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…
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…
Term v/s Other Life Insurance – Weighing…
Life Insurance is a very important component of every individual’s financial planning. In India, life insurance has been predominantly sold as a savings cum tax savings tool. The most important reason why life insurance…
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…
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.