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Acronyms Archives | Monetary Section
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A Place For Quality Information. July 8, 2014. Middot; Published July 8, 2014. Choose a word from the list of Acronyms: Acronyms Full form ADR American depository receipt AOA Article Of Association BOD Board of director CAGR Compound annual growth rate CD Certificate of deposit CPI Consumer price index CRR Cash reserve ratio EBDIT Earning Before Dividend, Interest.. Subscribe to Blog via Email. Enter your email address to subscribe to this blog and receive notifications of new posts by email.
How is income tax calculated? | Monetary Section
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A Place For Quality Information. How is income tax calculated? July 12, 2015. July 12, 2015. Income tax is amount of tax levied upon income of an individual earned during a financial year. Is first step in calculation of income tax. Income tax is calculated on annual taxable income and deduct every month from income of an individual on average basis. Total Income is sum of YTD and prorated income. Tax is applicable on the basis of income tax slab. Total tax payable for Dinesh would be:. Note: Surcharge i...
Accounting Archives | Monetary Section
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A Place For Quality Information. April 25, 2015. Middot; Published April 25, 2015. Golden rules of accounting. Accounting is totally based on general entry system. It is very important and useful to put right entry at right side. Therefore, Accounting has three basic rules which are also called ‘golden rules of accounting’ due to its relevance. Accounting is almost incomplete without these.. March 29, 2015. Middot; Published March 29, 2015. Middot; Last modified July 10, 2015. August 30, 2014. Liquid ass...
Dictionary Archives | Monetary Section
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A Place For Quality Information. December 15, 2015. Middot; Published December 15, 2015. Discounted Bills – Meaning. Discounted bills are bills (Bill of exchange or Promissory notes) sold by corporates to banks or credit institutions to raise fund. These bills are sold at discounted price than the par value. The discounted amount then credited to the seller’s account. At the date of.. June 15, 2015. Middot; Published June 15, 2015. Accounts receivable – Definition. April 14, 2015. Cost Of Goods Sold.
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Thursday, January 3, 2008. The Citizens' Guide to Money. Posted by Monetary Science at 10:34 PM. Links to this post. The Citizens Guide to Money.
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Monetary Section is a website created for the purpose of educating people in the field of finance. We are relatively new to the market but have potential to grow up with comparatively fast rate along with our users' knowledge base. With the journey which started back in 2014, we are emerging as one of the most popular websites of today. All this time, our focus remained on same thing i.e. to provide. Accurate information using simple explanation. Our goal is simple and clear : To educate people about Fin...
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