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Role of the regulators and the board towards further improvements in India
Posted Date : 22-Apr-2012 , 09:55:01 am | Posted By Vikash Kumar Jha

  Role of the regulators and the board towards further improvements in India’s corporate governance practices:   Good corporate governance is perceived to be one of the essentials pillars for building efficient and sustainable corporations. The recent global financ...

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Category : General | Comments : 0 | Hits : 616

Short Concept On AMT (Alternate Minimum Tax)
Posted Date : 19-Apr-2012 , 04:59:43 pm | Posted By CA Ramesh K Chhajer

CONCEPT OF ALTERNATE MINIMUM TAX As per the current provisions of income Tax Act , 1961 Companies are liable to par MAT (Minimum Alternative Tax) on their Book Profits and the LLP (limited Liability Partnership) are liable to pay AMT (Alternate Minimum Tax) in substitution of normal Income Ta...

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Category : Income Tax | Comments : 0 | Hits : 1095

One mind blowing interview
Posted Date : 19-Apr-2012 , 03:06:26 pm | Posted By CS Shilpi Bhardwaj

One mind blowing interview Interviewer : Tell me about yourself. Candidate: I ...am Rameshwar Kulkarni. I did my Tele Communication engineering from BabanRao Dhole-Patil Inst it ute of Technology. Interviewer : BabanRao Dhole-Patil Inst it ute of Technology? I had never heard of t...

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Category : General | Comments : 2 | Hits : 3035

INDIAN AGRICULTURE NEEDS ATTENTION :PE
Posted Date : 18-Apr-2012 , 05:07:03 pm | Posted By INDRANEEL SEN GUPTA

    The three sectors of the Indian economy witnessed slowdown in 2011-12. Moderation in agriculture growth notwithstanding, the year witnessed an all-time high food grains output. The services sector reflected the slowdown in construction, while industrial growth slackened due ...

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Category : Finance | Comments : 0 | Hits : 569

ICAI defers applicability of Auditing Standard SA 700 (Revised), 705, 706 to 1st April, 2012
Posted Date : 18-Apr-2012 , 12:58:30 pm | Posted By CA Vikas Maheshwari

IMPORTANT ANNOUNCEMENT: Important Announcement on revised Effective Date/ Applicability of three Standards on Auditing, namely – - SA 700 (Revised), “Forming an Opinion and Reporting on Financial Statements”; - SA 705, “Modifications to the Opinion in the In...

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Category : Auditing | Comments : 0 | Hits : 1485

Government planning to allow section 25 companies to set up higher educational institutions
Posted Date : 18-Apr-2012 , 12:42:50 pm | Posted By CA Vikas Maheshwari

The government is planning to permit corporate houses to set up higher educational institutions — like multi-disciplinary universities and colleges — by floating a separate not-for-profit entity under Section 25 of the Companies Act 1956. A not-for-profit e...

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Category : Corporate Law | Comments : 0 | Hits : 2884

Today
Posted Date : 18-Apr-2012 , 11:22:50 am | Posted By CS Shilpi Bhardwaj

  Today’s Story:   “WHY WALK WHEN YOU CAN FLY”   Once there was a king who received a gift of two magnificent falcons from Arabia. They were peregrine falcons, the most beautiful birds he had ever seen. He gave the precious birds to his head fa...

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Category : General | Comments : 1 | Hits : 827

Hedge Fund
Posted Date : 17-Apr-2012 , 01:22:44 pm | Posted By Vikash Kumar Jha

HEDGE FUNDS A HEDGE FUND   is an investment vehicle that pursues absolute returns on its underlying investments which includes Stocks, Bonds, Commodities, Currencies, Derivatives, etc. That applying non-traditional portfolio management techniques such shorting, leverage and so on. ...

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Category : Finance | Comments : 0 | Hits : 372

MARITAL WOES
Posted Date : 16-Apr-2012 , 06:34:59 pm | Posted By Neha Jain

  Getting married is very much like going to a restaurant with friends. You order what you want, then when you see what the other person has, you wish you had ordered that. ********* Man: Is there any way for long life? Dr: Get married. Man: Will it help? Dr: No, but t...

