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Independent Directors | An analysis
Independent Director is the one who does not have any material or pecuniary relationship with the companyIndependent Directors as per reading of section 149(6)Section 149 (6) An independent director in relation to a comp
Update on Indirect Tax - Service Tax, Excise and GST for the month of Feb 2015
In addition to Service Tax and Excise, we have started a new section on GST. Hope this will be useful to you. A. Service Tax 1. Service Tax payment for the month of January, 2015 is due for payment on 6th February, 2015 for assesses excluding Individ
Managing Bribery and Corruption Risks in the Infra Industry
Any competitive advantage gained through corruption is a mirage.Why is bribery and corruption such a challenge in the sector : Construction and Infrastructure Industry?In addition to the bribery and corruption risks prevalent in all in
Modes of investment in mutual funds
The objective of this write up is understand direct entry scheme in mutual funds, before we proceed to understand direct entry scheme, let us have basic idea of mutual funds.Meaning of Mutual FundsCarpooling is ord
Crude Downslide - Why are the Oil Cos Still Bleeding
With the quarter 03 balance sheets of the many Oil marketing companies being on the verge of finalization the expectation of the General Public is that the Oil Marketing Companies (OMCs) also known as the downstream companies will make substan
Financial Statement,Board Report under Cos Act,2013
Section 134 of the Companies Act,2013 and Rule 8 & 9 of the Companies (Accounts)Rules,2014 deals with the Financial Statement and Board Report.Signing of the Financial Statement: The financial statement, including consolidated financial statement
Bait Money check with respect to Concurrent Audit of Banks
Bait Money check with respect to Concurrent Audit of Banks The concept of Bait Money!Bait Money is a security feature used by various Banks/Bank branches. As its name suggests, this money kept with the Banks/Bank branches helps in tr
All you need to know about PAN
Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any "person" who applies for it or to whom the department allots the number without an application.
Income tax slab rates of 24 years
INCOME TAX SLAB RATES FOR MALE ASSESSEEFROM ASSESSMENT YEAR 1992-1993 TO ASSESSMENT YEAR 2015-2016 Hello readers, I found many persons searching sites here and there for slab rates of some previous years, purchasing books for the purposae of making a
GST - Date of introduction revised
1st APRIL 2016 - NOT A REALISTIC DATE OF INTRODUCTION OF GST The concept of “Goods and Service Tax in India” was first introduced by Mr. P. Chidambaram in his Budget speech of 2006 and at that time the date of introduction of GST was decl
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