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Archive: 05 June 2020

Posts in 05 June 2020

Types of Account Maintained By Non-Resident In India (Part-2)

June 5, 2020 2418 Views 0 comment Print

In the continuance of the Types of Account Maintained By Non-Resident (Part-1) FOREIGN CURRENCY (NON-RESIDENT) ACCOUNT (BANKS) SCHEME [FCNR (B) A/C]: Q 1. Who can open FCNR (B) A/C? Ans: 1. Any Non-Resident Indian (NRI) & Person of Indian Origin (PIO) without any approval of the RBI with Authorised Bank. 2. Individuals/Entities of Pakistan and Bangladesh […]

Use Flash Fill In Excel and Feel Fresh

June 5, 2020 5247 Views 0 comment Print

Microsoft Excel is undoubtedly most user friendly tool and being extensively used all over the world. We might be using it daily or maybe casually, but probably always wished that we knew more about this dynamic program. Most of us don’t use even 5% of its capabilities. While most of us know use of VLOOKUP, […]

Eligibility of ITC on COVID 19 related Expenses – Potential Bone of Contention Between Assessee& Department

June 5, 2020 16620 Views 0 comment Print

Whether the expenses related to the preventive measures eligible for ITC? The above regulations require business to shell out money on various items like Sanitizers, Masks, Social distancing apps, Medical insurance of workers, Buses for transportation, disinfection of office spaces etc.

CSR | Section 135 | Companies Act, 2013 | CSR Rules, 2014

June 5, 2020 57678 Views 0 comment Print

Corporate Social Responsibility (CSR) | Section 135 of The Companies Act,2013 | The Companies (Corporate Social Responsibility Policy) Rules, 2014 Corporate Social Responsibility (CSR) aims to contribute to the well being of the society in which an entity operates. CSR can also be considered as corporate ethic strategy that helps the Company to improve its […]

Holding of AGM Through VC by A Private Limited Company

June 5, 2020 7293 Views 0 comment Print

Given the difficulties faced by the stakeholders on account of the threat posed by COVID-19, the Ministry of Corporate Affairs (MCA) have issued a circular (No.20/2020) on 5th May 2020 for allowing the conduct of Annual General meeting through video conferencing (VC) or other audio visual means (OAVM). The Companies Act, 2013 (Act) does not […]

Points to consider before picking up stock for investment

June 5, 2020 1671 Views 0 comment Print

I am writing this post regarding what are the points to be considered before investing and same includes General Observation, News, economy Trend, Sectoral Trend, Analysis from Various Stock Screeners, Certain Extraordinary Situations, Your Area of Expertise, Competitive Edge, Fundamental and Technical Analysis and The Sense.

The Essential Commodities (Amendment) Ordinance, 2020

June 5, 2020 2250 Views 0 comment Print

The Essential Commodities (Amendment) Ordinance, 2020 passed for the purposes of increasing the competitiveness in the agriculture sector and enhancing the income of the farmers

All about Women Directors under Companies Act, 2013

June 5, 2020 57300 Views 0 comment Print

The concept of Women Directors came up with Companies Act, 2013, where the government added an ordinance and made it mandatory to appoint a women director in the board of directors of Company meeting specific criteria. (a) As per second Proviso to Section 149(1) read with Rule 3 of the Companies(Appointment and Qualification of directors)Rules,2014, […]

Farmers (Empowerment and Protection) Agreement On Price Assurance and Farm Services Ordinance, 2020

June 5, 2020 3816 Views 0 comment Print

Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 is passed to provide for a national framework on farming agreements that protects and empowers farmers to engage with agri-business firms, processors, wholesalers, exporters or large retailers for farm services and sale of future farming produce at a mutually agreed remunerative price framework in a fair and transparent manner and for matters connected therewith or incidental thereto.

Things to know when buying Home by taking Home Loan

June 5, 2020 2298 Views 1 comment Print

1. Credit Score: Credit score is a number which calculated by various Credit Rating Agencies. Try to Improve your credit score by not defaulting any credit card payment or any EMI payment. If you delay the credit card payment, it impacts your credit card. Do not apply loan again & again. It affects your Credit […]

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