The Union Budget was announced on February 1, 2017 amidst great hope. The public hoped for a Budget that would address the dull after demonetisation. And it did not disappoint. The government focussed on expanding the tax net while rewarding the honest taxpayers of the country. Let’s take a look at the key taxation reforms announced in the Budget for the common man.
The 2017 Union Budget rewarded the honest taxpayers and the public most affected by demonetisation. Interestingly, the only people the Budget may not have satisfied are the politicians. The Budget was focussed on bringing about a sustainable change for the country by promoting a more digital economy, introducing measures to help the rural and agricultural sectors through NABARD and creating opportunities for the youth.
Haven’t we all been through situations when you don’t have a single penny in hand and all of a sudden your bank balance is not in single digits anymore? Be it a hike, a good business deal or a kind relative who is the reason behind this sudden influx of money, those moments certainly do make us feel good, don’t they? Being the responsible mature adult that you are (or try to be), you curb your impulses to splurge all that money and instead set it aside, untouched. But of what use is it if it just sits in your savings account earning a paltry interest that is akin to your month-end bank balance? Let us introduce you to some options to invest that money and earn great returns!
Invoice Discounting platforms work like matchmaking services for Businesses with Invoices and Investors seeking alternative financing solutions with high returns. Even with all the positives about the product, it is not a zero-risk investment product. If you are considering purchasing invoices through Invoice Discounting platforms, here are Five things you should keep in mind.
When we think about Diwali, we think about lights, fireworks, children playing with fire-crackers, new clothes, sweets (lots of it!) and of course the superb discounts that we see in our favorite stores. Though the offers become more tempting during festivals, this can turn bit heavy on our pockets. To avoid this, here are few tips that will…
Financial Magazines are a great source of knowledge and information for all. If you want to stay updated on the latest happenings and developments on the financial trends and also get an insight on businesses, funds and economy in general, these magazines can be very helpful. The risks arising from investments are typically dependent on how markets and global economy, in general, is behaving and hence a holistic knowledge on how businesses are impacted due to global factors will help one understand how different investment options work.