The Child Marriage Restraint Act was a legislative act passed on 28 September 1929. The act fixed the marriageable age for girls at 14 years and 18 years for boys. It is popularly known as the Sharda Act after its sponsor, Harbilas Sarda. The Prohibition of Child Marriage Act, 2006, presently sets the marriageable age to be […]
Road Tax in Bihar is governed by the state transport department. The amount that is paid as tax is computed based on a number of factors including fuel type, vehicle age, weight, engine capacity and seating capacity among several other factors. Purchasing a vehicle is the dream of many Indians, with an upgrade constantly on our minds.
RBL Bank has been recognised as one of the country’s fastest growing private sector banks. Since its establishment, the bank has expanded the scope of its operations to a wide range of financial products and services. One of the many services that the bank offers its customers is the current account. A current account is
The state’s chief minister, Manya Ashok Gehlot, launched the Rajasthan Berojgari Bhatta Yojana to help the state’s young who are unemployed. The state government would offer a monthly unemployment benefit of ₹ 3000 for educated, jobless youth in Rajasthan and ₹ 3500 for unemployed women under this program. This program will give financial aid to educated, jobless youths who
A taxpayer pays taxes on every kind of income. Form 26Q is a type of TDS (Tax Deducted at Source) return form used in India. It is specifically used for reporting TDS deductions made on payments other than salaries. Form 26Q is filed by the deductor, who is the person responsible for deducting TDS, to provide information
Delhi Pension Scheme to Women in Distress (Widow Pension) is a welfare scheme of the Government of the National Capital Territory (NCT) of Delhi to provide social security by way of financial assistance to widows, divorced, separated, abandoned, deserted or destitute women in the age group of 18 years to lifelong who do not have
Post office is one of the oldest organizations in India which started way back during the British era in Oct 1854, initially focusing only on delivering mail (post) and later started providing an array of other financial services i.e., Banking, Insurance & Investments. The biggest advantage of these schemes is their sovereign guarantee i.e., it
Jan Aadhaar Card is an official document in Rajasthan, which will result in the creation of a database containing data on every resident of Rajasthan. On December 18, 2019, the Rajasthan government announced the introduction of the Jan Aadhaar Card. This Jan Aadhaar card will succeed the previous government’s Bhamashah card. All advantages formerly available via the
Charge of tax Notwithstanding anything contained in the Income-tax Act or in any Finance Act, the undisclosed asset located outside India and declared under section 59 within the time specified therein shall be chargeable to tax at the rate of thirty per cent, of value of such undisclosed asset on the date of commencement of
Declaration of undisclosed foreign asset Subject to the provisions of this Chapter, any person may make, on or after the date of commencement of this Act but on or before a date to be notified by the Central Government in the Official Gazette, a declaration in respect of any undisclosed asset located outside India and
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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