Diversification is a risk management technique that mitigates risk by allocating investments across different financial instruments, industries, and several other categories. The purpose of this technique is to maximize returns by investing in different areas that would yield higher and long term returns. Most experienced investors agree that, although it does not provide any guarantee […]
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is an insurance scheme offering life insurance cover for death due to any reason. It is a one-year cover, renewable from year to year. The scheme is offered by banks/post offices and administered through life insurance companies. All individuals who are account holders of participating banks/ post office
The audit report is a key deliverable which shows the end results of the entire audit process. The users of financial statements like Investors, Lenders, Customers, and others base their decisions and plans on audit reports of any enterprise. An audit report is always critical to influencing the perceived value of any financial statement’s audit.
A Legal Heir Certificate is an official document issued by the Odisha government that identifies the rightful successors (legal heirs) of a deceased person. It helps transfer assets, pensions, property, and other rights to the legal heirs. Succession Certificate Vs Legal Heir Certificate Succession Certificate Succession certificate is a legal document, which is governed under
India has tightened steel procurement rules to favour domestic manufacturing, at a time when mills are struggling with lower prices of iron and steel due to a sharp influx of cheaper imports, a government notification showed. India’s finished steel imports from China, South Korea and Japan hit a record high in the first 10 months
HDFC Bank offers top-notch banking services that are easily and quickly accessible. There are different types of HDFC Bank accounts that come with unique features and benefits. Each type is customised for various categories, such as women, employees, senior citizens, kids and more. This guide will walk you through the process of HDFC account opening,
The “Mukhyamantri Yuva Udyami Yojana” is a component of the umbrella scheme “Mukhyamantri Udyami Yojana”, launched by the Department of Industries, Bihar. The main objective of the scheme is to promote entrepreneurship and self-employment among individuals from all categories in the state.Under this component, financial assistance of up to ₹10,00,000/- is provided to male applicants
In India, the privilege of driving is accompanied by various classes of vehicles. An individual might be eligible to drive one type of vehicle but not another unless they have an additional endorsement on their license. The Additional Endorsement of a Driving License (AEDL) serves this purpose. It enables the holder to legally operate various
The e-Invoicing system was implemented from 1st October 2020 for taxpayers with an aggregate turnover exceeding Rs.500 crore. e-Invoicing was extended to businesses with an aggregate turnover exceeding Rs.100 crore from 1st January 2021. On 8th March 2021, the CBIC also notified the applicability of the e-invoicing system from 1st April 2021 for businesses with total turnover
Assets of the Issue Department (1) The assets of the Issue Department shall consist of gold coin, gold bullion, foreign securities, rupee coin and rupee securities to such aggregate amount as is not less than the total of the liabilities of the Issue Department as hereinafter defined. [(2) The aggregate value of the gold coin,
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