You can check your PF balance online now on EPFO website. Follow this link : http://www.epfindia.com/MembBal.html Old PF member’s had the different zone name’s /format or office code/ establishment codes. To know the new office code / establishment codes visit following link. http://epfindia.com/estt.asp
Finance
Find allotment status for Manganese Ore India Ltd – MOIL – IPO
Manganese Ore India Ltd. – MOIL – IPO was oversubscribed more than 33 times in the retail investors segments, They had allotted shares to its investors on December 11. So the disadvantage of increasing investment limits in IPO, has begun , small investors will not get anything. We have applied for 85 shares on higher [...]
Finance
“Finance is a blood of business” human body cannot survive without blood, business also cannot survive without finance. In the absence of finance it is impossible to run a business. A business unit needs a sufficient amount of finance to run the business smoothly. Due to insufficient finance a business has to suffer. A business [...]
VARIOUS ADVANTAGES OF INTRODUCING VAT:
- to encourage and result in a better-administered system; to eliminate avenues of tax evasion; – to avoid under valation at all stages of production and distribution; – to clim credit on tax paid on inputs at each stage of value addition; – do away with cascading effect resulting in non distortion of the business [...]
VAT LIABILTY
The vale added tax(vat) is based on the value addition to the goode and the related vat liability of the dealer is calculated by deducting input tax credit from tax collected on sale during the payment period(say,a month). The white paper specified that registration under the vate act is not compulsory for the small dealers [...]
SERVICE TAX REGISTRATION DETAIL
REGISTRATION Section 69 of the finance act, read with rule 4 of the service tax rules make provisions relating to registration. It is mandatory for every person liable to pay service tax to get registered with cuperindent of central excise. A person providing a taxable service is liable to pay service tax in terms of [...]
RATE OF SERVICE TAX
In the year 1994, when sevice tax was first introduced, it was levied on the uniform basis at the rate of 5% of the value of taxable services. The rate went upto 8% subsequently vide finance act,2003 w.e.f may 14,2003. w.e.f.10.9.2004, the rate of service tax was raised to 10% on the value of the [...]
Regional Financial System and Financial Structure of Small Firms
The problem of financial constraints seems to extend beyond the problem of appropriability or innovation. This third study tries to find the factors beyond the firm’s purviewthat may affect firm’s financial choices. It extends the study of capital structure of firms to accommodate regional financial characteristics that are generally discussed in the banking literature. Until [...]
Journalizing
The process of recording voucher details of a transaction in a Journal is called Journalizing and the record thus created is called a journal entry. Transactions are recorded in the Journal according to the type of accounts involved. For example, a journal entry can be made for a cash sale in the Cash Receipts Journal [...]
Journal
Consider the scenario, Larry Williams has identified the accounts that are to be either debited or credited. He needs to record this information in the books of accounts by creating journal entries. In practice, the books of accounts include the Subsidiary books or the Books of Original Entry i.e Purchase Book, Sales Book and the [...]
The Golden Rules of Accounting
Consider the scenario, Larry Williams, the accountant, has identified the accounts involved in different transactions. He needs to apply the golden rules of accounting to identify, which account is debited and which account is credited. There are three golden rules or guidelines to be followed while recording a transaction. Each rule applies to a single [...]
General Ledger
All monetary transactions that occur while running a business must have accurate, accessible and periodically updated records. Monetary transactions include the payment of a supplier’s invoice, payment to an employee and receipt of payment from a customer. For easy transaction recording, it is advisable to use a company’s chart of accounts. This chart provides codes [...]
Laying Out The Path Of Success Through Disciplines In Forex Trading
Forex trading can take a person from rags to riches. Money management is not possible without following a proper discipline. Not people give faith to in having sound understanding of the forex logic and as a result they step down in the market with no confidence and discipline. Why engage in a about Forex Discipline? [...]
Facts You Need To Know About Trading Forex
Forex trading (foreign exchange) become the latest trading spirit for beginner traders. The foreign exchange market also known as the “Forex” is the trading amongst out of ones element currencies of abnormal countries. Some of them see this as an opportunity to earn a animated by trading from home as a Forex Home Trader. For [...]