Introduction After successful launch of Jan Dhan Yojana, Prime Minister Modi had last week launched the ‘Pradhan Mantri Jivan Jyoti Bima Yojana’, ‘Pradhan Mantri Suraksha Bima Yojana’ and the ‘Atal Pension Yojana’ in Kolkata; another step forward to secure more population under their financial inclusion programme.
Employees’ provident fund Provident fund scheme is as a retirement benefit scheme. Under this scheme, a stipulated sum is deducted from the salary of the employee as his contribution towards this fund. The employer also generally contributes simultaneously an equal amount out of its pocket to the fund. The contributions of employee and employer are […]
Dictionary meaning 1. A gain or profit incidentally made from employments in addition to regular salary or wages,especially one of a kind expected or promised 2. Casual emolument or benefit attached to an office or position in addition to salary or wages 3. Anything left over that a servant or other has by custom a […]
Concurrent Audit Limits- It is our endeavour to strengthen policies and procedures that enable members to render quality services. In a separate manner, the Council decided to fix limit on concurrent audit of banks at 4 audits per member per year. Cooperative banks and RRBs were exempted from the limit. The above limit will come into effect from 1.1.2016. These limits are carefully kept to enable members to devote more time thereby improving the quality of work.
1. (1) This Act may be called the Companies (Amendment) Act, 2015. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
The issues that arise in the present appeal lie within a short circumference. As the warrant of authorization under Section 132, which is required to be founded on a reasonable belief of the authorized official regarding the existence of the conditions precedent to the exercise of the power to issue the same
Since we believe in Going Concern Assumption, as we want our business to flourish more & more, but at some point of time due to several reasons one has to close down his business and that stage is known as winding up of a company.
On 24th April, 2015, the erstwhile Maharashtra Stamp Act, 1958 received the assent of the Governor, to be called as the Maharashtra Stamp (Amendment) Act, 2015[1]. Various changes have been made in the principal act and some new provisions have been inserted for more clarity in understanding.
The Government has not dismantled the Directorate of Criminal Investigation (DCI) of the Income Tax Department. The date of last search conducted by DCI was on 27.4.2012 and last survey conducted by DCI was on 30.3.2015.
Depreciation @ 100% on Assets having cost upto Rs. 5000 – Such provision has been deleted in Companies Act 2013. But as per Application Guide issued by ICAI, a company may have a policy to depreciation @ 100% some assets having immaterial cost. Therefore if a company follow a policy to depreciate @ 100% assets upto say Rs. 2000 or Rs. 5000, then it will be legal.
