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    Lucrative

    Introduction

    Being lucrative means an item or an idea that is able to produce a lot of income. It can describe an individual's or an organisation's efforts to produce a profit on a short or long term basis.

    Understanding Lucrative

    Lucrativeness consists of net earnings and not gross revenue. The path to achieving lucrativeness can be complex.

    Consider a company that has raised capital through funding. The company tries to pursue strategies that can increase earnings and make a profit beyond the investments received. If the company sells its products to a sum less than the overall investment, it will go in losses and cannot be called lucrative.

    Index

    Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

    Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

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    Cleartax is a product by Defmacro Software Pvt. Ltd.

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