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28 July, 2020

Introduction to digital escrow

by Ashwin Chawwla

Escrow is a common process in any business transaction, which has been around for 200 years. Escrow is money or certain documents or property that is held by a third party, on behalf of the parties that are engaged in a transaction. It is commonly used in a purchase and sale transaction. The escrow

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24 July, 2020

How Escrow can help realtors before starting any transaction

by Ashwin Chawwla

Purchasing a home can be a complicated process and quite overwhelming for a new home buyer. Escrow is a common term in real estate and the home buying process. Escrow accounts are quite facilitative in the business world. And in real estate, an escrow account is widely used for payment related trans

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29 June, 2020

Difference between a Nodal account and Escrow Account

by Ashwin Chawwla

Businesses need certain special types of accounts to operate in a secure and trustworthy manner. Like in an escrow the money is held with a third party until all rightful actions as per the agreement are completed. Escrow is often used in mergers and acquisitions and real estate for safety

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29 June, 2020

Give Escrow advantage to your 80G donations

by Ashwin Chawwla

If you are filing an income tax return in India, you must have heard of 80G. There are various sections in tax law that govern deductions. 80G is one section that is used in case of donations or charitable contributions. The amount donated by you can be used as a deduction from your income. Donation

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26 June, 2020

The Importance of Safeguarding Digital Identities

by Ashwin Chawwla

A lot of people these days have access to the internet and spend a greater part of their day online. We literally live in a digitized world where we do online shopping, access various services and perform money transactions by merely using a username and password. But the internet is also a place wh

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10 June, 2020

How Banks Are Joining Hands With Fintech Players

by Ashwin Chawwla

With the evolution of technology, digitization has touched almost all industries including the banking sector. Everything, from money transactions to banks themselves, have become digital. FinTech basically refers to Financial Technology. FinTech was d

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