Recent judgements pertaining to Income Tax and Goods and Service Tax, Investment Terminology and other related & unrelated articles from various sources. Disclaimer: The content is for general information only and is not intended to be advice on any particular matter. Readers should seek appropriate professional advice before acting on basis of the said information.
Stocks
8 June 2010
Net Interest Income
A financial measure for banks, calculated by the amount of money the bank receives from interest on assets (commercial loans, personal mortgages, etc) minus the amount of money the bank pays out for interest on liabilities (personal bank accounts, etc). Although usually calculated for banks, this figure can also be calculated for other corporations, simply by subtracting the amount of interest paid on liabilities from the amount of interest earned from assets.
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Investment Terms
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