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Financial Terms

Mutual Fund Service System (MFSS)

The National Stock Exchange (NSE) offers a convenient online system known as Mutual Fund Service System (MFSS). This system is utilized by members to submit redemption or subscription requests on behalf of investors. It allows for efficient and secure online transactions, making the process more convenient for all parties involved.

Consolidated Fund of India

The Consolidated Fund of India serves as a central repository for all government revenues, including interest earned and borrowed funds. It is the primary source of funding ...

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Financial Reporting Framework (FRF)

It includes accounting principles, standards, and guidelines that must be followed in recording and reporting financial data. It is important for businesses to have a solid u...

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Equilibrium Price

Equilibrium, in the context of economics, can be understood as the delicate balance between supply and demand. It is the point at which the quantity of goods that consumers ...

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Input Tax

It is a key concept in finance, as it affects a company's bottom line and cash flow. Input tax can be reclaimed through the process of tax deductions, which allows businesses...

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