Community & General Articles
Strategic debt restructuring - An introduction
1. PREAMBLE: The concept of Strategic Debt Restructuring ("SDR") has been introduced by the Reserve Bank of India (the "RBI") in the SDR Scheme (the "Scheme")
The Startup Era- Lets help the future millionaires
For the past couple of years the Indian economy has been witnessing a high rise in the rate of startups. The growth rate of this startup business is also very high, with hundreds of them startin
Amendment in Payment of Bonus Act 2015 and increase in salary limit
DEAR ALL,The payment of Bonus (amendment bill ,2015 received the assent of the President on the 31st December, 2015 and now becomes an ACT.The payment of Bonus Act provides for the annual payment of bonus to employees of certain establishments (inclu
How to get the most out of the idle money in your savings account?
Almost everyone has a tendency to save some excess money in his or her bank accounts, to use the same for any unplanned expenses in future, or during any unexpected situations, or even sometimes just as a factor of comfort. For this, a savings accoun
Important Amendment in FCRA 2010
Important Amendment in FCRA 2010 - A precise articleHappy New YearThe FC wing of Ministry of Home Affairs of India has come up with a notification amending the Foreign Contribution (Regulation) Rules 2011 by which shall be known as Foreign Cont
Money Markets
Today,Global economy is lacking of short term funds & many companies are struggling to procure short term capital. Short term capital is very important as day to day worki
Set your goals and make them happen
Having goals for things we want to do and working towards them is an important part of being human. If we want to succeed, we should set goals effectively. Goal setting endows us a yardstick for deciding whether we are really prospering. It helps us
How to choose the right mutual fund option?
Everyone has some or the other kind of financial goals, no matter how big or small these might be, which they want to accomplish. Mutual Funds, here may seem an easily achievable investment option to go for;however one may still be perturbed about ch
How NRIs can make use of Recurring Deposits?
For NRIs looking forward to make huge savings with small monthly investments, the Recurring Deposits seems to be an excellent option. A recurring deposit account is one that enables the depositor to save by paying an agreed fixed monthly sum for a re
How to choose the right term insurance for you?
Over the last few years, term insurance has been gaining huge amount of popularity. With the insurance companies dropping the premium rates, they have also begun with enormous advertising of these policies. Additionally, companies have come up with t
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