With the recent turmoil in the finance market, reduction in disposable income and more importantly reduction in easy money, finance market operator are finding more difficult in meeting their targets. I have been continuously followed up for making new insurance policies. I decided to have a comparative
Read more →RBI has reduced validity of cheques from six months (counted from the date of cheques) and other similar instruments to three months. This means that if I issue a cheque today, it must be presented and clear before the expiry of three months. This limit was earlier
Read more →Finally I was able to create PDF Files for both Act 2010 and Rules 2011. This is here for every one to download. Foreign Contribution Regulation Act 2010 Foreign Contribution (Regulation) Rules, 2011
Read more →Foreign Contribution Regulation Act has assumed significance in the recent days. We must understand why it has become such an important Act for NGO in India. The total number of Association registered under the Act as on 31-3-2009 has been 36,414. Out of this only 20,088 has
Read more →The Central Government recently replaced the Foreign Contribution Regulation Act, 1976 with Foreign Contribution Regulation Act, 2010 effective 1st May, 2011. The new provisions required that all gifts in kind or in currency exceeding Rs. 1,00,000 must be intimated to Central Government in Form No. 1 to
Read more →What is Fixed Assets Register Fixed Assets Register (FAR) is one of the important and essential accounting records more so for a society working for people. Before we go into it, we must understand what it means. Fixed Assets Register is made of three words and we
Read more →PROJECT REPORT- What is a project report WHAT IS A PROJECT? A Project is a projected OR possible course o action of chain of events in accomplishing any particular objective. This course of action is not limited to financial aspects only but includes all aspects. For Example
Read more →Upkeep of computerised accounts In this issue, we will discuss not what should go into accounts but how accounts should be maintained. Upkeep of accounts is very important area which is not accorded the importance it deserve. we will discuss upkeep of manual accounts and computerised accounts
Read more →INVESTMENTS by an NGO Introduction Investment are critical to proper management of fund. This documents attempts to deal with what investment is, what are types of investment and some of the idea for dealing with this complicated subject. Besides, this document also contain two chart for keeping
Read more →All About Tax Deductions What is Tax Deducted At Source Deduction of tax is a method of collection of tax. This system is meant to check evasion of tax and to regulate collection of tax. For example, suppose a contractor construct a house for Rs. 5,00,000/-. After
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