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Exemptions or Relaxations for SMCs as defined in the Notification
Posted Date : 15-Feb-2012 , 07:30:30 am | Posted By Mrattunjay

Exemptions or  Relaxations  for  SMCs  as  defined  in  the Notification   (A)Accounting Standards not applicable to SMCs in their entirety:   AS 3 Cash Flow Statements. AS 17 Segment Reporting   (B)&n...

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Category : Corporate Law | Comments : 0 | Hits : 958

Applicability of Accounting Standards to Companies
Posted Date : 15-Feb-2012 , 07:29:44 am | Posted By Mrattunjay

(I)         Accounting Standards  applicable  to all  companies  in  their entirety  for  accounting periods  commencing on  or  after  7th December, 2006        ...

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Category : Corporate Law | Comments : 0 | Hits : 413

DONT QUIT
Posted Date : 14-Feb-2012 , 08:49:42 am | Posted By Kshitij Nijhawan

When things go wrong as they sometimes will, When the road you're trudging seems all uphill, When funds are low and the debts are high, And you want to smile, but you have to sigh. When care is pressing you down a bit. Rest, if you must, but don't yo...

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Category : General | Comments : 0 | Hits : 126

IMPORTANCE OF BUSINESS COMMUNICATION
Posted Date : 13-Feb-2012 , 09:29:11 am | Posted By Kshitij Nijhawan

Communications play a vital role in all business areas, everything from Business Development to Sales & Marketing. In business it is crucial and very important to have excellent communications skills. Lack of effective communications may lead to misunderstandings, lack of information, lower p...

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Category : General | Comments : 0 | Hits : 102

TIME MANAGEMENT
Posted Date : 12-Feb-2012 , 09:38:20 pm | Posted By SHIKHA SONI

Do you ever find yourself wishing there were more hours in the day? Is overtime becoming the norm for you? Do you wish you had more time to spend doing the things that you really want to do?  Most likely you answered yes to one or more of these questions and feel like you are not really wh...

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Category : General | Comments : 0 | Hits : 479

Which Type of Resume is Right For You
Posted Date : 12-Feb-2012 , 09:22:28 pm | Posted By SHIKHA SONI

The resume: one of the most essential, albeit intimidating, parts of any job search. This key job-hunting tool should show your education, prior experience, accomplishments, and skills, which is a lot to include in one page. Your resume will most likely be in one of three forma...

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Category : General | Comments : 1 | Hits : 930

Asset Allocation: Smart Way to Balance Financial Risk
Posted Date : 12-Feb-2012 , 01:12:48 pm | Posted By Mrattunjay

Investment experts asks investors to always follow a proper asset allocation plan and rebalance it at regular intervals to create wealth in a long term, reports Economic Times. Asset allocation is a systematic investment strategy which mainly aims to balance risk and appoints a portfolio’s ...

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Category : International Business | Comments : 0 | Hits : 197

Going for Global Markets
Posted Date : 11-Feb-2012 , 01:22:20 pm | Posted By Mrattunjay

Company Objectives and resources: Evaluation of a company’s objectives and resources is crucial in all stages of planning for international operations. Each new market can require a complete evaluation, including existing commitments, relative to the parent’s company’s objec...

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Category : International Business | Comments : 0 | Hits : 173

Consumers of Complex Products
Posted Date : 11-Feb-2012 , 01:16:26 pm | Posted By Mrattunjay

Two dimensions help determine the most appropriate relationship between developers and users: the range of different applications and the number of possible users of each application. Of course there should not be any doubt such products are innovative. Few applications and few users is the c...

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Category : International Business | Comments : 0 | Hits : 167

Stock Market Investing is not The Only Type of Investment
Posted Date : 11-Feb-2012 , 10:55:26 am | Posted By SHIKHA SONI

  What do you think about when you hear the word “investing?” Do you think about the stock market exchange? Although that is the most popular way to invest, it’s not the only one. You also have a choice to invest into a business, invest in real estate, buy gold and silv...

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Category : Finance | Comments : 0 | Hits : 161

Traits of Effective Leaders
Posted Date : 10-Feb-2012 , 06:23:19 pm | Posted By Mrattunjay

It is a well-established fact that only a few managers are able to lead the organizations successfully. A large majority of them, often, fail to deliver the goods. Some believe the answer can be traced to the inner characteristics of a leader such as drive, originality and tolerance of stress, wh...

