A payback period calculator aids you in finding out the time taken to recover the investment you make in a project. A shorter payback tenure is preferred in contrast to longer payback tenure. Hence, calculating the period with the help of the...
Read MoreSet Off and Carry Forward of Losses: Minimize Tax Burden & Maximize Financial Growth
In the world of taxation, businesses and individuals come across scenarios wherein their expenses and losses exceed their income, resulting in a poor balance or loss for the financial year. Set-off and carry-forward of losses are two mechanisms...
Read MoreUnderstanding SGX Nifty: Indian and Singapore Derivative Markets for Investors
SGX Nifty, also called the Singapore Nifty, is a derivative product that allows investors to speculate or hedge their positions on the direction of the Indian stock market. It derives its name from the "Nifty 50," the flagship stock index of the...
Read MoreBelow Poverty Line (BPL) Classification: Support for Economically Disadvantaged Individuals and Families
BPL, or Below Poverty Line, is an economic classification used to pick out individuals or households living in poverty and limited access to necessary requirements. The below poverty line classification varies from country to country and is...
Read MoreBIN Views: Book Identification Numbers for Tax Deductions in India
Have you ever encountered a Book Identification Number or BIN view? It is a financial term that illustrates the importance of submitting tax after the relevant deductions. Submitting tax deducted at source is compulsory with the help of bank...
Read MoreUnderstanding Cheque Bounce Cases: Section 138 Violation, Penalties, and Legal Action
A cheque bounce case is a violation under Section 138 of the 1881 Negotiable Instruments Act, punishable with a penalty which can expand to twice the cheque amount or imprisonment of two years or both. When you present a cheque to a banking...
Read MorePaying Property Tax in Telangana: GHMC’s Role, Calculation, and Convenient Payment Methods Explained
Property owners in Hyderabad, the capital city of the Indian state Telangana, are responsible for paying the property tax Telangana to the Hyderabad Municipal Body known as the GHMC or the Greater Hyderabad Municipal Corporation. It uses the funds...
Read MoreUnderstanding Haryana Road Tax: Calculation, Charges, and Payment Options for Vehicle Owners
The Haryana road tax applies to private and commercial vehicles. The revenue generated through the road tax is primarily utilised for roads and national highways construction by the government at the state level, for which they impose the road tax...
Read MoreEWS certificate: Learn the process, eligibility, & required documents for socio-economic empowerment
The Government of India has made significant strides in creating a more inclusive society by including people from every walk of life. Introducing the EWS certificate for the economically weaker sections of society was crucial to achieving a more...
Read MoreExploring India’s FMCG Sector: A Look into Top Companies’ Performance and Future Growth
Fast-moving consumer goods (FMCG) have contributed to India's economic growth. A big consumer base and rising purchasing power make India's FMCG companies a promising investment opportunity. The fast expansion of metropolitan areas, the expansion...
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