MUDRA Loan Scheme: The Pradhan Mantri MUDRA Yojana (PMMY) is a scheme introduced by the Hon’ble Prime Minister on...
Access to funding is one of the most difficult obstacles for small businesses and startups in India. To address this...
Advantages of Accounting: The primary goal of maintaining accounting books is to obtain knowledge on the financial...
What is e-RUPI : Honorable PM Narendra Modi inaugurated e-RUPI, a personal & function-based cashless payment system...
Udyam – With effect from 1st July 2020, the Indian government, Ministry of Small and Medium Enterprises notified...
Section 80C – Any adjustment in Section 80C of the Income Tax Act specifically affects taxpayers, meaning that the...
New ITR portal 2.0: On 9 June 2021, Income Tax Department introduced a redesigned income tax e-filing platform, that...
Section 24 – The building or buying a new home is a difficult challenge. To bring this vision into possibility, an...
Section 194M requires a person and/or a HUF to deduct tax at source. Individuals and HUFs in this situation should not...
RBI Tax Savings bonds – The Government of India offers bonds from time to time in order to finance public welfare...
Leave Encashment Tax – The company provides paid leave to all employees, although not all leaves are available to...
The rules for a company or entity’s tax audit are outlined in Section 44AB of the Income-tax Act of 1961. The aim...
An individual or corporate body has a distinct revenue stream. If their revenue crosses a specific threshold, they must...
After your Income Tax Return (ITR) is processed under Section 143(1) of the Income Tax Act, 1961, the Income Tax...
What is Section 192: TDS on salary revenue is dealt with in Section 192. It requires any contractor to withhold TDS on...
Calculating income tax on salary is required for all salaried employees in India. Whether you work in the private...
Section 54F of the Income Tax Act is a tax-saving provision that allows individuals and Hindu Undivided Families (HUFs)...
Forms 15G and 15H are self-declaration forms that enable eligible taxpayers to request that Tax Deducted at Source (TDS)...
Cost accounting is a field of accounting that focuses on recording, classifying, evaluating, and regulating the costs...
The Profit Earnings Ratio, commonly known as the Price to Earnings (P/E) Ratio, is one of the most widely used financial...
The Profit Earnings Ratio (P/E Ratio) is one of the most used financial valuation tools for stock market analysis and...
The Profit Earnings Ratio (P/E Ratio) is a critical measure in stock market analysis and financial assessment, widely...
The Accounts Receivable Turnover Ratio (ART Ratio) is a critical financial efficiency metric used in accounting...
The Accounts Receivable Turnover Ratio (ART Ratio) is an important financial efficiency and liquidity management metric...
The Inventory Turnover Ratio is a critical financial efficiency and performance measuring instrument used in accounting...
Inventory turnover ratio is a financial ratio that maintains a relationship between sales expense, also known as cost of...
The inventory turnover ratio, also recognized as stock turnover ratio, is just an indicator of how well inventory is...
How to Calculate Fixed Asset Turnover Ratio: The fixed asset turnover ratio is an indicator of a business’s...
Advantages and Limitation of Fixed Asset Turnover Ratio – Fixed Asset Turnover Ratio is a ratio that shows how...
The fixed asset turnover ratio is a productivity ratio that compares net sales to fixed assets to calculate a...