Certificate of deposits Certificate of deposits: Certificates of Deposit (CDs) are typically recognized as assets that can be easily converted into cash. However, their liquidity might be subject to specific limitations. CDs are financial instruments issue by banks or other financial institutions that offer a fixed interest rate over a specific period of… Read More »
Can Liquid Net Worth be Higher Than Net Worth Can liquid net worth be higher than net worth yes, This represents the overall financial value of an individual or entity and is calculated by subtracting total liabilities from total assets. It is a measure of wealth and provides an indication of the individual’s or entity’s financial… Read More »
Will and inheritance tax planning Will and inheritance tax planning Website link… Read More »
Recurring Deposits tax deduction Yes, recurring deposits come under Section 80C of the Income Tax Act and are eligible for tax deductions up to a maximum limit of Rs. 1.5 lakh per financial year. However, it is important to note that the tax deduction under this section is not limited to recurring deposits alone, but… Read More »