The Fundamental Principles of Finance offer a foundational and innovative approach to understanding financial theory. These principles are essential for making informed financial decisions. The five major principles of finance are: Time Value of Money Money today is worth more than the same amount in the future due to its potential earning capacity and the…
The Administration of Union Territory of Ladakh, declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2025 under section 25 of negotiable instruments act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2025 Sunday REPUBLIC DAY 2 26.02.2025 Wednesday MELA DOSMOCHEY (Leh District & Zanskar Sub-Division only) 3 14.03.2025 Thursday…
The Reserve Bank of India (RBI) has mandated the implementation of a beneficiary account name verification system for fund transfers via Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services by April 2025. Currently, payment systems such as the Unified Payments Interface (UPI) and Immediate Payment Service (IMPS) allow remitters to verify the…
The Administration of Lakshadweep declared Public holidays to be observed throughout the UT Lakshadweep during the calendar year 2025 under section 25 of Negotiable Instruments Act 1881. The list of holidays: *April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881.…
The Administrator of Dadra-Nagar Haveli, Daman and Diu, declared public holidays with effect from 1st Jan 2025 under section 25 of Negotiable Instrument s Act 1881. Banks are closed on 01.04.2025 (Tuesday) for the Annual closing of bank accounts. This holiday is not admissible to the Government offices. All Sundays and 2nd & 4th Saturdays…
Govt. keeps interest rates unchanged on small savings schemes for third quarter starting January 1, 2025 The rate of Interest chart for various small savings instruments: Scheme Interest rate for January-March 2025 Interest rate for October-December 2024 Interest compounded Savings account 4.00% 4.00% Annual rest 1-year time deposit 6.90% 6.90% Quarterly rest 2-years’ time deposit…
The Administration of Jammu Kashmir UT in exercise of the powers conferred by the explanation of Section 25 of Negotiable Instruments Act, 1881 declares following days to be public holidays during the calendar year, 2025. Date Day Occasion/Festival Date 26.01.2025 Sunday REPUBLIC DAY 26.02.2025 Wednesday MAHASHIVARATRI 14.03.2025 Friday HOLI (For Jammu Province Only) 27.03.2025 Thursday…
The calendar of Public holidays for the year of 2025 in the state of Tripura under section 25 of NI Acts 1881. Date Day Occasion/Festival Date 23.01.2025 Thursday Netaji ‘sBirthday 26.01.2025 Sunday Republic Day 03.02.2025 Monday Vasanta Panchami 15.03.2025 Saturday Holi 31.03.2025 Monday Id-ul-Fitr/Ramzan 01.04.2025 Tuesday Yearly Bank closing Day 14.04.2025 Monday B.R.Ambedkar Jayanti 15.04.2025…
The Government of Uttarakhand declared following days as Bank Holidays for the year 2025 under the section 25 of N.I.Act 1881. Date Day Occasion/Festival Date 14.01.2025 Tuesday MD.HAZARAT ALI’S BIRTHDAY 26.01.2025 Sunday REPUBLIC DAY 26.02.2025 Wednesday MAHA SHIVRATRI 13.03.2025 Thursday HOLIKA DAHAN 14.03.2025 Friday HOLI 31.03.2025 Monday ID-UL-FITR /RAMZAN 01.04.2025 Tuesday Banks Annual closing of…
The Government of Manipur declared following days of the year 2025 as public holidays. Date Day Occasion/Festival Date 01.01.2025 Wednesday New Year Day 11.01.2025 Saturday IMOMU IRATPA 12.01.2025 Sunday GAAN –NGAI-NI 26.01.2025 Sunday REPUBLIC DAY 15.02.2025 Saturday LUI-NGAI-NI 15.03.2025 Saturday YAOSANG 2nd DAY/HOLI 30.03.2025 Sunday SAJIBU NONGMPANBA (CHEIRAOBA) 31.03.2025 Monday KUTUBA-E-RAMZAN (IDUL FITR) 01.04.2025 Tuesday…