Income From Salary

Income From Salary

Question 1:- What is meant by prerequisite? What are tax-free benefits? Meaning of Perquisites:- Perquisites means such facilities and benefits which are received by an employee from his employer in addition to salary in the form of such goods or services facility which can be valued in money. Such facilities or benefits may be provided … Read more

Characteristics of the Company

Meaning of company

Company means such a form of business organization which is established by some persons for the purpose of making profit under the provisions of legislation. In simple words, ‘company’ means a group of persons having a common objective and whose capital is divided into transferable limited liability shares. The business of the company is conducted … Read more

Pollution Due to Urbanization Essay

Pollution Due to Urbanization Essay

Pollution Due to Urbanization Essay:- In the recent past few years, rural population is increasingly migrating to the cities, as they are also attracted by the comfortable lifestyle like the urban people. Urbanization has become one of the most important issues which has brought many dire consequences in most of the countries. Essay 1 (300 … Read more

Tax Planning Tax Avoidance and Tax Evasion

Tax Planning, Tax Avoidance and Tax Evasion

Question:- What is tax planning? State the features, objectives and importance of tax planning. Or The main objective of tax planning is, “To minimize the tax liability of the taxpayer, explain the need for tax planning in the context of this statement. Or What do you understand by the term ‘tax planning’? State the objectives … Read more