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ArthikDisha- A personal finance blogger. Be confident and make a financial change. Self-learning leads to an informed financial decision.
2020-11-21 04:27:55Bank Frauds in India/Financial Frauds in India
Bank Frauds in India- It is quite imperative for all of us to know that the total economic activity of the world got tremendously disrupted due to the COVID 2019 pandemic and India is not an exception to this impact.
Though right now the Indian...
2020-11-12 06:44:20Section 80TTA Deduction-TDS On Interest
The provisions of Section 80TTA of the Income Tax Act may be read as under:-
Deduction i.r.o interest on deposits in the savings accounts as per the provisions of Section 80TTA.
Where the gross total income of an assessee (other than the assessee referred...
2020-11-07 16:39:14What is Minimum Alternate Tax or MAT Tax Under Section 115JB?
Minimum Alternate Tax or MAT:-
The name itself suggests that if the tax payable by a Company to the Govt. as per the provisions of I.T Act, falls below a certain level, the Company has to pay taxes on the Minimum Alternate Tax (MAT)...
2020-11-07 16:04:04What Is TCS Tax or Tax Collected at Source?
Full form of TCS Tax is Tax Collected at Source. By this time you might have already known this. The Govt. of India vide Finance Act 2020, has introduced two new provisions of Tax Collected at Source effective from 01.10.2020.
Tax Collected at Source...
2020-09-02 19:49:35Mergers And Acquisitions – What You Need To Know
Mergers and Acquisitions M&A can be defined as the amalgamation of or getting united by two entities as one single entity. In simple words, mergers and acquisitions take place when two or more businesses combine...
2020-09-02 19:44:37International Monetary Fund-Objectives & Functions
International Monetary Fund -How Does It Work?
Many occasions we read in Newspapers or in different journals regarding the International Monetary Fund. IMF has done this, IMF has done that and many more. But many of us don’t know...
2020-04-07 19:05:06How to Calculate Tax on Mutual Funds-Easy Solution
Finance Act 2018 had introduced Long Term Capital Gain Tax on sale of Equity shares or units of Equity oriented Mutual Funds u/s 112A w.e.f 01.04.2018.
This proposal has deleted the exemptions available u/s 10(38) of the Income Tax Act 1961 on...
Don’t Buy Home Loan Insurance Plans or Home Loan Protection Plans
Home Loan Insurance Plans- A few months back when one of my friends came to know that he was paying a higher interest rate on his home loans as...
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7 Top Best Types of Mutual Funds in India
During the last 5 years, there has been tremendously good participation by the common investors in mutual funds investments...
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