CMA data showing the projected performance and past performance of a business in financial terms. It is compiled with all the required financial ratios and metrics to help Financial Analysts and Bankers to ascertain the financial health of a business. CMA Data is the financial report used by lending institutions to appraise and analyse the […]
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Income tax section Section 80M provides deduction in respect of inter-corporate dividends. The following section shall be inserted with effect from the 1st day of April, 2021, namely:— “80M. Deduction in respect of certain inter-corporate dividends.—(1) Where the gross total income of a domestic company in any previous year includes any income by way of dividends from any other
Financial Year It is a period which start from 1st April & end on 31st March. It is the year in which the taxpayer earned the Income. As per Income tax Act – It is known as a Previous Year Assessment Year Assessment year (AY) is the year following the financial year, in which your
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Highlights of Union Budget 2021-22. General First digital Budget in the history of India Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 64,180 crores allocated for New Health Schemes 35,000 crores allocated for Covid Vaccine 7 Mega Textile Investment parks will
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Cost inflation index for the Financial year 2019-20 has been notified by the Ministry of Finance. In a notification dated September 12, the finance ministry stated that cost inflation index for FY 2019-20 has been set as 289. This cost inflation index is important as it is used to arrive at the inflation-adjusted purchasing price
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Financial Assistance Package announced by Government of India on15.05.2020 Rs 3 lakh crore Emergency Working Capital Facility for Businesses,including MSMEsTo provide relief to the business, additional working capital finance of 20% ofthe outstanding credit as on 29 February 2020, in the form of a Term Loan ata concessional rate of interest will be provided. This
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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
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वित्त मंत्री निर्मला सीतारमण (Finance Minister Nirmala Sitharaman) ने 20 लाख करोड़ रुपये के आर्थिक पैकेज के बारे में विस्तृत जानकारी देते हुए बताया है कि 15 हजार रुपये तक की सैलरी वालों का पीएफ सरकार भरेगी. वित्त मंत्री निर्मला सीतारमण ने यह फैसला लिया है कि अगस्त तक कंपनी और कर्मचारियों की तरफ से
Bank Guarantee A bank guarantee is a guarantee from a lending institution ensuring the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank covers it. A bank guarantee enables the customer, or debtor, to acquire goods, buy equipment or draw down Loans, and thereby expand business activity.
Budget Budget 2020 of the second term of the Narendra Modi government will be presented on Saturday. It is also called the General Budget or Union Budget. But, the common man must understand what happens in this budget and what happens in it. All kinds of information are given in the ‘Budget at a Glance
