Things To Ensure Before You Want Help During Business Debt

In the present time, business debt is inevitable but there are ways in which you can deal with such debts and get immense help provided you have all the documents of your business in order. You would also have to ensure that all the taxes are paid and current as it is the most vital part of a successful business. It would further ensure that the IRS or the state tax authority cannot hold you liable personally and charge penalties for such defaults in payment. It will also affect the bankruptcy proceedings in an adverse manner if you do not pay taxes on time. Continue reading “Things To Ensure Before You Want Help During Business Debt”

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Consolidation is a boon to get revived from a business debt

Falling in debt is no crime when you are doing business. Neither is it something by which you can lose all your property and belongings. Well, on this aspect, there has to certain concern. It is not that easy to get revived unless the debts are not attended well. On many occasions, it is seen that the startup companies fall easily without having much growth. Well, the reason may be many. The primary among them is the increased rate of debt that has been increased under your rand name. Thus, it is imperative to understand the lease period of your loan. Continue reading “Consolidation is a boon to get revived from a business debt”

5 The main difference being super rich and being wealthy

Being rich is great, but being wealthy has more enduring value. Let’s understand how to move from being rich to being wealthy.

All of us dream of a stable life for ourselves, where there is enough money in our account to meet all our expenses. Some of us have a lot of money in our hands at intermittent points of time, but this does not mean that we are wealthy. Let us examine the difference between the two concepts: Continue reading “5 The main difference being super rich and being wealthy”

Savings accounts, and the trend of annual interest return

As more and more Indians get access to banking, they are also looking to create wealth by the simple expedient of keeping their savings invested for longer periods of time.

It is safe to assume that India is in the midst of a banking revolution, the likes of which has never been seen before in the country.

The World Bank estimated that up to the year 2014, the penetration of banks in all segments of India increased from 35% in 2010 to 53% in 2014. When the ruling political parties at the Centre changed in 2014 and the present Government floated its Jan DhanYojana Scheme, a further proliferation of savings bank accounts took place. The scheme aimed at financial inclusion for all classes and masses of society – and by January 2015, over 125 million new bank accounts had been opened.[1] Continue reading “Savings accounts, and the trend of annual interest return”

I wish my dad had bought a Personal Accident Insurance Policy!

Last Sunday, when my mother told me that I look like my father, there was a quick flashback of what we all had to endure in the past few years. A few years ago, a truck coming from the wrong direction hit my Dad’s car. A passerby took my father to a hospital where he was admitted for 20 days. His legs crippled forever! As I was quite young at that time, my mother did not tell anything about my father’s accident. Continue reading “I wish my dad had bought a Personal Accident Insurance Policy!”

What Are the Best Resources for Learning About Day Trading?

While rising debt levels and the return of 100% mortgages may be interpreted as portents for another global recession, neither of these are as concerning as the words of Wall Street trader Steve Eisman. Eisman, who shot to fame by short-selling supposedly A-rated mortgage securities after successfully forecasting the decline of America’s sub-prime housing market, has emerged as one of the most prominent day traders in the world and has recently predicted that Europe’s banks may be about to collapse and trigger a further period of sustained austerity. Continue reading “What Are the Best Resources for Learning About Day Trading?”

5 Reasons Tax Regulations Challenge American Businesses

American businesses, both small and large, face a lot of challenges, especially in their infancy. Arguably, one of the biggest challenges that they face is tax regulations. Often times, these regulatory obstacles can be a silent killer that cripples an otherwise growing business to the point of no return. In other cases, it presents an on-going mission to find ways to dodge regulations and pay less taxes to ultimately improve profits. Continue reading “5 Reasons Tax Regulations Challenge American Businesses”

Research online for Insurance made easy – HDFC Life Click2Insure

In recent times, one major area which is revolutionising industries is the emergence of digital economy. Consumers are spending a lot of time researching on the web before a decision is made to consume any service or product. While some consumers add on the Research Online Purchase Offline (ROPOFF) effect, the growing popularity of e-commerce portals is a testimony of the increasing Research Online Purchase Online (ROPON) effect. In a market research that was recently conducted by Social Times,it was revealed that 81% of all customers conduct research online before making any purchasing decision. And this holds true for all category of products and services, like consumer durables, banking services, fashion, tourism, etc. Insurance, therefore is yet another area which consumers search online extensively for information before taking a call. Continue reading “Research online for Insurance made easy – HDFC Life Click2Insure”

PM Narendra Modi decommissions 500 & 1000 Rupee Notes

In an attempt to stop the circulation of fake notes, especially in the black money market, the Central government of India has declared that the specific bills of 500 & 1000 rupees, will be banned or decommissioned.

In a one shot bold exercise to stop the circulation of fake financial bills, especially in the turmoils of a second invisible black money market, the Central government of India under the leadership of Narendra Modi governmenthas declared that the specific bills of 500 & 1000 rupees, will be banned or decommissioned.  Continue reading “PM Narendra Modi decommissions 500 & 1000 Rupee Notes”

Protect your savings from systematic decay – Paise Ko Jagaao

Indians traditionally have a different socio-economic ecosystem when compared to many of the western economies. Our ecosystem is less reliant on social security provisions and working professionals attempt to save a significant part of their monthly income for their future needs. These savings are envisaged to provide for medical needs, their children’s education and marriage needs and sustenance for old life.  But how does such needs get systematically eroded? Continue reading “Protect your savings from systematic decay – Paise Ko Jagaao”

Need a Home Loan? Here is How to Select the Perfect Lender

Efforts by the RBI have made it easier to get housing loans in India. To know what you should consider before taking a home loan, read on!

In October 2016, The Reserve Bank of India (RBI) took a revolutionary step by increasing the amount of money that banks could lend for the purchase of property in India. The central bank also reduced the risk factors attached to such loans, and the focus was clearly on providing a boost to an otherwise struggling real estate market in the country. Continue reading “Need a Home Loan? Here is How to Select the Perfect Lender”