Financial Modeling is a tool that helps you forecast the future of your business.With the Covid-19 induced pandemic having disrupted economies around the world, companies have been in a fire fighting mode. Thus there is a need to forecast your business activities using the financial modeling tool.
Section 196 and 197 of the Companies Act, 2013 and rules made thereunder read with the Schedule V provides for the appointment and remuneration of Managing Director, Whole-time Director or Manager respectively. This article discusses the provisions of appointment of such managerial personnel.
MCA clarifies on holding AGM through video conferencing or audiovisual means during the calendar in the year 2020, subject to the fulfillment of some requirements.
Partnership is a form of business organization, where two or more persons join together for jointly carrying on some business. It is an improvement over the 'Sole -trade business ', where one single individual with his own resources, skill and effort carries on his own business.
Holding of General Meetings in COVID-19 situation
As per the Finance Act 2020 various amendments have been brought in the Income Tax Act. Amendments like conditions to qualify as a non-resident will take effect from the 1/04/2020
Impact of COVID-19 situation on Audit of Financial Statements
SIDBI's new COVID-19 Startup Assistance Scheme (CSAS)
TCS operates on the very principle of TDS i.e. Tax Deducted at Source but in practical operation, it is exactly opposite of it.We shall focus upon the provisions of TCS as applicable (under Section 206C of the Income Tax Act, 1961).
We have always thought that USDINR is a function of inflation & interest rates prevalent. That there is a cause and effect relationship and this can't be thought the reverse way. Why is it difficult to think that this derivative equation is a vector, i.e. moves only in one direction? Why can't we influence the interest rates & inflation in the economy by tinkering with USDINR?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English