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14 Cards in this Set

  • Front
  • Back

Tax

A charge usually of money imposed by authority on persons or property.

VAT

Value Added Tax.

Custom Duty

Tax on transportation across international border.

Octroi

Tax charged by Municipal Corporation.

Invoice

Receipt given on purchase.

UTGST

GST for Union territories.

IGST

Tax levied by central government for Inter state trading.

SEBI

Securities Exchange Board of India controls share market.

ELSS

Equity Linked Savings Schemes are the investments schemes which systematically invest money in different shares of good companies.

Surcharge

Extra charge

Countervailing Duty (CVD)

Additional import duty on imported products.

Debentures

(Bonds) a corporate security other than equity security.

Demat account

Account that is used to hold shares and securities in electronic format.


Asset

The entire property of a person.