A Fixed Deposit (FD) Calculator calculates the FD maturity value and interest income based on principal amount, FD interest rates and tenure. Online FD calculators of some banks additionally allow users to calculate their FD interest income based on the interest payout options (monthly, quarterly, half-yearly, yearly and reinvestment). How can a Fixed Deposit calculator […]
Section 194C states that any person responsible for paying any sum to the resident contractor or sub-contractors for carrying out any work (including the supply of labor), in pursuance of a contract between the contractor and the following: The Central Government or any State Government Any local authority Any Statutory Corporation Any corporation established by
TR filing is mandatory for individuals who have an annual income exceeding the basic exemption limit. There are various types of Income Tax return forms that taxpayers have to fill to complete e filing Income Tax Return process. These ITR forms are classified on the basis of the nature of income. However, the ITR form
Share or stock buyback is the practice where companies decide to purchase their own share from their existing shareholders either through a tender offer or through an open market. In such a situation, the price of concerning shares is higher than the prevailing market price. When companies decide to opt for the open market mechanism
The Rajasthan Aapki Beti Yojana is a government-run initiative aimed at providing financial aid to families for the education and marriage of their daughters. The program targets girls from economically disadvantaged backgrounds and aims to empower them through financial support for their education and marriage. To qualify for the scheme, families must be permanent residents
Information in cognizable cases (1) Every information relating to the commission of a cognizable offence, if given orally to an officer in charge of a police station, shall be reduced to writing by him or under his direction, and be read over to the informant ; and every such information, whether given in writing or
Inspection of weights and measures (1) Any officer in charge of a police station may, without a warrant, enter any place within the limits of such station for the purpose of inspecting or searching for any weights or measures or instruments for weighing, used or kept therein, whenever he has reason to believe that there
A private limited company is a privately held business entity held by private stakeholders. The liability arrangement, in this case, is that of a limited partnership, wherein the liability of a shareholder extends only up to the number of shares held by them. Private limited company definition as per Section 2 (68) of the Companies
The film industry, known for its glitz and glamour, has become an unexpected stage for a much darker performance: money laundering. Criminals often exploit the complexity, vast sums of money, and international reach of the film business to clean illicit funds Why the Film Industry is Vulnerable High Budget and Loose Oversight: Major film productions
An evergreen loan is a loan that does not require the repayment of principal during the life of the loan, or during a specified period of time. In an evergreen loan, the borrower is required to make only interest payments during the life of the loan. Evergreen loans are usually in the form of a line of credit that
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