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What is the meaning of Balloon Payment?

A Balloon Payment is a huge sum which is to be paid at the end of the balloon loan like a mortgage, commercial loan and even an amortized loan. It can be a part of both a fixed and flexible interest rate regime. In a balloon loan, only a small part of the principal balance ..

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Tapas Majumdar Committee

Tapas Majumdar Committee was set up by the NDA Government in 1999 to look into the financial implications of operationalising the 83rd Amendment Bill introduced by the United Front government in 1997, seeking to make the right to free and compulsory education up to the age of 14 a fundamental right. The 83rd Amendment Bill ..

Tishyarakshit Chatterjee Committee

This article deals with the Inviolate Forest Areas and the  Tishyarakshit Chatterjee Committee. Tishyarakshit Chatterjee Panel Report Tishyarakshit Chatterjee committee has submitted its draft report that looks to give the demarcation legal teeth by notifying inviolate patches under the Environment Protection Act, 1986. The formula and criteria recommended by the Chatterjee panel will mean that ..

Tax Increment Financing

TIF (Tax Increment Financing) programs are measures to use increase property tax revenues generated by urban development to pay for public costs of that development. It is a public financing method that is used for subsidizing redevelopment, infrastructure, and other community-improvement projects in many countries.  Similar or related value capture strategies are used around the ..

Tight Oil

Tight oil is a light hydrocarbon contained in petroleum-bearing shale formations that have relatively low porosity and permeability. Tight oil is extracted at depths of 2 to 3 km on average, with the deepest wells taking up to six weeks to drill.

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