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A Guide to Section 194J of Income Tax Act

A Guide to Section 194J of Income Tax Act

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Section 194J of the Income Tax Act requires the deduction of tax at source on professional or technical services. This section applies to payments...
qualification of directors

Qualification of Directors: Key Considerations for Board Composition and Corporate Governance

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Introduction Directors are responsible for providing strategic guidance and oversight to the organization. They help to set the vision, mission, and goals of the organization...
Profit Prior to Incorporation: What You Need to Know

Profit Prior to Incorporation: What You Need to Know

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Profit Prior to Incorporation: What You Need to Know When starting a business, many entrepreneurs are eager to start making a profit as soon as...
Section 43(5) of the Income Tax Act

Understanding Section 43(5) of the Income Tax Act: The Importance of Actual Cost in...

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Section 43(5) of the Income Tax Act is a crucial provision that governs the tax treatment of expenses related to the acquisition of a...
The Importance of Bills Receivable in Business - Marg ERP

Bills Receivable: An Overview

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A bill receivable is a type of financial instrument that represents an obligation by one party to pay a specified amount of money to...
coronavirus dos and don'ts

Coronavirus Dos and Don’ts

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What is Corona Virus? COVID-19 is the disease caused by the new coronavirus that surfaced in China in December 2019. Large family of viruses are...
Empowering India: Unraveling the Transformative Schemes Launched by the Modi Government

Empowering India: Unraveling the Transformative Schemes Launched by the Modi Government

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Introduction Since assuming office in 2014, Prime Minister Narendra Modi and his government have introduced numerous schemes aimed at transforming India's socio-economic landscape. These initiatives...
The Timeless Charm of Cheques: A Nostalgic Payment Method

The Timeless Charm of Cheques: A Nostalgic Payment Method

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Introduction In today's rapidly evolving digital landscape, where transactions are often completed with a swipe or a tap, it's easy to overlook the enduring charm...
Understanding the Meaning of Hard Stop

Understanding the Meaning of Hard Stop

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In today's fast-paced world, we often come across various terminologies that might leave us puzzled. One such term that has gained prominence in recent...
Your Guide to PSC Registration: How to Apply for Government Jobs

Your Guide to PSC Registration: How to Apply for Government Jobs

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Public Service Commission (PSC) registration is a process that allows individuals to apply for jobs in the public sector in their respective countries. The...