If you ask any traditional businessman, he will out right reject the loan facility proposed by private or new generation banks. It is believed that private banks charge higher rate of interest as well as debit ‘hidden’ charges! Contrarily, the nationalized banks offer lower rate of interest without any hidden …
Read More »Understand general terms and condition before availing working capital loan from a bank
Loan sanction letters, Insurance policies, warranty papers are some of the ‘great’ documents which run into several pages, in small prints and are full of legal/commercial jargons. Very rarely do people read these documents but I am definitely sure that the terms are not familiar to the readers. The people …
Read More »Employment visa for foreigners in India
The applicant should be a highly skilled and/or qualified professional, who is being engaged or appointed by a company / organization / industry / undertaking in India on contract or employment basis. Employment visa shall not be granted for routine, ordinary or secretarial/clerical jobs. Minimum Salary – The foreign nationals …
Read More »I welcome you to the world of ‘cloud accounting’
It was some 600 years ago that Luca de Pacioli (he is to accounting what Alexandar Graham Bell is to the world of telephony) published his work on the double entry system of accounting – it is he who gave us the two words Debit and Credit. Little did he …
Read More »What is Aadhaar Based Paperless DSC & Who can Obtain this
I have received a mail from one of the licensed Registration Authority about offering aadhaar based paperless DSC Digital Signature Certificates. I thought of sharing the information with you all. With Launch of Digital India Campaign by Our PM Mr. Narendra Modi on 01 July, 2015 , CCA has introduced Concept of Aadhar …
Read More »Tips for safe Internet banking
I have received a mail from one of the banks about safe internet banking tips. I thought of sharing the information with you all. Email – The Bank will never send e-mails that ask for confidential information. If you receive an e-mail requesting your Internet Banking details like your …
Read More »Not so breaking news
All news channels have a common feature – 24X7 BREAKING NEWS. What is breaking news? Is it news that has just come in? Is it out an event that is currently happening? If you go by common sense, breaking news is about an event or situation which is unexpected and …
Read More »Who owns BookMyShow portal?
BookMyShow is a very nice portal, isn’t it? Do you have an idea of who owns it? It is owned by Reliance Industries Limited (RIL). This article is about Reliance Industries Limited (RIL) and the multiple brands owned by them. Background of Reliance Industries Limited (RIL) The history of …
Read More »Payment Employee Provident Fund through Internet banking only
As per the Order dated 24th June 2015 by Central Provident Fund Commissioner, the payment towards Employee Provident Fund (EPF) contributions has to be made electronically through internet banking facility Summary – Establishments remitting contribution above Rs.100000 per month have to mandatory remit dues through internet banking only with immediate …
Read More »All about obtaining Import Export Code IEC
Who has to obtain Import Export Code (IEC)? IE Code is a unique 10 digit code issued by Direct General of Foreign Trade (DGFT), Government of India. Those who import or export in India are mandatorily required to obtain IE Code. No person or entity shall make any import or …
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