Typically, taxpayers tend to focus on ways of reducing only their own tax burden. This is a normal thing to do, but far greater tax savings are possible when the family as a whole is considered as a tax paying unit.By combining the leeway offered by
The remuneration of a promoter, may be paid in cash or partly in cash and partly in shares and debentures f the company.But in the absence of an agreement with the company after its incorporation a promoter can not file a suit in a court of law for t
FBT - Amendments during initial phase of FBT about estimation of value of Fringe Benefits can be considered applicable since inception of FBT. A point of view.Summary:Provisions relating to FBT are new. FBT is levied on estimated value of fringe and
“CA is Conquer Again” “CA is Conquer Again and not Come Again.” These were the words of Mr.T.N.Manoharan when he inaugurated the Institute of Chartered Accountants of India in my hometown, Tuticorin. From that day those two
Inflation Adjustments[Submitted by SUMAT SINGHAL CA(PCC) INDORE]It is a well known fact that inflation causes all the factors of the economy to change. Some of the important factors to get affected include investment, stocks, mortgage, unemployment
A career as Information Systems AuditorThe roles of IS Auditor and Information Security Auditor are becoming very significant. So CISA certification definitely opens up doors to many opportunities. by Avinash KadamWe are familiar with the term audit
A SINGLE CURRENCY FOR ASIA: IS IT TIME?ROBERTO F. DE OCAMPOFormer Secretary of Finance, PhilippinesandPresident, Asian Institute of ManagementGiven at the ADB Seminar: “A Single Currency for East Asia –Lessons from Europe”37th ADB
Hedge Fund IndustryIn 2005, Absolute Return magazine found there were 196 hedge funds with $1 billion or more in assets, with a combined $743 billion under management - the vast majority of the industry's estimated $1 trillion in assets. However, ac
Options are financial instruments that convey the right, but not the obligation, to engage in a future transaction on some underlying security, or in a futures contract. In other words, the holder does not have to exercise this right, unlike a forwa
TAXABILITY OF FARM HOUSE - Ankur Luhadia U nder wealth – tax , before taxing any person, it must be shown that the person sought