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Banking services encompass a wide range of financial products and services provided by banks to individuals, businesses, and institutions. Here's an overview of the key types of banking services:
Depositor Financial...
Live information, also known as real-time or up-to-date information, is highly valuable to accountants for several reasons:
Timely Decision-Making:
Accurate Financial Reporting:
Risk Management:
Budgeting and Forecasting:
Cash Flow Management:
Audit and Compliance:
Performance Monitoring:
Cost Control:
Efficient...
Accounting policies are the rules and guidelines chosen by an enterprise for use in preparing & presenting its financial statements. Accounting policies are important because they set a...
FEMA governs all foreign exchange transactions in India. It is essential for companies and individuals involved in foreign exchange to comply with FEMA regulations. Key compliances include:
Importers
Import Documentation: Maintain accurate documentation...
Electronic governance refers to government functioning with the application of “INFORMATION AND COMMUNICATION TECHNOLOGY”. So e-governance is basically a step towards smart governance, which...
Today, mobile devices have become essential & fundamental tools for professionals across various industries. They provide flexibility and convenience, helping professionals stay connected, productive...
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Interest under Income Tax Act
PARTICULARS
234A
234B
234C
234D
220(2)
NATURE OF DEFAULT
DELAY OR DEFAULT IN FILING RETURN OF INCOME U/S 139(1) OR U/S 142(1)
DEFAULT IN PAYMENT OF ADVANCE TAX
DEFEREMENT...
What is Debt Restructuring?
Corporate debt restructuring refers to the reformation of a business entity that is in financial trouble. The main aim refinances its...