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.
Understanding Redeemable Debentures: Features, Advantages, Disadvantages and Methods of Redemption
Redeemable debentures are legal debt certificates with details of investment sum, interest payments, and a specific repayment date. They attract investors due to repayment assurance.
Exploring Key Differences Between OFS and IPO
Explore the key differences between Offer for Sale (OFS) and Initial Public Offering (IPO) to understand their impacts on your investment strategy.
The Complete Guide to Revenue Expenditure and How It Impacts Your Business
Understanding different types of expenditures is critical to managing a business or organisation’s finances. One essential category is revenue expenditure. In this article, we will explore revenue expenditure, how it differs from capital expenditure and related concepts like deferred revenue expenditure. Revenue Expenditure Meaning: Revenue expenditure refers to the costs incurred during the business’s normal […]
NEFT Payment Time: Everything You Need to Know
The National Electronic Funds Transfer (NEFT) system is a widely used electronic fund transfer method in India. Managed by the Reserve Bank of India (RBI), NEFT provides a safe and reliable way to transfer funds between bank accounts. Since its launch, NEFT has become the backbone of India’s interbank payment system, offering convenience to both […]
All About the RBI Financial Year and Its Importance for Investors
Introduction: Welcome, aspiring investor! As you embark on your financial journey, familiarising yourself with vital financial terms becomes crucial. One such term is the RBI financial year, also known as the accounting year. This comprehensive guide by Tap Invest, your one-stop platform for exploring fixed-income investments like asset leasing, invoice discounting, and bonds, will delve […]
Understanding Money Market Instruments: Types, Features, and Benefits
Money markets are vital components of the financial system, providing short-term liquidity and supporting the overall economy. This guide will explore the money market’s components, functions, features, and instruments and outline the differences between money and capital markets. Money Market Meaning: The money market refers to a financial market segment where financial instruments with high […]