What is Capital Gain on Shares? A capital gain arises when a taxpayer sells a capital asset. Hence, the asset being sold must be a capital asset. The taxability arises only when a taxpayer sells their capital assets. While calculating...

What are Capital Gain Bonds? The capital gain bonds help a taxpayer in investing the long term capital gain earned on the sale of a long term capital asset. By investing their long term capital gain taxpayers can save tax...

An assessment year is different from a financial year. However, many taxpayers assume that an assessment year is the same as a financial year. In reality an assessment year and a financial year both are different from each other. Due...

The Government of India needs money to meet its financial requirements. They approach the general public to raise money. They can raise funds by offering different financial instruments for both short term and long term. However, there are very few...

Retirement planning is not just crucial for today’s investors but also a topic that demands well-informed decision-making. Having said that there are investment options available for an investor like mutual funds, NSC, SCSS, NPS, and so on. Almost all investment...

What is the Varishtha Pension Bima Yojana? During the NDA government's last time in office, the Varishtha Pension Bima Yojana (VPBY) was created as a pension program for senior persons. A total of 3.16 lakh annuitants will benefit from the...

Growing urbanisation is neither desired nor sustainable. So far, our professional higher education institutions have mostly served the mainstream industrial sector. Furthermore, with a few exceptions, it has made little direct contribution to the growth of the rural sector. Unnat...

Domestic users account for over a quarter of India's total electricity usage. According to a study conducted by the Ministry of Environment and Forest in 2011, lights accounted for almost 30% of total household energy consumption. Incandescent Light (ICL) bulbs,...