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MICR Code

What Is MICR CODE (Magnetic Ink Character…

The magnetic ink bar codes printed on the bottom of the bank’s cheque leaves are known as Magnetic Ink Character Recognition code (MICR), popularly known as MICR code. The technology used in printing the…

Tax Incentives

How to take Advantage Tax Incentives

Every year, during the last quarter of the financial year, we start worrying about the tax liability and ways and means to save tax. Tax planning should be part of an individual’s overall financial…

Income Tax

How to Avoid Income Tax Notice

Here is a list of expenses and investments, which at any point of time performed by you may invite undue attention from the Income tax Personnel. Depositing Cash aggregating to Rs.10 Lacs p.a. in…

Share Market

Is this the Right Time to enter…

Actions by Federal Reserve, European Central Bank and Bank of Japan during the last few weeks have brought the liquidity in the markets. After a prolonged policy paralysis, Government of India too finally took…

SIP a must

Why SIP is a Must

Ravi worked in the same organisation for a decade. He wanted stability in his life. He wanted to be in control of himself…

Garbage Truck

The Garbage Truck Story

One day, I hopped into a taxi and took off for the airport. We…

expensive

Expensive always isn’t Bad

THE ROAD TO SHIMLA ON A TYPICAL WEEKEND IS JAMMED BY CARS BUMPER TO BUMPER. THE COST OF HOTELS SHOOTS UP. MALL ROAD…

Financial Suicide

Financial Suicide

Financial Suicide: Are you doing it? Mr. Young got a bonus of Rs. 1,00,000.…