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Friday, July 3, 2009

Opening for General Ledger Role - IBM Daksh

This is Summi from Speed Consulting. We are one of the reputed consulting firm serving too many clients Our client IBM-Daksh is looking people for Band 5, 6 (GL).Please have a look on below mentioned JD & Kindly reply with your C.V,Current CTC,Expected CTC,Notice Period.

Job Description:

Band-5-General Ledger
Excellent communication skills
Minimum 3 yrs experience in General ledger/general accounting
Preferably from the BPO industry
Qualified CAs preferred
Strong accounting skills
Fit for a SME role
Strong Excel skills
SAP exposure preferred
Passport mandatory
Flexible to work in all shifts
Band-5 Max Package:4 L

Band-6-General Ledger
Excellent communication skills
Experience in General ledger/general accounting from the BPO industry
Preferably a qualified CA with post qualification experience
Been in a client interfacing role
People management experience mandatory
Strong accounting skills
Willingness to work in shifts
Band-5 Max Package:4 L
Band 6 Max Package:5.8 L

Job Location:Bangalore

Note: Please Reply only if you think you have Excellent Communication skills.

Thanks & Regards
Summi
Research Executive
Speed Consulting Pvt. Ltd.
Bangalore
summi@speedconsult.com
9986072689


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Sr Manager-GL opening with a reputed & leading co.,-Bangalore

This is Savithri from Kelly Services. We have an immediate opening with one of our esteemed client for Sr Manager-GL position. Pls find the details below.

Position-Sr Manager-General Ledger ( Band - 7B level)
Exp-7+ yrs
Job location-Bangalore
Qualification-CA is a must
Looking for General Ledger expertise. Person should have very good exp & indepth knowledge of General Ledger process.

If interested send across your updated resume along with the following details for further processing.

Current CTC-
Expected CTC-
Notice period-


Thanks & Regards,
Savithri

Kelly Services India Pvt. Ltd.
(: 080-41911800, Ext: 829
savithri_l@kellyservices.co.in

http://www.kellyservices.co.in

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Tuesday, June 30, 2009

Will Budget '09' fulfill a billion expectations?

What is QIP (Qualified institutional placement)?

What is QIP (Qualified institutional placement)?

 
Qualified institutional placement (QIP) is simply the means whereby a listed company can issue equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares to a Qualified Institutional Buyer (QIB).


Apart from preferential allotment, this is the only other method of private placement whereby a listed company can issue shares or convertible securities to a select group of persons. However, it scores over other methods, as it does not involve many of the common procedural requirements such as the submission of pre-issue filings to the market regulator.

Why was it introduced?

The Securities and Exchange Board of India (Sebi) introduced the QIP process in 2006, to prevent listed companies in India from developing an excessive dependence on foreign capital.

The complications associated with raising capital in the domestic markets had led many companies to look at tapping the overseas markets via Foreign Currency Convertible Bonds (FCCB) and Global Depository Receipts (GDR) to fulfil their needs. To keep a check on this process and to give a push to the domestic markets, QIPs were launched.

What are some of the regulations governing a QIP?

To be able to engage in a QIP, companies need to fulfil certain criteria such as being listed on an exchange which has trading terminals across the country and having the minimum public shareholding requirements which are specified in their listing agreement.

During the process of engaging in a QIP, the company needs to issue a minimum of 10% of the securities issued under the scheme to mutual funds. Moreover, it is mandatory for the company to ensure that there are at least two allottees, if the size of the issue is up to Rs 250 crore and at least five allottees if the company is issuing securities above Rs 250 crore.

No individual allottee is allowed to have more than 50% of the total amount issued. Also no issue is allowed to a QIB who is related to the promoters of the company.

Why have qualified institutional placements been in the news lately?

The latest company which adopted the QIP route to raising capital is the cash-strapped real estate major Unitech. While Unitech has managed to garner Rs 1620 crore through QIP, the promoter holding has now come down to 51%. There are also reports that LIC Housing Finance is mulling over a QIP where it is expected to issue shares of the value of up to 10% of its total paid up capital.

 


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How File your IT return - Salaried employees - Just 10 Steps

  1. How to file the Income Tax return in India?

 

Income tax department made the procedure to file the Income tax return very easy and straight forward.  Please follow the following steps and you can file your Income tax return in 20-30 minutes.

 

If you don't have the PAN Card, apply for the PAN Card by filling up the following application form

 

How to Apply for a PAN Card

 

Application:

 

http://www.incometaxindia.gov.in/Archive/Form49aE.PDF

 

If you already have the PAN Card and would like to change the details (like address / other details)

 

http://www.incometaxindia.gov.in/Archive/ChangeForm.pdf

 

 

Both the forms can be submitted in the following locations:

 

http://www.utitsl.co.in/pan/search.php

http://www.tin-nsdl.com/TINFaciliCenter.asp

 

 


FILING the Income Tax Return:

 

 

Step 1: Register your PAN Card (Use the following URL for your PAN Card registration:

 

https://incometaxindiaefiling.gov.in/portal/register.do?screen=registerPage1

 

The procedure to register your pan card is very simple:

 

Step 2:  Login to your Income Tax account using your PAN Card

 

https://incometaxindiaefiling.gov.in/portal/login.do

 

 

Step 3:  Select appropriate type of Return Form

 

You need not worry as to which form has to be selected; the complete details are given in the link:

 

 

Which Form is Applicable?

