The Dividend Distribution Tax (DDT) is a tax levied on total dividends distributed by domestic corporations to their shareholders. The amount of DDT payable shall be determined according to the number of shares held by each shareholder and whether or not such shares are listed or unlisted.
For listed shares, if a shareholder disposes of its whole […]
AS 15 Employee Benefits covers all types of employee benefits, as well as all forms of compensation supplied by an employer in exchange for employee services. The inventory compensation is not addressed in AS 15.
AS 15 went into effect on April 1, 2006, and it applies to Level 1 businesses. Level – 1 businesses, […]
Credit ratings are an essential factor in the working of industries and sectors, as it is a validation tool for most financial decisions. It acts as a benchmark to measure the creditworthiness of borrowers such as companies and governments. It also helps fund managers to make investment decisions. In India, there are five major credit rating […]
Section 145 provides standards for income computation and disclosure standards (ICDS) by certain entities. It aims to provide uniformity in the accounting policies for disclosing income earned, accumulated, or received during a particular year. The standards are more significant for listed companies as their securities are traded on securities exchanges. These standards have been framed under […]
Investing in real stock shares includes a lengthy process, a lot of paperwork. This account is necessary to keep the entire process simple and fast. Demat accounts are used to hold shares and securities in a dematerialized/electronic state while trading online. Dematerialization is the process of converting your share certificates […]
According to figures from the Ministry of Finance, about 4 crore bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme since its introduction in August 2014.
PMJDY is a government-sponsored scheme that aims to provide financial inclusion for everyone in […]
