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Budget Highlights
Posted Date : 16-Mar-2012 , 04:58:24 pm | Posted By CS Shilpi Bhardwaj

General     1. GDP next year to be around 7.6%. 2. Expect inflation to be lower. 3. FM acknowledges subsidies a problem, says it will be brought down to 1.7% of GDP in future. 4. Disinvestment target in 2012-13 is 30,000 crore. 5. Efforts are on to arrive a...

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Category : Income Tax | Comments : 0 | Hits : 123

Union Budget 12-13 Key Features
Posted Date : 16-Mar-2012 , 02:12:11 pm | Posted By Siddharth Jain

Hi Friends, Union Budget for 12-13 is Out. Key Features are:- 1. Major changes have been in Indirect tax as compared to Direct tax. 2. Slab rate for individual has been raised from Rs. 180000 to Rs. 200000. 3. New Slab is under:- T/income from 0-200000 - Nil Above 200000 to 500000 - 10%...

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Category : Income Tax | Comments : 0 | Hits : 540

A FAITH....!!1
Posted Date : 15-Mar-2012 , 01:26:20 pm | Posted By CS Shilpi Bhardwaj

  Why Go to the Temple ? A 'devotee' wrote a letter to the editor of a newspaper and complained that it made no sense to go to the Temple. 'I've gone for 30 years now, he wrote, and in that time I have heard something like 3,000 mantras. But for the life of me, I ...

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Category : General | Comments : 5 | Hits : 221

Payment of Bonus Act 1965
Posted Date : 14-Mar-2012 , 10:23:38 am | Posted By SHIKHA SONI

  Applicability of Act (Sec 1)   Every factory wherein 10 or more persons are employed with the aid of power or An establishment In which 20 or more persons are employed without the aid of power on any day during an accounting year. Establishment : Establishment inc...

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Category : Corporate Law | Comments : 0 | Hits : 357

Dont Quit
Posted Date : 13-Mar-2012 , 10:44:02 pm | Posted By Kshitij Nijhawan

""Don't quit" is what you will read from many books and hear from many successful people. The meaning of these inspirational words is all about going past the barriers to success. Regardless of your occupation or goals, you will face these common hurdles and ...

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Category : General | Comments : 3 | Hits : 228

Motivating Yourself and Others
Posted Date : 11-Mar-2012 , 11:34:34 pm | Posted By SHIKHA SONI

No matter whether you want to motivate others or yourself, the same challenge must be met: getting from inaction to positive action. Even negative action is a better starting point than lack of action. Directing and leading action is always easier when there is at least some motion. Star...

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Category : General | Comments : 4 | Hits : 443

some tips for self study if u want to do
Posted Date : 10-Mar-2012 , 11:03:02 am | Posted By SHIKHA SONI

May be because I did self-study so it could be reason for my eagerness to share this article to my friends of casansaar. A person may choose to self-study by his own wish, by financial problem or by forceful circumstances.   In any of the ca...

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Category : Students Zone | Comments : 5 | Hits : 749

Expectations to Individuals from Budget 2012 on Direct Tax
Posted Date : 09-Mar-2012 , 10:41:51 am | Posted By SHIKHA SONI

  Increase in the Basic Income Tax  Exemption Limits for Individuals – To compensate partially for rising inflation it would be right move if govt. increases  basic exemption limit from the current Rs. 180,000 to Rs. 3,00,000/-.  The edu...

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Category : Income Tax | Comments : 2 | Hits : 405

Change yourself
Posted Date : 09-Mar-2012 , 10:32:54 am | Posted By Pallav Singhania

Have you heard them all. “It’s not my fault, it’s that… “he gave me a bad idea” “no one told me about the facts” “no one taught me that strategy” “my job takes up too much...

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Category : Students Zone | Comments : 4 | Hits : 374

Provisioning on Bad Loans
Posted Date : 07-Mar-2012 , 07:08:31 pm | Posted By Kshitij Nijhawan

  The Reserve Bank of India has relaxed norms regarding setting aside money for bad loans. A move which has come as a major relief for all commercial banks.    The banking regulator has said banks should maintain 70% of the provision coverage ratio (PCR) of their gross ...

