Sec. 194-O of income tax act
According to Sec. 194-O of income tax act ,any payment by e-commerce operator is required to deduct tds @at the rate of 1%. on gross amount. 1. What is section 194-O of income tax act? If sale of goods or…
Tax And Finance Guide
Hedge Fund
A hedge fund does varieties of things than merely buying and selling securities. It takes both long and short positions, use arbitrage , buys and sells undervalued securities , trades options or bonds . And invest in almost any opportunity…
Current Ratio
What is current ratio? Current ratio is calculated by dividing current assets by current liabilities. Further, current assets includes cash and those assets that can be converted into cash within a year such as marketable securities, debtors, bills receivables and…
Cash Ratio
What is Cash Ratio? Since cash is the most liquid asset, a financial analyst may examine cash ratio and its equivalent to to current liabilities. Trade investment or marketable securities are equivalent of cash , therefore they may be included…
Share Split
Meaning of share split: A share split is a method to increase the number of outstanding shares through a proportional reduction in the par value of the share. This affects only the par value and the number of outstanding share…
Carrying costs
The cost incurred for maintaining a given level of inventory are called carrying costs. They includes storage ,insurance, taxes, deterioration and obsolesce. What is carrying costs? The cost incurred for maintaining a given level of inventory are called carrying cost.…
Salvage Value
Salvage value (SV) is the most common example of terminal cash flows. Salvage value may be defined as the sale value (market price) of an investment at the time of its sale. The cash proceeds net of taxes from the…
Bond
Bond is a long term debt instrument or security. Bonds issued by the government do not have any risk of default. What are the features of a bond or debentures ? Following are the features of bonds: 1. Face Value…
Sunk Costs
Sunk costs are cash outlay incurred in past . They are result of past decisions and cannot be changed by future decisions. Since they do not influence future decisions, they are irrelevant costs. Further they are unavoidable and irrecoverable historical…
Budget 2024 – Key Announcements
Our Honorable Finance Minister Mrs. Nirmala Sihtaraman has announced the union budget on 1st Feb 2024. She has said that the Indian economy witness extreme transmission in the last 10 years. Here are the key announcements of budget 2024. Following…