What is Financial Year & Assessment Year?
Financial Year is different from the Assessment Year. Financial Year is the year in which income earned and Assessment Year is the year in which income is assessed and taxed.
Financial Year is different from the Assessment Year. Financial Year is the year in which income earned and Assessment Year is the year in which income is assessed and taxed.
The Interim Union Budget, 2024 was presented by the Finance Minister Smt Nirmala Sitaraman on 1st February, 2024. Having said that, the final Union Budget, 2024 will be presented in …
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Mutual fund taxation is dependent on two factors namely: type of the mutual fund and duration of the mutual fund. There is a well-known proverb that the person should not …
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MSME stand for Micro, Small and Medium Enterprises. Until the Atma Nirbhar Package announced by our Finance Minister in May, 2020, there was no fixed definition of MSME. The classification …
Life is full of surprises. Some surprises are good, like unexpected compliments or finding money in your pocket. But unfortunately, not all surprises are pleasant. Sometimes, life throws unexpected expenses …
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When the purchase price of shares is more than the sale price, then it is a Capital Gain. On the other hand, if the purchase price is less than the …
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Union Budget, 2023 was presented by Finance Minister Smt. Nirmala Sitharaman in Parliament on 1st February, 2023. Keeping in view the vision for “Amrit Kaal”, the government is looking forward …
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Non Performing Assets or NPA are those assets whose loan or advance against the principal or interest payment is overdue for more than 90 days. How do You Identify Non …
Non Performing Assets (NPA): Know Important Aspects Read More »
Accrual vs Cash Accounting are two different methods that are useful in recording transactions. Further, knowing the difference between these two can help you in understanding their effects on your …
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To remain financially sound is everyone’s top priority. Moreover, being financially sound gives a person a sense of security for his or her future. In this blog, we will tell …