Building Up A Investment Plan is a process which includes Self Analysis, Goal Setting by Investor, Formulation of the Plan for Achievement of Goal, Implementation of Plan and Periodic review of Performance of Investment made. STEP 1 – SELF ANALYSIS – The first step in planning is that one should analysis him/her self, there are […]
A partnership is a voluntary association of two or more persons who agree to carry on some business jointly and share its profits and losses. They combine their funds and skills to carry on business together. Types of partnership There are mainly four types of partnership which are as follows: 1. General Partnership: In a […]
It is communication that revolutionized the Indian economy through the use of IT and other means. But interestingly, drones which started its role as a toy, a couple of decades ago, has emerged both as a successful proposition both in commerce and also in defense replacing millions of dollars’ worth airplanes, ships or other transport. […]
1. Section 148(1) The CG may by order, in respect of class of companies engaged in the production of such goods or providing such services, direct that particulars relating to the utilization of material or labour or to other items of cost shall also included in the books of account kept by that class of […]
The ongoing Pandemic has brought havoc like situation in all sectors. The same is the condition of the Banking sector as well. RBI has provided certain relaxations but there still remains a question for all those people who are facing a trouble with the default in loans. And the reason for such troublesome situation is: […]
Recently CBIC issued Notification No 60/2020 – Central Tax and Notification No 61/2020 – Central Tax dated 30th July, 2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores. Earlier the said limit for preparing E-Invoice was Rs 100 Crores. The provisions shall come into effect from 1st October, 2020. MYTH BUSTERS – Before we […]
Introduction: Yes Bank which was once India’s Forth Largest Private Sector Bank, is now struggling for its survival. Under the management headed by Rana Kapoor, the bank has grown its loan book manifold in very short span since its inception. Yes Bank’s business includes banking and financial services, AMC services and UPI services etc. On […]
Central Board of Direct Taxes: Structure and Procedure of Faceless Assessment under Income Tax Act, pursuant to the amendment of e-assessment Scheme, 2019 In a pioneering decision, the Central Government vide Notification no. 60/2020 and 61/2020 dated 13 August 2020 (Notifications 2020) introduced Faceless Assessment for the purposes of Scrutiny Assessment and Best Judgement Assessment […]
We are celebrating the 74th Independence Day but a few of us have real financial freedom and the majority of us are stuck under the trap of debt, the real gift to the nation on this Independence Day would be to know and spread the set of Principles which may assist us and people around us to achieve the financial freedom.
Union Ministry of Micro, Small and Medium Entities (MSME), vide its Notification Dated 26.06.2020 notifies the new definition of MSME along with its new name i.e., “UDYAM Registration”, and introduced a new portal named “UDYAM Registration Portal”. Ministry also issued a clarification regarding new criteria for the classification of MSMEs. Our previous articles on UDYAM […]
