Introduction:
A Non-resident Ordinary (NRO) account is a savings or current account held in India that helps NRIs manage income earned in India such as rent, dividends, or pension from abroad. The account holder can deposit and manage accumulated rupee funds conveniently through an NRO account.
Repatriation under NRO account:
The principal amount is not repatriable and can be used only for local payments. However, the interest earned i read more
Reverse charge is a mechanism where the recipient of the goods and/or services is liable to pay GST instead of the supplier.
1. What is Reverse Charge?
2. When is Reverse Charge Applicable?
3. Time of Supply under Reverse Charge
4. What is Self-Invoicing?
5. Frequently Asked Questio read more
Companies Act , 2013
A normal company is required to maintain its books of account and vouchers for a period of 8 years immediately preceding the current year.
The books and papers of the Amalgamated/Transferor Company must be not be disposed of without the prior permission of the Central Government.
The books and papers of a company which has been wound-up and of its liquidator shall not be destroyed for a period of 5 years from the date of its dissol read more
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