difference between psu and gov co
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2011
sir,
please tell me what is the difference between government co. and psu...???
please tell me what is the difference between government co. and psu...???
20 February 2011
company owned, managed and controlled by the central, state or local government are termed as public sector enterprises or public enterprises. These are known as public sector undertakings.
thses are owned and managed by the government with a view to maximise social welfare and uphold the public interest.
Public enterprises consist of nationalised private sector enterprises, such as, banks, Life Insurance Corporation of India and the new enterprises set up by the government such as Gas Authority of India (GAIL), State Trading Corporation (STC), SAIL etc.
In PSU Govt share may not be 100 % but Government companies Govt Share will be 100%
thses are owned and managed by the government with a view to maximise social welfare and uphold the public interest.
Public enterprises consist of nationalised private sector enterprises, such as, banks, Life Insurance Corporation of India and the new enterprises set up by the government such as Gas Authority of India (GAIL), State Trading Corporation (STC), SAIL etc.
In PSU Govt share may not be 100 % but Government companies Govt Share will be 100%
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- Inter corporate deposits
- Regarding appeal to GSTAT
- Invoice V/S Goods receipt Note Date
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Transporter Declaration form
- Capital gains on sale of agricultural land and house constructed on the land
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
