Community & General Articles

Transparency in Government is the ultimate key to reform

Posted by Nisha Sharma 24 January 2015 10372 Views

“A truly democratic country should be of complete transparency.” Government transparency means placing all financial and public information online in an easy-to-use, readily understandable system. Such a system allows taxpayers to see cle

Suggestions for the Budget 2015-16

Posted by CA Satish Badve 20 January 2015 9734 Views

Suggestions For This Budget: 1. Honor those Who are Ranked in Top: This suggestion is made to give due respect to the citizens of India who comply with the pr

Power of Never giving up made CA

Posted by Krishna Niraula 20 January 2015 19969 Views

I am writing this article especially for those students who felt much low despite their brilliancy and failed to clear this time in CA Final. I am not writing this article being boastful that I passed with good marks this time, but to give an example

Low Crude Price World GDP to slowdown

Posted by Indraneel Sen Gupta 14 January 2015 15461 Views

The world economy is set to slowdown in 2015 followed with extensive pressure on currency across the globe and to end up with asset bubbles going for blow up. Japan has declared that its economy is in recession, China is already under slow growth, Eu

Derivatives

Posted by Jayant Makkar 13 January 2015 26068 Views

A derivative is nothing but a bet. We in our daily lives enter into a derivative contract (place a bet) without even knowing about it, say while watching a cricket match. To make you familiar with one of the derivative contract let me give you an exa

Calculator Trick - Helping in your academics

Posted by Rohit Pandey 12 January 2015 71405 Views

Hi Friends,In CA exams we are allowed to use only a basic calculator and not a scientific one. There are certain problems which we find difficult to solve on calculator. Recently, I came accross a forum message posted by Ms. Nidhi stated as under:Ori

Decreasing crude oil prices but increasing excise duty

Posted by CA Ashutosh Khaitan 08 January 2015 18526 Views

India is one of the largest importers of Crude Oil as it imports roughlyaround 80% of its total requirements. The recent fall of almost 45% in thecrude prices from at its peak of $115/Barrel in June 2014 to $57/Barrel inJanuary 15 has been a blessing

Goods And Services Tax

Posted by CA Vivek chaudhary 07 January 2015 32692 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 12297 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 10311 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