All Posts in "Month: January 2025"

What is the Process for Generating an E-Way Bill?

In India, you are required to generate e-way bills in the prescribed EWB-01 format when the value of transported goods exceeds Rs. 50,000. You can easily generate such e-way bills using the E-Way Bill (EWB) portal. It is an online platform that allows you to:

  • Generate single or consolidated e-way bills
  • Update the vehicle number if the mode of transportation changes
  • Cancel previously generated e-way bills

Alternatively, you can also create the e-way bills by sending specific SMS codes or through e-Invoicing (bills are auto-generated using e-Invoice systems). 

Still confused and want to know more? In this article, let’s understand all these three modes of generating e-way bills in detail. 

Some pre-requisites valid for any method of generation

Before generating an e-way bill, you must meet the following requirements:

  • Registration on the EWB portal

You must be registered on the EWB portal. Without registration, you cannot access the system to … READ MORE ...

Jonathan Tucker by — January 31, 2025 in Online Services
The Pros and Cons of Long-Term vs. Short-Term Fixed Deposits

Fixed deposits (FDs) have been a cornerstone of financial planning for Indian investors, offering a safe and reliable way to grow money. With guaranteed returns and flexible tenures, FDs cater to a variety of financial needs, from building an emergency fund to planning for retirement. However, one crucial decision when investing in FDs is choosing between long-term and short-term deposits. Each option has its own advantages and disadvantages, depending on your financial goals, risk appetite, and liquidity needs. Tools like an FD rate calculator can help you compare returns and make informed decisions. This article explores the pros and cons of long-term versus short-term FDs, offering insights to help you choose the right option.

What are fixed deposits?

Fixed deposits are investment instruments where you deposit a lump sum with a bank or financial institution for a fixed tenure. In return, you earn a fixed interest rate, which remains unaffected … READ MORE ...

Jonathan Tucker by — January 28, 2025 in Financial Statements