Understanding the Financial Year A financial year is a 12-month period used by governments, businesses, and individuals for accounting and tax purposes. It helps in maintaining financial records, filing taxes, and planning budgets efficiently. In India, the financial year starts on April 1 and ends on March 31 of the following year. The financial year … Read more
Understanding Gift Deed Understanding Gift Deed A Gift Deed is a legal document through which a person (known as the donor) voluntarily transfers ownership of property or valuable assets to another person (known as the donee) without any exchange of money or consideration. This document helps establish clear ownership rights for the donee and provides … Read more
Linking Credit Cards to UPI Linking Credit Cards to UPI Unified Payments Interface (UPI) has revolutionized digital payments in India, making transactions faster and more convenient. With the Reserve Bank of India (RBI) allowing RuPay credit cards to be linked to UPI in 2022, users can now enjoy the flexibility of credit card payments via … Read more
Key Financial Initiatives for Inclusive Growth Key Financial Initiatives for Inclusive Growth The Indian Budget 2024 introduces several pivotal financial initiatives aimed at fostering inclusive growth and economic stability. These initiatives focus on enhancing credit access, supporting education, and improving insolvency resolution processes. Here, we delve into the significant measures announced: the increase in the … Read more
The PM Electric Drive Revolution in Innovative Vehicle Enhancement The PM Electric Drive Revolution in Innovative Vehicle Enhancement As the world shifts towards sustainable transportation, India is taking significant strides in promoting electric vehicles (EVs) through various initiatives. One of the most noteworthy schemes is the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM … Read more
