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Our Recent Posts

October 11, 2019

WHAT IS IMPAIRMENT OF ASSETS? An asset is said to be impaired, when the entity is no longer able to

December 16, 2018

Banks employ various criteria to screen, rate and assess all loan applications made by an Entrepreneur for obtaining a Business Loan. Hence, it is important to produce correct information to the Banker, as nowadays, it is easier for the Financial Institutions to track...

December 12, 2018


  • Foreign Companies looking to invest in India, can do it in many ways. However, there are certain restrictions to enter, invest or do business in India.

  • A Foreign Company can either choose to register as an Indian Company, or it can opera...

November 28, 2018


  • One of the Fundamental Accounting Assumption used in preparation of financial statement of the three accounting assumptions mentioned in Accounting Standard 1 (AS 1) on Disclosure of Accounting Policies.

  • If this is not followed, the fact that it...

November 17, 2018


  • It is the Finance Ministry which usually prepares the Union Budget of India.

  •  A major activity is performed before making the budget, It is called the Economic Survey. This forms the basis for preparation of Union Budgets.

  • ...

October 16, 2018

Here we are not only talking about laborers like street sweepers, tunnel drillers, welders, electricians, plumbers etc, but about every person who is employed under an employer or a contractor, drawing money for the work performed. Essentially, We have to differentiate...

April 14, 2018

The mammoth frauds at PNB, Sathyam and in Neerav Modi's case has made even the common man question about the quality of audit in India.The need for reliable and transparent financial information is more pronounced today than ever before. This has placed high demand on...

April 8, 2018

Income Tax

Are you running a family business? or, Are You earning rental income from a common ancestral property? or, Are You earning  income from investments made jointly by You along with Your family members?. If Your answers to any of the above questions is Yes, then...

April 4, 2018

Sole Proprietorship Business

If you want to quickly start a business without facing the hassles of long registration process, compliances and procedures, start as a Sole Proprietor. Sole Proprietorship is a type of an enterprise owned and run by a natural person. In thi...

April 4, 2018

"Think big, but start small".

Starting your business small, enables you to achieve a sustainable growth. Thanks to SMEs which boost the country's employment rate. SMEs contribute to 50% of the employment and 38% of National Income in  emerging economies.The Indian Gover...

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