Monisha Chaudhary

While it can be seen that prior knowledge and local management’s experience are the major factors in the recognition of certain transactions, in the field of financial accounting such factors as established standards are essential. AS 2 refers to Accounting Standard 2, whereby policies in recognition of inventories can be properly evaluated for the value […]

Gold has always held a special place in the hearts of the Indian people. It is considered an auspicious metal for various Indian cultural occasions. Gold is considered an essential part of our culture and our finances, too. Since the implementation of the Goods and Services Tax in India in 2017, along with other goods […]

The Food Safety and Standards Authority of India (FSSAI) is the government-authorized body responsible for regulating and supervising food safety in India. Sometimes, this body enforces bans on particular food items to ensure that the food consumed by the public is safe, healthy, and free from harmful substances. These bans are mainly based on environmental […]

While taxi services and public transportation have significantly improved in recent times, there are still numerous justifications for owning a personal vehicle. Beyond granting you the flexibility to travel anywhere at any hour, possessing your own car instils a sense of freedom. To legally operate a motor vehicle independently, one must first acquire the necessary […]

In the past ten years, cryptocurrencies have gone from a mysterious asset to a hugely popular investment, only to plummet sharply as interest rates rose. Digital money protected by computer networks and cryptography is known as cryptocurrency. These currencies allow for transactions to be completed while preserving the semi-anonymity of buyers and sellers. It’s not […]

In the Indian state of Tamil Nadu, Pattas and Chittas are essential land records that play a crucial role in establishing property ownership and managing revenue. A patta is an official document that identifies the legal owner of a piece of land. It contains important information such as the ownership details, survey numbers, and the […]

ESIC Portal is an online site that allows employers to contribute to their employees’ ESIC accounts every month. The ESIC portal includes additional features such as registration, login capabilities, a complete information guide, and a convenient platform for making payments. You may be a new finance professional, HR manager, or business owner and would like […]

PAN card is a unique system of identification, a computer-based system that gives an identification number to every Indian citizen for the tax-paying entity. Using this identity, a person’s whole tax record is kept on file against a single PAN number, the primary key for data storage. No two tax-paying entities may have the same PAN […]

There are two important codes followed in India for taxation and international trade: the HSN Code and the SAC Code (Harmonized System of Nomenclature and Service Accounting Code). Though they both pertain to the GST regime, the HSN code is used for taxation purposes, while the SAC code is used for the classification of services. One […]

Everybody desires to increase their savings and build a solid financial foundation that can support them in the event that they don’t have a steady source of revenue. Savings are, quite legitimately, essential to any fiscal plan’s accomplishment. Paying tax on your whole income that is taxable, however, may lower the amount you save and […]

India stands as one of the foremost producers and exporters of cotton Internationally, rendering it a major participant in the international cotton export business. The cotton export sector in India contributes substantially to the nation’s economy, creating employment prospects and earning foreign currency. The cotton export business in India is supported by a robust infrastructure, […]

All the regulations related to medical devices in India for their import, sale, distribution, stocking, and manufacture are regulated by the Central Drug Standard Control Organization (CDSCO), which is the national regulatory authority in India. Medical devices are crucial devices used in different types of medical emergencies and directly impact citizens’ health; hence, high-level verification […]

An effective affidavit is used in the court to assert any evidence in the proceedings of any ongoing case. It is used for recording statements, submitting evidence, documents, etc. by the advocates on behalf of their clients in the court.    Introduction to Affidavit An affidavit is a sworn declaration that is essential to judicial […]

Dearness Allowance is the money that is received by the employees apart from their basic payroll. There are fixed and variable dearness allowances given to the employees so that they can cater to their needs and combat inflation. It is mainly calculated based on the employees’ salary structure and may vary depending on the circumstances. […]