THE tax on cash withdrawals from current accounts is up for review in the forthcoming Union budget. While no change in the tax rate is expected, the finance ministry is considering whether the tax can be extended to only those savings accounts which hide current account-type withdrawals.
Archive for January, 2006
Demolition Drive by Municipal Corporation of Delhi
Over last few weeks we have been reading and hearing about the demolitions of illegal and unauthorised construction by Municipal Corporation of Delhi (MCD). The stories about the demolitions have been making the headlines too in the past few weeks though the news have shifted from front page to third and fourth pages. There [...]
New Investment Ideas !!!
Invesment Idea for 1 Feb
DEAR FRIENDS,
NEGATIVE ADVANCE DECLINE RATIO
ADVANCES TO DECLINES ARE SHOWING NEGATIVE DIVERGENCES AND DO NOT BODE WELL FOR MARKETS IN EXTREME SHORT TERM. WE ADVICE TO CONTINUE BOOKING PROFITS AND EXITING AT HIGHER LEVELS FROM HIGHLY OVERBOUGHT STOCKS.
OTHER TECHNICAL INDICATORS LIKE RELATIVE STRENGTH INDEX (RSI) & MOVING AVERAGES CONVERGENCE DIVERGENCE (MACD) [...]
DEATH CAN BE PROFITABLE!!!!!
Hi! all
 Let me share an experiance with all of you. Few days back one of my old friend met me he seemed to be excited. I asked the reason, he told me that he has just taken a new INSURANCE POLICY and now had 25 lakh of insurance cover aggragating all his policies.
Are u trading safely??
Most of us are investing in the stock market nowdays but have you ever spared a thought on whether you are trading in a safe environment and whether all the systems are in place in the exchanges.
Atleast i thought so considering the voluminous transactions i was doing for the past couple of years. But [...]
HOW TO MAKE MONEY IN STOCK MARKETS.
DEAR FRIENDS,
This is one area where many of us and the world at large is interested. But only a few are successful in making money from STOCK MARKET. What is the reason?
The reason is very simple. We play in the stock market but do not follow the simple rules of buying and selling.There are many [...]
CA Vs MBA
CA Vs MBA
7 Chartered
accountants and 7 Mba are going from PUNE to Mumbai.
So they both gather at Pune Station.
Both groups are desperately trying to prove their superiority.
SCENE 1 (PUNE- MUMBAI):
Site Updates – New Plugin Activated
We have been constantly attacked by spammers from past one week and I was absorbing the source of that. Finally I have installed a wonderful security tool called Akismet, which allow us to fight back with a ease.
It saves lot of time as it automatically detect the spam and blacklist that. It work silently and [...]
Corporate Conduct for Accountants !!
Its high time now and business ethics should be incorporated and made a must for all the professionals all over the world. And hence recognizing the critical role of ethical values and standards on protecting the public interest, the International Federation of Accountants (IFAC) has developed new proposed guidance for corporate accountants and management worldwide. [...]
Management Audit – an overview for would be auditors.
Management audit is a comprehensive and complete examination of all managerial functions and the effective use of their total resources in achieving the goals of an organization.
According to Taylor and Perry “Management auditing is a method to evaluate the efficiency of management at all levels throughout the organization in order to ascertain whether sound management [...]
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Related to considering exit points and having mental, if not actual, stop losses to protect profits and limit losses, the disciplined short-term trader is often more tuned in than the long-term investor to what are ...read morePrice Momentum Investing
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Many active traders seem to pay little attention to the tax consequences of their short-term gains. They believe that they can make enough money with day and short-term trading to make taxes on gains a ...read moreSearch
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