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Category: Others

ISO CERTIFICATION : IMPORTANCE AND REQUIREMENTS
April 23, 2022 / Others

ISO Certification : Importance And Requirements

ISO (the alliance for Standardization) may be a worldwide federation of national standards bodies (ISO member bodies). The work of making ready International Standards is often dispensed through ISO technical committees. Every member body fascinated by an issue that a technical committee has been established has the correct to be pictured thereon committee. International organizations, …

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Money Transfer Service Scheme
March 5, 2022 / Others

Money Transfer Service Scheme

MTSS (Money Transfer Service Scheme) is the most convenient option for the purpose of inward remittance of money abroad to India .It can be availed tourist travelling to India. Only Inward remittance in India is allowed. Under  this , remittance can done in speedy & hassle-free manner. Inward remittance as it is known as under …

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Management Audit
February 15, 2022 / Others

Management Audit

Management Audit is an assessment of the competencies and an analysis and capabilities of a company’s management in carrying out corporate objectives. It is an audit to examine, review and appraise the various policies and actions of the management on the basis of certain objective standards. It attempts to evaluate the performance of various management …

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Difference between NRE, NRO and FCNR
November 16, 2021 / Others

Difference between NRE, NRO and FCNR

A non-resident Indian is a native of India or a person of Indian ancestry who is not a native of India. A non-resident Indian (NRI) or a person of Indian ancestry (PIO) can open an NRI account with a financial institution such as a bank. A non-resident Indian (“NRI”) can open multiple accounts in India …

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Different forms of ITR
August 6, 2021 / Others

Different forms of ITR

All individuals, HUF (Hindu undivided family), BOI (Body of Individuals), AOP (Association of Person), trust, the corporate are required to file ITR’s if their income exceeds the prescribed limit. There are different sorts of ITR available for various people. There are 7 ITR forms: ITR 1(SAHAJ), ITR 2, ITR 3, ITR 4(SUGAM), ITR 5, ITR …

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A Guide for beginner to various types of Mutual Funds
July 13, 2021 / Others

A Guide for beginner to various types of Mutual Funds

Whenever people have queries regarding investing their money, Mutual Funds is a term that they often hear multiple times. Mutual Funds can be smart investments for almost any investor. But most times they do not know what is Mutual Fund or how does it exactly work. Mutual Funds are new age investments that offer adaptability and more …

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Post Incorporation Compliance for Private Limited Company
May 28, 2021 / Others

Post Incorporation Compliance for Private Limited Company

1. Appointment of First Auditor of the corporate with 30 Days of Registration of the corporate As per Section 139 of the businesses Act, 2013 every auditor before his appointment shall provide his consent for such a meeting and submit a certificate that satisfies the standards as mentioned under Section 141 of Companies Act, 2013 …

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Difference of Assessment year and Financial year
March 9, 2021 / Others

Difference of Assessment year and Financial year

Financial year or financial year in India, may be a time counted in 12 months, from 1st April to 31st March, when an amount of cash is earned. As per the Government’s tax policy, the income of this point is taken into account to be taxable within the succeeding year, that’s called Assessment year. during …

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Highlights of Union Budget 2021-22
February 12, 2021 / Others

Highlights of Union Budget 2021-22

The Union Budget 2021-22 was presented by the Hon’ble minister of finance Nirmala Sitharaman on 1st February 2021 within the Parliament. The Budget speech was given by the FM from 11 a.m. to 1 p.m. This year’s Budget lays specialise in the seven pillars for reviving the economy – Health and Wellbeing, Physical and Financial …

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Do you know it takes a test also to become Independent Director
February 3, 2021 / Others

Do you know it takes a test also to become Independent Director

The Ministry of Corporate Affairs (MCA) through a notification dated 18th December 2020, relaxed both the requirements and timelines for the Online Self-Assessment Proficiency Test Independent Directors must take under the amended Companies (Appointment and Qualification of Directors) Rules, 2014. Passing the Online Test was a prerequisite for every individual to pass for their name …

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