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10 Things You Need To Bring Up During The Interview
Posted Date : 13-Feb-2013 , 05:53:40 pm | Posted By Vinay Sharma

The job interview might be the only thing left between you and the position of your dreams. Even when you’re the most qualified candidate with references galore, a poor interview performance can leave a lousy impression on a potential employer.   Yet,...

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Category : General | Comments : 0 | Hits : 3562

New Punjab VAT Number Registration Requirements
Posted Date : 11-Feb-2013 , 06:35:15 pm | Posted By Anjali Arora

-.Stamp Paper of Rs. 25/- (3 No.)   -.Punjab VAT & CST Surety Bond.   -.Affidavit attested by notary.   -.2 Sureties (within Punjab) or 2 Bank Guarntees for Rs. 50,000/-   -.Court fees stamp of Rs. 30/-   -.Copy of Resolution (i...

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Category : VAT | Comments : 0 | Hits : 2989

RIGHT TO INFORMATION ACT 2005
Posted Date : 09-Feb-2013 , 09:03:36 pm | Posted By Mrattunjay

Purpose of Right To Information (RTI) Act 2005  The main objective of this Act is to bring Transparency in the Government system and to control Corruption in Govt. controlled bodies.    According to this Act, any information which is...

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Category : General | Comments : 0 | Hits : 547

HOW TO TRANSFER FUNDS VIA NEFT & RTGS
Posted Date : 09-Feb-2013 , 08:47:46 pm | Posted By Mrattunjay

The two options NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement) offered by the RBI allow electronic transfer of funds from the remitter, who has an account in one bank, to the beneficiary, who has an account in any other bank/branch. The transfer...

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Category : Banking | Comments : 0 | Hits : 1298

THINGS TO KNOW ABOUT WEALTH TAX
Posted Date : 09-Feb-2013 , 08:41:26 pm | Posted By Mrattunjay

1) Wealth tax is an annual direct tax imposed on the net wealth of individuals and HUFs with reference to the preceding financial year or the current assessment year. 2) Net wealth is calculated as the aggregate value of all chargeable assets on the valuation date, minus the outstanding deb...

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Category : Income Tax | Comments : 0 | Hits : 341

List of Telephone Nos., email id's at NRO Vishwas Nagar (for Members & Students)
Posted Date : 09-Feb-2013 , 02:04:21 pm | Posted By Anjali Arora

  NORTHERN REGIONAL OFFICE - VISHWAS NAGAR S. No. MEMBER SECTION E-mail Address Contact No 1 FRESH MEMBER ENROLMENT NROMEMREG@ICAI.IN 30210647 2 FELL...

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Category : ICAI | Comments : 0 | Hits : 11953

Small retailer's strategy after FDI in multi- brand retail
Posted Date : 08-Feb-2013 , 01:19:47 pm | Posted By Amit

SMALL RETAILER’S STRATEGY AFTER FDI IN MULTI BRAND RETAIL   After passing of 51% FDI in multi- brand retail in Lok Sabha, many big foreign players in retail sector have got the entry to extend their business operations in one of the world’s larg...

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Category : General | Comments : 0 | Hits : 334

Keep Your Dream
Posted Date : 08-Feb-2013 , 10:48:11 am | Posted By CA Swati Acharya

I have a friend named Monty Roberts who owns a horse ranch in San Ysidro. He has let me use his house to put on fund-raising events to raise money for youth at risk programs.   The last time I was there he introduced me by saying, “I want to tell you ...

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Category : General | Comments : 0 | Hits : 335

Directors Remuneration As Per Company Act 1956
Posted Date : 04-Feb-2013 , 02:31:22 pm | Posted By PRAKASH KUMAR BAL

The term remuneration covers the following types of expenditure incurred by the company for its Director or his family –   Rent free accommodation; Any benefit or amenity in respect of accommodation free of charge; Any other ...

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Category : Corporate Law | Comments : 0 | Hits : 1443

What is Cheque Truncation System
Posted Date : 02-Feb-2013 , 04:55:21 pm | Posted By Anjali Arora

Of late you must have noticed advertisements in newspapers put up by banks urging account holders to stop circulating non-CTS compliant cheques and replace their old cheque books with new CTS enabled ones.   Some banks also created awareness through var...

