Partnership Deed. The document containing the respective rights and obligations of the members of a partnership is called a partnership deed. It should be ...

A customer of a bank is a person who has an account with a bank is said to be the customer of a bank. It is not possible to make a person a customer of a ...

List of main types of banks are: Commercial banks: Such banks are owned and controlled by Government or may be run in a private sector. This ...

Relationship between a banker and a customer may be: Contractual relationship: Due to the contract between the two, this relationship is said to be the ...

Wages : Wages means all remuneration (whether by way of salary, allowances, or otherwise) expressed in terms of money or capable of being so expressed ...

Section 8 provides criteria for the eligibility for bonus. Every employee receiving salary or wages upto 10,000 per month and engaged in any kind of work ...

According to Section 2 (e), 'employee' means any person (other than an apprentice) employed on wages in any establishment, factory, mine, oil field plantation, ...

Banker: A person who in the ordinary course of his business honors cheques drawn upon him by persons from and for whom he receives money on current ...

Bank is an institution which accepts deposits from public repayable on demand and invests or lends the money. It also provides various other services to its ...

Current Ratio: It is also known as working capital ratio. It is the ratio of current assets of current liabilities. It shows a firm's ability to cover its ...