Advantages and Disadvantages of Computerised Accounting
Computers offer many advantages, such as increased productivity, efficient data management, and access to vast information. However, they also have disadvantages, including the risk of cyber-attacks, reduced physical activity, and potential over-reliance on technology, etc. Let us study here in detail. Advantages of Computerised accounting: Disadvantages: Related posts: WHAT IS THE MEANING OF COMPUTERIZED ACCOUNTING?…
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Bank holidays 2025: Punjab, Haryana and Madhya Pradesh
The holiday declared under the NI Act applies exclusively to the banks located within the administration area of specific State and Union Territories. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions like other working days.Find the holidays for 2025 in the under-mentioned states…
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Bank holidays 2025: Punjab State
GOVERNMENT OF PUNJAB, DEPARTMENT OF PERSONNEL,(PERSONNEL POLICIES-III BRANCH) vide notification No.06/01/2024-2PP3/677 dated 11.12.2024 declared that the following days shall be observed as Holidays under Section 25 of the Negotiable Instrument Act, 1881 (Central Act XXVI of 1881)in the State of Punjab during the year 2025:- The list of holidays Date Day Occasion/Festival Date 26.01.2025 Sunday…
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Bank Holidays 2025: Haryana State
Human Resources Department, Government of Haryana in its order No.28/67/2008-1HR-I dated 26.12.2024 has released the Holiday Calendar for the Year 2024. The letter conveyed that the holidays enumerated in the schedule below shall be observed as public holidays under the explanation of section 25 of the Negotiable Instruments Act 1881 List of holidays Date Day…
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Banks’ balance sheets sojourn strong, bad loans waning: RBI report
The financial position of commercial banks in India has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday (26.12.2024). Banks have also cleaned up their balance sheets in recent years by selling bad loans to…
Bank Holidays 2025: Puducherry, Karaikal, Mahe, and Yanam Regions
The Lieutenant Governor, Puducherry vide G.O.Ms.No.88 Puducherry, dated 25.11.2024 declared under mentioned days as Bank holidays, by the explanation to section 25 of the Negotiable Instruments Act 1881. Date Day Occasion/Festival Date 01.01.2025 Wednesday New Year Day 14.01.2025 Tuesday PONGAL 15.01.2025 Wednesday THIRUVALLUVAR DAY/MATTU PONGAL 26.01.2025 Sunday REPUBLIC DAY 31.03.2025 Monday EIDUL-UL- FITR (RAMZAN) 01.04.2025…
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