India is poised to overtake the USA and emerge as the World’s second largest economy on purchasing power parity basis by 2050 and has the potential to supersede China to the top spot, says a report published by PwC. China is expected to overtake the
Onion prices on Friday eased by Rs 5-10 a kg in major metros following raids on traders by income tax (I-T) authorities in several states like UP, Tamil Nadu, Punjab, Haryana and J&K. As the I-T officers were swooping down on big onion traders, cabinet secretary K M Chandrasekhar is believed to have told state chief secretaries through a video conference to put the local taxes like octroi and mandi levies on hold for three months on vegetables.
THE ICAI and the Association of International Accountants, UK have signed Joint Declaration to benefit both, the Chartered Accountants and the students who pursue CA course. An Honorary membership of the AIA was also conferred upon the President of t
CBI in Mumbai CBI conducted a large-scale operation on Tuesday at official and residential premises of 14 Customs officials and a CHA. As per the CBI Release, it was alleged that Customs officials of different ranks from Additional Commissioner to Pr
But with that, comes a range of terms which can be difficult to understand. Read our glossary to learn more: Accounting information systems: Computerised accounting systems are essential for all organisations these days. An information systems strea
In connection with the alleged Rs 300-crore Citibank fraud, Sebi is probing whether the stock brokers collected from the accused his income proof documents, a mandatory requirement for trade in derivatives market. The market regulator had made it ma
Union Finance Minister Shri Pranab Mukherjee started his pre-Budget consultations for the preparation of Union Budget 2011-12 from today. He held his first pre-Budget meeting this year with the stakeholders from the agricultural sector.
