Categories Posted inin Wealth Corner TDS on Rent – Section 194IB of Income Tax ActSection 194IB of the Income Tax Act deals with the deduction of taxes on the payment of rent by tenants - either individuals or HUFs Posted byby Shweta Desai June 18, 2024 3 min
Categories Posted inin Wealth Corner Provision Coverage Ratio – Meaning, Importance & CalculationThe Provision Coverage Ratio (PCR) is an important metric employed by banks and other financial institutions to assess their preparedness for defaults on their interest payments Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner How to cash in on leave encashment and save big on taxes!Are you missing out on cash benefits by not knowing about unused leave? Discover how you can convert leftover days into money. Posted byby Shweta Desai June 17, 2024 5 min
Categories Posted inin Wealth Corner How section 112A of Income Tax Act can boost your long term capital gains?Confused about long-term capital gains tax on your stock portfolio? Learn how the Income Tax Act can influence your investment strategy and save you money. Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner Sankalp Scheme – Features, Eligibility, & InitiativesThe Sankalp initiative aims to bridge the gaps between skilling initiatives and the jo market and is a brainchild of the Ministry of Skill Development Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner What is a fixed deposit sweep-in facility?A fixed deposit sweep-in facility is a feature offered by some banks that combines the benefits of a fixed deposit (FD) with the easy access of a savings account. Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner 10 different types of bank accounts to open in IndiaFrom businessmen to salaried professionals, there’s a bank account suited to take care of every participant in the modern Indian economy Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner Section 194K: TDS on dividend income from mutual fundsThis section of the Income Tax Act, 1961, provinces for a deduction of 10% YDS from dividend income from mutual funds for Indian investors Posted byby Shweta Desai June 17, 2024 3 min
Categories Posted inin Wealth Corner What is 916 gold? Your ultimate guide to understanding its valueCurious about the most popular type of gold used in jewellery? Discover its unique purity and what sets it apart from other gold types. Posted byby Shweta Desai June 14, 2024 3 min
Categories Posted inin Wealth Corner Profitability ratios: Calculating your way to financial healthProfitability ratios assess a business's ability to turn a profit from its assets on the balance sheet, sales and operations, and shareholders' equity. Find out more! Posted byby Shweta Desai June 14, 2024 3 min
