Be a part of Prime Minister Narendra Modi’s dream of creating a world-class smart city in India – GIFT City! Located just 30 kilometers from Ahmedabad, this 800-acre city is focused on becoming a global financial hub, and is home to 67% commercial establishments, 22% residential properties, and 11% social facilities. Now’s your chance to be a part of this amazing development! #giftcity #ahmedabad #smartcity #worldclasscity #worldfinancialhub #bigcompanies #socialfacilities
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Credit card rates at 36-40% are very high. Always aim to pay the full amount instead of just the minimum due.
Paying only the minimum can lead to a growing debt pile and more interest.
Manage your finances wisely to avoid hefty interest costs. Using a credit card is convenient, but be cautious of its pitfalls. 🚫💳💰📈
[Finance, Tax, Credit card, Treding]
Read below 👇
Are you perplexed about why startups burn so much money to expand? The game, my friend, is all about LTV - Lifetime Value! 💰💡
Picture this: you're spending to acquire 100 new customers through paid marketing. Out of these, 10 might become repeat customers, generating revenue without any future marketing costs. That's the crux of the expansion - scale up the customer base to increase the number of repeat orders without additional marketing!
But where does LTV fit into this? LTV represents the total amount a customer might spend on your product in their lifetime. This value guides how much you can afford to burn in marketing.
In essence, these decisions hinge on calculating LTV. So, the friend who's burning 300000 per month to generate 1000000 in revenue? He's playing the long game, betting on LTV and the power of repeat customers.
Stay tuned to this channel for more such insights into the startup ecosystem.
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#Startups #BusinessStrategy #LTV #CustomerAcquisition #MarketingStrategy #RepeatCustomers #LifetimeValue #Entrepreneurship #BusinessGrowth #FollowForInsights
Three years into investing in Debt Mutual Funds and I stumble upon this game changer! If you're unaware, these funds primarily invest in debt instruments, with less than 35% in equity. The perks? Comparable returns to Fixed Deposits (FDs) but with long-term indexation benefits, taxed at a mere 20%.
However, an unexpected twist in the tale! My friend just dropped the bomb - the government has discontinued the indexation and tax benefits from these funds as of April 1, 2023. But why, you ask? To prevent debt mutual funds from being more beneficial than FDs and to ensure more funds flow to banks.
Looks like it's time to reassess my investment strategy. Meanwhile, it’s time I follow Shubham on Instagram for these crucial updates. Better late than never, right?
#InvestmentTips #DebtMutualFunds #TaxUpdate #FinancialAdvice #MutualFunds #InvestmentStrategy #Finance101 #StayInformed #FollowShubham #InvestSmart
What is the most important thing a Franchiser brand should do before giving out a franchise?
The location of a franchise store is crucial for a franchiser for several reasons. Here are some of the key importance of location:
1. Target Market: The right location allows the franchiser to reach and attract their target market effectively. Understanding the demographics, purchasing power, and preferences of the target customers helps in selecting a location where the franchise store can thrive and generate sales.
2. Visibility and Foot Traffic: A strategic location with high visibility and foot traffic increases the chances of attracting potential customers. Franchise stores located in busy areas, near popular attractions, or in shopping centers have more exposure and opportunities for customer engagement.
3. Competition and Market Saturation: Assessing the competition and market saturation in a particular area is essential. The franchiser needs to ensure that the chosen location has enough demand and is not oversaturated with similar businesses. A well-placed franchise store can capitalize on a market gap and gain a competitive edge.
4. Accessibility and Convenience: Convenience is a significant factor for customers when choosing where to shop. A franchise store located in a convenient and easily accessible location, with ample parking or close to public transportation, can attract more customers and encourage repeat visits.
5. Brand Image and Reputation: The location of a franchise store can influence the brand image and reputation. Being situated in a prestigious or upscale area can enhance the perceived value and quality of the products or services offered by the franchise. On the other hand, a poorly chosen location might negatively impact the brand's reputation.
6. Local Regulations and Zoning: Franchisers need to consider local regulations and zoning laws when selecting a location. There may be restrictions on signage, operating hours, or specific requirem
Why you should not buy more than 2 houses in India?
