About Us|Contact Us|Register|Login

[google-translator]
Currently Browsing: Business Management

Facts You Should Know about Income Tax and PAN Card

Facts You Should Know about Income Tax and PAN Card
Income Tax and PAN Card Info What is meant by Income Tax? A percentage of income earned by an individual or a company (complying to Indian laws) is paid in the form of tax to the government. This is called Income Tax. This comes under Income Tax Act constituted by Parliament of India. Department of income tax operates under Department of Revenue, Ministry of Finance, Government of India. This is responsible for checking and collecting tax. Where should I pay Income Tax? Income tax should be paid to the I.T deparment. This is called income tax filing which is done at the end of July every year. What is the period for which a person’s income is taken into account for purpose of Income Tax? The income earned from April 1st to March 31st is considered for calculating income tax. This period is called a financial year. For example April 1, 2015 to March 31, 2016 is a financial year. This is also called previous year. What is an assessment year? The 12 month period that comes after the previous year is called an assessment year. This is the period to file income tax return for the previous year. For example, for the financial year 2015-16, the assessment year is 2016-17. During this period, a person files his return for the income earned in the previous year. How to file income-tax returns online What is PAN Number or Permanent Acount Number? PAN is a ten digit number issued by the Income Tax deparment. It also serves as a valid identity proof for an Indian citizen. PAN number is demanded at many places now-a-days. When you file income tax returns When you open a bank account or Demat account It is useful in applying telephone connection and credit card When you want to register for service tax and sales tax When you buy or sell a vehicle When you deposit or withdraw money to the tune of Rs.50,000 in the bank or post office, PAN is a must If you want to invest in mutual funds If you are buying a property worth more than 5 Lakhs When you exchange large volume of foreign currency (over and above Rs.25,000), you need to submit your PAN CARD. Even when you buy GOLD , giving your PAN number has become mandatory after the DEMONETIZATION EFFORTS taken by the government recently on November 8, 2016. PAN card Dont’s… Same person having more than one PAN card is an offence. You have to submit any one card to the income tax department and update your info. You can be charged a fine of upto Rs.10,000 if you are found to have more than one PAN card. If somebody puts the PAN card to mis-use he might be fined and subject to imprisonment too. You can view your PAN card details in their website. If you apply for PAN card through private agents, kindly check whether your details are updated in the government website. Issue of PAN card PAN card issuing has been made very simple. You will be asked to fill up  FORM 49-A and attach your address proof (Aadhar card or Ration card). The form can be downloaded from the following addresses online: www.tin-nsdl.com http://www.incometaxindia.gov.in/Pages/form-pan.aspx Also you get these forms issued by the IT PAN and TIN service centres. Having a PAN card doesn’t mean that you have to pay Income Tax. It is to facilitate people to pay Income Tax when their income levels warrants for paying tax. A Complete Tutorial on Financial Markets and...
read more

5 Biggest Benefits of Blogging

5 Biggest Benefits of Blogging
5 Biggest Benefits of Blogging  1. You tend to become a better writer and thinker #quote #blogging #blog #blogquote #bloggingquotes #parentingblog #parentingblogger #pregnancyblogger #pbloggers #pbloggersuk A photo posted by Beth, Welsh Blogging Mama Of 3 (@lifeasmum_blog) on Feb 23, 2016 at 2:42pm PST Once you start blogging, you’ll find yourself becoming a better writer and thinker. Mastering content takes creative imagination…. And in the due course of creating great pieces of content for your blog, your research skills also improve. How to Blog Like a Professional? 2. Establish yourself as an expert  Blogs are amazing tools to help people establish themselves as experts in a field or niche. We all have some kind of interest and expertise to share with others. If you’re able to produce great content on your blog and/or have a unique point of view on the topic, then be assured that your future audience will recognize it and reward you for it. 3. Increase your self-confidence  The more involved you become with blogging, the more your creative juices will flow. That’s one reason why blogging is so popular. As you gain knowledge about your topic, the confidence you’ll build in your followers and most importantly, in yourself, will soar. #ABAUK17 #allergyawards #blogging #bloggers #blog #allergyblogawardsuk #bloggingquotes #quotes #inspired #allergyblogger #allergy #eczema #hayfever #asthma #foodnutrition #podcast @ukbloggers1 A photo posted by Allergy Blog Awards UK (@allergy_blog_awards) on Jun 30, 2016 at 5:54am PDT 4. Make friends and have fun With practice and a little effort, you can easily build your base of blog fans and followers. As you become known as an expert in your niche, you can inspire, encourage and help your followers make a difference in their own lives. Along your blogging journey, you will make new friends and connections throughout the world. 5. Make money from your blog  Blogging can also have financial benefits. You can place ads and receive affiliate commissions by promoting products of established online retailers. And you can sell your own digital products and...
read more

