NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
IMPORTANT TERMS IN A LEASE AGREEMENT A lease or rental agreement sets out the rules Lessor and Lessee agree to follow in their Lease relationship. It is a legal contract, as well as an immensely practical document full of crucial business details, such as how long the tenant can occupy the property and the amount […]
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APPOINTMENT OF VALUER ON AN ANNUAL BASIS FOR VALUATION REPORT IN STATE POLICE HOUSING CORPORATION REMAINING WORK OF PARKING SHED & PAVER BLOCK WORK FOR S .D.P.O. OFFICE. APPOINTMENT OF VALUER ON AN ANNUAL BASIS FOR VALUATION REPORT FOR POLICE RESIDENTIAL AND NON- RESIDENTIAL BUILDING. CONSTRUCTION OF MAN BARRACK (G+2) , WOMEN BARRACK, MAIN ENTRANCE GATE WITH GUARD ROOM, WATCH TOWER, VARIOUS BUILDING LIKE SRP, KITCHEN AND MESS BARRACK, HOSPITAL BUILDING, RO PLANT, CATEGORY- B36,
DIRECT TAX AND INDIRECT TAX-ALL YOU NEED TO KNOW Tax is a financial obligation, payable to the government for the cost of living in a society. It is a fee levied by the government of the respective country or territory on income, activities, goods, and services. It is broadly classified into direct tax and indirect
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LOK SABHA TAKES UP CHARTERED ACCOUNTANTS, COST AND WORKS ACCOUNTANTS, COMPANY SECRETARIES (AMENDMENT) BILL, 2021 FOR CONSIDERATION AND PASSING The Lok Sabha has taken up the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021 for consideration and passing. The Bill seeks to amend the Chartered Accountants Act, 1949, the
EMPANELMENT OF INDEPENDENT ENGINEER FOR OPERATION AND MAINTENANCE IN NATIONAL HIGHWAY AUTHORITY OF INDIA INDEPENDENT ENGINEER SERVICES DURING OPERATION AND MAINTENANCE IN NATIONAL HIGHWAY AUTHORITY OF INDIA CLICK BELOW FOR MORE DETAILS
PLANNED PREVENTIVE MAINTENANCE (PPM) OF BUILDING It is based on a fixed execution frequency of activities that generates a calendar schedule. A time-based maintenance schedule for an asset, equipment or building fabric is based on a library with maintenance activities and its pre-set frequency of execution for that asset. These frequencies can be based on
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DIFFERENCE BETWEEN INSOLVENCY AND BANKRUPTCY The term ‘insolvency’ can be used in the context of both individuals and organizations. Insolvency represents that particular ‘state’ in which the individual or organization is not able to settle debts on time when they fall due for payment because of lack of funds or bank balance. On the other
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MEANING OF CO-OWNERSHIP AND JOINT OWNERSHIP CO-OWNERSHIP Co-owners can be a group or individuals that own a percentage of an asset in conjunction with another individual or group. A co-owner is an individual or group that shares ownership in an asset with another individual or group. Each co-owner owns a percentage of the asset, although
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CONSULTANCY SERVICES FOR ENGINEERING IN INDIAN OIL CORPORATION LIMITED CONSULTANCY SERVICES FOR ENGINEERING , PROCUREMENT, CONSTRUCTION MANAGEMENT (EPCM) AND………………. CLICK BELOW TO GET COMPLETE INFORMATION
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MEANING OF OBSOLESCENCE AND ITS THREE TYPES When something becomes “obsolete” it means that it has either lost its function or desirability due to changing technologies, requirements, or market preferences. An easy way to illustrate this concept is to spend a moment thinking about how the way we listen to music has………….. CLICK BELOW
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VALUATION OF LIABILITIES- ALL YOU NEED TO KNOW Liabilities are generally valued on the balance sheet at either 1) the amount of money needed to pay debt 2) the FMV of goods or services to be delivered……… CLICK BELOW TO READ COMPLETE INFORMATION
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DIFFERENCE BETWEEN LEASEHOLD AND FREEHOLD PROPERTY LEASEHOLD PROPERTY In a leasehold, the lease acts as a license for the lessor, in which the freeholder of the land and property grants right to use the property for a stipulated period of time. For this, the lessor is required to pay a price in the form of
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