Tag Archives: #UnderstandingFinance

Does net liquidating value include margin?

Liquidating Value Include Margin   What is Liquidating Value? Liquidating value refers to the estimated amount that can be realized from selling off a company’s assets in a distressed situation, such as during bankruptcy or liquidation. It’s a measure of the total cash that could be generated if all assets were sold and liabilities were… Read More »

What is the difference between GST and income tax?

GST and Income Tax         It follows a consumption-based model, where tax is collect at each stage of the supply chain, from the manufacturer to the end consumer. GST replaces multiple indirect taxes such as excise duty, service tax, and VAT, with the objective of establishing a unified market throughout the country… Read More »

What is Terminal Tax?

Terminal tax  It refers to the ultimate tax payment that must make by an individual or entity prior to the conclusion of a tax period. This scenario commonly arises for businesses or self-employed individuals who obligate to pay provisional tax throughout the year, estimated based on their projected income. When the tax year concludes, the… Read More »