Author: Shahrukh Ansari

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 […]

Opening a dematerialization account a.k.a demat account allows you to invest your money in securities such as stocks and bonds. There are various stock brokers in India which allow you to open a demat account with them. Angel Broking is one of the oldest stockbrokers in India, and one of the most reliable and reputed […]

For many Indians, a credit card can be a valuable financial tool that offers flexibility in managing day-to-day expenses. Whether you’re paying bills, shopping online, or booking travel, credit cards provide convenience, security, and often rewards for spending. But it’s not just about ease; credit cards help in building a credit history. This is essential […]

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new life cycle plan called Balanced Life Cycle Fund (BLC) under the National Pension System (NPS) in October, 2024. This plan will let people invest 50% of their savings in stocks until they turn 45.  The goal is to help increase the retirement savings […]

After incorporation of the company whether Public limited Company or private limited company registration, there are so many compliances which happen on day to day basis. As the business expands, companies are required to do so many changes which trigger various compliance requirements. Increase in authorised share capital is one of those compliance requirements. Usually, […]

India’s central bank governor, Shaktikanta Das, has skillfully managed a delicate balance: controlling rupee volatility while allowing its gradual depreciation to support Prime Minister Narendra Modi’s export goals.zF The Reserve Bank of India’s foreign exchange reserves have surged to nearly $700 billion, drawing comparisons to China’s buildup two decades ago. Under Das’s leadership—set to conclude […]