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Greedonomics

Posted by Sanjay Chauhan (IFRS) 25 January 2013 9242 Views

It is said that there is no end to Greed. The Free Dictionary defines Greed as an excessive or rapacious desire, especially for wealth or possessions. Though, I am not any Economist but a sceptical man, I see the current economi



Raising income taxes for Superich

Posted by Pravin Luharuka 25 January 2013 7913 Views

The budget session has arrived. Suggestions are coming to the Finance Minister from all directions. Latest suggestion doing the rounds is that the Finance Minister may include a new Income Tax Slab in the Current Budget, the Tax slab for the super r



Benefit to Implement NFRA to Small CA Firms

Posted by Manoj Kumar Gupta 22 January 2013 11281 Views

Everybody is acclaiming that constitution of National Financial Reporting Authority (NFRA) will make professionals more responsible towards wrongdoing. They will bring more stringent rules and policies. They will have the last word on accounting and



TDS - Budget 2013 Wishlist

Posted by Shivanand Pandit 21 January 2013 19077 Views

Honorable Finance Minister, could you please boot out tedious TDS? Its that time of the year when you are preparing next years budget for presentation in parliament. Hopefully this Budget is not just an annual exercise but an effort



Raising Diesel & LPG Prices - A Correct Step?

Posted by Pravin Luharuka 19 January 2013 6230 Views

Many announcements have been heard from the current government in the past 15 days. The current regime seems to have suddenly taken a performance enhancing drug for they want to make up for the lost time and do something fruitful in order to reitera



Budget 2013 Wishlist - Direct Tax

Posted by Shivanand Pandit 19 January 2013 6639 Views

Honorable Finance Minister, could you please be our Santa? Nation is gearing up for the Budget! Expectantly this Budget is not just a twelve-monthly work-out but an endeavor to integrate the populaces visions. All the leading dailies are redden



One year of being a CA

Posted by Sreejith Lal 17 January 2013 37587 Views

Signing everywhere, signing in whatever piece of paper one could catch hold of. That is a common habit among the CA aspirants. Being once a CA student, I used to do that a lot. Used to try out different forms of signature whenever I was vouch



An outsider's perspective to ICAI Elections 2012

Posted by Ashish Kedia 17 January 2013 5744 Views

With the Code of Conduct on Elections now having been lifted by the ICAI, I thought this article is in place Dear Mr. / Ms. Candidate, It all started about 2-3 months ago, when I suddenly starting receiving e-mails in my inbox from unknown



FRRBs observation on Non-Compliance in relation to AS-18

Posted by Rajavardhan.A 17 January 2013 9518 Views

The non-compliance's found by Financial Reporting Review Board (FRRB) on review ofgeneral-purpose financial statements of certain enterprises is regularly published in the ICAI Journal. January 2013 edition of the journal has the compilation o



Cloud computing and Chartered Accountants

Posted by nandith 11 January 2013 34773 Views

INTRODUCTION Cloud computing which was the earlier jargon of technical persons now has become a common word. It affects people over diverse segments and hence has also become relevant to finance professionals. Cloud computing actually is a m




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