Finance Peculiar & Happiness Sharer

Are you an earning person......
How many income streams do you have ❓

Hey guys!! it has been long since we've posted anything. its ur page...come on.. share ur views...speak out your heart. U can message me n i ll post it on d page whether anonymously or non anonymously, d way u want... :) LOoking forwrd for d replies.

Existing taxpayers under Rajasthan VAT required to enroll with GST system Portal on or before 31.12.2016 (Started from today itself 16.12.2016)

16 promising startups to watch in 2016

http://ecoti.in/PCYlXZ

16 promising startups to watch in 2016 - 16 promising and innovative startups to watch in 2016 -... ET.com looks at 16 innovative startups (in no particular order) that hold a lot of promise in the coming year.

http://m.economictimes.com/industry/services/consultancy-/-audit/auditors-use-algorithms-to-scan-books-minutely/articleshow/49809629.cms

Auditors use algorithms to scan books minutely - The Economic Times The different tools used by the auditors give them specifics of even the smallest of the transactions once it is defined by the auditor.

Dhanteras greetings from a C.A.

May u pay Income Tax @ highest slab rate,

May u have to pay even Gift Tax & Wealth Tax,

May U incur all types of capital gain taxes,

May u alwayz get Audited under 44AB...

Happy Dhanteras $..

😊💰

Stay Blessed by Laxmi Devi and Kuber Devta..

😉😊.

From,
ICAI..........

Tax Increases

Swachh Bharat Cess of 0.5 % on all services from 15 November 2015
Notification no.22/2015
Rate would be 14.5% from 15.11.2015

AUDITORS RELATED COMPLIANCE’S UNDER COMPANIES ACT 2013- PROCESS FOR RATIFICATION:

1. BOD shall consider the ratification in a BOD meet calling for AGM. The ratification shall be for (name of firm), chartered accountants as statutory auditors of the Company.

2. The Company must obtained from the Auditors, a certificate as required under Section 139 of the Companies Act, 2013 to the effect that they are eligible to continue as statutory auditor of the Company.

3. The AGM notice must carry the resolution to ratify the previous auditor. The Board must consider the matter and should decide that the ratification of the Auditors be recommended to the shareholders at the forthcoming Annual General Meeting from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company at a remuneration to be mutually decided.

4. The AGM must passed a resolution as ordinary business pursuant to Sections 139, 142 and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014 ratifying the appointment of (Name of Firm), Chartered Accountants, (Firm Registration Number ), as Auditors of the Company to hold office from the conclusion of this Annual General Meeting (AGM) till the conclusion of the next AGM of the Company to be held in the year …………”

5. The Company must issue a letter to the Auditor within 15 days of AGM.

International Financial Reporting Standards (IFRS) is a set
of accounting standards developed by an independent, not-
for-profit organization called the International Accounting
Standards Board (IASB).
The goal of IFRS is to provide a global framework for how
public companies prepare and disclose their financial
statements. IFRS provides general guidance for the
preparation of financial statements, rather than setting rules
for industry-specific reporting.
Having an international standard is especially important for
large companies that have subsidiaries in different
countries. Adopting a single set of world-wide standards will
simplify accounting procedures by allowing a company to
use one reporting language throughout. A single standard
will also provide investors and auditors with a cohesive view
of finances.
Currently, over 100 countries permit or require IFRS for
public companies, with more countries expected to
transition to IFRS by 2015. Proponents of IFRS as an
international standard maintain that the cost of
implementing IFRS could be offset by the potential for
compliance to improve credit ratings.
IFRS is sometimes confused with IAS (International
Accounting Standards), which are older standards that IFRS
has replaced.

"Doing the best at this moment puts you in the best
place for the next moment." - Oprah Winfrey