SAP FICO Interview Questions

Best available SAP books to prepare for interview and to learn SAP FICO

Beginners and students preparing for SAP often asked about book that they should refer to become a FICO consultant. Below in this article you will find books that are most…

Income tax slab rates for AY 2015-2016 – Financial Year 2014-2015

Income tax slab rates for AY 2015-2016 – Financial Year 2014-2015

Financial minister Mr. P Chidambaram has presented union budget in parliament for the financial year 2014-2015. In this budget he has not changed the income tax rates and kept the…

transfer funds

How to transfer money from NRO Account to NRE Account

Now, RBI allow non resident Indians to transfer funds from their NRO account to NRE account within the overall ceiling limit of $ 1 million per year subject to payment…

investment limit increased

PPF ceiling limit hiked to Rs 1.5 lakhs in budget 2014

Our honorable finance minister in budget 2014 has hiked the maximum ceiling limit of Public Provident Fund scheme or PPF from last year figure of Rs. 1 lakh to Rs….

Pros and cons

Benefits and drawbacks of investing in Kisan Vikas Patra or KVP

Kisan vikas patra or KVP is reintroduced by our honorable finance minister in budget 2014. Kisan Vikas Patra was discontinued since November 2011 by earlier UPA government. With its reintroduction,…

memebrship ICAI

How to apply for CA membership with ICAI – for a newly qualified CA

After passing out CA final examination of ICAI you must be thinking to apply for membership of ICAI. Please remember that passing out CA final course is not enough to…

home loan

How to claim income tax deduction on interest on home loan

Various tax benefits are available on payment of interest and principal portion of home loan. Principal amount paid during the financial year can be added to section 80C tax deduction…

non resident indian nri

Different type of bank accounts for NRI in India – NRO, NRE and FCNR

Reserve bank of India allows a Non Indian resident or NRI to open and maintain different type of bank accounts in India. These bank accounts can only be opened with…

bank locker

How to open a bank locker in India – Certain things to keep in mind

Bank lockers in India offer option to safeguard things like jewellery, cash, diamond and other valuables. Bank can not deny a customer for locker facility. Even, you are not required to…

saving

What is NRO saving account for NRI in India – Features and Documents

Non resident ordinary or NRO saving accounts in India can be opened by any non resident Indian or a person of Indian origin who is settled abroad except Nepal and…

Budget 2014

Proposed major changes to tax laws in budget 2014

Today on 10th July 2014, union budget has been introduced in parliament by our finance minister Mr. Arun jaitely. Below in this article we have highlighted major changes that are…

ca

How to set up a CA Firm or chartered accountancy practice in India

CA Firm or Chartered accountancy practice is one of the lucrative professional practices in India. Today chartered accountants are recognized as professionals with robust knowledge of accounting, taxation, audit and…