{"id":3889,"date":"2024-12-24T11:03:05","date_gmt":"2024-12-24T11:03:05","guid":{"rendered":"https:\/\/plutusco.com\/blogs\/?p=3889"},"modified":"2025-12-05T15:35:38","modified_gmt":"2025-12-05T15:35:38","slug":"healthy-inventory","status":"publish","type":"post","link":"https:\/\/plutusco.com\/blogs\/healthy-inventory\/","title":{"rendered":"Understanding what are different classes of Fixed Assets in any company and how to maintain healthy inventory"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3889\" class=\"elementor elementor-3889\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-844f9e6 e-flex e-con-boxed e-con e-parent\" data-id=\"844f9e6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-74ea783 e-con-full e-flex e-con e-child\" data-id=\"74ea783\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3b565d8e exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"3b565d8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"blog_details_content\"><h1>Managing Fixed Assets: Key Classes and Best Practices<\/h1><div class=\"custom_blog_image\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-3918\" src=\"https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp 1200w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-300x200.webp 300w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-1024x683.webp 1024w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-768x512.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><p>Fixed assets are an integral aspect of any business, carrying out the most critical parts of day-to-day<br \/>activities and long-run growth. They are not for reselling but for producing goods or services that will<br \/>help the company earn income. The knowledge of classes in fixed assets and proper maintenance of inventory<br \/>of fixed assets are basic to financial healthy inventory and business success.<\/p><p>Let&#8217;s explore the different classes of fixed assets and how to effectively manage their inventory.<\/p><h2>1. Tangible Fixed Assets<\/h2><p><a href=\"https:\/\/www.fullcircl.com\/glossary\/tangible-fixed-assets#:~:text=Tangible%20Fixed%20Assets%20are%20an,%2C%20and%20strategic%20decision%2Dmaking.\" target=\"_blank\" rel=\"noopener\"><br \/>Tangible fixed assets <\/a>are physical assets that provide long-term benefits to a business. They are<br \/>easily identifiable and measurable and are used to generate income over an extended period.<\/p><ul><li><strong>1.1 Common examples: <\/strong><ul><li><strong>Buildings: <\/strong> Company-owned office spaces, factories, or warehouses.<\/li><li><strong>Machinery and Equipment:<\/strong> Industrial machinery, office equipment, and production<br \/>tools.<\/li><li><strong>Furniture and Fixtures:<\/strong> Office chairs, tables, file cabinets, etc.<\/li><li><strong>Vehicles: <\/strong>Company cars, trucks, or delivery vans.<\/li><\/ul><\/li><li><strong>1.2 Reasons why the management of intangible assets is also important: <\/strong><ul><li><strong>Depreciation: <\/strong>Tangible assets deteriorate with age and loss of their original<br \/>value. To be sure, this asset loses value as it grows old and hence is devalued, ensuring the<br \/>real value is on the balance sheet.<\/li><li><strong>Repairs and Maintenance:<\/strong> Regular maintenance prevents sudden breakdowns and<br \/>extends the life of assets, thus saving costs in the long run.<\/li><\/ul><\/li><\/ul><h2>2. Intangible Fixed Assets<\/h2><p><a href=\"https:\/\/www.fullcircl.com\/glossary\/intangible-fixed-assets#:~:text=Intangible%20Fixed%20Assets%20are%20assets,creating%20or%20acquiring%20the%20asset.\" target=\"_blank\" rel=\"noopener\">Intangible<br \/>assets <\/a> are not physical but still a valuable resource for a company. These assets contribute to<br \/>revenue generation through their intellectual or legal value.<\/p><ul><li><strong>2.1 Common examples: <\/strong><ul><li><strong>Patents:<\/strong> Legal rights protecting inventions or innovations.<\/li><li><strong>Trademarks:<\/strong> Brand logos, names, or symbols protected by law.<\/li><li><strong>Goodwill:<\/strong> Company reputation and brand value.<\/li><li><strong>Software:<\/strong> Licensed software for the operations of a business.<\/li><\/ul><\/li><li><strong>2.2 Importance of Maintaining Intangible Assets:<\/strong><ul><li><strong>Legal Protection:<\/strong> Registration and protection of trademarks, patents, and<br \/>copyrights ensures that the company&#8217;s intellectual property is secure.<\/li><li><strong>Valuation:<\/strong> Intangible assets can be of considerable value and must be properly<br \/>valued for financial reporting and tax purposes.<\/li><\/ul><\/li><\/ul><div class=\"custom_blog_image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-3919\" src=\"https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/InfoG-4.webp\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/InfoG-4.webp 1200w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/InfoG-4-300x200.webp 300w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/InfoG-4-1024x683.webp 1024w, https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/InfoG-4-768x512.