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INCOME UNDER HEAD SALARIES | CS EXECUTIVE TAX LAWS

The first head under the Income Tax is income under the "Salaries" head. Salaries is the one that has various components and associated computations in calculating the taxable income under the head relative to the other head in the Income Tax. Let's delve into knowing the definition of wages, what salary, salary allowances, retirement benefits, leave cash and salary criteria entail. MEANING OF SALARY Salary is the remuneration that a person receives or accrues for service rendered by an express or implied contract, and where such remuneration is periodic. The presence of an employer-employee relationship is the most basic aspect under the heading "salaries" for taxing a specific receipt.  Salary is the remuneration that a person receives or accrues for service rendered by an express or implied contract, and where such remuneration is periodic. The presence of an employer-employee relationship is the most basic aspect under the heading "salaries" for ta

CSEET (PAPER 1) - COMMON BUSINESS TERMINOLOGIES | BUSINESS COMMUNICATION

BUSINESS COMMUNICATION  The research on Business Terms under CSEET – Business Communication is very suitable for students. It's just like, before words and phrases, learning alphabets. Terminologies are, in general, a set of words used in a matter of research, occupation, sector or industry with a specific meaning, etc. It leads to better comprehension and minimizes uncertainty by having established terminologies. This terminology becomes part of our daily conversation sooner or later when we step into a professional course. In this study, let us make it relatively easier to remember these terms by linking memorizing terms to the method. Since the program covers a broad variety of terms from different fields, such as accounting, industry, communications, management, organizational features, legal, etc., we should follow a method of grouping all relative terms under a very suitable heading that allows them to be easily remembered. Before we move to the vast pool of  CommonBusiness T

CSEET - The main components of the economic environment

                             Main components of the economic environment- CSEET What are the main components of the economic environment? The  economic environment  refers to the elements that make an impact on the financial status of the nation. Financial Environment incorporates Gross Domestic Product, Income level at public level and per capita level, Profit procuring rate, Productivity and Employment rate, Industrial, money related and monetary arrangement of the administration and so forth. The economic environment means all the financial elements that influence business and purchaser conduct. The  economic environment  is the whole of the financial conditions and the idea of the economy where the business needs to work and contend. This will incorporate the idea of the economy, the course wherein is advancing, the accessibility of assets (work, capital, and so on), and the states of the market too. All these components blend and establish the financial climate for a firm. The mon

LEGAL APTITUDE AND LOGICAL REASONING - CSEET PAPER 2

TORT LAW: LEGAL APTITUDE AND LOGICAL REASONING – CSEET PAPER 2 The  Law of Tort  is an interesting topic to deal with. Though not a complex law it demands certain understanding for demarcation between law of torts and other wrongs. Now being part of  CS Executive Entrance Test  ( CSEET ) comprising of Objective Type/ Multiple Choice questions, let us look at law of torts with similar view point where we learn torts in a more granulated form.   Tort Meaning Tort – means a civil wrong. The word tort is French equivalent of English word wrong. The word “Tort” is derived from a latin word “Tortum” which means twisted. In general Tort meaning is a civil wrong that causes a claimant to suffer loss or harm resulting in legal liability for the person who commits the wrongful act. Parties – There are 2 parties in a Tort a.  Plaintiff- is a person who sustains injury or suffers loss as the result of wrongful act. The aggrieved / injured party. b.  Tort Feasor– is a person who is responsible for

CSEET 2021 Exam , Eligibility , Syllabus.

 CSEET Online 2021 Exam, Eligibility, and Syllabus Detail. The  CS Executive Entrance Examination  (CSEET) is administered by the Institute of Company Secretaries (ICSI) for direct entry to the CS Executive Program. The  CS Executive Entrance Exam Test  (CSEET) will be conducted 4 times a year in May, July, November, and January. Students appearing for the 10+2 exams/who have recently appeared for the same or students, undergraduates, and postgraduates can register with  CSEET  at icsi.edu. Eligibility Criteria for CSEET 2021 Exam An applicant who has appeared/is appearing for the Senior Secondary (10 + 2) examination is eligible to appear for  CSEET . All graduates/postgraduates who have so far qualified for direct registration for the CS Executive Program are required to pass CSET to qualify for registration for the Executive Program. Concessions Applicants who have passed the CSF Foundation Program are exempted from the  CSEET  without paying a waiver fee. Candidates who have passed