Deemed accounts have become an integral part of the financial landscape, offering efficient management of pledged assets and ensuring the security of financial transactions. Companies like the Indian Railway Catering and Tourism Corporation (IRCTC) have witnessed the impact of pledged assets on their IRCTC share prices and have leveraged deemed account to navigate these complexities. […]
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Category: Finance
A 403(b) plan is a unique tax-advantaged retirement savings scheme that benefits employees working in public education. This scheme is also available to people on the payroll of specific 501(c)(3) tax-exempt organizations. These include hospitals, churches, libraries, religious, charitable institutions, and other non-profit entities. The individuals who participate in this scheme work as nurses, doctors, […]
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