Category: Finance

Business is never about you as an individual. Business tends to affect all the people benefitting or related to the business i.e., the stakeholders. Also, business is all about risk and risk management. Most of the decisions taken in a business involve risk in some form or the other. Your business activities have the potential to affect a lot of stakeholders along with the financial consequences of the business risk being so high that it has the potential to wipe out a small business entirely. In case the business is still able to survive the mishap, you would lose face in front of the customer. Hence, due to the high risk nature of business, it becomes extremely important to have insurance cover for your business or insurance cover for the risk associated with it; since the insurance would take care of the parties affected by the business activities. Multiple companies and online websites provide business insurance e.g., www.tradesmansaver.co.uk.

When we talk about businesses, we talk about uncertainty and the risks involved. Every business decision made, involves a certain amount of risk. When the management sits for a business making decision, the final question comes down to whether the risk is worth it or not. However, wouldn’t it be great if we can minimise this risk and uncertainty to even a small extent? This would not only give some peace of mind and will add to the confidence to pursue the risk. In addition, further ensuring the business owners doesn’t have to worry about the losses and instead they can divert their energies to other matters at hand which would result in the further growth of the business. There are definitely some pros of having an insurance policy. Firstly, if the business owner needs any additional loan, he can take a loan against the policy. Also, in case of death of any one of the partners, in case, there is an insurance policy, enough amount is provided to restart the business. And last but not the least, you can avail insurance and medical covers for your employees. At the end of the day, the employees are the responsibility of the management. It’s very rightly said “if you take care of your employees, they will take care of your business”. You can check online websites to get the best quotes for your business and decide which works best for you. For example, www.tradesmansaver.co.uk.

Finally, be it individual or business, it pays to have an insurance policy. It takes away a lot of stress and allows you to focus your time and energy on other things that can help grow your business instead of spending time working about the loss in case things don’t go as planned. There is no harm in being safe rather than worrying about things later. Use the energy to make something bigger and better.

A Story of how BitCoin can change our life

Being one of employee in a global company could make everybody proud. The salary income is another thing. Sometime the seniority would not align with the salary enhancement. Most people remain stagnant in their comfort zone enjoying their life in the middle age of their life until the pension period.  Nowadays, there is another option to give you more quality of life. It can be set by Bitcoin Trader, as one ofthe leading mining software to earn more Bitcoin value.

Having bitcoin investment does not mean that you have to quit from your current job. This opportunity only requires a small amount of time for you to monitor and control your investment. Almost all of the activities would be execute auto-pilot by the software. You only need to follow the instructions step by step in the beginning.

Recent reviewed show that this software has an overall score of 9.3 per 10 which show how trusty this software among other options. The success rate is 99.4% that is almost perfect to give you the opportunity to bring a bitcoin outgrowth day by day. There is a demo account for free from Bitcoin Trader where you can start to learn before doing it in the real trading. You can spend some times to get used to the platform, such as the indicators, tools, or trends available to interpret how the situation goes.

After you join demo account and you learn a bit, then you can convince yourself to try it in the real trading. The first funding only required a minimum $250 deposit. You can start to earn after you settled a deposit in your account. Put it into an auto-pilot mode is a simple way for a new beginner. Monitor and control it day by day and see how it could earn you more bitcoin.

The growth of bitcoin value is stored into your wallet. This could be used to buy many things from online stores. You even could cut your expense budget by replacing the expense with mining income. It might give you the flexibility to manage your financial cashflow.

There are a lot of online stores that received Bitcoin in their payment. The retailer options are Overstock, Expedia, Microsoft, eGifter, Newegg, Shopify, Dish, Roadway Moving Company, and many more. You can see how that big opportunity could impact to your life if you take an action to invest in bitcoin.

Some testimonies from current users show that their average income from auto-pilot mode could reach a sum of 13,000 Euro daily. It could be exceeded by your current daily income from conventional work. Therefore, it becomes a promising way to gain more passive income in a very simple way.

About the software

Started in the month of September 2017, Bitcoin Loophole is a new trending cryptocurrency trading software. Developed by Steve McKay, the software is developed in such a manner that it can produce significant results within just 24 hours of the starting of the software. Not getting confused by its name, the entire software is genuine and is one among the latest bitcoin softwares that has a robust level of coding and is very accurate in terms of the results that it provides. It is designed in such a manner that both experts and novice can use it easily without having any further course of doubts. Initially the settings need to be done manually but with time they get automatic and hence ease up the further process. This article discusses in detail about the entire system of Bitcoin Loophole.

