#ChoiceBroking #EquityBazaar: Today, We may witness mild positive opening in Nifty around 8177 level on back of SGX Nifty and other Asian counters which is trading on negative note today.
#ChoiceBroking #Morning Tea: The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.
Research paper: Analysis of the Demonetization and GST Impact on the Indian Economy. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
#ChoiceBroking #EquityBazaar: Today, We may witness mild positive opening in Nifty around 8177 level on back of SGX Nifty and other Asian counters which is trading on negative note today.
#ChoiceBroking #Morning Tea: The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.
Research paper: Analysis of the Demonetization and GST Impact on the Indian Economy. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
Impact of Demonetization on Finance sector. Sandesh S Chimbalkar T.Y.BBI KSD'...Sandesh S Chimbalkar
A Research paper on Impact on Demonetization of Finance sector with regard to tax collections and perceptions of Chartered Accountants regarding the same.
FINANCE BILL 2012 – MAJOR ISSUES AND CHALLENGESNeha Sharma
The Finance Bill 2012 was presented in the Lok Sabha recently and is under consideration of the Parliament. A very heated debate is happening on several new provisions and issues arising there from.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
At the outset, the new BJP led NDA Government is to be congratulated for winning the General Election with a thumping majority. The agenda of the BJP government in the shape of their visionary Election Manifesto will lead the direction to a Growth oriented, people friendly, consensus driven policies.
Daily sgx sinagpore report by epic research singapore 16 th september 2014Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
Charade & Shadows of India's Currency Remonetization 2016Shantanu Basu
Briefly analyzes India's currency remonetization and concludes that there murky details in the background that do not synch with the stated official objectives.
Impact of Demonetization on Finance sector. Sandesh S Chimbalkar T.Y.BBI KSD'...Sandesh S Chimbalkar
A Research paper on Impact on Demonetization of Finance sector with regard to tax collections and perceptions of Chartered Accountants regarding the same.
FINANCE BILL 2012 – MAJOR ISSUES AND CHALLENGESNeha Sharma
The Finance Bill 2012 was presented in the Lok Sabha recently and is under consideration of the Parliament. A very heated debate is happening on several new provisions and issues arising there from.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
At the outset, the new BJP led NDA Government is to be congratulated for winning the General Election with a thumping majority. The agenda of the BJP government in the shape of their visionary Election Manifesto will lead the direction to a Growth oriented, people friendly, consensus driven policies.
Daily sgx sinagpore report by epic research singapore 16 th september 2014Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
Charade & Shadows of India's Currency Remonetization 2016Shantanu Basu
Briefly analyzes India's currency remonetization and concludes that there murky details in the background that do not synch with the stated official objectives.
Can\'t we all just get along? Introducing Ajax and making a site accessible each present their own unique challenges to development teams. Most see these as being in direct competition with each other. But, by embracing some new development approaches they can end up being complementary. We will look at how best to tackle making Ajax-based features accessible and point out some of the added benefits that come with taking such approaches.
The issue of widening of tax base of the country has been a subject matter which has received considerable attention of the successive Governments over the years. There has been intense debate on the subject in the recent past also. FICCI has come up with an analysis in the form of a paper titled ‘Widening of tax base and tackling black money’. The document identifies the root causes of generation of black money in India, sectors where black money generation is prevalent and suggestions to uncover the generation, accumulation and distribution of black money within the Indian economy. A copy of the aforesaid study has been submitted to the Revenue Secretary and other officials of the Ministry of Finance.
Equity View:
Markets are moving into earnings season and initial results of few corporate entities seem good enough,
starting with Indusind Bank followed by Infosys. The numbers of these companies were expected to come
out well thus this outcome is not surprising from sectors like Private Sector Banks, IT, FMCG and Pharma
which are expected to perform well. There are few sectors like Capital Goods, Public Sector Banks and old
Infra Companies which can show subdued results. We expect domestic factors like government policies
to drive the market in absence of global cues. IIP data is set to come out today and is expected to be flat;
Inflation is also expected to be higher due to base effect.
Real estate markets have a cycle of around 5 – 7 years thus an off-take seems distant, however buying
could initiate after 2 – 3 years. A rate cut acts as a catalyst but it cannot help in a sudden pick-up of
demand.
