The Income Tax Department has made the Excel utility for Income Tax Return (ITR)–5 available on its e-filing portal, allowing eligible taxpayers to start filing for the assessment year 2025–26. The ...

The Income Tax Department has released the ITR-5 Excel Utility for Assessment Year 2024–25, enabling partnership firms, LLPs, cooperative societies, and other eligible entities to file their annual ...

Taxpayers with income from salary, capital gains, or unlisted equity shares can file ITR-2. For AY 2025-26, the ITR-2 excel utility has six updates, including reporting capital losses on share ...

Filing your income tax return (ITR) might not be the most exciting task, but it’s a crucial part of your annual financial obligations. For salaried individuals with simple income structures, the ...

Calculating age based on a birthday is a common task, whether for work, school, or personal records. Excel makes this easy with built-in formulas that can quickly determine a person’s age from their ...

Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...

Have you ever found yourself wrestling with Excel formulas, trying to calculate moving averages or rolling totals, only to end up frustrated by the constant need for manual adjustments? You’re not ...

Effective and marginal tax rates might not be familiar terms. However, they’re essential concepts to understand because they determine how much income you’ll have to fork over to the government every ...

Calculating a weighted average in Excel is essential when you need to account for varying degrees of importance among data points. Unlike a simple average calculation that treats all values equally, a ...

We calculate compound interest based on frequency. This frequency is the compound frequency, which refers to the number of times an interest is calculated and added to the principal amount within the ...