The tea, coffee, and rubber industries can claim a deduction for deposits made in a designated account under Section 33AB of the Income Tax Act. This section supports these industries by encouraging the use of funds for development and replanting activities, which are critical to their sustainability and expansion. By reserving money for future capital […]
Special allowance is a component of many salary structures, yet it often raises questions about its purpose, calculation, and taxability. Whether you’re an employee trying to understand your salary breakdown or an employer setting up payroll, understanding special allowances is crucial. In this detailed guide, we will explore what special allowance is, how it is […]
Investing in government bonds is a secure way to grow wealth while contributing to the nation’s development. With India’s diverse range of government bonds, investors can enjoy fixed returns and lower risks, making it an attractive option for risk-averse individuals. In this article, we’ll explore the types of government bonds in India, their benefits, and […]
In 2024, investors face the challenge of balancing risk and reward amid fluctuating interest rates and market volatility. Knowing where to invest can significantly impact your financial growth and stability as you navigate these complexities. Learning about the available investment options is important whether you’re looking for the best way to invest, build a secure […]
Understanding Fixed-Income Investments: A Stepping Stone The world of finance offers a vast array of investment options. As you embark on your investment journey, fixed-income instruments like treasury bills and bonds can provide a safe and steady foundation for your portfolio. But with so many terms flying around, it’s easy to get confused. This comprehensive […]
Planning and managing your money well is becoming more important for long-term success and security. As financial products, services and ‘finance websites India’ get more complicated and the cost of living rises, it’s crucial to handle your finances effectively to stay stable and reach your important life goals. Knowing how to budget, save, invest in […]
Are you a Non-Resident Indian (NRI) looking to invest your overseas earnings safely and securely while earning attractive returns? If so, an FCNR account could be the perfect solution. This article dives deep into the world of FCNR accounts, explaining the full form, benefits, deposit rates, and the process of investing in India. What Does […]
MobiKwik IPO Allotment Status: How to Check Details Online via Registrar, NSE & BSE The MobiKwik IPO allotment status is expected to be declared tonight, with the shares scheduled to list on the BSE and NSE on December 18. The public issue of One MobiKwik Systems Ltd witnessed an overwhelming response on the final day […]
Have you ever wondered how lease accounting impacts your rent payments and overall financial health? Lease accounting is more than just a technical requirement—it’s a critical component that can influence your financial strategy and transparency. Learning its significance allows you to accurately reflect each rent payment in your financial statements, paving the way for improved […]
Tap Invest offers a diverse platform for fixed-income investments, including bonds. To ensure a smooth and hassle-free experience, we leverage e-Mandates, a convenient digital authorization system. This article delves into e-mandates, explaining their meaning, their role in recurring payments like fixed-income investments, and how to handle potential rejections. What is an e-mandate? An e-mandate, short […]
