The moment the Goods and Services Tax Act rolled-out in India, the government also established its backbone GSTN. The GSTN (Goods and Services Tax Network) is a private body that stands responsible for the pros and cons of the indirect taxation regime to a great extent. But the government has all of a sudden began […]
At times, businesses may suffer from troublesome kickbacks regarding revenue generation and profits. Which may further crash down the financial stability. Similar to what happens to an individual when the debts are unbearable, and payouts get tangled, business too many suffer operational chaos with turbulent debts. However, there are many ways for a business to […]
Taking a loan to buy investments can be an effective way to boost your potential returns. This is called using leverage. As long as your investment increases at a rate which is higher than your borrowing costs. A chartered accountant, or for that matter, any individual, can make money. However, taking on debt involves more […]
When you enter the retirement phase of your life, the first thing that you will realise is that you do not have a regular income from your job anymore. At this stage, you will have to meet all your lifestyle and emergency expenses. Using the funds you have saved all through your employment years. Though […]
Accumulating huge debts which you cannot repay within a reasonable time can adversely affect the performance of your business in the marketplace. In the worst-case scenario, you may have no other option but to file for bankruptcy. You probably know that all entrepreneurs have to take loans from the financial markets to operate their organizations […]
There are certain events in life for which any amount of preparation does not feel enough. By preparation, we meant financial preparation. Regardless of your financial stability, you will still feel short of certain things. Now, the aforementioned situation is for people who are financially sound. However, most of us aren’t financially stable. Thus, we […]
Operating and running a trading business is fairly risky and always keeps the business owners on the check. From stock exchange to the ongoing market condition, the traders have to pay attention towards every aspect of their business. However, in the recent times, it has been found that trading businesses have failed to perform and […]
More than a new beginning, a new year gesticulates another season of tax filing. Many business owners, in today’s day and age, prefer to hire or appoint a professional accountant to get their income tax returns prepared in the right way. Of course, we don’t all have the expertise to prepare our tax returns nor […]
A commercial construction loan is an amount of money sanctioned to an investor or a company that is planning to construct a new commercial building.
Saving money as a small business or start-up can be tough. In the early days, your sales might not be as high as you like and you might find you have to bootstrap your way through the beginning of your business venture. This means it’s important to make your operations as cost-effective as possible. Here […]