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Category : Students Zone | Comments : 0 | Hits : 153

Corporate Culture
Posted Date : 10-Feb-2012 , 06:21:55 pm | Posted By Mrattunjay

The corporate culture plays a very influential role in one’s life. An average person spends around 45 to 50 hours in a week in an organization and it is next to impossible to come out of the influence of an organization. Culture defines the way an organization perceives a situation; it ...

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Category : International Business | Comments : 0 | Hits : 198

New Challenges in Business
Posted Date : 10-Feb-2012 , 06:14:43 pm | Posted By Mrattunjay

The idea of starting a business is lucrative and many people quit their salaried job with the hope to start their own business and become their own boss. The idea seems very attractive and easy but in reality the path of setting up a business and expanding it is full of challenges. As your busine...

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Category : Students Zone | Comments : 0 | Hits : 146

Motivation to Achieve Success
Posted Date : 09-Feb-2012 , 12:48:00 pm | Posted By SHIKHA SONI

  Motivation to Achieve Success MOTIVATION is one of the most important assets a person can have en route to self improvement. It is something you need on a daily basis. Without motivation, your thoughts of self improvement will dissipate and fade quite rapidly. You will be looking f...

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Category : General | Comments : 0 | Hits : 505

GLOBALISATION - A Progress or Profiteering
Posted Date : 09-Feb-2012 , 12:21:22 pm | Posted By SHIKHA SONI

  Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, allowing them to become interconnected with different markets. Proponents of globalization say that it helps developing nations "catch u...

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Category : Finance | Comments : 0 | Hits : 169

Penalty for non-payment of stamp duty on allotment of Equity Shares/Preference shares/Bonds/Debentures/ Promissory notes
Posted Date : 09-Feb-2012 , 07:24:50 am | Posted By Mrattunjay

“The Collector of Stamps, NCT of Delhi” has recently issued notices to various companies regarding the non-payment of stamp duty on allotment of Equity Shares/Preference shares/Bonds/Debentures/ Promissory notes, payment of consolidated stamp duty on all previous allotments ...

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Category : Income Tax | Comments : 0 | Hits : 3248

TA-TA BYE-BYE Bank Audits
Posted Date : 08-Feb-2012 , 07:52:08 pm | Posted By CA Mordhwaj Garg

A worst situation has emerged for the Bank audit 2012 assignments. It seems that there will not be Branch Bank Audits for category III & Category IV firms this year. The RBI has diluted its stand but still gunning for 30 Crore & 50 Crore norms for Branch Audit. ...

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Category : Auditing | Comments : 2 | Hits : 1332

Know Your Unique Code Number
Posted Date : 07-Feb-2012 , 12:42:29 pm | Posted By CA Mordhwaj Garg

Unique Code Number for Bank Audit of F.Y. 2011-2012 are the below link:-   http://www.mefcai.org/know_ucn.html ...

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Category : Auditing | Comments : 0 | Hits : 1721

CENVAT ON REMOVAL OF CAPITAL GOODS
Posted Date : 07-Feb-2012 , 12:09:24 am | Posted By Mrattunjay

In respect of Capital Goods removed after use, there was an issue as to Whether the entire credit taken initially has to be reversed since the capital goods are not removed 'as such' and the value of capital goods would have depreciated over the years. In certain cases, the am...

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Category : Income Tax | Comments : 0 | Hits : 1536

CA AT THE AGE OF 17,BUT AT WHICH COST...?
Posted Date : 06-Feb-2012 , 01:48:10 pm | Posted By KIRTI

Yes,its true.. CA At 17 YEARS- a Lesson a friend know that student.. as he is am from that institute.. unfortunately he attended a TALENT TEST conducted by that institute.. The director of that institute GUPTA , WHO THREATS THE FACULTY (his membersh...

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Category : Students Zone | Comments : 0 | Hits : 2405

Indian nationals who are in the process of obtaining nationality of other country
Posted Date : 05-Feb-2012 , 10:58:21 pm | Posted By Mrattunjay

Indian nationals who are in the process of obtaining nationality of other country or have already obtained citizenship of other country)   Indian passport holders are required to surrender their passports to the nearest Indian Embassy/Consulate immediately after acquisition of forei...

