All of us encounter cheques on frequent basis. My urge to know more about the cheque begum when I was handed over the stipend cheque last month. All this while I had never paid heed to the intricacies of a Cheque. The only number I would focus when m
Dear Tax Payers , KYC is the buzzword first in Banks, next in Insurance Companies, and then Chartered Accountants offices .The Prevention of Money Laundering Act,2002 and Rules came into force from 1st July,2005, i.e., complet
New Delhi: The RAJYA SABHA on 13th May 2015 passed the Companies (Amendment) Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.The LOK SABHA in 2014 passed the Companies (Amendment) Bill, 2014, after
High Court has power to decide the correct position of law on admitted facts before Settlement CommissionReliance in this connection can be placed on the decision of Hon’ble Apex Court in case of M/s Asahi India Safety Glass Ltd reported in 201
Activities which are eligible for CSR expenditure in pursuance of Schedule VII of the Companies Act 2013 are as follows: Eradicating hunger, poverty and
Administration and Duties. 1. Appointment of Commissioner and other officers:Authorization for appointing a commissioner rests with the state government. Along with the commissioner, many Additional Excise and Taxation Commissioners, Joint
Financial Shenanigans includes aggressive or creative accounting, window dressing and accounting frauds with an intent to create a wrong impression about the financial performance and health of the enterprise. Dishonest compani
APPLICABILITY: all types of General Meetings.CONVENING A MEETING• Authority to call general meeting: Board of Directors. If they fail, any Member of the company may approach the prescribed authority, which may then direct the calling of the Annu
Hi, almost all of us are aware of investing in Mutual Funds and their respective Tax effects.However, some areas still remain Grey for some and one such area is Switching in Mutual Funds.What is
May 26, 2014 was a watershed moment in the history of Indian politics. The Macroeconomic scenario, for few years leading into 2014, was downcast with inflation running high, government having a huge fiscal and current account deficit and the GDP stay
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English