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What is Grey Market Premium in IPO

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IPO Stands for Initial public offering. An IPO is a company’s first offering of stock to the public. So we will get information about what is grey market premium in IPO, in this article.  GMP stands for “Gray Market Premium”. Trading takes place before official listing on the stock exchange. It represents the difference between

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Can I Pay Rent to My Parents to Claim HRA and Save Tax?

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Tax savings play a vital role in effective financial planning, especially for individuals earning a salary. House Rent Allowance (HRA) is a commonly utilized avenue for reducing tax liabilities. It serves as a tax-exempt component in your salary, specifically benefiting those occupying rented accommodations. But what if your living situation involves residing with your parents?

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7 Clever Personal Finance Rules to Save More Money

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Managing personal finances can be daunting, but with the right strategies, it becomes more manageable. We are going to learn ten clever personal finance rules that can significantly impact your savings. These rules provide a blueprint for effective financial management, encompassing investment strategies, budgeting techniques, and risk mitigation. Let’s delve into these rules and explore

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Do I have to pay tax on IPO Allotment? Understanding Tax Implications on IPO Shares

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In the thrilling world of stock markets, an IPO announcement often sends ripples of excitement among investors. The anticipation and subsequent allotment of IPO shares are moments that many eagerly await. However, amidst the thrill, a pertinent question often arises: Do I have to pay tax on IPO allotment? Understanding IPO and Taxation An Initial

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