There is always a trend and a counter trend in the movement of an asset class. We need to see the long
term trend. In commodities there is bearish long term trend so counter trend is bullish and thus,
currently we are seeing a counter trend in this asset. Similarly, if we have a bullish long term trend for
equity markets then from time to time there would be correction which is also happening now and this is
known as counter trend. The incremental savings of the government can either be used in the form of an
investment, subsidies or 7th Pay commission arrears. This definitely leads to correction in equity markets
but it doesn’t lead to bearish phase. If everyone is hopeful about the turnaround of Indian story and
economic revival then no one exits completely from the stock markets. Larger expectations are that
investments will certainly pick up and we all are hopeful about it.
News:
DOMESTIC MACRO:
Indirect tax collection rose 35.8% to over Rs. 3.24 lakh crore in the first half of the current fiscal.
Indirect tax collection in the period from April to September in the last fiscal stood at about Rs.
2.38 lakh crore.
The International Monetary Fund (IMF) in its latest World Economic Outlook has lowered India’s
growth forecast for FY16 to 7.3% from its July forecast of 7.5%. Growth is expected to bounce back
to 7.5% in 2016-17 on the back of reforms, pick-up in investments and lower commodity prices.
The Reserve Bank of India (RBI) will be increasing the investment limit for Foreign Portfolio
Investors (FPIs) in Government Securities to Rs. 1,79,500 crore by January 1 from the existing Rs.
1,53,500 crore.
The Cabinet approves a Railway Ministry proposal to pay bonus equivalent to 78 days’ pay, with a wage
ceiling of Rs 3500 a month.
UK economy is showing signs of posting a strong pull-back. China on the other hand is facing the prospects of a slower growth this year. We cover this in the section on *Global Trends* in this month’s issue of Economy Matters.
In the section on *Domestic Trends*, we discuss the trends emanating out of the recent releases on GDP, Balance of Payments, IIP and Inflation during the month of February 2014.
In *Investment Tracker*, we analyse the latest data on investment proposals.
The *Sectoral* spotlight for this issue is on Travel & Tourism, which holds strategic importance in the Indian economy providing several socio economic benefits.
In *Focus of the Month*, we discuss the employment creation challenge that the economy is facing currently. In addition to our own analysis, we have carried articles from eminent experts on the subject.
Newsletter on daily professional updates- 16th September 2019CA PRADEEP GOYAL
“Knowledge has to be improved, challenged, and increased constantly, or it vanishes.” Here is your Daily dose of professional updates in newsletter form- 16th September 2019
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2. Index
Section
Particulars
Quotes of the Day
Section 1
Market Watch
Section 2
Economy Updates
Section 3
Amendments
Section 4
Seminar
Section 5
Job/ Empanelment's
Section 6
Sports
Section 7
Politics
Section 8
Movies Updates
Section 9
Amazing Facts
Section 10
Education
Section 11
WorldNews
Section 12
Science and Technology
Section 13
Spirituality
3. Quotes of The Day
