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Old Tax Regime: Available Deductions

Deductions under Section 10 LTA** Section 10 (5), or leave travel allowance exemption, is applicable for individual taxpayers. The LTA exemption applies only to the domestic travel expenses, such as airfare, train or bus fare, incurred by the employee. Other expenses, such as transportation within the destination, sightseeing, hotels, and food, are not covered. Additionally, the exemption is limited to LTA provided in your CTC by the employer. For example, if an employee is given LTA of Rs 30,000 and incurs travel expenses of Rs 20,000, only the amount actually spent on travel would be exempt from taxes and the remaining Rs 10,000 would be included as taxable income Deductions under Section 10 House Rent Allowance Section 10 (13A) of the Income Tax Act covers House Rent Allowance (HRA). The part of your salary that you receive for covering house rent and accommodation expenses is exempted from taxation. However, there are a few exceptions that are included in Section 10 (...

How to invest in Metaverse(USA and India)?

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How big is metaverse market? The global metaverse market size in 2022 was valued at USD 47.48 billion with a growth rate of 39.44% CAGR to a valuation of USD 678.80 billion by 2030.  There are Immense Opportunities in Several Areas, Some of These Include: Urban planning and infrastructure Events, meetings and conferences Metaverse and digital twin-based manufacturing Travel and tourism Others   Emerging Applications In Areas Of Training & Strategic Planning: Military & defence trainings Government employee trainings Metaverse and digital twin based strategic plannings related to warfare, defence strategies and tactics Scope of Metaverse in India Looking at the current trends and growing popularity of metaverse, one thing is clear metaverse surely has a promising future. With top global companies investing billions in the growth and expansion of the metaverse, neglecting the metaverse stocks can be a mistake. As per the stats, the metaverse industry is expected to grow ...

Metaverse? Get Ready to Travel in Virtual World.

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  "Metaverse" became a household word when Facebook rebranded its identity to Meta October 2021 and announced plans to invest at least $10 billion in the concept that year. What is exactly metaverse? The metaverse is a vision of what many in the computer industry believe is the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways they could not in the physical world. 7 Key Technologies That Are Powering The Metaverse- 1. Blockchain 2. CryptoCurrency 3. Augmented Reality and Virtual Reality 4. Artificial Intelligence 5. 3D Reconstruction  6. Internet of Things (IoT) 7. Edge Computing & 5G (Web3) What Business Legend saying about metaverse? How to invest in Metaverse? Keep Checking New blog 

The Ben Graham Way

Every investor faces the question whether a scrip is overpriced, underpriced or fairly priced. It's generally not possible for retail/lay investors to carry out long, intensive mathematical calculations using various valuation models to figure this out. So, what should he do? Benjamin Graham's simple formula for finding valuations of growth stocks comes to the rescue. Benjamin Graham mentions the formula in his famous books Security Analysis and The Intelligent Investor. Following is the Benjamin Graham formula: Intrinsic value = Earnings per share x [(8.5 + (2 x Expected annual growth rate, g)] The earnings per share is the trailing twelve-month earnings. 8.5 is the P/E base for a no-growth company. Expected annual growth rate is the estimated growth rate over seven to ten years. In 1974, in the revised edition of The Intelligent Investor, Graham revised the formula to Intrinsic value = [EPS x (8.5 + 2g) x 4.4] / Y In this formula, 4.4 is the the...