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Adnan Ali

Senior Content Writer

I am a curious person, and Finance is at the top of my list of interests. With more than 5 years of experience in fintech, I am an expert in lending, investment and personal finance. I believe the Devil lies in details, so I dig a lot before writing anything and armed my writing pieces with figures and facts. However, I know the importance of making content easy to understand, so my writing aims to become accessible to everyone. Besides my work, I am passionate about cinema and exploring different cultures.

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The latest articles by Adnan Ali


Voter List Odisha 2024
Updated on Apr 30th, 2024 | 12 min read

Discover all the essential details for getting and handling your Voter ID card in Odisha right here! Whether you're applying for the first time or need to make updates, from downloading your Voter ID online to checking your name on the voter list, whether you're applying online or offline. Checking your application status, and obtaining a duplicate Voter ID card in Odisha, we'll walk you through each step. You'll also find information on who is eligible, what documents you need, and how to easily update your address in a Voter ID card in Odisha.How to Apply for Odisha Voter ID Card Online?Step 1: Visit the official Voters’ Service portal. https://voters.eci.gov.in/Step 2: Select 'Sign-up' and provide the necessary details to create your account on the portal.Step 3: Log in to the Voters’ Service portal using your mobile number and password.Step 4: Navigate to the ‘Forms’ section and choose the ‘Fill Form 6’ option.Step 5: Fill in all the required information on Form 6, including your state, district, parliamentary constituency, personal details, relatives' details, contact information, Aadhaar details, gender, date of birth, address, and declaration.Step 6: Upload all the necessary documents onto the Form.Step 7: Review your filled form by clicking the ‘Preview and Submit’ button. If all details are accurate, click ‘Submit’. Once submitted, the system will generate an acknowledgement number for you to track your application's status.How to Apply for Odisha Voter ID Card Offline?Step 1: Visit the Odisha Chief Election Officer portal and Download the Form 6 available under the ‘Voter Corner’ on Homepage. Alternatively, visit the nearest designated booth in your locality at the electoral office.


Voter List Haryana 2024
Updated on Apr 30th, 2024 | 12 min read

Everything you need to know about obtaining and managing your Voter ID card in Haryana is here! Whether you're a first-time applicant or looking to update your details. From downloading your Voter ID card online to checking your name in the voter list, applying online or offline for a Voter ID card in Haryana, checking your application status, and obtaining a duplicate Voter ID card, we'll walk you through each step. We'll also cover eligibility criteria, required documents, and how to update your address seamlessly. How to Download the Haryana Voter ID Card Online? Step 1: Go on the website by clicking on the following link: https://voters.eci.gov.in/.Step 2: Choose the e-EPIC Download Form from the available options.Step 3: If you're an existing user, log in using your username and password. Complete the CAPTCHA verification and click on 'Log in'.Step 4: New users should opt for 'Sign Up'. Provide your mobile number and enter the captcha code to create your account.Step 5: Type your 10-digit EPIC number or voter ID number and click 'Submit'.Step 6: Your Haryana voter ID details will appear on the screen.


Difference Between Public Sector and Private Sector Banks in India
Updated on Apr 30th, 2024 | 10 min read

In India, the banking sector plays an important role in the economic development of India. Banks are like hubs where people save, borrow, and manage their money. They help individuals, businesses, and the government by providing financial services such as loans, Deposit accounts, and investment options.  There are mainly two types of banks in India - public sector banks and private sector banks. Both types of banks play important roles in India's financial system, but they have different ways of working and offer different advantages. To learn the difference between public and private sector banks in detail go through this guide.What is the Public Sector Bank in India?Public sector banks are those where the government, either at the state or central level, owns more than half of the stocks. These banks are traded publicly, and the government sets all the financial rules for them.


What is Contra Entry: Meaning, Examples, Format, Advantages
Updated on Apr 30th, 2024 | 14 min read

Every day, financial transactions have become so common and automated that nobody cares about the financing mechanics that make them happen. A contra account is needed whenever a transaction involves a physical or digital money transfer, resulting in bank and cash account changes. Contra entry matches credit and debit transactions to maintain balanced ledger accounts. What is Contra Entry in Accounting?Contra entry denotes the shifting of funds between connected accounts. When a beneficiary account is credited, the sender account must be debited accordingly. Contra-entry transactions happen between comparable accounts or using cash related to bank accounts.


What are Treasury Bills: Meaning, Benefits & How to Buy?
Updated on Apr 30th, 2024 | 13 min read

Treasury bills are money market instruments. They are mortgages against which the government borrows money for a short term. Investors get these Treasury bills at discounted prices and redeem them at a higher original amount value at maturity. These bills, also called T bills, are like a promise from the government to repay the money you have lent them. T-bills are straightforward investments with a fixed term, usually 14 days to 364 days. Here, we will explore treasury bills, their features, types, yield calculations, benefits, limitations, and much more.Treasury Bills MeaningTreasury bills are short-term financial instruments issued by RBI on the Government of India’s behalf (GOI) in the form of a promissory note.


Sold Goods for Cash Journal Entry: Meaning and Examples
Updated on Apr 30th, 2024 | 15 min read

Goods sold for cash represent sales of goods or services by a business. Businesses exist primarily to sell their products and services. The production of said products and services incurs costs and results in profits (or losses), which can be known when expenses are deducted from the revenue. To ensure financial accuracy, the journal must be updated immediately to reflect sold goods for cash.What is the Journal Entry for Goods Sold on Cash?Cash sales transactions are one of the most common types of business transactions. Customers pay cash and buy a company's goods or services.


