NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (239) 07/09/2024 THE ENEMY PROPERTY ACT-1968 The Enemy Property Act, 1968, is an Act of the Parliament of India, which enables and regulates the appropriation of property in India owned by Pakistani Nationals The Act was passed following the Indo-Pakustani war of 1965 Ownership is passed to the Custodian of Enemy […]
THE ENEMY PROPERTY ACT-1968 Read More »
Saturday Brain Storming Thought (238) 31/08/2024 CASH GENERATING UNIT (CGU) A Cash Generating Unit is the smallest identifiable group of assets that generates cash inflows from continuing use and is largely independent of the cash inflows from other assets or groups of assets Examples of CGUs include 1) Individual stores or store chains in the
CASH GENERATING UNIT (CGU):BY-ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (237) 24/08/2024 NOT READILY REALISABLE ASSETS (NRRA) Assets that are not easily convertible to cash and could take an indefinite waiting period for realization are called Not Readily Realisable Assets (NRRA) Regulation 37A 1 of the IBBI (Liquidation Process) Regulations, 2016 It defines NRRA as those assets in the liquidation estate
NOT READILY REALISABLE ASSETS (NRRA):BY-ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (236) 17/08/2024 INFLATION INFLATION Inflation is a fundamental economic concept characterised by a persistent increase in the general price levels of goods and services within an economy That over time, the purchasing power of money diminishes as the cost of living rises This can impact consumers, businesses and the overall economic
INFLATION :ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (233) 27/07/2024 NEW CAPITAL GAIN TAX REGIME PROPOSED IN THE UNION BUDGET 2024-25 New Capital Gain Tax Regime proposed in the Union Budget 2024-25 In the Union Budget 2024, presented by Finance Minister Nirmala Sitaraman on 23/07/2024 1) Raising the tax rate on long-term capital gains on equity from 10% to
NEW CAPITAL GAIN TAX REGIME PROPOSED IN THE UNION BUDGET 2024-25: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (232) 20/07/2024 SNRR ACCOUNT SNRR Account Special Non-resident Ruppe Account Any person resident outside India, having a business interest in India, can open a Special Non-resident Ruppe Account (SNRR) with an authorised dealer for the purpose of putting through bonafide transactions in rupees which are in conformity with the provisions of
SNRR ACCOUNT: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (231) 13/07/2024 NRO ACCOUNT NRO Account A Non-Resident Ordinary (NRO) Account is a popular way for many Non-Resident Indians (NRIs) to manage their deposits or income earned in India, such as dividends, pension, rent etc This account allows you to receive funds in either Indian or foreign currency NRO Account 1)
NRO ACCOUNT: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (230) 06/07/2024 NRE ACCOUNT NRE Account NRE means Non-Resident (External) Account Which allows only foreign credits from outside India into the account Key Takeaways of NRE Account 1) Acronym Non Resident External Account 2) Meaning It is an account of an NRI to transfer foreign earnings to India 3) Taxability Interest
NRE ACCOUNT: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (229) 29/06/2024 CASH RESERVE RATIO Cash Reserve Ratio (CRR) Cash Reserve Ratio is one of the many monetary policy tools that RBI uses to control the money supply in the economy Cash Reserve Ratio is a certain percentage of cash that all banks have to keep with the RBI as a
CASH RESERVE RATIO: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (228) 22/06/2024 SHELL COMPANIES SHELL COMPANIES Shell Companies are used for legitimate purposes but can be used for tax evasion, tax avoidance, money laundering, or to achieve a specific goal such as anonymity Shell Companies in India Shell Companies are also known as ghost companies, are quite popular among fraudsters, especially
SHELL COMPANIES: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (227) 15/06/2024 PARTICIPATORY NOTE PARTICIPATORY NOTES Participatory Notes also referred to as P-notes or PNs, are financial instruments required by investors or hedge to invest in Indian securities without having to register with the Securities and Exchange Board of India (SEBI) P-notes are among the group of investments considered to be
PARTICIPATORY NOTES: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (226) 08/06/2024 DIGITAL INCLUSION Digital Inclusion Digital Inclusion is defined as – equitable, meaningful and safe access to use, lead and design of digital technologies, services and associated opportunities for everyone, everywhere Elements of Digital Inclusion 1) Affordable, robust broadband internet services 2) Internet-enabled devices that meet the needs of the
DIGITAL INCLUSION: ER. AVINASH KULKARNI Read More »