Derivative: MeaningDerivativeThe term "Derivative" indicates that it has no independent value, i.e. its value is entirely "derived" from the value of the underlying asset. The underlying asset can be securities, commodities, bullion, currency, live s
Suresh Savaliya, ACs, LL.m, LL.b. Mumbai Generally, for joint adventures, a private limited company is suitable shape to regulate the relationship between entrepreneurs smoothly. However sometime, because of some limitatio
FAQ on Taxable Income 1. What does the Income Tax Department consider as income? The word ‘Income’ has a very broad and inclusive meaning. In case of a salaried person, all that is received from an employer in cash, kind or as a facility
General Question Regarding Income-tax 1. What is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is l..
COMPARISON OF BUSINESS FORMS CRITERIA PROPRIETORSHIP PARTNERSHIP LIMITED COMPANY ..
Rothbard writes about the perils of turning gold and silver into paper notesAuthor : Vivek Kaul/DNAWe all use money in our everyday life. But how did the idea ..
1. What is RTGS System?Ans The acronym "RTGS" stands for Real Time Gross Settlement. RTGS system is a funds transfer mechanism where transfer of money..
Where an assessee is providing taxable service from more than one premises or offices or has centralised Billing System or centralised Accounting System, he m..
IT Security for your BusinessYou need to protect crucial business data, as well as secure your network and users from various online threats.While physical security of your premises and assets is important, it is also important to protect the most im
STEP BY STEP PROCEDURE FOR DEDUCTION OF TAX AT SOURCE FROM THE SALARIES OF EMPLOYEES FOR ASST. YEAR 2009 – 2010 REFERENCE CODE 1 Gross sal