Uttar Pradesh Drug License

Uttar Pradesh Drug License

The drug is only legal if it is used for business in cosmetics and medicine. There are two departments like the Food Safety and Drug Department Administration of Uttar Pradesh that give drug licenses to prevent the manufacture and sale of sub-standard, fake medicines. In 1940, to implement the provision of the Drugs and Cosmetic […]

Two-factor authentication (2FA)

2FA

Two-factor authentication (2FA) is a security system that requires two distinct forms of identification in order to access something. Two-factor authentication can be used to strengthen the security of an online account, a smartphone, or even a door. 2FA does this by requiring two types of information from the user—a password or personal identification number (PIN), a

Section 194I – TDS on Rent

Section 194I - TDS on Rent

As per Section 194I, the word rent can be described as a payment categorised as a lease, sub-lease, tenancy, or any agreement to use – land, building, machinery, plant, equipment, furniture, fittings, or land adjunct to a building. Regardless of whether the payee owns it or not. Also, sub-letting is considered a rent payment. The rent

Shednet House

Shednet House

The Shednet House scheme under the Agriculture Department Rajasthan Government provided subsidies to farmers so they could earn more income by cultivating horticultural crops like vegetables, flowers, fruits, etc. by controlling the agro-climatic factors, temperature, humidity, and sunlight. A shednet house or other woven material is a structure that has openings for the necessary sunlight,

Tamil Nadu Grama Bank

Tamil Nadu Grama Bank

Tamil Nadu Grama Bank, a Regional Rural Bank (RRB) was formed as an amalgamation of Pallavan Grama Bank sponsored by the Indian Bank and Pandyan Grama Bank sponsored by the Indian Overseas Bank. This notification was passed vide the Gazette notification dated 28th of January, 2019 by the Ministry of Finance, Government of India, conferred

Customer churn rate 

Customer Churn rate

The churn rate, also known as the rate of attrition or customer churn, is the rate at which customers stop doing business with an entity. It is most commonly expressed as the percentage of service subscribers who discontinue their subscriptions within a given time period. It is also the rate at which employees leave their jobs within

IND AS 16 – Capitalization of Plant & Depreciation

IND AS 16 – Capitalization of Plant & Depreciation

Ind AS 16 prescribes the accounting treatment for Property and P&E (Plant, and Equipment). The principal issues covered in the standard includes: – Timing of recognizing an asset Determining the carrying amounts of the assets Depreciation to be recognized in the financial statements What is IND AS 16 Indian Accounting Standard 16 (Ind AS 16)

Average Salary in India

average salary in india

According to official data from the Ministry of Statistics and Programme Implementation, the average annual income in India is estimated at ₹1,80,000, with the average monthly salary in India typically ranging between ₹15,000 and ₹20,000. However, these numbers can vary significantly based on factors such as job role, experience, and location. With rapid economic shifts and changes in the

Estimation and Measurement of India’s Digital Economy’ report released

Estimation and Measurement of India’s Digital Economy’ report released

India’s digital economy set to drive one-fifth of GDP by 2030 India’s digital economy is projected to grow nearly twice as fast as the overall economy, contributing close to one-fifth of the country’s national income by 2030, according to a report from the Ministry of Electronics and Information Technology (MeitY). The report, titled Estimation and

Rajasthan Land Conversion

Rajasthan Land Conversion

Land conversion is a process of converting agricultural land to non-agricultural land. As per conversion of agricultural land for non-agricultural purposes in Rural Areas Rules, 1992, agricultural land in Rajasthan can be converted for residential, commercial purposes such as trade or commerce or business purposes only by taking earlier permission from the competent authority in