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><h2>3. Leased Assets<\/h2><p><a href=\"https:\/\/www.assetcues.com\/glossary\/leased-assets\/#:~:text=What%20are%20Leased%20Assets?,vehicles%20to%20real%20estate%20properties.\" target=\"_blank\" rel=\"noopener\"><br \/>Leased assets<\/a> are resources a company has no outright ownership over but acquires to utilize for<br \/>commercial purposes with the help of a leasing contract.<\/p><ul><li><strong>3.1 Common ones include:<\/strong><ul><li><strong>Office space leases:<\/strong> That is the renting of office buildings for operational<br \/>purposes.<\/li><li><strong>Vehicle Leases:<\/strong> It involves cars or delivery trucks from another entity for<br \/>lease purposes.<\/li><\/ul><\/li><li><strong>3.2 Significance of Leasehold Asset Management:<\/strong><ul><li><strong><br \/>Lease vs. Purchase Decision: <\/strong>Evaluate and monitor whether continuing to lease a<br \/>resource is more economical over time or to buy an asset.<\/li><li><strong>Compliance with Lease Terms:<\/strong> Ensure all terms and conditions in the lease<br \/>agreements are followed to avoid penalties or legal complications.<\/li><\/ul><\/li><\/ul><h2>4. Fixed Asset Management and Inventory Maintenance<\/h2><p>Accurate and healthy inventory of fixed assets is important for operational and financial health. Poor<br \/>management can lead to asset misplacement, overvaluation, or misreporting.<\/p><p><strong>Key Steps for Managing Fixed Asset Inventory:<\/strong><\/p><ul><li><strong>4.1<br \/>Asset Tagging and Tracking: <\/strong> Provide every fixed asset with a barcode or RFID tag. In this<br \/>way, assets are always identifiable and trackable.<\/li><li><strong>4.2<br \/>Regular Audits:<\/strong> The company carries out physical verification and reconciliation of the<br \/>asset with the asset register to ensure that everything exists and is in good condition.<\/li><li><strong>4.3 Software Tools for Asset Management: <\/strong>Software assets enable tracking, reporting,<br \/>and management of the lifecycle of every asset.<\/li><li><strong>4.4 Depreciation Management:<\/strong> A system of calculating depreciation on each asset<br \/>according to its useful life is to be devised so that financial reporting is proper and the standards of<br \/>accounting are followed.<\/li><\/ul><h2>5. Financial Controls in Asset Management<\/h2><p>Financial controls can be part of an effective asset management system. They are helpful in controlling the<br \/>expenses related to acquisition, maintenance, and disposal of assets, thus preventing over-expenditure and<br \/>increasing profitability.<\/p><p><strong>Financial controls involve:<\/strong><\/p><ul><li><strong>5.1 Approval Processes:<\/strong> Use clear approval workflows for the purchase or disposal of<br \/>fixed assets.<\/li><li><strong>5.2 Cost Control: <\/strong>Track the total cost of ownership of assets, including the purchase<br \/>price, maintenance, and depreciation, to determine if they are adding to profitability.<\/li><li><strong>5.3 Disposal Policies: <\/strong>Have clear policies in place regarding the disposal of old or<br \/>non-functional assets, and ensure that any proceeds are properly recorded and reinvested.<\/li><\/ul><h2>6. Fixed Asset Reporting and Compliance<\/h2><p>Accurate records for fixed assets are necessary to adhere to tax and accounting regulations. It also ensures<br \/>that the financial statements reflect the true value of the company&#8217;s assets, which determines profitability<br \/>and investor confidence.<\/p><p><strong>Important aspects of fixed asset reporting:<\/strong><\/p><ul><li><strong>6.1 Compliance with Accounting Standards:<\/strong> Follow the relevant accounting standards<br \/>(like IFRS or GAAP) for asset valuation, depreciation methods, and reporting.<\/li><li><strong>6.2 Tax Implications: <\/strong>Get to know the tax treatment of various fixed assets, including<br \/>what depreciation rates are allowed by the tax authorities, so that the company is not overpaying or<br \/>underreporting taxes.<\/li><\/ul><h2>7. Why Choose Plutus?<\/h2><p>Here&#8217;s why you should choose us:<\/p><ul><li><strong>7.1 Experience:<\/strong> With the accumulation of decades of knowledge and experience, our asset<br \/>management solutions, coupled with VCFO services, optimize usage while supporting growth.<\/li><li><strong>7.2 Compliance:<\/strong> Our assets are always brought into the latest tax regulations,<br \/>accounting standards, and legal requirements.<\/li><li><strong>7.3 Technologies:<\/strong> By applying advanced asset management tools, we streamline tracking,<br \/>reporting, and auditing for the effective basis of decision-making.<\/li><li><strong>7.4 Proactive Maintenance:<\/strong> Frequent audits and maintenance plans help extend the life<br \/>of your assets and prevent unforeseen expenses.<\/li><li><strong>7.5 Cost-effective:<\/strong> Our solutions help you reduce waste, optimize resources, and<br \/>improve your company\u2019s financial health.