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What is a Letter of Credit – Definition, Types, and Uses

A Letter of Credit, or LC, is a financial instrument. Banks and similar institutions, such as creditworthy financial service companies, insurance companies etc., issue it as a guarantee payment for goods and services when a seller provides all acceptable documents. There are three participants in a Letter of Credit – the beneficiary, the applicant, and the issuing bank. The beneficiary is the person/company who would receive payment. The applicant is the buyer of goods and services who...

GST: Good for Taxpayers, Bad For Government?

GST Rises Many might be unaware, but the idea of implementing GST in India was introduced under the leadership of the Late Shri Atal Bihari Vajpayee. He appointed an Empowered Committee(EC) in the year 2000, and the committee was tasked with drafting the GST laws. Their and several other's efforts combined finally came to fruition in the year 2017 with the adoption of the Good and Services Tax(GST) Act, 2017. Following the 1st of July, 2017, GST has been in full operation and it seems to have...

Interview - First Impression

Job seekers are always bombarded by advice on what they should do to find a job, but you rarely hear about what not to do when job hunting. Here are the mistakes you should avoid. If you're considering attending a job fair, don't bother. Job fairs are, for the most part, a waste of time. Frequently, thousands of employers will attend these fairs, but they will not accept resumes at the time. Also don't bother earning a professional certification that is not in demand. Before you seek out some...

Get an Organized Wardrobe in 5 Easy-Peasy Steps

With the changing season we change our clothing needs, while we are now in the monsoon season, we have to welcome our monsoon collection in our wardrobes, a little short and a little warm is what needed. So, this is the right time to re-organise the entire wardrobe with the new arrangement for the new clothes.A cluttered wardrobe is not the first thing you wish to see after coming home from work, so let’s get your clutter in place and organise all the seasonal clothes in the best possible...

7 Healthy Foods to Include in Your Daily Diet during Monsoon

  After the Hot and annoying summer, rain is an Amazing experience. In any case, these may be ruined by unwanted health conditions like flu, cold and cough. You would now be able to appreciate those delightful moments without bargaining on your health by giving careful consideration to the food you expend. If you are following a good diet style, make a few changes to your standard eating habit by including those foods that are light on the digestive system, in the meantime peps up your...

Experience The Land Of Jungle Book - Pench National Park

One just has to refreshingly watch the Wainganga river, the royal Seoni Hills and fill with amazement at the beautiful gorge where Mowgli killed Sher Khan (villain tiger of The Jungle Book) - to happily accept the blend of reality and fiction in perfection at Pench Tiger Reserve. The dense wild forests which are a part of "Pench"in Madhya Pradesh were announced as a national park in the year 1983 and a tiger reserve in the year 1993. Situated on the NH-7, Pench National Park is in between the...

Binoy Nazareth Experiences the Passion and Pleasure of Puttu

Go On A Delicious Sojourn Do you want to travel with me to discover a truly flavorsome path? It is said that one needs to share the goodness of life and I intend to do just that by taking you to a practically gourmet destination known for its quintessential and exquisite cuisine. I think by now, everyone has heard of Kerala, a land of stunning scenery, artistic culture and a culinary haven for the foodie. Interestingly enough, the cuisine of Kerala has been influenced by the Dutch, Middle...

Your Free Tax Planner is Just a Few Clicks Away

Tax is a small word, but the value it holds is very high. It is not just an amount of money that you pay the government but is a contribution that you make in the development of the country. Now, tax calculation can be a hectic job and can consume a lot of time if someone doesn't have an idea about how the taxation system works. So, today, we are going to discuss a solution to this problem which is Tax Calculator. So, let's see what this tool is and how it is beneficial for you. What Is a...

The Merits of Functional Manual Therapy over other methods of Treatment

FMT or Functional Manual Therapy is a non-surgical technique which is used to heal physical injuries in the joint or muscles. The post-recovery therapy is being extensively opted by patients for treatments as it’s less painful and follows a more hands-on approach to treat the pain. The integrated evaluation and treatment system consists of a set of exercises that is a key to a faster, painless cure. There are many wellness and sports injuries treatment centres that have opened their doors...

11 Ways Mirrors Can Max Your Space by Creating an Optical Illusion

In every home, you will frequently see the usage of mirrors in the different sections of the house respectively. Most probably you will see the usage of mirrors in the bathroom area or different walls of the house. Well, it is the most amazing thing to decorate your house with. These mirrors are very much attractive in style and they also produce a dramatic look in the complete house. You can use these mirrors creatively by setting them in different sections of the house respectively. It will...


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