Amit Puggal's Page

Financial reports and Ratio Analysis is not a good measure to analyze performance of any organization. I know, I am quoting a very strong statement to put my point. This is just to make the topic more interesting.
In most of the cases, book value of shares is just 10-20 % of the market value of the shares. Reason for the same is that financial reports are reported on book value basis and does not include intangible assets efficiently. There is lacuna in our financial and accounting system that w… Continue

Every investor should keep three things (safety, liquidity and return) in his or her mind before investing in any investment options. Safety and liquidity have inverse relation with returns from the investment. Investor should also know how much he or she is trading off between aforesaid three things. I believe one of the main reasons for recession was investor’s greed and naked position in the market. Most of the people said investor could not get return in recessionary period. But according to… Continue

Indian government has been contemplating for the new tax law for past numbers of years. UPA government came with a draft of new tax law for the public response and suggestions. This is popularly known as Direct tax code (DTC). Purpose of coming with the new tax legislation is too many provisions and definitions in the existing law and more than that it is very old, it should be change with this dynamic world. It is very difficult to tell that DTC would be a boon or bane for the public. Some of t… Continue