It was ruled by the High Court that the profession of Chartered Accountancy forms an important part of the economy of a country. Chartered Accountant stops the issues that come around accounting by doing effective audits and continuous supervision of their clients. CAs properly instruct both proper maintenance of accounts as well as management and planning. If there is any omission in the release of duties can lead to large-scale losses and financial fraud. There has been a responsibility of a CA for their clients and also to ensure in…
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UK PM Starmer makes international debut at NATO summit vowing full Ukraine support | World News
Announcing his international debut at a NATO Summit in Washington, newly inducted UK Prime Minister Keir Starmer has shown staunch support to Ukraine in its war against Russia. Continuing his predecessor Rishi Sunak’s stance toward Ukraine, Starmer went a step ahead in suggesting that strikes inside Russia could be facilitated by British missiles (Storm Shadow). Starmer’s steadfast support message comes at a time when the US election is approaching in November and Republican contender Donald Trump has announced that he would cut a deal with Russia and end the Russia-Ukraine…
Saurabh Mukherjee: Why do smallcaps falter before they are in full bloom? Saurabh Mukherjee told 4 reasons
[ad_1] For a smallcap investor, slowly turning his hidden gem into a much-awaited largecap stock and delivering multibagger returns in between is a dream. Famous fund managers citing market data Saurabh Mukherjee It is said that most smallcaps that show early promise falter as they grow up and eventually sink into oblivion. Data collected by PMS firm marcellus Investment managers show that in the three-year run-up to entering the BSE 500 index, these potential entrants have outperformed the index at a CAGR of 36 per cent, as they move closer…
Full understanding under 80EEA – Housing for all
[ad_1] Full understanding under 80EEA – Housing for all Budget 2019: Introduced in the 2019 Budget, Section 80EEA allows first-time home buyers to save an additional Rs 1.50 lakh per year on home loan interest expenses if they buy an ‘affordable property’. Deduction under section 80EEA exceeds Rs 2,00,000/-, which is the maximum permissible under section 24. (b). But the deduction under section 80EEA is linked to the cost of the house and is available on purchases up to Rs 45 lakh. The carpet area of a residence determines its…