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Introduction The repayment of money spent by a person is referred to as reimbursement of expenses. This frequently occurs in business transactions when a supplier incurs expenses on behalf of the recipient who is meant to incur the expenses. In most cases, tax is only applied to the profit margin,…

Planning avoids expensive court disputes later. Regardless of how good your relationship is with your partner while entering into a partnership, you should take into account a legally shaped partnership agreement. The article highlights all you need to know about the Partnership Agreement. Table of Contents- Partnership Agreement Features of the Partnership Agreement Prohibition Agreements…

The RERA (Regulation and Development) Act of 2016 came into effect on 25 March 2016 after which 7 union territories and 19 states have drafted and introduced the Regulations governing property projects. Developers now have to register their Housing Projects with the relevant Real Estate Regulatory Authority. The article highlights…

Under the RERA Act, promoters must to register their real estate project to sell, advertise, market, book or buy. The promoters must apply to the authorities for registration. In this article, we look at the RERA registration for a project. Table of Contents- Real estate project: Defined Who needs to…

What is CSR? Corporate Social Responsibility or CSR is a managerial theory wherein corporate houses acknowledge their social and environmental responsibilities and incorporate them into their corporation’s operations. Thus, CSR is the medium through which a company achieves a balance of economic, environmental and social imperatives. Such an approach is…

  The term notice is derived from Latin word “notitia” which means “a being known” or a knowing is wide enough in legal circle to include a plaint filed in a suit. A notice is simply an information or warning or reminder of something registered in a writing form which…

The word significance of the expression "audit" is check, review, examination, and so on. There are different sorts of audit mentioned under various laws like company law requires an company audit, cost accounting law requires an cost audit, and so forth. The Income-Tax Law requires the citizen to get the…

MSME stands for micro small and medium enterprises which are the cornerstone for any developing country. To help and advance MSMEs, the Government of India through different sponsorships, plans and incentives advance MSMEs through the MSMED Act. To profit, the advantages under the MSMED Act from the Central or State…

The establishment of Companies Act, 2013 permitted India to have an advanced enactment for development and regulation of corporate area in India. The demonstration was ordered considering the changing monetary and business climate both locally and worldwide to work with business-accommodating corporate regulations, further develop corporate administration standards, upgrades responsibility…

Trademark is an example of intellectual property. It could be a term, gadget, phrase, logo, or any mixture obtained by any organization or corporation to distinguish their commodity from the commodities of other firms. It is also referred to as the “Brand Name”. Any corporate organisation, individual, or legal body…