Key TDS/TCS Reforms Announced in Union Budget 2025
In a key policy reform to simplify tax compliance for businesses, Finance Minister Nirmala Sitharaman has rationalised the TDS/TCS structure in the recently proposed Union
Category: Business Management
India Union Budget 2025 Highlights | Tax Relief, FDI Boost, and Economic Reforms
India, commonly known as the fifth largest economy in the world, unveiled its Union Budget on Feb 1, 2025. With the focus on boosting domestic
What is Material Requirements Planning (MRP)?
What is MRP? Material requirements planning (MRP) is a system that calculates the materials needed to manufacture a product and meet consumer demand. Manufacturing companies
Union Budget 2024 : What Can Be Expected for Medical Devices Manufacturing in India
Indian Medical Devices Industry The size of the Indian medical devices industry was estimated to be $11 Billion in 2023. It is expected that it
What Is Material Handling? | Meaning, Types And Principles
What Is Material Handling? Material handling, comprised of two words material and handling, is a process of transporting raw materials from their original location to
India’s Growing Defence Industry & Emerging Capabilities
India is fast emerging as a global defence superpower, and going through a transformative change in recent years. From being a defence importer to an
What are Overhead Costs? Definition & Meaning
A business has to spend money to make money, that’s how it works. In the business landscape, there is a term called overhead costs. It
What is a Periodic Inventory System and How Does It Work?
Inventory is an integral part of the business where all the goods and raw materials are stored to sell later to the consumers. A periodic
What is Operating Profit Ratio?
Every day businesses deal with numbers and ratios to measure performance in terms of finances, operations and efficiencies. One such measure to measure all these
What is Operations Management?
Operations Management is an excellent field in the business landscape. It is the execution of backend organisational functions. Operations management encompasses all the functions related