One of the key standards is IND AS 1 – Presentation of Financial Statements. This standard sets out the principles and requirements for the presentation of financial statements, which are the primary means of communicating financial information to users.
Navigate the complex tax implications of life insurance policies, ULIPs, and Keyman policies. Uncover the latest changes introduced by the Finance Act, 2023. Explore the tax status of normal life insurance policies, ULIPs, and Keyman insurance policies, ensuring you make informed financial decisions. From premium limits to TDS considerations, stay updated on the taxation landscape.
A wholly owned subsidiary is a company with 100% of its shares owned by another corporation, which is the parent company. A parent company can acquire a wholly owned subsidiary or create one through a split-off.
Unlock financial incentives, enhance competitiveness, reduce import dependence, create jobs, and more with India’s Production Linked Incentive (PLI) scheme. Discover the benefits and long-term support for eligible manufacturers. Leverage the PLI scheme to boost your business operations, technology capabilities, and overall growth in the Indian manufacturing sector. Prakasha & Co. provides expert guidance for seamless participation in the PLI scheme. Explore the advantages and contribute to India’s economic growth today
Navigate the property buying process confidently with our Legal Guide to Title Investigation Report (TIR). Understand the importance, documents verified, benefits, and exceptional observations captured in a TIR report. Make informed decisions, protect your interests, and minimize legal risks when purchasing a property. Prakasha & Co. offers expert legal guidance for seamless property transactions in and around Bangalore. Contact us today
Learn about the Production Linked Incentive (PLI) Scheme in India – a government initiative promoting manufacturing, boosting the economy, and reducing import dependence in selected sectors through financial incentives for eligible manufacturers. Understand its objectives, sectors covered, eligibility criteria, and potential impact on India’s economic growth.
Understand the key Income Tax Amendments from FY 2023-24. Learn about changes in tax regimes, exemptions, and impacts on individuals, businesses, and trusts.
सभी आम, साधारण, छोटे शेयरधारक विशेषकर वरिष्ठ शेयरधारक अपने शेयर डीमेट कराना चाहते हैं लेकिन वे ऐसा चाहकर भी अपनी अपनी समस्याओं के अलावा सरकार द्वारा बुनियादी समस्याओं पर समुचित ध्यान न देने के चलते नहीं कर पा रहे हैं । हम सरकार से जिन बुनियादी समस्याओं पर राहत / ध्यान दे लेने का आग्रह […]
Introduction to IND AS 2 IND AS 2 is a financial reporting standard that deals with the valuation and presentation of inventory in a company’s financial statements. This standard applies to all entities that prepare their financial statements in accordance with the Indian Accounting Standards (Ind AS).
According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.
