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Monday, March 30, 2020

Why there cannot be recession in India

Its a fact that there will be no recession in India ever.

In India a child is brought up by teaching him all religious rituals and making him visit religious places regularly and during his school vacations. And thing he is taught religiously is to donate at such religious places either money or in kind. Now you must be wondering how it is connected to recession.  Here's how believe it or not on average every earning member in India has sub conscious habit built into him to donate a certain percent of his monthly or new income to religious places as

What is Fibonacci Retracement? How to use Fibonacci Retracement in Trading?


Thursday, March 26, 2020

ICAI important announcement on articleship period during covid 19 lock down


Dhiraj Khandelwal hints at shifting May attempt altogether


Finance Minister covid 19 fiscal package highlights

Finance Minister fiscal package highlights

  1. Rs.1.72 lac crore fiscal package
  2. Insurance coverage for all nurses doctors sanitisation workers Rs.50 lac per person
  3. Under Pm gareeb kalyan scheme 80 crore poor people to get additional 5kgs wheat or rice 1kg pulse for 3 months free of cost. 
  4. Direct transfers to Farmer mnrega jan dhan yojna pensioners Ujwala yojna epfo construction workers 
       Farmers: 8.69 crore farmers             to get 2000 each in April 1st week

      Mnrega: wage increase 5crore families Rs. 2000per worker additional benefit

      Old age widows disabled : ex gratia 1000 per senior citizens above 60 yrs age in two installments through DBT

     Jan dhan women ac holders: ex gratia of 500 pm for 3 months through DBT

     Ujwala yojna: bpl families to get free LPG cylinders per month for 3 months to 8 crore

Sunday, March 22, 2020

ICAI sends representation to delete GST ITC Rule 36(4) which restricts ITC to 10%



ICAI: CA May exams on schedule, will analyse the situation in mid-April

An official from the Institute of Chartered Accountants of India (ICAI), the professional body which conducts the Chartered Accountant (CA) exams in the country, said the body will analyse the

Statewise official Active COVID-19/Coronavirus cases in India as 22.03.2020


(*including foreign nationals, as on 22.03.2020 at 11:45 AM)

Saturday, March 21, 2020

Surprisingly ICAI/ICSI/ICMA have still not declared postponement of article ship in wake of coronavirus scare

It is indeed surprising that prestigious institutions like ICAI/ICSI/ICMA have still not declared postponement of article ship in wake of current coronavirus scare. This has forces articles to take to

Avoid air conditioners Maharashtra Government gives new directives

The Maharashtra government has asked all its offices to avoid the use of air conditioning (AC) system as a precaution against the spread of coronavirus.
















A Government Resolution (GR) signed by Principal Secretary

ICAI announces Exemption from Completion of MCS Course & Adv.ITT to appear in Final May 2020 Examination

Announcement
Exemption from Completion of Management and Communication Skills Course (MCS Course) & Advanced Information Technology Training (Adv.ITT) to appear in Final May 2020 Examination

The Council at its meeting held on 20th March,2020 invoked the powers under Regulation 205 of

Statewise official Active COVID-19/Coronavirus cases in India as 21.03.2020

  1. Total number of passengers screened at airport : 14,59,993
  2. Total number of Active COVID 2019 cases across India * :

Thursday, March 19, 2020

ICAI RE -OPENS ON-LINE FACILITY FOR SEEKING CHANGE OF EXAMINATION CENTRE / GROUP/MEDIUM FOR APPEARING IN MAY 2020 CA EXAMINATIONS

June CFA Program Exams POSTPONED

From the CFAI

June CFA Program Exams POSTPONED
For the safety of our global community, CFA Institute has made the decision to postpone the June 2020 CFA Exam administration.

Knowing that candidates have spent hours studying and preparing for the June exam, we want to giv

Sebi postponed Q4, FY20 earnings Due date

Mumbai: The Securities and Exchange Board of India (Sebi) on Thursday relaxed certain listing disclosure obligations due to fast-spreading coronavirus pandemic, giving the companies a bit of a breather to compile their results. 

Among other things, the markets regulator allowed companies to submit their
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