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Variable Costing
by Variable costing is a managerial accounting cost concept. Under this method, manufacturing overhead is incurred in the period that a product is produced. This addresses …
Tag: GGSIPU
Functions of Advertising Media
Advertising media has become a common need of every business organization today, and without advertising media, nobody can think about surviving in the market. There …
Economic Integration: Custom Unions and Free Trade Areas
A Customs Union occurs when a group of countries agree to have free trade amongst themselves and agree on a common external tariff to countries …
How Digital Marketing is Adding Value to Business
Technology is now an essential component of our social and business worlds. Everything appears to be growing at a digital speed. The competition in each …
Competition Act 2002: Regulation of Combinations
The Competition Act, 2002 uses the word combinations to cover acquisition of control, shares, voting rights and assets, and mergers and amalgamations. Section 6 of …
The Maternity Benefit Act 1961
The maternity benefit Act 1961 protects the employment of women during the time of her maternity and entitles her of a ‘maternity benefit’ – i.e. …
The Employee Provident fund and Miscellaneous Provision Act 1952
The Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 has been enacted with the main objective of protecting the interest of the employees after their …
The ESI Act 1948 & Amendment
The employees State insurance act (ESI) extends to the whole of India, including the state of Jammu and Kashmir. the insurance scheme contained in the …
The Minimum Wages Act 1948
In a labour surplus economy like India wages couldn’t be left to be determined entirely by forces of demand and supply as it would lead …
The Payment of Bonus Act 1965 & Amendment
The Payment of Bonus Act, 1965 provides for the payment of bonus to persons employed in certain establishments, employing 20 or more persons, on the …