<\/li><\/ul><h2>8. Conclusion<\/h2><p>Fixed assets are a critical component in the operations and growth of any business. Tangible, intangible, or<br \/>leased, these are necessary elements that need to be monitored to ensure that their lifecycle is efficiently<br \/>managed and thus reduce costs, optimize asset utilization, and ensure regulatory compliance. A healthy<br \/>inventory requires frequent audits, proper management of depreciation, and leveraging technology to track<br \/>assets.<\/p><p>By investing in sound asset management practices, businesses can unlock better financial insights, avoid<br \/>unnecessary expenses, and continue building a solid foundation for sustainable growth.<\/p><p>Choose Plutus to effectively manage your fixed assets, mitigate risks, and increase the operational success<br \/>of your company with our expert VCFO services.<\/p><p>To know more about our services,<br \/><a href=\"https:\/\/plutusco.com\/\">plutusco.com <\/a><\/p><h2>9. FAQ<\/h2><ul><li><strong>9.1 What are fixed assets? <\/strong> <br \/>Fixed assets are long-term physical or intangible resources utilized by a company to create revenue.<br \/>These can include buildings, machinery, office equipment, trademarks, patents, and leased assets.<\/li><li><strong>9.2 What are the different categories of fixed assets?<\/strong> <br \/><p>Fixed assets are roughly classified into three categories:<\/p><ul><li><strong>Tangible assets:<\/strong> These include structures, machinery, autos, and office<br \/>furniture.<\/li><li><strong>Intangible assets:<\/strong> Intellectual property, trademarks, goodwill, and software<br \/>are examples of intangible assets.<\/li><li><strong>Leased Assets:<\/strong> Items that are leased or rented, such as office space and<br \/>vehicles.<\/li><\/ul><\/li><li><strong>9.3 Why is it necessary to track fixed assets?<\/strong> <br \/>It enables organizations to properly maintain their assets and compute depreciation. They also appear<br \/>correctly in financial statements. It prevents losses and thefts while avoiding legal and financial<br \/>issues.<\/li><li><strong>9.4 How should fixed assets be maintained?<\/strong> <br \/>Fixed assets should be periodically identified and tracked using asset management software. Physical<br \/>audits, appropriate depreciation accounting, and maintenance schedules should all be carried out by<br \/>business operations to extend the life of assets.<\/li><li><strong>9.5 What is the definition of asset tagging and tracking?<\/strong> <br \/>Asset tagging identifies and tracks each asset&#8217;s location and status in real time. This increases asset<br \/>record accuracy, reduces misplacement, and simplifies asset management and auditing.<\/li><li><strong>9.6 How frequently should a corporation conduct fixed asset audits?<\/strong> <br \/><p>Regular audits should be performed on a yearly or semi-annual basis to ensure that all fixed assets are<br \/>correctly accounted for, maintained, and in compliance with financial and legal obligations.<\/p><\/li><li><strong>9.7 What should a corporation do with obsolete or non-functional assets?<\/strong> <br \/><p>Companies should establish explicit disposal policies that specify whether assets should be sold,<br \/>recycled, or disposed of properly. Asset registers and financial records should be updated in response,<br \/>and the disposal must comply with the law.<\/p><\/li><\/ul><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09da6b2 upk-ss-btns-view-icon-text upk-layout-style--inline upk-ss-position--default upk-ss-btns-style-flat upk-ss-btns-color-original exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-upk-social-share\" data-id=\"09da6b2\" data-element_type=\"widget\" data-widget_type=\"upk-social-share.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"upk-social-share upk-ep-grid\">\n\t\t\t\t\t\t\t<div class=\"upk-social-share-item upk-ep-grid-item\">\n\t\t\t\t\t<div class=\"upk-ss-btn upk-ss-facebook\" data-social=\"facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"upk-icon-facebook\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"upk-social-share-text upk-inline\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-social-share-title\">\n\t\t\t\t\t\t\t\t\t\tFacebook\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"upk-social-share-item upk-ep-grid-item\">\n\t\t\t\t\t<div class=\"upk-ss-btn upk-ss-linkedin\" data-social=\"linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"upk-icon-linkedin\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"upk-social-share-text upk-inline\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-social-share-title\">\n\t\t\t\t\t\t\t\t\t\tLinkedin\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"upk-social-share-item upk-ep-grid-item\">\n\t\t\t\t\t<div class=\"upk-ss-btn upk-ss-twitter\" data-social=\"twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"upk-icon-twitter\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"upk-social-share-text upk-inline\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-social-share-title\">\n\t\t\t\t\t\t\t\t\t\tTwitter\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"upk-social-share-item upk-ep-grid-item\">\n\t\t\t\t\t<div