Explore topic-wise fullforms in Finance

Vat Description:
Value Added Tax

Tms Description:
The full form of TMS Is the Treasury management system which is a software application that automates the process of making a company’s financial operations.
The treasury management system helps companies and businesses to manage their financial activities such as assets, investments and cash flow, etc. automatically.
The treasury management system is generally used to maintain financial security and to minimize the reputational risk of the company.
The TRM software or system can also be used by a business’s internal management and can be purchased from a technical supplier who builds this software.
There are mainly two types of Treasury management system –
Local TMS software is installed on the home server of the business that enables maximum control of features and security protocols to the company.
The cloud-based treasury management systems are more affordable and more serviceable that can be deployed quickly as they are hosted online.
The treasury management system operates a lot of functions of the company related to its finances such as using data to assess and report payments, cash management, and flow, banking and accounting, etc. here are the prime functions of the treasury management system –
The TRM software projects expectations of revenue, operating expenses, and profit which is a prime task in a company. The treasury management system can also predict estimated sales and expenses per annum this related to influencing a company’s direction.
The cash management task of the business focuses to increase available cash and reducing shortfalls as quickly as possible.
The TRM software here enables a company to remove unrequired expenses and possible financial risks. The treasury management system also provides a range of other cash uses such as cash balances and also can access business accounts at any time. Users of this TRM can check accounts in depth that includes lending, saving balances and transaction histories, etc.
The treasury management system is also able to manage debt to minimize the cost of the company.
The treasury management system software deals with globalization. TMS technolog

Pos Description:
The full form of POS is the point of sale which is an important piece of a point of purchase that refers to the place where a customer finishes the payment for their goods or services.
This is a point where sales taxes come into the act and may become payable. This place is the point of sale system can be in a physical store where these point of sale terminals and systems are used to process the card payments or a virtual sales point like a computer or mobile electronic devices.
POS Full Form: Parts Of Speech.
POS Full Form: Purchase Of Service.
PWD Full Form
PPP Full Form

Mrp Description:
The full form of MRP is the Maximum Retail Price. The maximum retail price or MRP is the highest possible price that can be charged for a particular product in a particular country.
The maximum retail price is calculated by the manufacturer of that product. The maximum retail price is calculated by adding cost price, transportation cost as well as all other government taxes that are being levied on that particular product with varies from product to product.
In some cases, the product can be sold below the market price by the retailer. All kinds of products are labelled with the Maximum retail price mentioned on it in India which allow customers to know the highest price of that product at which it can be sold and brought.
Maximum retail price is a way to prevent sellers and retailers to sell a particular product at a price higher than the market price. However, some products can be charged more than MRP mentioned such as in tourist places especially in the hill stations where those products are not available easily. So the retailers charge more than the maximum retail price. The concept of Maximum retail price was first presented in 1990 in India following the amendment of the Standards of Weights and Measures Act, 1997.
Since its launch, the concept of MRP has been criticized a lot. Here are some of the reasons behind the characterisation of MRP –

Legal metrology rules, PCR, 2011 governs the maximum retail price concept and according to this rule –
The government introduced new rules for MRP after the implementation of GST these are –
The MRP is calculated through a formula which is –
Maximum retail price = manufacturing cost + packaging cost + profit margin + CnF margin + stockist margin + retailer margin + GST + Transportation + Marketing or advertisement expenses + other reasonable expenses
Yes GST is included in MRP because the name itself Maximum retail price says that it includes all kinds of costs and expenses including all types of taxes which contains GST as well. So the retailers can’t charge GST separately over the MRP mentioned on

