Short Sale vs Foreclosure Short sale and foreclosure are two dreaded words that any home owner would never like to hear. Neither does any lender wish to make use of any of these instruments. But the use of these or either of the two becomes necessary when a home owner defaults on payments of EMI […]
Difference Between Indian GAAP and US GAAP
Indian GAAP vs US GAAP Accounting is an important part of every enterprise, be it small or big. Where ever in the world one trades accounting has to be proper and according to the guidelines set by the government of that place. Basic principles of accounting are same everywhere but there are some differences in […]
Difference Between Index Funds and Mutual Funds
Index Funds vs Mutual Funds One of the most attractive tools of investment today is mutual funds. The reason they are called mutual is because of the participation of many people who pool together a sun of money that is managed by a company by investing in other companies in the share market as well […]
Difference Between Bond and Debenture
Bond vs Debenture Life is full of surprises, and even more so when it comes to finances. A person having a good income today may face financial crisis in future. To avoid these unforeseen financial crises everyone invests in different instruments that can fetch extra income. There are many options available in the market that […]
Difference Between Excise and VAT
Excise vs VAT For any government to function effectively, it needs revenues to carry on with its responsibilities. These revenues are generated through taxes of various types that are categorised into direct and indirect taxes. While income tax is a direct tax, both excise and VAT are types of indirect taxes and constitute a bulk […]
Difference Between Excise Duty and Custom Duty
Excise Duty vs Custom Duty There are many taxes that a local government collects from people running their businesses or doing service in that country. There taxes are collected to meet the expenses incurred by the government in developing infrastructure and providing basic necessities to its citizens. These taxes are of two types direct and […]
Difference Between Duty and Tax
Duty vs Tax Any government has many responsibilities to fulfil for the development of the country and its people. For this it needs resources and these resources come from various sources such as taxes and duties. Thus duty and tax are two important sources of revenue for the government. Both tax and duty are not […]
Difference Between IRR and NPV
IRR vs NPV When the exercise of capital budgeting is undertaken to calculate the cost of a project and its estimated returns, two tool are most commonly used. These are Net Present Value (NPV) and Internal Rate of Return (IRR). When evaluating a project, it is generally assumed that higher the value of these two […]
Difference Between Insurance agent and Broker
Insurance agent vs Broker Insurance is a subject matter of solicitation. If you are looking for an insurance policy for your business, you need right advice and information. Normally this responsibility is fulfilled by a person who is either an insurance agent or a broker. You are not concerned with the terminology as long as […]
Difference Between Bankruptcy and Insolvency
Bankruptcy vs Insolvency Insolvency and bankruptcy are two dread words for any person or business. These are often baffling for a common man as he fails to differentiate between the two. The two terms are often used interchangeably but there are differences between the two. A business is said to be insolvent when the net […]