This article explores the cost audit applicability for SMEs, its benefits, and the criteria that determine its relevance.
The provisions related to Vigil Mechanism is contained in Section 177 (9) and (10) of the Companies Act, 2013 (the Act) read with Rule 7 of the Companies (Meetings of Board and its Powers) Rules, 2014.
Director's remuneration refers to the compensation or payment that directors of a company receive for their services and responsibilities. Remuneration for directors (including managing or whole-time directors) is decided by the articles of the company or by a resolution in a general meeting.
Updating KYC information is crucial for various purposes, such as Transfer claims, Advance Withdrawal claims, and Permanent Withdrawal claims. Without updated KYC, these claims cannot be processed.
Here's a study of the top 10 MSME benefits each small enterprise proprietor ought to recognize.
The Auditor shall exercise professional judgment and maintain professional scepticism throughout the planning and performance of the audit to detect and report the fraud envisaged under the provisions of Section 143(12) of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014.
The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.
A Comprehensive Guide to Waiver of Interest and Penalty
In this article, we will talk about the common mistakes that companies make for the duration of ESI Return filing and the way to keep away from them to make sure easy and blunders-free submissions.
The Finance Ministry is accelerating efforts to review and streamline the Income Tax Act of 1961.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English