Community & General Articles

DOING BUSINESS IN INDIA STILL TOUGH

Posted by Ravikumar.G 27 September 2007 4595 Views

First the good news. In the Doing Business report 2008, which is brought out annually by the World Bank and International Finance Corporation (IFC), India has climbed 12 ranks, which makes it the fastest-reforming economy in south Asia. Its speed of

Treasury Management

Posted by Ravikumar.G 27 September 2007 10481 Views

TREASURY MANAGEMENT :Treasury Management refers to efficient management of liquidity and financial fisk in business.The responsibilities of Treasury Management include :a) Management of cash, while obtaining the optimum return from surplus funds.b) M

FEMA update and analysis

Posted by CA Nikita 26 September 2007 10968 Views

FEMA - Update and Analysis In this update, we have discussed some of the recent important amendments under FEMA:-Overseas Investment by Venture Capital Funds (VCFs) It is clarified that Domestic Venture Capital Funds registered with SEBI, have been p

MERITS OF ADOPTING GLOBAL ACCOUNTING SYSTEM IN CORE SECTOR

Posted by Ravikumar.G 26 September 2007 6611 Views

Earlier, in most countries, while public sector operators were responsible for construction, operation and maintenance of infrastructure, including toll highways, toll bridges, power plants, water supply plants, airports, sea ports, etc, such infrast

Cheque dishonoured .. wat to do??

Posted by CA Nikita 25 September 2007 6822 Views

DISHONOUR OF CHEQUE- What to Do Q1. What can I do when a cheque is dishonoured for the reason of insufficient funds. What legal action I can take to get the amount cleared?A. On the dishonour of a cheque, one can file a suit for recovery of the chequ

GLOBAL ACCOUNTING?

Posted by Ravikumar.G 20 September 2007 4506 Views

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

'RBI TO LEAVE INTEREST RATES INTACT, MAY HIKE CRR'

Posted by Ravikumar.G 20 September 2007 3279 Views

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

DO NOT RUSH INTO CAPITAL ACCOUNT CONVERTIBILITY: RBI

Posted by Ravikumar.G 20 September 2007 3451 Views

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

Online money transfer worldwide

Posted by Ravikumar.G 20 September 2007 3954 Views

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

Structure Innovative Banking Products.

Posted by Prakash Popat 20 September 2007 7534 Views

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