Anjana Dhand

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Free Float Market Capitalization

What is Market Capitalization? Market capitalization is also known as market cap. It is a method or a term to describe the current share price and the total number of outstanding shares against its market worth. It is one of...

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Tax Saving Bonds

While every taxpayer wants to reduce their tax burden, not every investor is comfortable with the risk associated with other tax saving investment options.  Hence, developed a wide range of investment plans, schemes, bonds, and other products to ensure that...

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Liberalised Remittance Scheme (LRS)

What is the Liberalised Remittance Scheme (LRS)? The Liberalised Remittance Scheme (LRS) enables residents of India to transmit up to USD 2,50,000 or its equivalent overseas every Financial Year (April-March). LRS allows you to spend money abroad on things such...

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What is India VIX?

The India VIX is a volatility index. It is based on the NIFTY index option prices. The best bid and ask quotes of the out-of-the-money near- and mid-month NIFTY option contracts are used to calculate the India VIX. It shows...

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Funds From Operations

What is Funds From Operations (FFO)? As the name suggests, Funds From Operations (FFO) is the fund or cash generated from the operating activities of the business. The operating activities mean the core business activities. These cash flows exclude activities...

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Perquisites in Income Tax

What are Perquisites in Income Tax? Perquisites in Income Tax are any excess benefit or advantage given to an employee by their employer in addition to the basic wages or salaries. These benefits usually form a part of the total...

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PFRDA Rules & Regulation

What is the PFRDA? On September 19, 2013, the Pension Fund Regulatory & Development Authority Act was passed, and it was notified on February 1, 2014. Employees of the Government of India, State Governments, as well as employees of private...

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Children Education Allowance

Education has the ability to enhance people's quality of life at a geometrically faster rate. Every parent is concerned about children education. You are inspired to work harder each day because you want to provide your child with a high-quality...