Category: Finance

Financial planning and investment strategies are crucial for managing your money, achieving your financial goals, and building wealth over time. Here are some key concepts and strategies to consider: Set Clear Financial Goals: Start by defining your short-term and long-term financial goals. Whether it’s saving for retirement, buying a home, or starting a business, having… Continue reading Financial Planning and Investment Strategies

Bull Market This situation is defined as a marketplace whereby the prices of listed securities continuously rise due to favorable macroeconomic scenarios or improved internal circumstances of the firm or sector. In general, the terminology applies to stocks, but it also gets referenced to other asset class such as Bonds, FOREX, and Commodities, etc. Since the laws of demand and… Continue reading Bull Market vs Bear Market

RCM charges refer to Reverse Charge Mechanism charges. The reverse Charge Mechanism is a tax compliance mechanism used in some countries to shift the liability to pay taxes from the supplier of goods or services to the recipient or buyer. Under the Reverse Charge Mechanism, the buyer of goods or services is required to self-assess… Continue reading RCM Charges

As a new financial year begins, many Indians are looking for ways to maximise their savings and minimise their tax liabilities. One popular investment option that offers potential tax benefits is Fixed Deposits (FDs). In this , we’ll explore the  most effective ways to save on taxes with FDs and how they can be a… Continue reading 5 Best Ways to Save on Taxes with Fixed Deposits

Monitoring these KPIs can help you identify potential cash flow issues and take proactive steps to address them 1. Operating Cash Flow Ratio – measures the cash generated by a company’s operations to cover its current liabilities. 2. Free Cash Flow – the cash available to a company after accounting for capital expenditures. 3. Cash… Continue reading 10 Essential Cash Flow KPIs to Monitor

What is Surcharge? Surcharge is an additional charge levied for persons earning Income above the specified limits, it  is charged on the amount of income tax calculated as per applicable rates.    10% – Taxable Income above ₹ 50 lakh – up to ₹ 1 crore.    15% – Taxable Income above ₹ 1 crore – up… Continue reading Surcharge, Marginal Relief and Health & Education Cess 

CTC (Cost to Company) refers to the total amount of money a company spends on an employee, including their salary, benefits, bonuses, and any other perks. On the other hand, the in-hand salary is the actual amount that an employee receives after taxes and other deductions have been taken out. ▶ Here are some of… Continue reading CTC (Cost to Company)

The Income Tax Act has classified the types of taxpayers into various categories. Different tax rules apply to different types of taxpayers. Everyone who earns or gets an income in India is subject to income tax. (Yes, be it a resident or a non-resident of India). For simpler classification, the Income tax department breaks down income… Continue reading Types of Income

The income tax system in India based on the Income Tax Act,1961. Individuals are required to file an income tax return (ITR) annually, declaring their income from various sources like salary, business or profession, capital gain and other sources and applicable deductions or credits. Failure to file taxes result in penalties and legal consequences. It is important… Continue reading Income Tax Slab -New Regime