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Articles by CA Chiranjiv Kumar

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Wish List for Budget 2016

Posted by CA Chiranjiv Kumar 25 January 2016 29734 Views

Revamping FRBM � Fiscal Responsibility and Budget Management (FRBM) Act 2003 was meant to bring deficit under control. But it is now flawed because it allows no flexibility in fiscal deficit target. It should be revamped. Rationale behind the f



96 Days' Syllabus Coverage Schedule for CA-Final Students

Posted by CA Chiranjiv Kumar 25 January 2016 68892 Views

Only 3 months are left for CA exams. This schedule is made keeping in mind the syllabus of CA Finals.Important points common to all subjects � Do the RTP of current attempt + previous attempt. Do the suggested answers of current attempt + previ



This is how I cleared CA G-II in 4 months

Posted by CA Chiranjiv Kumar 18 January 2016 80193 Views

This is absolutely unbelievable. I can consider this the best achievement I have. I want to share with you a little about my journey. You can also read Passed CA G-1 in 2.5 months I overhauled myself, my schedule, my priorities and everything. After



Union Budget 2015-16 - Explanation,Analysis and Deficiencies

Posted by CA Chiranjiv Kumar 28 February 2015 23772 Views

BUDGET 2015-16 AND ITS ANALYSIS CPI Inflation 11.2% in Nov. 2012 5.1% Currently Current Account Deficit (CAD) 4.6% GDP (1st quarter of 2013-14) 1.3% of GDP expected Fiscal Deficit 4.5% of GDP in 2013-14 4.1% of GDP expect



What Union Budget of India 2015-16 should include?

Posted by CA Chiranjiv Kumar 23 February 2015 7814 Views

Finance minister Arun Jaitley will present Union budget of India for 2015-16 on 28th February. Now there are some points which should be included in it. Infrastructure Projects - There are nearly 5 lakh crores worth of infrastructure projects which a



Rupee Depreciation - 8 Practical Reasons

Posted by CA Chiranjiv Kumar 11 December 2013 36331 Views

Rupee had fallen an all-time low on 28th August 2013 at 68.85 and now it is appreciating and currently standing at 61.13 as on 10th December 2013. Underlining principle is demand and supply which we all know but let me get to the real situation to ex



Financial Ratios - Practical Aspects

Posted by CA Chiranjiv Kumar 05 December 2013 51199 Views

As we all know, financial ratios are used to analyze the financial performance of a company. For this purpose many types of ratios are used like liquidity ratio which tells us the ability of a company to pay back its short term obligations and Debt r



Foreign Exchange - Practical Aspects

Posted by CA Chiranjiv Kumar 29 November 2013 28926 Views

Forex market is open 24 hours a day, 5 and a half days a week when currencies are traded worldwide electronically over the counter. This is called foreign exchange market.What are the ways of trading forex?1. Spot market: Where one party delivers an



Dealing in Bonds - Practical Aspects

Posted by CA Chiranjiv Kumar 26 November 2013 25578 Views

What are bonds?Bond is a debt security in which the holder is paid interest at regular interval till maturity and the principal amount at the same date. You can think it as an IOU (I Owe You) given by the issuer to the lender.How interest is paid?Gen



Right Issue - Practical Aspects

Posted by CA Chiranjiv Kumar 23 November 2013 24472 Views

What will be the effect on issue of right shares? Why it is not issued in market directly? Will the shareholders be at any profit/loss? Let us move by defining it and the case onwards.What is right issue of shares?Right shares are simply the shares i




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