Golden Rules of Accounting: A Beginner’s Guide to Financial Management
Accounting is an essential aspect of any business, big or small. It helps in recording, classifying, and summarizing financial transactions to provide meaningful information...
Understanding the Basics of a Balancing Sheet: A Comprehensive Guide
A balancing sheet is an essential financial statement that provides an overview of a company's financial position at a specific point in time. It...
The 101st Amendment: Empowering Local Governments
The Constitution of India, which was adopted on 26th January 1950, has been amended numerous times over the years to meet the changing needs...
Bills Receivable: An Overview
A bill receivable is a type of financial instrument that represents an obligation by one party to pay a specified amount of money to...
Understanding HSN Code: What it is and How it Works
HSN code is a six-digit code used to classify goods in the world of trade. It stands for Harmonized System of Nomenclature and is...
A Guide To Everything You Need to Know About Refund Checks
Refund Checks: What You Need to Know
Are you expecting a refund check from the government or a company? A refund check is a payment...
Unlocking the Benefits of Tax Deductions Under Section 80G of the Income Tax Act
Introduction
Section 80G of the Income Tax Act of India is a provision that allows taxpayers to claim tax deductions on donations made to certain...
A Guide to Understand the Balance of Payment with the World
Balance of Payment: An Overview
The balance of payment (BOP) is a record of a country's financial transactions with the rest of the world over...
A Step-by-Step Guide to Making GST Payments
Goods and Services Tax (GST) is a value-added tax that is levied on the supply of goods and services in India. It is a...
E-Verifying Your Income Tax Return: A Step-by-Step Guide
Income tax is an important aspect of financial management in India, and the filing of an ITR (Income Tax Return) is mandatory for individuals...