What does NESD mean? What is the full form of NESD?

The Full Form of NESD is‍ No Extra Shift Depreciation.

Under schedule II of companies Act, 2013, no separate rates/ lives are prescribed for extra shift working. Rather, it states that for the period of time and asset is used in double shift depreciation will increase by 50% and by 100% in case of triple shift working.

NESD

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No Extra Shift Depreciationhow to pronounce No Extra Shift Depreciation

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What does NESD mean? What is the full form of NESD?
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