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The Impact of Brokerage on the profits earned from IntraDay Trading

The Impact of Brokerage on the profits earned from IntraDay Trading

Brokerage is the commission charged by the broker who facilitates the trading. All trading platforms charge a fee as brokerage to provide a trading platform to the investor. Generally it...

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What is Income Tax Clearance Certificate and When is it issued?

What is Income Tax Clearance Certificate and When is it issued?

Income Tax Clearance Certificate is a document issued by the Government of India validating that the person has duly paid all the taxes due and has no pending liability. When...

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How Joint Home Loan is Beneficial?

How Joint Home Loan is Beneficial?

I am sure owning a dream home is on the bucket list of May. But with a fixed salary and increasing inflation it seems like a distant dream. Buying a...

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How safe are your Bank Lockers?

How safe are your Bank Lockers?

There are some valuables that we think are the safest in a bank locker. Most people have this opinion that your valuables are 100% safe when kept in a bank...

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Don’t liquidate your assets, get a Loan Against Securities

Don’t liquidate your assets, get a Loan Against Securities

Many people park their money in deposits and securities for investment purpose. And in times of financial emergencies there are only two options available, to borrow funds or liquidate the...

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Is Tax levied on Sodexo Meal Coupons?

Is Tax levied on Sodexo Meal Coupons?

Yes, the free meal coupons like Sodexo are liable to tax. Our Income Tax law treats it as a free perquisite given by the employer to its employees and would...

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What is Personal Line of Credit and How it helps?

What is Personal Line of Credit and How it helps?

Personal Line of Credit is a form of borrowing just like personal loan, with added features. It is a mix of credit card and personal loan. It is a personal...

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Rules for withdrawal of money from Provident Fund Account

Rules for withdrawal of money from Provident Fund Account

Once you have discontinued service under employment, there are two things that you can do with your Provident Fund Account, If you are taking up employment in another company then...

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Tax on PF Withdrawal (Explained with Charts)

Tax on PF Withdrawal (Explained with Charts)

No Tax is levied on the amount deposited and withdrawn from the Provident Fund account. This is because Provident Fund account comes under the EEE bracket i.e. Exempt on Investment,...

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Blog – Page 12 – Chartered Club