Change is the norm of life on Earth. Change is inevitable.
Cryptocurrency in India has recently taken the path of robust growth amid the lack of regulations. However, things would soon be changing as the government and the RBI has recently hinted about floating a strong regulatory control on cryptocurrency to avoid money laundering and terror financing.
Section 149 of the Companies Act, 2013 states minimum and maximum number of the director that shall be in the company. The minimum number of directors in a private limited company is 2, for public limited it is 3 and for an OPC its1.
Section 12(4) of the Act says Notice of change in situation of RO shall be given to the ROC in the same form within 30 days (60 days in case of IFSC Companies) of such change.
The main role of CS in an organization is auditing the company's tax returns maintaining and, keeping books of accounts, advising the board of directors regarding the financial and legal risks of the company and ensuring that the company complies with statutory and legal regulations.
The name of the company can be changed by passing special resolution and with written approval of Central Government. Approval of Central Government is not required if the change relates to only addition or deletion of word Private to the name of the company.
Students need to bear in mind that there is a huge difference between the stipend and salary of a chartered accountants. In small businesses the job is usually manual, while it is mechanised in the Big Four.
The process of electronically filing Income tax returns through the internet is known as e-Filing or electronic filing of return. This means you no longer need to visit the nearest Income Tax Department's office to file your returns physically.
Most office workers these days require a decent grasp of Excel, and higher Excel skills can lead to advancement and leadership opportunities. Excel is a strong tool, but it can't do everything by itself.
This write up provides all such rates as prescribed under various Double Taxation Avoidance Agreements entered into between Indian and various foreign countries.
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