Every time we make investments in form of mutual funds or FDRs, we are given an option to nominate someone. It is very important to have a nominee who will be eligible for gaining the access to the money in case the account holder is dead. It is essential to have a nominee in order […]
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Application Letter for Loan Date Extension
Many of us have taken loans from bank but sometimes we are unable to repay them on time because of various reasons. In such a scenario, intimating the bank of the same in a formal way by writing application letter for loan date extension is the right thing to do. With a request letter for […]
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What is HUF and Format for Declaration for Creation of HUF?
HUF or Hindu Undivided Family is a legal entity which can be formed by Hindu family by the family members coming together and putting together the assets. Other than Hindus, Sikhs, Jains and Buddhists can also form a HUF. The roots of HUF go back into the Hindu Law. It consists of males of a […]
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Practical Approaches to Audit of Governmental Agencies
It is my attempt to share with all my professional colleagues some practical approaches to audit of Governmental Agencies. Practical Approach to Audit of Government Agencies Basically, Government Agencies receives Grant in Aid from the Central/State Govt. for their Operations & Day to Day activities, Auditor’s first Role evolves here only Generally the manner […]
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