• 01-Mar-2024

Labour Welfare Fund: Ensuring Social Security and Worker Well-being Introduction: Labour welfare funds play a crucial role in providing financial assistance and essential support to workers in need. The concept of labour welfare aims to enhance working conditions, ensure social security, and ...

• 20-Jul-2023

Understanding the Cash Flow Statement  A cash flow statement is a crucial financial document that provides a comprehensive view of a company's cash inflows and outflows during a specific accounting period. This statement allows accountants to record, monitor, and report all cash-related ...

• 14-Jul-2023

Publication and Equilibrium of Account Books The general ledger comprises all transactions, but what if we need information on transactions involving a specific account? It is impractical to count and determine the total amount or number of transactions, as they likely occurred on different dates...

• 06-Jul-2023

What is an eWay Bill? An eWay Bill is a digital document created on the eWay Bill Portal for the movement of goods. It is mandatory for a GST registered person to generate an e-way bill on ewaybillgst.gov.in if the value of the goods being transported in a vehicle exceeds Rs. 50,000. The e-way bi...

• 28-Jun-2023

What Is Employees’ State Insurance Scheme? The Employees' State Insurance (ESI) Scheme is a social security scheme initiated by the Government of India. It aims to provide coverage to workers in order to protect them from various health-related contingencies that may affect their earni...

• 19-Jun-2023

    Section 44AD of Income Tax Act Section 44AD of the Income Tax Act provides tax relief to certain individuals and professionals, exempting them from the requirement of getting an audit performed or showing books. However, this provision does not apply to assessees engaged in pr...