Ensuring financial security beyond regular income is crucial, especially for retirement. Passive income through investments like the Public Provident Fund (PPF) in India offers assured returns with minimal risk. PPF matures in 15 years and can be extended indefinitely in 5-year blocks, making it an ideal long-term investment choice. Importance of a Public Provident Fund … Read more
Equity IPO and Debt IPO (NCD IPO) Companies require finances to manage their operations, settle existing debts, and support their expansion activities. Initial Public Offerings (IPOs) are a popular method for unlisted companies—those whose stocks are not listed on stock exchanges—to raise capital for their business needs. When comparing Equity IPO and Debt IPO, understanding … Read more
An Income Tax Return (ITR) is a form used to disclose your earnings and associated tax responsibilities to the Income Tax Department of India. Under Indian tax regulations, both individuals and businesses with an income are required to submit an ITR. This procedure aids in declaring taxable income, calculating tax dues, and claiming any permissible … Read more
Are you aiming to raise your credit card limit? There are numerous reasons you might seek a higher spending cap. Perhaps you have a significant expense approaching later this month, or you want to improve your credit score. This guide will teach you how to raise your credit card limit, highlight the advantages of having … Read more
An Income Tax Return (ITR) is a form that individuals and entities complete to report their income, calculate the tax owed, and detail any applicable exemptions and deductions for a particular financial year. The primary reason for filing an ITR is to claim tax deductions, although there are several other motivations for doing so. In … Read more
Revenue receipts that neither create liabilities nor result in claims against the government are non-redeemable and can be classified into two categories: Tax Revenue and Non Tax Revenue. Although taxes constitute a substantial part of government revenue, the government also generates income from other sources known as non-tax revenues. These receipts are not derived from … Read more
