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Writing Will

How to Write a Will

A legally enforceable declaration of how a person wishes his or her property to be distributed after death. In a will, a person can also recommend a guardian for his or her children. Also…

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…

Fruit Basket

Basket of Fruits

There was a man who would every day buy apples on his way back from office. And all through the night he would talk about the lovely apples that he bought. He believed those…

Mutual Funds Plan

How SEBI’s New Regulations are going to…

Entry loads for all mutual fund schemes were abolished in August 2009 by SEBI. This resulted in lot of Mutual Fund Distributors/Independent Financial Advisers quitting the MF distribution business. After realizing that mutual fund…

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.…