Interest paid is the monetary charge for the privilege of borrowing money. Interest earned is income generated from lending out money to others.
नकद लेनदेन के लिए आयकर के प्रावधान 1. 40(A)(3)- 10K exp. limit (यदि कोई भी पर्सन किसी अन्य पर्सन को एक दिन में 10 हजार से अधिक का कोई भी पेमेंट कैश में करता है, तो उसे उस खर्चे की छूट नहीं मिलेगी। 2. 44AB- 95% audit criteria (करदाता जिनके लिए, धारा 44AB के तहत
नकद लेनदेन के लिए आयकर के प्रावधान | Cash Transaction under Income TAx Read More »
Income tax provisions for cash transactions
Income tax provisions for cash transactions Read More »
Median is the middle number in a sorted, ascending or descending list of numbers, and which can often be more descriptive of that data set than the mean/average. Mean refers to the average of a set of values.
Median vs. Mean | What is Median | What is Mean | Difference between Median vs. Mean Read More »
Nominal interest rate is the interest rate typically quoted on an investment or loan, and which is unadjusted for the effect of compounding. Effective interest rate is the true interest rate on an investment or loan because it takes into account the effect of compounding.
Insure is to arrange for compensation in the event of damage to or loss of property, or injury to or death of someone, in exchange for regular advance payments to a company or government agency. Ensure is to make certain that something shall occur or be the case.
Risk Adverse doesn ‘t exist in English. Adverse means unfavorable, opposing one ‘ s interests, or acting in a contrary direction Risk Averse is the investor who chooses capital preservation over the potential for a higher-than-average return.
Profit Before Tax (PBT) is the total profit a company has earned before accounting for income taxes. PBT is calculated by subtracting all the operating expenses and cost of goods sold (COGS) from a company’s total revenue. Profit After Tax (PAT) is the total profit a company has earned after accounting for all taxes. This
PBT Vs. PAT | Difference between PBT and PAT | What is PBT | What is PAT | Read More »
Cost of Production refers to the total cost of manufacturing a product or service. It includes direct costs such as raw materials, labor costs, and factory overheads, as well as indirect costs such as rent, utilities, and depreciation. Cost of Production = Cost of Raw Materials + Cost of Direct Labor + Cost of Direct
Cost of Production Vs Cost of Sale Read More »
The central government has made major changes in the new tax system and has given tax exemption to people earning up to 7 lakhs. People coming in the new tax system will benefit, you pay less tax in the new tax system but for that you have to give up the rest of the exemptions,
Budget Highlight of 2023-24 Read More »
