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Budget 2008-09 in nutshell
1.Income Tax 1.1 Personal Taxes: Increase in exemption limit from Rs.1.10 Lakhs to 1.50 Lakhs for the year 2008-09. Substantial benefit to Individuals. Minimum savings is Rs 4,000 for a year . No Change in the Tax rates. No withdrawal of Cess Cha
"The CFO's first hundred days"
A McKinsey Global SurveyChief financial officers around the world describe their first hundred days on the job as a time when most received guidance, but many had difficulty devoting enough time to their top priorities.New chief financial officers ma
GET BACK TO PROFESSIONAL ETHICS
GET BACK TO PROFESSIONAL ETHICSNEED TO THINK OF PROFESSIONAL ETHICSThe Council of the Institute of Chartered Accountants of India Vs. Rishi K. Gupta(Chartered Accountants case No.1 of 1992) decided on 20-07-2000 by high court of Delhi under Sec. 21(6
MERGER Vs ACQUISITION
Merger: It is a combination of two or more entities.Types :i) Forward merger: The target company receives the acquirer's stock.ii) Reverse merger: The acquirer company receives the target company's stock.iii) Subsidiary merger: An acquirer incorporat
Age not that Matters !.... But Stuff Matters !....
The path he chose was not the beaten one. But the one less travelled.His tryst with the Internet changed his life forever. He setup Globals Inc., an IT services company at the age of 14 in San Jose, California, with the help of a friend. Now at 21, h
China & India: The Power of two
China and India ancient allies and modern competitors are rebuilding economic ties after five decades. Consequently the MNCs face the most challenging and rewarding business landscape ever. The friends turned foes in 1962, decided to fight poverty ra
Improving Working Capital with Effective Dispute Management
Improving Working Capital with Effective Dispute Management Capabilities Background Receivables-related disputes arise when customers either refuse to pay their bills outright or deduct a portion of the invoiced amount from their payment by an amount
Fringe Benefit Tax
Fringe Benefit TaxUp to 01.04.2006, benefits or amenities collectively enjoyed by employees escaped taxation since it was difficult to attribute any quantum of benefit to individual employees. The Finance Act 2005 introduced an additional income tax
Eternal Demand of CAs
Salary Check Demand or Myth ! ? Things always are better for Chartered Accountants (CAs). Over 300 top corporates, including multinationals have begun focusing on campus recruitment offering a 150% jump in starting salaries. CAs command up to Rs 27 l
Secretarial Services Provided by Company Secretaries
Secretarial Services Provided by Company SecretariesA. Company Laws and Securities Related LawsI. Basic ServicesIncorporation of New Company in India / Overseas Joint Venture in India or Outside India and related policies of Govt. of India Liaison an
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