Sunday, January 24

Finance

Use FD Calculator Tool To Determine Tax Impact On Your Interest Income
Business, Finance

Use FD Calculator Tool To Determine Tax Impact On Your Interest Income

Interest income from FDs is taxable in the hands of depositors under the head 'income from other sources'. FD calculator Tool helps investors to know the estimated returns on their FD investments. Hence, they can plan their investments in such a way that taxes will be at a minimum value. Let’s discuss how this ready-to-use calculator works and helps investors to determine the tax impact. What is an FD calculator? Fixed Deposit (FD) Calculator is an online tool offered by banks and NBFCs to calculate interest rate, interest amount, and total maturity amount to be accrued on an amount of money in an FD account. It is called an FD interest calculator or FD calculator. The tool calculates how much a depositor will earn on investing in an FD account using inputs like the depositing amount...
What Are Most Common Fears About The Share Market?
Business, Finance

What Are Most Common Fears About The Share Market?

Daily headlines on market movement seem to frighten investors. Every investor has experienced sleepless nights and fear about the share market. Fear and uncertainty are inevitable in the share market, even for experienced investors that create a distraction. Let’s see what fear an investor can experience in the market: 1. Underperformance Billions of money are invested in the share market with a hope of outperformance. There is always a fear of underperformance. It is impossible that you will be profitable every time. 2. Recession Recession is part of the economic cycle. It will come because it is a part of cyclical trends in the markets. Stop worrying about it and plan for it. 3. Political Fear While political changes can bring some companies down and push others forward, good...
Surviving and Maintaining during Difficult Times – Guide for SMEs
Business, Finance

Surviving and Maintaining during Difficult Times – Guide for SMEs

It is sometimes difficult for SMEs to keep going for a longer period of time because the trader is not able to focus on the minute details of the market. In this article we will cover Surviving and Maintaining during Difficult Times – Guide for SMEs. The smaller businesses have meager benefits and it moves like a snail’s pace to become a part of the competition. Even the slightest blow at these SMEs put them in a severe condition which leads to utter failure in all their attempts. The tough times diminish the significance of small enterprises and leave the businessman in a chaotic state. Let’s dive deep into the concept and study in detail how to survive hard times for SMEs and keep maintaining its significance in the hardships: Maintain the proper record of your finance under your ...
Pradhan Mantri Rozgar Yojana-Scheme Eligibility, Documents
Business, Finance

Pradhan Mantri Rozgar Yojana-Scheme Eligibility, Documents

The Pradhan Mantri Rozgar Yojana (PMRY) is an ambitious scheme of the Central Government of India. The scheme intends to offer self-employment prospects to educated youths of India who don’t have a job yet. The Pradhan Mantri Rozgar Yojana was launched in 1993 to provide unemployed loans to 1 million youth and women. If you are an educated youth in India with no jobs, then you can avail of the Pradhan Mantri Rozgar Yojana and get the unemployed loan facility. This way, you can employ this financial assistance to kick off your business avenues in sectors such as manufacturing, trade, and services. Let’s know about the scheme eligibility, documents required, and much more in this quick post! What are the features of the PMRY scheme? The PMRY scheme offers the project cost a...
Small Personal Loans: Everything You Need to Know!
Business, Finance

Small Personal Loans: Everything You Need to Know!

For Indians, with their myriad aspirations, personal loans have become a way of life. They depend on personal loans for all purposes, as a personal loan is one of the easiest loans in terms of eligibility. Almost everyone with a need and a stable source of income can apply for a personal loan. With the introduction of small personal loans, however, there has been a paradigm shift in the lending industry. Earlier, people thought about loans as a costly and time-consuming proposition. Borrowers often had to submit multiple documents, visit the lender several times, and wait for loan approval, which sometimes took more than a week. With small loans, all that has become a thing of the past. Today, you can submit a few documents online and get the loan amount in your savings or a current acc...
Top 7 ways to improve Cash flow management
Business, Finance

Top 7 ways to improve Cash flow management

Improving cash flow management can be of immense help irrespective of what kind of business an individual is running, what size of the company it is, and how long it has been around. Every business suffers the challenge of managing cash outflow and inflow. Additionally, cash flow management services for the restaurant can be obtained for long term benefits. It is important to note that the cash flow is not the same as profits. A company might bear profits; on the other hand, it will have negative cash flows. In Negative cash flows, the company liquid assets decrease, and the business won't pay off the expenses. On the opposite side, Positive cash flows highlight the increase in liquid assets. There are some tips which will lead to positive cash flow. However, if the cash flows are al...
iPhone Insurance: How to get your iPhone insured in India
Finance

iPhone Insurance: How to get your iPhone insured in India

According to recent data, the market for iPhone insurance grew at a rate of 126% in the first quarter of 2020, thereby claiming a 33% share in the premium smartphone segment. This increase in the sale of Apple smartphones can be attributed to the host of attractive features. For instance, these phones come with a voice-activated virtual assistant called Siri, which can aid users to perform several tasks. Users can thus take their help in finding a restaurant, making a phone call, sending and checking emails and text messages, translating foreign language to English, and so on. Users can also access more than 3,50,000 applications on the iTunes Apple store, which will also enable them to do other activities with their phones. Nevertheless, one should be extremely cautious when it come...
How to Efficiently Maintain the Financial Records of Your Business
Business, Finance

How to Efficiently Maintain the Financial Records of Your Business

If you want to ensure the growth of your business, you should consider the maintenance of various things. You have to keep papers, files, furniture, hardware, and various other things properly maintained. Not just furniture, but you should also look at the financial side of the business. It is very important to efficiently maintain the financial records in the business so that you ensure its growth. The optimum financial system will help to clear out the garbage that acts as a hindrance to business growth. Accurate financial information will provide a clear idea about the financial growth of your company. With the help of precise information, you can gauge the growth of your business and determine the cash flow as well. The best way to maintain the financial records and maintain the pos...