Community & General Articles
Procedures for incorporation of Company
The best way to start a business is to incorporate Private limited company because it has many advantages like limited liability of members and directors, separate legal entity, easy compliance, etc. A company can be formed with minimum 2 direct
Limited Liability Partnership (LLP) Recent changes
INTRODUCTION The concept of Limited Liability Partnerships (LLPs) in India was introduced in the year 2009 with the enactment of the Limited Liability Partnership Act, 2008 (6 of 20
Do you know how much you can benefit from Financial Planning
A sturdy house has a good, solid foundation, and is built following a sound architectural blueprint. By figuring out how you will create the home beforehand, you will ensure that you will be building the best structure you could possibly build,
FDI in Retail: The Darker Side
Over the past week the topic FDI in multi brand retail has become a platitude with most of us professionals painting a rosy picture of the supposed benefits that such a policy will usher and the sweeping change it will bring. However, I hold a lit
FDI in retail
Dear Professional Friends, There is much cry about FDI in retail but on analysis it on economical point of view, I found in present situation, FDI in retails in very beneficial for Indian Economy. If you remember, same type of buzz was created at
Ratio Analysis
Analysis of financial reports requires skill of mathematics, accountancy as well as statistical tools. But there are some basic ratios which can be helpful for a layman also to analyze the Balance Sheet, Profit & Loss A/C of a company or a ban
Lower/Nil rate of tax deduction certificate for works
It is ussualy seen that works contractors registered under Punjab VAT Act, 2005 have always refund to claim from the Excise & Taxation department due to the fact that their final tax liability is much lower/Nil than the tax deductions made u/s
Ignorance of law is an excuse
INTRODUCTION :- Law is all pervading. Almost all your actions are regulated by law except a few. We have all sorts of law like personal, family, civil, criminal, revenue, commercial, taxation, public and private int
Wealth Tax Act,1957
Basic Concepts: Charging Section 3: Subject t
Insurance- a Financial Planner?
Hello everyone. This time I have come back with a series of some technical articles on a very important and must know concept of our life. Every one knows about insurance very well. It is protection against contingencies. If any uncertain event ha
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