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Travel Cost Planning in Vacation Month

  CMA Jitendra Singh    29 September 2008 at 13:25

LOW COST TRAVELING Making your vacation dreams to become’ affordable, does not mean that you have get a loan or put a second mortgage on your home or go into additional financial debt. The key is to do exactly what you are doing now research.



Credit Derivative

  Shyam Murarka    26 September 2008 at 16:15

In finance, a credit derivative is a "financial instrument or derivative whose price and value derives from the creditworthiness of the obligations of a third party, which is isolated and traded."[1] Credit default products are the most c



Delay in Refund/ Rebate - Service Tax

  Madhukar N Hiregange    26 September 2008 at 10:01

Delays in Refunds/ Rebates - Exporter of Services The basic principle in exports is that the taxes should not be exported. It is presumed that the Commerce Ministry as well as the Finance Ministry are in agreement on this aspect at least. In 2004 t



GTA- Service Tax - Issues

  Madhukar N Hiregange    25 September 2008 at 14:23

Vexatious Issues under Service Tax - Goods Transport Agency Madhukar N Hiregange FCA, DISA(ICAI) SYNOPSIS The service tax on the goods transport agency was imposed w.e.f. 1.1.2005. This was after a committee went into the dif



Wall Street - The fall of the wall.

  Aravind    24 September 2008 at 12:28

The US once more became the lender of last resort for its banks and industries battered by the subprime crisis, extending a $85 billion bridge loan to global insurer AIG. Immediate danger averted, the American banking system is now in unchar



Expenditure on website development

  sudha    23 September 2008 at 14:54

Expenses on Development of Website : Capital or Revenue in nature Expenses on Development may be treated as Revenue Expenditure. Enduring benefit is not the only criteria for determining whether the expenditure is of capital or revenue nature. The r



AS 26 Accounting for Intangibles : A review with respect to Patents and Trademarks

  sudha    22 September 2008 at 13:14

AS 26 Accounting for Intangibles : A review with respect to Patents and TrademarksMore often brands created are not recognized in the Balance Sheet. Companies invest huge amounts in advertisement and sales promotion which were earlier treated as def



CREDIT OF RESIDENCE LANDLINE, MOBILE ALLOWED

  MONISH BHALLA    20 September 2008 at 15:29

Change is inevitable and so are the clarifications and statements issued by the Ministry of Finance, which at times change more colours than a chameleon. In 2003, the Central Board of Excise and Customs, vide its Circular No. 59/8/2003-S.T., dated 2



SEZ OVERRIDES SERVICE TAX

  MONISH BHALLA    20 September 2008 at 15:21

The Central Government has been always known for the internal inconsistency between the Commerce and Finance Ministry. Both the Ministries have their own agendas and conflict of interest which is the root cause for all such Ambiguities. The Ministry



CURRENCY FUTURE: A Step into Future

  PRADEEP MODI    16 September 2008 at 12:57

CURRENCY FUTURE: A Step into FutureBy Preeti Modi, B.Com. ICWA, ACA.E-mail : preetimodi_ca@yahoo.co.inIt was very proud day on 29th August, 2008 for NSE (National Stock Exchange) when Finance Minister inauguratesa new financial services product - Cu