Foreign Multinational Companies are investing a good deal of money in India. And why not??? The way Indian economy has grown in past few years, India seems to be a very good option to invest. With low labour costs, economies of scale, low input costs and huge market India seems to be haven for the [...]

Forum4ca is under attack A report from Netdisaster Inc. USA. How people from mars read posts at Forum4ca, what they feel about us?? Do they know english?? People from Mars visited us and find it most visited site in India. They have decided to attack us and ruined all the pages. They have prepared a [...]

Ahead of the Budget, a parliamentary panel on Friday suggested taxing agricultural income, bringing all non-essential services under tax net to check tax evasion and widen tax base. This move is intented to bring all those person under the tax purview who have agricultural and non-agricultural income. Its high time now that the government should [...]

Yesterday the entire world saw protest against the Western world on publishing the cartoons of Prophet Mohammed. Todays Times of India carried pictures of Denmark flag being laid on the steps of Jama Masjid. The act of Denmark publications have irked a lot many eyes and there have been protests and demonstrations al over the [...]

Malls, malls, malls and mals every where. A mall here and a multiplex there and a hang out every where. But are there enough takers??? We are witnessing the mushrooming of the malls and commercial complexes in and around Delhi. Has any one ever wondered whether do we need so many of commercial malls or [...]

A good news for the people who invest in mutual funds. Now the taxmen might be a little liberal on your hard earned money from mutual funds. The FM is is considering a proposal to exempt “fund of funds” (FoF) mutual funds from long-term capital gains in the forthcoming Budget. Funds of Funds are the [...]

Our Mr. Naresh Vaid (FCA) have been interviewed by CNN along with me today, i.e. 7th Feb. 2006 and it would be telecasted either 17.30 to 18.30 or 19.30 to 20.30 today. It contains our views on the upswing of the Indian Stock Market. This 2 minutes clipping will also have views on the anticipated [...]

Professionals always have to take up challenges and have to prove themselves time and again. And no professional should averse to take up challenges. So Indian Chartered Accountants should be ready and be prepared now for more. THE Institute of Chartered Accountants of India (ICAI) has finaly decided to remove the restriction on practising chartered [...]

Sensex Big Bang! The Sensex today created history by touching the magical figure of 10,000 points. It reached the 10K psychological mark following across-the-board purchases by foreign institutional investors (FIIs) as also domestic mutual funds. The market barometer was at 10,002.83 points higher by 260.25 points. The major support to the Sensex came from reliance [...]

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.