Your address will show here +12 34 56 78
Latest News

October 15, 2019; on the birth anniversary of APJ Abdul Kalam, let’s remember this great personality who inspired each one of us to think beyond our imaginations. On this fortunate day when the world, especially India was gifted with this great mind; the United Nations decided to observe his birthday as The World Student’s Day.APJ Abdul Kalam was fond of students to an extent that he believed for a country to progress; it needs to focus on the betterment of students. According to him, students are the makers of theSEE DETAILS

0
5% Increase in Dearness Allowance

Before coming to this Dearness Allowance hike update, a simple question comes in the mind of a common man i.e. what is Dearness Allowance?DA which means Dearness Allowance is a component of salary (if terms of employment so provide) which is paid to central government employees/pensioners to adjust the cost of living. DA is a fixed percentage of an employees’ basic salary. The Union cabinet, has increased the dearness allowance for Central Government employees and pensioners by 5% which is a pre Diwali gift for approx 50 lakh government employees andSEE DETAILS

0
Know-all-about-ROC-Registrar-of-Companies
MCA

 Hundreds of people dream of establishing their own business. To be able to do that, you need to register your company with the Ministry of Corporate Affairs. But after the incorporation of the companies, who takes care of these companies and who makes sure that these companies are operating according to the guidelines of the Companies Act.For this task, Registrar of Companies, India was established for supervising and administering the Companies and Limited Liability Partnerships registered. For detailed information about the ROC, read the rest of the blog. What isSEE DETAILS

0
BBMP
MCA, Property Taxes

Bruhat Bengaluru Mahanagara Palike (BBMP) Property TaxBengaluru for many years has been a center of attraction for the tech giants and their establishments. Even the new tech graduates want to be a part of India’s own Silicon Valley. After establishing at the new city, many concerns arise for a person including some legal compliances that one must follow, Property tax is one of them. The state government of Bangalore has simplified the process of paying tax by introducing the online system or through dedicated banking channels or can pay aSEE DETAILS

0
Current-Account
Finance, RBI

Current account is non personal bank account. It is a type of deposit bank account commonly used by companies, public enterprises, and businessmen. This account is normally associated with higher number of transactions with the bank. These transactions include deposits, withdrawals and transfer of funds from one account to another of the same bank or another bank. These accounts are also called Demand Deposit Account.You can open a current account in almost all commercial banks. These accounts generally have large transactions on a daily basis hence, there is no limitSEE DETAILS

0
Applicability-of-Indian-Accounting-Standards
Finance

About IND ASIndian Accounting Standards (IndAS) can be considered as guiding principle or standards for the International Financial Reporting Standards (IFRS) to ascertain that Indian Companies have same understandability and accessibility globally. For certain companies, the application of specified standards was made mandatory. The objective of IND AS is to ensure that the financial statements and reports of an organization are uniform and to make the same user accessible and transparent. The ASB (Accounting Standards Board), is the regulatory body supervising IND AS. Before the introduction of IND AS, India’sSEE DETAILS

0
Value-of-Supply-under-Goods-and-Services-Tax
GST (Goods and Services Tax) India

  Value of SupplyIn GST regime it is important to know about the value of goods or services or both on which tax is to be paid. As per CGST Act, 2017 along with rules prescribed the provisions for determining the value of supply of goods or services have been made applicable in different circumstances and to different people.Value of  taxable supplyWhich section describe the value of supply?Value of taxable supply as per section 15Inclusions in the Value of supplyTaxes, duties,cesses,fees and ChargesAmount incurred by recipient on behalf of supplierIncidental expensesSEE DETAILS

0
Accounts-Payable-Management
Finance

 Accounts payable management is one of the important business processes that help in managing payable obligations of the entity in the most effective manner. Accounts payable is the amount that the entity has to pay to its suppliers or vendors on the account of goods and services received. It means that after giving orders of goods and services by the entity, the firm should record a liability in its books of accounts on the basis of the invoice amount before making the payment. So this liability of the entity overSEE DETAILS

0
Understanding-the-concept
Finance

 Ever wondered as to how the recording is being done for the transactions that takes place in and around countries having a different system, currency, and economic status. In this article, we will discuss such recording. MeaningThe balance of payments or BOP is a statement or summary of all transactions that take place between entities of one country with the rest of the world over a specified period.The transactions specified above consists of import, export of goods or services or both, capital, transfer payments, i.e., remittances made by the resident of a country fromSEE DETAILS

0
Dearness Allowance (DA) – Meaning, Types, Calculation etc

 Money has become as important as natural resources to survive in this world. Prices of almost everything are touching the sky and it is making survival of a common man extremely difficult. Food is the most basic commodity for survival and the prices of the same fluctuate the most. It directly affects the economy and lifestyle of the common man. Since inflation occurs due to market forces, the government tries to stabilise the prices by introducing several tools. Amongst the tools introduced by the government, Dearness allowance is one ofSEE DETAILS

0
PREVIOUS POSTSPage 2 of 45NEXT POSTS