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How to apply for PAN online

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Th is video will give you all the information regarding how to apply for Permanent Account Number that also free of cost in 10 minutes. How to apply? what are the important points to keep in mind all details are given in the video. For Applying visit the Website of Income tax given below: https://www.incometaxindiaefiling.gov.in For youtube video making accessories : https://amzn.to/2LYUk82

Why can't Government print unlimited money and distribute it to people of the country???

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In this video I have discussed about various questions that comes in our mind regarding printing of money by the government and distributing it among the country man. what are the problems? why can't government do it? Giving money to poor will reduce poverty then why government can't do it? Our country will become rich then why can't government print more currency to make our country rich? What are the side effects? will our economy have any effect? All such doubts will be cleared after watching this video.

Senior Citizen Savings Scheme (SCSS)

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The Senior Citizen Savings Scheme is ideal for senior citizens who want a safe haven for investment and save tax at the same time. If you are a senior citizen over the age of 60, you will want two basic things from your investment – safety and regular income. The Senior Citizen Savings Scheme (SCSS) meets these two requirements, and you get a deduction from taxable income on it too. The scheme is run by the Government of India. The SCSS interest rate for April to June 2020 has been set at 7.4%. This is the highest interest rate among the various small savings schemes in India. SCSS is available through Public / Private sector banks and India Post Offices. The duration of SCSS is five years, comparable to NSC and five-year bank fixed deposits. It can be extended by another three years. You can invest a minimum of Rs. 1,000 and in multiples thereof. The maximum amount that can be invested is Rs. 15 lakh.

Financial package Phase 3 by Finance Minister Nirmala Sitharaman

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Financial package part 2 by Government of India to help the economy

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20 Lakh crore Financial package Phase 1 explained in details .

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National Savings Certificate ( NSC ) #safeinvestment #governmentscheme

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Consequences of Winding up of a company

Liquidation or winding up is a legal term and refers to the procedure through which the affairs of a company are wound up by law. Winding up of a company has been defined in the companies Act 2013 as the process whereby its life is ended and its property is administered for the benefit of its creditors and members. Following are the consequences of winding up: 1. An officer who is called as a liquidator is appointed and he takes over the administration of the company. In case of compulsory winding up, the official liquidator attached to the High Court, functions as liquidator of the company. In case of voluntary winding up by members, such an official is appointed bu the members and in case the voluntary winding up is by creditor, both the members and creditors may appoint such an official. 2. The powers of the board of directors will cease and will now vest the liquidator. 3. Winding up order or resolution of voluntary winding up shall operate as a notice of discharge to all

Liquidator's Final Statement of Account

As we know, the main job of the liquidator is to collect the assets of the company and realise them and distribute the money realised among right claimants. For this purpose he maintains a cash book for recording the receipts and payments and is required to submit an abstract of the cash book to the court in case of compulsory winding up and to the company in case of voluntary winding up. The liquidator is also required to prepare an account of winding up known as liquidator's Final Statement of Account after the affairs of the company are fully wound up. This account takes the form of Cash Account and the following receipts are shown on the debit side of this account:- (1)  Amount realised on sale of assets. (2)  In case of assets specifically pledged in favour of creditors, only the surplus from it, if any is entered as surplus from securities. (3)  Amount received from delinquent directors and other officers of the company. (4)  In case of partly paid up shares, the h

Circumstances for compulsory winding up of the company.

Section 271 of the companies Act 2013 provides the circumstances for compulsory winding up of the company: A company may, on a petition under section 272 be wound up by the tribunal - (a)  If the company is unable to pay its debts (b)  If the company has, by special resolution, resolved that the company be wound up by the tribunal. (c)  If the company has acted against the interest of the sovereignty and integrity of India, the security of the state, friendly relations with foreign states, public order, decency or morality. (d)  If the Tribunal has ordered the winding up of the company under Chapter XIX (of the companies Act 2013 dealing with revival and rehabilitation of sick companies). (e)  If on application made by the registrar of any other person authorised by the central government by notification under this Act, the Tribunal is of the opinion that the affairs of the company have been conducted in a fraudulent manner or the company was formed for fraudulent and unla

Meaning of Liquidation and modes of Winding up or Liquidation

Liquidation or winding up is a legal term and refers to the procedure through which the affairs a company are around up by law. Winding up of a company has been defined in the companies Act 2013 as " the process whereby its life is ended and its property is administered for the benefit of its creditors and members. A company being a creation of law, cannot die a natural death. It comes to an end by law through the process of liquidation or winding up. The process of winding up of a company is that a liquidator is appointed who is ebtrusted with the following duties:   (a)  Selling of the assets of the company.   (b)  Paying off its liabilities.   (c)  If there is any deficiency to pay to the creditors, the shareholders are called upon to pay unpaid amount on their shares.   (d)  If there is any surplus after clearing off the liabilities, it may be distributed to the contributories according to their rights under the articles.    (e)  After going through the above pr

How to check EPF balance via EPFO's website, SMS and missed call

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Employee Provident Fund or EPF acts as a saving tool for employees. In EPF accounts, the employees contribute 12 percent of their salaries, and an equal amount is contributed by the employers. Employees' Provident Fund Organisation (EPFO), the nodal body for EPF, allows subscribers to view their balance online through its website. EPFO also provides the balance information via missed call facility and SMS service. To check EPF balance, subscribers must have their Universal Account Number (UAN) activated. The UAN is an identification number mentioned in the monthly salary slip of an employee. It is unique for every employee enrolled under the EPF scheme. Here's a step-by-step guide on how to check your EPF balance:. To check EPF balance via EPFO's website Step 1:  Visit EPFO's official website -- epfindia.gov.in and log in Step 2: Go to ‘Our Services’ tab and choose the option that says “for employees” Step 3:  Click on the option ‘Member Passbook’ under