Characteristics & Functions of Derivatives

Derivatives are financial contracts that derive their value from an underlying asset. These contracts play a significant role in the financial markets and exhibit several key characteristics and functions. Characteristics of Derivatives Hedging Hedging involves purchasing one asset to reduce the risk of loss associated with another asset. In finance, this risk management technique focuses…

Income tax-slabs for 2025-26: No income tax on income up to income Rs 12 lakh per annum

Revised Income Tax Slab Rates for FY 2025-26 In Budget 2025, Finance Minister Nirmala Sitharaman announced significant changes to the income tax structure. One of the most notable highlights was the increase in the tax exemption limit, which is expected to boost disposable income and simplify tax compliance for individuals. New tax slabs under new…