As most of us would be aware, matching principle is one of the most important principles of accounting. In simple
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Components of GST: CGST, SGST and IGST
In India, the Constitution provides rights to both Centre and the States to levy and collect taxes. GST has been
Continue readingAll About Deferred Tax – What You Need To Know
Contrary to its name, deferred tax is actually an accounting concept. It is governed by Accounting Standard 22, which is studied
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Every democratic country has three wings – the legislators, the administrators, and the judiciary. As has always been the case
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