Author: Shahrukh Ansari

Audits are a critical component of financial accounting, providing a systematic examination of financial statements and related operations. They ensure that financial reports are accurate, comply with regulations, and reflect the true financial position of an organization. This article delves into the multifaceted importance of audits in financial accounting, exploring their role in enhancing credibility, […]

The banking industry has witnessed remarkable transformations over the years, moving from traditional models to embracing modern technology. Today, consumers have the choice between conventional banks with physical branches and online-only banks that operate exclusively in the digital space. While both serve the same core purpose, they cater to different needs and preferences. This article […]

The initial public offering (IPO) of Vishal Mega Mart, a leading supermart chain, is set to commence on December 11 and will conclude on December 13, with an aim to raise ₹8,000 crore. This IPO is entirely an offer for sale (OFS), meaning that existing promoters will be offloading their shares rather than the company […]

The financial world is vast and complex, often intimidating for individuals who wish to invest or manage their finances efficiently. This is where a SEBI Registered Investment Advisor (RIA) steps in as a trusted professional. In this article, we will explore who these advisors are, their roles, how they operate, and why their guidance is […]

For maintaining a sound financial health, it is important to keep your debt at a manageable level. But, how do you realize when your debt begins to spiral out of control? Luckily, there’s a way to determine whether you have too much debt without waiting until you realize you can’t make your monthly payments or […]

CAS stands for Consolidated Account Statement. This statement can be defined as a document that summarizes investments made by an individual in mutual funds and securities held in demat mode. CAS contains crucial details like net asset value, bank account details, market value of the investment, merger/switching of mutual funds, bonus payments and so on. […]

It is almost impossible to avoid taxes these days. Most of us pay taxes directly or indirectly.  If you are an NRI with investments in India, any income generated from your investments is subject to taxation. You might also be earning income in the country you’re living and working in. This means that you can […]

A weak currency can be caused by a variety of factors, but the main one is typically a country’s economic fundamentals. Countries that rely heavily on exports might actively promote a weak currency to increase exports. Interventions from both domestic and foreign sources can also cause currencies to weaken. In this blog post, we will […]

NEFT full form is National Electronic Funds Transfer. Whereas, RTGS full form is Real Time Gross Settlement. Both NEFT and RTGS are electronic payment systems that allow users to transfer their money from one bank account to another bank account. However, both of them differ from each other. Let’s check out all the key differences […]

The Cash Deposit Machine, better known as Automated Deposit cum Withdrawal Machine (ADWM) is an ATM-like machine that allows you to deposit cash directly into your account using the ATM cum debit card. You can use this machine to instantly credit your account without visiting the branch. The transaction receipt also gives you your updated […]