Electronic Records Potentially Made Easier by New Proposals in Union Budget 2015

Electronic records potentially made easier in Union Budget 2015

Guest Post by Aditya Kumar at Ashwani & Associates Chartered Accountants Online shopping, have you ever tried it? In today’s scenario almost 90% of the Indians will answer this question with a Big Yes. Digitization – one of the most common things our generation is experiencing. Whether, we talk about the ever-changing trends of online […]

Records & Retention Periods in Indian BFSI companies

Records and retention periods for Indian BFSI companies

EisenVault has surveyed a number of Banks, Insurance Companies and other Financial Services companies in India. Below is a list of common types of records that these companies generate & receive, and the period they are typically required to preserve them. Customer Related Records with typical retention periods of 8 years: Savings Account Opening Forms Current […]

What are Records?

What are Records?

All companies, big or small, private or public, have large amounts of information in paper and electronic form. This information needs to be tracked, stored securely, accessed efficiently and destroyed when it is no longer needed. This is vital for better decision making, lowering overhead costs and meeting regulatory compliance requirements. What is a Record? […]