Non-Banking Financial Institutions is a company which is incorporated under Companies Act 2013. The function of NBFCs is almost like bank I,e providing loans and rendering other services but NBFCs do not accept any deposits from clients to…
A long ago, India’ s imports were more than the exports and this shows India has had an unfriendly balance of payment environment in international trade. Because of which there was a deficiency in foreign exchange in India.…
Who is liable to pay the Advance Tax? A taxpayer whose total estate tax liability exceeds Rs 10000 after TDS and TCS is liable to pay the Advance Tax. Who is not liable to pay the Advance Tax?…
Introduction Finance Minister Nirmala Sitharaman presided over the 40th GST Council meeting on June 12, 2020. The Goods and Services Tax Board decided to compensate for the interest that was late and free of interest so that it…
Work from home also known as remote working or flexible working. Many people think that working from home is an option made possible by the internet but it has been around for many years. (Research says work from…
A foreign subsidiary company is a partially or wholly-owned company which is a part of a larger corporation. The larger corporation must be headquartered in another country. The foreign subsidiary company works according to the laws of the…
Introduction: Section 12 & 13 of the companies act 2013 and incorporation rules 2014 states the law regarding having a registered office and shifting of the registered office of the company. The following are the provisions relating to…
Bookkeeping is the first and most important step in the process of accounting. All financial data including wages and all other transactions are compiled and made into easily readable reports. There are many advantages to having a good…
About bookkeeping services: Introduction How many times have you been told till today from the day or years you became the first business owner that you need bookkeeping services? I guess the answer is probably, “A lot”. Every…