What is Minority Interest
Understanding Minority Interest Minority interest is a portion of the subsidiaries that is not owned by the parent…
Education Cess: Meaning, Calculation & Usage
Introduction to Educational Cess It refers to an additional tax imposed by the government on taxpayers in order…
Standard Deduction: Meaning, Definition, and Benefits for Taxpayers
What is Standard Deduction? Along with all the taxes imposed under the Income Tax Act, the provision also…
UP Ration Card: How to Apply, Check Status, and Download
UP ration card is an official document issued by the Government of Uttar Pradesh to households that are…
Exempt Income: Definition, Meaning, and Tax Exemptions
What is Exempt Income Exempt income refers to the income that is not subject to any tax by…
Financial Literacy: Meaning & Benefits
What is Financial Literacy? Financial literacy refers to the ability of understanding and applying various financial concepts and…
New Fund Offer (NFO) in India: Your 101 Guide
Mutual funds are a popular choice for individuals who want to grow their wealth. But have you heard…
What is Book Building?: Definition, Process and Advantages
Understanding Book Building Book building is a process used by a company that appoints an underwriter (that is…
Capital Gearing: Definition, Meaning, and Types of Capital Gearing
Understanding Capital Gearing Capital gearing refers to the ratio of a company’s debt to its equity. Also known…
Meaning and Importance of Legal Tender
What is Legal Tender? Legal tender refers to the type of currency that the government has officially declared…