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Reference
Clear definitions, formulas, and explanations for every financial, tax, developer, and mathematical term used on CalcBit.
A fixed monthly payment made by a borrower to a lender at a specified date each calendar month.
EMI = P × r × (1+r)^n / ((1+r)^n - 1)Read more The annual cost of borrowing including interest and fees, expressed as a percentage.
Read moreThe mean annual growth rate of an investment over a specified period longer than one year.
CAGR = (EV / BV)^(1/n) - 1Read more Interest calculated on the initial principal and also on the accumulated interest from previous periods.
A = P(1 + r/n)^(nt)Read more The original sum of money borrowed or invested, excluding any interest or earnings.
Read moreThe process of gradually paying off a loan through regular payments over time.
Read moreA long-term government-backed savings scheme with tax benefits under Section 80C.
Read moreA mandatory retirement benefit scheme for salaried employees in India.
Read moreA method of investing a fixed amount in mutual funds at regular intervals.
Read moreAn investment instrument offered by banks with a fixed interest rate for a specified tenure.
Read moreA comprehensive indirect tax levied on the supply of goods and services in India.
Read moreThe Central Government portion of GST collected on intra-state supplies.
Read moreThe State Government portion of GST collected on intra-state supplies.
Read moreGST collected on inter-state supplies and imports in India.
Read moreA component of salary provided by employers to meet rental accommodation expenses.
Read moreTax deducted by the payer before making certain payments, as per Income Tax Act provisions.
Read moreAn Income Tax section allowing deductions up to Rs 1.5 lakh on specified investments and expenses.
Read moreTax deduction on interest paid for home loans, up to Rs 2 lakh for self-occupied property.
Read moreProgressive tax rate brackets for individual taxpayers in India for the financial year 2025-26.
Read moreTax on profit from selling a capital asset like property, stocks, or mutual funds.
Read moreThe total cost an employer incurs for an employee in a financial year.
Read moreA lump sum payment made by an employer to an employee as a token of appreciation for long service.
Gratuity = (Last Salary × 15 × Years) / 26Read more A state-level tax levied on individuals earning income from employment or profession.
Read moreThe percentage of revenue that exceeds the costs of goods sold and operating expenses.
Net Profit Margin = (Net Profit / Revenue) × 100Read more The point where total revenue equals total costs, resulting in zero profit or loss.
BEP = Fixed Costs / (Price - Variable Cost per Unit)Read more A lightweight data-interchange format that is easy for humans to read and machines to parse.
Read moreA compact, URL-safe token format for representing claims between two parties.
Read moreA binary-to-text encoding scheme that represents binary data in an ASCII string format.
Read moreA 128-bit identifier that is unique across space and time without centralized coordination.
Read moreA one-way function that converts input data into a fixed-size string of characters.
Read moreA sequence of characters that defines a search pattern for string matching.
Read moreA cryptographic hash function that produces a 256-bit (32-byte) hash value.
Read moreA measure of body fat based on height and weight, used for health assessment.
BMI = weight(kg) / height(m)²Read more The number of calories your body needs to maintain basic life functions at rest.
Men: BMR = 10W + 6.25H - 5A + 5 | Women: BMR = 10W + 6.25H - 5A - 161Read more The total number of calories your body burns in a day, including activity.
Read moreA proportion or share in relation to a whole, expressed as a number out of 100.
Percentage = (Part / Whole) × 100Read more A reduction in the original price of a product or service, usually expressed as a percentage.
Sale Price = Original Price × (1 - Discount%/100)Read more The total time elapsed from a person's date of birth to a given date.
Read moreA way of expressing very large or very small numbers as a product of a number and a power of 10.
Read moreConverting measurements of distance or length between different unit systems.
Read moreThe value of one currency for the purpose of conversion to another currency.
Read moreConverting land area measurements between different unit systems and regional standards.
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