1. Today’s Crude Oil Price Analysis i. Introduction: Welcome to our daily exploration of the volatile seas of the global energy market. In this blog post, we’ll dive into the latest developments and trends shaping today’s crude oil prices. As of today, let’s unravel the factors influencing the rise and fall of this essential commodity.… Read More »
Financial Projections Financial Projections: A business owner must consider economic conditions when making financial projections because the overall economic environment can have a significant impact on the performance of their business. Here are some reasons why economic conditions should be taken into account: 1. Market Demand: Economic conditions influence consumer behavior and purchasing power.… Read More »
Tax efficiency Tax efficiency Taxation Optimization in Capital Structure Decisions”: Tax planning, with reference to capital structure decisions, involves considering the tax implications of different financing options and structuring the capital of a company in a tax-efficient manner. Here’s a fresh perspective on tax planning with respect to capital structure decisions: Tax planning in capital… Read More »
Destination based tax When we refer to GST (Goods and Services Tax) as a destination-based tax. It implies that the tax is imposed at the final point of consumption for goods or services. The tax proceeds collecte by the state where the goods or services consumed, rather than the state where they produced. For more… Read More »
What if I do not pay my income tax If you do not pay your income tax, it will be considered as taxes evasion, which is a serious offense under the Income Tax Act in India. If the Income Tax Department finds out about the non-payment of tax, it can take various legal actions against… Read More »
Paying tax for salt There is no tax imposed on salt in India. Salt is considered an essential commodity and is exempt from any form of taxation, including indirect taxes like the Goods and Services Tax (GST). This exemption is in place to ensure the availability and affordability of salt for all individuals in the… Read More »
Is corporate tax a direct or an indirect tax Direct taxes are taxes that are levied on individuals or entities based on their income, profits, or assets. Corporate tax is a direct tax that is imposed on the profits earned by corporations and other business entities. The tax is calculated based on the net income… Read More »