Any income which is not chargeable to tax under Section 15‚ 22‚ 28‚ or 45‚ will be chargeable to tax as Income from Other Sources (IFOS) i.e. any income not taxable under the head Income from Salary‚ House Property‚ Business/Profession or Capital Gains‚ is chargeable to tax as Income from Other Sources. Section 56 (2): Under Section 56 (2)‚ the items that are mentioned as taxable under this head are as follows:- 1. Interest on Securities‚ provided Securities are held as Investment and not as
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INTRODUCTION Corporate governance is the framework of rules and practices by which a board of directors ensures accountability‚ fairness‚ and transparency in a company ’s relationship with its all stakeholders (financiers‚ customers‚ management‚ employees‚ government‚ and the community). The corporate governance framework consists of (1) explicit and implicit contracts between the company and the stakeholders for distribution of responsibilities‚ rights‚ and rewards‚ (2) procedures for reconciling
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Conversational Selling Top agents makes as much as 30% of their business from for sale by owners (FSBO). Anyone who wants to build a bigger and stronger business will prospect FSBOs since they are a constant and continuous source of business. Don’t let somebody talk you out of this great prospecting source‚ because FSBOs should be a key component in building your business. We have included a few steps in which we are outlining the conversational selling process. Contact Landvoice at 888-678-0905
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Victorian Certificate of Education 2011 ENGLISH (ESL) Written examination Thursday 3 November 2011 Reading time: 9.00 am to 9.15 am (15 minutes) Writing time: 9.15 am to 12.15 pm (3 hours) TASK BOOK Section Number of questions A – Text response (Reading and responding) B – Writing in Context (Creating and presenting) C – nalysis of language use (Using language to A persuade) 20 4 2 Number of questions to be answered 1 1 2 Marks 40 30 30 Total
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Valuation of equity Example based on dividend discount model : Vardhman limited’s earnings and dividends have been growing at a rate of 18% per annum. This growth rate is expected to continue for 4 years. After that the growth rate will fall to 12 % for the next 4 years. Thereafter‚ the growth rate is expected to be 6 % forever. If the last dividend per share was RS. 2.00 And the investor’s required rate of return on verdhman’s equity is 15% what is the intrinsic value per share? Step 1: the
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LEVERAGE A DOUBLE-EDGED SWORD Financial leverage means acquiring assets using funds provided by creditors and preferred stockholders to improve Return on Equity (ROE) of a company rather than utilizing owners’ equity. If a company can borrow money at a rate lower than the return on assets or ROI then the owners’ equity position will be improved. This occurs because less of the equity is required to purchase the assets. It is a double-edged sword and may be positive or negative. • A positive financial
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March 2012 by which date acceptances had been received from the holders of 48 000 shares. The new shares were allotted on that day. Required Prepare journal entries to record the above events. Show all workings (2 marks) 7. Esperance Ltd issued a prospectus offering 100 000 ordinary shares at $3.00 each‚ payable in full on application. The issue was underwritten by Staysure Insurance Co. for a commission fee of $7 500. Required Explain how you would account for the commission fee. Why? (1 mark)
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Business-Level and Corporate-Level Strategies Business-Level and Corporate-Level Strategies Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion. The objective of this paper is to examine the business level and corporate level strategies for Edgar Company Apple Inc. It will evaluate
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Debt VS Equity Financing ACC/400 September 2013 Debt VS Equity Financing Most businesses are use financing for one reason or another. Whether it be startup‚ day to day operations‚ or financial stability financing is a fundamental part of operations. This summary will address what debt and equity financing are and how they are beneficial in business and everyday life. The summary will also explain which method is most beneficial in business operations. By
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Business ethics and corporate social responsibility have become an increasing area of focus for organizations today. However‚ this has not always been the case in the American business environment. Chapter three "Conducting Business Ethically and Responsibly" (R.W. Griffin & R.J. Ebert‚ p.56 - p.87) concentrates on the development of ethical codes of conduct as it relates to business. The chapter also focuses on the social responsibility an organization holds in relation to everyday decision making
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