Operating expenses

Operating expenses

Operating expenses, or OPEX, are considered necessary for evaluating a company’s operational performance. As a result, it is beneficial to both management and financial analysts in gaining a thorough grasp of the company’s cost and sales efficiency. What...
Liabilities

Liabilities

In financial and economic terms, a liability refers to a company’s obligations to parties other than itself, which it is likely to write off at some point in the future. Liabilities play an important part in any organisation and are frequently used as a...
Indexation: What Is Indexation & How Does It Help You

Indexation: What Is Indexation & How Does It Help You

Investments come with risks, and the more the risk, the higher the reward, which is taxed as a capital gain. Indexation is crucial in this case. By restricting the purchase price of the investment or asset, indexation serves to reduce the overall tax liability. What...
Types of GST

Types of GST

On March 29th, 2017, the Indian Parliament passed the Goods and Service Tax Act, which went into force on July 1st, 2017. It was heralded as a major tax reform for the country, replacing a variety of indirect taxes such as excise duty, VAT, service tax, and so on. The...
List of Union Government Scheme for Individual in India

List of Union Government Scheme for Individual in India

Various programs benefiting Indian people are launched by the Union Government on a regular basis. The Union Government Initiatives for Individuals in India is a collection of schemes developed by the Union Government that focus on giving benefits to individuals. They...
Direct funds

Direct funds

According to the Securities and Exchange Board of India (SEBI), there are two types of mutual funds issued by asset management companies (AMCs): regular funds and direct funds. Let’s take a closer look at direct funds – What are direct funds and what are...