Daily Archives: October 13, 2018

You are here:

Home
2018
October
13

Investment in PPF for tax deductions

Investments & InsuranceBy Surendra Naik October 13, 2018

PPF – TAX rule (EEE): Investment in PPF is eligible for tax exemption u/s 80C IT act. Income is exempt from tax, and Redemption proceeds are not added to tax PPF is one of the top-ranked investments all these years because of the following advantages. The balance available in PPF account is free from court…

What is CET 1 capital?

Risk ManagementBy Surendra Naik October 13, 2018

Sufficient capital is required by banks to absorb any losses that arise during the normal course of the bank’s operations. The Capital of a bank is divided into different tiers according to the characteristics / qualities of each qualifying instrument. The Basel III framework tightens the capital requirements by limiting the type of capital into…