Education

The income-tax assessees should pay the last (March) instalment of advance tax promptly and not defer it and show it as self-assessment tax at a later ...

Property owners in cities such as Mumbai, Pune, and Aurangabad in Maharashtra will have to pay property tax based on capital value, only from April 1, ...

Jana, the author of the recently-released book titled ‘Derivatives and Risk Management' (Pearson) is not happy with the level of general awareness ...

In recent decades, the economic-accounting sector has recorded a boom in the female presence, writes Maria Malatesta in ‘ Professional Men, ...

The government must identify those classes of offcials likely to get price-sensitive information and bar them from trading in interest rate futures

The RBI has permitted trading in credit-default swaps with built-in controls and detailed instructions on risk management to prevent over-exposure and a possible crisis. The world of finance involves multiple exposures which could lead to troubled debts and basic risk management norms necessitate taking protection.

The Manipal-based T.A. Pai Management Institute (TAPMI) will host an International Conference on Accounting and Finance (ICAF) from March 10-12. A ...

Blog: http://60secondsChief.blogspot.com

It is said that the recent budget has laid the groundwork for Direct Taxes Code. What is your take? Sudha Padmanaban, Chennai The Finance ...

Reserves and surplus is a significant head on the liabilities side of the balance sheet forming part of the shareholders' funds. Reserves are ...

There was something ominous about the results. The doubling of the customer base was complemented by double the level of ‘noise' from customers about ...

Any commercial activity and income thereon, if meant for charitable purpose, is eligible for blanket tax exemption subject to the aggregate receipt not exceeding the Rs 25-lakh limit prescribed.

The common man has been expecting some relief from inflation/rising prices. The proposals in Budget 2011 have apparently disappointed him. Inflation, ...

If tax laws were a movie, service tax would qualify as an item number - extremely popular in a short period of time and meant for the masses. With ...

The Finance Minister should bring in a proposal for linking basic taxable exemption limit to the index for inflation.

Point of Taxation Rules notified in the Union Budget and seeking to levy service tax on ‘accrual' basis could result in cash flow problems for the ...

The Federation of Karnataka Chamber of Commerce and Industry (FKCCI), in association with the Federation of Indian Export Organisations (FIEO) and ...

While much has been said about the ill-effects of IFRS, its focus on financial reporting and disclosure are strong pluses.

In a Budget that appeared at first flush lacklustre and devoid of pyrotechnics, there was an important policy initiative which perhaps has enthused ...

The Government should come out with the performance report on a quarterly basis reviewing the effectiveness of policy measures.

To those who do not think much about costing, it can be shocking to read in China Inside Out about how ‘classified costing information of the Chinese ...

The Finance Minister, Mr Pranab Mukherjee, on Tuesday urged leaders of apex industry associations to do their bit in building consensus on goods and ...

In a measure that is likely to bring some relief for domestic capital goods manufacturers, the Finance Minister announced an excise duty exemption to ...

Though Mr Pranab Mukherjee is trying to demystify Budget from tax perspective, every year there is something which makes the Budget special. Efforts ...