In general parlance, the words bookkeeping and accounting are used in place of each other. But their meaning and concept is entirely different from each other.
Books of accounts including bills and receipts and that is required to be maintained under different statutory laws – Income Tax Act, Companies Act 2013 and GST Act.
Exercise: It is the demonstration of an application being made by the Employee to the Company to have the Options vested in him gave as endless supply of the Exercise Price. Exercise can happen as determined subsequent to Vesting.
Who might have envisioned this at start of the decade? Bill Gates said in his 2015-TED talk "In the event that anything executes more than 10 million individuals in the following not many decades
What makes this profession different- Every chartered Accountant go through from extensive examination to receive this title I.e. prefix before their name as CA and they have various obligations when they receive it.
“Accounting covers broad range of activities like recording, classifying, summarizing and analyzing in a fundamental manner, transactions and events which are of financial character and interpreting the result thereof.”
union budget 2020 highlights income tax - Here are all the key highlights of Union Budget 2020 from Nirmala Sitharaman's. Understand how Union Budget 2020 will impact you, new Income tax slab announcement etc.
