E-stamping is an online method of paying non-judicial stamp duty on property to the government. Online stamping has replaced the traditional ways of paying stamp duty charges including physical stamp paper and franking. Several State governments currently have already adopted the online mechanism. Stock Holding Corporation of India Limited (SHCIL), the Central Record Keeping Agency […]
Recurring deposits (RDs) are an investment instrument almost similar to fixed deposits. However, you have to make fixed monthly deposits in RDs, unlike a lump sum amount in FDs. RDs create a habit of regular investment among earning individuals. These also instil discipline when it comes to savings. Recurring deposits are offered by the majority
The Indian Income Tax Act, 1961, defines AOP (Association of Persons) as an integration of persons for a mutual benefit or a common purpose. They may be individual or artificial persons such as LLP or a company. For example, two companies may join together and form an AOP for the achievement of a common objective.
Under the scheme, 50 talented youths will be provided world-class sports facilities. The selected youths will be given access to an acceleration center and an acceleration coach in Jaipur, where they will be groomed for the Olympic level competition. The state government has also allocated Rs. 100 crore for setting up a Centre of Excellence for Sports in Jaipur, which will
The Rajasthan Tax Board in Jaipur is a quasi-judicial authority established to handle tax-related disputes within the state. It functions primarily as an appellate body for cases involving state taxes, like sales tax, VAT, GST, and other levies governed by Rajasthan’s tax laws. Here’s a breakdown of its functions and structure: Purpose and Role Appellate
The scheme was set up by the late Nizam of the State of Hyderabad in 1907 for the well being of his employees. This was initially run by a Management Committee under the name Family Pension Fund. In the year 1913, it was renamed as Hyderabad State Life Insurance Fund. The name was finalized as
PM JANMAN is a government scheme that aims to bring tribal communities into the mainstream. The scheme (comprising Central Sector and Centrally Sponsored Schemes) will be implemented by the Ministry of Tribal Affairs, in collaboration with the State governments and the PVTG communities. The scheme will concentrate on 11 critical interventions overseen by 9 line Ministries, ensuring the
Every employee who makes EPF contributions is given a 12-digit number called the Universal Account Number (UAN). The Employee Provident Fund Organisation (EPFO) creates and then distributes UANs. What is UAN? The Universal Account Number (UAN) is a 12-digit unique number assigned to every employee contributing to the EPF. It is generated and allotted by the Employees’ Provident Fund
Class 36 of a trademark includes services such as insurance, financial affairs, monetary affairs, and real estate. This class, therefore, covers all types of financial services involved in keeping the insured persons or property safe, such as banking and investments, and management of real estate. By registering Class 36, you are ensuring that exclusive rights
Women’s Entrepreneurship Day is globally celebrated on November 19 every year to promote entrepreneurship among women and to recognise their contributions in the business world. 1. Oprah Winfrey: “Follow your passion — and if you don’t know what it is, realize that one reason for your existence on earth is to find it.” 2. Sheryl
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