Pan Description:
Permanent Account Number

Ipo Description:
The full form of IPO is an Initial public offering which is the first time when a company issues their shares to the public as the name suggests.
The initial public offering is basically when a company decides to go public and list itself in the share market where people can buy and trade shares or stocks of that company.
The initial public offering is a time when a company especially private companies become a publicly-traded company.
Anyone who buys a share of that company becomes a shareholder that means the person now has a share in that company because they have invested their money to buy the company stocks.
There are many reasons for a company to issue its IPO and go public but mainly it is to raise money from the public through investments to grow their business.
The initial public offering includes three main investor categories such as –
According to the category of the investor, the share allocation of IPO is decided. An individual often falls under the last category of Retail individual investors.
One is allowed to invest in small lots worth Of Rs 1000 to 15000 as an individual investor. One can apply for up to 2 lakh in an IPO. The retail category share demand is calculated by the number of applications received on the announcement of IPO.
However, when the demand of shares in an IPO exceeds the amount of allocation this is called oversubscription. An IPO can be oversubscribed five times over.
In this case, retail category shares are offered to individual investors based on the lottery system. This whole process is computerized so there would not be any impartial allocation of the shares in an IPO.
There could be many reasons for the release of IPO by a company such as –
There are many advantages one can get by buying shares in an Initial public offering such as –
What is an IPO in India?
IPO or initial public offering is the time when an existing or new company decides to go public and offers its stocks and shares to the public. Individuals can invest in a company in the beginning stage through their IPO release.
The initial public offering cannot always be good for both

Gst Description:
GST meaning or Full for is Goods and Services Tax.
GST i.e. Goods and Services Tax is the indirect tax levied in India on goods and services.
GST makes the whole process of tax on goods and services easier and ensures that the tax on goods and services should be uniform in every state of India so that the cost of any goods is almost the same in the whole of India.


GST tax has been made such that it is charged at the consumption point and not at the originpoint
Many people are involved in the process of manufacturing and selling any item, such as a manufacturer, wholesaler, retailer and consumer.
Under the GST process, the tax has to be paid at every stage, such as when the manufacturer sells the goods to the wholesaler, the wholesaler will pay the tax. At the same time, when the wholesaler sells the goods to the retailer, the retailer will pay the tax and finally consumer.
But all the people except the consumer get tax returns.


Before GST in India, every state imposed different service tax on every good, which was called VAT.
This process had two disadvantages-
That is why India needed a tax system in which there should be a uniform tax system in the entire country.
GST has today made the entire indirect text process very easy and almost eliminated tax evasion.
There is a provision of 4 types of GST tax in India.
What goods and services will be levied in India, it is divided into four slabs.
Some goods are excluded from GST, and in future they are also said to be included in GST.
some key benefits of GST are as follows-
GST- Goods and services Tax
GST- General Set Theory
GST- Galactic Standard time

Similar Full Forms-
GDP Full Form

Gdp Description:
GDP full form or meaning is the Gross Domestic Product.
GDP means the entire production of any country. The entire production that takes place in the field of agriculture, industry and services is called GDP of that country.
Mix the products and services that are ready in a country in 1 year, and price it according to the market, then it is called the GDP of that country’s economy.


For example, let us assume that only one product is made in India and that is a pen. If 10 pens of 20 rupees were made in a year, then India’s GDP was Rs 200.
In other words, we can say that GDP means complete production of a country of 1 year
With the help of GDP, we can easily measure the economy and progress of the country.
GDP shows the economic status of a country, hence it is also called growth rate.
The GDP calculation began in the US in 1934 when American economist Simon Kuznets presented the National Income Report 1929 to 1934 in the American Parliament.
In this report, for the first time, he included the value of every product and services in the country.
In India too, the economy is measured on the basis of GDP since 1950.
A standard formula has been prepared for calculating GDP, which is considered by most countries of the world today and calculates the GDP of their country accordingly.
GDP = C + I + G + (X – M)
here c stands for- Consumption(all private consumer spending within nation economy)
I stand for- the sum of a countries investment
G stands for – total government expenditure
X stands for – total export of the country
M stands for – total imports of the country

or in other words, we can use this formula
GDP = total private consumption + total gross investment + total government investment + total government spending + (exports – imports). please note that, Nominal value changes due to shifts in quantity and price.
When the GDP calculation of any country is done, apart from agriculture, industry and service, the most

