Everything You Need To Know About 7th Pay Commission Of India

7th Pay Commission of India

7th pay commission of India has been catering a lot of attention these days due to its new recommendations and revised salary structure for government employees in India.  One of the great initiatives by the government for its employees well being and work structure, however, the knowledge and details about the 7th pay commission of … Read more

What Is Contract Costing? Key Features, Types & Examples

What is Contract Costing?

Contract costing serves as a framework in project oriented businesses like construction and engineering projects which helps to evaluate and manage costs associated with a particular project.  Contract costing is termed as a specialized form of job costing, that typically involves undertaking any project on a contract basis.  (1) What is Contract Costing?  Contract Costing, … Read more

Wealth Maximization vs Profit Maximization: Key Differences

Wealth Maximization vs Profit Maximization

Do you know the intriguing difference between building long-lasting financial prosperity and chasing short-term gains? Here comes the concept of Wealth Maximization vs Profit Maximization.   It’s not just about making money; it’s about understanding the profound contrast between nurturing sustained shareholder value over time and the allure of quick, immediate profits. Join me as … Read more

5 Most Used Techniques Of Auditing For Businesses In India

Techniques of Auditing

World says that the Indian market is one of the toughest markets to conquer. So are the Indian business audits. If just one number gets misplaced, your entire maths will fall! Here comes the significance of the techniques of auditing.  These techniques are like tools that help businesses check their finances.   You can picture … Read more

The Ullu IPO: From Getting Quickly Profitable To Filing IPO

Ullu IPO

Ullu IPO has created a humongous buzz around the market mavens with its plans to raise around Rs.135-150 crore! Let me tell you that this is no joke when it comes to SME IPO. If Ullu IPO becomes successful, it will become the largest SME IPO in terms of financial size. That’s what makes Ullu … Read more

Economic Profit vs Accounting Profit: Difference & Examples

Economic Profit vs Accounting Profit

When it comes to profits, the major discussed one is Economic Profit vs Accounting Profit. In financial metrics, “Profit” signifies the condition of your business. Good profit means good business. How? Well, the profit refers to the money you make when you sell something for more than it costs you! Now the question is- how … Read more

The PayTM Crisis: What Exactly Went Wrong & What Lies Ahead

Paytm Crisis

In India, Paytm has become synonymous with online payments. But it seems like the story isn’t the same anymore! Reason? Due to the Paytm Crisis! What’s that? On 31st Jan, RBI posted a tweet, i.e. “Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949.” Now this is a matter … Read more