20 Main Reasons for Startup Failure

20 Main Reasons for Startup Failure
20 Main Reasons for Startup Failure Entrepreneurs start a business with the single goal of achieving success. But we also see them fail miserably. 80% of startup companies witness closure since three years of commencement says a statistics. So, what should entrepreneurs do to be in that 20% population range of successful people? One good way to start is to learn from the mistakes committed by other startup companies. Research Giant CB insights has analyzed 101 failed startup companies and found out 20 important reasons categorically. CB insights is a company that focuses on business, investment and investment strategies. Also they supply valid information on startups and their founders, venture capital and Angel investment. These are the 20 main reasons for startup failures: No Market Need – 42% Ran Out Of Cash – 29% Not the Right Team – 23% Get Out-competed – 19% Pricing/Cost Issues – 18% Poor Product – 17% Need/Lack Business Model – 17% Poor Marketing – 14% Ignore Customers – 14% Product Mis-Timed – 13% Loose Focus – 13% Disharmony on Team/Investors – 13% Pivot Gone Bad – 10% Lack Passion – 9% Bad Location – 9% Not Financing/Investor Interest – 8% Legal Challenges – 8% Don’t Use Network/Advisors – 8% Burn Out – 8% Failure to Pivot – 7% SIDBI, a government based financial organization caters to the financial requirements of small and medium enterprises. It plays a crucial role in the growth of SME’s. Startup India and Standup India are the two movements initiated by the central government to enhance the spirit of entrepreneurs. Now, SIDBI has also started SIDBI Startup Mitra to associate startup companies with incubators and investors. It is quite difficult for the startup companies to get guidance and funding. These two factors are very vital for the growth of a startup firm.  Various investment agencies, angel investors and incubators have associated themselves with Startup Mitra which in turn facilitate the tie-up. SIDBI startup Mitra also paves way for startup firms to reap the benefits of government plans. The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents, partnerships and news media. India’s top 10 funded startups of 2016 Ibibo Group : $ 250M Investors : Naspers Industry :  Online Travel Company Snapdeal : $ 200M Investors : Ontario Teachers Pension Plan, Iron Pillar, Brother Fortune Apparel Industry :  online marketplace BigBasket : $ 150M Investors : Abraaj Group, Sands Capital Management, IFC, Helion VC, BVP, Ascent Capital Industry : Online Grocery Shopping and Online Supermarket CarTrade : $ 145M Investors : Temasek, Warburg Pincus, Marche Capital Industry :  online auto classifieds platform Byju’s Classes : $ 75M Investors : Sequoia, Sofina Industry Byju’s mobile app has video lessons for IAS, CAT, GMAT, GRE, IIT-JEE & Class 6-12 and comprehensive study material Lenskart : $ 60M Investors : IFC, Ratan Tata, Kris Gopalakrisnan, IDG, Adveq Management, TPG Growth. Industry : Shop online for Sunglasses, Eyeglasses and Contact Lenses for men & women Mobikwik : $ 50M Investors :  GMO Payment Gateway, MediaTek, Sequoi, Tree Line Asia Industry : Online Recharge, Mobile Recharge & Bill Payments Lendingkart : $ 32M Investors :  Bertelsmann India, Saama Capital, India Quotient, Darrin Capital, Mayfield India Industry : SME-lending firm, Short-term loans for Small Businesses Nestaway : $ 30M Investors :  Tiger Global, IDG Ventures Industry : Marketplace for shared home, apartments, flats  rentals Droom : $ 29.8M Investors :  Lightbox, Beenext, Beenos, Digital Garage (Japan) Industry :  online marketplace to buy & sell used cars, bikes, scooters, bicycles, aero planes.  ...
read more

