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About Us


Monetary Section is a website created for the purpose of educating people in the field of finance. We are relatively new to the market but have potential to grow up with comparatively fast rate along with our users' knowledge base. With the journey which started back in 2014, we are emerging as one of the most popular websites of today. All this time, our focus remained on same thing i.e. to provide accurate information using simple explanation.

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We started with basic terminologies of accounting and finance for which we received unexpected admiration from users. On demand of users, we started covering the topics of payroll and insurance. Today, we have expanded our list to accounting, finance, insurance, banking and investment and soon planning to write on taxation too.

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About Author


Vikas Yadav is the chief author at Monetary Section. He is an MBA (finance) from NCU Gurgaon. He started his career in 2014 and at the same time he started this website. He is young enthusiast who loves to educate people about finance. To reach out to the people from all territories, he chose internet as a medium.

Recently Published Articles


Income tax slab for Financial Year 2018 – 19
The below given income tax slab is applicable for financial year 2018 – 19 and assessment year 2019 – 20.[...]
Accrued Expense – Definition & Example
Accrued expense is an expense that has been incurred but has not yet been paid. Put it in simple words,[...]
Deferred Expense – Definition & Example
Deferred expense (also known as prepaid expense) is the cost which has been incurred but the product or service has[...]
Deferred Revenue – Definition & Example
Deferred revenue (also known as unearned revenue) is the income which has been received but the product or service has[...]
Gross profit – Meaning & Formula
Gross profit also known as gross income is the excess of net sales over cost of goods sold. Put it[...]
Net profit – Meaning & Formula
Net profit is the excess of a company’s net revenue (net sales) over its total expenses. For this purpose, total[...]

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