Tejpal sheth welcomes you to the world of law

You will find here practical case studies and material for C.A., C.S., ICWA, ACCA, CIMA, CPA & CFA (Ethics)exams. Please find recent amendment and happening in law segment, motivational writing, story and peoms. Thanks for your visit.

Saturday, June 07, 2008

Cost, Insurance and Freight - CIF

A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the docum...

Free On Board - FOB

A trade term requiring the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver...

Friday, June 06, 2008

Bait and Switch

A dishonest sales practice in which a business advertises a bargain price for an item in order to draw customers into the store and then tel...

Saturday, May 31, 2008

Bonus Act_26

Is an employee entitled to get bonus on the basis of his entire salary or wage? If an employee is drawing a salary or wage not exceeding Rs....

Bonus Act_25

What is to be included in and excluded from a salary or wage for the purpose of calculating bonus? For the purpose of calculation of bonus a...

Bonus Act_24

Is a seasonal worker entitled to get bonus? Section 8 relates to the eligibility for bonus. The only requirement of that section is that the...

Bonus Act_23

Can an employee be held ineligible for payment of Bonus under the Act on the ground that he is a managerial employee? An employee, irrespect...

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