Demonetization and Impact

Now we are going to discuss, how the Demonetization has affected the different sectors in India. Origin of the word Demonetize:- In Mid-19th century, the demonetize word has come from French word démonétiser whereas the word ‘dé’- is expressing reversal and the word ‘moneta’ is a Latin word which means ‘money’. What is Demonetization? The…


Income of Credit Card Companies

How Revenue Comes to a Credit Card Company Most of the people are curious to know that how a profitable revenue comes to a credit card companies like ICICI, SBI when I am paying my credit card payment dues on time. Credit card companies are giving rewards points to us as well on every transaction.…


Foreign Account Tax Compliance Act

Introduction: In the year 2010 U.S. government introduced Foreign Account Tax Compliance Act. Some of the pepole of US investing and doing transaction outside United States and not paying any tax to US Government. For covering these people and to over come such tax loss due non payment of tax to US Govenment, on 18th…