Saturday, April 12, 2025

Friday, February 19, 2010

Difference Among C.V, Resume & Biodata

People use the words RESUME, C.V., and BIO-DATA interchangeably for the document highlighting skills, education, and experience that a candidate submits when applying for a job. On the surface level, all the three mean the same. However, there are intricate differences...

Wednesday, February 17, 2010

Fringe Benefit Tax: CBDT Circular No. 2/2010, dated 29-1-2010

Circular No. 2/2010, dated 29-1-2010 Section 115WM of the Income-tax Act, 1961 - Fringe Benefit Tax - Chapter XII-H not to apply after a certain date - Adjustment of advance tax in respect of fringe benefits for assessment year 2010-11 against advance tax The Finance Act, 2005 introduced a levy namely Fringe Benefit Tax (FBT) on the value of certain fringe benefits as contained in Chapter XII-H (sections...

Tuesday, February 9, 2010

IFRS deferred by a year and will be applicable from 01.04.2011

On January 22, 2010 the Ministry of Corporate Affairs issued the road map for transition to IFRS. It is clear that India has deferred transition to IFRS by a year. In the first phase, companies included in Nifty 50 or BSE Sensex, and companies whose securities are listed on stock exchanges outside India and all other companies having net worth of Rs 1,000 crore will prepare and present financial...