Investing for your retirement may not be the most important thing on your mind when you start your career. For most people, investing may not even be on the priority list when they start their career. When you start your career, your saving capacity may not be much in absolute terms, as your salary itself… Read More »
Pranab and Bishwadeep both work in the same company, at the same level with the same salary. Yet, Bishwadeep is always relaxed and looks in control of his personal finances. If someone asked Pranab, what his net worth was or what the outstanding on his home loan was, he would give some off the cuff… Read More »
Quick-quiz. Match the place of residence given below to the following men. World’s Richest Man – Carlos Slim World’s Second Richest man – Bill Gates World’s Third richest man – Warren Buffet World’s Fourth richest man – Bernard Arnault Where do they stay? World’s Largest House World’s 2nd largest house World’s 3rd largest house World’s… Read More »
The importance of Permanent Account Number (PAN) card has grown over the years, and it is today an essential part of our lives. The most important purpose of allotting PAN to an entity is for the purpose of identification and to track all the related monetary information of that entity. Initially, the significance of PAN… Read More »
Photo Credits : Inha Leex HaleyIt is a good idea to categorize your payments under different headings like daily living expenses, entertainment and vacation, health etc. This will give you a fair idea of how much you spend on different categories. It is easier to keep track and also control your expenses once you know… Read More »
“India is poor because rural India is poor and Rural India is poor because the farmer living in the rural area is poor”, said Mahatma Gandhi. Before the Budget the Farming community expected financial reforms that ensure credit flow, and proper extension mechanism, fair prices for their produce and better earnings and livelihoods. The major… Read More »
SMEs in India had a lot of expectations from Budget 2013 mainly because it is the last budget before the general elections in the country. Union Budget 2012 was considered as the most ‘anti-reform’ budget in the history of India. Given to the background of huge fiscal deficit, depreciating currency and sluggish growth, a non-trivial… Read More »
There are three proposals in the union budget 2013-14 that stand out with respect to start ups and MSMEs. Encouraging Micro, small and medium enterprises to grow A well intended concession besides serving its purpose, also serves a counter interest, especially when it concerns the business and economy in general. MSMEs are given numerous… Read More »
Women were expected to be given importance in this year’s Budget, considering their increasing importance in different areas in the economy – both as homemakers and as working women. The Budget was a mixed bag for women, with some positives and some expectations not met.
What will be cheaper? Leather goods including footwear should cost lower if the manufacturers pass on the duty reduction (from 7.5% to 5%) to consumers Pre-forms precious and semi-precious stones would cost lower as a result of duty reduction from 10% to 2%. It should help women shine more J Women and to some extent… Read More »