Dlf Description:
The full form of DLF is the Delhi Land and Finance which is a commercial real estate development company.
Delhi land and finance has been one of the biggest commercial real estate developers in India. The Headquarter of the Delhi land and finance limited is situated in New Delhi, India.
Delhi land and finance is recognized to develop residential colonies in the Delhi area like Rajouri Garden, Krishna Nagar, Shivaji Park, Haus Khas, Greater Kailash, South Extension etc.
These are the main projects that the Delhi Land and Finance limited deals –
The Delhi land and finance limited was established in 1946 by Chaudhary Raghvendra Singh.
The first-ever development by DLF was a residential colony in Krishna Nagar, East Delhi and it was completed in 1949.
This residential colony became a big success for DLF and it led DLF to complete many other projects in the area of Delhi like Kailash Colony, Greater Kailash, South Delhi etc.
Currently, the Delhi land and finance has nearly 25 million sq feet of leased office space which is spread across to Kolkata, Gurgaon, Chennai, Chandigarh, Hyderabad etc. The head of Delhi land and finance is Kushal Pal Singh who has been one of the richest billionaires in the world.
Delhi land and finance limited generates nearly Rs. 1950 crore of revenue every year.
The Delhi land and finance has won various awards such as –
The chairman of Delhi land and finance is Kushal pal Singh who is an Indian billionaire real estate developer.
DLF limited has reserved land in various regions of India that accounts for 10255 acres with 51 % in the National capital region.
The Delhi land and finance was started on 4th July 1946.
The Delhi land and finance was founded by Chaudhary Raghuvendra Singh on 4th July 1946.
DLF city has been spread to over 3000 acres in Gurgaon city. It is an integrated township that has residential commercial as well as retail properties in a modern city infrastructure along with hospitals, hotels schools and shopping mall.
According to some analysts, it is good to buy real estate-related stocks such as DLF.
According to analysts the main reasons for increasing reality stock price such as DLF could be citing demand revival as well as shifting consumer preferences after

Inr Description:
The full form or meaning of INR is the Indian Rupee which is the currency name of the official Indian currency.
It is the republic of India’s official currency.
The Indian rupees is approved as the currency and controlled by the Reserve bank of India which is the central bank of India.
In 1957 the Indian rupee was divided into 100 paise it means 1 rupee is equal to 100 paise.
1 Indian Rupee or INR= 100 paise
The reserve bank of India is responsible to manage the currency in India based on the Reserve bank of India (RBI) act of 1934. The reserve bank of India is also responsible to perform ht role in currency management.

Indian rupee or INR has been referred to as the “₹” symbol formed by Udaya Kumar instead of Rs. Symbol since the year 2010. One rupee which was the lowest value used in the country was demonized in 2019.
The Indian rupee coins are issued by the reserve bank of India in various metals for denominations such as 50 paise, 1 Rupee, 2 Rupee, 5 Rupee and 10 Rupee etc.
Many of these coined issued by RBI incorporate King Ashoka on them. the banknotes are also issued by the Reserve bank of India for amounts of one, two, five, ten, twenty, fifty, hundred, five hundred, two thousand and so on.
These denominations appear on the opposite end of Mahatma Gandhi’s portrait except in the one rupee note. Instead of Mahatma Gandhi’s photo, the note of one Indian Rupee has a picture of one rupee coin.
There are various types of Indian rupee or INR in coins and rupees such as –
Indian rupee security features implementation is critical in order to maintain legitimate transactions in the economy of India.
It is because there is always a chance of duplication of the Indian rupee notes.
These duplicate Indian rupee notes become a massive cause of the weakening and decline of the Indian economy.
However there are some key points included to prevent this duplication and avoid any security issues, these are –
There should be an attached safety threat
There is the use of fluorescence and optically variable ink for the Indian rupee notes.
There is a watermark used for Indian rupee notes.
Identification tags use
these are some interesting facts

Fatca Description:
Foreign Account Tax Compliance Act

Bse Description:
BSE full form or meaning is the Bombay Stock Exchange.

B2C Description:
B2C meaning or full form is Business to consumer.