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Terms starting with "L"

5 terms found

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Letter of Undertaking GST

A declaration filed by eligible exporters to supply goods or services for export without paying IGST upfront. By submitting an LUT

Liquid Fund Mutual Funds

A debt mutual fund that invests in very short-term instruments maturing within 91 days

Long Term Capital Gains Income Tax

Profit from selling a capital asset held beyond the prescribed long-term holding period. For listed equity shares and equity mutual funds

Lower Circuit Stock Market

The maximum percentage a stock's price is allowed to fall in a single trading session. Once the lower circuit is hit

Lump Sum Investment Mutual Funds

A one-time investment of a large amount in a mutual fund