What is Securities Transaction Tax (STT)?
STT can be defined as a tax imposed on the purchase and sale of securities in the financial markets. Its primary role is to regulate and monitor securities transactions, ensuring transparency and compliance. The scope of STT encompasses various types of transactions, including equity, derivatives, and mutual funds. Its applicability may vary across different financial […]
Indirect Method of Preparing Cash-Flow Statement
A cash flow statement is a crucial financial statement that provides insights into a company’s liquidity and its ability to generate cash. When it comes to preparing a cash flow statement, there are two methods: direct and indirect. In this article, we will focus on the indirect method and explore its significance in reconciling net […]
What is the Capital Adequacy Ratio?
In finance, stability is a key determinant for keeping the public trust and economic activities smooth. One of the critical measures that regulators and banks rely on to measure such stability is the Capital Adequacy Ratio (CAR). Often called the backbone of prudent banking, this metric plays a significant role in determining a bank’s financial […]