Capital Receipt and Revenue Receipt In many situations it is found difficult to differentiate between capital and revenue receipts, but...

Procedure for a constitutional amendment The amendment to Indian constitution is possible but not an easy one. The constitution cannot be...

The Constitution of India came into force on 26th January, 1950. At the time of its adoption, the Constitution contained 395 Articles and...

Every written constitution in the world has its own unique characteristics, and no exception is the Indian Constitution. But the Indian...

Judicial Precedent The term stare decisis says the decision of courts becomes precedents to be followed in future cases of a similar...

Kelson’s Pure Theory Law Hans Kelson (1881-1973)- Hans Kelson was Austrian Jurist. He was born at Prague in Austria in 1881 and was a...

Depreciation is what happens when assets lose value over time until the value of the asset becomes zero, or negligible. Depreciation can...

Legal Provision Section 152(6) of the Companies Act, 2013 read with rules Companies (appointment and qualification of directors) Rules,...

GeM, public procurement portal Minister Piyush Goyal called upon Government e-Marketplace (GeM) to expand its scope and Include more...

The first wave of Covid 19 was not much harsh on India, even if it was very much harsh on many other countries. There were continuous...

India and Japan To boost cooperation in the field of Information & Communication Technology (ICT) which includes 5G technologies, Smart...

Government’s responsibility under tort is regulated by the principles of public law derived from the British Common Law and the...

The basic concept of food security globally is to ensure that all people, at all times, should get access to the basic food for their...

In view of the stagnating food grain production and an increasing consumption need of the growing population, Government of India has...

The growth stage of a new venture that is late in the “Early Stage” continues into expansion stages that typically require mezzanine or...

Income Tax Act 1961 is the comprehensive act which talks about income and taxability aspects. Calculation of income , types of income,...

Import or export happens through air, water or land modes. These can be imported or exported as cargo or through courier channel. There...

1. Compound interest Compound interest is interest on the amount of money you have deposited or borrowed. When you’re investing or...