Schdule III – Part ‘C‘ The following are the useful lives of various tangible assets: Nature of assets Useful Life I. Buildings [NESD] (a) Buildings (other than factory buildings) RCC Frame Structure 60 Years (b) Buildings (other than factory buildings) other than RCC Frame Structure 30 Years (c) Factory buildings -do- (d) Fences, wells, …
Schedule II of Companies Act, 2013 – Depreciation Read More »
Company is an artificial person created by Law. Two human agencies, through which a company acts, are members of the company and Board of directors. The Board is a managerial body to whom is entrusted the whole management of the company. It is constituted by the members. Directors are accountable to the members as much …
Comprehensive guide to Loans under Companies Act , 2013 (Including Deposits) Read More »
The Department of Food & Public Distribution has issued a notification on 18th June, 2021 to ensure right quantity to beneficiaries in distribution of subsidized food grains as per their entitlement under the National Food Security Act (NFSA), 2013. In order to incentivise States who are operating their ePoS devices in a judicious manner and …
Amendment in Food security (Assistance to State Government Rules) 2015 notified Read More »
THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) (POSH) ACT, 2013 AND ITS COMPLIANCES The POSH, Act, 2013 was introduced with an aim to provide protection against sexual harassment of women at workplace and for the prevention and redressal of complaints of sexual harassment and for related matters. The POSH Act, 2013 …