Blog

2017

Blog26

તેઓ થોડા રૂપિયા જેવા છે ને થોડા નાણાકીય પરપોટા જેવા છે. હા, આ વાત છે બીટકોઇનસની, જે અચાનક સર્વવ્યાપક બની ગયા છે અને આપણને ભવિષ્યનું ચલણ કેવુ હશે ઍની ઝાંખી બતાવી રહ્યા છે.

ફક્ત 48 કલાકમાં 4000 ડૉલર વધીને બીટકોઇનનો ભાવ બિટ્સટૅંપ ઍક્સચેંજ પર 16000 ડૉલર સુધી પહોચી ગયો છે. છેલ્લા થોડા સમયથી કૂદકે ને ભૂસ્કે વધી રહેલી બીટકોઇનસની કિંમતે આખી દુનિયાનું ધ્યાન ખેંચ્યુ છે. હમણા જ આપણી રિજ઼ર્વ બેન્કે બીટકોઇનસ ની લે-વેચને લયિને ત્રીજી ચેતવણી આપી છે.ચાલો સમજીયે આ અદભૂત ક્રિપ્ટૉકરન્સી ને.

Archive


2017

New Blog7

Need for Accounting Standards:

Gone are the days when the size of the businesses were small and the investment into that business was limited to a single trader or his family members. However, the business world has changed upside down in the modern era. Nowadays, investors put their money into thousands of different companies across the world. Similarly, the government and tax authorities are also interested in understanding the true and fair view of the financial position of the businesses. Because of these factors, the scope of accounting records is widened. Hence, accounting records are the vital source of information not only for the finance managers but also for millions of investors who invest in the business.

2017

 

New Blog6

Contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit. A contingent liability is a potential liability...it depends on a future event occurring or not occurring. Because it cannot be determined whether the amount must be paid until events unfold, the company's likelihood of loss is scored as one of the following:

  1. Probable - The future event or events are likely to occur.
  2. Reasonably possible - The chance of occurrence of future events is between probable and remote.
  3. Remote - The chance of future event or events occurring is slight

2017

New Blog3

What is Presumptive Taxation Scheme?

Despite being an important task, maintaining books of accounts become very tedious particularly for small businesses operating at relatively lower profit margins and scale. To give relief to such small businesses, The Income Tax Department has provided for provisions of Presumptive Taxation Scheme. Under Presumptive Taxation Scheme, an assessee does not require to maintain books of accounts. On the other hand, a prescribed percentage of total turnover is presumed to be the profit for the respective financial year. The tax is payable on such presumed amount of profit.

2017

How GST helped to improve Indias Ease of Doing Business Ranking

GST is capable of boosting India's GDP or Gross Domestic Product rate by 1.5-2 percent over the long term. This tax will deliver significant benefits by improved taxation efficiency and ease of doing business. The notion of ‘One Nation, One Tax’ converts India into a huge common market. The proposed system is more transparent, more paperless, but requires greater compliance as well. Prior to GST, indirect taxes in India have driven businesses to restructure and model their supply chain and systems owing to the multiplicity of taxes and costs involved. GST regime is going to be proved as business-friendly and pro-development tax reform in the long run.

2017

Impact of Recent GST Changes on Common Man

GST (Goods and Services Tax) has spread both confusion and chaos across the corporate sector in India. Apart from finance and account-related problems, many business persons are still in the state of confusion because of the lack of clarity in India’s biggest tax reform. The GST regime is here to stay and the government has started to consider the requests from various industry sectors.

Financial Management