What is indirect tax? A tax passed on to individuals after purchasing goods or services is called an indirect tax. These taxes are imposed on the manufacturer or supplier, who then pass on to … READ FULL STORY
What is a balance sheet? One of the reports that comprise a financial statement is known as the balance sheet. Its purpose is to present the position of the company’s finances as of a … READ FULL STORY
In India, the majority of people do not have access to health insurance. Thus, they are forced to rely on personal resources or loans to pay for unexpected medical expenses. Under Section 80D, you … READ FULL STORY
Unsecured loans: Meaning Loans provided without pledging collateral as security, in case of default or non-payment of dues, and are based completely on the creditworthiness of the debtor are unsecured loans. Borrowers with high … READ FULL STORY
What is GSTR3B? GSTR3B is a self-declaration return form, summarising the GST liabilities for a particular tax period. A taxpayer should file Form GSTR-3B returns for every tax period. Filing of GSTR 3B is … READ FULL STORY
Have you ever wondered what finance is in business? Finance is an indispensable part of running any enterprise. It occupies a vital role which not only helps in the establishment of a business but … READ FULL STORY
In India, a variety of loan types are available. Despite having a variety of assets which one can mortgage to obtain loans at lower interest rates, most people opt for personal loans over other … READ FULL STORY
What is a financial plan? The goal of a financial plan is to provide an overview of one’s current finances, set financial goals and evolve strategies to reach those goals. In addition to … READ FULL STORY
Savings: Meaning Saving refers to a portion of one’s income that is not spent on daily expenditure. It is money set aside for future use and not spent immediately. In other words, savings is … READ FULL STORY
CAGR stands for a Compound Annual Growth Rate. The investment’s value in a company or an enterprise is supposed to have compounded over time. Unlike an absolute return, CAGR accounts for their time’s value … READ FULL STORY
Most companies are expanding their product and services by bringing them to the global market, which includes importing and exporting. Since overseas transactions are considered a business activity, the government’s requirements must also be … READ FULL STORY
Quotation format templates can change the way you conduct business. It gives your business a professional touch which cannot be achieved in other cases. Quotation templates also often impress clients and increase sales. … READ FULL STORY
Businesses dealing in sales and supply of goods and services must complete GST registration under the rules prescribed by the Goods and Services Tax (GST) regime. Carrying out businesses without GST registration is considered … READ FULL STORY
