A funds flow statement is a statement that comprises the inflows and outflows of funds. It includes the sources of funds and application of funds for the particular period. Therefore, you can analyse the reasons behind the change in a...

IPO investments can be thrilling. It has the potential to generate significant capital gains on listing or over the years. However, popular IPOs are frequently oversubscribed, indicating that demand for their shares vastly exceeds supply. Some applicants who submit a...

Gold is a go-to investment for Indians. Be it gold jewellery, gold coins, or biscuits, gold is consumed in every form. Every auspicious occasion is marked with the purchase of gold. With the entire world moving towards digitalization, gold in...

What are the Golden Rules of Accounting? Financial accounting is more than just book-keeping. In accounting, every transaction has a dual entry – debit and credit. It is important to identify which account has to be credited and which one...

Equity shares represent the ownership of a company. While preference shares have preferential rights to the company's profits and assets. Also, the major difference between equity and preference shares is the voting rights and claim over the company's dividends and...

It’s that time of the year again – Tax Planning. With the financial year-end around the corner, all of us start planning our tax savings now. As a salaried employee, before anything, you should understand your tax slab and meaning...

Income Tax Slabs Under the Old Income Tax Regime and New Income Tax Regime Old Tax Regime Income Tax SlabTax RateUp to ₹ 2,50,000Nil₹2,50,001 - ₹5,00,0005%₹5,00,001 - ₹10,00,00020%Above ₹10,00,00030% New Tax Regime (FY 20-21, FY 21-22 & FY 22-23) Income...

Income Tax Slabs Under the Old Income Tax Regime and New Income Tax Regime Old Tax Regime Income Tax SlabTax RateUp to ₹ 2,50,000Nil₹2,50,001 - ₹5,00,0005%₹5,00,001 - ₹10,00,00020%Above ₹10,00,00030% New Tax Regime (FY 20-21, FY 21-22 & FY 22-23) Income...