Types of loans in India

There are various types of loans you can take in India. However, a lot of people despite having different kind of assets go for personal loan even if they have other options where they can mortgage an existing asset and take a loan at lower interest rate. This happens because majority of us don’t know about different loan options. Loan is a certain amount of money which a borrower takes from the lender with the promise of returning it back within a fixed period of time. A certain amount of interest rate is fixed by the banks for different types of loans as applied by the borrower. The borrower pays back the interest and the money in installments according to the agreement between the two. Banks in India provide many types of loans to help. Process…
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BLACK MONEY ON INDIAN ECONOMY

IMPACT OF BLACK MONEY ON INDIAN ECONOMY Illegally earned money is called black money.  It is the result of hoarding, smuggling, tax evasion and dealing in immovable property for which the consideration is paid in black.  It has been beyond the control of the Government.  The black money has already created a serious problem in our country. The Indian economy stands badly shattered because of the huge amount of this trainted wealth lying in the coffers of the rich.  It has given rise to parallel economy operating in the country. As a becoming poorer while the rich go on becoming richer.  The gap between the haves and the have-nots is widening every day. Black money is used by the rich in various evil activities.  They use this money for corrupting and demoralizing social and political life. …
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Government employees’ gross salary calculation

What is the meaning of Rs 5200-20200 & grade pay Rs 1800 given by the government? Government employees' gross salary is sum of different components. 1. Basic Pay 2. Grade Pay 3. Dearness Allowance 4. House Rent Allowance 5. Other miscellaneous allowances Basic pay is written in format: Number1 -  percent -  number2 Number1 - It is the basic pay at which your salary is calculated when you are appointed. Number2 - It is the maximum basic pay a person can receive in a designated post. Percent - To compensate for inflation, an increment is added to your basic pay after a fixed period. This increment is in percent of your current basic pay and the fixed period is usually a year. Grade Pay : Apart from basic pay, government employees receive grade pay which depends…
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Promote a Business with these 15 Website

How to Promote Your Business Online For Free ?. Simple Dont Panic. The Internet is teeming with marketing platforms that don't cost a dime—you just need to know where to look. You may not have wads of cash to spend on marketing in the early stages of your startup, but that doesn't mean that there aren't effective ways to get your brand out there. Before the Internet, small businesses only had a few ways to market their products cheaply, through methods like printing out fliers or sponsoring little local events. Now there are all kinds of opportunities out there on the Web—you just need to know where to look. Here are seven ways to promote your business online that won't cost you a dime: 1. Use the three big local listing services Registering your business with Google…
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