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Income Tax Notice and Bank accounts with large value cash transactions
As part of its data matching exercise, Income Tax Department has identified bank accounts which have large value cash transactions.…
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Currency Management: How does Indian Notes and Coins reach People
The Reserve Bank of India has task of issuing, managing and distributing currency notes and coins. This article talks about Currency…
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Demonetization Myths and Reality
There are many myths and facts, claims and allegations, in the air about – recently announced – demonetization scheme, under…
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Giving Cash and Deposit money into Bank Accounts and Tax on Gifts
It is not advisable to deal in cash and borrow or lend by cheque or bank draft even if it…
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Go Cashless:Digital Wallets, NEFT,IMPS,UPI, Debit Cards,Credit Cards
On November 8, 2016 India witnessed one of the most significant revolutions,Demonetization. PM Narendra Modi debarred the legal acceptance of…
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US President: Salary, Benefits, Expenses and Retirement Benefits
What are the benefits of being the US President? What is the Salary, what are the benefits of US President,…
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Tax and penalty on Cash Deposit due to Demonetization
If you have Rs 500 and Rs 1,000 notes lying with you, there is no reason to panic if you…
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Black Money : What is Benami Property and Benami Act?
“We will take action against ‘benami’ property. This is major step to eradicate corruption and black money… We are going…
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Review of the Book : You Can Be Rich With Goal based Investing
Goal setting involves deciding the end point of your planning exercise, determining where you want to go. The more tangible the…
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All About Used Car Loan Tenure
An affordable way to buy the car of your dreams is through a loan. There are various aspects to be…
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3 Types of Cars That Can Be Financed through a Used Car Loan
Opting for a used car loan is a wise decision as it gives you the option to upgrade to a…
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