Tuesday, October 27, 2020
When a company appoints an auditor, it is obliged to accept the appointment of an auditor to the Registrar of Companies (ROC) in a specified manner in compliance with section 139(1) of the new company act 2013. In this reason the Form ADT-1 is used. Under Section 139(1)...
1.Bank Account:- After the incorporation of the company there must be a bank account in the name of the company so that authenticity of each and every transaction can be maintained for the sake of stakeholders of the company. Since the company is a...
About MERAOFFICE MERAOFFICE is an online cloud-based platform useful for Professionals to easily manage their office work, clients & staff.  Why MERAOFFICE? Due to Coronavirus, many people prefer to shift their work from the office to homes, with this cloud-based system it gets all the easier to delegate and assign work, it...
The FM has announced New Income Tax Slab for AY 2020-21 giving taxpayers an option to pay taxes as per the new tax slabs. Income Tax Slab for A.Y 2020-21 and 2021-22 for Individuals/HUF New Income Tax Rate For...
In view of the situation arising due to COVID-19 pandemic and extended lock down period in the country, Ministry of Corporate Affairs has extended PERIOD/DAYS OF EXTENSION FOR NAMES RESERVED AND RE-SUBMISSION OF FORMS.   Sr. No Issue description Period/Days of Extension 1 Names reserved for 20 days for new company incorporation. SPICe+ Part B...
All LLPs registered under Limited Liability Act, 2008 have to annually file two forms Form 11 and Form 8. Annual Return: Form 11 is to be submitted within 60 days of closure of the financial year i.e 30th May 2018. (Financial year closes on 31st March.) Form 11 is due on 30th May ,...
Microfinance is a specific business category of services, which includes microcredit. Micro-credit is a loan service to poor clients. Micro-credit is one of the microfinance aspects and the two sometimes get mixed. The microfinance revolution in India is as a strong instrument for soothe deprivation. Microfinance is...
Meaning of related party So what does the term ‘Related Party’ mean.? How important this is to companies and individuals. What are the conditions to be recorded or understood before any transaction takes place? When and How it is to state in the...
A working capital cycle (WCC) may sound like financial jargon, but it’s an important concept for business owners to understand. What entrepreneur wouldn’t want to know how fast their company can turn a profit? The Working Capital Cycle is a measure of how quickly a business can turn its current assets into...
Index funds, created by John Clifton Bogle almost 45 years ago as a way for everyday investors to compete with the pros. Index funds are a form of passive investing which is an investing technique that involves purchasing and keeping long-term assets, rather than performing regular trades to try to beat...