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Numbers would be written on pieces of paper and put into a matka, a large earthen pitcher. One person would then draw a chit and declare the winning numbers. Over the years, the practice changed, so that three numbers were drawn from a pack of playing cards, but the name "matka" was kept. [2] In 1962, Kalyanji Bhagat started the Worli matka.
Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
Satta gambling or Matka gambling, a form of betting and lottery in India; Swiss Air Traffic Control Technical Association, the association of Swiss Air Navigation Service (ANS) technical professionals; The Pali word for sattva, a sentient being in Buddhism; Mount Satta and Satta Pass, in Shizuoka, Japan
In the United States, payment in lieu of taxes can arise in several ways: Land owned by the federal government is generally not subject to taxation by state or local governments. Under Public Law 94-565, enacted in 1976, the federal government began making payments in lieu of taxation to local governments affected by this reduction in their tax ...
The following morning, nonprofit organizations said they were unable to get into a system used to access federal funds to pay for expenses, like salaries and rent. White House attempts to clarify ...
Freddie Mac reports an average 6.96% for a 30-year fixed-rate mortgage, down 8 basis points from last week's average 7.04%, according to its weekly Prime Mortgage Market Survey of nationwide ...
The dividend payout ratio is the fraction of net income a firm pays to its stockholders in dividends: = The part of earnings not paid to investors is left for investment to provide for future earnings growth.
Covered by the Payment and Settlement Systems Act of 2007 (PSS Act), legislated in December 2007, they are regulated by the Reserve Bank of India (RBI) and the Board for Regulation and Supervision of Payment and Settlement Systems. [1] India has multiple payments and settlement systems, both gross and net settlement systems.