Bombay Stock Exchange (BSE)
What is Bombay Stock Exchange (BSE)? The Bombay Stock Exchange (BSE) is India's and Asia's oldest stock exchange. It is a member of the "$1 trillion clubs," with a market capitalization of $2.2 trillion, making it the 11th largest. The BSE stock exchange was...
Stock Broker: History & Types of Stock Brokers
Who is a Stock Broker? A Stock Broker, often known as a broker, is a securities market representative. Their key job responsibilities include obtaining and executing buy and sell orders. To invest in stocks and other investment alternatives, market participants or...
Credit Card against Fixed Deposit (FD)
Credit cards are widely used around the world because they provide instant credit. They are regarded as a blessing because they make spending simpler and more convenient. Furthermore, you are not required to carry cash at all times. Banks, on the other hand, do not...
GST on Freight Charges- Who can pay and exemptions
When a Goods Transport Agency (GTA) is required to pay tax on a specific freight service at a specific rate, this is referred to as GST on freight. When it comes to the GST rate on freight charges, there are two alternatives. This tax may be paid by GTA at a rate of...
Difference Between GST and VAT
GST, or Goods and Services Tax, has cast a shadow over India's indirect taxation system, which includes VAT, excise duty, and service tax. The fundamental reason for this is because taxes no longer have a cascading effect on the economy. VAT (Value Added Tax) is a...
Section 143(1) of the Income Tax Act
Intimation letter under section 143(1) of the Income Tax Act Once an assessee files a return for a given assessment year, it is sent to the department for processing. The assessee receives an intimation from the income tax department under Section 143(1) once the...
Development of Banking System in India
Commercial banks (both public and private), Regional Rural Banks, Cooperative Banks, etc. our banking system. The nationalization of banks is one of the significant events in the development of the Indian banking system. The event paved the way for India's economy to...
Swavalamban Pension Yojana
The Government of India has developed many pension schemes from time to time in order to make senior individuals in the unorganized sector financially secure and independent. One such project was the Swavalamban Scheme also known as the NPS Swavalamban Scheme....
Difference between NRE and NRO Account
NRIs or Non-Resident Indians have two types of bank accounts: Non-Resident External (NRE) and Non-Resident Ordinary Rupee. One cannot park their money in a typical resident savings account in India once they have gained NRI status, according to Indian legislation,...
Difference between Primary market and Secondary market
The capital market is a financial structure in which businesses can raise funds by issuing stocks, bonds, and debentures, among other things. The primary market is the first place where securities are produced. The secondary market, on the other hand, deals in...
