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Yes, Companies can conduct AGM due in the year calendar year 2021 and for further Years through video conferencing. Circular is available at the link- http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.02_14012021.pdf
Yes, Companies can conduct AGM due in the year calendar year 2021 and for further Years through video conferencing.
Circular is available at the link- http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.02_14012021.pdf
As per the Gratuity Payment Act, Temporary staff, contract workers, etc., are also eligible for the gratuity amount subject to fulfillment of all other conditions. such as they need to complete a minimum of five years in service. The payment of gratuity Act considers Temporary staff and contract worRead more
As per the Gratuity Payment Act, Temporary staff, contract workers, etc., are also eligible for the gratuity amount subject to fulfillment of all other conditions. such as they need to complete a minimum of five years in service.
The payment of gratuity Act considers Temporary staff and contract workers as employees of an organization. but it does not recognize the ‘apprentice’ as an employee hence, the apprentice is not eligible for gratuity.
See lessYes, You can receive the gratuity before the completion of five years. in the following condition if an employee works less than five continuous years then also he will be eligible to get the gratuity. (i). If the person has worked for 190 days continuously since the end of the 4th year of his emploRead more
Yes, You can receive the gratuity before the completion of five years. in the following condition if an employee works less than five continuous years then also he will be eligible to get the gratuity.
(i). If the person has worked for 190 days continuously since the end of the 4th year of his employment. This is applicable in the case of those who are working in underground mines or working with such organizations which work for less than 6 days a week.
(ii) In the case of employees working with other organizations, this period is 240 days.
See lessAs per the Payment of Gratuity Act, Payment of gratuity is allowed only in the following situations: 1.When an employee has completed at least five years in continuous service with that employee and -Resign from the service - On superannuation (means an employee who attains the age of retirement is Read more
As per the Payment of Gratuity Act, Payment of gratuity is allowed only in the following situations:
1.When an employee has completed at least five years in continuous service with that employee and
-Resign from the service
– On superannuation (means an employee who attains the age of retirement is said to be in superannuation)
– At the time of retirement
2. On death or disablement due to accident or disease (the time limit of 5 years shall not apply in the case of death or disablement of the employee)
Note: in the following condition if an employee works less than five continuous years then also he will be eligible to get the gratuity.
(i). If the person has worked for 190 days continuously since the end of the 4th year of his employment. This is applicable in the case of those who are working in underground mines or working with such organizations which work for less than 6 days a week.
(ii) In the case of employees working with other organizations, this period is 240 days.
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All audits on behalf of the Comptroller and Auditor General are required to be conducted as per the auditing standards. In other words, auditing standards shall apply to all types of audit including financial audit, compliance audit and performance audit. In conjunction with obtaining an understandiRead more
All audits on behalf of the Comptroller and Auditor General are required to be
conducted as per the auditing standards. In other words, auditing standards shall apply to all types of audit including financial audit, compliance audit and performance audit.
In conjunction with obtaining an understanding of internal control over financial reporting, the auditor should obtain an understanding of the company’s process for:
- Identifying related parties and relationships and transactions with related parties;
- Authorizing and approving transactions with related parties; and
- Accounting for and disclosing relationships and transactions with related parties in the financial statements.
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