What is Long Term Capital Gain Tax?
Long Term Capital Gain Tax A long term capital gain tax arises on a transfer or sale of a capital asset. There are other factors that contribute towards the taxability of such a transfer like type of asset, holding period,...
Sensex- Meaning, Calculation and types of indices
what is sensex Introduction We constantly come across in the news that Sensex has soared. Or the market has fallen, causing fear in the mind of investors. Sensex shot up by 500 points. But what exactly do market and Sensex...
Tax Free Bonds- Meaning, Features, Invest and Redeem
tax free bonds Introduction Tax free bonds are usually issued by companies owned by the Government of India. The interest earned on them is completely tax free in the hands of the investor. They are suitable for long term investments....
Great Investment Quotes: Inspirational Quotes for successful investing
Don’t put all your eggs in a basket. The investment quote signifies diversification. In simple terms, it means one has to spread their risk. There is risk involved in every investment. The risk only amplifies if all the money is...
PNB FD – Interest Rates, Features, Types of FDs and FAQs
Introduction Punjab National Bank PNB provides a range of fixed deposit schemes to meet different customer requirements. The interest rates for the FDs vary with different tenures and schemes. The minimum tenure for Punjab National Bank FD is seven days....
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Income Tax Slabs for FY 20-21 and AY 21-22 applicable to all taxpayers
The income tax slabs are applicable as per the net taxable income. Income tax is a tax levied on the net taxable income of a person. A person, here, includes an individual, Hindu Undivided Family (HUF), Association of person (AOP),...
KYC – Meaning, Process and FAQs
Introduction The increase in suspicious activities in the financial market has had a negative effect on the financial sector. The increase in financial crime deeply impacts the financial market. Therefore, there was a need to introduce strict procedures to know...
SBI FD- Interest Rate, Features, Types of FDs and FAQs
Introduction SBI provides a diverse range of fixed deposits with varying interest rates for different tenures. Minimum tenure for SBI Bank fixed deposits is seven days. The maximum tenure is ten years. The minimum deposit is INR 1,000. There is...