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In this article, the author explains the meaning of liquid mutual funds, their suitability and their advantages.
In case of mutual funds, the mutual fund professional will take decisions on your money that is invested in the mutual fund. A mutual fund company takes money from people who are interested and re-invests.
GMP stands for grey market premium. It is a term used to estimate the price at which the IPO share would be listed in the market. This grey market operates before the listing and it starts from the IPO start date.
We all know that the season of IPO is going on with many companies coming up with IPO's and many more to come. This has created a lot of buzz and left many people confused as to such which IPO to apply for and which to leave. In this article, I have tried to come up with pointers to look out for when you want to analyse an IPO.
In a layman's language an initial public offer or an IPO is the first time when a company issues shares to Public. Before an IPO a company generally has few shareholders but when it decides to get listed on a stock exchange and to go public it takes the route of IPO.
While computing income under the head income from capital gains, the most important thing to understand is the definition of a capital asset. However, let us discuss certain assets which are not considered capital assets.
The income chargeable under “Capital gains” shall be computed by deducting the amounts discussed in this article from the full value of the consideration received or accruing as a result of the transfer of the capital asset.
To provide relief to persons who are engaged in the business of plying, hiring or leasing goods carriages Section 44 AE of the Income Tax Act was introduced.
Discussing Calculation Of Capital Gain In Special Cases like Amount received from Insurer, Deemed Transfer, and Transfer of Capital Assets by a person to firm, AOP or body of individuals, etc.
Under Section 44AD, small taxpayers with less than 2 crores of turnover are not required to maintain books of accounts and their profits are presumed to be 8% of their turnover.
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