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Financial Terms

Combating Financing of Terrorism

The concept of Combating Financing of Terrorism involves preventing the flow of funds through financial channels for illegal activities. This includes measures to prevent money laundering and terrorist financing. These efforts are guided by a framework of laws and regulations, both at the national and international levels.

Foreign Currency Non-Resident Account (FCNR)

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Nominee

This individual is authorized to act on behalf of the investor in case of any unforeseeable circumstances such as death or incapacitation. A Nominee refers to an individual ...

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Dividend Distribution Tax

This tax is paid by the company, not the shareholders. The term "dividend tax" refers to a tax levied by the Indian government on companies that distribute dividends to thei...

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Collar

A collar is a risk management technique used to protect against excessive losses while also capping potential gains. This is achieved by simultaneously purchasing a protecti...

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