Category Archives: Finance

Finance is a simple task of providing the necessary funds (money) required by the business of entities like companies, firms, individuals and others on the terms that are most favorable to achieve their economic objectives

6 Reasons You Shouldn’t Run Your Payroll In Excel Sheets

6 Reasons You Shouldn’t Run Your Payroll In Excel Sheets Payroll is a common occurrence across all organizations, irrespective of their size or shape. It is a well-known fact that running a payroll manually requires a lot of work, time and dedicated effort from HR and Finance teams.

Withdrawal rules of provident fund account

Withdrawal rules of provident fund account Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated […]

Equity mutual funds that have outperformed across the market cycles from long times

Equity mutual funds that have outperformed across the market cycles from long times The track record is widely used as the starting point to evaluate the performance of mutual funds. Generally, historical performance is measured across time periods, ranging from 1- 10 years and funds are ranked based on their performance over a defined period.

Notices to 10,000 depositors post demonetisation

Notices to 10,000 depositors post demonetisation The revenue department has issued preliminary notices to about 10,000 people under the benami law seeking source of income details as it analyses data on deposits of cancelled notes after the November 2016 demonetisation.

Get rewards from the government for paying tax

Get rewards from the government for paying tax The government is looking to put in place an incentive programme to rewards and recognize honest taxpayers to encourage a culture of compliance. A committee has been set up under Central Board of Direct Taxes (CBDT) to draw up the scheme.