In finance, a credit derivative is a "financial instrument or derivative whose price and value derives from the creditworthiness of the obligations of a third party, which is isolated and traded."[1] Credit default products are the most c
Delays in Refunds/ Rebates - Exporter of Services The basic principle in exports is that the taxes should not be exported. It is presumed that the Commerce Ministry as well as the Finance Ministry are in agreement on this aspect at least. In 2004 t
Vexatious Issues under Service Tax - Goods Transport Agency Madhukar N Hiregange FCA, DISA(ICAI) SYNOPSIS The service tax on the goods transport agency was imposed w.e.f. 1.1.2005. This was after a committee went into the dif
The US once more became the lender of last resort for its banks and industries battered by the subprime crisis, extending a $85 billion bridge loan to global insurer AIG. Immediate danger averted, the American banking system is now in unchar
Expenses on Development of Website : Capital or Revenue in nature Expenses on Development may be treated as Revenue Expenditure. Enduring benefit is not the only criteria for determining whether the expenditure is of capital or revenue nature. The r
AS 26 Accounting for Intangibles : A review with respect to Patents and TrademarksMore often brands created are not recognized in the Balance Sheet. Companies invest huge amounts in advertisement and sales promotion which were earlier treated as def
Change is inevitable and so are the clarifications and statements issued by the Ministry of Finance, which at times change more colours than a chameleon. In 2003, the Central Board of Excise and Customs, vide its Circular No. 59/8/2003-S.T., dated 2
The Central Government has been always known for the internal inconsistency between the Commerce and Finance Ministry. Both the Ministries have their own agendas and conflict of interest which is the root cause for all such Ambiguities. The Ministry
CURRENCY FUTURE: A Step into FutureBy Preeti Modi, B.Com. ICWA, ACA.E-mail : preetimodi_ca@yahoo.co.inIt was very proud day on 29th August, 2008 for NSE (National Stock Exchange) when Finance Minister inauguratesa new financial services product - Cu
Dear Friends , In this post we discuss various aspects of the tax due of arrears received /allowed to the Govt employees in light of Income tax rulesArrears to be given on the basis of sixth pay commission Report As per sixth pay commission the rep
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
CAclubindia
