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TradeGuru

This site is basically devoted to our trade gurus. In this site I would like to enumerate the skills that our bank gurus have. As per our top Indian Business guru Lt. Mr. Dhirubhai Ambani “Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver.”

"Before I begin to explain my concept for this site I feel it worthwhile outlining the definition of a trade guru!"

Dictionaries generally agree that a guru is someone who others regard as having advanced knowledge and wisdom about a specific area or subject matter. Attaining advanced knowledge often requires many years of training and practice before becoming accepted as a teacher and then as an authority in your specialised field. The power of knowing how to transfer this knowledge into helping others is a gift.

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New Form 15CA & 15CB relating to remittance

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New Form 15CA & 15CB relating to remittance of payments to a non-resident or to a foreign company & CA Certificate

Currently, remittances to non-residents are allowed by banks if the person making the remittance furnishes an undertaking, accompanied by a certificate from a Chartered Accountant (“CA”) certifying the rate for withholding tax as per section 195 of the Act. The banks then forward the certificates to the Reserve Bank of India (“RBI”), which in-turn forwards it to the Income tax department.

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History of Accounting and Accounting Standards

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As in other spheres, India was a pioneer in the field of accounting too. As Prof. Max Mueller observed

Whatever sphere of the human mind you may select for your study , whether be it language, or religion, or mythology , or philosophy, whether be it laws or customs , primitive art or primitive science, everywhere you have to go to India, whether you like it or not , because some of the most valuable & most instructive materials are treasured up in India, & in India only.

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