We had promised lowest VAT rates in the country, that process has been started today Chief Minister Arvind Kejriwal
The Reserve Bank vide its circular DBOD.No.Dir.BC88/13.03.0/2009-10 dated April 9, 2010 introduced the Base Rate system with effect from July 1, 2010, which replaced the Benchmark Prime Lending
A target cost is the allowable amount of cost that can be incurred on a product and still earn the required profit from that product. It is a market driven cost that is computed before a product is produced. Around 80% o
Basic Rates of Taxes remain the same. Surcharge The rates of surcharge applicable for A.Y.2016-17 are as follows -(i) Individual / HUF/ AOP/ BOI/ Artificial juridical person/ Co-operative societies/Local Authorities/Firms/LLPs: Where the total income
Arjuna (Fictional Character): Krishna, Currently the T-20 Cricket World Cup is on. Dhoni's stumping in the India v/s Bangladesh match is all over the news. The Financial Y
If you are already retired, what you really need is a retirement solution. Let�s begin by discussing the uniqueness associated with building a portfolio for retirees.Firstly, the importance of capital preservation gets magnified manifold. The r
Deferred tax When we look out for the meaning for "Deferred�" it means to Postpone or delay. Similarly deferred tax is also liability to pay tax in future that we have postponed and have to reflect in our balance sheet.With coming of finan
The basic principle of any VAT system is that credit of duty or tax paid on the input goods or service can be availed only for payment of duty on final products or output services. As a natural corollary, if no duty/tax is payable on final product or
Introduction:-With the hype created regarding implementation of revolutionary taxation reform, i.e., GST in the financial year 2016-17, the government attempted to mentally prepare the assessees as regards substantial reduction in the exemptions avai
The Process of LearningWhich is the best way to learn the lessons of life?There are two ways to learn the essentials of life. The first is by going through the process of structured training and education. The second is about learning hands on, makin
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