If you are a businessman and you get a big income tax refund, it is time you changed your CA. An advance tax is something that you pay based on an estimate. Thus if your CA (or you) over estimated your income and because of that you are getting a refund, well, improve your ability […]

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I did not know whether to say what every graduate should know or what every doctor, mba, ca, engineer should know. It is what my view is about what every kid coming into the job market should know: 1.The Gross salary that a company offers to pay you and the net salary that you get […]

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Do you lend money to friends? How do you react when a friend asks for money? Thanks to banks giving loans literally for everything – personal loans, car loans, home loans, these days the number of people asking for loans has gone down. However at one strata of society it is possible that people come […]

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Many people have asked for a follow up on the 15L CTC story…. 1. A planner should plan, not pass value judgement on how the client should behave. 2. To me a guy attending to all temple functions and blowing money traveling to all the temples in India is just as stupid as the guy […]

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‘I earn Rs. 15L CTC – and clearly I am overpaid. However I am not able to save a rupee – I have no idea where my money goes’ Can you believe this…if you are a middle class Indian? I found it a little amusing…but not difficult to believe. When I spoke to him, I […]

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This is for all the kids I know. Some of them are smart, some very smart. However money management is not a part of their curriculum (really sad)…so here are some tips. You can use it or discard it….just my views: 1. Decide only on the big things together: The Rs. 800 T shirt which […]

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Historically speaking XBRL was born in USA. However converting all the documents from a non xbrl environment to the xbrl environment is happening all over the world. The UK, USA, etc. are choosing to do the outsourced work in India. A very big quantity of this work is happening in Navi Mumbai! Of course it […]

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