Return on Assets (ROA) is one of the most important profitability ratios that indicates the efficiency of a company in utilizing its assets for profit generation. Rather than being limited to either revenue or net profit only, ROA relates the…
Even if the dollar is the number one currency in international trade, there are quite a few less popular currencies that are much more expensive than the dollar. Currencies have become a main signal of economic stability during a time…
The Aadhaar card serves as a vital identity proof in India, linking individuals to various services and benefits. Keeping your mobile number updated on your Aadhaar is essential for receiving One-Time Passwords (OTPs) for secure verification, accessing government schemes, and…
In today’s world, banks and other financial institutions offer a variety of payment methods, including debit or Credit cards, cash, bank transfers, cheques, and demand drafts. Each payment method has a unique feature, and each has its advantages and disadvantages. …
Keeping track of your car loan balance is crucial for effective financial planning, and monitoring your loan status on a regular basis benefits you in the following ways: Effectively plan your EMIs to ensure on-time payments and prevent penalties. Get…
An Income Tax Return (ITR) is a formal document that taxpayers submit to the Income Tax Department, detailing their income, expenses, and tax liabilities for a specific financial year. Filing an ITR is crucial as it ensures compliance with tax…
Aadhaar has become mandatory for accessing various subsidies, banking services, and government programs in India, including Delhi. To ensure secure and accurate identification, biometric authentication is a key requirement for Aadhaar users. The UIDAI has established specific regulations in Delhi…
The tax imposed on gains obtained from the sale of a capital asset held for a brief period of time is known as the Short-Term Capital Gains (STCG) Tax. In India, the gain from the sale of an asset is…
A Unified Payment Interface (UPI) is a digital payment system that allows the user to transfer money instantly from one bank to another using just a UPI ID or mobile number. It frees you from the need to visit the…