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Mistakes that a newly qualified Chartered Accountants do while finding jobs 1. Neglecting professional networking opportunities: Failing to actively seek out and engage with potential employers and industry professionals.   2. Insufficient research: Inadequately exploring the job market and specific companies before applying for positions.   3. Inadequate interview preparation: Failing to adequately prepare for job interviews, including researching the company and practising co...

TRUSTS IN INDIA Introduction Trust is defined in section 3 of the Indian Trust Act, 1882 as “an obligation annexed to the ownership of property and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another or of another and the owner. Simply said, it is a transfer of property by one person (settlor) to another (trustee) who manages that property for the benefit of someone else (beneficiary). The settlor must legally ...

Policy of Empanelment of CA Firms and Selection of Auditors of PSUs   Empanelment of CA firms   chartered Accountant firms in India with at least one full time [1] FCA (Partner/Sole Proprietor) can apply for empanelment with this office for allotment of audit of Public Sector Undertakings.     The criteria for empanelment and selection of statutory auditors have been arrived at after due consultation with the Institute of Chartered Accountants of India. ...

Its very important in todays world to take care of yourself because the world is selfish. Its important to have financial freedom, health freedom so you can get the decision freedom and life freedom.   If you are earning for yourself then if you wish to buy something you can buy and take decision for yourself, you didn’t have to ask anyone. Otherwise if you are dependent on someone and you wish to buy something you need to ask that person whether you can buy that thing or not. The m...

Reasonal Remuneration & Respectful Treatment( sought for CA’s) Competition  Commission of  India-Fair Trade Regulator cannot see members of  Indian Banks Association (IBA) informally forming a cartel to see that interest on savings bank accounts of small and medium persons, retired persons, below middle class persons, do not get more than 4% p.a interest to depositors. that in spite of RBI, repo rate reduction of 25 base points, thrice i.e.,. total 75 base poin...

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