एकफायएकककसानकाघोडाफीभायहोगमा।उसनेउसकेइराजकेलरएडॉक्टयकोफुरामा।डॉक्टयनेघोड़ेकाअच्छेसेभुआमनाककमाफोरा,"आऩकेघोड़ेकोकापीगॊबीयफीभायीहै।हभतीनददनतकइसेदवाईदेकयदेखतेहैं,अगयमहठीकहोगमातोठीकनहीॊतोहभेंइसेभायनाहोगा।क्मोंककमहफीभायीदूसयेजानवयोंभेंबीफ़ैरसकतीहै।" महसफफातेंऩासभेंखड़ाएकफकयाबीसुनयहाथा।अगरेददनडॉक्टयआमा,उसनेघोड़ेकोदवाईदीचरागमा।उसकेजानेकेफादफकयाघोड़ेकेऩासगमाऔयफोरा,"उठोदोस्त,दहम्भतकयो,नहीॊतोमहतुम्हेंभायदेंगे।”दूसयेददनडॉक्टयकपयआमाऔयदवाईदेकयचरागमा।फकयाकपयघोड़ेकेऩासआमाऔयफोरा,"दोस्ततुम्हेंउठनाहीहोगा।दहम्भतकयोनहीॊतोतुभभायेजाओगे।भैंतुम्हायीभददकयताहूॉ।चरोउठो”तीसयेददनजफडॉक्टयआमातोककसानसेफोरा,"भुझेअफ़सोसहैककहभेंइसेभायनाऩड़ेगाक्मोंकककोईबीसुधायनज़यनहीॊआयहा।" जफवोवहाॉसेगएतोफकयाघोड़ेकेऩासकपयआमाऔयफोरा,"देखोदोस्त,तुम्हायेलरएअफकयोमाभयोवारीस्स्थततफनगमीहै।अगयतुभआजबीनहीॊउठेतोकरतुभभयजाओगे।इसलरएदहम्भतकयो।हाॉ,फहुतअच्छे।थोड़ासाऔय,तुभकयसकतेहो।शाफाश,अफबागकयदेखो,तेज़औयतेज़।”इतनेभेंककसानवाऩसआमातोउसनेदेखाककउसकाघोडाबागयहाहै।वोख़ुशीसेझूभउठाऔयसफघयवारोंकोइकट्ठाकयकेचचल्रानेरगा,"चभत्कायहोगमा।भेयाघोडाठीकहोगमा।हभेंजश्नभनानाचादहए।आजफकयेकागोश्तखामेंगे।" लशऺा:भैनेजभेंटकोबीकबीऩतानहीॊचरताकककौनसाकभमचायीककतनामोग्महै।
9. Current account deficit narrows
•India’s current account deficit (CAD) narrowed sharply to $7.8 billion (1.7 per cent of gross domestic product) in the first quarter of 2014-15 from $21.8 billion (4.8 per cent of GDP) in the year ago period. However, it was higher than $1.2 billion (0.2 per cent of GDP) in Q4 of 2013-14. “The lower CAD was primarily on account of a contraction in trade deficit contributed by both a rise in exports and a decline in imports,” said the Reserve Bank of India (RBI) in a press release on Monday.
•On a Balance of Payments (BoP) basis, merchandise exports, at $81.7 billion, increased by 10.6 per cent in the first quarter of 2014-15 as against a decline of 1.5 per cent in the first quarter of 2013-14. On the other hand, merchandise imports, at $116.4 billion, moderated by 6.5 per cent as against an increase of 4.7 per cent.
•The decline in imports was primarily led by a steep drop of 57.2 per cent in gold imports, which amounted to $7 billion, significantly lower than $16.5 billion. “Notably,” said the RBI, “non-gold imports recorded a modest rise of 1.3 per cent as against a decline of 0.6 per cent in the corresponding quarter of last year reflecting some revival in economic activity.” As a result, merchandise trade deficit (BoPbasis) contracted by about 31.4 per cent to $34.6 billion in the first quarter of 2014-15 from $50.5 billion in the corresponding quarter a year ago. Net services receipts improved marginally on account of higher exports of services. Net services at $17.1 billion recorded a growth of 1.2 per cent in the first quarter of 2014-15.
Source: http://www.thehindu.com
11. •ACITVs. ShriMahesh ChunilalShah (ITAT Ahmedabad), ITA No. 210/Ahd/2011, Date of Order: 27/08/2014
•We further find that the Hon’bleMadras High Court in the case of CIT vs. KumararaniMeenakshiAchi(supra) has held that the differential treatment cannot be meted out to another co-owner while making the assessment of same property or while valuing the same property. In view of the aforesaid facts and relying on the aforesaid decision of Hon’bleMadras High Court, we find no reason to interfere with the order of Ld. CIT(A) and thus these grounds of Revenue are dismissed. -
Source: http://taxguru.in
Differential treatment cannot be meted out to another co-owner while making assessment of same property
16. Department Of Farmer Welfare And Agriculture Development
Last Date :03/09/2014Requirement of chartered accountant firms. Address:Department Of Farmer Welfare And Agriculture Development Bhopal Madhya Pradesh
Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity
18. IT WOULD BE EXTREMELY TOUGH FOR US TO HOST THE AGM THIS MONTH: BCCI OFFICIAL
TheBoardofControlforCricketinIndia(BCCI)mayfindittoughtohosttheAnnualGeneralMeeting(AGM)asscheduledbytheendofSeptemberaftertheSupremeCourtMondayignoredpleastoreinstateN.Srinivasanasitspresident.
WhathasstrucktheBCCIhardisalsothefactthattheapexcourtgavetwomoremonthstotheMukulMudgalCommitteetosubmitthefinalreportinthespot-fixingandbettingscandalinthe2013editionoftheIndianPremierLeague(IPL)thatinvolved13people,includingsomeprominentcricketers.ThecourthassetNov10asthenextdateofhearing.
