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The book titled “Business
& Tax Laws” to the teachers & students of the subject. The KBC
North Maharashtra University, Jalgaon has restructured the syllabus at
SYBCom level as per the guidelines of...

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Business and Tax Laws
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The book titled “Business
& Tax Laws” to the teachers & students of the subject. The KBC
North Maharashtra University, Jalgaon has restructured the syllabus at
SYBCom level as per the guidelines of University Grant Commission.
This book is prepared according to the revised syllabus. Though this
book is written specially for the KBC North Maharashtra University,
still it will be useful to other universities also, because the guidelines
of UGC are followed by all other universities.
Every country, State frames its own laws. All the transactions
should be as per laws. Due to globalisation & liberalisation &
e-commerce, the world has come closer, commerce & trade among
the different countries has become convenient. The laws of different
nations are also becoming uniform. On this ground, the students of
commerce will find this book very useful. Though the text of law is
quiet difficult to understand, special efforts have taken, to explain the
provisions in simple language. Instead of discussing the provisions
of the entire Act, at length, care is taken at confine the discussion,
strictly as per syllabus. However for the benefit of the students for
further reading and update knowledge of the entire Acts, the citations
of websites are given at the end of every chapter. Sections of the Act
are quoted so that students will find convenient to refer. Though, Every
care has taken to keep the book free from errors, the chances of errors
cannot be over ruled. Suggestions for the improvement of the book are
most welcomed & will be considered for next edition.

Indian Contract Act, 1872 : 1.1 Introduction, 1.2 Meaning & Definition- 1.2.1 Proposal/Offer 1.2.2 Acceptance, 1.3 Kinds of Contract, 1.4 Essentials/Elements of Contract, 1.5.1 Performance of Contract, 1.5.2 Discharge of Contract
Sale of Goods Act, 1930 : 2.1 Introduction, 2.2 Formation of Contract of Sale of Goods, 2.3 Conditions and Warranties, 2.4 Rights of an Unpaid Seller, 2.5 Performance of Contract
The Negotiable Instrument Act, 1881 : 3.1.1 Definitions, 3.1.2 Characterists of a Negotiable Instrument, 3.1.3 Promissory Note – Sec. 4, 3.1.4 Bill of Exchange : Sec. 5, 3.1.5 Cheque : Sec. 6, 3.2.1 Holder & Holder in due course
The Foreign Trade (Development & Regulation) Act, 1992 : 4.1 Introduction, 4.2 Salient Features of the Act, 4.3 Importance of Foreign Trade Policy, 4.4 Present scenario of the Foreign Trade Policy
Information Technology Act, 2000 : 5.1 Introduction – 5.1.1 Meaning 5.1.2 Definitions 5.1.3 Objectives 5.1.4 Scope, 5.2.1 Digital Signature, 5.2.2 Electronic Governance, 5.3 Granting Digital Signature Certificate, 5.4.1 Offences
The Patent Act, 2002 : 6.1.1 Meaning of Patent, 6.1.2 Objectives, 6.1.3 Important Definitions, 6.2.1 Inventions, 6.2.2 Inventions Not Patentable, 6.3 Application for Patents and Process, 6.4 Grants of Patent and Rights of Patent Holder
The Indian Partnership Act, 1932 : 7.1.1 Introduction, 7.1.2 Important Definition, 7.1.3 Characteristics of Partnership, 7.2 Preparation of Partnership Deed & Registration of Firms, 7.3 Effects of Non-Registration
The Factories Act, 1948 : 8.1.1 Meaning, 8.1.2 Objectives, 8.1.3 Important Definitions, 8.2 The Inspecting Staff, 8.3 Approval, Licensing & Registration of Factories, 8.4 Provision Regarding Health of Workers
Industrial Dispute Act, 1947 : 9.1 Meaning and Definitions, 9.2 Machinery for Prevention and Settlement of Industrial Dispute, 9.3 Strikes and Lock-Outs, 9.4 Lay off and Retrenchment
Consumer Protection Act, 1986 : 10.1.1 Introduction, 10.1.2 Objectives of The Act, 10.1.3 Definitions of the Terms Used in the Act, 10.2 Rights of Consumers, 10.3 Consumers Protection Council, 10.4 Consumer Dispute Redressal Agencies
Environment Protection Act, 1986 : 11.1.1 Meaning 11.1.2 Objectives 11.1.3 Scope, 11.2 Power of Central Government to Protect & Improve Environment, 11.3 Location of Industries, Process & Operations
Goods And Service Tax Act, 2017 : 12.1 Introduction to Goods and Service Tax, 12.2 Objectives & Scope of GST, 12.3 Merits and Demerits of GST, 12.4 Concepts of GST and one country one Tax, 12.5 Types of GST in India, 12.6 Registration

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