WHT on Salary u/s 149 of ITO 2001

 

Consolidation Aaccounting

 Consolidation accounting is the process of combining the financial statements of multiple entities under common control into a single set of financial statements. This is usually required when a parent company owns a controlling interest in one or more subsidiaries. Consolidation accounting is a complex topic that requires a thorough understanding of accounting principles, financial reporting standards, and business structures.

Why is Consolidation Accounting Important?

Consolidation accounting is important because it provides a comprehensive view of the financial performance and position of a group of companies. This is particularly important for investors, lenders, and other stakeholders who need to understand the financial health and prospects of the group as a whole. Consolidation accounting also ensures that financial reporting is consistent and accurate, which is essential for regulatory compliance and good corporate governance.

Click here

Money Laundering

 Money laundering is a serious crime that involves disguising the proceeds of illegal activities as legitimate funds. The process of money laundering makes it difficult for authorities to trace the original source of the funds, thereby enabling criminals to enjoy their illicit gains without fear of being caught. In this blog, we will discuss what money laundering is, how it works, and the consequences of engaging in this criminal activity.

What is Money Laundering?

Money laundering is the process of taking money that has been obtained through illegal means, such as drug trafficking, terrorism financing, or embezzlement, and making it appear as if it was earned through legal means. This is achieved through a series of transactions that serve to "clean" the money and remove any trace of its criminal origin. Money laundering is a serious crime that is punishable by law in most countries.

Exchange Rates ( Forex Rates)

Ratios

Liquidity Analysis Ratios

Current Ratio

		Current Assets
	Current Ratio =	------------------------
		Current Liabilities

Quick Ratio

		Quick Assets
	Quick Ratio =	----------------------
		Current Liabilities

Quick Assets = Current Assets - Inventories

Net Working Capital Ratio

		Net Working Capital
	Net Working Capital Ratio =	--------------------------
		Total Assets

Net Working Capital = Current Assets - Current Liabilities

S.M.Es Mangement (overview)

THE HISTORY:

Recent years have seen a major resurgence of small business throughout the developed world. The countries

like divided Russia and Eastern Europe are prizing such skills very high.

The first piece of writing about the small business discovered was of about more than 4000 years ago. This

writing is about loaning from a Bank for a small business with terms and conditions. Since then, the small

business people have been the backbone of most economies providing products and services to the

consumers.

Small business flourished in almost all ancient cultures. The Egyptians, Arabs, Babylonians, Jews, Greeks

and Romans contained a substantial population of small business. Their products and services, however,

were often of poor qualities. Consumers were cheated and degraded. The result was that small business

became object of contempt. To protect the customers from such unscrupulous traders, HAMMURABI, the

king of Babylon introduced the first business laws.

 

S.M.Es (overview)

THE HISTORY:

Recent years have seen a major resurgence of small business throughout the developed world. The countries

like divided Russia and Eastern Europe are prizing such skills very high.

The first piece of writing about the small business discovered was of about more than 4000 years ago. This

writing is about loaning from a Bank for a small business with terms and conditions. Since then, the small

business people have been the backbone of most economies providing products and services to the

consumers.

Small business flourished in almost all ancient cultures. The Egyptians, Arabs, Babylonians, Jews, Greeks

and Romans contained a substantial population of small business. Their products and services, however,

were often of poor qualities. Consumers were cheated and degraded. The result was that small business

became object of contempt. To protect the customers from such unscrupulous traders, HAMMURABI, the

king of Babylon introduced the first business laws.