National Pension Scheme is a defined contribution retirement savings scheme intended to urge the working class to set aside a part of their earnings so as to have an adequate income at/after the time of retirement.
You can now take a loan against the equity shares held in your Demat account. This is a convenient way in which you can get the money you were looking for without having to sell any of your assets. You can simply draw a loan and use your equity holdings as collateral.
The total managerial remuneration payable by a public company, to its directors, including managing director and whole-time director, and its manager in respect of any financial year shall not exceed eleven percent of the net profits of that company for that financial year
A taxpayer, before looking at investing in any tax-saving instruments, needs to first be aware and understand the total tax liability applicable. To get to most effective and efficient way of tax saving ,one should know first calculate amount payable .
CBIC clarified that the remuneration paid to independent directors, or that director who are not employees of the said company, is taxable in hands of the company, on a reverse charge basis.
This is a classic example of a secretarial auditor being penalized by the Registrar of Companies for failing to report material-related party transactions in their secretarial audit report.
Arjuna (Fictional Character): Krishna, the taxation of development rights has changed from 1st April, 2019. What are the changes and also what is TDR/JDA?
This standard became mandatory on 1st Jan 2013. It took 8 years since 2005 to evolve itself as a mandatory standard in 2013. Ind AS 113 is the Indian version of IFRS 13.
Two credit cards on one account refers to have multiple credit cards linked to the same credit card account.
A Chartered Accountant's inspiring journey from a Rs 1.92 lakh articleship stipend to a Rs 57.8 lakh salary at KPMG Sweden highlights the long-term career growth potential in the CA profession.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English