Help build a healthy Credit score – Responsible credit card usage helps establish and improve your credit history, enabling access to better financial opportunities in the future.
EMI Facilities – Credit cards allow you to convert large purchases into manageable monthly installments, making it easier to afford expensive items.
In build grace periods – Credit cards often offer grace periods, giving you time to repay your balance without incurring interest charges.
Protection from unauthorised purchases– Credit cards come with fraud protection, ensuring you won’t be liable for unauthorized transactions.
Track your spending – Credit card statements provide detailed records of your expenses, aiding in budgeting and financial planning.
Reward Programmes – Many credit cards offer reward points, cashback, or discounts, providing benefits for regular card usage.
Sign on bonuses – Some credit cards offer enticing sign-up bonuses, such as reward points or cashback, for new cardholders.
Cards are universally accepted – Credit cards are widely accepted worldwide, allowing convenient and secure transactions in various locations.
Use the right card for the right purchase – Different credit cards offer specific rewards or benefits for various spending categories, maximizing savings.
Balance Transfer – Credit cards may allow you to transfer balances from higher-interest cards to lower-interest cards, helping reduce debt burdens.
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.
The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and the remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance, and other stakeholders.
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