Securities, including gold deposit bonds, stock investments, residential real estate, commercial real estate rented for more than 300 days, and residential real estate held for industrial and technological purposes, are all excluded from paying wealth taxes. Corporate tax A corporate tax is a tax ...
For a large, diverse country such as India, no single law can fulfill the purpose of financial inclusivity. However, as a step toward sorely needed financial formalization, demonetization has made an impact on the broader economy. With the immediate implementation of GST, value-added tax, in ...
The services may include opening bank accounts; collecting cash for deposit in their personal or beneficiary's account; disbursing small amounts of loans; recovering installments for loans; and selling bank products such as insurance, mutual funds and pension schemes. Banks are fully responsible ...