Under the current rules, you are charged a certain percentage of TCS everytime you remit funds abroad, even if it is within the LRS limit
Bloomberg reported that there is still liquidity crunch in India, as its index for liquidity in India is in negative zone for quite some time. Although it has shown some improvement recently.
The order might even raise the overall price of apartments that offer car parking as well, since the order stipulated 18% GST on the price of the parking space
If there is a marked difference from the frenzy and disorder that followed the 2016 announcement of demonetisation, it appears to be due to the calibrated retreat of the central bank from printing and circulating Rs 2,000 notes since 2018-19
Small cap funds invest around 65% of their capital in small cap shares or equity instruments related to them whic means these funds pick stocks that are small in size and are new
Calculated as a percentage of the average Net Asset Value of the fund, TER subsumes expenses like legal, brokerage and management salaries, marketing and research expenses among others
SBI has issued a circular to all its branch managers that these instructions should be followed to make the process of note exchange simple and quick. Other banks may also go by these guidelines
UPSI refers to any information that concerns the company and its securities. This is generally not available for public access.
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