Accounts payable (AP) is a term used in accounting to describe the money a company owes to its suppliers or creditors for goods and services that have been rece...
With increased globalization, there has been an increase in the financial transactions between Indian companies and their foreign counterparts - the grant of "corporate guarantees" being an important one.
SECTION 80G DEDUCTION ELIGIBLE COMPUTATION According to this section if the donation made to APPROVED FUNDS/CHARITABLE INSTITUTIONS deduction shall be eligible. For the purpose of this section to get deduction/exemption eligibility, donations are c
In DBFOM contracts, particularly in the GCC region, the Termination Payment clause is crucial. It outlines what happens and who gets compensated if the project ...
The Finance bill 2023 included a new clause (h) to section 43B of the income tax act 1961. To assure on-time payments, the stated clause inserted as a Socio-Economic Welfare Measure and has been realized through the Micro and small companies.
MFME Loan: Empowering Micro Food Processing in IndiaThe PM Formalization of Micro Food Processing Enterprises (PMFME) Scheme is a government initiative in India...
In this article, we will discuss the responsibilities and duties of an independent director but first, we will know who is a director as per the Companies Act, 2013.
In a significant regulatory development, the Ministry of Corporate Affairs (MCA) introduced a transformative shift through a Notification dated October 27, 2023, impacting the issuance and management of securities by private companies in India.
The Government of India launched an initiative named "Startup India" in January 2016 with the aim of encouraging and promoting entrepreneurship in India as a whole. The goals of the scheme are aimed at creating jobs, encouraging innovation, and developing an environment that supports growth of startups
This article aims to analyse the regulatory framework for InvITs and its salient features.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English