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Credit card businesses in India: An Overview

Posted by CA Ranganatha Achar K 07 December 2021 2358 Views

A credit card is a simple card that allows the owner to spend and make purchases without immediately having to make any payments. It is a thin rectangular piece of metal or plastic issued by a financial services company or by a bank. Credit cards impose a condition that the card holders pay the borrowed money along with any annual charges by the end of the credit period.



What PMC bank’s different classes of depositors, creditors would get if the proposed Scheme of amalgamation is approved?  

Posted by Shivaprasad Laxman Chhatre 03 December 2021 5365 Views

After a big fraud that was reported, in September 2019, inspections conducted by RBI showed complete erosion of capital and substantial deposit erosion of the bank.



How to be Eligible to Avail a Credit Card

Posted by Suhasinipro badge 03 December 2021 3236 Views

Credit card use has increased in India with more than 52 million people using credit cards. Recently, due to the frequency of online and contactless payments, credit cards have risen in the popularity charts. More Indians rely on credit cards for purchases/payments from groceries to utility bills.



My fight with depression

Posted by CA Anurag Sharma 03 December 2021 3046 Views

Take time for yourself. Understand yourself. Don't be ashamed to share your mental situation with people around you.



Why do some organizations fail?

Posted by CA Anurag Sharma 02 December 2021 1612 Views

There are multiple reasons that why organizations fail. The main reason is when companies dont believe in delegation of duties or hire employees without any thought process.



PLI scheme for the Pharmaceutical Sector

Posted by CS Lalit Rajput 30 November 2021 2484 Views

A Production-Linked Incentive, or PLI scheme, provides incentives in the form of tax rebates, import and export duty concessions, or maybe easier land-acquisition terms, etc. to companies in order to boost domestic manufacturing.



Steps to Register a Geographical Indication in India

Posted by Taxblock 24 November 2021 2932 Views

Geographical Indications is covered under Articles 22 to 24 of the WTO Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement that was part of the Agreements that concludes the Uruguay Round of GATT negotiations. India follows the provisions Geographical Indications of Goods (Registration & Protection) Act, 1999.



Doctrine Of Ultravires, Indoor Management And Constructive Notice

Posted by Taxblock 24 November 2021 11893 Views

The doctrine of indoor management is contrary to the doctrine of constructive notice.



Suicides by Business Community - Causes and Remedies

Posted by T.R.Radhakrishnan 22 November 2021 3855 Views

I happened to scan through the statistics furnished by National Crime Records Bureau (NCRB) in their web site regarding the suicides committed by business people which prompted me to undertake an insight into the debt recovery approach and methods adopted by the banks and financial institutions



Embracing change

Posted by CMA Mrudula M 19 November 2021 1810 Views

Change is the norm of life on Earth. Change is inevitable.




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