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Union Budget 2023-24|The Vision for Amrit Kaal
BUDGET 2023-24 has cheered up Indian Industry Leaders and have hailed it as “prudent”, “positive” and “progressive”. The Budget has a clear vision with 7 Pri orities or Saptrishi as…
Bad Debt Expense
When a receivable isn’t any longer recoverable because of a customer’s inability to pay a debt because of bankruptcy or other financial issues, a Bad debt expense is recorded. Companies…
Tax Liability
[…] occurs, the taxpayer must know the event’s tax basis further because the rate of tax thereon is base. Taxes are owed within the variety of excise and corporation payrolls.…
Structured Finance
[…] capital injection into a firm or organization. Unlike a regular loan, which can be transferred between different types of debt, structured financial products are nearly invariably non-transferable. Corporations, governments,…
Finance Related Deadlines to Be Kept In Mind for December 2023
[…] identity when demanded by the bank at the time of seeking access to the locker. Change in inactive Unified Payment Interface UPI ID According to National Payments Corporation of…
Contingent Asset
[…] an asset. Due to earlier occurrences, a contingent asset appears, but the whole thing of all asset information won’t be collected until future events occur. When a corporation expects…
Best Strategies For Using Currency Futures In Stock Market
[…] who will need to buy base currency in the future to pay any liabilities will employ this technique. A long hedge is a cost-cutting approach for a corporation that…
Unique Ids For Indians Boon Or Bane For The Citizens?
[…] IDs to bring transparency and curb leakages in the system. The government has been consolidating initiatives and attempting to bring additional schemes under the Aadhaar umbrella. Acc ording to…
Tax Holiday
[…] a new facility from paying property taxes for a period of time. A tax holiday is a governmental incentive that lowers or completely removes taxes for individuals, corporations, or…
Bullet Bond
[…] the bond’s existence. Bullet bonds are non-callable since their issuer cannot redeem them early. The rate of interest on bullet bonds issued by stable governments is n ormally low…