The Reserve Bank of India’s (RBI) announcement of a 50-basis point (bps) increase in the policy rate – the second consecutive increase – is on track with the background of chronic inflation, global headwinds, and macroeconomic circumstances.” The prolonged rise in inflation, which reached 7.8 percent in April 2022, was caused by supply chain interruptions caused by the global geopolitical crisis. The RBI has been steadfast in its goal of mitigating the impact of inflation on financial growth by raising interest rates and gradually withdrawing liquidity.… Read more
Know all about Foreign Exchange Management Act (FEMA)
Have you ever considered why the government needs foreign currency while the people remain in India? Consider someone who lives in India and wishes to travel abroad for work, travel, education, migration, or any cause that necessitates the use of foreign currency. Similarly, if someone lives outside of India and wants to visit here for identical reasons, he or she will require Indian currency. If an Indian resident leaves the country, this is an outflow of foreign currency, and if a person travels to India, this is an influx of foreign currency.… Read more
Know the differences between Caveat Petition and Legal Notice
Tags: Legal
What is a Caveat petition
A caveat petition is a criminal notice filed with the judge by an engagement party to protect their interests in a specific case. The petition is a method to prevent another party from taking any action in a be counted without first giving notice to the relevant party. It can be utilized to prevent someone from doing any additional action that might harm the character who filed the caveat petition.… Read more
Pradhan Mantri Mudra Yojana Loans
Tags: Home Loan
The Pradhan Mantri Mudra Yojana is open to any interested recipient who wishes to start their very own business and is searching for a bank loan to help them grow. Before the establishment of this plan in our country, marketers had to go to banks to hunt for loans to start their very own enterprises, and they had to face many difficulties, but they couldn’t receive a mortgage without a guarantee. With PMMY, all businesses may be able to readily obtain financial institution loans of up to Rs 10 lakh by 2022.… Read more
Nepal and India’s infrastructure rules are “wildlife-friendly,” but not for birds
Tags: IndiaInfrastructure
Various studies have shown that forest sections within the Indian subcontinent are becoming increasingly fragmented due to factors such as the development of roads, power lines, and trains.… Read more
All About Section 115BAC New Tax Regime
During his Budget 2020 address, India’s Finance Minister announced the addition of a new section 115BAC to the Income Tax Act of 1961. Section 115BAC of the Income Tax Act becomes effective in FY 2020-21, and it provides a new and non-obligatory gains tax system for HUFs and individuals.… Read more
Misgivings And Working Under Austerity
Austerity consists of a collection of fiscal plans used by a government to reduce public debt. Governments adopt this action when their public sector debt is massive and there is a high probability of failure or incapacity to repay the loan and meet commitments.… Read more
Real estate vs. FD Where should I put my savings?
Tags: FDReal EstateSavings
Are you looking at ways to maximize your return on investment? If you are persistent and want a safe investment, a Fixed Deposit (FD) is an appealing alternative. On the other hand, if you want to acquire an asset that will appreciate over time, you might explore investing in real estate. … Read more
Understand The Laws And Circumstances Before Purchasing Property In The Name Of A Minor
Tags: Real EstateRealty Guide
A property transaction is only feasible if the buyer is over the age of 18. He is required to sign the contract and deeds. According to the Indian Majority Act of 1875 and the Indian Contract Act of 1872, a minor under the age of 18 is not entitled to sign any instrument relating to property transactions. It can only be performed when a guardian or parent legally responsible for the child is permitted to sign.… Read more
Significance of child-centered residential projects in metropolitan areas
Over the previous two years, the COVID-19 epidemic has left children trapped at home. Whilst it subsides and schools restart, the epidemic has highlighted the necessity for ‘child-centric’ urban residential constructions, providing the term with a whole new definition.… Read more
