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EXPENDITURE METHOD
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
45.6% of Indian households use digital channels for at least one purchase: ReportAround 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth,...
Don’t ship air: Why metal swarf Is crushed and briquettedMetal swarf is often viewed as mere waste, yet it holds potential for efficient recycling into briquettes for steel production. Based in Or...
‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala SitharamanNirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She hi...
Horoscope Today, October 15, 2026: Aries, Taurus and Gemini Face New Choices, Fresh Opportunities and Personal RealisationsThe Moon’s transit through Scorpio emphasizes shared resources, personal obligations, and workplace organization. While Mercury in Libra su...
Samantha Ruth Prabhu has 100 grams of protein every day and has remained 50 kg. Harvard scholars say high protein diet helps you burn more calories, even when you are asleepHaving a protein-heavy diet can go a long way in keeping you svelte. As per studies, protein-heavy foods such as lean meat, eggs etc can he...
Statistics ministry proposes common framework to calculate state GDPThe statistics ministry has proposed a common framework for estimating state gross domestic product. This framework uses an expenditure app...
₹199 + ₹299 + ₹499 are eating your salary quietly: How to track subscriptions and recurring expenses automaticallyMany individuals overlook the accumulated cost of multiple small subscriptions on their finances. Tracking these recurring payments can hel...
‘Cash flow statement can't lie’ is the most expensive assumption in the stock market. That number can be dressed up tooThe cash-flow statement is supposed to be honest, the place you see whether a company is really making money or merely reporting it. But a ...
Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
The right profit, the wrong story: How segment reporting can mislead investorsSegment reporting is supposed to be a window into each business a company runs. In some cases, it has become a source of dispute. Auditors ...
Modinomics at 76: The birthday cake, the candles and the numbersPM Narendra Modi turns 76 as he completes nearly 12 years in office, a period that has reshaped India’s economic landscape through infrastr...
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economicsIndia's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global ...
China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
Freelancers filing ITR? Don't get these 5 things wrong: Form, expenses, 44ADA, foreign income, and moreFreelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is e...
RBI MPC meeting: India's real GDP growth for FY25 retained at 7.2%, governor Das saysThe Reserve Bank of India's Monetary Policy Committee (MPC) continues to forecast a 7.2% growth rate for the Indian economy in FY25, althou...
Calling GDP number fudged is abhorrent, blame discrepancy on WPI: Abheek BaruaConspiracy theories about fudging of GDP data and pressure on the system to manipulate data is irresponsible, says Abheek Barua, HDFC Bank.
Govt making efforts to reduce discrepancies in GDP data: Chief Statistician TCA AnantDiscrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.
- No addition allowed under MAT
The Gujarat High Court, in a recent ruling, has held that the assessing officer (AO) cannot make addition to the income