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Community & General Articles


Goods And Services Tax

Posted by CA Vivek chaudhary 07 January 2015 32685 Views

Goods and services tax (The major tax reform since independence)• OVERVIEWOF GST:This is one of the major taxation reforms in Indian taxation system.GST is set to integrate all state economies and increase the overall growth of the country.GST wi



How to improve Productivity in F&A Function?

Posted by Tulasi S Sastri 06 January 2015 12293 Views

1. In F&A, normally understood processes are Invoicing, Purchase Accounting, Inventory, Accounts Payable, Fixed Assets, Accounts Receivable, Cash & Bank Operations, Payroll, Taxation, Period end Procedures, and Financial Reporting. 2. Uneven



Happy New Year!!! But is it for the Taxpayer?

Posted by CA Umesh Sharma 06 January 2015 10309 Views

Karniti Part 70 Happy New Year!!! But is it for the Taxpayers??Arjuna (Fictional Character): Krishna, New Year 2015 is celebrated everywhere with joy and enthusiasm. But why is New Year different in Financial and taxation world? What is its



'Wilful default' by the borrowers: Whether needs further stringent norms?

Posted by CS ( Dr.) Rajeev Babel 03 January 2015 13265 Views

1. Introduction: Loans and advances given to borrower becomes non-performing advances (NPA) for a bank, if it ceased to generate income for the bank. This may be for the variety of reasons like, poor credit discipline, Inadequate credit and risk mana



The pioneer myth of CA v/s MBA

Posted by Jitendra Gianchandani 03 January 2015 24275 Views

Comparing a CA and an MBA is like comparing Mahatma Gandhi and Vijay Mallya. Though both are humans but have poles apart persona, one has a dry-as-a-bone lifestyle, while the other has a fluid lifestyle. Excuse me! I am talking about CAs and MBAs.Any



Benefits to be considered for differently abled in upcoming Budget 2015

Posted by CA Chirag Chauhan 30 December 2014 18656 Views

To,Honable Finance Minister- Mr. Arun Jaitley Dear Sir,Subject:-Benefits to be considered for differently abled in upcoming Budget 2015 As per estimates more than eighty million people in India suffer from some or the other form of disabilitie



Management of NPA

Posted by T.R.Radhakrishnan 30 December 2014 20094 Views

IMPORTANCE OF HUMAN RESOURCES. Management of non-performing asset (NPA) is one of the foremost challenges of the banks and financial institutions. Most of the time while finding solutions to this issue, the more important aspect of human resources is



Questions to ask while designing Employee Incentive Schemes

Posted by Tulasi S Sastri 30 December 2014 16435 Views

Performance Incentive Schemes have all along been considered an important tool in the hands of the management, to differentiate between high performers and others, and to suitably reward the former. Where the overall output is dependent on employee g



P.K.'s view on Indian Tax system. Enjoy it!

Posted by CA Umesh Sharma 29 December 2014 39922 Views

KARNITI PART 69 P.K.s view on Indian Tax system. Enjoy it! Arjuna (Fictional Character): Krishna, Aamir Khans recently released movie, P.K., is in Limelight. Tell me, if this cha



Process for PAN application for Resident Indian

Posted by CA Chirag Chauhan 27 December 2014 19410 Views

Permanent Account Number is a number allotted to a person by the Assessing Officer for the purpose of identification. PAN of the new series has 10 alphanumeric characters and is issued in the form of laminated card with photograph PAN enables the dep




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