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Articles by Garima

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FAQ on Forward Contract (Regulation) Amendment2008

  Garima    17 February 2008 at 13:08

FAQS ON THE FORWARD CONTRACTS (REGULATION) AMENDMENT ORDINANCE 2008 AND THE POLICY FOR FDI/FII IN COMMODITY EXCHANGES?. What is the legal framework to regulate the commodity futures market? ü The Forward Contracts (Regulation) Act, 1952 (FC(R)

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Posted in Others |   8943 Views


  Garima    15 February 2008 at 14:27

Public Provident Fund The Public Provident Fund Scheme is a statutory scheme of the Central Government of India. The Scheme is for 15 years. The rate of interest is 8% compounded annually. The minimum deposit is 500/- and maximum is Rs. 70,000/- in a

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Posted in Students  2 comments |   13968 Views


  Garima    05 February 2008 at 15:58

FAQS ON DIGITAL SIGNATURE 1. What is a Digital Signature Certificate? Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Examples of phy

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Posted in Students |   6924 Views


  Garima    30 January 2008 at 17:24

What is TAN?Ans. TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in all TDS/TCS returns

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Posted in Students |   16323 Views


  Garima    23 January 2008 at 13:14

F. A. Qs on Service TaxQ.1) What is Service Tax ? Ans. The Service Tax is an indirect tax levied on certain services provided by certain categories of persons/firms/agencies. Service Sector which had represented nearly 35-40% of GPD had remained unta

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Posted in Service Tax |   9822 Views


  Garima    14 January 2008 at 01:53

Some tips before you file I-T...lest you miss out Whether you file it through the e-mode or the qmode, rush hour filing may mean that you could inadvertently miss out on certain details & disclosures . The new return formats do not require f

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Posted in Income Tax |   5454 Views


  Garima    12 January 2008 at 11:33

FREEDOM ELASTICIZED FOR ACCOUNTING PROFESSIONALS & CORPORATESMr Prem Chand Gupta, the Corporate Affairs Minister, on Thursday committed to provide more freedom to Corporates and Accountancy Professionals under a self-regulatory regime with minimu

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Posted in Others |   3180 Views

Use of MS-Excel for Financial Analysis/Audit

  Garima    03 January 2008 at 11:56

Introduction Almost all accountants use MS-Excel today. However, the use is rather simple and that of a glorified typing machine, in most cases. Excel is typically used to generate Trial Balance/ P&L/ BS. Many accountants/ auditors use MS-Excel

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Posted in Students  1 comments |   14769 Views

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