To calculate working capital, subtract a company’s current liabilities from its current assets. Working capital is the amount of capital that a company can readily use for day-to-day operations.

Taxpayers will be liable to pay zero income tax from April 1, 2025, if their income is up to ₹12 lakh per annum.However, even if the income exceeds that, a standard deduction of ₹75,000 and a 14% ...

Two out of every five American taxpayers have not yet filed their 2024 taxes—but it’s not too late to get an extension, as ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Being able to assess a company's operating cash flow (OCF ...

Getting a business loan rapidly is a game-changer for entrepreneurs in India because having timely access to cash is vital whether expanding operations, managing cash flow, or investing in new ...

Give a child a fake credit card (this can be a toy card, library or grocery card, etc.) and give them a limit. Set up a small ...

Virtual Digital Assets (VDAs) generate earnings in various forms — capital gains, staking rewards, airdrops, and gifts — each ...

Gifts made within the last seven years are not included in the calculations but may be liable to IHT on a sliding scale. From April 2012 the rate of inheritance tax is 36% (from 40%) for estates ...

Tax season has always been a stressful time, but AI is making it even more interesting—especially for tax authorities.

Summary: Under the new tax regime for Financial Year 2024-25, individuals with a total income up to ₹7,00,000 are eligible ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

IRS.gov has a variety of information to help disaster victims navigate common situations in the aftermath of disasters.