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Key Budget Highlights

Posted by CA Nitesh Kumar More 18 February 2014 28881 Views

Taxation -No changes proposed in the tax laws-Excise duty on consumer durables and capital goods cut from 12% to 10%-Rice transport and process exempted from service tax-Reduction in excise duty for auto sector-Excise duty reduced for small cars from



Key Features of Budget 2014-2015

Posted by Guest 17 February 2014 37969 Views

THE CURRENT ECONOMIC SITUATION AND THE CHALLENGES The state of world economy has been the most decisive factor affecting the fortunes of every developing country. The world economy has been witnessing a sliding trend in growth, from 3.9



Credit Linked Subsidy Programme

Posted by CA Bhavik Mehta 14 February 2014 13391 Views

PRIME MINISTERS EMPLOYMENT GENERATION PROGRAMME (PMEGP) The Prime Ministers Employment Generation Programme (PMEGP) is the result of the merger of two schemes - Prime Ministers Rojgar Yojana (PMRY)



Are we Financially Literate?

Posted by Umesh Rijal 13 February 2014 12541 Views

Are we Financially Literate?Whenever the term money comes towards us we started to ponder and swagger our rationalism, but we are not sure that are we really literate about money or not



Nostro, Vostro and Loro Accounts in Foreign Transaction

Posted by CS M Pota 12 February 2014 398840 Views

Foreign currency means any other currency other than the home currency, so if we say with reference to the above example foreign currency means any other currency other than Rupee for India, Pound Sterling for UK and US Dollar for USA.



Letter of Credit / Documentary Credit

Posted by CS M Pota 08 February 2014 62543 Views

Letter of Credit/Documentary Credit Letter of Credit/Documentary Credit is a one of the method of payment through which payment in theinternational as well as domestic market is effected for the goods purchased or service provided. Though there is a



High Time Bureaucracy is replaced with professionals

Posted by CA Anil Garg 05 February 2014 11790 Views

India is a rich country inhabited by poor. India is rich because it is blessed with massive natural resources. For instance: We are the 7th largest country in the world We have 8129 kms long coastline giving us massive sea resources (fish, off-shore



How to survive from market crashes without any negative impact

Posted by Ramalingam K 04 February 2014 13144 Views

Whenever the words recession, market downfall, global economic crisis come in picture, I think about Mr.Rudy Giuliani, the mayor of New York, when the twin towers were hit on sep 11th, 2001. He was put under



All you need to know about Quantitative Easing and Tapering

Posted by CA Surbhi Singhal 03 February 2014 14006 Views

In the recent times, Quantitative Easing policy of the US Federal Reserve has gained a lot of attention from businesses, investors and stock markets the world over. This has generated curiosity in the minds of many as to what it actually



Inflation - Can it be Controlled?

Posted by Guest 03 February 2014 12836 Views

Introduction: It must have come to your notice, that all Central Banks throughout the globe, meaning Central Bank situate in every country, seem to be fixated with the notion of controlling the rate of inflation. They seem to be taking all steps with




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