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Income Tax in India: Meaning, Tax Slabs, Income Heads & Deductions
Income tax is the most important form of tax that every earning person in India must pay to the government.…
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Ind AS 109 Financial Instruments: Meaning, Measurement & More
Businesses must correctly classify, recognize, and measure financial assets and liabilities in financial reporting. Ind AS 109 financial instruments outline…
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Statutory Benefits for Employees: PF, Bonus, Maternity & More
Every organization must provide Statutory Benefits for Employees to ensure their well-being and financial security. These benefits are governed by…
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Understanding Operating Lease with IFRS 16 Accounting Rules
For the temporary use of the asset, the Lessor pays hard cash at scheduled rentals to the Lessor. But ownership of…
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Lease and License Agreement: Key Differences and Legal Aspects
By definition, a lease and a license agreement are different means by which rights to use the property are granted.…