well, i would like to know what effects does the US sub prime crisis have on indian economy, Indian financial institutions, stock market etc..

Does it have any effect or is it the cause for the high inflation rate??...

CST RATES CUTS 3% TO 2%

We have been charging 2%CST on our direct sales from April'08 onward based on Union Govt. Budget announcement.
Kindly let us know whether we should continue charging 2% or revert back to 3%.

Kindly advice on my mail samirmhambrey@gmail.com

What is the minimum requirement for Comapany (any) formation? Give detail information, best if in Word or PDF format.
Awaiting your valuable guidance.
rsjinde@rediffmail.com

sir i passed cpt in nov 2007 i joined articles in dec 3rd 2007 according to icai rules i cant take exams in 2009 may but i will do articles for 39 hours in a week i.e 7 hours in first five days and 4 hours on saturday i.e 39*72(72 weeks from december 2007 to may 1st 2009) it takes to nearly 2800 but i want to do articles of 35hours *78=2730hours.i am compliting the total hours and just for 23 days short of 18 months i want to wait for 6 months please some one guide me in this regard pleaseeeeeeeeeeeeeeeeeeeeeeeee.

A Firm is having 2 partners. Their profit sharing ration is 50:50.One of the partner wants to gift its entire partnership capital to the partner whois her son.

QUERY:Whether it is possible?
If yes the entry can be done by a JV in books and preparing gift deed or we should give it by cheque.
A PFAS of 2 partners in whioch one parner having zero capital balance will still be PFAS or it wil be a proprietory in eyes of law

What is the basic difference between a Bank Guarantee and Letter of Credit?Please give me procedure for availing bank guarantee and cases where bank guarantee required.

In a case of call center where indivisual telecaller is hired on contract basis with his salary is divided in basic & other beninefits and tds is deducted at contract rate, wheather employer is liable to deduct & depodit PF & ESI on such payament or not.PF & ESI is applicable on such company as per act.

Indian company located in SEZ engaged in 100% export of Jewellery. A foreign company intends to invest 50 % in equity. Does FEMA automatic regulations permits such investment - or Indian company has to move to FIPB for permission. The confusion is that the CEO of Indian company carries an impression that since their unit is having an investment in plant & machinery is less than Rs.50 Million and therefore the unit is a SSI unit and therefore if investment exceeds 24 % they have to move to FIPB and no automatic route is available to foreign company.

Is such impression is correct?

Can somebody plz guide me that how to deposit professional tax for employees of mumbai branch here in delhi? Which challan to be used, can cheque be deposited in bank for same?