Author: Krishnendu K J

The Importance of Financial Forecasting in Business Planning Financial forecasting is a fundamental pillar of business success. Organizations that plan with accurate forecasts can navigate uncertainties, optimize resource allocation, and make strategic decisions with confidence. Financial forecasting is the estimation of future financial outcomes based on past and current market trends and data along with various… Continue reading The Importance of Financial Forecasting in Business Planning

A cash flow statement is a financial statement that presents total data. Including cash inflows, a business gains from its continuing progress and external financing sources, as well as all cash outflows that pay for trading activities and finances during a delivered time. In other words, a cash flow statement is a financial statement that… Continue reading Cash Flow Statement

Accounting principles are the common guidelines and rules related to accounting transactions that are followed to prepare financial statements successfully. These principles are the founding guidelines for preparing and recording financials for proper analysis. These accounting principles are also known as Generally Accepted Accounting Principles or GAAP. These principles guide accountants in financial analysis and ensure that the quality of financial information a company… Continue reading Accounting Principles

A new clause (d) has been introduced in Section 158BB(1A) that the income of certain assesses shall be considered disclosed income where return filing for them is not mandatory and the tax is deducted from such income. The incomes that shall be considered disclosed income under this provision shall be as follows: Where the total… Continue reading Key Amendment to Finance Bill 2025 as Passed by the Lok Sabha-Basis of income where return filing is not mandatory