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Category : RBI | Comments : 0 | Hits : 294

Impotance of Holi Festival
Posted Date : 07-Mar-2012 , 02:59:28 pm | Posted By SHIKHA SONI

Significance of Holi In spite of being such a colourful festival, there are various aspects of Holi which makes it so significant for our lives. Though they might not be so apparent but a closer look and a little thought will reveal the significance of Holi in more ways...

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Category : General | Comments : 0 | Hits : 379

Art of Internal Auditing
Posted Date : 07-Mar-2012 , 10:54:02 am | Posted By SHIKHA SONI

Now, the world is in twenty first century, everywhere changes could be visualised but with respect to accounting, auditing etc, where is the change?  Modern organisations have become more sophisticated and thus resulted in decentralisation of their activities and consequently the top ma...

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Category : Auditing | Comments : 2 | Hits : 453

SURVEY, SEARCH AND SEIZURE
Posted Date : 05-Mar-2012 , 08:13:55 pm | Posted By CA Akshay Joshi

  SURVEY, SEARCH AND SEIZURE SURVEY Preliminary The relevant provisions are contained...

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Category : Income Tax | Comments : 0 | Hits : 240

VALUATION OF BUSINESS / SHARE
Posted Date : 05-Mar-2012 , 08:02:58 pm | Posted By CA Akshay Joshi

  VALUATION OF BUSINESS/ SHARES BACKGROUND India witnessed a substantial growth in value and volume in M&A activities in 2010 2010 in comparison to last 2 years. Year 2010 growth was driven by outbound deals reflecting India’s rising ...

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Category : Finance | Comments : 0 | Hits : 364

ALL ABOUT APPEAL ,REVISION & RECTIFICATION
Posted Date : 05-Mar-2012 , 07:51:53 pm | Posted By CA Akshay Joshi

  I. APPEALS   Section Appellate Authority Time Limit Filing fees ...

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Category : Income Tax | Comments : 0 | Hits : 615

Required Documents for Applying Pan Application for Foreign Citizen
Posted Date : 05-Mar-2012 , 12:50:11 pm | Posted By Yogesh Bhardwaj

Foreign Citizen Category of Applicant Proof of Identity Proof of Address Citizen of India located outside India at the time of application for PAN. ...

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Category : Income Tax | Comments : 0 | Hits : 397

Required Documents for Applying Pan Application for Indian Citizen
Posted Date : 05-Mar-2012 , 12:47:53 pm | Posted By Yogesh Bhardwaj

Indian Citizen Document acceptable as proof of identity and address as per Rule 114 of Income Tax Rules, 1962, for individual and HUF applicants Sr. No. Proof of Identity (Copy of) Proof ...

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Category : Income Tax | Comments : 0 | Hits : 535

Bonus Shares - A tool of tax saving
Posted Date : 05-Mar-2012 , 12:25:31 pm | Posted By Kshitij Nijhawan

The perception of a stock is dependent upon the expected price movement of the stock and the company’s dividend payout policies, which can be in the form of cash dividends or stock dividends , commonly known as bonus issues. A company’s ability and willingness to pay steady dividends ...

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Category : Income Tax | Comments : 0 | Hits : 404

Exemption of CPT by ICAI for list of category
Posted Date : 05-Mar-2012 , 12:03:13 am | Posted By CA GAURAV

Exemption of CPT by ICAI for list of Category Please refer the following ICAI Link for your reference http://220.227.161.86/26049council15546.pdf ...

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Category : Students Zone | Comments : 0 | Hits : 689

ways to make good impression
Posted Date : 04-Mar-2012 , 05:48:12 pm | Posted By SHIKHA SONI

  7 Ways to Make a Good Impression   Impressions are important: They leave an initial taste in people's  mouths that can remain prevalent for the entire relationship. If  you are paranoid about what kind of impression you make, run  through the...

