WHAT IS LLP

-




Limited Liability Partnership.

LLP stands for Limited Liability Partnership.
Limited Liability Partnership is a legal entity formed under the Limited Liability Partnership Act, 2008. The partners have limited liability in the company which means that personal assets of the partners are not used for paying off the debts of the company.







टिप्पणियाँ

एक टिप्पणी भेजें

इस ब्लॉग से लोकप्रिय पोस्ट

Country-wise Financial Year List

-
--- 🌍 Country-wise Financial Year List 🏦 Asia India → 1 April to 31 March Pakistan → 1 July to 30 June Bangladesh → 1 July to 30 June Nepal → 16 July to 15 July (Bikram Samvat calendar) Sri Lanka → 1 April to 31 March China → 1 January to 31 December Japan → 1 April to 31 March Singapore → 1 April to 31 March Malaysia → 1 January to 31 December (some companies may follow 1 July – 30 June) UAE → 1 January to 31 December Saudi Arabia → 1 January to 31 December Qatar → 1 January to 31 December Kuwait → 1 April to 31 March --- 🌍 Europe United Kingdom → 6 April to 5 April (for individuals), but Companies → 1 April to 31 March Germany → 1 January to 31 December France → 1 January to 31 December Italy → 1 January to 31 December Spain → 1 January to 31 December Russia → 1 January to 31 December --- 🌎 Americas United States → 1 October to 30 September (Federal Govt.), but businesses → 1 January to 31 December (unless chosen otherwise) Canada → 1 April to 31 March (Govt.), companies → 1 Janu...
और पढ़ें

Capital Gain Calculations With Excel File

-
चित्र
Capital gains are profits or gains that are realized when an individual or entity sells a capital asset for a higher price than what it was purchased for. In India, capital gains are taxed under the Income Tax Act, 1961. There are two types of capital gains in India: short-term capital gains (STCG) and long-term capital gains (LTCG). STCG are realized from the sale of a capital asset that has been held for less than 36 months, whereas LTCG is realized from the sale of a capital asset that has been held for 36 months or more. Short-term capital gains are taxed as per the normal tax slab of the individual. For example, if an individual falls in the highest tax bracket of 30%, then their short-term capital gains will also be taxed at 30%. Long-term capital gains exceeding Rs 1 lakh in a financial year are taxed at 20% with the benefit of indexation.  Indexation is a process of adjusting the cost of purchase of an asset to account for inflation over the years. This helps to lower the t...
और पढ़ें

March 2026 Closing: Adjustment Entries & Important Notes — Poori Jaankari Hindi Mein

-
चित्र
March Closing Adjustment Entry & Notes | RP-Accounts ✍️ By RP-Accounts | March 2026 | Accounting & Finance Tips 📅 March Closing: Adjustment Entries & Important Notes — Poori Jaankari Hindi Mein Dosto, March ka mahina accountants ke liye sabse busy time hota hai. Har taraf se pressure hota hai — boss keh raha hai "closing karo", auditor aa rahe hain, aur upar se GST, TDS sab ki deadlines bhi hain. Aisa lagta hai jaise ek saath 10 kaam karna hai! Is post mein main aapko step-by-step bataunga ki March closing ke liye kaunsi adjustment entries zaroori hain , kaunsi galtiyan aksar hoti hain, aur kuch practical tips jo main khud use karta hoon. Chalo shuru karte hain. 👇 📸 [Image: March Year-End Closing Accounting Checklist] 👉 🤔 March Closing Kyun Important Hai? India mein financial year 1 April se 31 March tak hota hai. Matlab 31 March ko aapki company ki poori saali income, expenses, assets, liabilities — sab kuch band ho jaat...
और पढ़ें