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Category : Banking | Comments : 3 | Hits : 4394

What is ADR and GDR & Their Differences
Posted Date : 30-Jan-2013 , 03:03:58 pm | Posted By Vinay Sharma

  Indians are known world over for their regular savings habit. We have imbibed this very healthy habit from our forefathers who practiced it in their own way throughout their life, and lived a safe and satisfactory retired life due to this habit.   ...

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Category : Finance | Comments : 0 | Hits : 6369

Leverage and Types of Leverages
Posted Date : 28-Jan-2013 , 06:10:05 pm | Posted By Vinay Sharma

Leverage is very scientific tool in the hand of finance manager . Finance manager uses this tool for making effective financial structure of company . Financial structure is just mix of debt and equity and with help of leverage , finance manager gets fund with effective ratio of debt and equity ....

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Category : Finance | Comments : 0 | Hits : 1120

Director's Relative (Office or Place of Profit) Rules, 2011
Posted Date : 27-Jan-2013 , 04:27:52 pm | Posted By Vinay Sharma

In exercise of the powers conferred by clause (b) of sub-section (1) of section 642, read with sub-section (1B) of section 314 of the Companies Act, 1956, the Central Government hereby makes the following Rules in supersession of the earlier Notification No. GS.R. 89(E), dated ...

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Category : Corporate Law | Comments : 0 | Hits : 1982

Career as Cost & Management Accountant
Posted Date : 25-Jan-2013 , 04:45:47 pm | Posted By CMA Arif Farooqui

Before liberalisation of Indian Economy, career in finance was perceived as a back office record keeping job; but after the liberalisation it has become much more challenging and interesting. Today, it is seen as a career that provides greater roles in decision making, planning...

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Category : Students Zone | Comments : 1 | Hits : 749

Double Taxation Avoidance Agreement - India and Dubai
Posted Date : 24-Jan-2013 , 05:22:29 pm | Posted By CA Anil Kumar Jain

Preamble: Dubai’s trade relationship with India has been witnessing a considerable growth. This has been due mainly to the distinctive ties between the Governments and people of the two countries and the joint economic agreements.   Trade betw...

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Category : Income Tax | Comments : 1 | Hits : 1057

Facts about Rajiv Gandhi Equity Savings Scheme
Posted Date : 24-Jan-2013 , 12:26:13 pm | Posted By Vinay Sharma

Following are details of how the RGES scheme works: * First-time Indian investors earning less than 1 million rupees a year would be eligible for a 50 percent tax break on stock investments of up to 50,000 rupees. * Investors will have half of however much they invest deducted from their ...

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Category : Income Tax | Comments : 0 | Hits : 1578

Amendments brought by The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012
Posted Date : 23-Jan-2013 , 01:47:55 pm | Posted By Sameer Kakar

Amendments brought by The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 A commentary by CA Sameer Kakar, B.Com (Hons.), LLB, FCA   The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, ...

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Category : Banking | Comments : 0 | Hits : 2842

What is VAT?
Posted Date : 22-Jan-2013 , 07:27:28 pm | Posted By Suresh Tamang

VAT is a system of indirect Tax, which has been introduced in place of sales tax. VAT is paid by the producers-manufactures-retailers-dealers of the products. They add on their product/produce price and that is at last paid by the user of the goods/consumer. VAT is a fair and u...

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Category : VAT | Comments : 0 | Hits : 738

INCOME TAX RATES (AY 2013-14)
Posted Date : 22-Jan-2013 , 07:25:30 pm | Posted By Suresh Tamang

  The new and revised income tax slabs and rates applicable for the financial year (FY) 2012-13 and assessment year (AY) 2012-2013-14 are mentioned below: New Income tax slab for ay 13-14 ...

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Category : Income Tax | Comments : 0 | Hits : 9432

Contravention: Breach of provisions and norms under FEMA
Posted Date : 22-Jan-2013 , 05:06:12 pm | Posted By Vinay Sharma

What is contravention and compounding of contraventions?   Contravention is the breach of provisions and norms under the Foreign Exchange Management Act, or FEMA 1999. Compounding of contraventions refers to the process where the individual or the...

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Category : FEMA | Comments : 0 | Hits : 2256

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