Professional Documents
Culture Documents
Lecture 1
Interest / FD – Fixed % of income
Taxable
Dividend – Given by Company (but not mandatory) for some companies
Tax free for shares after 1 year
LTCG – Long Term Capital Gain
** Dividend & LTCG are tax free until subjected to tax limit 10 Lakhs
Above 10 Lakhs, 10 % taxable
- Face Value: Price of Share for Promoter. (Owners of Company)
- Market Value: Price given on Stock Market for other people.
- Share Certificate: Given to Shareholder after purchase of shares
- DeMat Account: Dematerialized / E-Shares description
- ReMat Account: Rematerialzed / Physical description (Not available)
- Topline: Turnover (Sales excluding taxes)
- Bottomline: Profit (Sales after taxes)
- STOCK SPLIT :
Face Value of Share will split
Face Value decrease is directly proportional to increase in No. of
shares.