In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways available for Company to avail such benefits. So for that, Pri
When an enterprise engages in an audit process, it must have access to data from numerous systems and sources. This data will play a crucial role in gathering facts, analyzing processes, getting to the heart of issues and problems, uncovering and mit
Taxability, Negative list & Exemptions in Service Tax Charge of Service Tax: On All service unless specified in Negative list or Exempt.Not a service - So Not taxable: (i) Sale, Gift(ii) Deemed Sale (Article 366 of the Constitution)(iii) Transact
In today's world Chartered Accountants find the easy way out to grab a job in industry with good package and ensure a secured future. The appetites to take risk of CA�s have gone down tremendously in recent past. The ratio of CA in practi
What are Auditing Standards?The Standards on Auditing is an area which requires greater focus of CA in practice as well as our administrative bodies who are updating our members. The Companies Act 2013 has discussed it in detail which was absent in e
In last 15 years, Indian Banks have tasted huge jump in non- performing assets. This has grown with the growth in advances which is quite convincing. Currently, NPA are more than Rs. 5.00 Lac Crs. or about 75 billion USD. Actual figures of NPA and s
A company is an association formed by people, whether living or artificial, with a motive to earn profit. It is a legal entity which has the power to ask money from outsiders in the form of shares, may it be privately owned or public. An existing com
Among the busiest of professionals, doctors have little time to learn about the latest tax law. Tax planning is often neglected in the crush of other obligations. Being India�s Top 10s income earners, they have need to give more attention to th
It is well known and settled fact that restaurant bill includes both component Goods and Service. And since service component is there central government is levying service tax on discounted rate means on 40% value of entire bi
Start-up is term which is quite in news for last few months. Let us look into few analysis of the term. Background:So, it the term and concept new to the world? No, it is as old as history of the mankind itself. The feature was always prominent withi
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