EBITDA: A Comprehensive Overview
Introduction to EBITDA EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a widely used financial metric that provides insights into a company’s operating performance, excluding the…
Types of Companies in India: A Comprehensive Overview
India is home to a diverse and thriving business ecosystem, supported by a well-defined legal framework. The Companies Act, 2013 governs the formation, management, and regulation of companies in India.…
How to Increase Your Credit Card Limit: A Comprehensive Guide
Increasing your credit card limit can provide several benefits, such as improved financial flexibility, a better credit score, and increased purchasing power. However, it’s essential to approach this responsibly to…
Section 194H of the Income Tax Act
Introduction Section 194H of the Income Tax Act, 1961, is an important provision concerning the deduction of tax at source (TDS) on commission or brokerage payments. Introduced to ensure tax…
What is Statutory Liquid Ratio (SLR)?
Introduction The Statutory Liquid Ratio (SLR) is a critical monetary policy tool used by central banks to regulate credit flow and maintain financial stability in the banking system. In India,…
Windfall Tax in India: Everything You Need To Know
Introduction A windfall tax is a special tax imposed by governments on companies that experience unexpected and extraordinary profits, often due to favorable external circumstances rather than their own business…
What is Special Allowance: Taxation, Calculation, and Exemption Limit
Special Allowance is a component of an employee’s salary that is provided to meet specific requirements or compensate for unique conditions associated with their job. This allowance is over and…
Budget Glossary: Key Terms and Definitions You Must Know
The Union Budget is a yearly event that holds great significance as it influences the daily lives of citizens. The Budget document contains various technical terms such as fiscal deficit,…











