Harshvardhan Mishra
- Finance , Taxation
- January 9, 2025
- 84 views
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 (TDS) on commission or brokerage payments. Introduced to ensure tax…
- Banking , Finance
- January 9, 2025
- 79 views
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 and maintain financial stability in the banking system. In India,…
- Finance , Taxation
- January 9, 2025
- 63 views
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 due to favorable external circumstances rather than their own business…
- Finance , Taxation
- January 9, 2025
- 54 views
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 conditions associated with their job. This allowance is over and…
- Finance
- January 9, 2025
- 62 views
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 Budget document contains various technical terms such as fiscal deficit,…
- Banking , Finance
- January 8, 2025
- 84 views
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 initiative in India is the Central Know Your Customer (CKYC)…
- Banking , Finance
- January 8, 2025
- 82 views
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 and play a crucial role in global trade and financial…
- Finance , Share Market
- January 8, 2025
- 73 views
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 a significant role. Their investment decisions can impact market trends,…
- Finance , Mutual Fund
- January 8, 2025
- 54 views
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 financial goals. Two popular investment approaches are Systematic Investment Plans…
- Finance , Taxation
- January 8, 2025
- 77 views
Taxation 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 Finance Act 2020 introduced significant changes in how dividends are…
