Accounting

What are CSR (Company Social Responsibility) Policy and Its applicability?

“CSR Policy” is a statement which containing the approach and direction given by the board of a company, for doing the activities in areas or subjects specified in Schedule VII of the Act. Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:— (i) eradicating extreme hunger and poverty; […]

What are CSR (Company Social Responsibility) Policy and Its applicability? Read More »

बजट 2021 में इनकम टैक्स हाइलाइट्स

बजट 2021 में इनकम टैक्स हाइलाइट्स 1. सीनियर सिटीजन 75 वर्ष का हो चुका हो। रिटर्न फ़ाइल की जरूरत नहीं, बशर्ते कि, सिर्फ पेंशन व ब्याज की इनकम हो। पेंशन वाले बैंक के अलावा कहीं खाता नहीं हो। सरकार करेगी सिर्फ कुछ बैंकों को नोटिफाई। डिक्लेरेशन देना होगा ताकि सही टैक्स कैलकुलेट हो सके। 1A.

बजट 2021 में इनकम टैक्स हाइलाइट्स Read More »

What is a Contribution Margin? How to Calculate Contribution Margin?

Contribution margin means the sale price minus the variable cost incurred on the product. It is the ability of the firm or company to cover its variable cost with the revenue. The remaining amount i.e. the contribution covers fixed cost or is the profit earned by the firm or company. The calculation of contribution margin

What is a Contribution Margin? How to Calculate Contribution Margin? Read More »

Balance sheet क्या है? What is the Balance Sheet?

किसी व्यवसाय की वित्तीय स्थिति को प्रकट करने के लिए Balance sheet बनाया जाता है. यह किसी व्यापार की आर्थिक स्तिथि का विवरण होता है. इसे हिंदी में तुलन पत्र या चिटठा भी कहा जाता है. किसी निश्चित समय पर एक व्यापार या संगठन की Assets and Liabilities और Share Capital के विवरण को Balance sheet कहते हैं. किसी कंपनी

Balance sheet क्या है? What is the Balance Sheet? Read More »

What is MSME and its Registration Benefits

What is MSME and its Registration Benefitsभारत सरकार के सूक्ष्म, लघु और मध्यम उद्योग मंत्रालय के द्वारा एमएसएमई उद्योगों के लिए कुछ नियम बनाये गए है. देश में मौजूद जो भी सूक्ष्म, छोटे और मध्यम उद्योगों से सम्बंधित नियम, विनियम और कानून है तथा आवश्यकता होने पर नए कानूनों के निर्माण के लिए यह मंत्रालय

What is MSME and its Registration Benefits Read More »

What is TDS Section 194N Under Income Tax Act? Why is TDS Section 194N introduced? Rate of TDS under Section 194N? What is the main point of TDS under Section 194N? Who will deduct TDS under Section 194N? Can I claim the credit of TDS deducted u/s 194 N?

What is TDS Section 194N Under Income Tax Act? TDS Section 194N is applicable if cash withdrawals of more than Rs 1 crore during a financial year. This section applied to all the sum of money or an aggregate of sums withdrawn from a in a financial year. The section will apply to withdrawals made

What is TDS Section 194N Under Income Tax Act? Why is TDS Section 194N introduced? Rate of TDS under Section 194N? What is the main point of TDS under Section 194N? Who will deduct TDS under Section 194N? Can I claim the credit of TDS deducted u/s 194 N? Read More »