Monday, May 9, 2011

Central Excise Rules, CBEC 2002.

The Central Excise duty is levied in terms of the Central Excise Act, 1944 and the rates of duty, ad valorem (on value) or specific, are prescribed under the Schedule I and II of the Central Excise Tariff Act, 1985. The taxable event under the Central Excise law is ‘manufacture / production’ and the liability of Central Excise duty arises as soon as the goods are manufactured or produced. As per the Central Excise Act, duty is leviable only on excisable...
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Multinational Financial Management

International trade, financing and investments have grown at an extremely rapid pace in recent years, and the operations of corporations have become increasingly multinationalized. Corporate executives buying and selling goods and services, and making financing and investment decisions across national boundaries, have developed policies and procedures for managing cash .and this has resulted in the new era of multinational financial management.To...
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E- marketing

Internet marketing, also referred to as i-marketing, web-marketing, online-marketing or e-Marketing, is the marketing of products or services over the Internet.The Internet has brought media to a global audience. The interactive nature of Internet marketing in terms of providing instant responses and eliciting responses are the unique qualities of the medium. Internet marketing is sometimes considered to be broad in scope because it notonly refers...
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Electronic Money

A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services.....[1] The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user. Usage of the term "credit card"...
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Financial Management Responsibilities

The PFAA regulates the reciept and expenditureof http://www.blogger.com/img/blank.gifpublic money and provides for the auditing of the public money and provides for the degree of efficiency and economy with which publi resources are used.To know more about the following click on the link below:http://www.mediafire.com/download.php?24gufxbod7hq...
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An Information system is an organized combination of people, hardware, software, communication networks, and data resources that stores and retrieves, transforms, and disseminates information in an organization.To read more click on the following link:http://www.mediafire.com/download.php?a1qb6ktvz1wq...
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Internet Marketing

Internet marketing, also known as digital marketing, web marketing, online marketing, search marketing or e-marketing, is the marketing (generally promotion) of products or services over the Internet.Internet marketing is considered to be broad in scope because it not only refers to marketing on the Internet, but also includes marketing done via e-mail and wireless media. Digital customer data and electronic customer relationship management (ECRM)...
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Tuesday, February 15, 2011

What Is Prefferd Stock

It is actually possible in rare cases for a company to be controlled, effectively, by the preferred stock. In fact, I once wrote about this regarding a business called the Chase Candy Company. The preferred stock was a special type known as convertible preferred stock, giving the owners the right to turn their preferred stock into common stock and take control of the business. In addition, this special class of preferred stock was entitled to massive liquidation preference if the business were ever sold or shut down, meaning there was virtually...
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Valuing preferred stock is one of the easiest things you can learn, which is why I like to teach it to new investors early in their financial education. The best way to do that is to dive right in with a fictional scenario so you can see how the math works.Imagine that you buy 1,000 shares of preferred stock at $100 per share for a total investment of $100,000. Each share of preferred stock pays a $5 dividend, resulting in a 5% dividend yield ($5 annual dividend divided by $100 preferred stock price = 5% dividend yield). That means that you collect...
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Difference between Sale and Agreement to Sell

Section 4(1) of the sale of Goods Act defines a contract of sale of goods as – “a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price”.The definition of contract of sale of goods reveals that either actual sale or an agreement to sell both are covered under the act. But, there are certain differences between the two.Where in a contract of sale, the property in the goods is immediately transferred from the buyer to the seller it is called a sale.Where under a contract of sale, the transfer...
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The Concept of Occupational Safety and Health

Since 1950, the international labor organization (ilo) and the world health organization (who) have shared a common definition of occupational health. It was adopted by the joint ilo/who committee on occupational health at its first session in 1950 and revised at its twelfth session in 1995. The definition reads: “occupational health should aim at: the promotion and maintenance of the highest degree of physical, mental and social well-being of workers in all occupations; the prevention amongst workers of departures from health caused by...
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Perhaps more than any other HR activity, health and safety offer HR manager an opportunity to be more proactive than reactive. There are a number of strategies that can be used by organizations to ensure a healthy and safe workplace and ensure compliance with legal requirements. Some are: Design Safe and healthy systems of work Exhibit Strong management commitment Inspect Workplace for health and safety problems Establish Procedures and controls for dealing with health and safety issues Develop Training programs Set up Health...
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Topics for Employee Training Programs

Training can be defined as the process of “Transferring information and knowledge to employers and equipping employers to translate that information and knowledge into practice with a view to enhancing organization effectiveness and productivity, and the quality of the management of people.” It also means that in organizational development, the related field of training and development deals with the design and delivery of workplace learning to improve performance. The common topics for employee training and development programs are;Corporate...
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“E-learning is a technology area that often has both first-tier benefits, such as reduced travel costs, and second-tier benefits, such as increased employee performance that directly impacts profitability.” – Rebecca Wettemann, research director for Nucleus ResearchIn 2002, the International Business Machines Corporation (IBM) was ranked fourth by the Training magazine on it’s “The 2002 Training Top 100”. The magazine ranked companies based...
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Employee Training

ShareImproving business performance is a journey, not a destination. Business performance rises and falls with the ebb and flow of human performances. HR professionals lead the search for ways to enhance the effectiveness of employees in their jobs today and prepare them for tomorrow. Over the years, training programmes have grown into corporate with these goals in mind. Training programmes should enhance performance and enrich the contributions of the workforce. The ultimate goal of training is to develop appropriate talent in the workforce...
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Performance Management Process

Performance management process is composed of four main stages:Planning PerformanceManaging PerformanceReviewing PerformanceRewarding Performance1. Planning PerformanceAs with the introduction of any process, there first needs to be clarity about the primary reason for introducing performance management and a clear view about what it is expected to deliver in terms of results. There also needs to be strong commitment from the top to the introduction of process, as without this commitment it will be difficult to gain support from the lower...
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