Saving money is an essential financial habit that everyone should develop. It helps you in times of need and enables you to reach your financial goals. While there are several ways to save money, investing in a savings plan is one of the most effective methods. A savings plan or Saving Scheme is a life …
Read MoreIntroduction All thanks to a large population and diversity, India has a huge consumer base. Considering the same, international players use the franchising business to increase their market share and brand awareness in India. By building outlets and making investments in the Indian market, the majority of global businesses hope to increase their earnings through …
Read MoreThe rollout of the Goods and Services Tax (GST) has been a game-changer for businesses in India. It has made compliance easier and significantly boosted the country’s economy. The new indirect tax regime has replaced a plethora of earlier taxes levied on the sale and manufacture of goods and services. One of the key aspects …
Read MoreMaking enough money to live comfortably is essential. Since employment opportunities are drying up, going into business for yourself is a sensible move. To be sure, deciding what kind of company to launch is essential. A gas station franchise has been successful for decades; why not try your hand at it first? Having your own …
Read MoreWhen filing tax returns for a given year, the GST return for September is the last chance for taxpayers to add any missing information or correct any mistakes made on returns submitted for the prior fiscal year. These adjustments are critical for a proper end of the financial year. Additionally, it serves as a crucial …
Read MoreWhen you apply for a small business loan or even one for a home, lenders look at your credit score before sanctioning and disbursing the amount. Credit scores have an impact on loan approvals and interest rates. You must know what credit score is, how it affects taking out loans, and, more importantly, the factors …
Read MoreA business owner’s good credit score is important for securing loans, lines of credit, and other financings. But did you know that credit score can also impact business? Many small business owners use their credit cards for business expenses, which can lead to problems down the road. Suppose you’re in the market for a business …
Read MoreBusinesses need credit cards for a variety of reasons. They may need to make large purchases, such as equipment or inventory, and may not have the cash on hand to do so. Credit cards can also help businesses manage their cash flow by allowing them to make smaller purchases over time. Additionally, credit cards can …
Read MoreYour credit report is a detailed account of your financial history, containing information about your credit accounts, late payments, bankruptcies, etc. These agencies collect data from creditors and use it to generate your credit report. Your credit report is an essential tool that lenders use to determine your creditworthiness. Even landlords, employers, and insurers use …
Read MoreAadhaar is a 12-digit unique identification number issued by the UIDAI (Unique Identification Authority of India) to Indian citizens. This number serves as proof of identity and address anywhere in India. It is now mandatory to quote the 12-digit Aadhaar number while filing income tax returns and when applying for a permanent account number (PAN). …
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