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People don't save in savings accounts
Shailendra Bhandari, managing director and chief executive of ING Vysya Bank Ltd, doesnt want to be a price warrior. He will not raise the savings bank accounts rate till some of the bigger banks do that. The banks that raised rates
How are employee stock options taxed?
A according to a recent newspaper report, the Income Tax Appellate Tribunal had held that employee stock option plans (Esops) are capital assets and that the proceeds from an Esop would be taxable as capital gains. It further stated that Esops wer
Banking on banks
The financial crisis that started in 2007 shrunk the world economy by 6% in two years, doubling unemployment. Its proximate cause was predatory bank lending, so people are naturally angry and want heads and bonuses to roll a sentiment capt
Key functional areas in Banking / Finance / Accounts domain
Commercial Banking: Commercial banking sector is once again booming with job opportunities. Traditionally also there have been more jobs in the commercial banking sector than any other area of the financial services. As commercial banks are in th
What's the rate beyond which inflation hurts growth?
RBI Working Papers: Why Persistent High Inflation Impedes Growth? An Empirical Assessment of Threshold Level of Inflation for India by Sitikanta Pattanaik and G.V. Nadhanael. Inflation Threshold in India: An Empirical Investigation by Deepak Mohan
The Language of Business
Learning accounting is like learning a language. Accounting professionals collect, record, codify and communicate information about a business. It is an old adage, but a truth, that accounting is the language of business. Learning ac
5 tips to ensuring your resume produces top results
A professionally written resume is an important component to any job search. The overall effectiveness of the document however depends on certain variables; such as how/how often the resume is used, the types of marketing/submission strategies, and
Blackberry - Effective Tool for Time Management
BLACKBERRY AS A TOOL I found a marked difference in my life after usage of blackberry for last five years. IN ONE LINE WHAT IS THE BIGGEST DIFFERENCE? YOU CAN CHECK EMAILS IN SMALL SLOTS OR FRACTION OF MINUTES, OF UNPRODUCTIVE TIME DURING THE DAY AN
Spirit Behind IFRS
Q1 What are the primary differences with IFRS? GLOBAL vs LOCAL SUBSTANCE vs FORM GROUP vs STANDALONE ENTITY vs COMPANY PRINCIPLES vs RULES FAIR VALUE vs HISTORICAL COSTS BALANCE-SIIEET vs P and L Q2 What is advantage India in whole process?
Scam Management - Does IFRS brings check over it?
Everybody in India now knows what is scam? But not everybody knows IFRS. Here is an attempt to highlight how IFRS highlights scams. Let us take some examples how following scams IFRS can highlight well in time. Spectrum scam - Spectrum is an intan
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