What is Video KYC? To enhance the customer identification process, video KYC was first introduced by the Reserve Bank of India. This video KYC is done for every customer while opening a bank account. The video KYC process is initiated either by Micro-ATMs or KYC Registration Agencies. Online video KYC is a 10 minutes documentation …
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India is a country where self-employment is encouraged as a tool to get rid of unemployment. Anyone in India who is 18 years and above can establish and run their own business. India ranks 63rd in the Ease of doing business index in 2020. This index measures factors such as ease of starting a business, …
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What is TAN number? A TAN is a unique number of ten-digits issued in India to persons who are subject to the Income Tax Act, 1961 in order to decrease or levy taxes on the money paid by them. The TDS (tax deducted at source) or indirect taxes levied by India on payments made is …
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Getting a term loan for business has become easy, particularly after the emergence of fintech NBFC companies offering loans in the simplest way possible. Everything happens online with little or no physical interaction. That flexibility and versatility of the loan process without any collateral requirements is enticing people availing loans without much prudence. However, do …
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Trading has expanded throughout time from local marketplace to and beyond national boundaries. Nowadays, the world is a marketplace, with merchants reaching out to make their products and services accessible to every corner of the globe. Nevertheless, standardising products and services were critical to continue commerce on a large scale. The GST system, implemented in …
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It is feasible to do a bank balance check in today’s digital age without physically visiting the bank. Banks have implemented a variety of methods, including SMS notifications, email notifications, online banking. We will demonstrate how to check bank balance without actually visiting a branch in this article. There are numerous methods How To Check …
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India is a powerhouse of resources, a gold mine of opportunities, and a beacon of hope, for every aspiring citizen who wishes to start their own business. Naturally, more and more start-ups and small businesses have emerged over the years, and the number only seems to be on the rise. If your business is one …
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Debt is always seen as a trap which looks like a good prospect with only one way in and no way out. But this is a very traditional thinking which does not hold any weight in present times. The truth is that a well timed and appropriate debt product can help you take your small …
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