you money by availing of the exemptions. So, you can see that paying your taxes actually saves you money. A tax professional is able to clearly understand and identify tax credits on your behalf.

Gives You Accurate Returns

Tax professionals can reduce the fallacies on your returns and lessens your audits. These are expert bodies and work professionally, so you can rest easy by knowing that all your common errors will be addressed. So, you will be able to reduce your errors drastically with the help of tax professionals.

Help In Your Audits

Audits are quite rare and no one wants to think about the dreadful day. When you have a professional agency managing your returns and they are conversant with all your financial information. This piece of mind is one of the reasons why people opt for professional services with for their tax returns.

Saves You Time

Completing your tax returns all by yourself is a time consuming process and takes an average of sixteen hours. You need to keep your own records, organize your stuff and file your returns on your own. You also need to submit your own documents. Your estimated filing time reduces drastically, when you employ a professional agency to file returns on your behalf.

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Ensure Deductions in Fees

List down all your deductions and use a tax professional for your returns. You will see that you have been able to deduct some of your expenses including postage charges, software and other resources. The main criteria are to itemize your returns before filing.

Tax filing is an important part of your professional life and you need to stay on top of your game. So, it is important to get hold of the best tax services  and file your returns on time.

How to choose the best institute for pursing CA in Kolkata?

Chartered Accountants are professionals who are employed by organizations to audit and maintain the accounting systems. These professionals either work as employees inside a company or gives professional advice for a onetime fee. There are many professional coaching centers for chartered accountant where you can enroll and get tuition to clear this difficult exam.

There are some prerequisites you should keep in mind while selecting the institute of your choice. This article will navigate you through the criteria’s you should keep in mind while embarking on the endeavor to find the perfect professional help to clear the CA hurdles.

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Do Your Research

Searching online is considered the best bait these days as you will get a lot of institute names in your area. Also, these institutes will be ranked according to their performances and there will be reviews accompanying them. It will be healthy for you to assess and come with the best institute of your choice. It is always better not to leave your judgment on the internet alone as all institutes these days have marketing wings to promote themselves.

Corroborate Your Facts

Before making your selection, it’s always wise to call up the institute and clear your doubts. Seek out ex students from the institutes and learn from their engagements with the coaching center. Verify all the credentials, certificate and services offered by them before making your final choice.

Timely Course Completion

This is one of the most important criteria while choosing an institute. Coaching classes have a tendency to drag their classes well after the stipulated completion date. You should make sure that they complete all their courses and assignments at least two months before the exams. It will give you the much needed time to revise your papers.

Checkout the Faculty

Faculty of an institute should be your first criteria for choosing the institute of your choice. Checkout whether the faculty has the required years of experience for training students in CA.You should judge the quality of the teachers, the method of teaching and strategies employed by them while conducting classes.

CA in Kolkata

Compare the Fee Structure

Exercise your judgment before getting lured by the discounts offered by the institutes. Scrutinize the normal fees taken by the institute as you can’t discontinue midsession.

A good institute can make your career, while a bad one can ruin it. The best institutes will not only train you but will also make sure that you become a well groomed professional. So, it is imperative to make your choice and this article will definitely make your search much easier than ever.