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Preparation of Cash Flow Statement - Part II
Hi, friends! In continuation to my first part Preparation of Cash Flow Statement; Im writing this article to make it easier to prepare the cash flow statement. The second part explains the preparation of working notes. First we are going to s
Incorporation of Company, the Companies Bill, 2011
THE COMPANIES BILL, 2011 Let us understand about Incorporation of Company May we divide this section into following three areas? Action from the Company Action from the Registrar Action from the Tribunal Before going in
Falling Rupee, Falling Markets - Opportunity for NRIs!
"I told you not to invest in India. Look whats happening there" said Anvesh, a 35 year old NRI IT professional, to his colleague Niraj. Rupee has slid so much against the dollar. The markets have fallen so much. The GDP
New Service Tax Regime on Negative List -1st July, 2012
New Service Tax Regime on Negative List applicable from 1st July 2012 The Central Government vide Notification No. 19/2012-ST dated 05.06.2012 has announced Date of Introduction of new regime of most awaited Negative List a
Savings Rate - An illusion
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
The Fiscal Deficit - Is it really that bad
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
Excise Duty & Customs Duty Exemptions for Supplies
Excise Duty & Customs Duty Exemptions for Supplies made to Mega Power Project. That all the equipment supplied for the setting up the mega power projects enjoys both customs and excise duty exemptions.
Overview of Compounding of Offences under the Service Tax
The Central Government by exercising the power conferred by clause (i) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) has made the Service Tax (Compounding of Offen
Booking Losses at the Right Time
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
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
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