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  • QUESTION 1: How is the professional liability cover different from other liability covers? REPLY: The professional liability insurance differs from other liability insurance policies in a few ways. These are as follows: i). While other liability insurance...

  • Aadhaar is a 12-digit unique identification number issued by the Indian government to its citizens, while Permanent Account Number (PAN) is a 10-digit alphanumeric number issued by the Income Tax department to individuals and entities for tax purposes...

  • Tally is a popular accounting software that is widely used in India to manage financial transactions and generate financial reports. If you have data stored in an Excel spreadsheet that you want to import into Tally, you can do so using the following...

  • New govt measures could lower RBI’s burden of aggressive tightening* Govt says: 1) We are reducing the Central excise duty on Petrol by INR 8 per litre and on Diesel by INR 6 per litre. This will reduce fuel prices by INR 7-10 per lt . Will have a...

  • The post Compliance requirement under Income Tax act, 1961 (Due dates May’2022) appeared first on Accounts Knowledge Hub.

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