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Money Markets
Today,Global economy is lacking of short term funds & many companies are struggling to procure short term capital. Short term capital is very important as day to day worki
What the New KYC Norms Mean for Your Mutual Fund Investment
Hello Everyone,After a long time I'm back to CCI.All mutual fund investors, whether new or existing, will have to provide additional Know Your Customer (KYC) details to their fund houses.Here is a 10-point cheat-sheet:1) In September this year, t
Set your goals and make them happen
Having goals for things we want to do and working towards them is an important part of being human. If we want to succeed, we should set goals effectively. Goal setting endows us a yardstick for deciding whether we are really prospering. It helps us
Audit Methodology - School (Trust)
Income and Expenditure Account: Income
How to choose the right mutual fund option?
Everyone has some or the other kind of financial goals, no matter how big or small these might be, which they want to accomplish. Mutual Funds, here may seem an easily achievable investment option to go for;however one may still be perturbed about ch
GST- Proposed Input tax credit methodology
GST- Proposed Input tax credit methodology Goods & Service tax (GST), the mile stone tax reform since independence of India is on its way to implementation journey and proposed GST bill is under discussion everywhere. This is very crucial stage t
Some relief to auditors, from hanging penalty sword of Rs 25,00,000
26th March 14- Sec 143(12) of Company Act 2013 was notified, which created obligation on auditors to report certain frauds to Central Government (Secretary MCA)As it is a law, materiality limit is not applicable unless specified. So auditor has to re
Chartered Accountants Examinations- An Overview
1. CA EXAMINATIONS � AN OVERVIEW1.1 Chartered Accountants examinations are held as per the provisions of the Chartered Accountants Regulations, 1988, framed under Chartered Accountants Act, 1949.1.2 Affairs relating to Chartered Accountancy exa
Section 44AD of Income Tax Act - a Boon or Harm to the Country
The history of accounting is thousands of years old and can be traced to ancient civilizations. The early deve
How NRIs can make use of Recurring Deposits?
For NRIs looking forward to make huge savings with small monthly investments, the Recurring Deposits seems to be an excellent option. A recurring deposit account is one that enables the depositor to save by paying an agreed fixed monthly sum for a re
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