Bihar, a culturally diverse state in India, has a population consisting of several castes, each holding its unique socio-economic status. The Indian Government provides certain reservations and benefits to the Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC) to bridge socio-economic gaps. Caste certificate Bihar, a legal document, plays a pivotal role […]
In order to safeguard the interest of creditors or depositors, the Central Government in consultation with the Reserve Bank of India notified the amendment in the Companies (Acceptance of Deposits) Rules 2014 through Companies (Acceptance of Deposits) Amendment Rules 2019. DPT-3 form is a one-time return form of loans that has to be filed by
Akshaya is an Information Communication Technology (ICT) project which started with a great mission to bridge the digital divide in Kerala. It was the first district-wide e-literacy project in India which was inaugurated by his Excellency Dr. A P J Abdul Kalam, then President of India on 18th November 2002. This project was started with
The Employees’ Provident Fund or EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India. The employee and employer each contribute 12% of the employee’s basic salary and dearness allowance towards EPF. The current rate of interest on EPF deposits is 8.15% p.a. The
Government has started the Mera Bill Mera Adhikar scheme . Through which the winners will get rewards worth crores of rupees. Similarly, the Rajasthan government has also started a new scheme to make the citizens of its state aware of the GST bill and give them rewards worth lakhs of rupees. Whose name is Rajasthan Mukhyamantri
The Union Cabinet has approved a major reform in the pension system by introducing the Unified Pension Scheme (UPS). The introduction of the Unified Pension Scheme comes in response to widespread demands from government employees for changes in the New Pension Scheme (NPS). The NPS, which was implemented in the early 2000s, was criticised for
Large organisations have different levels of hierarchy and multiple managers to handle numerous business functionalities. Top managers are the senior-most employees in a company and play a critical role in the overall functioning of an organisation. Knowing the responsibilities of top managers can help you decide whether a senior managerial role suits your interests and
Employee Provident Fund (EPF) is a fund meant for employee welfare. Every month, 12% of the employee’s basic salary and dearness allowance is contributed to this fund account. Besides the employee, the employer also contributes an equal amount in EPF. An employee can withdraw this PF balance according to the PF withdrawal rules. If the amount
Halal is an Arabic term which means ‘permissible or lawful’. Halal is related to Islam and its dietary laws an is specifically related to meat processed and prepared as per the requirements of the laws. On the other hand, Haram is an Arabic term which means ‘prohibited or forbidden’. As per the Quran, there are several products which
Industrial Disputes Act, 1947 is the Act that regulates the labour laws as it concerns all the workmen or all the people employed on the Indian mainland. It came into force on 1 April 1947. The capitalists or the employer and the workers always had a difference of opinion and thus, it leads to lots of
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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