What is Agreement?
An agreement is a contract between two or more individuals who sign a contract to start a profitable business together. In the Partnership agreement, the… Read More »What is Agreement?
Business Law
Ethical and Unethical Behavior in Business
Ethical Behavior is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a… Read More »Ethical and Unethical Behavior in Business
What is Partnership? Advantages and Disadvantages
According to section 4 of the Partnership Act of 1932, “It can be defined as the relation between two or more persons who have agreed… Read More »What is Partnership? Advantages and Disadvantages
What is Entrepreneurship? Characteristics of Entrepreneurship
Entrepreneurship is the act of being an entrepreneur. Which is French word meaning ” to undertake”. Entrepreneurs assemble resources including innovations, finance and business acumen… Read More »What is Entrepreneurship? Characteristics of Entrepreneurship
Essential Commodities Act, 1955
Essential Commodities Act, 1955 Essential Commodities Act, 1955 was enacted to ensure easy availability of essential commodities to the consumers and to protect them from… Read More »Essential Commodities Act, 1955
Air (Prevention and Control of Pollution) Act, 1981
Air pollution act, it seems, has come to the notice of the legislature a little later than water pollution. The delay of about seven years… Read More »Air (Prevention and Control of Pollution) Act, 1981
Environmental Laws: Water (Prevention and Control of Pollution) Act, 1974
Environmental Laws enactment of environment legislation can be taken as measure of government’s awareness and concern for the environment. A number of laws dealing with… Read More »Environmental Laws: Water (Prevention and Control of Pollution) Act, 1974
The Competition Act, 2002
The Competition Act, 2002 was enacted by the Parliament of India and governs Indian Competition law. It replaced the archaic The Monopolies and Restrictive Trade Practices Act, 1969. Under this… Read More »The Competition Act, 2002
Transfer Pricing for Tax Planning: Objectives of Transfer Pricing
Increasing participation of multinational groups in economic activities in India has given rise to new and complex issues emerging from transactions entered into between two… Read More »Transfer Pricing for Tax Planning: Objectives of Transfer Pricing
Double Taxation: Objectives of Double Taxation
Double Taxation Double Taxation can be defined as the levy of taxes on income or capital in the hands of the same tax payer in… Read More »Double Taxation: Objectives of Double Taxation