Often do we come accross news about someone or the other fiddling with technology or machines to commit a fraud or to steal people of their hard earned income. We do hear stories about someone trying to break into the ATMs or people using fake credit cards/debit cards. Finaly, the UK government has taken a [...]

Whenever I had to visit the courts, certain things amused me. Out of all those, what sounded dramatic to me was the use of the referal phrase “My lordship” or “My Lord” by the lawyers for the Judges. It used to sound so unreal and dramatic. Finaly its going to be a thing of past [...]

Freinds, Recently there were a lot of changes made in the Companies Act and then there was introduction of Digital Signatures and changes were also made in the DIN rules. As a result of which all of us must have faced a lot of problems. So, i am posting few of the ammended changes of [...]

[Tips by By Ray Prince who is a UK based Financial Planner] Well, here we are again. The start of a new tax year is upon us, bringing with it many opportunities to save tax (legally) and keep as much of your money in your hands, and away from Gordon Brown’s. The budget was a [...]

[This is an article by Rita Preece whose bio can be viewed at bottom of this article. This is a good read] Tax evasion is illegally avoiding paying taxes, failing to report, or reporting inaccurately. The most common one is failing to report cash income. The government imposes strict and serious penalties for tax evasion. [...]

The magistrate’s court in a small town of Halol, Vadodara united a lesbian couple on the grounds that they are consenting adults. According to our constitution u/s 377 it has been stated: “Whoever voluntarily has carnal intercourse against the order of nature with any man, woman or animal shall be punished with imprisonment for life, [...]

I could hear many of complaining us chartered accountant freinds complaining about the very low audit fees for the audit of a cooperative bank. The audit fees for a co-operative bank was as low as Rs 10000 irrespective of the size of the bank. But now many of us have a reason to rejoice as [...]

The Finance ministry can take a sigh of relief now as it has a reason to celebrate as the Supreme Court vacated the stay allowed by Madras High Court. But the Corporates must be a dejected lot as the Supreme Court upheld the constitutional validity of the much infamous Fringe Benefit Tax. So, the much [...]

Indian system though fair and powerful is awfully overcrowded and slow. Delay in justice further undermines the faith in the judicial system leading to people seeking to sort grievances by unlawful means and out of course settlement tactics. For years, parliamentarians, legislatures etc. are trying to find the root causes for the delays and are [...]