Section 43B of the Income Tax Act mandates deductions for certain payments only when paid, impacting financial planning and compliance for businesses.

Understand Section 115BAC of the Income Tax Act, its provisions, benefits, and impacts on taxpayers, offering a simplified tax regime with lower rates and reduced deductions.

Learn the basics of the cost of equity, including its definition, calculation methods like CAPM and DDM, examples, and key influencing factors in finance.

Discover the key differences between TDS and TCS, their applicability, rates, entities involved, and legal frameworks to ensure compliance and avoid penalties.

Discover the crucial functions of insurance and its importance in modern life. Learn about different types of insurance, how they provide financial protection, and their role in promoting economic stability and social welfare.