Singapore, a preferred tax haven
Capital gains aren't taxed, inheritance taxes aren't charged, and individuals are taxed only on income earned in Singapore. »
Social Responsibility for SMEs
The ongoing debate in Western economies regarding the role of corporates in widening the gap between the rich and the poor, exemplified by the Occupy Wall Street movement, has brought focu... »
Audit firms need proper supervision
Auditors should exercise professional scepticism and look for areas where financial statements might be susceptible to fraud. »
60 Seconds Chief
Audit conclusions and reporting
The goal of an audit is to form and express an opinion on financial statements. The audit is performed to get reasonable assurance on whether the financial statements are free of material... »
Peer review for chartered accountants
The Institute of Chartered Accountants of India (ICAI) has taken it upon itself to ensure the quality of the working of its members through peer review. Peer review is review of the profes... »
Access to funds
The Government of India's recent announcement of its intent to increase its market borrowings by Rs 40,000 crore to fill in the sluggish tax collections gives a clear signal that interest... »
TDS relevance for foreign commissions
Gangesh Exports Ltd is engaged in the manufacture of precision sorting machinery for agricultural products. It sells machinery to various countries, especially developing countries, through agents... »
Pricing petroleum products
The pricing of petroleum products in India has several anomalies that warrant urgent reforms to address the unintended adverse effects on persistently high inflation, high energy costs for... »
Advance ruling under indirect tax
Authoritative and binding advance rulings allow traders and investors to make business decisions regarding taxes and duties, in a stable and predictable environment. Advance rulings lend t... »
Healthcare industry
The healthcare industry in India is attracting a significant amount of capital from Private Equity firms, as it is one of the few sectors that continue to witness steady growth in the curr... »
Investing overseas, the easy way
Sudhir Rao, an Indian businessman with substantial interest in the winemaking and brewery sector, recognised the growing opportunity in Australia for investment in the vinification business. As th... »
Voluntary disclosure for foreign assets
Mr X, an industrialist, constantly looks out for news items for a possible offer of a Voluntary Disclosure scheme by the Government, especially involving offshore assets. Mr X has funds stashed aw... »
Foreign exchange risk
The foreign exchange market is witnessing unprecedented volatility with the Rupee-dollar exchange rates moving from Rs 44.1 per USD to Rs 54.2 and then again to Rs 52.7, all within the las... »
Managing risks in retail FDI
The ongoing battle regarding FDI in retail is likely to intensify further in the coming months. The arguments put forth for and against the policy are equally valid. However, peo... »
Eliminating Chinese competition in trade
Ilango is the Managing Director of a fully-integrated automobile component manufacturing unit that exports automobile components to various countries, with a major chunk of it going stateside. The... »
‘Paradigm-shifting innovation is what we need'
Core beliefs are tested only under trying circumstances: Prof Vijay Govindarajan »
Primary market: Games companies play
SEBI has discovered that the money raised through IPOs flowed mostly into accounts of stock market intermediaries, through many layered transactions. Two of the companies, RDB Rasayans and Onelife Capital resorted to applying for their own offers through ‘benami' or fictitious applications in the retail category. »
Why Chidambaram was dragged into 2G case…
For Piramal, good use of cash with exit option via Vodafone IPO
CA Institute finds former CFO of Satyam guilty of misconduct
Singapore, a preferred tax haven
Primer on working capital funding
Accounting for provisions
Social Responsibility for SMEs
Healthcare industry
Investing overseas, the easy way
Audit firms need proper supervision
60 Seconds Chief
Voluntary disclosure for foreign assets
Audit conclusions and reporting
