Articles by sai are

Budget 2008-09 in nutshell

Posted by sai are 01 March 2008 7383 Views

1.Income Tax 1.1 Personal Taxes: Increase in exemption limit from Rs.1.10 Lakhs to 1.50 Lakhs for the year 2008-09. Substantial benefit to Individuals. Minimum savings is Rs 4,000 for a year . No Change in the Tax rates. No withdrawal of Cess Cha

"The CFO's first hundred days"

Posted by sai are 29 February 2008 11644 Views

A McKinsey Global SurveyChief financial officers around the world describe their first hundred days on the job as a time when most received guidance, but many had difficulty devoting enough time to their top priorities.New chief financial officers ma

GET BACK TO PROFESSIONAL ETHICS

Posted by sai are 29 February 2008 6004 Views

GET BACK TO PROFESSIONAL ETHICSNEED TO THINK OF PROFESSIONAL ETHICSThe Council of the Institute of Chartered Accountants of India Vs. Rishi K. Gupta(Chartered Accountants case No.1 of 1992) decided on 20-07-2000 by high court of Delhi under Sec. 21(6

MERGER Vs ACQUISITION

Posted by sai are 25 February 2008 13841 Views

Merger: It is a combination of two or more entities.Types :i) Forward merger: The target company receives the acquirer's stock.ii) Reverse merger: The acquirer company receives the target company's stock.iii) Subsidiary merger: An acquirer incorporat

Age not that Matters !.... But Stuff Matters !....

Posted by sai are 25 February 2008 5641 Views

The path he chose was not the beaten one. But the one less travelled.His tryst with the Internet changed his life forever. He setup Globals Inc., an IT services company at the age of 14 in San Jose, California, with the help of a friend. Now at 21, h

China & India: The Power of two

Posted by sai are 25 February 2008 9700 Views

China and India ancient allies and modern competitors are rebuilding economic ties after five decades. Consequently the MNCs face the most challenging and rewarding business landscape ever. The friends turned foes in 1962, decided to fight poverty ra

Improving Working Capital with Effective Dispute Management

Posted by sai are 22 February 2008 4793 Views

Improving Working Capital with Effective Dispute Management Capabilities Background Receivables-related disputes arise when customers either refuse to pay their bills outright or deduct a portion of the invoiced amount from their payment by an amount

Fringe Benefit Tax

Posted by sai are 22 February 2008 6759 Views

Fringe Benefit TaxUp to 01.04.2006, benefits or amenities collectively enjoyed by employees escaped taxation since it was difficult to attribute any quantum of benefit to individual employees. The Finance Act 2005 introduced an additional income tax

Eternal Demand of CAs

Posted by sai are 22 February 2008 17222 Views

Salary Check Demand or Myth ! ? Things always are better for Chartered Accountants (CAs). Over 300 top corporates, including multinationals have begun focusing on campus recruitment offering a 150% jump in starting salaries. CAs command up to Rs 27 l

Secretarial Services Provided by Company Secretaries

Posted by sai are 22 February 2008 21365 Views

Secretarial Services Provided by Company SecretariesA. Company Laws and Securities Related LawsI. Basic ServicesIncorporation of New Company in India / Overseas Joint Venture in India or Outside India and related policies of Govt. of India Liaison an