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Keep Your Dream
Posted Date : 17-Nov-2011 , 11:52:42 am | Posted By Neha Jain

Keep Your Dream A friend named Monty owns a horse ranch in Maharashtra. During one public gathering at his house, he narrated a story. “It all goes back to a story about a young man who was the son of an itinerant horse trainer who would go from stable to sta...

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Category : General | Comments : 1 | Hits : 274

Capital Market in India
Posted Date : 16-Nov-2011 , 10:43:45 am | Posted By AKHIL MAHESHWARI

The capital market has 3 components - the equity market, the debt market, and the derivative market. It consists of all those connected with issuing and trading in equityshares and also medium and long term debt instruments, namely, bonds and deben...

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Category : Shares & Stock | Comments : 2 | Hits : 404

Do You Have Employment Gaps In Your Resume?
Posted Date : 16-Nov-2011 , 10:36:34 am | Posted By AKHIL MAHESHWARI

Dear Job seekers and employees,   A major challenge faced by job seekers is how to explain a gap in their work history. Taking time away from the workforce can happen for a variety of reasons such as raising a family, an illness, taking time off to upgrade ...

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Category : General | Comments : 0 | Hits : 642

Words used in Corporate World !
Posted Date : 16-Nov-2011 , 10:23:39 am | Posted By AKHIL MAHESHWARI

  Dear Friends,   The below used key words will keep you stand in corporate world with better understanding and communication, so have a stress on these locked words and their keys in front of all.   1. We will do it" means" You will do it" &n...

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Category : General | Comments : 0 | Hits : 3919

DON'T MISS THE MORAL
Posted Date : 09-Nov-2011 , 02:29:26 pm | Posted By Akanksha Handa

Once PVNR (PV Narasimha Rao), L.K.Advani and Laloo Prasad Yadav were travelling in an autorickshaw. They met with an accident and all three of them died. Yama Raja was waiting for this moment at the doorstep of death. He asks PVNR and Advani to go to HEAVEN. But, for Laloo, Yama h...

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Category : General | Comments : 0 | Hits : 418

YOU CAN MAKE A HUGE DIFFERENCE TO THE INDIAN ECONOMY BY FOLLOWING FEW SIMPLE STEPS
Posted Date : 02-Nov-2011 , 08:41:58 am | Posted By AKHIL MAHESHWARI

  Please spare a couple of minutes here for the sake of India.    I got this article from one of my friends, but it's true. I can see this in day to day life.   Here's a small example:-    Before 12 months 1 US $ = IND Rs 39 Af...

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Category : General | Comments : 1 | Hits : 1031

Difference between AS and TAS
Posted Date : 30-Oct-2011 , 09:19:24 pm | Posted By SWATI GUPTA

Differences between AS 7 and TAS on ‘Construction Contracts’   1. As per Accounting Standard AS 7 (para 21), revenue and expenditure should be recognized only when the outcome of a construction contract can be estimated reliably, whereas in...

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Category : Accounts | Comments : 0 | Hits : 1054

SERVICE TAX AMENDMENTS
Posted Date : 25-Oct-2011 , 07:46:13 pm | Posted By Pallav Singhania

As per Section 68 of the Finance Act, 1994, the person providing the taxable service is required to pay the service tax. However, as per Section 68(2), the government can notify services for which any person other than the service provider shall be liable for compliance of vari...

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Category : Service Tax | Comments : 0 | Hits : 931

GST AT A GLANCE
Posted Date : 25-Oct-2011 , 07:33:14 pm | Posted By Pallav Singhania

HANGING PHASE OF INDIRECT TAXES - CHALLENGES AND OPPORTUNITIES   In the era of the major reform and development taking place in our country, India, the tax reforms is and has been the key to have the change of track in the economic growth of the country. The various stake holders fo...

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Category : GST | Comments : 1 | Hits : 918

things not to do when exams are close
Posted Date : 25-Oct-2011 , 10:57:04 am | Posted By Pallav Singhania

As the exams draw near, heartbeat of many a student increases. Many students get confused as to what to do and what not to do. This article attempts to settle down the nerves and provide ways of avoiding tension.   You should try to:-     ...