 

 

 

For Individuals, HUF

S.No

For Þ

Individual

Individual, HUF

Source of Income ß

ITR-1

ITR-2

ITR-3

ITR-4

1

Income from Salary/Pension

2

Income from Other Sources (only Interest Income or Family Pension)

3

Income/Loss from Other Sources

 

4

Income/Loss from House Property

 

5

Capital Gains/Loss on sale of investments/property

 

6

Partner in a Partnership Firm

 

 

7

Income from Proprietary Business/Profession

 

 

 

 

Step 4:  Fill your return offline and generate a XML file.

 

Download Return Preparation Software for selected Return Form.

 

Sl. No.

Form Name

Return Preparation Software

Remarks

System Requirements

1

 ITR-1

Excel Utility(Version 1.0)

Updated on (24-June-2009)

MS Excel

2

 ITR-2

Excel Utility(Version 1.0)

Updated on (24-June-2009)

MS Excel

3

 ITR-3

Excel Utility(Version 1.0)

Updated on (24-June-2009)

MS Excel

4

ITR-4

Excel Utility (Version 1.0)

Updated on (24-June-2009)

MS Excel

8

ITR-5

Excel Utility (Version 1.0)

Updated on (23-June-2009)

MS Excel

9

ITR-6

Excel Utility (Version 1.0)

Updated on (23-June-2009)

MS Excel


I am struck how to fill the form:  Please follow the following instructions

 


Sl. No.

Form Name

Instructions

Form Description

1

AY 2009-10 Income Tax Return Forms Notification

AY 2009-10 Income Tax Return Forms Notification under Rule 12

2

ITR-1 (in Regular Font)

ITR-1 Instructions

For Individuals having Income from Salary & Interest

ITR-1 (in Large Font)

3

ITR-2

ITR-2 Instructions

For Individuals & HUFs not having Income Business or Profession from

4

ITR-3

ITR-3 Instructions

For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship

5

ITR-4

ITR-4 Instructions

For Individuals & HUFs having income from a proprietory business or profession

6

ITR-5

ITR-5 Instructions

For firms, AOPs and BOIs

7

ITR-6

ITR-6 Instructions

For Companies other than companies claiming exemption under section 11

8

ITR-7

ITR-7 Instructions

For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 13(4C)  or section 139(4D). (Not available for e-Filing)

9

ITR-8

ITR-8 Instructions

Return for Fringe Benefits

10

Acknowledgement

 

Acknowledgement

For salaried employees, you can just go through the Form 16 given by your employer and just fill the form going through your Form 16.  This is very simple and straight forward.

 

In the excel document you will have the following additional check facilities to check whether you are filling the form in the right way or not:

 

once you complete the excel form do the following steps:

           

                          This option will validates the data that has been entered

                           Once you are done, print the Form  

                       

 

                           Once you print your form, then you can click on Generate, this will

                           Create the XML document in the same location where you have

                           Saved your original excel document


Step 5: Login to your income tax account (See step 1) and click on relevant form on

            Left panel and select "Submit Return"

 

Step 6: Browse to select XML file and click on "Upload" button

 

Step 7: On successful upload acknowledgement details would be displayed. Click on

            "Print" to generate printout of acknowledgement/ITR-V Form.

 

Step 8: Incase the return is digitally signed, on generation of "Acknowledgement" the

Return Filing process gets completed. You may take a printout of the Acknowledgement for your record.

 

 

Step 9: Incase the return is not digitally signed, on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgement cum verification form. The tax payer has to fill-up the verification part and verify the same. A duly verified ITR-V form should be mailed to "Income Tax Department – CPC, Post Bag No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka, " BY ORDINARY POST ONLY within 30 days after the date of transmitting the data electronically.
ITR-V sent by Speedpost, Registered Post or Courier will not be accepted.
No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner. In case, Form ITR-V, is furnished after the above mentioned period, it will be deemed that the return in respect of which the Form ITR-V has been filed was never furnished and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by submitting the new Form ITR-V within thirty days. This completes the Return filing process for non-digitally signed Returns.

 

 

Step 10:  For any assistance in filing the ITR-V please contact the Public Relations

                Officer of the local Income Tax Office

 

Dear TaxPayers,


Please furnish the Form ITR-V to the Income Tax Department , CPC, Post Bag No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka BY ORDINARY POST ONLY within thirty days after the date of transmitting the data electronically .

ITR-V sent by Speedpost, Registered Post or Courier will not be accepted. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner.

Income Tax Department


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Sunday, June 28, 2009

50.000 + Jobs- Hottest Fresher & EXP Openings in India ( BE, Btech, Mtech, Msc, MCA, Bca, Bsc & More..)


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FreshVacancies.com

 

   Submit your updated resume here , apply before someone else steals your position.

 

 Current Running Requirements :
 
   
 
 
 
 
Regards,
Team Freshvacancies.com

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