Community & General Articles

The Fiscal Deficit - Is it really that bad

Posted by BP Inani 07 June 2012 15729 Views

We are hearing a lot about this term Fiscal Deficit and more likely it has been depicted as the Devil behind all this recent economic mayhem experienced in India.You talk to any International Investment banker / Analyst / Economist and

Savings Rate - An illusion

Posted by BP Inani 06 June 2012 14091 Views

Economic Crisis in the west is getting murkier by the passing day. Europe is struggling with Euro. Greece seems to be the first in a series of bail-outs which might give some momentary relief but to my mind it is not the solution to the prob

Booking Losses at the Right Time

Posted by Ramalingam K 06 June 2012 10504 Views

Do you book profit or book loss? You have bought the shares of ABC Ltd at a rate of Rs.100 per share. The current market price is Rs.150 per share. Also you have bought the shares of XYZ Ltd at a rate of Rs.200 and the current market price is Rs

Accounting Deep Discount Bonds - I GAAP & IFRS

Posted by Sanjay Chauhan (IFRS) 05 June 2012 79299 Views

A. Zero Coupon Bond (Deep Discount Bond) Zero-coupon bond (also called a discount bond or deep discount bond) is a bond issued at a price lower than its face value, with the face value repaid at the time of maturity. It does not make periodic inte

Investor Education and Protection Fund

Posted by G S Rao 01 June 2012 85006 Views

Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012 Introduction: Vide notification no.G.S.R. 352(E) Central Government published the Investor Education and Pr

Indian Economic Turbulence - A Comparative View

Posted by Sanjay Chauhan (IFRS) 29 May 2012 14003 Views

Finance Minister Pranab Mukherjee on Wednesday, 23rd May 2012, assured Parliament that India's growth story remained intact despite Euro zone crisis and Greece turmoil. Mr. Mukherjee attributed the downward trend in the share markets to the glob

Persons carrying on agency business or earning commission

Posted by Amit Bajaj 24 May 2012 30799 Views

Persons carrying on agency business or earning commission income should revise their return for A.Y 2011-12, if original return filed u/s 44AD In the Finance Bill 2012 section 44AD has been amended retrospectively w.e.f A.Y. 2011-12 to the effec

Analysis of Amendment in Cenvat Credit Rules, 2004

Posted by PUNEET GOYAL 21 May 2012 51791 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Notification Number 18 CE (NT) dated 17.03.2012 issued along with Budget 2012 has amended CENVAT Credit R

A review of the FDI scenario in Indian retail sector

Posted by piyush 21 May 2012 21507 Views

A Review of the latest development & a general perspective on whether foreign direct investment in INDIA should be open up for Retail Sector By PROF.PIYUSH C SHAH (M.COM, F.C.A.)(BURHANI COLLEGE OF COMMERCE AND ARTS) Preface The FDI scenario

The various aspects of efforts

Posted by Harshad Deogaonkar 21 May 2012 9416 Views

Shri Samartha Ramdas Swami stated in his verse as Yatna to Dev Janava. It means the efforts are to be conceived as GOD. But we have seen that many of us are doing efforts to get a better life but do you really think that everybody is