This article provides a specimen format of a Charitable Trust Deed focused on education and healthcare objectives. It outlines the essential clauses, legal language, and structural components required to establish a valid and compliant charitable trust in India.
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This article provides a sample board resolution format for appointing an authorized signatory to represent a company in civil, criminal, and legal proceedings. It ensures legal empowerment and clarity on roles, protecting the company’s interests in all judicial matters.
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The Companies Act, 2013 provides the useful life of various assets under Schedule II. Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. Full text of Schedule II of Companies Act,2013.
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Depreciation is a provision that allows businesses to claim a deduction for the decrease in value of tangible assets used in their business operations over time. The Income Tax Act provides for different rates of depreciation for different types of assets
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Income tax Rates for Financial year 2023-24 , Assessment Year 2024-25. New Tax regime regime rates versus Old Tax regime rates. Exemptions and deductions available under new Tax regime and old Tax regime.
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