Employees’ State Insurance (ESI): Full Form, Definition, Wage Limit and Benefits
What is ESI? ESI stands for Employee State Insurance. ESI is a social security and health insurance scheme…
Travel Expenses: Meaning, Types & Management
Understanding Travel Expenses Travel Expenses refers to any cost that is paid for the purpose of traveling in…
What is FOB? Understanding the Full Form, Meaning, and Definition of Free on Board Terms in Trade
What is FOB? FOB stands for Free on Board. FOB is a term which indicates if a buyer…
What is PAT: Full Form, Meaning and Calculation
Understanding PAT Profit After Tax, or PAT refers to the amount of money a company has earned after…
Cash Credit: Meaning, Eligibility, and Advantages
What is Cash Credit? Cash Credit, or CC refers to a short-term loan provided by banks for businesses…
Last Traded Price (LTP): Meaning, Calculation, and Differences
What is LTP? The full form of LTP is the Last Traded Price. LTP is the most recent…
MTD: Full Form, Meaning, and Its Importance in Business Performance Tracking
What is MTD? MTD is the period from the beginning of the current month up to the present…
Taxation: Meaning and Types
What is Taxation? It is a process where the government collects monetary contributions from individuals, businesses and entities…
What is a Demand Draft
Understanding Demand Draft Demand Draft or DD refers to a financial instrument used to make payments, which can…
VAT: Full Form, Meaning, Definition, and Its Benefits
Understanding VAT VAT or Value-added Tax is a tax imposed by the government on the sale of goods…