Articles by bheemashankar

Factors which move forex rates

Posted by bheemashankar 13 September 2008 10896 Views

Factors which move forex rates Foreign exchange rates are extremely volatile and it is incumbent on those involved with foreign exchange - either as a purchaser, seller, speculator or institution - to know what causes rates to move. Actually, there

Bonds under Central Excise

Posted by bheemashankar 08 September 2008 62124 Views

Bonds under Central ExciseThe word ‘bond’ is used quite often in excise and customs e.g. manufacture under bond, clearance under bond, export under bond etc. ‘Bond’ means an undertaking given by the assessee to Government for

Holding of office or place of profit

Posted by bheemashankar 02 September 2008 10169 Views

Holding of office or place of profit 1) For an ordinary director: - 314 will not apply for payment of-sitting fees,-expenses reimbursement for attending board meeting- 1%, 3% commission of profit, since they are paid in capacity of director 2) Fo

INITIAL PUBLIC OFFER

Posted by bheemashankar 02 September 2008 10871 Views

INITIAL PUBLIC OFFER Initial Public Offering (IPO) is when an unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first

Condition for Levy of Excise duty

Posted by bheemashankar 26 August 2008 80710 Views

Condition for Levy of Excise Duty 1) There must be goods.2) The goods must be excisable.3) Excisable goods must be manufactured or produced in India. Goods The Central Excise Act 1944 does not define goo