Article 276, Clause 2 of the Indian Constitution, the State Government of West Bengal can charge professional tax on income earned various sources. Professional tax in West Bengal is managed by West Bengal Tax on Profession, Trade, Callings and Employment Act, 1979. Professional Tax In West Bengal As per the West Bengal State Tax on […]

Succession (though not defined anywhere in the statutory law) is the transmission of rights and obligation in an estate, of a deceased person to his heir or heirs, The Louisiana civil code defines it as the process by which the heirs take the estate of the deceased, in other words, it is the right of a

The Rajasthan State Government has introduced a new scheme for the welfare of farmers. The Rajasthan government is also implementing a minimum support price scheme for multiple agricultural items and offering interest-free loans of up to 500 crore rupees. Exemption from mandi charges is also being implemented, which is a fee normally paid on purchase by

The NCW is the statutory body of the Government of India, generally concerned with advising the government on all policy matters affecting women. It was established in January 1992 under the provisions of the Indian Constitution, as defined in the National Commission for Women Act, 1990. The objective of the NCW is to represent the rights of women in India and to provide

secretarial standards in the meeting’s processes and in topics related to them since company law provisions are growing stricter and ROCs are being more vigilant. Secretarial Standard 1 serves as a reference for conducting the Board Meeting in accordance with the Company Act,2013 regulations.  ICSI was the world’s first professional organization to begin the process of developing Secretarial Standards

Karur Vysya Bank (KVB) originated in the year 1916 is headquartered in Karur, Tamil Nadu. It is a private sector bank providing banking services and financial products to its commercial as well as retail consumers. The Bank has spread its wings across the country with 782 branches in 20 States and 3 Union Territories. Types

When stepping down from a director position, it’s useful to offer a letter of resignation as formal documentation of your intent to leave. This letter may ease the transition in your departure and help you maintain a healthy relationship with the organization.The Director of a company may resign from their position in writing at any

A birth certificate in India is an essential official record that documents an individual’s birth. It includes important details such as the person’s full name, their parents’ names, date of birth, place of birth, and gender. It is issued under the Registration of Births and Deaths Act, 1969 and must be registered within 21 days

The Statement of Financial Translations (SFT), formerly known as Annual Information Return (AIR), is a crucial tool in India’s fight against tax evasion and black money. It acts as a window into the financial activities of individuals and entities, revealing previously hidden transactions and ensuring transparency in the financial system. What is a Statement of

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process wherein a company exports a product at a price that is significantly lower than the price it normally charges in its home (or its domestic) market What