Excel Skills For Finance Professionals | Vskills Certification

Excel Skills For Finance Professionals

Excel is an invaluable source of financial data analysis. Every day, an uncountable amount of financial data is analyzed by financial experts. These data helps investors to improve investment portfolios and dig deeper into the financial market. What Excel skills are most valuable for finance and accounting? Managing Data with Table Vlookup Index and match IF,AND,OR Pivot Tables and Power Pivot Named Ranges Array Formulas Custom number formats Conditional Formatting Special types of paste Text-To-Columns…

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Corporate governance and ICICI | Vskills Certification

Corporate Governance and ICICI

Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations set and pursue their objectives, while reflecting the context of the social, regulatory and…

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Regional Economic Integration (REI)

Indian Telecom and Taxation

Indian telecom industry with over Rs.2.5 trillion debts is reigning under huge financial stress as it is generating revenue of only around Rs 1.5 trillion with increasing competition both from within the sector and from OTT players is inhibiting the growth of telecom companies. In addition to these government policies has made the matter worse. The main purpose of this article is to understand the current status of Indian telecom industry and how government current…

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Is govt dept affects consumption of citizen ?

Is govt dept affects consumption of citizen ?

When the government cuts down the taxation rate then it faces budget deficit (expenditure over the revenue ); which is financed by borrowings from RBI. Then in future the government has to repay the loan to RBI . For this government will raise tax in future. Thus today fall in taxes will lead to rise tax in future; So we can conclude government debt is equivalent to future taxes. Now the question is – will…

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Forward and Future Contracts Difference

Forward and Future Contracts Difference

Forward contract is an agreement between two parties under which one party agrees to buy from the other party a specified amount of an asset on a specified date at a specified price.The investor agreeing to sell the product holds as short forward contract and the buyers holds a long forward position. A future contract is a standardized tradable contract between two parties to trade a specified asset on a specified date at a specified…

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Inclusive Growth

Inclusive Growth

Does inclusive growth has been happened to our country? Looking at the rates of poverty, unemployment and malnutrition in India, I would say no. Probably growth is important, but only reaches a selected few. Probably classism exists here too. Probably growth helps only a few classes and enables them to live a better life. Probably it is not just growth that leads to a better life but other elements and factors that are often missed…

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How financial inclusion of poor will lead to our country’s growth” is locked How financial inclusion of poor will lead to our country’s growth

How financial inclusion of poor will lead to our country’s growth

Financial inclusion is the process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low income groups at an affordable cost in a fair and transparent manner by mainstream Institutional players. Financial inclusion efforts seek to ensure that all households and businesses, regardless of income level, have access to and can effectively use the appropriate financial services they need to improve their lives. Currently, the world’s…

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E-Commerce Discounts

E-Commerce Discounts

E-commerce Discounts – Capital expenditure or revenue expense Discounts by e-commerce companies have come under the tax net. E-commerce companies have been providing discounts to offer better prices to consumers and compete with established and other e-commerce players. E-commerce discounts have been reclassified as capital expenditure instead of revenue expenses.  This small change might not ring a alarm but, amongst e-commerce companies, it translates that the discount which was added to loss figures, will be…

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GST E-way Bill Common Questions

GST E-way Bill Common Questions

  E-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees as mandated by the Government in terms of section 68 of the Goods and Services Tax Act read with rule 138 of the rules framed there under. It is generated from the GST Common Portal by the registered persons or transporters who cause movement of goods…

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Highlights of the Union Budget 2018

Highlights of the Union Budget 2018

Highlights of the Union Budget 2018 Here are some of the highlights from the Union Budget 2018-19 presented by the Finance Minister Arun Jaitley in the Parliament on February 1, 2018. Taxations — No changes to income tax to individuals — Standard deduction of Rs 40,000 allowed for salaried class — For senior citizens, exemption of interest income on bank deposits raised to Rs 50,000 — 85.51 lakh new taxpayers have filed returns for FY17…

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