Under the recommendation of the expert committee of Dr. JJ Irani in 2005, a new concept of One Person Company (OPC) was introduced into the Companies Act, 2013. The concept of OPC allows a great deal of opportunities for people looking forward to … [Read more...]
What is Financial Statement of a Company ?
Financial statements are the set of audited books of accounts & other secretarial documents of company for a particular year. Many times financial statements are required of a company for various reasons. Don’t get confuse, the financial … [Read more...]
How to Pay dividend under companies Act 2013
The Dividend is paid as per provisions of companies act 2013 and companies (declaration and payment of dividend) rules, 2014. It is paid to shareholder for their investment in shares of company. It can be paid annually once or during the year. The … [Read more...]
How to convert XBRL File to PDF in 4 Easy Steps
A company information can be downloaded from MCA website. Earlier the downloaded documents were used to be in PDF format. Now for some of the notified companies are required to file the documents in XBRL format. So when we download the documents of … [Read more...]
How to download balance sheet of a company ?
It is very much easy to find out a company information. If you have correct name of the company, then you can find out all relevant information of the company. Here I am giving the information in step wise with the assumption that you have company … [Read more...]
Which company requires XBRL filing?
XBRL stand for eXtensible Business Reporting Language. It is a global standard language for exchanging business information. In India only notified companies are required to do XBRL filing. In XBRL filing financial information is converted into xbrl … [Read more...]
Basic PF Deduction Rules and EPF, EPS, EDLIS Rates
PF Deduction Rules are governed by the employees’ Provident Funds and Miscellaneous Provision Act, 1952. This is a central act applies to whole of India except the state of Jammu & Kashmir. In this article I have given all important provisions … [Read more...]
Payment of Bonus Act: Applicability, Calculation & Amendments
In India, payment of bonus is governed by payment of bonus Act, 1965. In this article I have explained all the important issues related to bonus act. The payment of bonus act applies to the person employed in every factory and establishment … [Read more...]
Gratuity Calculation, Applicability & Taxation Rules
Gratuity is the lump sum amount paid to the employee by his employer as mark of recognisition of his service when he retires or leaves service. In this article I have explained all the concepts related to gratuity which will help the readers in … [Read more...]
Patent Registration in India: Process & Cost
Patent is an exclusive right granted by a country to the owner of an invention. Exclusive rights means only the inventor can make, use, manufacture and market the invention, provided the invention satisfies certain conditions stipulated in law. The … [Read more...]