You are here
Home > Finance

What is GST (Goods and Services Tax) Bill ?

The Good and Services Tax┬ábeing passed by the Rajya Sabha on Wednesday 3rd Aug, 2016 is regarded as one of the most crucial indirect tax ┬áreforms since independence of India. GST was first introduced in 2006 by Palaniappan Chidambaram , the then Union Finance Minister. It certainly took a long time coming to the Rajya…

What is Gratuity?

Gratuity is a paid to those employees who renders a continuous service for at least five years in one organisation. It is the component of employee salary which is paid as a gratitude to the employees for serving in same organisation for five years. Gratuity can be considered as a retirement benefit plan, in which…

What is Form 16?

Form 16 is a document that is issued to an employee from its employer. It contains the details of salary earned by the employee and the income tax that has been deducted from his salary each month by the employer. Form 16 is Tax Deduction at Source (TDS) certificate issued by the employer and is…

What is NASDAQ

NASDAQ Full Form: National Association of Securities Dealers Automated Quotations NASDAQ Stock market is an American Stock Exchange. It was created in 1971 by National Association of Securities Dealers (NASD) and emerged as a global electronic marketplace for buying and selling securities. Trading began on February 8, 1971. Being world’s first electronic stock market it…

What is SENSEX and NIFTY?

SENSEX is stock market index for BSE Limited which was earlier known as Bombay Stock Exchange. It was established in 1875 in Mumbai. BSE is the first exchange in the world to obtain 9001-2002 certification for its on-line trading system. SENSEX Index is comprised of 30 of the largest and most actively-traded stocks on the…

Top