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Posted by on Feb 8, 2014 in LLP Act |

LLP Act 2008 (Part 1)

The LLP means partnership where liability of partners shall be limited to only amount they have invested into the firm. Before this India business and enterprises are of four types: proprietorships, partnerships, public ltd and private ltd companies. Recently lots … Continue Reading...

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Posted by on Jan 27, 2014 in FRBM Act |

FRBM Act 2003

The basic objectives of FRBM act are to remove deficit financing conditions, reduce burden of debt etc. to improve overall management of public funds and focus towards a balanced budget. The Act cast obligations on central govt to eliminate fiscal … Continue Reading...

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