Financial literacy, if defined in simple terms, refers to the ability to manage money. It guides a person about how to make major financial decisions. The advantages that come with financial literacy include an increase in financial discipline and financial capability which can lead to major lifestyle changes like saving and investing regularly, managing debts effectively and fulfilling life goals efficiently. Additionally, financial literacy helps ensure financial well being and protects ..
Trademark Registration Process Every person starts his business to grow and want some rights from the government that his rights shall be protected by the Government. So, every Entrepreneur put its best efforts to make their brand valuable and wants the protection of his brand. Accordingly, Government of India established an Authority named Controller General of Patents, Designs & Trademark who will govern the rights of Intellectual property. Now through this Article we are putting ..
Peak performers are not from other planets but who explore, learn, grow fast while you sleep. So be serious, be a little bit faster & explore the new arenas of life. Let's explore some secrets followed by peak performers. 1. Mistakes are the proof of Growth but repetition is a sign of Dumbness Do mistakes but don't repeat them, learn & grow out of them. Great Scientist Thomas Edison failed 9999 times while making electricity bulb & every time he learned the way which ca..
Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland Information sought from Swiss Authorities to verify increase/decrease of deposits Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end of 2020 from Rs 6,625 crore (CHF 899 million) at the end of 2019, reversing a 2 year declining trend. It has also been stated that this is also the..
After Tesla's CEO Elon Musk forced sharp market movements by his cryptic tweets, we have one more famous personality whose one single action moved the "billions" for Coca-Cola in the share market. Star Footballer, Portugal and Juventus celebrity Cristiano Ronaldo hit $4 billion off giant Coca-Cola company's market capitalization on Monday just by setting aside two bottles placed in front of him. He removed the two bottles of Coca-Cola and kept it aside and instead placed ..
Advance Tax collections for F.Y. 2021-22 stand at Rs. 28,780 crore which shows a growth of approximately 146% Net Direct Tax collections for the F.Y. 2021-22 have grown at a robust pace despite the disruption caused by the COVID-19 pandemic on the economy Refunds amounting to Rs. 30,731 crore have been issued in the F.Y. 2021-22 The figures of Direct Tax collections for the Financial Year 2021-22, as on 15.06.2021 show that net collections are at Rs.1,85,871 crore compared to Rs. 9..
Scope of Today's discussion vis-à-vis BITCOIN Brief Intro of - what it is, it's working mechanism, etc; Recent developments both nationally & globally; Cyber attack & sustainability issues; Recognition & regulatory framework across globe & in India; Taxation of gains from Bitcoin; Other issues relating to Cryptocurrency. What's Bitcoin? On Visiting www.bitcoin.org the first thing that is displayed is: "Bitcoin is an i..
ICSI: PFP: 2021 Foreign Exchange Department Reserve Bank of India 11th Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai-400 001 Sub: Relaxation from compliance with various reporting requirements under the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017 due to the Second Wave of COVID-19 pandemic Respected Sir/Madam, As your goodself is aware, the second wave of CO..
Ministry of Labour and Employment, Government of India has notified the draft rules relating to Employee’s Compensation under the Code on Social Security, 2020 on 03.06.2021 for inviting objections and suggestions, if any, from the stakeholders. Such objections and suggestions are required to be submitted within a period of 45 days from the date of notification of the draft rules. The Code on Social Security, 2020 amends and consolidates the laws relating to social security with t..
Finance Minister Smt. Nirmala Sitharaman chairs meeting to discuss infrastructure road map ahead Finance Minister conveys Ministries to front-load their capital expenditure & aim to achieve more than their CAPEX targets Finance Minister told Ministries and their CPSEs to ensure clearance of MSME’s dues at the earliest Finance Minister asks Ministries to explore Public Private Partnership (PPP) mode for viable projects Union Minister for Finance & Corporate Affairs Smt. ..
Finance Minister Smt. Nirmala Sitharaman will chair the 44th GST Council meeting via video conferencing at 11 AM in New Delhi tomorrow. The meeting will be attended by MOS Shri. Anurag Thakur besides Finance Ministers of States & UTs and Senior officers from Union Government & States. ..
Till the last decade, every day the newspaper carried one or the other Hot Topic about scandals, corrupt practice unfolding at highest government levels mostly by well-placed politicians and Ministers. Any English newspapers used to be of 20 pages and more. Followed by Investigative Journalism carried out in Indian soil and foreign soil on Indian corrupt practices. All these news articles have come down in numbers especially on BIG number corrupt practices. This is authenticated by certain in..