AtopBCCIofficialtoldIANSthatitwouldbeextremelydifficultfortheboardtohosttheAGMasSrinivasanwasseekingre-electionforathirdterm.SrinivasanhasbeenremovedastheBCCIpresidentbytheSupremeCourtpendinginvestigatinginthespot-fixingandthebettingscandalinthe2013Indian
Source:http://www.firstpost.com
22. Big B has More Twitter Followers Than PM Modi
•Actor AmitabhBachchanhas 10 million reasons to celebrate being on Twitter. The social media-savvy star, who has been on Twitter since 2010, has now clocked 10 million followers on the microbloggingsite.
•In terms of Twitter popularity, MrBachchanoutstrips Indian Prime Minister NarendraModi, who has almost seven million followers, and fellow celebs Shah RukhKhan and PriyankaChopra who have almost nine and seven million followers each. (Also Read:AmitabhBachchanBusy With ShoojitSircar'sPiku) AmitabhBachchanhas been very active on the website, tweeting about his personal and professional life along with sharing nuggets of wisdom and connecting with his fans by replying to their tweets addressed to him in most cases. He also posts daily updates on his blog and Facebook. More social-networking power to you MrBachchan.
Source: http://movies.ndtv.com
24. Amazing facts
Chocolate can kill dogs, as it contains theobromine, which affects their heart and nervous system.
Because metal was scarce, the Oscars given out during World War II were made of plaster.
Source: http://indianrealist.com
28. BRITISHJIHADISTSTOBEFORCEDTOATTENDDERADICALISATIONPROGRAMMES, SAYSCAMERON
British jihadists returning from Iraq and Syria will be forced to attend “deradicalisation” programmesto reverse their warped brainwashing, David Cameron announced.
Dangerous fanatics made subject to court controls will be ordered to engage in anti-extremism schemes as part of a raft of new measures to combat the risk of British Islamists returning to the UK.
The move comes amid growing concern over the threat posed by Britons who have joined the terror group Isilin Syria and Iraq.
At least 500 are feared to have travelled out and half are now back on the streets of the UK, potentially plotted attacks here.
In a Commons statement, MrCameron said: “Adhering to British values is not an option or a choice
Source: http://www.telegraph.co.uk
30. BANGALORETOHOSTINDIANANOSUMMITINDECEMBER
India's technology hub,Bangalorewill host 'IndiaNano' summit Dec 4-5 to showcase research and development and applications in nano- science and nano-technology, an official said Monday.
"There is no part of human life that is not touched by nano-science and nano-technology, which deal with structures and materials on the scale of a nanometer, a unit of spatial measurement equivalent to one billionth of a metre," Karnataka Science and Technology Secretary SrivatsaKrishna said at a preview of the summit's seventh edition here.
Organisedby the science and technology department in partnership with the academia and industry, the two-day mega event will feature an international conference, product and technology expo, tutorials, research industry collaboration hub, nanofor the young programme, a poster session and excellence awards.
Source: http://www.business-standard.com
32. व्रत एवॊ ऩवम
विक्रम संित् 2071 बाद्रऩद शुक्र सप्तभी से आस्श्वन शुक्र षष्ठी तक
शक संित् 1936 याष्रीम बाद्रऩद 10 से याष्रीम आस्श्वन 8 तक
हिजरी सन् 1435 स्जल्काद 5 से स्जरदहज्ज 4 तक
Source: http://www.jagran.com/spiritual/panchang-news-hindi.html
2 ससतंबर श्रीयाधाष्टभी व्रतोत्सव (फयसाना), स्वाभी हरयदास जमन्ती (वृन्दावन) नन्दा अष्टभी, श्रीदुगामष्टभी व्रत, श्रीअन्नऩूर्ामष्टभी व्रत, दधीचच जमन्ती, भहारक्ष्भी अष्टभी-व्रत प्रायम्ब (ऩूवाांचर), रक्ष्भीकुण्ड-स्नान शुरू (काशी), ज्मेष्ठा नऺत्र भें ज्मेष्ठागौयी का ऩूजन, तन:शल्म अष्टभी (ददग.जैन), दुफरी आठभ (श्वे.जै.)
33. .
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