The terms Fiscal Year and Financial Year are synonymous, i.e. meaning the same thing. They are a period that governments use for accounting and budget purposes. However, they are also the duration on which tax...

PAN stands for Permanent Account Number. It is a number that is issued to any person who pays tax. Aadhar is an UID, i.e. a unique identification number. Its main purpose is to create a database of each...

Hard Work is when one does some work dedicatedly. Smart work is when someone does the same amount of work, but faster and more efficiently.

A PAN number is a number for anyone who pays income taxes or has financial transactions. TAN is required for any organization that deducts or collects tax at source. A TIN number is required by any dealer or...

Commercial licenses are meant to be used by a company or corporation that is engage in commercial operations, whereas personal licenses are meant to be used by individual people who are engaged in personal...