SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or business venture. It provides a structured framework for assessing the internal and external factors that can impact an organization’s success. Here’s a breakdown of each component of a SWOT analysis: Strengths: Strengths are the… Continue reading SWOT ANALYSIS
Category: Finance
5 Best Ways to Save on Taxes with Fixed Deposits
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
10 Essential Cash Flow KPIs to Monitor
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
Surcharge, Marginal Relief and Health & Education Cess
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)
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)
Types of Income
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
Income Tax Slab -New Regime
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
Currency exchange rate saved search
This article summarizes the creation of the currency exchange rates saved search without showing duplicate rates in the result. We can create a currency exchange rate saved search from the currency exchange rate page. When creating a saved search for currency exchange rates, it will show multiple lines for the exchange rates of the same… Continue reading Currency exchange rate saved search
Country Based GST Rates
The GST (Goods and Services Tax) percentages levied vary from country to country. Here are the current GST percentages levied in some countries: India: The GST rate in India is 5%, 12%, 18%, and 28% for different goods and services. Additionally, there is a special rate of 0.25% on rough precious and semi-precious stones, and… Continue reading Country Based GST Rates
Goods And Service Tax (GST)
GST (Goods and Services Tax) is a consumption-based tax system, introduced to replace multiple indirect taxes such as excise duty, VAT, and service tax. GST is a value-added tax that is levied on the supply of goods and services and is charged at every stage of the production and distribution chain. It is a comprehensive,… Continue reading Goods And Service Tax (GST)