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Category : General | Comments : 1 | Hits : 743

Manner of Scrutiny of Cases for F.Y. 2011-12
Posted Date : 02-Mar-2012 , 09:47:24 pm | Posted By Kshitij Nijhawan

The Income Tax Department has  released a good press note that tax returns filed by senior citizens above 60 years and small taxpayers with gross total income of less than Rs. 10 lakh will not be scrutinised in a routine manner.The Criteria for selection of cases under scrutiny in other...

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Category : Income Tax | Comments : 0 | Hits : 1248

How to Overcome Language Barriers in the Workplace
Posted Date : 01-Mar-2012 , 08:25:15 pm | Posted By Kshitij Nijhawan

iIn this day and age, multinational corporations are a dime a dozen and most international offices are largely populated by local employees.  This, along with an agenda of diversification, has made it almost impossible to work in the corporate world without dealing with the difficulties of l...

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Category : General | Comments : 2 | Hits : 372

documents on which PAN required to be quoted
Posted Date : 29-Feb-2012 , 12:07:55 pm | Posted By SHIKHA SONI

  PAN should be quoted on all: 1.    Income-tax / TDS / TCS Returns 2.    Correspondence with tax department, 3.    Tax challans, 4.    Correspondence, bills, vouchers and other documents which are...

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Category : Income Tax | Comments : 1 | Hits : 281

lessons to be learned in life
Posted Date : 28-Feb-2012 , 02:39:53 pm | Posted By SHIKHA SONI

  Sometimes thinking about your life and sorting out what you have learned is just as important as tackling a new venture. Being an adult can be fun when you are acting like a child. Love has nothing to do with looks, but everything to do with time, trust, and interest. ...

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Category : General | Comments : 4 | Hits : 307

Field in MBA - Good for chartered accountancy Student
Posted Date : 28-Feb-2012 , 08:57:26 am | Posted By Kshitij Nijhawan

Which field in MBA is good for chartered accountancy student? Dear Friend, As a  Chartered Accountancy student, " MBA in Finance & Accounting " field is very good for us. Today, the most popular specialization in MBA program is "Finance and Accounting" ...

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Category : Students Zone | Comments : 2 | Hits : 859

How to Dress Up in Interview
Posted Date : 27-Feb-2012 , 04:43:35 pm | Posted By Kshitij Nijhawan

The first impression you make on a potential employer is the most important one. The first judgment an interviewer makes is going to be based on how you look and what you are wearing. That's why it's always important to dress professionally for a job interview, even if the work enviro...

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Category : General | Comments : 3 | Hits : 239

Candidate Selection Criteria & Interviewer Tips
Posted Date : 26-Feb-2012 , 02:18:42 pm | Posted By Kshitij Nijhawan

The job interview is one of the most important incidents in a company. The importance of the job is the same for the person holding the interview as well as the person who is appearing for the interview. If the person who is holding the interview does not conduct a proper interview, there are cha...

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Category : General | Comments : 2 | Hits : 1115

The HR conundrum
Posted Date : 26-Feb-2012 , 09:28:44 am | Posted By Mrattunjay

Where are the people? That's the biggest question confronting all of us today. Leave alone people with good skill-sets, its becoming increasingly difficult to even get average people with satisfactory work ethic.   This has become a regular conversation with every one I meet these...

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Category : General | Comments : 0 | Hits : 159

Mixing Business And Pleasure
Posted Date : 26-Feb-2012 , 09:11:10 am | Posted By Mrattunjay

The gaming PC market in the country has been witnessing exponential growth. While there are no official market figures from the leading research agencies, the market size for gaming PC and hardware is now estimated to be more than Rs 1,000 crore.   “While we may still ...

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Category : General | Comments : 0 | Hits : 149

Be Enthusiastic
Posted Date : 25-Feb-2012 , 01:59:32 pm | Posted By Kshitij Nijhawan

Ways to be more enthusiastic How would you rate your enthusiasm levels at the moment? Could they do with a boost? If you feel like your batteries could use some recharging there are some simple things you can do to be more enthusiastic. 1. Things that make you happy list Take the time...

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Category : General | Comments : 0 | Hits : 154

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