Giving a corporate guarantee to banks/lenders by a company, other than the borrower, that the loan will be paid back, is a usual practice in the normal course of trade and commerce across the world. By and large, a larger company (often a known flagship
DEAR ALL,The payment of Bonus (amendment bill ,2015 received the assent of the President on the 31st December, 2015 and now becomes an ACT.The payment of Bonus Act provides for the annual payment of bonus to employees of certain establishments (inclu
Greetings to all fellow 'Future Chartered Accountants'.I would like to share that the institute has compiled a list of Frequently asked questions in 'National Conventions/Conclaves' of CA students and their answers.These quest
Who will be entitled to set off Input Tax credit? Will any set off be allowed for credit on Input tax against Output Tax under upcoming GST? What will be the manner of utilisation of unadjusted input tax
It was almost 2.5 years we had been working with this company operating in Mumbai. When we started working with them, they were not availing an indirect tax (service tax) benefit that could have saved them millions of rupees. The Client was extremel
This is in continuation of my earlier blog on wherein a list of Compliances (Quarterly / Half Yearly / Annual) was enumerated by me and the Agendas of Board Meeting, Audit Committee and Upcoming General Meeting were enumerated. This blog is an attemp
INTRODUCTION Securities and Exchange Board of India (SEBI) on September 2, 2015 issued the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (�Listing Regulations�) with the aim to consolidate and streamline the provisions
Almost everyone has a tendency to save some excess money in his or her bank accounts, to use the same for any unplanned expenses in future, or during any unexpected situations, or even sometimes just as a factor of comfort. For this, a savings accoun
Important Amendment in FCRA 2010 - A precise articleHappy New YearThe FC wing of Ministry of Home Affairs of India has come up with a notification amending the Foreign Contribution (Regulation) Rules 2011 by which shall be known as Foreign Cont
Today,Global economy is lacking of short term funds & many companies are struggling to procure short term capital. Short term capital is very important as day to day worki
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