Watch reel to know more 👇
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#finance #House #capitalgain #trending #newmusic
⚠️ Important GST update read full 👇
The GSTR-10 Final Return is required to be filed by taxpayers who have canceled their GST registration. The return is used to provide details of the stock held on the date of cancellation and the tax liability arising from the stock. The GSTR-10 Final Return must be filed within three months from the date of cancellation of the GST registration.
The GST Amnesty Scheme was introduced in response to the difficulties faced by taxpayers in filing their GST returns due to the COVID-19 pandemic. The scheme is aimed at providing relief to taxpayers who have not been able to file their returns due to various reasons, including technical glitches in the GSTN portal, or lack of clarity regarding the GST rules.
Under the GST Amnesty Scheme, taxpayers who have not filed their GSTR-10 Final Return can do so without any penalty or late fees. The scheme is applicable to all taxpayers who have canceled their GST registration before 1 January 2022. However, taxpayers who have already been issued a notice for non-filing of the GSTR-10 Final Return are not eligible for the scheme.
The GST Amnesty Scheme is a welcome relief for taxpayers who have canceled their GST registration but have not been able to file their GSTR-10 Final Return due to various reasons. The scheme provides an opportunity for such taxpayers to file their pending returns without incurring any penalties or late fees. However, it is important for taxpayers to take advantage of the scheme before the deadline of 30 June 2023, to avoid any future penalties.
#Gst #finance #gstupdates #shubhammaloo #tax #ahmedabad
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#finance #charitable #Money #tax
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Guidelines for importing laptop in India:
Personal Use: To import a laptop duty-free, it should be for personal use and not for commercial purposes. It should be intended for your own use and not for resale.
Used or New: The laptop should be considered used and not brand new. It should have been in your possession and used by you for some time before bringing it into India.
Documentation: When you arrive in India, you will need to provide the necessary documents to prove that the laptop is for personal use. This may include a copy of your passport, travel history, and any receipts or invoices related to the laptop's purchase.
Customs Declaration: Upon arrival, you will need to complete a customs declaration form and declare the laptop. Be honest and transparent while filling out the form and provide accurate details
#laptop #finance #financecreator #influencer #financeblogger #shubhammaloo #import
Got featured in Radio Mirchi for my views on withdrawal of 2000/- note by the government.
Thanks @rjkrutarth bro. And @mirchigujarati for this opportunity!!!
#finance #tax #shubhammaloo #ahmedabad
Before purchasing insurance🩺, it's important to consider several factors to ensure you have the right coverage.
Here are some key points to check:
1. Sublimits💊: Review the policy's sublimits, which are specific caps on coverage for certain expenses or losses. For example, check if there are sublimits on valuable items like jewelry, electronics, or artwork. Make sure the sublimits adequately cover the value of your possessions or consider additional coverage if needed.
2. Deductibles❓: Understand the deductibles associated with the insurance policy. A deductible is the amount you must pay out of pocket before the insurance coverage kicks in. Evaluate your financial situation and choose deductibles that you can comfortably afford in the event of a claim.
3. Exclusions➖: Carefully read the policy exclusions, which outline situations or perils not covered by the insurance. Common exclusions may include intentional acts, acts of war, or certain natural disasters. Ensure you understand the exclusions and assess if any significant risks are not adequately covered.
4. Policy Limits✋: Check the overall policy limits, which define the maximum amounts the insurer will pay for covered losses. Consider your needs and potential liabilities. For example, in auto insurance, evaluate the liability coverage limits, while in business insurance, assess the general liability policy limits.
By carefully considering these factors and reviewing the policy details, you can make an informed decision and ensure that your insurance coverage adequately protects you in the event of a loss or claim.
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#finance #financecreator #shubhammaloo #Insurance #tax
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Personal loans are typically unsecured loans that provide a lump sum of money upfront, which you then pay back with interest over a set period. In contrast, an overdraft facility is a line of credit attached to your bank account, which allows you to overdraw your account up to a certain limit.
