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I am using Paytm First Credit Card since the year 2019, the Paytm First Card was issued by Citibank. In May 2019, Citibank and Paytm launched their Co-branded Paytm First Credit Card. This card is issued in the Visa category, generally, every…
Recently, I received an offer from HDFC Bank regarding the upgrade of my HDFC Bank Money Back Credit Card to HDFC Bank Regalia Credit Card. This upgrade was free of cost to me. Credit card upgrade is at the sole discretion of the bank, for the upgrade the bank sees…
After Bajaj Finserv and RBL Bank presented a CA SuperCard which was exclusively designed for Chartered Accountants, now, Bank of Baroda has come up with the Exclusive Credit Card for Chartered Accountants (CAs). Chartered Accountants (CAs) can now experience exclusivity…
The stock statement is prepared to arrive at the actual Drawing power (amount which can be borrowed by the company from the bank) based on the actual quarter/month-end level of inventory & receivables. Banks require a stock statement on a…
Who could have thought that Payment of Credit card bills could also get you rewards, (except Kunal Shah) who made it possible? Kunal, who founded Freecharge in the year 2010, after selling the Freecharge to Snapdeal in the year 2015,…
Ratio analysis means the process of computing, determining, and presenting the relationship of related items and groups of items of the financial statement. Ratio analysis is a concept or technique which is as old as the accounting concept. Ratios are…
A dividend is a share of profit given by a company to its shareholders out of current or accumulated profits. Section 115-O of the Income Tax Act 1961, provides that, In addition to the income-tax chargeable in respect of the…
ITC Statement Form GSTR-2B has been made available on GST Portal for the taxpayers. The GST Council, in its 39th meeting held on 14th March 2020, had recommended to adopt and implement the incremental approach of linking the present system…
Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay…
Today on 13th August 2020, Prime Minister Shri Narendra Modi launched the platform for “Transparent Taxation – Honoring the Honest”. PM Modi said, “The new platform launched has major reforms like Faceless Assessment, Faceless Appeal and Taxpayers Charter. Faceless Assessment…