A working capital cycle (WCC) may sound like financial jargon, but it’s an important concept for business owners to understand. What entrepreneur wouldn’t want to know how fast their company can turn a profit?
The Working...
Index funds, created by John Clifton Bogle almost 45 years ago
as a way for everyday investors to compete with the pros. Index funds are a
form of passive investing which is an investing technique that...
Section 44AB of Income Tax Act contains provisions pertaining to the tax audit under the Income Tax Audit. Tax audit refers to the independent verification of the books of accounts of the assessee form...
Tanishq’s early commercial ads were presented in a luxurious
ambiance and showed studded and diamond jewelry. All this served to win over
the elite customer base. But it also served the perception that Tanishq was a
high-price...
The Big 4’s
are world’s four largest professional service firms.
We can call
them as the secret Google, Microsoft, Apple & Amazon of Accounting firms.
Their revenues are huge and they have strong entry barriers in their sector.
They...
"Never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before." Well said by Rahm Emanuel
The current situation...
This article focuses on
provisions of The Income Tax Act, 1961 and rules made there under relating to
Set Off and Carry Forward of Losses.
Adjusting of income under one head
against the loss under another head is...
The Finance Bill introduced alongside the Union Budget 2020 brought about an amendment in Section 6 of IT Act,1961 “Residence in India”, leading to Modification in Residency provisions and impact on NRIs.
The Residential status...