Although the law lays responsibility primarily on the audit committee for establishing and operating internal control, the board is not absolved of responsibility Read more »
A borrower can file an appeal against the DRT before the appellate tribunal only if he deposits 50% of the due amount or 50% ordered by the DRT, whichever is less Read more »
If you’ve received a new credit card in the past year or so, you’re probably still adjusting to life with a chip card (sometimes known as a smart card). I was recently... Read more »
May is Mental Health Awareness Month. It’s estimated that between 20 to 25 percent of all Americans suffer from some form of mental illness.
The origins of mental illness are varied and complex.... Read more »
Corporate India seeks fast-track courts, special benches, investment in judicial infrastructure to beat backlog and rising legal expenses Read more »
Some instances of delays in delivery of justice Read more »
Evasion is not the same as tax planning. If a manufacturer does not show his production in the register and thereby avoids tax, it is evasion, pure and simple Read more »
Private universities can claim income-tax exemption only on two conditions: Firstly, an educational institution or a university must be solely for the purpose of education and without any profit motive. Secondly, it... Read more »
Here are a few things we already know about student loans:
US borrowers owe over $1.2 trillion in student loans
Over 43... Read more »
The concept of substantial ownership and effective control is inherent in aviation law globally Read more »