Direct Labour Costing Formula
Labour Turnover (i) Separation Rate Method = Number of separations ina period ÷ Average number of workers in the period x 100 (ii) Replacement Method = Number of replacements in […]
Materials Costing Formula
Maximum Level Maximum Level = Re-order level + Re-order quantity – (Minimum consumption x Minimum Re-order period) 2. Minimum Level Minimum Level = Re-order level – (Average […]
What is e-filing of service tax ? – service tax e-filing
What is e filing? E filing is a facility for the electronic filing of Service tax returns by the assesse from his office, residence or any other place of choice, […]
Prepare for first group in CA (Chartered Accountant) final examination
Chartered Accountancy course is treated as one of the toughest course because 3 d is required. Dedication, Devotion, and Determination.. Now I am going to explain subject wise preparation […]
Retirement Planning for NRI’s
Our society is changing. Nuclear families are the norm. Inflation is high and hence money needed to fund the retirement is increasing. Additionally due to longevity of life, the requirement […]
Provident Fund (PF) Rules for Employers
Establishments employing 20 or more persons and engaged in any of the 180 industries / Classes of Businesses specified.Co-operative Societies, employing 50 or more persons & working without the aid […]
How to fill online Income tax e-Return?
How To Fill Online Income Tax E-Return ? Step 1:Log on to www.incometaxindiaefiling.gov.in and register yourself with your PAN, which acts as the user ID, and log in to your […]
Applicability of taxable services for ICAI May 2013 and November 2013 examinations
Hi Friends, As we all are aware that there are lots of taxable services in Service Tax which must be on our finger tips and need to be remembering from […]
Consolidation concept in reference of Accounting Standard
PRINCIPLES OF CONSOLIDATION v Joint Venture (JV) / Jointly Controlled Entities(JCE) (As per Accounting Standard (AS)-27) Profit & Loss items of Joint Venture – No Treatment in Consolidated […]
Accounting Ratios
Accounting Ratios To test Name of Ratio Formula Parties interested Industry norm Liquidity and Solvency i) Current Ratio Current AssetsCurrent Liabilities Short-term creditors, investors, money lenders & like parties […]