With the passage of Companies� Act 2013 a mandatory responsibility under section 135 was cast on companies to spend 2% of the net profit as calculated under section 198 of the Companies Act on the activities listed therein and being social and
The new Companies Act 2013 has changed the regulatory face of the corporate India. The new regulatory changes including greater transparency, increased disclosure norms and sea-changes in various provisions like Loans and Deposits have been the large
CBDT vide a Press release dated 09.01.2020 has rolled back the non-applicability clauses inserted through Notification 01/2020 dated 03.01.2020.
1. Explain the concept of Working Capital. Ans: The term working capital refers to the amount of capital which is readily available to an organization. Working capital finances the Cash Conversion Cycle of a business-the time required to convert raw
Budget 2014 has proposed the following income tax rates For Individuals below 60 years age (including Woman Assessees): Income Tax Rate Upto 2,50,000 Nil 250,000 to 5,00,000 10% of the
With the Introduction of Point of Taxation Rules (herein referred as POT Rules), 2011, the government has primarily shifted the policy of collection of service tax on the realization of value of taxable services to the point when the service is de
You must have heard about some of Charitable Trust or Religious Trust or any Trust which is doing both. You could find that in the form of NGOs, Mandir Trusts, ..
Education is the bridge between a person and his desire. Today's generation haldling the pressure of education lots more than expected. Education is considered as the key to success in all aspects whether its personal,social,economical, or m
This document summarises the changes made/proposed in the Union Budget 2021, under the GST Law – Section wise, in a comparative manner, for easy digest.
In re M/s Medivision Scan and Diagnostic Research Centre (P) Ltd. (GST AAR Kerala)The Kerala Authority for Advance Ruling (AAR) recently held that the services ..
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English