Wednesday, January 22
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Business

Benefits of transferring funds from the US to India with Money2India

Business
  As an NRI, even when you are settled in the US, you have a strong relationship with your motherland because you are Indian at heart. You may have to fulfil significant personal and family commitments in India. Furthermore, you may also send money to India from the USA to support family maintenance, education, real estate, loan repayments or medical treatment in your family. All in all, most Indian expats have a need to send home money remittances regularly. One of the best options to send money to India from the USA is via Money2India from ICICI Bank. What is Money2India? Money2India is a service from ICICI Bank using which you can send money from any bank in USA to any bank account in India online. This is a secure and cost-effective money transfer service that is trust...
3 Factors to Consider Before Buying Life Insurance

3 Factors to Consider Before Buying Life Insurance

Business
Are you thinking about getting life insurance? Then you must have thought of the amount of money it costs per month. Life insurance is a financial instrument that provides the policyholder's family with financial protection in case of his/her death. It also helps policyholders accumulate funds to meet various financial goals, like funding their child's education, building a retirement corpus, etc. Thus, it's important that you know about various factors before buying life insurance. In this article, we will be discussing some key considerations when buying life insurance and how to get the best possible deal for your budget. There are various life insurance companies. However, not all insurers offer the same coverage. Finding the right insurance isn’t as difficult as one might th...
An Overview of Telecom Factoring

An Overview of Telecom Factoring

Business
Telecom factoring is the sale of outstanding invoices at a discount to a third-party company, known as a factoring company or a factor. As a result, cable, Wi-Fi and telecom construction service providers and contractors can obtain quick working capital through specialty financing targeting their industry. Telecom factoring allows companies to sell accounts receivable at a discount to a third-party company, known as a factoring company or a factor. A bank can also purchase the receivables. Using factoring, invoices can be monetized in 2 to 3 days.  The factoring company assumes the responsibility of collecting payments on the invoices it factors – either on a permanent or temporary basis – and keeps a small percentage of the total invoice amount as its fee. A factoring company ca...
How do different variables affect business electricity costs?

How do different variables affect business electricity costs?

Business
Energy rates for commercial buildings fluctuate often. As a customer, this may be a major hassle since it's all too simple to rack up a large charge. This is especially the case if you operate as a small or medium-sized firm (SME) with limited financial resources, or if your company uses commercial energy at unpredictable costs. Choosing Stromvergleich Gewerbe is the best option in this case. Proper Stromvergleich Gewerbe is possible when it comes to the right electricity comparison in commercial electricity and commercial electricity costs With check24 and verivox. With rlm electricity it works fine. Choosing electricity for business is essential here. Although it's frustrating to see energy expenses for businesses rise and fall, several factors play a role in setting these rates. You m...
Tax Lawyers and Tax Planning Services that Get You the Best Possible Outcome

Tax Lawyers and Tax Planning Services that Get You the Best Possible Outcome

Business
Tax lawyers are a dedicated group of professionals who dedicate themselves to giving their clients the best possible outcome, regardless of the circumstances. However, with tax laws changing and becoming more complex than ever before, it is often necessary for individuals to seek out specialized tax practitioners to help them navigate through complicated tax situations. What are the Benefits of Choosing Tax Lawyers and Tax Planning Services? Tax Lawyers and tax planning services can help you get the best possible outcome for your tax situation. The following are some of the benefits of choosing these services: - They can help you understand your options and make informed decisions about your taxes. - They can provide expert guidance on how to reduce your tax liability. - They ca...
Personal Loans vs Credit Cards: Crucial Differences!

Personal Loans vs Credit Cards: Crucial Differences!

Business
Two different types of financial services can arise from a need for money. One is a personal loan, which can be seen as debt with an attached interest, while the other is a credit card. Personal loans vs credit cards: both options have some significant differences that you should know before choosing which option to take on your next financial decision. Credit cards offer flexible spending, rewards, and more benefits than personal loans. Interest With the former, you will have to pay it on top of your original loan - with the latter, it's covered by the interest rates already included in your card's rate. So with both types of loans available, you will have a choice between different interest rates based on how much money you want to borrow and how much you will have to pay back at the e...
Learn about the GST Compliance Requirements and Penalties under India’s GST Regime

Learn about the GST Compliance Requirements and Penalties under India’s GST Regime

Business
GST, which stands for Goods and Services Tax, was levied in India on 1st July 2017. This has made the whole tax system a lot less complicated for the people. In case you are new to all this GST terminology, you have come to the right place. Read on to learn about the GST Compliance requirements and penalties under India’s GST Regime. GST has proven to be a win-win situation for the whole country. Its benefits are enjoyed by all, including the government, the industry, and the consumers. This tax gives a boost to the country's economy. What is the aim of GST? The main aim of GST is to make India a place that has common tax rates. This will pave the way for an independent and integrated economy at a national level. By permitting a set-off of different prior-stage taxes for vario...
Basic Facts About Fixed Income Mutual Funds

Basic Facts About Fixed Income Mutual Funds

Business
If you have just started your career and begun thinking about investment plans, then you are certainly on the right track. But at the same time, you have also come to realize that it is not easy to make investments for an average Indian. After all, you have a limited salary, and most of it goes to meet your daily expenditure, or the rest is spent on paying up your loans. However, this does not mean that all your hopes of investment are lost for good. There are still some investment instruments you can consider within your limited budget and still get good returns. Fixed Income Mutual Funds Fixed income mutual funds are an investment instrument that allows you to diversify your portfolio. As you can guess by the name, these funds are useful in generating income. But what exactly a...
Is the current account mandatory for a sole proprietorship?

Is the current account mandatory for a sole proprietorship?

Business
Primarily, there are two types of bank accounts in India, i.e., savings accounts and current accounts. While people on an individual level prefer savings accounts, current accounts are preferred by businessmen and companies for carrying out high-volume transactions. As savings accounts cater to people who want to save money and deposit their salaries for personal use, current accounts are meant for people who want to carry out business transactions daily. Hence, current accounts come with higher limits on deposits and withdrawals as compared to savings accounts. Be it sole proprietor, businessmen, associations, or trusts. If you want to have a bank account for carrying your business, then it has to be a current account! Let's take a look at how to open a sole proprietorship current b...
Benefits Of Getting Property Valuation For Buyers

Benefits Of Getting Property Valuation For Buyers

Business
The aim and purpose for all property valuation buyers are to provide detailed information regarding all the property prices as well as marketing trends. Offering a detailed house valuation will inform you about the cost, features as well as advantages of the property the person is willing to purchase. Without the right information about the rates and real estate trends, the proper buyer could end up getting himself a bad deal. Hence, you need property valuation that will act as an effective cushion and protect you against all scams and fraudulent practices. Not just that, this process will also equip the buyer with all the right details which allows for better borrowing as well as mortgage processes. On that note, here’s a good look at what you can get expect after getting property ...