1st APRIL 2016 - NOT A REALISTIC DATE OF INTRODUCTION OF GST The concept of “Goods and Service Tax in India” was first introduced by Mr. P. Chidambaram in his Budget speech of 2006 and at that time the date of introduction of GST was decl
Bar Code Systems for transaction capture in Manufacturing – Opportunity to save on data entry efforts and making it error free. Familiar scene to all of us at medical shops is employing bar code readers by chemists to invoice sale of medicines.
Sometimes it may seem that your business eats up all your time. Your entire life seem to revolve around it and you start to wish you had more time for your family, more time for your other goals, and more time for your passion, whatever that may be.
BackgroundControl Self-Assessment (CSA) is a technique that was originally developed by Gulf Canada in 1987. In March 2000, the European Commission approved a white paper on CSA. In the United States when the Sarbanes-Oxley Act was implemented in 200
Hello friends!!! greetings of the day. Writing an article after a long time.In this article an attempt has been made to highlight the pros & cones with respect to allowance of bad debts under the I.T Act.Bad debts[Sec 36(1)(vii)-Allowed as deduc
Ind AS 7 and existing AS 3The objective of IND AS 7 is to require the provision of information about the historical changes in cash and cash equivalents of an entity by means of a statement of cash flows which classifies cash flows during the
What is GST GST is a destination based tax levied on supply of goods and services Proposed Dual GST in India is to be levied concurrently by states and cent
A note on the ER4, ER-5, ER-6, and ER-7 returnsIntroductionER-4, ER-5, ER-6 and ER-7 returns are to be filed by the assessee in addition to the ER-1/ER-3 which is regularly filed by the assessee registered under the Central Excise. However ER-4, ER-5
A recent headline in a financial daily “Zuck slams Cook: If you cared, your products would be cheaper”. This statement may sound mean, but can mean that no entrepreneur should play the role of a modern day Robin hood. The entrepreneur sho
The Indian equity markets are currently in the all time high zone and are aggressively discounting every bad news across any part of the economy. Investors are also very confident regarding the investments in these market conditions. I am not going t
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English