Beti Bachao Beti Padhao
Meaning This translates to “Save the Girl Child, Educate the Girl Child.” It is a flagship initiative of…
Ayushman Bharat Scheme
Meaning Definition Ayushman Bharat (full form: Ayushman Bharat Pradhan Mantri Jan Arogya Yojana – AB-PMJAY) is a flagship…
Mid Cap
Meaning Mid Cap refers to companies positioned between large and small corporations in terms of market value.Definition and…
Income Tax Slabs
Meaning Income Tax Slabs are income ranges taxed at different rates, a core part of personal taxation.Definition They…
Zero Depreciation Cover
Meaning This car insurance add-on offers better protection for your vehicle.Definition Zero Depreciation Cover, also called “Nil Depreciation”…
Yield to Maturity (YTM)
Key for bond investors.Meaning YTM assesses a bond’s total return.Definition This is the total return expected on a…
Withholding Tax
Meaning Withholding Tax is an advance payment of income tax, collected at the source of income. Definition It…
Whole Life Insurance
Meaning & Core Features Understand the fundamentals of this permanent life insurance policy.Definition Whole Life Insurance provides lifelong…
Refund
Meaning A refund is the return of money to a customer who is dissatisfied with a product or…
Wealth Tax
Definition A Wealth Tax is a levy on an individual’s total net worth, including assets like real estate,…