To transfer money electronically (without cash, cheque, etc.) from one bank account to another, the most common options are NEFT and IMPS apart from a lesser known option RTGS which can be used only for high valued transactions (minimum limit for RTGS is 2 lakhs).
While transferring money, most of the people are confused about IMPS vs NEFT and at last choose something at random. For the best results, it is important to understand the difference between NEFT and IMPS in detail and only then choose what is best for your need.
EPFO (Employee Provident Fund Organization) manages the India's primary social sector scheme called EPF. As part of EPF (Employee Provident Fund) management process, the employers / companies need to regularly file ECR return, create Challan, and pay the EPF amount collected for the employees.
Lately EPFO has been working on optimizing its digital footprint and it now allows EPF Online payment ...
EPF (Employee Provident Fund) is India's main social security scheme and is managed by EPFO. It has more than 4 crore members and a portion of their salary is deposited into their EPF account monthly. This article provide details on how to check EPF status online including the balance status or claim status if the member has filed for an EPF claim.
LIC (Life insurance corporation of India) is India's premier insurance provider and has wide coverage across the length and breadth of India. Since its inception, LIC has supported a large number of merchants and agents who aid the registration and premium collection. LIC is the biggest insurance provider in India and its asset value is approximately ₹2,009,119 crore as of 2016.
LIC (Life Insurance Corporation of India) is India's biggest insurance provider, providing services to more than a crore of people covered. LIC is a public company owned by Govt of India and have wide coverage across India. Over last few years, LIC has been having a decent number of online services that allow you to register for a new policy, pay your premium online etc. Even though quality of the lic site remains sub optimal, it provides useful services to crores of people having LIC policies. This article covers details on how to do LIC login, registration, and avail online services offered by LIC.
Once you bought an insurance policy provided by LIC (Life insurance corporation of India). it is important to track your policy status and pay your premium on time. There have been many people who have to let go of their policy benefits as they have missed paying one or other lic premiums on-time. Even if you have paid your lic premium to an lic agent or merchant, it is important to track your lic premium payment status to ensure that premium has been successfully deposited to LIC.
Now-a-days there are multiple method to check your LIC premium payment status and LIC policy status. Though, our recommendation is to make LIC online payment of premium, so that there is no confusion at all.
Now-a-days GST related news are there everywhere and especially with India's finance minister Arun Jaitely trying to iron out last remaining differences between center and state on GST finer points and implementation. But what is GST? What's its meaning and relevance to ordinary citizen (aam aadmi), to a businessman, and to a finance professional.
GST full form is Good and Services Tax and its a landmark bill in the history of taxation in India.
GST (Goods and Service Tax India) is a ground breaking indirect tax revamp in India. As per current understanding, GST is going to be effective from June 2017 replacing earlier state-wise VAT and central service tax taxation in India.
From layman perspective, GST India has an huge impact on how companies conduct their business, how they raise invoices, how supply chain works etc. First, the ...
HSN full form is Harmonised System of Nomenclature and it is standardized system of name and codes to classify different products. It is a global coding system used by WCO (World Customs Organization) and a variant of this HSN code is being adopted for GST India (Goods and Service Tax India).
In the GST, HSN codes are proposed to identify products and these HSN codes will need to be mentioned on...
India is one of the fastest growing major economy in the world. Key factors behind this growth are - a big pool of working-age population; rising education and engineering skill levels; and a rapidly growing middle class. However, the downside of having a massive population of more than 121 crores is that India continues to face the challenges of poverty, corruption, malnutrition, and inadequate ...