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Strategies for Building Relationship

Today, building a relationship is a vital key to marketing success. All successful businesses regardless of what they do or sell have one thing in common they know how to build and maintain relationships. They not only communicate with clients for sales but also build relationship. It’s a terrific way to add value and position against your competition. Here are some relationship-building strategies that will help transform your company into a valuable resource: Encourage Honest Feedback – Encourage constructive criticism…

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Revision in tax pacts to push advance pricing agreements

Source : Business Standard India will renegotiate its tax treaties with Germany, France, Singapore, Italy and South Korea to pave the way for bilateral advance pricing agreements (APAs) with these countries. If renegotiation takes long, it might also consider unilaterally changing its position in the treaties to allow multinationals sign APAs in India and avoid conflicts with tax authorities over their share of taxes. “There are two options: You negotiate tax treaties, but that is time-consuming. The second is: The…

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Qualities of a Good Leader

Most people have a tough time explaining what it means to be a good leader. However, everyone can recognize that sort of leadership when they see, experience or are in the presence of it. While knowing a great leader can certainly improve the quality of our lives, understanding how to become one yourself is the most important step of achieving your own successful life and career. People with strong leadership qualities are almost always the ones that rise above the…

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Narendra Modi to visit Japan Aug 31-Sep 3

Source :  Indo-Asian News Service @indiacom Civil nuclear energy and defence cooperation will come up for discussion during Prime Minister Narendra Modi’s Aug 31-Sep 3 visit to Japan, his first bilateral visit to a country outside India’s immediate neigbourhood. Modi will meet his Japanese counterpart Shinzo Abe for the annual summit between the two countries. He will also call on Emperor Akihito. The external affairs ministry said in a statement that India and Japan have a strategic and global partnership.…

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Rs 30,000 cr India-France Missile Project in Trouble

Source : news.oneindia.in An Indo-French proposed joint venture expected to be worth around Rs.30,000 crore to develop short range air defence missiles seems to have run into rough weather as Indian Air Force feels that its requirements could be met by indigenous Akash surface-to-air missile weapon system. The proposed joint venture is planned between DRDO and the French missile manufacturer MBDA under which they were planning to produce short-range surface-to-air missile (SR-SAM) systems for the Indian Air Force for the…

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India to Become Single Market for First Time

Source : www. bloomberg.com More than six decades after it achieved independence, India has yet to have a single internal market, with its economy divided up by state taxes on commerce. That may be about to change, following the reversal by one of the biggest foes of a national sales tax — Narendra Modi, the prime minister who took office in May. After opposing a goods-and-services tax during his 12 years running Gujarat state, Modi has pulled his ruling party…

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Debt Funds Bought Last Year Can Attract Higher Tax

Source : www.livemint.com Finance minister Arun Jaitley cleared the air around new taxation rules for debt funds that were announced in the budget earlier in July. Though there were fears of retrospective tax—and Jaitley did give some respite to debt funds—the respite isn’t much. If you purchased debt fund units before 1 April 2014 and still hold them, you will have to pay short-term capital gains tax (STCG) if you sell them before three years. Budget 2014 increased the threshold…

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Tax Cuts Coming To India, Finance Minister Says

Source : Forbes, July 17, 2014 The new government of Narendra Modi is committed to deeper tax cuts, and reforming its tax structure. Top down investors take note. This is what you were hoping for from newly minted Finance Minister Arun Jaitley. In an interview with the Times of India, published on Tuesday, Jaitely said, ”higher taxation is against the (Modi’s) ideology.” Jaitley released the country’s new budget on July 10, but many investors were disappointed, hoping for more clues…

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Luca Pacioli – Father of Accounting

Can world economy function well without Accounting? Well we all know the answer is no. The science of accounting in very essential for the world economy to run. There will be no way to understand the financial picture of a company without an accurate way to keep track of investments, expenditures, depreciation and more. Lack of accounting will kill commerce, capital investment and other transactions that keep the economy running. More fundamental is the question, why should we care about…

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Welcome to Udyen Jain & Associates

Udyen Jain & Associates is an Audit, Tax and Advisory Firm. An excellent financial consultant registered with The Institute of Chartered Accountants of India (ICAI), New Delhi. The firm is established in 1996, having its presence in India and partnerships in Spain, Vietnam and Japan. With a track record of over 18 years, the firm is providing less than one roof, services in the field Audit and Assurance, Tax and Regulatory Advisory, Corporate Advisory and Recovery, Financial and Business Advisory,…

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