Gross Profit vs Net Profit: Differences, Examples and How to Calculate
Updated on Apr 30th, 2024 | 8 min read

In simple terms, profit is the amount of money a business can generate after subtracting expenses from revenue. A company is said to have grown if its profit for the current financial year is higher than the last year. Two types of profit statements will be present in financial statements – gross profit and net profit. What is Gross Profit?Gross profit is the business's total profit after subtracting all costs associated with manufacturing and selling all products and services. The gross profit is calculated by deducting the cost of goods sold (COGS) from total revenue. Here, the total sales amount includes all goods and services in a financial period, excluding the sales of fixed assets like equipment or buildings. Similarly, COGS includes the cost of manufacture and production, including raw material, labour, repair expenses, shipping charges, production utilities, equipment costs, etc. Gross profit is a valuable indication of a company's effective use of production supplies, labour, and raw materials.


Prepaid Expenses: Meaning, Journal Entry, Examples
Updated on Apr 30th, 2024 | 8 min read

Prepaid expenses are technically a financial asset. Companies pay in advance for services or goods they anticipate to receive in the future. They are called assets because it is a commitment that is expected to add to a business's economic value. Importance of Managing Prepaid ExpensesCompanies must maintain adequate cash flow for prepaid expenses. It is essential for the following reasons:Never miss a product or service – Paying upfront for a product or service will ensure that you will not miss out since vendors are obligated to make the supply for those who paid first. Manage rising costs – With prepaid expenses, you will lock in the price of a product or service, which could be affected by varying market conditions. For example, prepaying for fuel expenses will help you manage increasing costs without additional financial stress. Take advantage of tax benefits – Using prepaid expenses, you can bring down tax obligations.


Activity-Based Costing (ABC): Meaning, Example, Features, Importance, Advantages & Disadvantages
Updated on Apr 30th, 2024 | 14 min read

The method of determining the cost for each production activity is called Activity-based costing (ABC). Computing overhead production costs is crucial for businesses to determine accurate product pricing. While companies focus more on optimising raw material and labour costs, overhead costs are often overlooked. However, optimising overhead costs can also result in overall cost reduction. It will help companies accurately determine product pricing. This blog explores the meaning of activity-based costing (ABC) and highlights its importance. Objectives of Activity-Based CostingAn activity-based costing (ABC) system is useful for finding production costs.


West Bengal Voter list 2024
Updated on Apr 30th, 2024 | 19 min read

The voting for the Lok Sabha election 2024 has started. Polling for the 18th General Election is being conducted in seven phases between April 19 and June 1. The polling for the general election is taking place in West Bengal with a date scheduled as follows: April 19, April 26, May 7, May 13, May 20, May 25, and June 1.West Bengal residents looking to participate in the upcoming elections should ensure they are on the voter list. This article provides guidance on how to locate names in the voter list, download the West Bengal voter list, apply for a Voter ID, and access other important election-related information.How to check Name in West Bengal Voter ListThese steps will help you locate your name in the voter list.Visit the ECI Website:Begin by accessing the Election Commission of India (ECI) website.Navigate to the Elector Menu:From the homepage, find and click on the “Elector menu” tab.Find Your Name:In the Elector menu, click the “Search your name in the electoral roll” option.Input Your Details:Use your EPIC number or Voter ID to search for your name on the electoral roll by entering it into the designated search fields.Alternative Methods for Searching:If you don’t have your EPIC number or Voter ID available, you can still search using other information:Your registered phone number.Personal details like your date of birth, district, assembly area, and information regarding a relative.Procedure to View Name in PDF Electoral RollVisit the Chief Electoral Officer, West Bengal website.Click on the “Electors” and Now go on the “Search your in Electoral Roll”.Use your EPIC number or Voter ID to search for your name in the list.If you don't have your EPIC with you, you can still search for your name using other options like your phone number or personal details.You can use other details such as your date of birth, the district you're in, your assembly area, and details about a relative to find your name on the voter list.How to Apply for West Bengal Voter ID Card Online?Step 1: Access the PortalGo to the National Voters' Services Portal (NVSP) website.Step 2: Initiate Sign-UpClick on the 'Sign-Up' option located at the top right corner of the homepage.Step 3: Enter Your DetailsProvide your mobile number, email ID, and captcha code, then select 'Continue'.Step 4: Set Up Your AccountInput your 'First Name', 'Last Name', 'Password', and 'Confirm Password', then click the 'Request OTP' button.Step 5: Verify Your IdentityEnter the OTP received on your mobile number and email ID, and select 'Verify'.Step 6: Log Into Your AccountClick the 'Login' button, enter your mobile number, password, and captcha, then press the 'Request OTP' button.Step 7: Complete LoginInput the OTP received on your mobile number and select the 'Verify & Login' button.Step 8: Start New Voter RegistrationSelect the 'Fill Form 6' button found under the 'New registration for general electors' tab.Step 9: Fill Out Form 6Complete all required fields on Form 6, including personal, relatives', and contact details, Aadhaar information, date of birth, and address. Attach necessary documents as instructed and click the 'Preview and Submit' button.Step 10: Finalize SubmissionReview all details for accuracy and click 'Submit' to complete your registration.How to Apply for Voter ID Card in West Bengal Offline? Follow these steps to obtain your Voter ID card:Visit your nearest Electoral Office and request Form 6.Complete Form 6 with all required information.Attach required documents to Form 6 and submit them at the Electoral Office.A Booth Level Officer may visit your home to verify application details.Upon confirmation of details, your Voter ID card will be mailed to your registered address.Documents required for Voter ID cardOne recent passport-size photograph.Aadhaar cardPhoto-copies of Proof of Date of Birth document.


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