Content creator • 1y
HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES Based on Earnings from different departments ₹27 - Borrowings & other liabilities ₹19 - Income Tax ₹18 - GST & Other Taxes ₹17 - Corporate Tax ₹9 - Non-Tax Receipts ₹5 - Union Excise Duties ₹4 - Customs ₹1 - Non Debt Capital Receipts
Trying to do better • 9m
Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme
See MoreChartered Accountant • 1y
GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr
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A sin tax is an excise tax levied on goods and services like tobacco, alcohol and gambling, which are deemed harmful to people. The tax aims to reduce or eliminate the use of such products by making them more expensive to buy. The government is expec
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Medial • 1y
Union Budget 2024-25: Key Highlights for Startups and MSMEs 🚀 Finance Minister Nirmala Sitharaman mentioned 'startup' just twice in her speech, but there's plenty for the startup ecosystem, manufacturing, and MSMEs in this budget! Here's the scoop:
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Zomato Finances of this year::: Revenue: 5405 cr Expenses: 5533 cr Loss:128 cr Non operating income (invested in FD, IPO and from other places): 252 cr Income- Loss=124 cr After tax: 59 cr Means, Zomato is earning from interest and FD's than actual
See MoreBuilding in 🥷🏻• Pr... • 1y
What's your pov on Masters Union-like they distributed their contents through different media and made a great brand value- but is it actually worth it for a tier 3, non-business background student! If I have to invest around 30-40lacks for my Master
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