General
TAX PLANNING: AN ESSENTIAL ELEMENT OF FINANCIAL PLANNING
Financial planning is considered to be most essential element of life. It has been rightly said that ‘Future is Uncertain’. Financial planning plays an important role in overcoming your financial uncertainties. Tax Planning is considered to be an essential part of Financial Planning. A survey conducted by Rights Horizon among IT/ITES employees with the age [...]
…… & NOW CREDIT CARD CRISIS IN AMERICA
Emergence of global financial meltdown was the effect of failure of the sub-prime mortgage and financial securities market. (Sub-prime borrowers were those that had less healthy loan repayment abilities.) The US is in deep financial trouble. The US credit card default rate have reached an all time high of 13% in March-10, and the total [...]
LUNDBORG’S LAW FOR YOUNG ENTREPRENEURS
Its every entrepreneurs wish to become successful businessmen. Here are few tips which will help you to achieve success not only in business but also in your life. Law 1 Multiply yourself. Don’t try to do it all yourself. Law 2 Pick winners. Good people are tough to get, tough to manage, and tough to [...]
INCOME TAX: A LAYMANS OVERVIEW
In today’s world nothing is free. We have to pay taxes even for our basic needs in form of vat, service tax etc. Similarly a tax is levied on income of individual or business is known as Income Tax. The incidence of income tax can be progressive, proportional or regressive. The tax levied on individual [...]