A resident individual wishes to remit USD 25,000 to a company in Russia for acquiring 33 percent stake in that foreign company. Foreign company is in the business of consulting. 1. Can individual use liberalised scheme of RBI upto USD 200,000 to invest in the foreign company 2. In case liberalised scheme can not be used, under what provisions of FEMA can the resident individual buy this stake in foreign company. 3. Would the position be different incase individual is also appointed as director in the foreign company. Please clarify

Is grautity is the part of the CTC ?

Can any one tell me the difference between EX-factory and FOR price ?

Thx in advance:

Dear Sir,

The government has recently raised the Public Provident Fund limit to 100000 Rs.

I am having one account in my name and the other account in my minor daughters name.

Please advise how much maximum can I invest in both accounts?

Upper limit of one lakh Rs is for my account and my minor daughters account clubbed together?

Or I can invest one lakh rupees per year in each accounts?

Thanks in advance

Rajesh

I have a query whether along with the audited results for the financial year are we required to submit the audit report as the clause 41 I c states other than the last quarter.

Please give your views on this asap. The clause is reproduced hereunder:

41. The company agrees to comply with the following provisions:
I) Preparation and Submission of Financial Results
a. The financial results filed and published in compliance with this clause shall be prepared on the basis of accrual accounting policy and in accordance with uniform accounting practices adopted for all the periods.
b. The company shall submit its quarterly, year to date and annual financial results to the stock exchange in the manner prescribed in this clause.
c. The company has an option either to submit audited or unaudited quarterly and year to date financial results to the stock exchange within forty-five days of end of each quarter (other than the last quarter), subject to the following:
i In case the company opts to submit unaudited financial results, they shall be subjected to limited review by the statutory auditors of the issuer (or in case of public sector undertakings, by any practicing Chartered Accountant) and such limited reviewed results (financial results accompanied by the limited review report) shall be submitted within forty-five days from the end of the quarter.
ii In case the company opts to submit audited financial results, they shall be accompanied by the audit report.
d. The company shall submit audited financial results for the entire financial year, within sixty days of the end of the financial year. The company shall also submit the audited financial results in respect of the last quarter alongwith the results for the entire financial year, with a note that the figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.

I HAVE JOIN NEW COMPANY .IN THIS COMPANY A NEW RULE THAT IF YOU HAVE ONE DAY ABSENT IN WEEK .SUNDAY IS NOT ALLOWED IF YOUR LEAVE IS NOT PENDING. MEANS ON ONE ABSENT YOUR TWO DAY DEDUCTED FROM SALARY(SUNDAY & LEAVE)

SO THAT I REQUEST YOU TELL ME ANY RULE LIKE THIS FROM GOVERNMENT SIDE

REGARDS
RAJENDAR SINGH

wHAT IS THE DIFFERENCE BETWEEN SECONDMENT AND INDUSTRIAL TRAINING???

Sir,

I have recently qualified. Most probably I prefer to be employed in Industry.Can I obtain a part time CoP or is it advisable to wait until I gt a job and then send my membership form? what is the time limit for sending the membership form? Please clarify...

Thank you.

Hello sir

My client getting project from Dubai has mention below details, can you help on this queries asked..my client name is Anand and he is MD of Pvt Ltd company..Now he got this project and he asked query has given below sir, can u help me on this sir.....



My client pursing a project with a client in Dubai but work to be executed in across India.



1)Suppose my total quote is for 1000 AED or 13356 INR . How should the tax value be done. ?

2)Is there any contract text specific to STPI to be done ?

3)Is this an Export Income ? (because work to be executed is in India). Can our company do it ?

4)How will this income/expense shown in book of accounts. This project needs traveling across India. So all these costs need to be done as part of expense towards execution. In my final book of accounts, I need a correct link between income from this client and actual expense towards that.

5)Do have any sample quotations which I can use ?


Need information for above query as soon as possible..

Thanks
Balu

Dear Sir,
Please provide me the copy of Minimum Wages Act latest notification for Jharkhand in which the new minimum wages is being prescribed w.e.f 01.10.2011.

Its Urgent!

Thanks and Regards,
CA Abhishek Agarwal