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Navigating Taxes and regulations for Gold Bullion investors!
Investing in Gold bullions can be a lucrative venture, but it comes with its own set of tax implications and regulatory considerations. As a savvy investor, understanding the tax landscape and regulatory framework is crucial for maximizing returns and staying compliant. In this blog post, we will delve into key aspects that gold bullion investors need to navigate to ensure a successful and legal investment journey. Read on to know more. Before moving ahead, first let’s talk about benefits of gold bullion investing. Benefits of Gold Bullion Investing Navigating tax and regulations for Gold bullion investors! Taxation on Gold Bullion Gains One of the primary concerns for gold bullion investors…
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Important things to remember for a successful rental property investment!
Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised.” – Russell Sage Investing in rental properties can be a lucrative venture. It can provide a source of passive income and long-term financial growth. However, success in real estate requires careful planning and consideration of various factors. If you are planning to buy a rental property for investment, then I would love to share my experience regarding in this subject. In this blog post, we shall explore key pointers to remember before making rental property investment, and we shall also talk about at the often-overlooked aspect of tax depreciation…
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Managing family finances: Moms and mutual funds are more alike than you think!
Mothers are superheroes of families. They know the art of handling multiple things all together. They wear many hats simultaneously and fulfilled various roles with selfless love and care. From being a chef to teaching their kids and managing finances of family, they have knack for everything. Among all household responsibilities, managing finances is one of the crucial aspects for family’s economic stability. in traditional era, moms have used various traditional methods (like saving secret money in boxes) to help their family in case of financial emergency. Now, things have changed. in today’s fast paced world, along with traditional methods, it is equally important to investing your money smartly. Mutual…
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6 Amazing ways to use technology to save money!
Technology is an integral part of our day-to-day life. Especially in this Covid-19 era, digital tools and modern technology have become a lifeline for all of us. Technology has helped us in dealing with pandemic challenges and allow us to stay connected with limited in person interaction during pandemic. In fact, as per a recent survey, about 58% adults has said that internet is the most essential thing for them during this pandemic time. From education to healthcare, technology has become an important part of several transitions. In this fast-paced world, we all know the amazing benefits of using technology is our everyday life. But do you know, along with…
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8 Important things to consider before buying a car!
“I am not just buying the car; I am buying a lifestyle”- Lynn Johnston So true. Buying a car is a significant investment of life. It brings a sense of comfort and luxury in your life and make your commute a lot easier than before. However, on practical side, it is an important financial decision that requires proper pre-planning and researching all important aspects before making a final decision. If you are planning to buy a new (or may be used) vehicle, then this post can offer a good help. I am sharing 8 important things to consider before buying a new car. Read the post to know more! 8…
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6 Amazing benefits of E-commerce for MSMEs!
In recent era, E-commerce and digital technology options have immersed as one of the most powerful marketing strategy for all types of businesses. With pandemic stress, E-commerce has become a necessity for businesses. It is helping them in re-constructing their businesses and supporting in overcoming the challenges caused by pandemic restrictions. As per OECD.org, “The COVID-19 crisis has accelerated an expansion of e-commerce and provided access to customers to a significant variety of products from the convenience and safety of their homes. E commerce has enabled firms to continue operation in spite of contact restrictions and other confinement measures”. Specially for MSMEs (Micro, small and medium enterprises) E-commerce and digital technology…
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9 Important things to consider before buying an overseas property!
In recent time, buying an overseas property has become a popular investment strategy. Large number of population are finding this as a lucrative and attractive option to invest their wealth. One side, it seems like a “dream come true” feeling for many individuals, other side it helps in “Internationally diversification” of your assets. Diversifying your assets internationally offer lots of benefits. It helps in reduce the risk of investments and protect your assets in case of adverse life events. Benefits of international diversification of property There are many benefits of international diversification of property. Such as: Whatever is the reason or motive behind the buying overseas property, it is a big and important financial…
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How to create a budget that you’ll actually stick to!
Budget is the best tool to manage your finances effectively. Creating a budget is most important step that will help you achieve your long term and short-term financial goals. Though many people considered “Budget” as a negative term and view it as a way to restrict your expenses and enjoyment of life but in reality, budget is the best way to create a solid financial foundation for future. It is the most valuable tool for effective financial planning that helps you live your dream life. As per definition, “A budget is a financial plan for a defined period often one year. It may also include planned sales, volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows”. Here are some amazing benefits of creating…
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#ECommerceInnovation: How supporting small businesses helps the economy!
Small businesses are back bone of our country. They support the Indian economy and play a vital role in socio-economic development of country. As per reports, India has a second largest small businesses in the world (about 43 million). These small businesses are one the most powerful and dynamic factor that help in making India fastest growing economies of world. Our prime minister Narendra Modi strongly believes and advocate the power of small businesses in supporting Indian economy. In a letter addressed to small businesses in the country, Modi has called small businesses the “real back bone of country”. He has said, “Vegetable sellers, milkmen, grocers, washermen, newspaper Wallas, weavers, artisans, flower-sellers and so…
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#GrowingBusinessesTogether : All you need to know about MSME Sector before getting into it!
It is a well-known fact that MSME (Micro, small and medium enterprises) are back bone of Indian economy. They played a vital role in providing large number of employment opportunities and contribute extensively in socio-economic development of country. What is MSME? What is previous and revised classification of MSME? What is role of MSMEs in improving Indian economy? What is MSME registration process and amazing benefits of MSME registration? Read the post to know more! First, begin with the basics! What is MSME (definition)? MSME stands for Micro, small and medium enterprises. As per Wikipedia, “The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India…