January 2025

Section 8 – LIMITATION ACT, 1963

Special exceptions Nothing in section 6 or in section 7 applies to suits to enforce rights of pre­emption, or shall be deemed to extend, for more than three years from the cessation of the disability or the death of the person affected thereby, the period of limitation for any suit or application.  

How To Activate SBI Debit Card

How To Activate SBI Debit Card

All SBI customers are asked to create a 4-digit debit card PIN or Green PIN after opening a savings or current account. SBI Debit Card PIN generation is required to activate your SBI debit card and enable a secure debit card transaction. Methods for SBI Debit Card PIN Generation SBI ATM PIN generation through ATM

Section 7 – LIMITATION ACT, 1963

Disability of one of several persons Where one of several persons jointly entitled to institute a suit or make an application for the execution of a decree is under any ‘such disability, and a discharge can be given without the concurrence of such person, time will run against them all; but, where no such discharge

MPR and Budget Announcement of CAD

The Finance Ministry is in talks with commerce, petroleum, fertiliser and pharma ministries on steps to cut CAD, the sources added. Official data released in December showed India’s current account deficit widened to $36.4 billion or 4.4 of GDP in the third quarter of 2022, from $18.2 billion or 2.2 percent of GDP in the second quarter.

Claim Deduction under Section 80gg

claim deduction under section 80gg

House rents can become a real burden, mainly in metropolitan cities where getting a house on rent is difficult. Since the demand for the rented house is so high, the rent skyrockets daily. However, HRA is a financial benefit for salried employees that provide them with tax exemptions on the rent they pay for their

Section 6 – LIMITATION ACT, 1963

Legal disability (1) Where a person entitled to institute a suit or make an application for the execution of a decree is, at the time from which the prescribed period is to be reckoned, a minor or insane, or an idiot, he may institute the suit or make the application within the same period after

Bata Franchise

Bata Franchise

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. Incorporated as Bata Shoe Company Private Limited in 1931, the company was set up initially as a small operation in Konnagar (near Calcutta) in 1932. In January 1934, the foundation stone for the

Section 5 – LIMITATION ACT, 1963

Extension of prescribed period in certain cases Any appeal or any application, other than an application under any of the provisions of Order XXI of the Code of Civil Procedure, 1908, (5 of 1908), may be admitted after the prescribed period if the appellant or the applicant satisfies the court that he had sufficient cause

QuickBooks vs Tally Accounting Software

QuickBooks vs Tally Accounting Software

Business Accounting is the process of recording, evaluating, and displaying financial transactions and data. A company’s performance can keep it on track, and we can also record everything from start to finish. If done manually, it is a very complex and time-consuming task. Accounting software such as QuickBooks and Tally is widely used in Indian

Section 4 – LIMITATION ACT, 1963

Expiry of prescribed period when court is closed Where the prescribed period for any suit, appeal or application expires on a day when the court is closed, the suit, appeal or application may be instituted, preferred or made on the day when the court re-opens. Explanation: A court shall be deemed to be closed on any