Fincap Sahi Nivesh

  Are you a taxpayer? If yes, then it is very important to understand the impact of not linking your Aadhaar number with PAN card because Central Board of Direct Taxes has issued consequences for PAN becoming inoperative as per the newly substituted rule. Read on…. 1. Consequent to the notification substituting rule 114AAA of the Income-tax Rules, 1962 (the Rules) vide notification no. 15 of 2023 dated March 28, 2023, clarifies that a person who has failed to intimate the Aadhaar number shall face the following consequences as a result of his PAN becoming inoperative: There will be no refund of any tax liability, in full or in part, owed in accordance with the terms of the Act; Interest shall not be payable on such refund for the period, beginning with the date specified under sub-rule (4) of rule 114AAA and ending with the date on which it becomes operative; Where tax is deductible, such tax shall be deducted at higher rate, in accordance with the provisions of Section 206AA; wher...

  Basics of Mutual Fund Do you fully grasp the technical terms used in mutual fund investment? Is the language employed in mutual funds is it difficult for you to understand? Are you unsure of which mutual funds to purchase while searching for them for your upcoming investment? If the answer to above questions is, yes, then let us explain you to in easy-to-understand manner. You may have encountered suggestions to put your money in large- or mid-cap funds rather than small-cap funds. The definitions of "large cap," "mid cap," and "small cap" funds are unclear, nevertheless. How can you differentiate between funds with large-cap, mid-cap, and small-cap? To understand what the word "cap" means, let's start with the basics. What is market cap? Market capitalization is also referred to as market cap. A company's market capitalization is the market value of its outstanding shares. A company's market capitalization is the sum of the market ...