Definition of a company

2 weeks ago

Section 3 (1) (i) of the Companies Act, 1956 defines a company as “a company formed and registered under this…

Bank Holidays 2025: Bihar State

2 weeks ago

The government of Bihar on October 3rd, 2024, issued a notification regarding the Bihar Government Holiday List of 2025 under…

Bank Holidays for 2025: Andhra Pradesh

2 weeks ago

The Andhra Pradesh State Government vide circular no. GO/Rt/No.2116 dated 6.12.2024 declared following General Holidays for the year 2025 under…

Preparation of Financial Statements from Trial Balance

2 weeks ago

A trial balance is a preliminary step in preparing a balance sheet. It summarizes the general ledger account balances. The…

What is small company?

2 weeks ago

[This post elucidates the eligibility status of Small Companies and the benefits given to small company promoters and directors.] The…

Preparation of Trial Balance

2 weeks ago

A trial balance is an internal financial report that lists all the balances of general ledger accounts of an entity…

Important items of Balance Sheet and components of balance sheet equations

2 weeks ago

A balance sheet is a financial statement of an entity that is prepared for reporting of financial position of the…

Bank Holidays for 2025: Maharashtra State

2 weeks ago

The Government of Maharashtra Vide No.PHD-1124/C.R.91/Japuk (29) dated December 4, 2024, has released a Notification regarding the list of holidays…

RBI increases collateral free agriculture loan limit from ₹1.6 lakh to ₹2 lakh

2 weeks ago

In a much bigger respite to small and marginal farmers the Reserve Bank of India (RBI) today increased the limit…

Revision in maintenance of Cash Reserve Ratio (CRR)

2 weeks ago

In the Statement on Developmental and Regulatory Policies, RBI announced that the cash reserve ratio (CRR) of all banks by…