Residents of Delhi should obtain a domicile certificate Delhi to prove that they are permanent residents of that state. A Delhi domicile certificate helps residents of Delhi to get benefits under various state government services and programmes. The NCT government or the Revenue Department issues the Delhi domicile certificates.  Purposes of Domicile Certificate Domicile Certificate is used […]

A legal heir certificate is an important document upon the death of a family member. It establishes the relationship between the deceased person and his/her legal heirs. Legal heirs of a deceased person are spouse, children and parents.  The legal heirs must apply and obtain the legal heir certificate to transfer the ownership of assets of the deceased person to

Prospective investors can think that SIPs and mutual funds are the same. However, SIPs are merely a method of investing in mutual funds, the other method being a lump sum. A SIP calculator is a tool that helps you determine the returns you can avail when parking your funds in such investment tools. Systematic Investment Plan or SIP is

Regulated Entities (RE) must periodically ensure compliance with the RBI’s Circulars and Directives. A streamlined compliance process and thorough internal compliance monitoring are essential. The RBI Circular on 31 January 2024 provided a five-month deadline for a new directive for using technology to have a dashboard in place.  how banks and NBFCs can seamlessly integrate

Business restructuring is a comprehensive process be it financial or technological or market or organisational. There are various modes by way of which it can take place such as re-organisation of capita, compromise/arrangement, merger/amalgamation, demerger, acquisition/takeover, slump sale, strategic alliance and such other similar modes. The primary motive behind undertaking any such rearrangement would be

Small Scale Industries (SSIs) are entities that are involved in the manufacturing, production, and services of products on a micro or small scale. The maximum investment in machinery, plants, and industries by Small Scale Industries cannot exceed Rs. 1 crore. Small Scale enterprises must come under the guidelines of the Government of India.  Small Scale

With industrialisation, the increase in the number of products has made identification a tedious task, and hence there was a need for devising a system that would help in easy identification. And therefore in the year 1970, George J Laurer invented the system of the Universal Bar Code in the USA.  Barcode is a machine-readable

The marriage certificate serves as an official document confirming the union of two individuals in marriage. In India, marriages can be legally registered under either the Hindu Marriage Act of 1955 or the Special Marriage Act of 1954. Irrespective of the type of marriage, the issuance of a marriage certificate is mandated, serving as tangible proof of the

Punjab National Bank (PNB) is perhaps one of India’s oldest banks. The bank was initially established in Lahore, Pakistan and was founded by a number of leaders from the Swadeshi Movement. Over a 100 years later, the bank has established itself as a multinational financial and banking institution. The bank offers its customers a number

Information about the dates for bank holidays in India can be very helpful in planning your visits to the bank as well as other financial transactions. Here is a comprehensive list of bank holidays in India in 2024 that will help to streamline your bank-related visits and transactions.  India has different types of banks, from the Central Bank (also