Which is better? Watch this video to understand
#PersonalLoan #OverdraftFacility #FinancialAssistance #MoneyMatters #Banking #CreditOptions #UnsecuredLoan #LineOfCredit #ChooseWisely #FinancialEducation #MoneyManagement #CreditScore
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Read below👇
In India, taxes on vehicles are levied by both the central and state governments. The taxes include registration tax, road tax, and other charges such as pollution control and fitness certificates. These taxes vary from state to state and depend on factors such as the type of vehicle, engine capacity, and purpose of use.
Arunachal Pradesh is one of the states in India that offers lower taxes on commercial vehicles compared to other states. This is because Arunachal Pradesh is a landlocked state with limited access to ports, and the government wants to promote economic growth in the state by incentivizing businesses to operate there. Additionally, Arunachal Pradesh is a less populated state, which means that the government does not have as much revenue from taxes as other states.
Therefore, some travel companies based in other states may choose to purchase their buses in Arunachal Pradesh or register them there to take advantage of the lower taxes. This can result in cost savings for the travel companies and potentially lower ticket prices for passengers.
#Bustravel #Finance #tax #Shubhammaloo
Donations to political parties qualifies for deduction in tax liability.
In many cases, donations went to parties which are registered but hardly known. A few examples are Rashtriya samajwadi party,Sardar Vallabbhai Party Apna Desh Party, Bhartiya Jan Kalyan and so on.
Income tax department on the basis of a raid conducted last year claims that these donation are bogus.
Watch this video to know possible options with the taxpayers for justifying these donations.
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For any query dm me.
#donation
#politicalparty
#bjp
#congress
#finance
#financeinfluencer
#shubhammaloo
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The Finance Minister has proposed limiting deductions from capital gains on investment in residential houses under Sections 54 and 54F to INR 10 crore.
Industry experts say this will affect the market for ultra-luxury homes as the capping of capital gains is expected to hit sales of these properties, which are mostly in metros and tier-I cities.
The proposal is seen as a speed bump for luxury projects as the capping of long-term capital gains tax exemption is a negative for high net worth individuals (HNIs) and ultra-high net worth individuals who previously used the provisions to offset their gains on the sale of prime residential properties or on the sale of other eligible capital assets (mainly equity shares).
For more such informative content [email protected] now🔥
#Capitalgain #ca #finance #tax #realestate #southbopal #homedecor
Are you an investment advisor looking for a comprehensive tool to evaluate your client's financial health? Look no further than @finergyapp
This innovative platform allows you to assess your client's financial situation quickly and accurately using a simple questionnaire.
With Finergy, you can generate a "Finergy Score" that will provide you with insights into your client's financial status, including their risk tolerance, debt-to-income ratio, and overall financial stability. This information can help you make more informed investment decisions and better tailor your advice to your client's needs.
But that's not all - Finergy also provides you with a personalized roadmap to help your clients achieve their financial goals. Whether it's saving for retirement, paying off debt, or investing in a new venture, Finergy can help you create a plan that is customized to your client's unique circumstances.
So why wait? Sign up for Finergy today and take your investment advisory practice to the next level. With its powerful analytics and intuitive interface, Finergy is the ideal tool for any advisor looking to stay ahead of the curve and provide their clients with the best possible financial advice.
Don't let your clients fall behind - use Finergy to help them achieve their financial goals and secure their financial future. Try it today and see the difference for yourself!
#finergy #shubhammaloo #finance
Splitting equity with cofounders can be tough, but following certain rules can make it easier. Aim for an equal and fair split based on trust and effort.
Don't forget to use vesting - a schedule that ensures each co-founder earns their equity over time. It's important to prove your worth before getting a share.
[email protected] @devanshlakhani for more valuable lesson!
#startuplife #equitysplit #cofounders #vestingschedule"
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"Taking care of your finances is crucial for a secure future. A financial checkup with #Finergy can help you assess your investments and plan for the long term. Investment advisors can use our simple questionnaire to guide you towards financial success. Don't wait, start your checkup today!
