Commerce

The MM Theory The full form of the MM Theory is the Modigliani-Miller Theory. As the name suggests, it was derived by two people named Modigliani and Miller. Franco Modigliani and Merton Miller were economists whose work set a great milestone in corporate finance theory. The MM Theory in corporate taxes is considered a great […]

Lintner’s Model was proposed by professor John Lintner from Harvard Business school after he interviewed 28 large firms. His study proposed an organisation’s current dividend on its current annual earnings and previous year’s dividends. In his proposal, Lintner assumes that every organisation has set dividend policies, and he also assumes that the organisation wants to

Economic institutions in India use modern perpetual debt instruments to increase capital. Bank contents, these hazardous debt instruments as bonds or unsecured bonds, assist the depository claims. Innovative debt instrument investors provide fixed-income asset institutions with lump-sum in switch for interest payments at a regular time interval. The institutions with fixed income repay the entire

The Income Tax Act of 1961 has a broad scope. It authorises the Internal Revenue Service (ITD) to charge tax on the income of people, enterprises, corporations, local governments, organisations, and other artificial juridical entities. As a result, the Income Tax Department impacts various stakeholders, including enterprises, professionals, non-governmental organisations, income-earning residents, and municipal governments.

The Gordon growth model (GGM) is a sequence of dividends that increase at a predictable rate in the future and is frequently used to calculate a stock’s intrinsic value. It’s a basic dividend discount concept (DDM). On the assumption that dividends may continue to rise at the same rate eternally, the GGM calculates the current

In general terms, governance defines the principles adopted for dealing with multiple issues arising in a country and approaches taken to improve the future and implement new laws and reforms for well-being. India is a democratic country with a two-tier government system. The central government, run by the Prime Minister and his Cabinet of Ministers,

The finance function refers to organising, directing, and supervising the financial function of an organisation, such as the acquisition and usage of financial resources. In other words, it is the application of general management ideas to a company’s financial resources. A financial choice is yet another key duty that a financial manager is responsible for

Excise, often known as excise tax or excise duty, is a sort of tax levied on items produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax imposed on the manufacture or sale of a product. The Central Value Added Tax is the new name

Responsibility accounting is a controlling system under management accounting where responsibilities are assigned to control unnecessary costs.  Controlling costs begins with delegating the proper authority to the individuals capable of performing work with the standards. Under this kind of accounting system, the emphasis is on the workforce rather than the methods. Moreover, in social responsibility

In India, the entertainment industry is a huge part of the economy. The sector employs millions of people and contributes billions of rupees to the GDP. To help this industry grow, the government has put in place various taxes and regulations. This blog post will provide an overview of Entertainment Tax in India. We will