e-Filing
Meaning & Definition e-Filing is the process of submitting tax returns and related documents online through the official…
Exemption
Meaning & Definition Exemption refers to an income or amount that is not subject to tax. Certain incomes,…
Financial Year
Meaning & Definition A financial year is a 12-month period used for accounting and tax purposes. In India,…
Compounding
Meaning & Definition Compounding is the process where investment earnings generate additional earnings over time. It allows small…
Corporate Bond
Meaning & Definition A corporate bond is a debt instrument issued by a company to raise funds from…
Coupon Rate
Meaning & Definition Coupon rate is the annual interest rate paid by a bond issuer to bondholders. It…
Credit Rating
Meaning & Definition Credit rating measures the creditworthiness of an individual or organization. It indicates the likelihood of…
Credit Score
Meaning & Definition Credit score is a numeric representation of an individual’s creditworthiness. It is calculated based on…
EBITDA
Meaning & Definition EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It measures a company’s operational…
ELSS (Equity Linked Savings Scheme)
Meaning & Definition ELSS is a tax-saving mutual fund that primarily invests in equities. It offers tax benefits…