Profits arising from the transfer of capital assets like equity shares, immovable property, etc., are known as capital gains. There are two types of capital […]
Month: May 2022
Alternative Minimum Tax in India
The government charges alternative minimum tax (AMT) in India at 18.5% + 15% surcharge + 4% health and education cess. The alternative minimum tax is […]
Short-Term Capital Gains Tax on Shares
Capital gains are profits arising out of the transfer of capital assets like securities, units of mutual funds, immovable property, precious stones, goodwill, etc. Gains […]
44AD of the Income Tax Act – Definitions, Importance, uses
Section 44AD of the income tax act is about a presumptive taxation scheme. As per the income tax act, a person carrying out a business […]
Long-Term Capital Gains Tax on Shares
Capital Asset includes movable and immovable, tangible and intangible, right, and securities (equity, bonds, etc.). Gains from such assets on its transfer are taxable under […]
Capital Gains Tax on Real Estate
Real Estate includes land and building, which are always appreciated. Hence, awareness regarding capital gains tax on real estate is significant. The holding period of […]
GST on the sale of land in India – Definitions, Indirect Tax, Sale on land
Real Estate is an important sector for the economy’s growth. GST from real estate sector in India is a major source of revenue for the […]
Types of Reinsurance – Definitions, Types, Examples
Reinsurance is insurance for insurers. Reinsurance means when insurance companies sign an agreement to transfer their risk portfolios to other insurers to reduce the likelihood […]
Financial Ratios in Revenue Statement – Definitions, Uses, Users, Examples
Financial Ratios are of three types: Financial Ratios in Revenue Statement, Financial Ratios in Balance Sheet, and Combined Ratios. Earlier, we discussed about the Balance […]
What is a Combined Ratio? Definitions, Examples, Analysis
The combined ratio helps the insurance company measure operations and the daily performance. In other words, it measures the operational profitability of the insurance company. […]