A document issued by a supplier when the value of a supply needs to be increased after the original invoice has been issued
A mutual fund that invests primarily in fixed-income instruments like government securities
A measure of a borrower's monthly debt obligations as a percentage of gross monthly income. Lenders use DTI to assess repayment capacity. A lower DTI indicates better financial health and improves loan eligibility. Most lenders prefer a DTI below 40% for home loan applicants.
An income tax return that the tax department considers incomplete or inconsistent
An accounting concept representing tax that is payable or recoverable in future periods due to timing differences between accounting profit and taxable profit
The removal of a company's shares from a stock exchange
Buying shares with the intention of holding them beyond the same trading day
A dematerialised account that holds your shares and securities in electronic form
Insurance cover provided by the Deposit Insurance and Credit Guarantee Corporation
An agent of a depository — NSDL or CDSL — such as a bank
A mutual fund plan where investors invest directly with the AMC without going through a distributor or broker. Direct plans have a lower expense ratio than regular plans because no distributor commission is paid. The difference in returns compounds significantly over long investment horizons.
A mutual fund payout option where profits are periodically distributed to investors as dividends instead of being reinvested. Now called the Income Distribution cum Capital Withdrawal (IDCW) option following a SEBI directive in 2021.
The annual dividend paid by a company expressed as a percentage of its current share price. For example
A treaty between two countries to prevent the same income from being taxed twice — once in the country where it is earned and again in the country of residence. India has DTAA with over 90 countries. Beneficial for NRIs and businesses with cross-border income.