LLCs or Limited Liability Companies are businesses where the owners are protected against business debts or financial losses as the…
What is Management Accounting? Management accounting or managerial accounting is a special branch of accounting of presenting financial statements to…
All banks today have a presence on the internet. Whether through a mobile app, a website or an internet banking…
What is Core Banking Solution? A core banking solution (CBS) is a software used by banks to manage primary operations.…
Beneficiary activation for a bank transfer takes 30 mins to 4 hrs. Add beneficiaries instantly on RazorpayX & make 24*7 instant payments.
What is a Merchant Bank? Merchant banking is a special branch of banking that provides financial services to medium to…
What is Corporate Account? A corporate account is a bank account one can open in the name of a business.…
What is Current Account? Current accounts are a type of non-interest-bearing bank account used to serve businesses’ day-to-day financial needs.…
TDS is applicable on various payments like contractor payments, salary, commission etc. Check out this blog for TDS rate chart for FY 2022-23 & AY 2023-24.
The zero balance current account is a popular choice for SMEs. But does your business really need one? Read on to find out!