Dematerialization is the process by which physical share certificates are converted into digital or electronic form. These dematerialized shares are held in demat account that is held with a depository. The basic need is to smoothen the process of buying, selling, transferring and holding shares and also about making it cost-effective. All the shares are […]
Revised Guidelines for issue of GST concession certificate for purchase of vehicles by the persons with Orthopedic Physical Disability
One of the Most Important meetings in a company can be said is Board Meeting, reason being, the inception of any decision which affects the company starts from this meeting. All the brainstorming pertaining to planning till feedback of any undertaking by a company, is made vocal and communicated to all the Board members in […]
The implementation of GST can be considered as biggest yet controversial tax system in India. The government has been changing and introducing new rules almost every fortnight. Among all these rules and regulation lies a prominent aspect that is GST refund. We will today discuss one of many circumstances in which a taxpayer can apply for the credit that is lying in his/her Electronic Credit ledger account.
A business model is a model which describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. In other words, business model is essentially a blueprint of how services or products would be created and how the revenue would be generated.
An entity shall classify financial assets as subsequently measured at amortized cost, fair value through other comprehensive income or fair value through profit & loss on the basis of both: (a) The entity’s business model* for managing the financial assets and (b) The contractual cash flow** characteristics of the financial asset. *An entity’s business model […]
We all knows that Constitution of any Country is the supreme law of the land so same is the case of our Country. Before discussing the title we need to first understand the term ‘Constitutional Bodies’.
The section 44AD of the Income Tax Act contains special provisions for computing profits and gains of a business on presumptive basis. It is applicable in respect of eligible business / (es) carried by an eligible assessee.
Before readers go through the PMC bank scam it is important for them to understand the background of PMC bank:- ♠ PMC stands for Punjab and Maharashtra Co-operative Bank. ♠ The bank started on February 13,1984 ♠ The bank has a wide network of 137 branches across six states. ♠ The Bank stands among top […]
New clothes, sharing sweets, bursting crackers and lighting up our homes – The Diwali mode is on! But are you aware that the festival of lights also provides productive financial lessons? 1. Safety First When it comes to bursting crackers, parents instruct their kids to stay safe for avoiding any mishaps. Similarly, in our life, […]
