A trade Involves a Transaction to buy and sell a Share or Commodity. A share is nothing but a part of a company or an organization. Each and every share is a part of a company or an organization. A commodity is nothing but a commodity (Eg: Rice, chilly, wheat,etc…). Each and every share represents an ownership of an company. As the number of shares increases by an individual or an organization there ownership claim increases in the company. The registrar of a company issue the shares of a company. The Shares of a company is basically listed in stock exchange. There are many stock exchanges in the world. Example : NSE ( National Stock Exchange), BSE( Bombay Stock Exchange). These are the two major stock exchanges in INDIA. Nifty is the index of National Stock Exchange. Sensex is the index of Bombay Stock Exchange. Nifty is an index of top 50 companies listed in the index. Sensex is an index of top 30 companies listed in the exchange. Equity, Share, Or Stock Represents the same.
Income Tax Deduction for Medical Insurance: Understanding Section 80D The changes in our lifestyles have made us vulnerable to different types of diseases. The cost of health care and medication is on the rise and could burn a hole in your pocket. Medical insurance will help you prepare for a medical emergency and will provide a cover for the expenses…Read More
Income Tax Slabs are differentiated based on the Tax Status, Gender and Age of Individual Tax Payer Income Tax Slab Rates for an Individual Upto the Age of 59 Years for both Male and Female or an HUF (Hindu Undivided Family) in Financial Year (2019-2020) Assessment Year (2020-2021). Taxable Income Range Tax Rate in % 0- 2,50,000 NIL 2,50,001 –…Read More
Treasury Bills are Financial Instruments Issued by the Government of India to Meet the Capital Requirements of Running the Government. Treasury Bills are Issued with the Following Tenure 91 Days Treasury Bill 182 Days Treasury Bill 364 Days Treasury Bill