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What are Clean and Dirty Price in Bonds?
Have you ever wondered why bond prices can seem confusing? It can be tricky to understand why they look different at times. To make smart bond investments, you need to know the difference between two terms: clean price and dirty price. The “dirty price” is the total amount you pay for a bond, which includes […]
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 […]
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.
Guide on Section 194 of Income Tax Act: TDS on Payment of Dividend
Under Section 194 of Income Tax Act, TDS is applicable when payment is made to the payee or credited to their account.
Closing Cosmos Bank Fixed Deposit Online
Learn to initiate the Cosmos Bank online closure process of Fixed Deposit and how the FD amount gets credited to your linked account.