Life insurance is a popular tax saving instrument and should be a part of financial planning and goals set. There are several kinds of life insurance plans in the Indian market. Guaranteed life insurance plans sound like a good deal....

Gross salary is the sum of the total amount of compensation paid by the employer company to the employee as a part of the employer-employee relationship. Given the increase in salaried workforce, it becomes really important to understand the basics...

Meaning of Gross Income In the case of an individual, gross earnings refer to the total income earned before any tax adjustments or deductions. In this case, suppose Ramesh has a total income of Rs. 5,00,000 from which he paid...

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...

What is Fixed Asset Turnover Ratio? The fixed asset turnover ratio is an efficiency ratio that compares net sales to fixed assets to determine a company's return on investment in fixed assets. The fixed assets include land, building, furniture, plant,...

What is Financial Planning? Financial planning is a step-by-step approach in determining how you would meet your life goals with your money. A good financial plan will help you to remain in control of your expenses and investments at all...

What is the Fair Market Value? Fair market value FMV is the price at which one can purchase an asset under normal market conditions. The fair market value represents the accurate valuation of asset under the following conditions: Both the...

The total amount of equity shares associated with ownership of the company is the equity share capital. The equity share capital is also the difference between the total assets owned by the company minus all the liabilities on the balance sheet.