Testing Balance Sheet Strength For stock investors, the balance sheet is an important consideration for investing in a company's stock because it is a reflection of what the company owns and owes. The strength of a company's balance sheet can be eval
The Finance Act, 2007 introduced Fringe Benefit Tax (FBT) on securities or sweat equity shares transferred or allotted by employers under Employee Stock Option Plans. The FBT is to be paid on the Fair Market Value (FMV) of the shares on the date of v
Mohan R. Lavi Accounting, supposedly, speaks the language of business. With business becoming increasingly globalised, it is logical to expect that accounting, too, goes global. The International Accounting Standards Board (IASB) through a combo offe
There is more relief in store for harried exporters. The list of services on which exporters have been granted exemption from payment of service tax may be expanded. Commission paid to foreign agents - which forms a sizeable chunk of the service tax
Unlike US Federal Reserves which cut interest rates by 50 basis points on Tuesday, the Reserve Bank of India is likely to retain the interest rates intact, global financial service provider Merrill Lynch said on Wednesday. The regulator, however, may
The deadline for capital account convertibility could be pushed by another 10 years, going by the views of the Reserve Bank of India (RBI). This is way-off the schedule suggested by the Tarapore Committee on fuller capital account convertibility and
The fact that online money transfer has simplified our lives largely cannot be denied at all. When online money transfer first came into light, it eliminated the need to make cheques and send it to another part of the world through postal services, c
For a trader, forex is perhaps the best place to start a trading career. And why not? Forex with all its flexibilities has proved to be the largest trading market in the world having an average daily trade of US$ 2 trillion and above. A trader with a
We are playing leading roles in country development through ICAI,whichmembers have seen very diversified areas of roles played by C.A. andExpectations of society from C.A.Rights from Manual accounts writing to the Real Time accounting systemsmembers
Market Capitalisation of single chinese state bank is greater than all banks of India(i.e Nationalised +private & all sundry co-operatives),Gone are the days when Indian Banks survived with illetimate means of recovery,traditional products associ
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)