Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Taxes

Legal reserve

In certain jurisdictions, corporations are mandated to establish a legal reserve to cover any potential business expenses. This requirement falls under civil law regulations. However, it is important to note that tax laws do not permit companies to claim tax deductions for these reserves. This means that corporations must carefully consider their legal reserve allocations to ensure compliance with both civil and tax laws.
Explore other categories
A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
Learn More
All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m
Learn More
All terms and concepts related to the process of saving and investing to ensure financial security a
Learn More
All terms related to various types of organizations or individuals, like investors, banks, insurers,
Learn More
All terms related to the system of money in general use in a particular country, representing a medi
Learn More
Investments that provide regular, fixed payments, such as bonds and treasury bills.
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms and concepts related to the placement of money in a bank account, including savings accoun
Learn More
Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link