Dear All,

Cash flow is required to be prepared for Small Companies only. Definition of Small Company as per Companies Act is Paid up Capital below 50 lacs and Turn over 2 Crores in the last year. What does it mean? For the FY 2014-15, whether turn over for 2014-15 or 2013-14 is required to be considered? If T.O for 2013-14 is 90 lacs and for 2014-15 is 5 crores, is there any requirement to prepare cash flow ? (Paid up Capital is below 50 lacs)

Hello to all ... I have a confusion about contingent contract and indemnity contract. Books m se read karne par dono m kuch diff h smaj nhi aa RHA. pls guide me..

We are a newly opened Company having Share capital of Rs 100000/- and we are the Subsidiary Companies of Holding Company in USA. I have 2 queries on this.

1. How many Compliance of the newly private Limited Company in the Financial year.

2. Their is any detail to be Submitted to FEMA, because we are the Subsidiary company and the holding company in the USA.

difrence between contingent contract and indemnity contract.

how to retain in mind

Respected Readers, I want to ask that i had a cheque which get bounced by "Payment stopped by drawer" . so please guide me the best and fastest method of recovery of the amount. amount is two lakhs

Hello All,

A unit including other allowances in the wages for the gratuity purpose but as per gratuity act wages includes only basic+DA.

Now that unit want to go with law and doesn't want to include other allowances.
Whether is it lawful to discontinue other allowances as from many years it was including.

Is a Company under BIFR liable to pay export obligation penalty or any relief is available, if so, pl provide details

in case of transfer of 995 of shareholding to foreign entity whether approval of rbi required or not

Can any partnership firm have 2 or more current a/c in different banks