In third week of August, I took a break to relax from my hectic schedule and headed for Delhi where my uncle and sister reside. My vacation was quite comfortable and I kept myself confined to home except for a visit to ‘Dilli Haat’ which is a traditional Marwari ‘teej mela’. I don’t want to [...]

A lot is cooking in aviation industry. Everyday you pick up Economic times and a major chunk of it speaks about Telecom and Aviation industry. Aviation industry is changing at a very fast pace with consolidations, investments, changes in fare and new routes making loud news.
The honeymoon period of marriage between Air Deccan and [...]

Everyday as the clock ticks 9:55 in the morning, my colleague logs on to check out the status of market. Since last few days, he is restless as the market is tumbling non stop. I am no investment wizard but being a Chartered Accountant, I am supposed to know market dynamics and this makes me [...]

After long time there is an upward movement in IT companies’ scrip. This is primarily due to recent changes made in norms of External Commercial Borrowing (ECB). IT companies are hit badly as there top line consists of a major chunk of exports. Since most of their clients are foreign based, stronger rupee has lead [...]

If you are investing in shares and availing benefit of sec 10 (38) which exempts long term capital gain on shares, there is a bad news for you. CBDT has considered a proposal to limit the scope of exemption only to companies constituting BSE 500 index.
This is done to prevent any misuse of section, [...]

Many a times i am approached by students who want to pursue Chartered Accountancy course and even through this website many prospective Chartered Accountants approach us with all sorts of questions and queries regarding the course, its various aspects, prospects etc. and its very heartening to answer them. Also, lot os prospective CAs have lots [...]

After IIM, IIT, AIIMS, now it is turn of ICAI, the Institute of Chartered of Accountants of India. ICAI has joined the list of prestigious institute of India for wrong reasons. For the first time in history of ICAI, the papers of entrance examinations (CPT) were leaked 15 minutes before the examination.
The examinations were [...]

Hey man, we are the most privileged citizens of India to see our country metamorphose from developing stage to the developed stage and I feel that we will live to see India as developed nation by 2050. Prompt came the reply – Give me numbers boss. I dont see close to double digit growth as [...]

Earlier this month, the Indian Institute of Chartered Accountants launched its logo for the use of all the CAs. The CA fraternity will now adorn a new look with the launch of a new logo by ICAI on July 1 which is celebrted as Chartered Accountant’s Day by the Institute.
The artistically designed logo not only [...]