class=\"upk-ss-btn upk-ss-pinterest\" data-social=\"pinterest\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"upk-icon-pinterest\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"upk-social-share-text upk-inline\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"upk-social-share-title\">\n\t\t\t\t\t\t\t\t\t\tPinterest\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a7a4bed e-con-full e-flex e-con e-child\" data-id=\"a7a4bed\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-d49ec46 e-con-full stickyy  e-flex e-con e-child\" data-id=\"d49ec46\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4a403bd exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"4a403bd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FEATURED POSTS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5849fd8 elementor-grid-1 elementor-posts--thumbnail-none elementor-grid-tablet-2 elementor-grid-mobile-1 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-posts\" data-id=\"5849fd8\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5006 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/gst-council\/\">\n\t\t\t\tGST Council Clears Two-Tier Tax Slabs; \u20b948,000 Crore Revenue Impact Expected\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5000 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/financial-audits\/\">\n\t\t\t\tThe Role of Financial Audits in Ensuring Legal Compliance: What You Need to Know\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4995 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/transfer-pricing\/\">\n\t\t\t\tunderstanding Transfer Pricing: Legal Considerations for Multinational Corporations\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4990 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/law-regarding-divorce-in-india\/\">\n\t\t\t\tWomen\u2019s Legal Rights During Divorce in India\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4984 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/jointly-owned-property-after-divorce\/\">\n\t\t\t\tDivorce and Property: How Joint Assets Are Handled Legally\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4973 post type-post status-publish format-standard has-post-thumbnail hentry category-income-tax-act tag-engineering tag-tag-3\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/plutusco.com\/blogs\/if-a-will-is-not-registered-is-it-valid\/\">\n\t\t\t\tIs an Unregistered Will Legally Valid in India?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Managing Fixed Assets: Key Classes and Best Practices Fixed assets are an integral aspect of any business, carrying out the most critical parts of day-to-dayactivities<\/p>\n","protected":false},"author":2,"featured_media":3918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","inline_featured_image":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[14],"tags":[9,8],"class_list":["post-3889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-labour-laws","tag-engineering","tag-tag-3"],"uagb_featured_image_src":{"full":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",1200,800,false],"thumbnail":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-150x150.webp",150,150,true],"medium":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-300x200.webp",300,200,true],"medium_large":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-768x512.webp",768,512,true],"large":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4-1024x683.webp",1024,683,true],"1536x1536":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",1200,800,false],"2048x2048":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",1200,800,false],"cresta-large":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",1050,700,false],"cresta-medium":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",500,333,false],"cresta-blog":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",500,333,false],"cresta-blog-2":["https:\/\/plutusco.com\/blogs\/wp-content\/uploads\/2024\/12\/Banner-4.webp",80,53,false]},"uagb_author_info":{"display_name":"Vishali bhardwaj","author_link":"https:\/\/plutusco.com\/blogs\/author\/vishali-bhardwaj\/"},"uagb_comment_info":0,"uagb_excerpt":"Managing Fixed Assets: Key Classes and Best Practices Fixed assets are an integral aspect of any business, carrying out the most critical parts of day-to-dayactivities","_links":{"self":[{"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/posts\/3889"}],"collection":[{"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/comments?post=3889"}],"version-history":[{"count":10,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/posts\/3889\/revisions"}],"predecessor-version":[{"id":5204,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/posts\/3889\/revisions\/5204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/media\/3918"}],"wp:attachment":[{"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/media?parent=3889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/categories?post=3889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plutusco.com\/blogs\/wp-json\/wp\/v2\/tags?post=3889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}