Extended internal rate of return or XIRR is used to determine the current value of any investment you have made. It shows a single rate of return, which can be calculated with each instalment … READ FULL STORY
A home loan eligibility calculator is one of the simplest ways to determine loan eligibility. Lending institutions consider a number of factors, including monthly earnings, loan repayment tenure, other monthly income sources, any other … READ FULL STORY
NCLT full form NCLT is the short for National Company Law Tribunal. What is NCLT? The NCLT is a quasi-judicial body in India that established under the Companies Act, 2013. Constituted on June … READ FULL STORY
What is KYC? KYC or ‘know your customer’ is a procedure in which a financial company verifies the identity of the customer and assesses their appropriateness and whether there is any possibility of illegal … READ FULL STORY
Various documents, petitions, and applications are required in civil lawsuits. The court receives a lot of documents and the opposite parties in a lawsuit are required to receive copies of these documents. Legal notices … READ FULL STORY
Your CIBIL score is the one of the main things that the banks would consider, when you submit your loan application, especially in case of a big credit like home loans. This guide will … READ FULL STORY
Your CIBIL score plays a crucial role in determining whether or not a bank will give you a loan. Your CIBIL score will also be a decisive factor in the bank offering you its … READ FULL STORY
TDS on commission Just like any other income, TDS deduction applies to money earned as commission or brokerage. Section 194H of the Income-Tax Act deals with TDS on commission and TDS on brokerage. See … READ FULL STORY
Balance of payment (BOP) records all financial transactions between the world and the residents of a country. It helps to understand the flow of funds into the country and see how well the funds … READ FULL STORY
A number of things like a CIN number, a Tin number, and GST licensing are needed if you are planning to start a business. The CIN is an important identification number for a company. … READ FULL STORY
With the evolving technology and Digital India Movement, the income tax department has shifted its analog tax payment system to digital. Through the e payment system, individuals can pay their taxes online using savings … READ FULL STORY
Succession certificate Property owners, who expire without leaving a will, are said to have died intestate. In such cases, the family has to get a succession certificate, which certifies the successor of the deceased. … READ FULL STORY
Fiat money is a currency issued by the government that is not backed by a commodity like gold. Central banks can control the amount of money printed with fiat money, which gives them greater … READ FULL STORY
