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…
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…
Financial Suicide
Financial Suicide: Are you doing it? Mr. Young got a bonus of Rs. 1,00,000. Excited with the windfall he decides to buy the latest smartphone and invest whatever is left. So he is spending…
A Rich Man and a Gift
A rich man was distributing gifts to those who were loyal to him. Hearing about this, all and sundry ran towards the rich man to obtain their gifts. When they reached the spot, the…
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…
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 Planning Ensures Efficient Management of Your Money.