Important Things To Know About GST Rates on Gold, Garments And Others

The gold GST rate is something that the general public cares the most about owing to high demand. Currently, gold faces a tax rate of 3%. This rate is almost similar to the rates previously applicable before the implementation of Goods and Services Tax. However, there are various ways how the new GST rate on gold will affect. Other than gold, ready-made clothing comes with … Continue reading Important Things To Know About GST Rates on Gold, Garments And Others

What are the Pros and Cons of GST for MSMEs in Indian Budget 2019?

Goods and Services Tax (GST) has been one of the major reforms in India. This tax has levied many indirect taxes on various Micro, Small and Medium Enterprises (MSMEs) by State and Centre Government, including VAT, service tax and excise. However, there are both pros and cons of implying GST on MSMEs: Pros: The major advantage of GST benefits according to 2019 Interim Budget is … Continue reading What are the Pros and Cons of GST for MSMEs in Indian Budget 2019?

Top 4 Secure Investment Plans You Can Start with in India

Investing money is very important; you might have enough for today but someday you’ll have to struggle due to lack of sufficient money for survival. Your savings today is your income for tomorrow. If you understand the concern, find out fitting savings schemes and start investing money. The amount doesn’t matter, eventually your investment budget will grow and you’ll be able to invest more. Why … Continue reading Top 4 Secure Investment Plans You Can Start with in India

What are the Advantages of GST in India After New GST Exemption Limit?

While the advantages of GST in India are still being debated, the GST Council in its 32nd meet has proposed some major changes. The Council has increased the Goods and services tax exemption limit from the current Rs. 20 lakh to Rs. 40 lakh for other states, while doubling the exemption limit to Rs. 20 lakh from Rs. 10 lakh for hilly and north eastern … Continue reading What are the Advantages of GST in India After New GST Exemption Limit?

Income Tax Deductions that can be Claimed on your Home Loan

Buying a home of one’s own is one of the biggest cherished dreams of any individual. In order to facilitate the realization of this dream, there are a number of lenders available today who provide home loans at very attractive interest rates. Benefits of a Home Loan There are a number of benefits of opting for a home loan according to RBI guidelines for Home … Continue reading Income Tax Deductions that can be Claimed on your Home Loan

Managing Work Capital Cycle of a company

Working capital of a business venture is the ongoing liquidity of it that can be availed and used for funding daily operations. Basically, it is the amount of cash that the company has at hand for executing a process that takes place regularly. For running a smooth sailing business working capital is essential as it is profoundly related to the financial well-being of the enterprise. … Continue reading Managing Work Capital Cycle of a company

Pros and Cons of GST for Startups

The Goods and Service Tax (GST) came into effect on June 30, 2017 amidst numerous controversies. While on one hand, economists said that GST would bring nothing else than inflation, others claimed that it will make the economy healthier than ever. Now, irrespective of the claims and actual consequences, the business sector has been widely affected in both negative and positive ways. Let’s take the … Continue reading Pros and Cons of GST for Startups

Remote Work, Business Ideas for Women in India

Women, in India, have now set their foot firm in the entrepreneurial world. While a full-time business becomes challenging for women amidst their other responsibilities, remote work business ideas for women are relatively less demanding in terms of risks, time and investment. Top Three business ideas for women in India at low investment, much in vogue today are: 1) Chatbot Maker A chatbot is an … Continue reading Remote Work, Business Ideas for Women in India

How to Use Technology for Inventory Management?

Amazon has more than 65 Fulfilment Centres in India with the largest in Bengaluru. This Fulfilment Centre spans across 350,000 sq. ft. with a storage space of 2 million cubic ft. Even with this extensive storage space and a large number of Fulfilment Centres, Amazon maintains near 100% accuracy with their deliveries. Amazon implements some of the latest inventory management techniques for the above. You … Continue reading How to Use Technology for Inventory Management?

Know the role of chartered accountant in Indian Business Economy?

Chartered Accountants are specialists who handle account related activities for the business. In India, CA has high demand whose primary role is to provide an insight into the companies and help them to sustain and initiate the finance. They help in tax planning, forecasting, budget mapping, bookkeeping and capital management along with various other important financial activities. With so many roles to play, the importance … Continue reading Know the role of chartered accountant in Indian Business Economy?