To calculate gratuity, employers in India use a formula-based approach, where the gratuity payable depends on two factors: The employee’s last drawn salary amount Years of service For calculating gratuity, the Payment of Gratuity Act has divided non-government employees into two categories: employe...
How to calculate the road tax in India? Read more about RTO charges & how it is calculated, how to pay the road tax, toll tax & state wise list of the road tax in India
How To Use the Indirect Method for Cash Flow Statements What You Need To Know About Self-Employment Tax Discounted Cash Flow Explained: DCF Formula and Uses 9 Types of Startup Business Loans and Financing What Is Operating Cash Flow (OCF): Definition and Formula ...
Otherwise, you should opt for the standard deduction.9 Note Students and business apprentices from India may be eligible to claim the standard deduction under Article 21 of the U.S.-India Income Tax Treaty.10 Standard Deduction Amounts New standard deduction amounts were introduced by the Tax...
To calculate your customer value, you’ll just need to multiply your average order value by your purchase frequency. Customer Value = Average Order Value x Purchase Frequency 5. Multiply customer value by average lifetime value Now that you have the customer value for each segment of your ...
Calculate the depreciable base by subtracting the estimated residual value from the initial cost of the asset. For example, if the initial cost of the asset is Rs. 50,000, and the residual value is expected to be Rs. 5,000, the depreciable base would be Rs. 50,000 minus Rs. 5,000,...
Very easy to calculate pricing for currency conversion by comparing their buying and selling rates; BOV: (1.1005+1.1398)/2=1.12015 which is the actual rate they are comparing to So their charge is (1.12015-1.1005)/1.12015=1.75% HSBC: 2.5% Reply Jean says April 30, 2019 at 10:04 am Goo...
For instance, when goods are sold from Maharashtra to Gujarat, IGST is applied, and the credit is transferred to Gujarat, where the goods are received and consumed. What are the Types of GST? India’s Goods and Services Tax (GST) framework comprises four main types:Central GST (CGST),Stat...
Retail conversion rate is one of the most important KPIs for any brick-and-mortar store. Here’s how to calculate and increase yours.
To calculate CAC, first sum up all the costs associated with marketing and sales over a specific period. Divide this total by the number of new customers who made purchases for the first time during that same period. The resulting figure will be the average amount you spent to acquire a ne...