If you earn an income in India, one of the first things you hear about is income tax slabs. Many beginners assume that once income crosses a limit, the entire income gets taxed at a higher rate. But that is not how the income tax system works in India.India follows a progressive tax system, which simply means different portions of your income are taxed at different … [Read more...] about Income Tax Slabs and Rates for FY 2025–26 (AY 2026–27): Old vs New Tax Regime Explained
Reverse charge mechanism (RCM) on legal services by a Lawyer or Advocate
In Reverse Charge Mechanism (RCM), the responsibility for paying the tax under Goods and Services Tax (GST) shifts from the supplier to the recipient of the goods or services. This is different from the regular GST system where the supplier is responsible for collecting and remitting the tax to the government.Reverse Charge Mechanism (RCM) applies to specific situations as … [Read more...] about Reverse charge mechanism (RCM) on legal services by a Lawyer or Advocate
How to use Put Call Ratio (PCR) in option trading?
Market participants use several financial measures to understand market sentiment before taking a position. Put Call Ratio is one such financial tool. This metric helps investors gauge whether the market is leaning toward a bullish (rising) or bearish (falling) sentiment.Let’s break it down in simple terms so you can grasp how it works and how you can use it in your own … [Read more...] about How to use Put Call Ratio (PCR) in option trading?
GST TDS Rules, Eligibility, Calculation, and Filing — Quick Summary Guide
TopicSimple ExplanationMeaning of GST TDSGST TDS means a government body deducts a small part of tax (2%) while paying a supplier and deposits it directly with the government.Purpose of GST TDSIt helps the government collect tax on time and increases transparency in payments.Who Deducts GST TDSMainly government departments, local authorities, PSUs, government agencies, and … [Read more...] about GST TDS Rules, Eligibility, Calculation, and Filing — Quick Summary Guide
What is a Bear market? History, Causes & Investment
A Bear market happens when the broad market index falls by 20% or more from the high over a few months due to negative investor sentiment. 20% is considered as a minimum threshold limit.The opposite of a bear market is a bull market.In a bear market, we may have occasional small rallies but the general trend will be downward. Market participants keep selling investments … [Read more...] about What is a Bear market? History, Causes & Investment