0 According to the new rules, an entity will be considered a startup up to 10 years from the date of its incorporation and registration, up from the earlier duration of seven years. Similarly, an entity will continue to be recognized as a startup if its turnover for any of the financial years since incorporation … Read more WHEN A COMPANY IS CONSIDERED A STARTUP?
1+ EMI’s exceeding 50% of income – A lot many people fall prey to ‘easy EMIs’, ‘discounts’, and ‘sales’. Compulsive spending can strain your finances and push you towards a debt trap. “Some or the other sale will always be on and people who can’t control themselves often end up buying things on EMIs. Fixed … Read more 8 SIGNS THAT SHOW YOU ARE FALLING INTO A DEBT TRAP.
0 Electoral bonds are bearer instruments in the nature of Promissory Notes issued by banks. They can be purchased in any multiples of Rs. 1000, Rs. 10,000, Rs. 1 lakh, Rs. 10 lakh and Rs. 1 crore. Electoral bonds are valued only 15 days from purchase, during which time they can be used to make … Read more ALL ABOUT THE ELECTORAL BONDS.
0 A promissory note is a tool that acts as a “promise to pay” between a lender and a borrower. The legal instrument documents the assurance of repayment by the borrower or payer to the lender or payee. It is a written and signed contract that delineates the terms of the loan repayment, and can … Read more DO PROMISSORY NOTES NEED TO BE A FORMAL DOCUMENT?