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Class Action Suit under Companies Act 2013
IntroductionThe Companies Act, 2013 introduces some important changes to the company law regime in India. One such feature is a Class Action. The provision governing Class Action is set out under Section 245 of the Companies Act, 2013 which falls und
Self Created - Success Mantra's
S U C C E S S - a word which has drastic power to change the path of OUR life, a word which inspires us to work and move forward in life, a word for which an individual strives harder and harder. But do we understand the real meaning of success? Let`
Different Types Of Accounts in Banks- 2
Hello everyone ! This is Gyati Gupta, with one more article on this site. Previously, I wrote about different types of accounts in banks. I tried to insert almost everything I could, but still I found that knowledge has no end. On conducting a sort o
Importance of Economic Literacy for Finance Professionals
Finance and economics share an inseparable bond since ages. Yet we finance professionals, or to-be finance professionals of different fields such as CA, CS, CMA commit the sin of keeping ourselves separate from economics, yet claiming
Karniti Part-20: Salary earners now "Dent" in claiming Allowance of "House Rent"
Salary earners there is now "Dent" in claiming Allowance of "House Rent" Arjuna(Fictional Character): Krishna, all the salaried people might be busy in providing information to their employers for computing income tax, deductions and exemptions from
Who am I? I' m a Champion
Dear All,Hi Friends, heard about this time's CA Finals results, it would be wrong If i say the results were not shocking it shook me, I was also surprised(Secretly I thanked God that i cleared my CA Finals earlier) but while saying this i remembe
TDS Compliances and Penalties
TDS PROVISIONS & COMPLIANCES [A] Mandatory Filing of TDS StatementsEvery person responsible for deduction of tax under Chapter XVII-B shall, in accordance with the provisions of Section 200(3), submit the following Quarterly Statements to the Dir
Whether shares allotted to 50 persons or more in a year invariably trigger section 67(3)?
Introduction: 1. Every company needs capital to carry on its business. The capital can be owners equity or debt capital. It can be a mix of these two. The instruments issued by a company may be either equity capital or preference capital or d
Transformation of Tax System
Transformation of Tax Systems in India- We can definitely make a difference The recent elections results in Delhi indicate the disenchantment with the present regime. The promise of ending corruption has encouraged the youth mainly as
I Can do It
15.01.2013 A day which shook the CA student fraternity with an impeccable and unexpected result of just 3% or 3 students clearing out of every 100, breaking a record of last 11 years. Many hopes, many dreams, many hearts might have shattered
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