Chartered Accountant and Co-Founder at ProfitBooks.net. Mohnish actively tracks Startup ecosystem in India and often writes about Finance and Accounting. Follow him @mohnishkatre

e Rupi

What is e-Rupi?

Prime Minister Narendra Modi launched an electronic voucher-based digital payment system “e-RUPI” on August 2, 2021. The platform will be a person-specific and purpose-specific payments system. The launching of e-Rupi confirms India’s first step towards having a digital currency in the country. Let us dive into the basic understanding of what e-Rupi is and how…

Balance Sheet

What is a Balance Sheet? 

Have you ever wondered how investors and other interested parties assess the financial position of companies before they become shareholders? Alternatively, how do shareholders make informed decisions regarding a company? Parties interested in a company carry out a financial statement analysis to make these decisions. An analysis of financial statements would include a study of…