The issue was whether adjustment of brought-forward loss and depreciation under MAT could be altered through rectification. The Tribunal held that such MAT computation involves interpretation and ...

When disaster hits, the last thing you want is to argue about what you owned and what it was worth. Yet that is exactly where ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

Stockpile inventory serves as your business’s insurance policy against the unpredictable. It’s the strategic reserve that ...

When you redeem your mutual funds after holding them for a period longer than 12 months, long-term capital gains (LTCG) tax is payable on them. When the redemption takes place in less than 12 months, ...

Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

The Norfolk County Sheriff’s Department wanted to hit the road. So in early 2023, the office made an unusual purchase — a new Coleman motor home — with a specific goal, documents show: to bring the ...

Learn about footings in accounting: how they function in balance sheets, their importance in finalizing balances, and a ...

Tom Blake is a full-time finance writer and blogger who specializes in covering the banking industry, side hustles and ways to make and save more money. His work has been featured in publications like ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

When you open a checking or savings account, the bank will review your information with a reporting agency, such as ChexSystems or Early Warning Services, including account openings, closings and ...

Flagstone is an FSCS-protected online savings platform on which savers can compare, open and manage as many savings accounts as they like in return for a small percentage of the interest they earn.