Imagine a government department hiring a contractor to do maintenance work in a power plant. The total value of the work is ₹75 lakh. Before paying the contractor, the department deducts a small part of the GST and deposits it directly with the government. This process is called GST TDS (Tax Deducted at Source).GST TDS mainly applies to government departments and some … [Read more...] about GST TDS in India: Tax Deducted at Source Rules, Rate, Threshold Limit & Examples
What Is a Company? Meaning, Features & Types Explained for Beginners
In India, when people do business together, they need a proper structure. One very common structure is a company. You hear words like private limited, public limited, or company registered under law very often.In simple terms, a company is a separate legal entity created under the Companies Act 2013 to run a business. In this article, we will understand what a company … [Read more...] about What Is a Company? Meaning, Features & Types Explained for Beginners
How to identify Bullish and Bearish Engulfing Candlestick Patterns
A wide variety of two candlestick patterns can signal the end of a downtrend or uptrend. Many traders are known for catching the reverse trend, trying to pick a top or bottom of a trending move. This article explains, what the bullish and bearish engulfing candlestick patterns are, how to recognise reversal in a trading environment that give rise to the pattern and when it has … [Read more...] about How to identify Bullish and Bearish Engulfing Candlestick Patterns
How to Trade Hammer and Hanging Man Candlestick Patterns: A Comprehensive Guide
A hammer candlestick is a pattern that forms at the end of a downtrend and suggests a possible trend reversal to an uptrend. This pattern has a long lower shadow (at least twice the size of the real body) and a very short or non-existent upper shadow. The real body, which can be either red or green, represents the difference between the opening and closing prices. A green … [Read more...] about How to Trade Hammer and Hanging Man Candlestick Patterns: A Comprehensive Guide
Shooting Star and Inverted Hammer Candlestick Pattern explained
One of the most common technical tools used to track the movement of stocks or securities are the candlestick patterns. Shooting star, hammer, hanging man and inverted hammer candlestick patterns spotted after a sharp rally or decline, can be considered as the most important pattern for trend reversal. These single candlestick patterns can help you a lot to spot a … [Read more...] about Shooting Star and Inverted Hammer Candlestick Pattern explained