Popular Articles

Five key issues in FBT guidelines on ESOPs

Posted by Mr. PURNA P 26 October 2007 5589 Views

Five key issues in FBT guidelines on ESOPsThere are at least five niggling problems with the new norms issued for ESOP (employee stock option) valuation, says Mr Vikas Vasal, Executive Director, KPMG. "First, in the case of unlisted companies, no par

Note on Retainership of Consultant

Posted by Dayal 19 October 2007 33209 Views

Note on Service Tax - Retainership of Consultant The retainership is covered by the ambit of service tax and would be covered under the definition of Management consultant. Management consultant as defined under the statute Date of Introduction: 16.1

Seven axioms for investors

Posted by Mr. PURNA P 16 October 2007 6353 Views

For starters, it is a good policy to diversify investments across a few industry sectors to insulate against vagaries of business cycles.Retail investors must understand that the present frenzy on stock markets is largely confined to big companies, a

Sensex from 1k to 19k : History

Posted by Aisha 16 October 2007 7149 Views

1000, July 25, 1990 On July 25, 1990, the Sensex touched the magical four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results. 2000, January 15, 1992 On January 15, 1992, the Sensex crosse

Rising rupee :Two sides of the coin

Posted by Aisha 15 October 2007 4695 Views

--------------------------------------------------------------------------------If we look at the rising rupee as an export burden, itis a problem. If we look at it as a source of cheapimports, it is an opportunity, says P. V. INDIRESAN.-------------

Cross border tax issues- a discussion

Posted by CA Nikita 15 October 2007 6504 Views

Last fortnight, the 61st International Fiscal Association (IFA) Annual Congress was hosted by the IFA's Japan Branch in Kyoto. Attended by over 1,200 tax and fiscal experts, comprising academicians and revenue officers from across 50 countries, IFA C

ICAI decides to introduce new AS

Posted by CA Nikita 15 October 2007 4633 Views

Corporates houses, banks and financial institutions have got just 18 months to begin the changeover to a new set of transparency, inducing accounting standards that will have a major impact on their financial statements. The new norms to classify, va

Applying VAT on international trade

Posted by CA Nikita 15 October 2007 10620 Views

International trade in services has expanded rapidly as a result of globalisation, aided significantly by the revolution in communication technology. This expansion has coincided with the global spread of Value Added Tax (VAT), with some 140 countrie

CA certification vs AO authorisation

Posted by CA Nikita 14 October 2007 6097 Views

India is now an important player in global trade. But the big increases in international transactions also throw up problems on the taxation front. This article looks at the withholding tax implications of cross-border payment for services. In the co

Managing divorce: Its all about alimony honey

Posted by CA Nikita 14 October 2007 7941 Views

Divorce is probably not an easy subject to confront in regular conversations. Writing about it is all the more difficult. But increasingly, many couples are parting ways. While some couples are financially well-off to take care of themselves, others