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Category: Finance(Page 2 of 13)

A tax adviser is sometimes also known as a tax consultant. A tax advisor is a person who has advanced training, knowledge, and specialization in tax law. The U.S tax code in its entirety amounts nearly to 3.7 million words and so when it comes to preparing tax returns, we should either have ample knowledge ourselves or we have the option to hire the services of a tax specialist. When it comes to tax advisors there are a few different classes of these professionals. Let’s take a look at the two main classes. 1. Enrolled Agents Enrolled agents are federally […]

The GST Council raised the registration limit to Rs. 40 Lakh as per announcements made on 10th January, 2019. The ceiling is Rs. 20 Lakh for businesses in North East states and Himachal Pradesh. Previously, this limit was Rs. 20 Lakh and Rs. 10 Lakh in Himachal Pradesh and North East states. Businesses can register themselves in the GSTN portal easily. They can also avail separate registration for different places within a state. Earlier, companies only had to make additional registration in case of different business verticals. Individuals Who Have To Register Various GST registration documents are required in case […]

Over the past few years, a number of reasons have contributed to the fact that banks are facing an increasing pressure of compliance measures. Firstly, there has been an exponential increase in the volume of international transactions that have increased the risk of financial crimes by at least that much. Additionally, governments and regulatory authorities across the world have been working to establish anti money laundering regulations to target drug traffickers and terrorist financiers. This has increased the pressure on banks to implement stricter regulations. The major problem in this scenario is the slow AML process implemented by most banks […]

Many people want to move into their own homes but are forced to live in rented homes due to financial constraints. Even though a majority of them have the housing loan eligibility, they don’t apply for it fearing they can’t afford the EMIs. Another question that haunts many prospective home buyers is – how much home loan can I get on my salary? If you are not fulfilling your home buying desire as you are unaware of how much house loan your salary can get you, then this post is for you. Modern-day finance has enabled the availability of a […]

A business loan is a kind of loan that is specially intended for business purposes. A business loan is a debt so that the company has to repay the amount according to the loan’s terms and conditions. Business loans are taken out by the companies that are looking to start up a business, expand the business, or to maintain their operating cash flow. Some business needs loans to meet their daily operational needs until their earnings cover their working capital needs. As the business grows, they earn money; they can repay the loan to the bank. The term technology sector […]

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