Pain of Rs. 1000 Note

In a surprise move on 8th November, our PM announced the demonetization of existing series of high denomination notes of Rs. 500 and Rs. 1000 from the coming midnight. In simple words, the Govt. effectively made Rs. 500/ Rs. 1,000 notes non-eligible for any market transactions with almost immediate effect. While this move attracted lots…

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9/11 Moment for Black Money in India

While I was out for dinner with my friends a couple of days back, my mobile started ringing with constant message and Whatsapp notifications. The pace of messages was indeed alarming for me to make a quick check on what had really happened. I could read just a couple of notifications and all were providing…

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A New Season, A New Beginning!

With a new season of Blogbuddy unfolding, it is now the time to take the real thing, the blogging thing to the next level. While I have been a part of Blogbuddy v1.0 and v2.0 as well, the activities mostly remained confined over the discussion part and the execution part was missing therein. Even though…

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India at Rio Olympics 2016

I woke up today at the news of the wrestler, Sakshi Malik ending the medal jinx haunting the nation and finally opening accounts for India’s medal tally at Rio Olympics 2016. These games have brought more disappointments than positives for India, which had sent its largest contingent ever to Olympics. In the majority of the…

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An Autobiography of Patriotism

While the whole nation is celebrating its 70th Independence Day, I happened to notice someone at the Central Park, Connought Place, New Delhi, sitting silently and not interacting with anyone. When I got a bit closer, she seemed a bit upset. She introduced herself as Deshbhakti aka Patriotism. She put her heart out before myself…

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Reliving Old Days!

There was a time when we used to find meaning to our endless meaningless talks. There used to be a time when we need not check the time to meet our friends. While we have gotten so busy in our own daily routines, somewhere in our hearts, we always desire to get back to our…

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Accounting for Staff Loans

Financial reporting in India is expected to change tremendously due to applicability of Indian Accounting Standards since current Indian GAAP (Generally Accepted Accounting Principles) are divergent from the notified Ind-AS in many respects. One of the articles written by me on the subject also got published in The Chartered Accountant May 2016 issue. The article…

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Zero Bank Balance!

Z stands for ‘Zero’ and since it is the last day of the month, this is the figure many of my salaried friends see when they check their bank accounts. this is a sad reality for many of my salaried friends. It often happens for them that the last 5-7 days of the month are spent…

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Avoid these Typical Y-Gen Habits

Money management can indeed be taken well care of especially when one is young. As one grows old, inspite of the growing earnings, the expenses grow multifold due to increasing responsibilities. So, while it is difficult to enhance the savings quotient at a later stage, it becomes difficult to control the expenses either. So, make…

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Wish to Travel Happy – Some Money Tips

While travelling is the love of the world, the money factor does not allow many of them to travel to the destinations they desire. However, it is more about managing the trip well so that you get the best value out of your money. What matters the most is how you plan your trip and…

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