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There are many situations in which you have to club income with someone else. Clubbing provisions are governed by Section 64 of the Income Tax Act,1961. Cl...
The purpose behind creating the Indian Standards Institute (ISI) was to develop standardization in the Indian market. The ISI was later changed to the Bure...
In June 2017, the apex banking body in India – the Reserve Bank of India (RBI) – identified 12 loan defaulters. The total default value of these defaul...
The purpose behind the setting up of an the existence of the Bureau of Indian Standards (BIS) is to provide the Indian public with standardized goods that...
What is the worth of FDI to a country like India? Foreign Direct Investment (FDI) is very crucial in the fortification and strengthening of an economy. In...
Section 145 of the Income Act, 1961 deals with the process of standards which the following persons are required to follow when it comes to non-compliances...
A supplier or receiver of goods and services issue a Debit note or a credit note, when there is a revision in the invoice because of the change in the......
In every Company, Board of Directors plays a crucial role in the governance of companies. Board of Directors manages the affairs of the company in such a w...
A Non-Banking Financial Company (NBFC) is a financial organization registered under the Compani...
Payment aggregators are playing a crucial role in India's digital economy. From small shops to...
India today has set an ambitious goal to become a $5 trillion economy by 2027-28. Although a st...
The Securities and Exchange Board of India (SEBI) works for the proper regulation of the stock...
The Money lending business refers to the act of lending money. It is mandatory to get a license...
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