In the realm of business, profit has long been the North Star, guiding companies toward perceived success and influence. But what if this age-old beacon is not the most critical measure of business health and sustainable growth? Venturing beyond the familiar landscape of profit margins, a more nuanced financial concept
Understanding TDS Calculation In order to fully comprehend Tax Deducted at Source (TDS), it is essential to have a clear understanding of how TDS calculation works. Calculating TDS involves considering various factors and applying specific formulas to determine the amount of TDS to be deducted. TDS calculation is based on
An estimated ₹1.2 trillion (approximately $16.5 billion) worth of input tax credit is claimed by businesses across India annually, unveiling the immense potential for financial savings hidden within tax regulations. Despite its substantial fiscal implications, the concept of input tax credit remains obscured by complexity for many entrepreneurs
Accounts Payable (AP) automation, also known as AP automation, refers to the use of technology and software to streamline and automate the process of managing a company's bills and payments to its suppliers or vendors. In simple words, it's about making the process of paying bills
Operating expenses, often referred to as OpEx, encompass a wide array of costs incurred by businesses in their day-to-day operations. These expenses are essential for maintaining and growing a business but require meticulous scrutiny to ensure optimal financial health. List of 20 Primary Operating Expenses What are the two main
In the dynamic landscape of India's startup ecosystem, financial compliance is the bedrock upon which sustainable growth is built. While innovation drives a startup forward, adherence to compliance ensures that the journey is smooth and free from unexpected roadblocks. This playbook offers a deep dive into the essentials
Business Tax 101 for Indian Startups Navigating the labyrinthine world of business taxes in India can be daunting for startup founders. With a multifaceted tax structure and numerous provisions, understanding the basics is pivotal to ensure compliance and optimize financial planning. This guide aims to provide clarity on the key
Setting Up Your Finance Operations: Hiring a Finance Team vs. Outsourcing Whether it's budgeting, accounting, or compliance, ensuring that your financial functions run smoothly can be the difference between success and struggles. One of the earliest decisions founders grapple with is: Should you hire an in-house finance team
Understanding the unique 10-character alphanumeric structure of PAN can provide insights into the holder's details.
If there's one thing I've noticed over the years, it's how frequently the intricate aspects of finance get lost amidst the jargon. One such term that deserves a spotlight is the Macaulay Duration. No, it's not the latest period drama on Netflix.
National Health & Family Survey India
Business
This July, the total Assets Under Management (AUM) of Mutual Funds in India soared to a staggering INR 46,37,564 Crores, with a net inflow of 82,046 Crores. It's evident that even amidst the global challenges, the mutual fund industry's undercurrents are robust. And
India
💡Complete list of 175 most profitable companies of India with Profit after Tax of >=1000 Crores in FY23
Accounting
1. Credit Note: An Overview A Credit Note is a document issued by a seller to the buyer, indicating that the buyer's account has been credited for a specific reason. It serves as evidence that the buyer's account has been credited without the issuance of a
Accounting
1. Definition and Purpose The Profit & Loss Account, commonly referred to as the P&L Account, is a part of the final accounts of a business. Its primary purpose is to determine the net profit or loss of business activities during a specific period. Unlike the Trading Account,
Accounting
Decoding the Trial Balance 1. What is a Trial Balance? A Trial Balance is an accounting worksheet that lists the balances of all ledgers, separated into debit and credit columns. It serves as a preliminary step before preparing financial statements and helps in ensuring the arithmetical accuracy of the bookkeeping
Compliance
Starting a business in India requires a thorough understanding of the legal requirements, and one of the crucial steps in this process is company registration. In this blog, we will delve into the concept of company registration and explore the four different types of companies that exist in India. What
Business
Picture this: A bustling Indian street corner, alive with the aroma of spices and the sizzle of pakoras frying. This is the setting of our story today, where we'll unravel a fundamental business concept that might seem counter-intuitive at first glance: Just because a business has made ₹1
Calculators
Retirement Corpus Calculator Initial Corpus (INR): Yearly Expense (INR): Current Age: Expected Life Time (Years): Yearly Inflation (Decimal): Return on Investment (pa) (Decimal): Corpus Projection Year Age Corpus (beginning of the year) Investment Returns Expenses Corpus (end of the year) Corpus Chart
Treasury
Treasury
Business
In the world of finance and business, numbers and figures are the alphabets of a hidden language, with balance sheets serving as one of the key narratives. A balance sheet provides a comprehensive overview of a company’s financial health at a specific point in time. It’s an indispensable
Compliance
What Is GSTIN? GSTIN, or Goods and Services Tax Identification Number, refers to a 15-digit unique alphanumeric code that is assigned to a business for tax purposes. GSTIN replaced the Tax Identification Number[TIN] that was previously allotted to businesses under the VAT system. GST state code and GST jurisdiction