Tax Liability
Tax Liability Tax liability is the amount of tax owed by an individual or business to a government agency. It is calculated based on a number of factors, including income, property value, and consumption expenditures. Factors Affecting Tax Liability: Income: The higher your income, the higher your tax liability. Property Value: If you own property, […]
Deposit Interest Rate
Definition: The deposit interest rate is the rate of interest paid to depositors on their deposits. It is typically a variable rate that changes over time based on market conditions and the overall strength of the banking system. Factors Affecting Deposit Interest Rate: Interest Rate Environment: The federal funds rate and other market interest rates […]
Reserve Accounting
Reserve accounting is a technique used in accounting to account for certain specific future obligations and liabilities that have already been incurred but are not yet due or payable. It involves setting aside a specific amount of money in a separate account to cover these obligations. Examples of reserve accounting: Uncollectible accounts: A company might […]
Brics Countries
BRICS countries, also known as the Big Four, are the five largest emerging economies in the world by GDP (nominal). They are Brazil, Russia, India, China, and South Africa. Key characteristics of BRICS countries: Large size: They have a combined GDP of over $15 trillion, which is larger than the GDP of many developed countries. […]
Equity
Definition: Equity is the portion of a company’s assets that are financed by shareholders’ equity capital. It is the residual interest in the assets of the company after deducting liabilities. Equity is also known as owner’s capital or common stock. Formula: Equity = Assets – Liabilities Components of Equity: Common stock Retained earnings Other equity […]
Flexi-Cap Fund
Flexi Cap Fund A flexi cap fund is a type of private equity fund that allows investors to invest a variable amount of capital in a company, rather than a fixed amount. This flexibility is designed to accommodate investors with different risk tolerances and investment objectives. Key Features of Flexi Cap Funds: Variable investor contributions: […]
Cloud Mining
Cloud Mining Cloud mining, also known as server-side mining, is a type of cryptocurrency mining that utilizes cloud computing resources rather than dedicated hardware. Instead of investing in expensive mining rigs, miners use virtual machines or rented server space on the cloud. How Cloud Mining Works: Virtual Machines: Miners create virtual machines on cloud providers […]
Tax Deducted At Source (Tds)
Tax Deducted at Source (TDS) Tax deducted at source (TDS) is a mechanism in India where the payer is required to deduct a certain percentage of tax at the source of income or payment and remit it to the government on behalf of the payee. The TDS is applicable to various income sources, including salaries, […]
Trade Deficit
Sure, here is the definition of trade deficit: Trade deficit: A situation where a country imports more goods and services than it exports in a particular time period. In other words, the country is spending more money on imports than it is earning from exports. If the country’s exports are greater than its imports, it […]
Portfolio Turnover
Definition: Portfolio turnover is a measure of how frequently a portfolio manager changes the investments in a portfolio. It is expressed as a percentage of the securities in the portfolio that are sold and replaced with new securities in a given period. Formula: “`Portfolio turnover = (S – B) / A * 100% where: S […]
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