Basics of a Stock Market for Beginners

Basics of a Stock Market for Beginners
Basics of a Stock Market An organization is formed in two ways: 1. When an individual makes an investment to start a business – it is called private business or sole proprietorship. 2. When a group of people (two or more) come together, make investment to run a business, it is called a partnership. To download this document in PDF format… Please Click here… If you find the info useful do not forget to share…. What is a company? The above said partnership is formed with known faces. When unknown people or the general public is incorporated into the partnership, it is called a company. Companies are registered under “Registrar of Companies”. The company is held accountable for the entire liabilities and not the stock holders. What is meant by stock? The shares released by the companies for the general public to buy is called stock.   What is meant by stock market? The place where shares are bought and sold is a stock market. Small traders, commission agents/brokers, big traders form the core of this market. The popular stock markets in India are the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Worldwide, New York Stock Exchange, London Stock Exchange, NASDAQ and Hong Kong Stock Exchange are extremely popular. The Complete Forex Trader A practical application of the retail Forex market. A lock, stock and barrel approach to successful Forex trading What are the different types of stock market? 1. Primary Market: When a company issues its first stock to the general public, it is called IPO – Initial Public Offering. 2. Secondary Stock Market: To purchase or sell an existing stock a secondary market has to be approached. After IPO a company’s share is listed in the stock market. After this the investors can sell the shares in the market. The current stock value determines the demand for that company’s share. Who is a Share Holder? The shares released by the companies have a face value determined. Investors who buy these shares at the face value or more are called shareholders. Who are Stock Brokers? The members of the stock market are called stock brokers. The power to buy/sell a share, trade on behalf of an individual/company is vested upon these stock brokers. If you plan to buy a share, you need a stock broker and a DEMAT account. How Stock Market Works? Price of the Stock How traders make money? Thanks for reading…. Contribute to Managementguru  towards learning and building...
read more

Pro Blogging Tips for Beginners

Pro Blogging Tips for Beginners
Pro Blogging Tips for Beginners This post brings you very useful information from pro-bloggers in the likes of Jeff Bullas. For some blogging may be a passion… For some blogging is a pastime… But lately… Blogging has become business… Blogging is the source of income for many… Follow these excellent tips from blogging and digital marketing experts that will guide you through all the hassles. I have tried to summarize the key points that will give you a fair idea about the blogging bascis. Here they come… A. Top 5 Tips That Can Make You a Successful Blogger 1. Get started with the right platform The very first challenge will be  choosing the right blogging platform. There are a lot of free blogging platforms  like Tumblr, WordPress, Blogger and Type Pad. All these offer free design themes that can be customized to suit your purpose. But it is always better to go for a self-hosted blog if you plan to convert your blog as a business in the long run. 2. Consider integration Getting your blog integrated with an existing website in order to build the content is good for SEO and also make the search engines fond of your content. SEO is all about keywords in your content  and concentrating on this aspect becomes inevitable. Long tail keywords attract lot of traffic since the competition will be less. 3. Finding a niche Your blog must talk about something spectacularly specific or offer solutions to specific problems to please both the readers as well as the search engines. 4. Write about something that you love When you write about something that you are passionate about, you will enjoy doing it and you will also be good at it. 5. Offer something of value The blogs you write must be of something that the readers will value. This means you must offer them something in return for spending time reading your blog. Your blog will never be a success if you aren’t providing something of value. Such is the power of information and when you do it right, you win. B. Are You Making These Twenty Mistakes on Your Blog? Writing a blog is both a joy and frustration as you try and work out the ways to let readers on the world wide web discover you and let them know you exist. You have only a few seconds to help the reader decide whether they want to read your post or not so a headline that compels and teases the visitor to your blog or who sees your headline on a Tweet is a must in driving readership. Try COSCHEDULE HEADLINE ANALYSER that gives you a clear insight whether your post title rocks or sucks.. List posts such as “10 Ways To..” or The 5 Top …” are always effective. These might seem redundant and overused but the fact remains they work. Some bloggers wonder why they have no one reading their articles. I sometimes wonder how some blogs are ever found in an ocean of over 200 million blogs. So the challenge is that the writing is just the beginning and promoting your posts is the next step in driving readership and building a loyal following in your industry or niche.   C. 27 Reasons People aren’t Reading Your Posts You can’t create compelling content without an in-depth knowledge of your audience. Personas not only help you create better content, but they also help guide your topics, strategy and monetization efforts. If you have a serious brand, but write in a laid-back, silly fashion, you create a brand misalignment. And when this happens, you confuse readers and detach them...
read more

« Previous Entries