Finance
What is Virtual Digital Asset? Virtual Digital Asset meaning Virtual Digital Assets are digital representations of value that can be traded, transferred, or used for payments and investments. Indian currency has been specifically excluded from the definition of VDA under the IT Act, 1961. VDAs include cryptocurrencies like Bitcoin and Ethereum to digital tokens used … Read more
In modern Indian Banking, UPI, NEFT, RTGS, and IMPS are the most preferred modes of payment to transfer money between two bank accounts. These methods of payment facilitate easy ways of transferring money between two bank accounts. In this blog, we will try to understand the merits and demerits of these modes of payment. … Read more
Electoral Bonds: What is Electoral Bond Much hyped Electoral Bond was merely an electronic mode for donating to political parties in India introduced in 2017-18. It was a financial instrument similar to a promissory note redeemable at designated bank accounts of political parties within 15 days of issue. Electoral Bonds were designed to maintain the … Read more
Gratuity Calculator Gratuity Calculator (India) Last Drawn Monthly Salary (₹): Years of Service: Calculate Gratuity What is Gratuity: – Gratuity is the lump sum amount paid by the employer to their employee for their long-term services of 5 years or more. To earn the Gratuity, the Employee must complete a minimum of 5 years of … Read more