Articles by Satvir Singh

Budget 2014: Impact on numbers that matter the most

Posted by Satvir Singh 11 July 2014 5682 Views

Now, that maiden budget of Modi govt has been presented, one may call it a good budget considering the circumstances or an over-hyped budget that lacked big ideas. Here we will not form any holistic opinion on the budget, rather we will discuss its i

Budget 2014: Numbers that will matter the most

Posted by Satvir Singh 08 July 2014 14823 Views

10th July, 2014 is the day Finance Minister Arun Jaitley will present maiden budget of Modi government. Emphatic election win on the backdrop of massive campaign which promised moon to the citizens means the hopes from new government is very high. Bu

Deposits & Private Companies- Companies Act, 2013

Posted by Satvir Singh 04 July 2014 16374 Views

Loans from shareholders, directors & their relatives has been a major & easy source of finance for many private companies. However, with new Companies Act, 2013 bringing all such loans, except from directors, under the ambit of deposits, all

Independent Auditor & Trustworthy Audit

Posted by Satvir Singh 25 June 2014 9341 Views

Independence is the bedrock of audit profession. Only an independent auditor can expected to be skeptical, objective & unbiased. To strengthen the independence of auditors, new Companies Act, 2013 contains provisions related to Auditor Rotation. Only

Why high inflation is bad for economy?

Posted by Satvir Singh 01 March 2014 17707 Views

Inflation is buzz word these days. Infact it remains a buzz word most of the times. India is currently going through a phase of high inflation, which is why words controlling inflation crop up quite often in Government & RBI policie