A non-convertible debenture, (NCD), is a type of debt instrument that lacks the option for buyers to convert it into shares or equities until its maturity. When investing in an NCD, buyers have the choice to purchase or sell the instrument and receive interest payments determined by the issuer's fixed interest rate.“But they are more liquid than corporate FD as NCDs are traded in the secondary market on stock exchanges,” says Abhishek Kumar, founder and chief investment advisor at SahajMoney, a financial planning firm.
The Indian government has extended the income tax filing returns by three months from September 30 to December 31. The deadline has been extended bec...
Net salary is the take home salary that you will get after all the deductions, paying gratuity and EPF and the income taxes. Taxation laws in India r...
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
Mahindra XUV 3XO compact SUV launched in India starting at ₹7.49 lakh
Markets trade firm on global rally, fresh foreign fund inflows
