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Income of a Religious Trust under Income Tax Act 1961

Income of a Religious Trust under Income Tax Act, 1961

The definition of Religious Trusts is not present under the Income Tax Act, 1961. The creation of a Religious Trust is mandated by the special law of a certain faith. Furthermore, in accordance with conventional principles, trust is only involved in the exercise of their own faith and belief. Most 'Religious…
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Is Methods Valuation a scam?

Methods of Valuation, its procedure – Is Valuation a Scam?

A company appraisal necessitates a working understanding of several criteria, as well as professional judgment and expertise. This involves recognizing the valuation's goal, the value drivers affecting the subject company, and an awareness of industry, competitive, and economic aspects, as well as selecting and using suitable valuation processes and procedures.…
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Atal Pension Yojana

The Atal Pension Yojana – Eligibility, Procedure and Benefits

The Atal Pension Yojana is a pension system that aims to provide a stable income to the working poor after they retire. All bank account holders are eligible for the Atal Pension Yojana. Any Indian citizen between the ages of 18 and 40 can participate in the initiative. The Government…
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Taxation of Gold and Gold Products under the Taxation System in India

Taxation of Gold and Gold Products under the Taxation System in India

In India, gold is one of the most popular and respected assets. It has shown to be the strongest investment option for generating high returns over time, particularly during economic downturns. There are several gold-related investment options available today. On significant occasions and for celebrations, children's weddings, and a variety…
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How Payroll Software Improve Your Business Productivity

How Payroll Software Improve Your Business Productivity?

Every business has to enhance its processes in order to prosper. Many are afraid to place within the time and money to do so. Even though it isn't the most exciting aspect of owning a business, processing payroll is essential. Payroll systems date back to the 14th century, which is a pretty…
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