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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When a person joins a company (actually any job – bank, government, army, private sector….) he/she gets an appointment letter. This letter has a ‘Gross Cost to Company’ figure…which looks good and impressive…say Rs. 600,000. Now the kid who gets this letter thinks he is going to get a cheque of Rs. 50,000 every month. […]

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Could XBRL have helped in detecting frauds? Well the answer is a little complicated. Let me put it this way. If the Company Law Rules said a director should not be reappointed if he has already been a director, and you file a Form 32 in xbrl, within 2 minutes of filing you will get […]

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Most people I know spend less than what they earn! I wish I could say ALL people I know spend less than what they earn…well they do not. Why do I keep harping on income and expenditure, because it is not easy for many people to comprehend. Let me see how simple I can make […]

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