The Importance of Recycling in Waste Management Waste management is a critical issue that affects our environment and our health. The improper disposal of waste can lead to pollution, contamination of water sources, and a host of other environmental problems. One of the most effective ways to manage waste is through recycling. Recycling is the...

Sexual Harassment Policy Introduction A sexual harassment policy is a set of guidelines and procedures put in place by an organization to prevent and address instances of sexual harassment in the workplace or any other environment where the policy applies. It is designed to ensure a safe and respectful environment for all individuals and to...

Job Order Costing Welcome to the KNM Management Advisory Pvt. Ltd. blog, where we delve into one of the important fundamental aspects of cost management – Job Order Costing. In this comprehensive guide, we will explore the ins and outs of job order costing, its importance for businesses, and how it can help organizations effectively...

Understanding IRR   IRR, or internal rate of return, is a financial metric used to measure the profitability of an investment. It is often used in capital budgeting to determine whether a project should be undertaken or not. In this blog post, we will go over the basics of IRR and how it is calculated....

How to Ensure Better Forecasting of Cash Flows Forecasting cash flow is one of the most important aspects of running a successful business. Cash flow forecasting is a critical tool that can help business owners anticipate future cash inflows and outflows, identify potential shortfalls, and make informed decisions to ensure that the business has enough...

Strengthen your internal controls the right way.   Internal controls are essential to the success of any business. They are the systems, policies, and procedures that a company uses to ensure the accuracy and completeness of its financial reporting, safeguard its assets, and comply with laws and regulations. Strong internal controls can help prevent fraud,...

CBDT Notification No. 33/2023-Income Tax, Dated: 29th May, 2023 The scheme is called the e-Appeals Scheme and will come into force once published in the Official Gazette. It applies to appeals filed under section 246 of the Income-tax Act, 1961, except cases excluded under sub-section (6) of that section. As per the e-Appeals Scheme, 2023,...

Subsidiary Companies in India What Is a Subsidiary ? In the corporate world, a subsidiary is a company that belongs to another company, which is usually referred to as the parent company or the holding company. The parent company holds or controls the subsidiary company. The parent company should have more than 50% of ownership...

There are several wallets associated with one user. How “net winnings” should be calculated based on a user’s many wallets   In accordance with Rule 133, every user account, regardless of name, that is registered with an online gaming intermediary and in which a user’s winnings, taxable deposits, non-taxable deposits, or withdrawals are credited or...

Alternative Investment Funds (AIFs) — By Deepak Aggarwal These are investment vehicles that pool funds from various investors to invest in non-traditional or alternative asset classes. These funds differ from traditional investment funds like mutual funds or exchange-traded funds (ETFs), which primarily invest in stocks, bonds, or other publicly traded securities. AIFs provide investors with...