Maternity Benefits to the Women Employees Government is working on an incentive Scheme of reimbursement of  07 weeks wages for entities that provide 26 weeks maternity benefits to their woman employees as provided for in the Maternity Benefit (Amendment) Act, 2017. To enable an entity to avail of the incentive, the women employees working in their entity should be a wage earner of less than Rs.15,000/- per month and a member of Employees’ Provident Fund Organisation (EPFO) for at lea...

Payment of Gratuity to employees under the Working Journalists (Conditions of Service) and Miscellaneous Provisions Act, 1955   A. Applicability  The Working Journalists (Conditions of Service) and Miscellaneous Provisions Act, 1955 lays downs an elaborate scheme applicable to Working Journalists.   “Working Journalist” means a person whose principal avocation is that of a journalist and includes an leader-writer, news editor, sub-editor, feature-writer, copy-tester, r...

SECRETARIAL STANDARDS - A TOOL FOR GOOD CORPORATE GOVERNANCE     The rules of Secretarial Standards are aimed at bringing in uniformity in practices followed across companies and strengthening Corporate Governance.   INTRODUCTION   As we all know that The Institute of Chartered Accountants of India (ICAI) has listed out numerous accounting principles and rules which are to be followed by the auditor fraternity while auditing the organizations they are appointed to audit f...

Dear Professional Colleague,   As per the provisions Section 212 of the Companies Act, 1956  holding companies requires to attach with their balance sheet a copy of the balance sheet, profit and loss account etc of each of its subsidiaries.  In recent years, with the globalization of the Indian economy, there has been a large increase in the number of holding companies and subsidiaries. Accounting policies and practices have also evolved, and Accounting Standards have...

    CS - Payment of Annual Member ship / Certificate of Practice fee for the year 2011-12   Payment of Annual Member ship / Certificate of Practice fee for the year 2011-12     1 . Payment of Annual Membership fee/Certificate of Practice fee   A s you are kindly aware that the Annual Member s hip fee/Certificate of Practice fee for the year 2011-12 became payable on 1 s t April, 2011.&...

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