What is Online Trading? Online trading is a new form of trading that has become possible due to the developments intelecommunication. Earlier, investors had to... Read More
Economics
Facts About Term Life Insurance
2 min read
Term life insurance plan provides life cover to an individual. In simple terms, a lump sum amount (Sum Assured) is paid to the family members... Read More
Ad Valorem : Value added. An example of an ad valorem tax would be VAT. Advances: Loans given by financial institutions Appreciation: An increase in... Read More
India Economic Survey,2011-2012 Highlights
4 min read
The Economy Survey 2011-12 was tabled by the Finance Minister Pranab Mukherjee in the Parliament on March 15, 2012. Following are the highlights of Survey,... Read More
What is a currency chest ?
1 min read
What is a currency chest? To facilitate the distribution of banknotes and rupee coins, the Reserve Bank has authorised select branches of scheduled banks to... Read More
Inequality in earnings has doubled in India
1 min read
According to a report by Organization for Economic Cooperation and Development, inequality in earnings has doubled in India over the last two decades, making it... Read More
The Indian economy
2 min read
The Indian economy is the fourth largest economy of the world on the basis of Purchasing Power Parity (PPP). It is one of the most... Read More
Value Added Tax & Sales Tax
3 min read
Value Added Tax VAT is the indirect tax on the consumption of the goods, paid by its original producers upon the change in goods or... Read More
The Service tax
4 min read
Service Tax Service tax is a tax levied on services rendered by a person and the responsibility of payment of the tax is cast on... Read More
The Wealth Tax
2 min read
Wealth Tax The Wealth Tax Act is an important direct tax legislation, which came into existence on 1 st April 1957. Wealth tax is levied... Read More