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Category : Students Zone | Comments : 8 | Hits : 1093

SERVICE AND GOOD TAX
Posted Date : 25-Oct-2011 , 10:55:24 am | Posted By Pallav Singhania

The central and state governments moved closer to ushering in a nationwide goods and services tax on April 1, 2011, that will simplify the manner in which corporates, small enterprises and traders will be levied taxes on goods and services.   The reform would eliminate multiple indir...

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Category : GST | Comments : 0 | Hits : 359

what is inspiration....amust read one
Posted Date : 25-Oct-2011 , 10:26:06 am | Posted By Pallav Singhania

  12 hours of training EVERYDAY... 5 Times Champion of......Tour DE France... LANCE ARMSTRONG... (A CANCER SURVIVAL)         4 hours of Study.... 4 hours of sleep... 16 hours practice....EVERYDAY.....

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Category : Students Zone | Comments : 2 | Hits : 626

NEVER QUIT
Posted Date : 25-Oct-2011 , 10:24:59 am | Posted By Pallav Singhania

I quit my job, my relationship, my spirituality... I wanted to quit my life. I went to the woods to have one last talk with God. "God", I said. "Can you give me one good reason not to quit?" His answer surprised me... "Look around", He said. "Do yo...

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Category : Students Zone | Comments : 2 | Hits : 594

success
Posted Date : 22-Oct-2011 , 02:18:44 pm | Posted By Mridulpinto

Success Is Waiting To Happen “When we see someone successful, we say that he just got lucky. ‘He must have been at the right place at the right time.’ People only see one side of the picture. People don’t see the failures. If you study history, you will fi...

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Category : General | Comments : 0 | Hits : 394

PROFITING FROM INCONSISTENT PROBABILITIES
Posted Date : 21-Oct-2011 , 03:47:15 pm | Posted By AKHIL MAHESHWARI

Suppose that: If event E occurs, the value of two assets, A and B, will both rise. The price of asset A reflects a higher probability of occurring of event E than the price of asset B, and thus inconsistent probabilities exist. Now if all else equal, asset A is overvalued com...

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Category : General | Comments : 0 | Hits : 424

Management Tip by Dr. A. P. J. Abdul Kalam
Posted Date : 21-Oct-2011 , 01:48:29 pm | Posted By AKHIL MAHESHWARI

Friends, I am here with you to share the tips on management as given by Former President of India APJ Abdul Kalam at Wharton India Economic forum , Philadelphia , March 22,2008 :- Question asked to Dr. Kalam: Could you give an example, from your own experience, of how leaders shou...

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Category : General | Comments : 0 | Hits : 478

How to File Service Tax Return for Accrual System
Posted Date : 19-Oct-2011 , 10:40:15 pm | Posted By AKHIL MAHESHWARI

Dear Friends, As you aware that Point of Taxation Rules are compulsorily applicable w.e.f. 01.07.2011. Therefore, service tax liability for July, 11 onwards period will consist of service tax on following components:- a. Amount received towards Debtors outstanding as on 30.06.2011, ...

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Category : Service Tax | Comments : 2 | Hits : 814

LIFE
Posted Date : 19-Oct-2011 , 08:05:44 pm | Posted By CA Amit Bajaj

  LIFE A Mystry…….   Sometimes people come into your life and you know right away that they were meant to be there, to serve some sort of purpose, teach you a lesson, or to help you figure out who you are or who you want to become.   You never know...

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Category : Students Zone | Comments : 1 | Hits : 381

Never quits (Biography of Abraham Lincoln in Short)
Posted Date : 19-Oct-2011 , 11:57:16 am | Posted By CA Amit Bajaj

  Abraham Lincoln...... Born into poverty, Lincoln was faced with defeat throughout his life. He lost eight elections, twice failed in business and suffered a nervous breakdown. He could have quit many times – but he didn’t and because he didn’t quit, he became ...

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Category : Students Zone | Comments : 1 | Hits : 463

We Must Change Girls' Perception of Business
Posted Date : 19-Oct-2011 , 11:15:22 am | Posted By AKHIL MAHESHWARI

  To resolve the entrepreneurship gender gap, we need to make owning a business seem cool to girls before they reach high school   The U.S. Small Business Administration recently released a report noting that women-owned businesses “will increasingly face the...

