Introduction The foreign exchange market or FOREX market is the market where currencies are traded. The market is a trading place. The forex market is the […]
Year: 2022
Business Plan – Definition, Objectives, Process, Types
Introduction Business Plan is a written document that describes all the steps necessary in starting and operating a successful business. It is a written master […]
Joan Robinson’s Growth Model – Definitions, Importance, Assumptions, Models
Joan Robinson’s Model of Growth Mrs. Joan Robinson has given her model of growth in her classic book. ‘The Accumulation of Capital in 1956. Joan […]
Capital Gains Tax on Inherited Property
Capital gains tax on inherited property arises when the receiver of such property sells it. On receiving an inherited property, no capital gains tax applies […]
Taxes Collected by the State Government
The constitution of India gives and allocates powers to the central and state government to collect taxes in India. Moreover, as per article 265 of […]
Capital Gains Exemption
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 […]
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 […]