Equity Linked Savings Scheme (ELSS) ELSS is a type of mutual fund scheme which invests primarily in equities, providing potential for higher returns over the long term. Equity Linked Savings Scheme offers tax benefits under Section 80C of the Income Tax Act, 1961 in India. Features of ELSS: Tax Benefits: ELSS investments qualify for tax… Read More »
Tax Planning in India Tax planning in India encompasses the deliberate management of financial matters and transactions, aiming to reduce tax obligations while operating within the legal framework. It involves utilizing various provisions and exemptions provided under the Indian tax laws to optimize tax savings. Here are a few prevalent tax planning strategies in… Read More »
ASBA and ESOP ASBA stands for “Application Supported by Blocked Amount”. It is a payment mechanism used in India for making initial public offerings (IPOs) and follow-on public offers (FPOs) of securities. Under ASBA, the applicant’s bank account block to the extent of the application amount. The funds transfer to the issuer only if the… Read More »
Capital Stock and Share Capital Capital Stock and Share Capital,The terms “capitals stocks” and “share capitals” are often used interchangeably and both refer to the amount of capital that a company has raise through the issuance of shares. However, there can be some subtle differences in how the terms are use in certain contexts.… Read More »
Difference between capital and equity Difference between capital and equity What is Capital? Capital refers to the resources or assets that a business or individual uses to generate income or grow wealth. It can take various forms, such as: Cash: Money that is available for immediate use. Assets: Machinery, real estate, or other… Read More »
Financial Assets Financial assets refer to any asset that is primarily based on financial value and is expected to provide future economic benefits to the holder. Examples of these asset include stocks, bonds, bank deposits, mutual funds, exchange-traded funds, derivatives, and insurance policies. These assets can be trade on financials markets, and their value can… Read More »
