CAclubindia Articles

Indian Chartered Accountants are emerging as a global force now

Posted by Ravikumar.G 21 September 2007 12341 Views

Technology up gradations opened up a new avenue for chartered accountants in India too. Many companies in USA and UK are looking for hiring professional services from an Indian corporation, as it is proven that Indian can adapt to any system easily a

What's short-selling of shares

Posted by CMA Gul S 21 September 2007 6283 Views

What is short-selling? Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he w

Knowledge Process Outsourcing

Posted by Ravikumar.G 21 September 2007 7119 Views

THIS ARTICLE HAS BEEN PUBLISHED IN THE 'INFORMATION TECHNOLOGY' SPECIAL ISSUE (JUNE 2006) of 'Sanhita' - a monthly magazine for corporate professionals published by the Pune Chapter of WIRC of The Institute of Company Secretaries of India. A CII Repo

Testing Balance Sheet Strength

Posted by CA. Mohammed Yusuf 21 September 2007 8798 Views

Testing Balance Sheet Strength For stock investors, the balance sheet is an important consideration for investing in a company's stock because it is a reflection of what the company owns and owes. The strength of a company's balance sheet can be eval

ESOPS AND ADVANCE TAX PAYMENT

Posted by Ravikumar.G 20 September 2007 6072 Views

The Finance Act, 2007 introduced Fringe Benefit Tax (FBT) on securities or sweat equity shares transferred or allotted by employers under Employee Stock Option Plans. The FBT is to be paid on the Fair Market Value (FMV) of the shares on the date of v

GLOBAL ACCOUNTING?

Posted by Ravikumar.G 20 September 2007 4487 Views

Mohan R. Lavi Accounting, supposedly, speaks the language of business. With business becoming increasingly globalised, it is logical to expect that accounting, too, goes global. The International Accounting Standards Board (IASB) through a combo offe

MORE SERVICE TAX SOPS FOR EXPORTERS

Posted by Ravikumar.G 20 September 2007 5007 Views

There is more relief in store for harried exporters. The list of services on which exporters have been granted exemption from payment of service tax may be expanded. Commission paid to foreign agents - which forms a sizeable chunk of the service tax

'RBI TO LEAVE INTEREST RATES INTACT, MAY HIKE CRR'

Posted by Ravikumar.G 20 September 2007 3270 Views

Unlike US Federal Reserves which cut interest rates by 50 basis points on Tuesday, the Reserve Bank of India is likely to retain the interest rates intact, global financial service provider Merrill Lynch said on Wednesday. The regulator, however, may

DO NOT RUSH INTO CAPITAL ACCOUNT CONVERTIBILITY: RBI

Posted by Ravikumar.G 20 September 2007 3450 Views

The deadline for capital account convertibility could be pushed by another 10 years, going by the views of the Reserve Bank of India (RBI). This is way-off the schedule suggested by the Tarapore Committee on fuller capital account convertibility and

Online money transfer worldwide

Posted by Ravikumar.G 20 September 2007 3950 Views

The fact that online money transfer has simplified our lives largely cannot be denied at all. When online money transfer first came into light, it eliminated the need to make cheques and send it to another part of the world through postal services, c