Many credit cards often tempt users into closing their cards for good reasons. High annual fees, excessive debt, poor spending habits, or simply having too many cards to manage may cause cancellation to look like a smart choice. Some may…
Before ATMs, accessing funds from your bank account means visiting a bank and standing in long queues that too during the limited operation hours. However, the introduction of ATMs made the whole process convenient. The Automated Teller Machine (ATM) became…
Tamil Nadu Ration Card is one of the major documents that enable families below the poverty line to procure ration at a minimal cost. Distributed by the state food department, the ration card can be applied online or offline at…
Understanding the distinction between fixed capital and working capital is essential for a business owner to ensure the smooth running of the business and effective management. These two forms of capital serve two different purposes, but they are interconnected to…
The Goods and Services Tax, or GST, was introduced in India in 2017 to streamline the tax system and reshape how tax is charged on goods and services. Since then, it has affected various industries in the country, including the…
A term loan is a type of financial borrowing where the borrower gets a lump-sum amount and repays it in the form of instalments over a predefined period. These loans are important for small businesses as they provide access to…
The NPHH ration card, also known as the Non-Priority Household ration card, is classified under the Public Distribution System (PDS). It is issued to those families who do not qualify for the PHH ration card. According to the guidance of…
The Below Poverty Line (BPL) is a framework in India that sets the standard to identify the people who are surviving and living in extreme poverty. This helps to identify the people who need attention and access to various government…
GST, or Goods and Services Tax, is a unified tax system implemented in India in July 2017. It replaced multiple indirect taxes and impacted various industries, including the financial sector. In times of monetary crunch, a personal loan is a…