Posted Date : 26-Sep-2012 , 05:11:59 pm | Posted By CMA Arif Farooqui

PROCEDURES FOR INCORPORATION OF COMPANY   The best way to start a business is to incorporate Private limited company because it has many advantages like limited liability of members and directors, separate legal entity, easy compliance, etc. A com...

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Category : Corporate Law | Comments : 3 | Hits : 1331

Posted Date : 25-Sep-2012 , 06:22:11 pm | Posted By Swati Singh

To recognize the importance of Independent Directors it is necessary to view the modern day corporate governance, the board of Directors and the inter relation of Independent Directors within this framework in achieving the objectives of any enterprise. ‘’Co...

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Category : Corporate Law | Comments : 0 | Hits : 1606

Posted Date : 25-Sep-2012 , 12:32:07 am | Posted By SUMIT GERA

ITS TIME TO LAUGH A BIT WITH NICE JOKE IN THE MONTH OF BUSY SEPTEMBER ...........   A local United Way office realized that the organization had never received a donation from the town's most successful lawyer. The person in charge of contributions called him to persuade him to c...

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Category : Students Zone | Comments : 0 | Hits : 881

Posted Date : 24-Sep-2012 , 11:04:17 am | Posted By Mukul Gulati

Now that the extended last date for filing your Income tax returns for the year 2011-2012 is over on 31st August 2012, what options do people who have missed the deadline have?   How about filing the returns now after the due date?   He...

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Category : Income Tax | Comments : 0 | Hits : 506

Posted Date : 21-Sep-2012 , 03:30:21 pm | Posted By Namrata

  Malware, short for malicious software, is a software that is designed to damage a computer,a network or a mobile device. It can disrupt computer operation and obtain sensitive and personal information of the user without his knowledge. Malware is different from a legitimate softwa...

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Category : General | Comments : 0 | Hits : 443

Posted Date : 20-Sep-2012 , 04:14:32 pm | Posted By Mohit Gupta

  Negative people can often be very mean and selfish in their remarks. The golden rule is to learn to ignore what they say completely.  - Before they start talking, it’s a good idea to start the conversation on a positive note and avoid topics that even skim the edges of ...

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Category : General | Comments : 1 | Hits : 2817

Posted Date : 20-Sep-2012 , 12:22:22 pm | Posted By CA.Vijay M Narwani

  NOTIFICATION NO. 37/2012 [F.NO. 142/18/2012-SO(TPL)] DATED 12-9-2012  In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, na...

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Category : Income Tax | Comments : 1 | Hits : 741

Posted Date : 19-Sep-2012 , 11:41:28 pm | Posted By Mukul Gulati

Understanding consideration to determine Service Tax payable Clarity is must as far as the term consideration is concerned. The phrase ‘consideration’ has not been defined in the Act. But the explanation (a) of section 67 gives inclusive definition of ‘consideratio...

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Category : Service Tax | Comments : 0 | Hits : 692

Posted Date : 19-Sep-2012 , 11:40:34 pm | Posted By Mukul Gulati

Financial Modelling Financial modelling means creating an abstract form of a financial decision of an organization.  The decision can be regarding a cost of project, financial planning, discounted cash flow, capital budgeting. Normally financial modelling is done by MBA or financial Ana...

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Category : Finance | Comments : 0 | Hits : 506

Posted Date : 19-Sep-2012 , 11:38:17 pm | Posted By Mukul Gulati

FDI IN LLPs IN INDIA AND SUITABILTY OF LLP STRUCTURE IN INDIA   Limited Liability Partnership (“LLP”) is a developing form of corporate structure in India for doing business in India. It is a mix form of a limited liability company and a partner...

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Category : General | Comments : 0 | Hits : 472

Posted Date : 19-Sep-2012 , 11:34:47 pm | Posted By Mukul Gulati

Be Passionate Being passionate towards the aim is big concern for everyone.  Passion is the magical power which ultimately cultivates the attention. Whenever we are passionately concerned about anything, we get ourselves fully indulged into it. Many people would say whenever I play crick...

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Category : Students Zone | Comments : 0 | Hits : 314

Posted Date : 17-Sep-2012 , 02:06:55 pm | Posted By CMA Arif Farooqui

Dear Professional Friends,   There is much cry about FDI in retail but on analysis it on economical point of view, I found in present situation, FDI in retails in very beneficial for Indian Economy. If you remember, same type of buzz was created at the time of implementation of VAT i...

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Category : General | Comments : 0 | Hits : 656

Posted Date : 16-Sep-2012 , 10:36:32 pm | Posted By Mukul Gulati

Server in a small office: How it can save time and costs Small firms with 1 to 3 partners and not with big budgets are not in a position to employ or hire costly software professionals and thus cannot reap the benefits and facilities that are available to them within their computers. Ther...

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Category : General | Comments : 0 | Hits : 332

Posted Date : 16-Sep-2012 , 10:34:29 pm | Posted By Mukul Gulati

TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses (VEC) offered by the Government (Central Government or State Government) or l...

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Category : Service Tax | Comments : 0 | Hits : 644

Posted Date : 16-Sep-2012 , 10:33:23 pm | Posted By Mukul Gulati

 WHAT IS A NON-PROFIT MAKING COMPANY   Any association desirous of being incorporated as a company with limited liability, without the addition of the word “Limited” or the words “Private Limited” as the case may be, shall make ...

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Category : Corporate Law | Comments : 0 | Hits : 1091

Posted Date : 16-Sep-2012 , 10:32:18 pm | Posted By Mukul Gulati

Futures - Backlog of Finance/Stock Market IMPORTANT: This time we thought to write on something different & the first thing that came into our mind was “Futures“. The one who can’t relate to it – It’s the chapter that you will be studying in SFM as well i...

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Category : Finance | Comments : 0 | Hits : 406

Posted Date : 16-Sep-2012 , 10:30:54 pm | Posted By Mukul Gulati

 Accounting:  AN INTRODUCTION   All businesses are required to keep track of their income and assets over a period of time. Accounting thereby, emerges as a critical component of any business operation.   Accounting offers var...

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Category : Students Zone | Comments : 0 | Hits : 299

Posted Date : 15-Sep-2012 , 08:55:38 pm | Posted By Mohit Gupta

  Today’s senior citizen has many more challenges to face than in days past e.g. the increasing inflation and healthcare costs. They also have to look at the threat of capital erosion and fluctuating interest rates. With smart planning an older couple/individual  can manage th...

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Category : Finance | Comments : 0 | Hits : 1719

Posted Date : 14-Sep-2012 , 10:50:48 am | Posted By Mukul Gulati

25 HR Interview Questions Tell me about yourself. Since this is often the opening question in an interview, be extra careful that you don’t run off at the mouth. Keep your answer to a minute or two at most. Cover four topics: early years, education, work history, and recent caree...

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Category : Students Zone | Comments : 0 | Hits : 1770

Posted Date : 14-Sep-2012 , 10:47:10 am | Posted By Mukul Gulati

Find below some useful tips as desired by you:   First and most important point to improve your memory is focus on conceptual study.   Another suggestion would focus on regular study and say bye bye to cramming.  Pre...

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Category : Students Zone | Comments : 0 | Hits : 946