Pc jeweller Buyback Withdraw
*Pc jeweller Buyback Withdraw*
PC Jeweller: Board Decided To Withdraw Buyback Offer Of 1.21 Cr Shares With Immediate Effect.
NCDs - Non Convertible Debentures l Tax implications and TDS on NCD
What are NCDs? Non-convertible debentures (NCDs) are debt instruments with a fixed tenure issued by companies to raise money for business purposes. Unlike convertible debentures, NCDs can't be converted into equity shares of the issuing company at a future date. What's the difference between NCDs & FDs? Following are the differences between an NCD and an FD: Liquidity: In contrast to a NCD, FD can't be sold in the market. As NCDs are listed on a stock exchange, you can sell them any time you want. Even bank FDs are highly liquid and can be encashed before maturity however with lesser interest. Safety: While NCDs are secured debt, corporate FDs are altogether unsecured and bank FDs are secured to the extent of Rs One Lakh only, for both principal and interest amount for each depositor in a bank. Taxation: There is difference in taxation aspect also. In addition to interest income, there can be capital gains if you sell the NCD before maturity. However...
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