Khata, in general parlance, means an account. In the realms of real-estate, Khata is an account of the owner of a property. Khata Certificate and Khata Extract are documents provided by the Bruhat Bangalore Mahanagara Palike (BBMP) to the owner of a property to assess the property taxes indebted by the latter. These documents serve…
Carrying cash to make and receive payments for goods and services is not only impractical but also risky. Though it is easier to make payments through cash and credit cards in daily life, negotiable instruments are preferred by people in place of cash in business. In businesses there are several payments made in a day…
The Reserve Bank of India (RBI) came out with a new set of rules at the beginning of August regarding changes to the banking rules. One such change affects people who depend on cheques, specifically their cheque books. With the new change, the central bank has put it forth that the National Automated Clearing House…
