Category Investments

Introduction Salaried individuals who engage in stock trading or Futures & Options (F&O) transactions often have queries about income tax return filing, applicability for maintaining Books of Accounts and the applicability of tax audit on F&O transactions. This guide provides an in-depth analysis based on the latest provisions under the Income Tax Act, 1961. Understanding Trading Transactions […]

📘 What is a Gilt Fund? A Gilt Fund is a type of debt mutual fund that primarily invests in government securities (G-secs). These are bonds issued by the central and/or state governments to borrow money. As such, gilt funds carry zero credit risk, since they are backed by sovereign guarantee, but they are sensitive […]

PROCESS FOR APPLYING IN AN IPO THROUGH ICICI BANK Step 1: Login to your Net Banking Account. Step 2: Click on ‘Invest Online’ under the Investments & Insurance tab. Step 3: Click on ‘Invest Now’ in the Online IPO, Right Issues & Call Money column. Step 4: You would get all the open IPOs for […]

Initial Public Offering (IPO) is a process by which a privately held company gets listed on the stock exchange and sells its shares to investors. There are several categories of investors in IPO application process. You can apply through more than one category to maximize the chances of allotment based on the eligibility criteria. RETAIL […]

WHAT IS F&O TURNOVER? Computing the turnover on Futures and Options is significant for the purpose of tax filing and F&O trading is mostly reported as business income while filing tax returns. Yet, one needs to analyze their total income, which can be positive or negative value (profit or loss). Expenses like office rent, telephone […]

SOURCE: SEBI WHAT IS MUTUAL FUND? A mutual fund is a professionally-managed investment scheme, made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund’s assets and attempt to produce […]

About Sovereign Gold Bonds (SGBs): Sovereign Gold Bonds (SGBs) are the alternative to investment in physical gold. These bonds are risk-free as issued by the Government of India. The Government launched this scheme in 2015 under Gold Monetisation Scheme. These bonds are backed with policies and procedures notified by RBI.   Features: A Person resident […]