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Category : Financial Insights
Earlier, the tax system was complex and multi-layered. There were several types of taxes that were levied on the goods and services such as excise, service tax, VAT, Octroi, Entertainment tax, tax on lottery, luxury tax, Purchase tax, etc.
Category : Financial Insights
When the Goods and Services Tax (GST) was officially implemented in 2017 in India, it brought about a change in the entire taxation system of the country.
Category : Financial Insights
Goods and Services Tax is an indirect tax levied on goods and services. With the introduction of GST, multiple indirect taxes were abolished such as VAT, service taxes, excise duty, etc.
Category : Financial Insights
In 2017, the Government of India introduced the Goods and Services Tax (GST) in a bid to subsume various indirect taxes into a single taxation system.
Category : Financial Insights
Digitization in the lending sector has made it easier for individuals to avail of funds instantly. Various banks, Non-Banking Financial Companies (NBFCs), and lending institutions are now offering online loan applications. This has also sped up processing, approvals, and disbursals.
Category : Financial Insights
In July 2017, the Goods & Services Tax (GST) was implemented in India in a bid to create a uniform taxation system that can be used countrywide, aka ‘one nation, one tax’.
Category : Financial Insights
A quick and easy method of calculating the interest charged on a loan is called Simple Interest. It is determined by multiplying the interest rate by the principal amount, by the number of periods(days/months/years) that have elapsed between the payments.
Category : Financial Insights
How to improve credit score in 30 days in India – is one of the most important question comes to many people’s mind when it comes to credit score.
Category : Financial Insights
As the worlds second-largest internet-using country, Indias digital transformation in the financial sector is gaining momentum.
Category : Financial Insights
With the overall growth of businesses in India, we have seen several transformations in and around the business environment. However, there are a few methods such as trade credit that have been in the practice since the inception of businesses.
Category : Financial Insights
A credit score is one of the most crucial factors in the eligibility criteria for loan. Knowing what your credit score is will help you understand your financial health.
Category : Financial Insights
Financial planning is an effective process that offers an efficient framework to achieve your life goals strategically and systematically. To assist young and aspiring entrepreneurs, let’s take a look at some budgeting help for young adults.
