Expenses not deductible under business Profession : The following under the head profits and Gains from Business and profession— Excessive and ...

Applicability of the Payment of Gratuity Act, 1972 The Act applies to Every factory, mine, oil field, plantation, port and railway company; Every shop or ...

Payment of Gratuity : According to Section 4 Gratuity shall be payable to an employee on termination of his employment after he has rendered continuous ...

Forfeiture of Gratuity (Section 4 (6)] : Under the following circumstances gratuity payable to an employee may be forfeited. The gratuity of employee whose ...

Duty to Pay Gratuity : It is the duty of the employer to pay the gratuity to his employees on time. It is the duty of the employer to determine the amount ...

Recovery of Gratuity : Section 8 provides that if the amount of gratuity payable under this Act is not paid by the employer within the prescribed time, the ...

Speculation is defined as dealings in securities with the object of making profit from the difference in prices. It leads to gain for someone and loss for ...

Stock exchange is defined as an association, organization or body of individuals, whether incorporated or not, established-for the purpose of assisting, ...

Stock exchange is a market or a place where various types of securities are bought and sold. It is organized as an association or society or company and every ...

Stock exchanges are not only used as a platform in order to carry business transactions but they are the barometers that helps in indicating the general ...