There are certainly no shortage of credit card choices available for consumers. Filling your wallet with the right credit cards is a process that’s going to be different for each of us on the basis of our needs. So it becomes important for us to understand the credit card environment can help you make...
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What is meant by Credit card?
World is growing fast with increasing use of digital payment methods, which includes online payments, digital wallets and card payments. This topic is all about Credit Cards, which is one type of card payment method. Credit card simply means a card used to pay money to another party by taking credit from bank. In...
Continue readingMeaning of Bank Draft
Bank draft or Demand Draft is a kind of cheque provided to the customer of a bank or acquired from bank for remittance purpose. Here the payment is guaranteed by the issuing bank of this financial instrument to the payee on the behalf of payer. When the bank draft is to be issued by...
Continue readingInvesting in NSC(National Savings Certificate)
National Savings Certificate is one of the kind of Government organised investment scheme. It is generally meant for small savings. It is a part of the postal savings system. That means it can be purchased from any Post office in India. Also it is helpful in saving tax. Earlier there were two types of...
Continue readingAll about investing in Public Provident Fund(PPF).
Public Provident Fund(PPF) is one of the kind of investment available for common people which not only saves money, but also your tax! So read it till end to learn it. An Individual can open account with ₹100/- but has to deposit minimum of ₹500/- in a financial year and maximum of ₹150000/-. Deposits...
Continue readingSome of the Post Office investment schemes all should know!
Just like various investment schemes available in banks, there are several similar schemes of post office, meant for investment. Along with investment, they are also the tax saving tool! So read about all these schemes till end: Post office Saving Account: These account can be opened by cash only. Minimum amount for opening of...
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All about Sukanya Samriddhi Yojana(SSY)
Sukanya Samriddhi Yojana is the result for promoting girls’ welfare in India. This also helps in saving tax. So must read about it till end and get to know all about it in detail! Image source: Google Depositor: In this scheme, the depositor is an individual who on behalf of a minor girl child...
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‘Business from home’ culture- Know about Reselling business.
Business is just like the fresh bread- resulting from slow fermentation of time and efforts. Today is the world of business, trending with its latest variants of doing the same. Instead of setting up establishments and raising funds, the entrepreneurs of today are boosting their business with the power of technology. They are purchasing...
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Flipkart’s acquisition by Walmart: What’s the problem in it?
Dream: Which takes comparatively longer period to mould into actual form than to make it in air like a castle. Started in 2007 by two IIT pass outs, Sachin Bansal and Binny Bansal, which soon turned their website into India’s leading e-commerce company, is now a part of American retail company Walmart. Walmart acquired...
Continue readingAll about Venture Capital Funds
Venture Capital means funds made available for start-up firms and small businesses with exceptional growth potential. It does not always take just a monetary form, it can be provided in the form of technical or managerial expertise. Read more: Know about Angel Investing Venture capital generally comes from well-off investors, investment banks and any...
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