After the infamous Nirav Modi scam came to light the RBI on 14th March decided to put a ban on Lou's- Letter of Understanding What is Lou's? Lou is a bank guarantee using which a customer can borrow money in the form of short-term credit from another...
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TDS- Tax Deduction at Source is a common mean used globally to collect taxes. Any payment covered under these provisions shall be paid after deducting prescribed percentage. It is a mechanism used the world over to track incomes of individuals and organizations before assessment by...
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After pursuing India for several years Walmart finally marked its entry in India through none other than our very own (not anymore!) Flipkart. And at what cost? Precisely $16 billion for a 77% stake in the e-commerce giant! That’s a heavy price for a loss-making...
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Ever since the Budget 2018 was announced all one could discuss was the LTCG tax and how it affects us. The last time such a tax was there was back in 2004-2005, but the government has decided to bring it back and it sure is...
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Entrepreneurs who own seasonal businesses must manage the effects of seasonality on working capital. When most business sales occur during a certain time of year, working capital can fluctuate drastically, depending on how well working capital was managed throughout the year and how long it...
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For all e-commerce sellers out there already tangled with the number of GST procedures, the E-way is one more thing that might add to your concerns. It might seem confusing but it has a number of benefits. Firstly it is going to root out any...
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Overhead costs something that hangs literally over entrepreneurs heads, you cannot ignore them but you most definitely can reduce them. What exactly are these costs? Remember those fancy color printouts that cost Rs. 1000 for that conference meeting? Or those reimbursements for phone bills, or even...
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Money is the fuel for your business. You need a continuous inflow of capital to infuse in your business for various reasons. However, there are times when the earnings from the business are inadequate to manage the peak seasons. At other times, the financial crunch...
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Today there are 2 ways you can meet someone- Either Physically or Online. Although, meeting someone online is the more subtle and shy way, nowadays it is also very modern and strategic. That’s exactly what Alibaba is doing. It is meeting Indian consumers indirectly through...
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What is MUDRA? Mudra – A Game Changer is a lending credit line set up as a subsidiary of the Small Industries Development Bank of India (Sidbi).Whenever informal sector people like rickshaw pullers, household factories etc., looked for formal credit the condition of security was a...
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