Section 194H of the Income Tax Act
Introduction Section 194H of the Income Tax Act, 1961, is an important provision concerning the deduction of tax at source
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What is Statutory Liquid Ratio (SLR)?
Introduction The Statutory Liquid Ratio (SLR) is a critical monetary policy tool used by central banks to regulate credit flow
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Windfall Tax in India: Everything You Need To Know
Introduction A windfall tax is a special tax imposed by governments on companies that experience unexpected and extraordinary profits, often
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What is Special Allowance: Taxation, Calculation, and Exemption Limit
Special Allowance is a component of an employee’s salary that is provided to meet specific requirements or compensate for unique
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Budget Glossary: Key Terms and Definitions You Must Know
The Union Budget is a yearly event that holds great significance as it influences the daily lives of citizens. The
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What is CKYC? – Meaning, Benefits, and How-to Guide
The world of financial services has evolved significantly, and with it, the processes for identifying and verifying customers. One such
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Nostro and Vostro Accounts: Understanding Their Role in International Banking
In the complex world of international banking, the terms “Nostro” and “Vostro” accounts frequently surface. These accounts facilitate cross-border transactions
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What are FII and DII? Types and Key Differences
The stock market is influenced by various participants, among which Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) play
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SIP vs Lumpsum: Which Investment Strategy is Right for You?
Investing is an essential aspect of wealth creation, and choosing the right strategy can make a significant difference in achieving
Read MoreTaxation on Dividends in India: Everything You Need to Know
Dividends serve as a common source of income for investors, but they are also subject to taxation in India. The
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