Is It Illegal to Have Two Bank Accounts with Different Banks?
Thinking about opening more than one bank account and wondering if it's legal? This article clarifies that opening multiple accounts across different banks is perfectly legal and can be a smart financial move. It offers practical tips on how to manage multiple accounts for different financial goals, the benefits of doing so, and what to watch out for to avoid unnecessary fees or complications.
Increase EMI or Extend Tenure: Finding the Right Balance for Your Home Loan
Deciding whether to increase your EMI or extend the loan tenure can significantly impact your financial journey. Each option comes with its pros and cons, influencing both repayments and overall interest paid. This article delves into the details of each approach, helping you choose the best strategy for managing your home loan effectively.
Does Cancelling a Credit Card Hurt Your Credit Score?
Cancelling a credit card can have unexpected effects on your credit score. Understanding the impact involves knowing how credit utilization, account history, and credit mix play roles in score calculations. Learn how making informed decisions about keeping or closing credit cards can help maintain or improve your financial health. Find out several tips to mitigate the potential negative impact on your credit score. Navigate the pros and cons of credit card management effectively.
Mastering GST Assessment: An Easy Guide to Filing
Navigating the GST assessment process can be daunting, but understanding the steps can make it manageable. This article outlines the necessary procedures, important tips, and common challenges faced by businesses during GST filing. It also includes strategies to simplify the assessment process and ensure compliance with tax regulations. Aimed at both newcomers and seasoned business owners, this guide provides practical insights to help demystify GST assessments.