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Finance & Accounting Labour Compliance

Gratuity: Definition, Eligibility, Calculation, and Exe...

What-is-Gratuity-Eligibility,-Calculation,-and-Exemption-–-A-Complete-Overview

Payment of Gratuity is governed by the provisions of the “Payment of Gratuity Act, 1972”. Gratuity is a monetary benefit given to the employee apart fr...

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Finance & Accounting

The Introduction of Alternate Minimum Tax in India

Alternate Minimum Tax in India

Tax is the primary source of revenue for the Government of India. The Indian government has given its taxpayers the benefit of multiple deductions and ince...

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Finance & Accounting

Indian Accounting Standard 40 – Accounting for In...

IND-AS 40

An investment property is a property that has been purchased to earn the return either through rental income or to resale the property which has been purch...

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Finance & Accounting

Financial Management for Profit Maximization

Profit Maximization

Any kind of business needs funds to operate and to meet its day to day requirements in the economic world. Whether the business concern is small or big, ir...

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Finance & Accounting

Indian Accounting Standard (IND AS) 12 – Accounti...

Ind AS 12

The Indian Accounting Standard has been prescribed by the Institute of Chartered Accountant of India where the IND AS 12 has been specifically prescribed f...

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Finance & Accounting

India to Withdraw Export Subsidies and Phase Out Mercha...

MEIS

To phase out the flagship Merchandise Exports from India Scheme (MEIS). The commerce ministry has circulated a Cabinet note and move to a more WTO - Compat...

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Finance & Accounting

Overview of AS-14: Accounting for Amalgamation

Overview of AS-14: Accounting for Amalgamation

There is a specific standard mentioned in the Accounting Standard for Accounting for Amalgamation i.e. AS-14. The Accounting Standard (AS-14) is applicable...

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CFO Service Finance & Accounting

Operating Cycle Accounts Receivable Service

OPERATING CYCLE

Cash management in business is a crucial part to keep the business running and there are many factors that play a role in maintaining a margin of optimum u...

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