The main object of the Payment of Bonus Act, 1965 is to maintain peace and harmony between labour and capital by allowing the employees to share the prosperity of the establishment, prescribing the minimum and maximum rates of Bonus together with the scheme of ‘Set on’ and ‘Set off’.
Forensic Audit: Field to Explore Growing cyber crimes, failure of regulators to track the security scams, series of co-operative banks bursting – all are pinpointing the need of forensic accounting, irrespective of whether we understand the need or not. Forensic accounting seeks to uncover the what, why and how behind the computation and reporting of […]
Article explains Who is a Company Secretary, Who is required to have company Secretary/ KMP, Time Period for such appointment of Company Secretary, Process for appointment of company secretary, Roles and Responsibilities of Company Secretary, Core Duties of the Company Secretary, Appointment of Company Secretary – Offence & Penalty: Section 203(5) and also provides Draft […]
A process is a collection of activities which creates an output of value to the customer and often goes beyond departmental or functional boundaries. A business process comprises a combination of number of independent or interdependent processes as: Developing new product Customer order processing Bill payment system Core business process Creates value by the capabilities […]
You should claim your dividend on regular basis. If remain unclaimed for seven consecutive years, then the dividends along with its related shares transferred to Investor Education and Protection Fund (IEPF) Authority. Investor Education and Protection Fund (IEPF) Authority of Ministry Of Corporate Affairs, Government Of India has given the procedure to claim unclaimed dividend after seven […]