Documents Required for PF Registration

Documents Required for PF Registration Employees Provident Fund (EPF) is a scheme controlled by the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is regulated under the umbrella of Employees' Provident Fund Organisation (EPFO). PF registration is applicable for…

Child Labour Law & Regulations in India

Child Labour Law & Regulations in India Child labour deprives children of their childhood and is harmful to their physical and mental development. The Government provides free education to all children and has taken various steps to prevent child labour in…

Company Registration Process (2018 Version)

Company Registration Process (2018 Version) The Ministry of Corporate Affairs has taken another giant step towards making it easier to incorporate a Company and LLP in India by rolling out various process changes on the eve of the 69th Republic…

Probation Period

What is Probation Period? Probation period is a period of engaging an employee to test his/her performance on the suitability of a position. If an employee's performance is found to be unsatisfactory, the employer can terminate the employee's services and…

25th GST Council Meeting

 25th GST Council Meeting - GST Rate Changes & Summary The 25th GST Council Meeting was held at New Delhi on the 18th of January 2018. Though there is no GST return filing due date changes, various other measures were…

Sovereign Gold Bond – How to Buy Gold Bond?

  Sovereign Gold Bond - How to Buy Gold Bond? Sovereign Gold Bond (SGB) Scheme is a form of investment that is offered by Reserve Bank of India on behalf of Government of India. Gold Bonds are denominated in grams…

TDS on Bank Deposit and Interest

TDS on Bank Deposit and Interest Interest income earned from bank deposits and other types of securities is taxable under the Income Tax Act. Hence, banks or financial institutions paying interest are required to deduct TDS at the rate of 10%…

Equal Remuneration Act

Equal Remuneration Act The Equal Remuneration Act, 1976 provides for payment of equal remuneration to men and women and help prevent gender discrimination. Article 39 of the Indian Constitution envisages that the States will have a policy for securing equal…

Depreciation Rate for Furniture, Plant & Machinery

Depreciation Rate for Furniture, Plant & Machinery Depreciation can be claimed under the Income Tax Act for the investment made in furniture, plant and machinery by an assessee during the previous year. Plant for the purposes of Income Tax includes…

Depreciation Rate for Building

Depreciation Rate for Building Depreciation allowance is provided under the Income Tax Act for building. The word building has however not been defined under the Income Tax Act and must be construed based on the ordinary grammatical sense. According to the…