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Financial Management

Mutual Fund Myth Buster

Mutual Funds are one of the most suitable investment instruments for investors. Here we bust some misconceptions that have led the investors to remain skeptical about them. To give a fair and real understanding about the instrument, here are some facts about Mutual Funds: 1. Myth: “You need to be …



who can opt for composition scheme ? A registered person , whose aggregate turnover in the preceding financial year did not exceed Rs. 150 lakhs rupees can opt for composition scheme. this limit can be further increased up to Rs 2 crore.   for example :-  if I have turnover in FY …



Introduction Job-work sector constitutes a significant industry in Indian economy. It includes outsourced activities that may or may not culminate into manufacture. The term Job-work itself explains the meaning. It is processing of goods supplied by the principal. The concept of job-work already exists in Central Excise, wherein a principal …


Reverse Charge under GST

Meaning of Reverse Charge under GST As per section 2(98) of CGST Act, 2017 “reverse charge” Means the liability to pay tax by the Recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub-section (3) or subsection (4) …

Financial Management


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Financial Management


What is a Mutual Fund? A mutual fund is a pool of money managed by a professional money manager. The objective and the risk level are outlined in a document called a prospectus. The prospectus provides detailed guidelines for the types of investments the manager can purchase. A mutual fund …


Cost Accounting Standard

CAS Title 1 Classification of Cost 2 Capacity Determination 3 Production and Operation Overhead 4 Cost of Production for Captive Consumption 5 Determination of Average Cost of Transportation 6 Material Cost 7 Employee Cost 8 Cost of Utilities 9 Packing Material Cost 10 Direct Expenses 11 Administrative Overheads 12 Repair …