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Financial food for thought
The coronavirus pandemic is starting to have a significant impact on Indian businesses and has already caused an unprecedented collapse in economic activities over the last few weeks.
Covid-19 or Coronavirus pandemic has hit the world’s economy hard and may result in a hole in the pockets of many. The Indian economy is seeing a downfall as the ongoing pandemic has impacted the growth of almost every sector.
The coronavirus pandemic is slated to have a significant impact on Indian businesses and has already caused an unprecedented collapse in economic activities over the last few weeks. A recently conducted industry survey said that businesses are grappling with tremendous uncertainty about their future.
Owning a bike or scooter is the dream of millions of Indians. Whether you’re looking for a reliable mode of transport for your daily commutes or to go on long drives with your friends, a two-wheeler is the best and most preferred option.
The MSME (Micro, Small, and Medium Enterprises) sector is known as the nation's backbone. It plays a significant role in shaping the growth of the Indian economy.
With age, the human body becomes prone to diseases. Unhealthy lifestyle and junk-food consumption are some of the reasons why diseases are catching up so early. This is one of the root causes why health insurance policies have become increasingly important these days.
Businesses need to raise funds at different stages, sometimes even after the initial expenditure of setting up a business is met. It may require additional capital for smooth functioning.
A loan from a reputable lender can provide financial solidarity and allow you to remain in a good position. Apart from bailing you out of short-term financial trouble, they can also get you great tax benefits, as long as you manage your finances well.
Women go through plenty of stages in their life – child, daughter, mother, sister, wife, and more. Of all these phases, motherhood is considered as one of the most defining milestones in a woman's life.
Owning a car is no longer a luxury, but it has become a necessity. Whether you drive to work or enjoy weekend drives with the family, having a car can simplify your travels and not to forget the ease and comfort it brings.
Arogya Sanjeevani policy is a new, standard health insurance policy set by the IRDAI effective from the 1st of April, 2020. It will be offered by most health insurance companies in India. This standard plan provides for a basic health insurance cover of between Rs. 1 lakh to Rs. 5 lakhs.
The ESIC (Employees' State Insurance Corporation) is a state-run organisation formed as a result of the Employee State Insurance Act of 1948. The primary objective of the ESIC is to provide social security to the majority workforce who belong to the organised sectors.
Taxpayers for the FY 2019 – 20 can claim a standard deduction of Rs. 50,000, thereby reducing their taxable income significantly. Here, in this guide, let’s take a detailed look at the standard deduction available to salaried taxpayers while filing their income tax.
It is that time of the year when individuals file income tax returns. The last date for filing your return is July 31. Only individuals whose incomes exceed certain levels must file tax returns. Certain
If you will be filing ITR for the first time in 2020 then you need to know your total taxable income, followed by the computation of income tax as per the applicable tax slab. While calculating income tax manually might appear daunting, it isn’t as complicated if you thoroughly understand the computation process.
Income tax in India is imposed by the Government of India. Everyone who is earning in India has to pay income tax. The income could be pension, salary, or could be earnings from a savings account.
Running a small business is deeply satisfying – it’s the path to pursuing one’s dreams and passions. However, owning a business isn’t a piece of cake. There are plenty of challenges and hurdles to cross.
You have a great business idea. Now, you want to start executing it. The first hurdle that you're likely to come across is – lack of funding. Capital is the bloodline of any successful startup venture.
India has two broad categories of tax, mainly direct and indirect tax. Direct tax is a tax you pay on your income directly to the government. Indirect tax is a tax that somebody else collects on your behalf and pays to the government.
One of the many taxes that corporates are required to pay to the Indian government is a corporate tax or company tax. Corporation Tax, also known as Corporate Tax is a direct tax levied on the net income or profit that corporate enterprises make from their businesses
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