Updated TDS rate charts for domestic companies FY 2023-24
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Why is working capital more important than profit?
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
TDS – What Is Tax Deducted at Source – TDS Meaning, Filing, Return & Due Dates
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
Input Tax Credit Primer: Your Guide to Savings
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
Understanding AP Automation: A Guide to Streamlining Business Finances
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