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Category : General | Comments : 0 | Hits : 407

Laughter Is the Best Medicine
Posted Date : 16-Apr-2012 , 06:32:20 pm | Posted By Neha Jain

Why do we sometimes write 'etc' at the end in the exam? bcoz it means... - - - - - - - - - - - E-End of T-thinking C-capacity.   ----------------------------------------- How to Create d Biggest Doubt in ur Wife's Mind 4...

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Category : General | Comments : 0 | Hits : 467

Motivational poems
Posted Date : 15-Apr-2012 , 08:09:43 pm | Posted By Nikhil Dhingra

  Don't Quit 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, bu...

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Category : Students Zone | Comments : 0 | Hits : 506

Analytical procedures
Posted Date : 15-Apr-2012 , 09:41:46 am | Posted By Kishore Bolisetty

Analytical Procedures mean the analysis and comparison of financial statements with an intention to identify the potential risk areas of the business. Financial statements show the income, expenses, assets, liabilities and share capital. When we calculate different ratios by creating relation...

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Category : Auditing | Comments : 0 | Hits : 684

Another Story for you all.....
Posted Date : 14-Apr-2012 , 12:07:31 pm | Posted By CS Shilpi Bhardwaj

Work or Serve   One evening a Swamiji of Sri Ramakrishna Mutt was addressing the participants of an MNC company on the concept of work culture.   One of the participants asked the following question to the Swamiji: I am a senior manager...

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Category : General | Comments : 1 | Hits : 371

Why lots of Students Fail the Exam?
Posted Date : 13-Apr-2012 , 03:44:37 pm | Posted By Anmol Goyal

  It’s not the fault of a student if he/she fails his exam, let's see what are the reasons.. Typical academic year for a student. 365 Days 1. Sundays-52, Sundays are for rest. Days left 313. 2. Summer holidays-50 where weather is very hot and difficult to study....

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Category : Students Zone | Comments : 2 | Hits : 1164

A Letter to Mother
Posted Date : 13-Apr-2012 , 03:42:14 pm | Posted By Anmol Goyal

  मैं खुश हँूं और भगवान से प्रार्थना करती हूँ कि आप &#...

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Category : General | Comments : 1 | Hits : 417

Some Motivational quotes
Posted Date : 13-Apr-2012 , 11:38:39 am | Posted By CA Vikas Maheshwari

A great thinker was asked- "What is the meaning of life". He replied  "LIfe itself has no meaning, LIFE is an OPPORTUNITY to creat a meaning".. Live like a pair of waliking leg, Foot forward has no pride & Foot behind has no shame because both know their...

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Category : General | Comments : 1 | Hits : 404

Role of CA's in Eradicating Corruption
Posted Date : 11-Apr-2012 , 05:22:45 pm | Posted By CA Gaurav Kumar Agarwal

"The Role of CAs in Eradicating Corruption"   Chartered accountant plays a very dynamic role for the eradication of corruption & in the economic growth of the Country. While discussing in this matter, let me explain the motto of ICAI. ...

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Category : ICAI | Comments : 1 | Hits : 2387

Highlights of the FDI policy
Posted Date : 11-Apr-2012 , 11:16:21 am | Posted By CS Shilpi Bhardwaj

  Dear Professional Colleagues,   The much awaited FDI policy is released today by the Govt. The highlights of the policy are as under:   (i) Policy for FDI in Commodity Exchanges: At present, foreign investment, within a composite (FDI & FII) cap of 49%...

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Category : FEMA | Comments : 0 | Hits : 1499

Save The Girl Child, Save The Nation.
Posted Date : 10-Apr-2012 , 04:11:46 pm | Posted By CA.Khurana Vivek

  Census is an activity which is carried out in India every decade. The aim of the census is to take a count of the population of the country, understand the detailed demographics and use this for detailed planning of future activities and resource distribution.   India Cens...

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Category : Income Tax | Comments : 2 | Hits : 6610

Self Management
Posted Date : 08-Apr-2012 , 09:09:36 pm | Posted By Vikash Kumar Jha

    SELF MANAGEMENT: POSITIVE THINKING   There is no greater joy than a healthy and positive life. You feel excited, energetic, happy, and on the top of the world. The future looks bright. You feel good to be alive. Great, but how do we get out of our worries, t...

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Category : General | Comments : 0 | Hits : 368

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