Withholding Tax
Withholding tax is the portion of income tax deducted at source by the payer on payments like salaries, rent, interest, or dividends. The payer remits it directly to the government on behalf of the recipient. It ensures timely tax collection and reduces the risk of tax evasion.
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Windfall Gain
A windfall gain is an unexpected and non-recurring profit, often arising from asset sales, legal settlements, or favourable regulatory changes.…
White Knight
A white knight is an investor or company that acquires a target firm to prevent a hostile takeover. From an…
Wartered Stock
Watered stock refers to shares issued at a value significantly higher than the fair value of the company’s net assets.…
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