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Category : General | Comments : 0 | Hits : 307

Three Rules for Entrepreneurs During Uncertainty
Posted Date : 19-Oct-2011 , 12:17:22 am | Posted By AKHIL MAHESHWARI

  Consider three scenarios:   The Mexican economy was in ruins in 1982. Oil prices had fallen, the peso was devalued, interest rates were high, and some banks were nationalized. Yet a young entrepreneur saw opportunities and invested heavily du...

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Category : General | Comments : 0 | Hits : 268

Family Values..........
Posted Date : 18-Oct-2011 , 11:54:26 pm | Posted By CA Amit Bajaj

A philosophy professor stood before his class with some items on the table in front of him. When the class began, wordlessly he picked up a very large and empty mayonnaise jar and proceeded to fill it with rocks, about 2 inches in diameter. He then asked the students if...

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Category : General | Comments : 1 | Hits : 282

Why the goals are Important...... Must Read
Posted Date : 18-Oct-2011 , 04:43:42 pm | Posted By CA Amit Bajaj

On the best sunny day, the most powerful magnifying glass will not light paper if you keep moving the glass. But if you focus and hold it, the paper will light up. That is the power of concentration.   A  man was traveling and stopped ...

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Category : Students Zone | Comments : 0 | Hits : 480

How would you like to be remembered
Posted Date : 18-Oct-2011 , 03:29:05 pm | Posted By CA Amit Bajaj

  About a hundred years ago, a man looked at the morning newspaper and to his surprise and horror, read his name in the obituary column. The newspapers had reported the death of the wrong person by mistake. His firstresponse was shock. Am I here or there? When he regained h...

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Category : Income Tax | Comments : 0 | Hits : 269

The Story of the Butterfly
Posted Date : 18-Oct-2011 , 03:05:55 pm | Posted By CA Amit Bajaj

  Motivational Stories................     A man found a cocoon of a butterfly. One day a small opening appeared. He sat and watched the butterfly for several hours as it struggled to squeeze its body through the tiny hole. Then it stopped, as if it couldn&#...

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Category : Students Zone | Comments : 0 | Hits : 305

Mother Love
Posted Date : 17-Oct-2011 , 10:15:52 am | Posted By Neha Jain

                    Mother Love After the Earthquake had subsided, when the rescuers reached the ruins of a young woman’s house, they saw her dead body through the cracks. But her pose was somehow strange that...

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Category : Income Tax | Comments : 0 | Hits : 290

TAX BENEFITS AVAILABLE TO SENIOR CITIZENS
Posted Date : 15-Oct-2011 , 10:56:02 pm | Posted By AKHIL MAHESHWARI

A person becomes senior citizen under Income Tax Act in any year after attaining the age of 60 years even for one day. Once he attains 60 years, his status as senior citizen in that financial year, gives him some relief .There are not many. These are listed below: 1. Higher Exemption Limit ...

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Category : Income Tax | Comments : 0 | Hits : 311

A Lesson for Every Salaried Person
Posted Date : 15-Oct-2011 , 03:48:50 pm | Posted By Akanksha Handa

A Lesson for Every Salaried Person A shopkeeper watching over his shop is really surprised when he sees a dog coming inside the shop, He shoos him away. But later, the dog is back inside again. So he goes over to the dog and notices that it has a note in its mouth. He takes the note and it...

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Category : Income Tax | Comments : 2 | Hits : 883

Hindu woman entitled to equal property rights and Liabilities in the property of HUF
Posted Date : 14-Oct-2011 , 05:27:21 pm | Posted By AKHIL MAHESHWARI

  Ganduri Koteshwaramma & Anr. Versus Chakiri Yanadi & Anr. (Supreme Court)-A Hindu woman or girl will have equal property rights along with other male relatives for any partition made in intestate succession after September 2005.  under the Hindu Succession (...

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Category : General | Comments : 0 | Hits : 477

Points useful while doing auditing
Posted Date : 12-Oct-2011 , 07:04:10 pm | Posted By AKHIL MAHESHWARI

  Ø REGARDING  TDS Ø  REGARDING  BONUS Ø  REGARDING  FBT Ø  REGARDING  PURCHASE Ø REGARDING  PROVIDENT FUND Ø REGARDING  ...

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Category : Auditing | Comments : 3 | Hits : 1269

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