AMT: Full Form, Meaning, Definition, Applicability, and Exemptions of Alternative Minimum Tax
What is Alternative Minimum Tax (AMT)? The Alternative Minimum Tax (AMT) refers to a separate tax that ensures…
Advance Payment: Definition and Importance
What is Advance Payment? Advance payments refer to the amount of money that is paid before the final…
Cess on Income Tax: Definition, Meaning, Eligibility, and Types
What is Cess on Income Tax? Cess on Income Tax is an additional tax imposed by the government…
Cyclical Unemployment: Definition, Causes and How to Calculate
What is Cyclical Unemployment? Cyclical unemployment refers to the type of unemployment that occurs because of the fluctuations…
What is Imprest?: Definition, Meaning and Process
Understanding Imprest Imprest refers to a financial system that a company uses to manage small, frequent expenses within…
Authorised Capital: Definition, Purpose and Difference
What is Authorised Capital? Authorised capital refers to the maximum amount of shares that a company is legally…
Schedule Bank: Meaning, Types & Benefits
What are Schedule Banks? There are many banks under the categorization of the Indian banking system such as…
What is CFD: Full Form, Meaning, and Definition Explained
What is CFD? CFD stands for Contract for Difference, which is a well known financial derivative that allows…
What is the Cascading Effect?: Meaning, Definition and Examples
Understanding Cascading Effect Cascading effect is a situation of taxation over taxes. The tax is imposed on every…
Scalar Chain: Meaning, Definition, Structure, and Benefits in Management
Understanding Scalar Chain Scalar Chain is a principle that emphasizes a clear and structured line of communication within…