Accounts and tax used to be the key areas of concern for all corporates. But scenario changing rapidly. Violation of rules and regulations are becoming more and more severe in this liberalised market and causing concern for governments. Failure to follow accounting and taxation rules can be caught in different stages and can be less…
One of the major worry for company secretary students is problem papers. Most of them directly ask, whether, the course is theory oriented or problem oriented. Most of them never hesitate to express that they are weak in problem papers that is the reason they felt they can do company secretary course. To be frank…
Small businesses are real back bone of the economy. It contributes in the generation of profit as well as employment to many. The concept of small companies is given by the companies act 2013. The classification of small companies has a long route to enhance the small business in India. According to the companies act 2013…
Shri Narendra Modi Prime Minister and also in-charge of: Ministry of Personnel, Public Grievances and Pensions; Department of Atomic Energy; Department of Space; All important policy issues; and All other portfolios not allocated to any Minister CABINET MINISTERS 1. Shri Raj Nath Singh Minister of Defence 2. Shri Amit Shah Minister of Home Affairs; and…
The concept of Authorised Person was introduced in 2009 by SEBI. The term authorize person refers to a person who has been authorized by a stock broker to provide access to trading platform of a stock exchange in form an agent of such broker. Thus, it is a stock broker who appoints an authorized person.…
Income tax is not the only source of taxes for the government. It also collects indirect taxes such as TDS, TCS, and GST from us, by levying them on goods, services, and transactions. In the case of direct taxes, payments are made by the ones earning the money. In case of indirect taxes, it becomes…
Share holders of a company are the owners of the capital of the company but the real management is done by the board of directors of the company. They are the people who manages the funds of the company and take company to future. But in reality much of the powers of the board of…
1. Ab Initio – From the beginning. 2. Actionable per se – The very act is punishable and no proof of damage is required. 3. Actio personalis moritur cum persona – A personal right of action dies with the person. In other sense, if he dies the right to sue is gone. 4. Actori incumbit…
Section 89 of the Income Tax Act 1961. This particular section provides for relief to the assessee when there is a chance for increased salary in a year due to an arrear payment has happened in the previous years. This means a salary payment which should have been paid in any previous years, which are…
1. In India, when did the second phase of COVID-19 vaccination started? April 2021 B. January 2021 C. February 2021 D. March 2021 Ans. D Explanation: The second phase of vaccination for all Indians above th eage of 60 and also for the age braket of 45-60 started on 1st March, 2021. 2. what is Aspergillosis with…
