Investors are typically fixated on the price-to-earnings (P/E) strategy while seeking stocks trading at attractive prices. This straightforward, easy-to-calculate ratio is the most preferred among all ...

If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...

The COVID-19 pandemic impacted nearly all aspects of life, including the cost of buying a car or truck.According to ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

An official explained that in cases where businesses with GST registration have claimed depreciation under the Income Tax Act, the margin on the sale on which GST is applicable would be the ...

The sharp depreciation in the rupee will take the sheen of corporate profit in the December quarter amid weakening domestic demand across sectors. This apart, companies with large overseas ...

We've identified the following companies as similar to null because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list ...

ITAT Mumbai disallowed the claim of depreciation under section 32 since assessee failed to prove that car was used for the purpose of assessee’s business wholly or in part. Accordingly, appeal ...

To calculate this capital expenditure depreciation expense, the company's accounting team must use the asset's purchase price, its useful life, and its residual value. Here's how. Image source ...

The revised rate applies to vehicles sold with a margin and purchased by businesses claiming depreciation. However, individuals selling or buying old vehicles will continue to be taxed at the ...

Moreover, the sharper depreciation of the Chinese yuan, Japanese yen, and Mexican peso against the US dollar may prompt buyers to pressure Indian exporters to pass on the gains, besides undermining ...

The rupee's depreciation against the US dollar is positive for export competitiveness, and trade deficit in turn, according to analysts. The Indian rupee has declined over 2.24% in 2024, according to ...