Filing Income Tax returns can be considered a universal problem for everyone who earns money. Rich people worry about the taxes. Middle-class wage earners also worry about taxes and eventually try various ways to evade them. But one should not forget, Tax Evasion is illegal and serious offense hence, discouraged…

Taxation has been an important factor in human civilization for a very long period of time. Some of us know why governments impose taxes and collect them periodically. But the majority of us wonder why is it required to pay these taxes. I am anyway paying for the goods and…

In one of the blog posts, I explained the sources through which banks make their money. This post will look at exactly how profitable or loss-making the banking business really is. We have often heard banks keep complaining about the NPA (Non-Performing Assets). I have selected 5 leading banks in…

The world comprises many countries. Each country has its economy and social status. When it comes to Economics, a curious learner likes to compare these countries on various parameters. There are many socio-economic indicators or indexes. Many government organizations collect the data, analyze it and publish it to the general…

Mutual Funds are considered to be one of the best investment instruments from a long-term wealth creation perspective. Because these are systematic plans managed by industry experts. Moreover, they provide a wide range of options for investors. Types of mutual funds differ from country to country. Therefore, I planned to…

India, being a developing economy, looking for every possible way to propel its growth. Going cashless/paperless from being highly dependent on the fiat currency is one of such moves to propel the growth. But with the constant rise in the popularity of Cryptocurrency there were speculation on whether India will…

Citi Bank has decided to close down its consumer banking business in India and 12 other markets. This has been a big move and may have ripple effects in the banking sector. Therefore it is important to look at the reasons and understand why Citi is consolidating its business in…

‘Utility’ a word associated with the consumption of a product/service in the world of economics. Why knowing about utility is important in economics? Because one part of the economics deals with demand and supply as well as individual/group behavior. Imagine a factory keeps on producing the product ‘X’ whereas there…

Money laundering and Cryptocurrency is a dangerous combination. I will try to cover the basic foundation of money laundering and cryptocurrency. Cryptocurrency as a standalone concept is very progressive in theory though it still has many concerns to be addressed. …