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Category : Corporate Law | Comments : 0 | Hits : 168

OVERSEAS WORKERS RESOURCE CENTRE (OWRC )
Posted Date : 05-Feb-2012 , 10:57:27 pm | Posted By Mrattunjay

OVERSEAS WORKERS RESOURCE CENTRE (OWRC )   Ministry of Overseas Indian Affairs has taken various measures for educating emigrants, particularly the vulnerable Category, about emigration procedures, the risks involved in irregular migration and the precautions to be taken while seeking ...

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Category : General | Comments : 0 | Hits : 208

TOP TEN SMS AND EMAIL SCAMS OF 2011
Posted Date : 05-Feb-2012 , 07:17:46 pm | Posted By Mrattunjay

Number1. International Lottery Sweepstakes. “You Have Won Lottery” The lottery fraud comes in several hues and shades. It would say “Your mail Id or mobile number has won British Pounds ------------” The names of well known companies are used an...

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Category : Corporate Law | Comments : 0 | Hits : 1031

Economic theory
Posted Date : 05-Feb-2012 , 08:26:13 am | Posted By Mrattunjay

Transfer Pricing with No External Market The discussion below explains an economic theory, but in practice a great many factors influence the transfer prices that are used by multinationals, including performance measurement, capabilities of accounting systems, import q...

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Category : International Business | Comments : 0 | Hits : 246

Advance Pricing Agreement
Posted Date : 05-Feb-2012 , 08:22:06 am | Posted By Mrattunjay

An Advance Pricing Agreement/Arrangement (the specific terminology varies by country), or APA, is an agreement between the taxpayer and the competent taxation authorities that a future transaction will be conducted at the agreed-upon price, which is recognized as the arm's ...

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Category : Income Tax | Comments : 0 | Hits : 169

New Changes
Posted Date : 04-Feb-2012 , 08:28:56 pm | Posted By Mrattunjay

To grant additional privileges to NRIs/PIOS by virtue of flexibility in operation and simplifying transactions, the Reserve Bank of India has further liberalized its policies. In this welcoming step, the RBI has simplified maintenance of various accounts, acquisition of securities and dealing...

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Category : Finance | Comments : 0 | Hits : 163

Nine things Successful people do differently
Posted Date : 02-Feb-2012 , 05:43:00 pm | Posted By Siddharth Bumb

  NINE THINGS SUCCESSFUL PEOPLE DO DIFFERENTLY     Why have you been so successful in reaching some of your goals, but not others? If you aren't sure, you are far from alone in your confusion. It turns out that even brilliant, highly accomplished people are pret...

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Category : General | Comments : 1 | Hits : 338

Amazing Fact About National Flag
Posted Date : 02-Feb-2012 , 05:09:43 pm | Posted By Siddharth Bumb

AMAZING FACTS ABOUT NATIONAL FLAG OF INDIA     Every free nation of the world has its own flag. It is a symbol of a free country. The National Flag of India was designed by Pingali Venkayyaand and adopted in its present form during the meeting of Constituent Assembly held on...

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Category : General | Comments : 0 | Hits : 276

EUROPE DEBT TO EXPLODE
Posted Date : 28-Jan-2012 , 07:03:11 pm | Posted By INDRANEEL SEN GUPTA

    The objective of this article is to find out the hidden time bomb of Euro zone be which will derail the world economic growth in 2012. Just three weeks of the new year of 2012 and it seems that the Europe is slowly landing to resolve its debt problems. The world is thinking ...

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Category : International Business | Comments : 0 | Hits : 277

GOLD FREE FROM CURRENCY
Posted Date : 28-Jan-2012 , 07:01:11 pm | Posted By INDRANEEL SEN GUPTA

  Gold the safe heaven investment avenue and the much debated topic of investment in 2011 still continues its journey in 2012.The objective of this article is to find the probable reasons which will support the Gold price and its sources of demand. Top 3 listed global gold mining co...

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Category : Shares & Stock | Comments : 0 | Hits : 173

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