Form-16 is a document detailing an individual’s salary, taxable income, and tax deducted. It can be downloaded conveniently ...

Comprehensive income is the change in a company's net assets from non-owner sources.

Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, downloadable from the TRACES ...

New format under Ind AS 118 aims to bring global consistency and clarity to financial reporting; implementation timeline hinges on NFRA and ministry approvals.

While the AIS aims to improve voluntary compliance in income tax filing, the system’s early-stage flaws are causing more confusion than clarity. Taxpayers are now grappling with how to deal with ...

Learn how to read an income statement, break down revenue and expenses, and analyze a company’s profitability before investing.

The long-awaited changes to the TOUR Championship format will finally be implemented as early as the 2025 edition.

If the information came from the company's annual income statement, you're done. In this case, the periodic rate is the interest rate paid on the debt.

Net income is a critical profitability metric that all investors must understand.

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management.

Balance sheets and income statements can help investors analyze stocks. Discover how to interpret these financial documents when you come across them.