CAclubindia Articles
Will this budget be really an "aam admi" budget?
I really need to question few things here?? What was the motto- To simplify taxing system or to collect revenue by different names for the government? We have the same Congress government which got different kind of weird named and all very complicat
IAS 18 -- Revenue Recognition
The article makes an effort to understand basic concepts of “Revenue recognition” as stated by IAS 18 in a question and answer mode. IAS 18 -- Revenue Recognition What is “Revenue” ?Revenue is the gross inflow of economic be
Pre-Budget Interview
Interview with Mr. CA Sudhir Halakhandi CA Sudhir Halakhandi in an Exclusive Talk with CA Nikita Jain for CAclubindia.com CA Sudhir Halakhandi having more than 500 Tax Articles to his credit in almost all the top tax journals of the country covering
Know your Budget
The presentation of the Union Budget is an annual event that is looked forward to by people from all strata of society ranging from corporate honchos, housewives, students, the working class and even vegetable sellers. The Budget is also known as th
Procedure for Passing Money and Financial Bills
Procedure for Passing Money and Financial Bills FINANCIAL PROCEDUREThe Constitution divides financial legislation into two categories viz., Money Bills and Financial Bills. Money BillsA Money Bill is a Bill which contains only provisions dealing
Co-Relating Economics and Law
Co-Relating Economics and LawMonika Bhardwaj, B.Com (Hons.), ACSAnand Wadadekar, M.A Economics, MBA This article makes an attempt of co-relating or linking Economics and Law – an out of the world unestablished & rare combination/concept as
Few important things for good trading
We were a closed economy till 1990 when we had to face a serious balance of payments crisis and we had to embrace liberalisation. We had a drastic shift in our trade policy in 1990 when P.V.Narasimha Rao was Priminister. We have seen tremendo
A Glance at Equity & Investment
A Glance at Equity & InvestmentBy Manish Kumar Maheshwari Ownership interest in a corporation in the form of common stock or preferred stock. It also refers to total assets minus total liabilities, in which case it is also referred to as shareho
Railway Budget 2009-10: No major surprises
The Railway Minister Ms. Mamta Banerjee presented the railway budget today. The budget has left passenger fare and freight rates unchanged. It talks about world class facilities and modernization of few of the railway stations besides safety and sec
Irritants in Taxation
Irritants in Taxation: ---------------------------There are many inputs being given by trade and industry as well as by the experts on income tax for consideration of the finance minister. The major consultancy firms have recently published their c
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