GST Calculator

GST calculator is used to calculate how much tax is to be paid for every product and service, after the implementation of the new tax system, GST. Tax levied at 4 different percentages that 5%, 12%, 18%, 28% based on the type of product and services.[...] read more

What is SIP and its benefits

‘Savings for the future’ became essential to every person. One can save money in many forms, like FD, Mutual funds, etc. One of the smartest money saver plans is SIP. Planning to save a bulk amount needs some investment. Large investments are not possible to all.[...] read more

NEFT vs RTGS

Banking became very easy after the advancement in online transactions. Online banking transaction creates new waves in banking industry. The transactions are done through NEFT, RTGS and other modes, electronically with the use of Internet.[...] read more

What is IMPS

IMPS means Immediate Payment Service which is a real time inter-bank fund transfer offered by NCPI. Initially there were four banks participated in this system. They are SBI, ICICI, BOI and UBI. And now, most of the leading banks are joined.[...] read more

What is GST in India

GST is the short form of Goods and Services Tax which is an indirect tax levied on consumer products and services. It has been a great reform on the tax system of India. In order to eliminate the tax over tax on goods and services, it is introduced.[...] read more

What is MICR Code

MICR is the short form of Magnetic Ink Character Recognition Code which is located at the bottom of the cheque which is known as MICR line. It is a nine digit numeric code printed in magnetic ink. With the help of MICR code, we can identify the bank and the branch. And also the MICR code printed on the first page of bank account book.[...] read more

What is IFSC Code

IFSC Code brief explanation

IFSC Code is Indian Financial System Code, which is an eleven character code assigned by RBI to identify every bank branches uniquely, that are participating in NEFT system in India. This code is used by electronic payment system applications such as RTGS, National Electronic Fund Transfer and CFMS.[...] read more

Car Insurance

Car Insurance Guide

Car insurance is useful to protect your vehicle against damages incurred in unavoidable instances. It is a common type of general insurance and also known as motor insurance or vehicle insurance. This insurance plan covers against your car theft, fire, explosion, financial loss caused by accidents and any subsequent potential liabilities. The insurance premium value based on some criteria’s like car value, coverage type, excess voluntary, classification of vehicle etc. Car insurance can give the confidence while driving peacefully. In case any emergencies, it will acts like a helping hands to the insurance holder.[...] read more

Forex Trading Introduction

Forex Trading Introduction

Forex (Foreign exchange) trading is known as trading different countries currencies each other which means buying and selling currencies/money. This can do through broker or online by choosing currency pair. The value of world currencies fluctuating in all times and don’t have a fixed exchange rate. The investments of forex trading deal with four major pairs. They are Euro against US dollar (EUR/USD), US dollar against Japanese yen (USD/JPY), British pound against US dollar (GBP/USD), US dollar against Swiss franc (USD/CHF).[...] read more

Term Insurance

Term Insurance Guide

Term insurance is a pure life cover low cost insurance with high risk cover at fixed payments for a limited period of time(such as 10, 20, or 30 years). When compared to permanent life insurance, initially term insurance is less expensive and high returns. By given period of time term life insurance provides a better amount of protection against the death of an individual. Peoples who are looking for insurance plan on short term basis can get more benefit from term insurance.[...] read more