Income tax act is such an enactment where the person who earns income have to pay tax to the government. Based on various committee recommendations and considering practical situations as well inflation, economic development the government provides minimum exemption limit and various slabs of taxation. It is normal that the assessee can claim deduction for…
The term income tax refers to a type of tax that governments impose on income generated by businesses and individuals within their jurisdiction. By law, taxpayers must file an income tax return annually to determine their tax obligations. Income taxes are a source of revenue for governments. They are used to fund public services, pay…
One Person Company Registration – OPC Registration Procedure in India The concept of One Person Company is first introduced in the companies act 2013. In a Private Company, a minimum of 2 Directors and 2 Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. As…
Mutual assistance and service are the objectives as distinguished from the aim of the other forms of organization, which is primarily making of profit. It aims at encouraging self-help on the part of economically weaker sections of the society by looking after a truly cooperative society is the elimination of profit and provision of goods…
LLP Registration Process Limited liability partnership is a form of organisation which is a best alternative for partnership firms. Limited Liability Partnership Act 2008, contains the provisions for incorporation of LLP. The important point to be noted here is , there is not separate registration authority for LLP, it is through MCA website , we…
Just look on every business and just try to understand which is their strongest link for success, sure in most of the cases the answer will be employees. Employees will be happy if they feel they have a sense of belonging with the company and are able to identify them with the company. A well…
SAMRIDH Scheme The Ministry of Electronics and Information Technology recently announced the Startup Accelerator for Product Innovation, Development & Growth (SAMRIDH) programme, which aims to help growing startups in India. India is the third-largest unicorn hub, with 63 unicorn startups with a total valuation of $168 billion. SAMRIDH aims to further boost and strengthen this…
Being an incorporated institution it is mandatory that various periodical filings need to be done within the time frame specified. Various laws have specified and given details the form name, time frame, attachments, process to be followed etc for each type of filings. Filings under Companies Act Upon company incorporation, there are various compliances under…
1. _________ is a mode of direct marketing owes to well structured communications in the form of catalogs. Telemarketing Marketing promotion E advertising Publicity answer: (A) Telemarketing 2. _________ is ether the head of marketing department or a major brand and is responsible for the brand strategy and its implementation, important for complete performance of…
1. Wave ______________ is to pitch as wave ______________ is to loudness. length, frequency peak, trough frequency, amplitude pressure, distinctiveness Correct answer: (C) frequency, amplitude 2. Damage to your olfactory membrane would most likely impair your ability to smell feel pain hear see Correct answer: (A) Smell 3. When detecting colour, hue depends on ______________…