#financialplanning #investments #securefuture #moneymanagementtips
The Washington Post reported in February 2019 that Amazon Inc. paid no taxes for the calendar year 2018.😲
Although nations like the United States, India, Russia, China, and others are thought to have the largest economies in the world, it may surprise some people to learn that some of the smallest nations, like Mauritius, Cyprus, and Malta, draw significant amounts of foreign investment from these nations.🤯
This is due to the favourable taxation systems in these countries, which allow businesses to move their income to affiliated firms there and thereby eliminate all of their tax obligations. These countries are referred to as tax havens.😇
Do you wanna know how?
Watch this video now⤴️
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and @swatisinghaniamentor for more such content.
#finance #taxhaven #ca #collaboration
Read caption for details:
Section 44ADA of the Income Tax Act, 1961 provides for a simplified tax regime for professionals such as doctors, chartered accountants, architects, and others.😲
The section provides for a presumptive income scheme under which a professional can declare 50% of their gross receipts as their taxable income, without the need to maintain detailed books of accounts. ❌
This can help save tax in several ways:
1️⃣Reduced Record Keeping: Under the presumptive income scheme, a professional does not need to maintain detailed books of accounts, which can be time-consuming and complex. This can help reduce the compliance burden for professionals and save them time and effort.
2️⃣Lower Taxable Income: By declaring only 50% of their gross receipts as taxable income, professionals can lower their taxable income, which can result in lower tax liability.
3️⃣Tax Deductibles: Expenses incurred in the course of carrying out professional activities can be claimed as deductions under various provisions of the Income Tax Act. These deductions can help further reduce a professional's taxable income.
4️⃣Easy Filing: Under the presumptive income scheme, a professional only needs to file a simple tax return, as opposed to a detailed one. This can simplify the filing process and save time.
It is important to note that Section 44ADA is optional and a professional can choose to be taxed under the normal provisions of the Income Tax Act if they prefer. In such a case, they would need to maintain detailed books of accounts and claim deductions for expenses incurred in the course of carrying out their professional activities.🔥
#Finance #tax #money #motivationdaily #architecture #architect
Recently, celebs like Rajkummar Rao and Sunny Leone have become victims of loan fraud and PAN misuse, which brought down their credit score.😲
So what can you do to not be a victim of loan fraud? Keep track of your credit score and report any suspicious loans bringing down the score.😀
Visit https://www.cibil.com/ if you have suffered from the fake loan fraud.
Always be cautious of your personal information and regularly check your credit reports to avoid becoming a victim of identity theft.
Watch this video to know in detail the action steps.
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Finance Minister Nirmala Sitharaman on February 1 announced that individuals with an income of up to Rs 7 lakh will not have to pay any tax under the new tax regime.🧐
But what about old regime? Do you know that in old regime you were already not paying any tax till 7 lakh. 😲
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How?
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Watch this video to know.🔥
And follow @ca.shubhammaloo for more.🚀
#Finance #budget #budget2023 #tax
if you run an e-commerce business and are required to collect taxes in a particular state, you must register with that state's GST. ❌
Without registering, you won't be able to collect the taxes listed on invoices (such as IGST, CGST, or SGST). ✔️
So, if you're starting an e-commerce startup, be prepared to follow the rules and regulations.🤝
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@ca.shubhammaloo
for more such content on Finance,Tax and Money❤️
#Shubhammaloo #Flipkart #gst #Finance
Eating in or Eating Out food both are easy.🥣
What difficult is understanding the tax implication on it.🧐
As per Sec. 17(5) of CGST Act 2017, GST ITC on Food and Beverages supplies are blocked credit for registered person.❌
Understand how you can make certain expenses in a way that you can claim the optimal Input Tax Credit!!!🤯
Share this video to someone who is registered under the GST.🚀🚀
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for more such content on Finance and Tax.
#Finance
#tax #gst
#charteredaccountants
"Trademarks are the backbone of any successful brand.
Not only do they protect your company's name, logo, and other identifying features, they also give you an edge in the competitive world of business.
With a registered trademark, you can rest assured that your brand is legally protected and can be distinguished from others.
Invest in your brand by registering your trademark today!
#trademarks #branding #intellectualproperty #businesssuccess"
Do you know the value of Google's Trademark?😲
Watch this video.
You can now book a 1:1 session from the link in my bio.✔️
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