Cryptocurrency
Cryptocurrency – what’s the great fuss about it? Everywhere we turn around, this word keeps ringing in our heads constantly. What is it and why does the internet create such a hype about it? Let’s dive in and see what it’s all about. What is cryptocurrency? Technology has changed the way people work, communicate, shop […]
Why forex reserves are important for any growing economy?
What are forex reserves? Forex reserves also known as foreign exchange reserves are a country’s resources. They are a country’s assets in the central bank of the respective country. The denomination is not local currency. These financial assets are in foreign currency. Usually, it is in US dollars, given that it is the most traded […]
Why is Cryptocurrency Worth Investing In?
‘Cryptocurrency‘, one of the most common words nowadays. Every next person is either investing in cryptocurrency or thinking to do so. Cryptocurrency has come a long way and is surely making huge waves. You must have heard a lot of people talking about this topic. A lot of people are still thinking about investing in […]
Masala Bonds
What are bonds? Let us first look at what bonds mean to know what masala bonds are. Bonds are a type of investment or loan that is given to a borrower. The investor/ lender gets a fixed amount of interest on the bonds in return. The value of the bonds may change over time in […]
Investment at a young age- why is it a good idea?
There is a quote that goes like this, “Someone is sitting in the shade today because they planted a tree long ago.” This tree or the seed is an investment, and the shade is the benefits that comes after. And what better time to start investing, than at a young age? To begin with, let […]
Everything about e-RUPI gift vouchers
On 2nd August 2021, Honorable Prime Minister Narendra Modi launched a digital payment solution which is cashless and contact less in nature. It is neither crypto currency nor an application like Paytm, Google Pay, etc. It is known as e-RUPI which is a gift voucher. National Payments Corporation of India (NPCI) has developed e-RUPI gift […]
What Happens If you don’t file Your ITR?
Income tax is a direct tax that a government levies on the income of its citizens. The Income Tax Act, 1961, mandates that the central government collect this tax. Taxes are sources of revenue for the government. The government utilizes this revenue for developing infrastructure, providing healthcare, other government welfare schemes. Before we enter into […]
What you Know about your PAN Card?
PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN stands for Permanent Account Number. A PAN card is a valuable means of photo identification accepted by all Government and non-Government institutions in the country. It is mandatory to have a PAN for conducting financial transactions such as filing for Income […]
Protect your PAN card from Misuse
A PAN card is a valuable means of photo identification accepted by all Government and non-Government institutions in the country. PAN stands for Permanent Account Number. PAN enables the department to link all transactions of the assessee with the department. The transactions herein mentioned include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence […]