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DOUBLE ENTRY ACCOUNTING
- Double entry
The universe follows a cosmic accounting system. Every good deed earns credit, while every wrong action incurs a debit. These karmic balanc...
Elon Musk exposes ‘Magic Money Machine’: World's richest man claims 14 computers run US Treasury like a rogue ATMElon Musk has criticised the U.S. government's financial practices, calling the existence of “magic money computers” a major problem. Speak...
ICICI Bank's limitless love for Chanda Kochhar may test the limits of shareholders' patienceInquiry into the CEO's spouse is still preliminary, and may not result in charges. But the scandal could drag on, and that’s not exactly fa...
Small business accounting: Why it is essential for SMEs to go for book keepingBookkeeping may seem a burden at the growing phase of business, but it is essential in order to manage the daily functions of a business wh...
Bihar, MP, other 'Bimaru' states shine in urban reformsThe assessment is based on documentary evidence after 23 states and Union territories submitted their claims for 436 of the 500 cities cove...
ICAI to submit report on accounting system for Jaipur division to Railways by AugustIt will submit report on the double entry accounting system for the division. The study will cover areas like traffic revenue, fixed assets...
We are aiming at investing Rs 8.5 lakh crore in five years in Railways: Suresh PrabhuRailways has to be a profitable organisation. It has to be economically sound. So, unless it is commercially driven, it can’t serve social ...
Rajasthan first state to submit Atal Mission action plan, earmarks Rs 1,087 crore for projectsUnder this mission, Rajasthan targets universal coverage in respect of water supply connections and sewerage connections to all urban house...
Gujarat and 18 other states lose performance grants for failing to introduce basic urban reformsPrime Minister Narendra Modi’s native state Gujarat and 18 others have failed to introduce basic urban and municipal reforms.
EPFO settles 11.94 lakh claims in June this yearIn June, as much as Rs 6,497 crore was received by EPFO as contribution by subscribers towards social security schemes run by it.
Companies to be allowed soon to pay PF dues online from non-SBI a/cEmployers in the organised sector maintaining accounts in banks other than SBI will soon be able to pay PF dues online to the Employees Pro...
Provide universal A/c no to members to improve services: Oscar Fernandes, Labour MinisterEPFO needs to provide unique account number to its subscribers and improve its accounting for providing seamless services at par with banks
- Credai demands a level playing field in urbanization of Orissa
Credai, Orissa chapter on Sunday demanded a level playing field for the developers to play sheet anchor role in shaping proper urbanization...
- Finmin blinks, urban reforms to be gentler
The finance ministry is pushing for urban reforms albeit by diluting some of the stringent conditions that the states are expected to fulfi...