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Articles by bheemashankar

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Factors which move forex rates

  bheemashankar    13 September 2008 at 18:15

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

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Posted in Shares & Stock  1 comments |   10590 Views


Bonds under Central Excise

  bheemashankar    08 September 2008 at 13:53

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

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Posted in Excise |   58350 Views


Holding of office or place of profit

  bheemashankar    02 September 2008 at 12:33

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

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Posted in Corporate Law |   9927 Views


INITIAL PUBLIC OFFER

  bheemashankar    02 September 2008 at 12:33

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

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Posted in Shares & Stock  1 comments |   10443 Views


Condition for Levy of Excise duty

  bheemashankar    26 August 2008 at 12:51

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

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Posted in Excise  1 comments |   63855 Views