Tax Mohalla - Tax by KK

Common sense way of subtracting 2 dates. At many places students are required to compute number of days, months and years between 2 dates. For example in computing exemption of gratuity duration of service is required. I have seen student calculating duration of service in fingers. It is time consuming and mistake prone. Therefore to make it easy I teach them how to subtract 2 dates. Similarly in computing leave salary, sale of movable assets etc there is a requirement of subtraction of dates. I hope students will like my small efforts. Your encouragement and kindness always welcome. thanks for watching this video patiently.

Making of LAW Commencement of Act As per Constitution of India : As soon as assent is given by the President to the Law passed by Parliament it becomes Law. Section 5(1) of the General Clauses Act, 1897 : Commencement of Act may be expressed in the Act itself, namely, from the moment the assent was given by the President and published in the Gazette, it becomes operative. This operation can be postponed.

INTRODUCTION There are various incentives are provided to the exporters to make it simpler for them to compete in the international market in terms of cost, technology and infrastructural facilities. Following are the benefits available to exporters with respect to payment of import duty are as under – (a) Duty Entitlement Pass Book Benefit (DEPB) (b) Duty Draw Back Benefit (DDB) (c) Duty Exemption Entitlement Certificate (DEEC) also known as Advance License Scheme (d) Duty Free Replenishment Certificate (DFRC)