• Carbon Credits

    The recent times have witnessed a rise in the number of transactions involving carbon trading. With India being an important partner in such transactions, the Accounting Standard Board of Institute of Chartered Accountants of India (ICAI) has formulated…

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  • House Rent Allowance (HRA)

    House rent allowance is the allowance given by an employer to an employee to pay the rent of the house in which he/she lives, during the year in which the employee provides services to employer. So…

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  • Employees Provident Fund & its Applicability

    While the government provides social security to its employees during old age via pension, non-government employees are covered under the Employees Provident Fund and Miscellaneous Provisions Act,…

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