Today we will be covering details relating to Non-Residential External Account (NRE), its features, advantages and disadvantages. What is Non-Residential External Account? An NRE account is a rupee denominated account, allowing transfer or conversion of Indian currency across Indian boundaries. The interest earned on this account is exempt from taxes. The account holder can avail [...]

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Every individual has a dream to build a highly sophisticated home. To accomplish this desire of individuals, we have banks and housing finance companies. By offering home loan facility to both self-employed and salaried people, they contribute to make the dreams come true. Home loans are quite favourable for salaried individuals. The first criteria which [...]

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What does share buy-back mean? The term share buy-back is used when a company is interested in getting its shares back from its shareholders. Why is it so? There are various reasons for company to do so some of which are listed below: When the company buys back its shares, its shows the confidence the [...]

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Everyone wants their wealth to increase day by day and for this many people invest in stocks, equities, and various other money making instruments. But it may happen that improper knowledge about the strategic investment in these may lead to losses. The crash of market in 2008 and 2011 made heavy losses in case of [...]

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Investing in equity/stock markets is quite risky. And one should have knowledge about the effects of gains/losses and the corporate actions on tax in order to minimize tax and maximize returns. With the markets touching 20,000 levels, everyone wants to be the part of the rally. Meanwhile you should also be aware of Taxation side [...]

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