Gold BeES, tradable on BSE and NSE, are units backed by physical gold bullions of 99.5% purity, each equivalent to 0.01 gram of gold.
Understanding the Meaning, Features, and Use Cases of Cash Management Bills
Cash Management Bills are short-term instruments issued to meet the government’s temporary cash flow needs. They were first issued on May 12, 2010.
Understanding the Drawbacks of Auto Sweep Facility
Penalties for premature FD withdrawals and their impact on interest in Auto Sweep accounts are crucial disadvantages.
Difference Between Zero Coupon and Deep Discount Bonds: Definition, Risks and Advantages
Deep Discount Bonds are sold at a significant discount, sometimes including periodic interest payments, sensitive to interest rate fluctuations.
Calculating Fixed Deposit Interest Online Using FD Calculator
Learn how to calculate the 50 lakh fd interest per month using an online FD Calculator for accurate maturity amounts.
Explaining Debenture Redemption Reserve: Meaning, Application, and Necessity
Debenture Redemption Reserve (DRR) is a mandatory 10% reserve of debentures, established by companies to protect investors and ensure repayment.
Understanding Section 16 of the Income Tax Act: Standard Deduction and Rules
Paying pricey, heavy taxes surely feels burdensome and tiring. Would you like to learn how to lighten your tax load? The Income Tax Act 1961 intricately shapes India’s income tax landscape, particularly for salaried individuals. Section 16 serves as a lifeline, offering specific deductions that directly chip away at taxable income. These deductions not only […]
Earnings Per Share (EPS): Formula, Meaning, and Investment Insights
EPS Full Form: Earnings Per Share: What Is EPS? EPS, or Earnings Per Share, is a crucial financial indicator that measures a company’s profitability by showing the profit assigned to each outstanding share of common stock. It reflects each shareholder’s earnings if the company distributed all its profits at the end of a financial period. […]
Best Trading Hours: Stock Market Timings in India Explained
The Indian stock market offers vast opportunities for traders and investors to buy and sell securities. Understanding the exact timings of the stock market is crucial for anyone involved in trading or investing. This article provides an in-depth look at the stock market timings in India, including various sessions, their significance, and tips on how […]
Penalty for Misreporting and Under-reporting under Section 270A of Income Tax Act
Section 270A penalties range from 50% to 200% for under-reporting and misreporting of income, drastically increasing the non-compliance cost.