What is difference between Garnishee Order and IT Attachment Order ?
Before we discuss difference between Garnishee Order and IT attachment order lets understand what Garnishee means. The term “Garnishee” has been derived from the...
Importance of Crossing a Cheque | Who can cancel the crossing of Cheque?
Importance of Crossing a Cheque – What is the significance of crossing a cheque. How and who can cancel the crossing of cheque? As...
What is difference between White Label ATM & Brown Label ATM ?
Difference between White Label ATM and Brown Label ATM – ATM stands for Automated Teller Machine, is an electric machine which provide ease to...
Difference between Recurring Deposit and Fixed Deposit
Recurring Deposit Vs Fixed Deposit - Before making an investment, we all research a lot that which financial instrument is good for us. Whether...
Difference between Mortgage and Hypothecation
Mortgage vs Hypothecation – Key Differences : Mortgage and Hypothecation, both are used to secure the loan or advance by creating charge on underlying...
General Lien vs Particular Lien – Definition, Example, Differences
Key Differences between General Lien and Particular Lien – Definition with Examples explained in simple words – Before we discuss difference between General lien...
What is Money Laundering – Three Methods or Stages in Money Laundering
Money Laundering Definition – Money Laundering is the process used to disguise the source of funds or money derived from criminal activities such as...
Explained | Positive Pay System for Cheque – How does it work ?
Positive Pay System (PPS) for cheque implemented from Jan 1, 2021 for all cheque payments above Rs. 50,000/- to enhance the safety and combat...