The way to register

The method of registering is very simple and lucid. One needs to visit to the official website of the Bitcoin Loophole, fill a form over there to obtain the free version of the license and then follow the rest of the instructions as given on the website to start earning profits in terms of bitcoins. However, the number of customers that can be registered per day is very limited and hence one needs to register within the pre-set time, else on expiry of the window time the person has to wait for another 24 hours to avail the services. A minimum deposit of US $250 is required to open the account and then run it.

How does Bitcoin Loophole Work?

Bitcoin Loophole works on a series of complex algorithms and uses superfast computers to execute all of the programs at a very high speed and with a very high accuracy. The entire experience provided by the software is very smooth and sleek and does not pose any form of risk. The returns provided by it are very hefty and one can easily earn huge profits from it. The accuracy of the software is very high and it has met all of the average standards as set by the industry.

This is definitely the software for those investors who are looking for a way to invest in crypto currency. Being well encrypted and firewall protected is the biggest reason for using this software and it also comes with some essential features that can help the investors make a lot of profits.

The need for the money may arise at any time. The situation can turn worst when you are not financially strong. The financial institution offline performing at the high level take enough time to place the loan in front of you. They involve application presentation, inspections and security to grant the loans. However, there are still some lenders to meet your demand for loans at the same day. The struggle of monetary resources can be eliminated by consulting these lenders. There arises certain situation when you fail to meet the expenditure through the funds in your hands. You start searching for someone who can help you with the financial resources. The Wisconsin- Based business helps you meet the need for money. The instant loan facility is given to the borrower.

Service to the Borrower

The payday service involves the short-term loan to the borrower. The receiver can pay off the loan on the day when salary gets credited into his account. Since they provide instant and quick loans their interest is generally higher. The borrower has to fill the application form with the correct data. Borrowers are also expected to enter the amount of loan they are seeking for. After considering the amount of loan, the lenders sanction the funds to the applicants. Such companies are legally registered and they are enforceable by the law.

Highly Recognized Financial Institution

This service is generally available online. The organization never demand for faxing the data. They involve consultation with the highly recognized institution. Such institution enjoys the confidence of the consumer. They takes into consideration the amount of loans and settle the agreement at affordable rate. The chances of rejection of the application is less. Such companies involves the risk and they earn the profit through the interest collected from the borrower along with the capital amount.

Service to the Bad Credit Borrowers

Services to the borrower with the bad credit is not ignored. The financial institution don’t exploit such customers with the higher amount of interest on the loans. The impression turns out bad when you fail to pay off the loan on the due date. They don’t take into regards your condition and why you failed to pay. They monitor the activity of the third party agencies. The borrower submitted application for the same day loans can be confident of the secrecy of their data.

The Aadhaar card linking has made mandatory by the government for all the resident of India. All the citizen of India needs to link the Aadhaar card with their active mutual fund investment. The government has already asked the mutual fund companies to make sure their investors should link Aadhaar to mutual funds by the limited time given by the government. If an investor fails to link the Aadhaar with their mutual funds, then their  mutual fund investment will be inoperative after the given deadline of the government. The imperative means that they still are holding the mutual fund but they won’t be able to perform operations like purchasing, new ones, or sell or switch their existing holding.

If you one of the mutual fund investors who want to link their Aadhaar card yet, here is step by step good for linking your Aadhar with the funds.

Link our Aadhaar card via online at Karvy, CAMS and others.

The very first step of linking your Aadhaar to the mutual fund investment is to register your number and email id. Using the online portals restart your email id and mobile with the mutual fund’s investments you are holding. Make sure that the number you update with the mutual fund should be the same that is registered with your Aadhaar card. Go to the CAMS, Karvy, Franklin Templeton and Sundaram BNP Paribas websites to do the process. This will take maximum 2 minutes to register your number and email id.

You can also link your Aadhaar card with the mutual funds using the SMS service. Karvy and Cams offer the SMS service linking process to the people just go to their website and look out for the process. If you are more like the traditional way person of doing the documentation within-person facility then there is an option too. So, you can also link your Aadhaar card via filling a physical form and submitting to the officials.

Things you should know about the Aadhaar card linking

• Aadhaar linking the respective mutual fund investment is not mandatory for the NRI’s
• The government has announced that the offline linking facility is only for the organizations and non-individuals.
• According to the Aadhaar card linking regulations, if you have a folio with multiple holders then all the holders need to link their Aadhaar you can’t link only the primary holder’s Aadhaar.
• If anyone fails to link the Aadhaar with the mutual fund investment by the given time then the folios will be frozen and they can access it to perform a task.

Final Steps For Linking

1. Visit the CAMS website for linking your Aadhaar card, the CAMS website holds the authority to access all the Aadhaar card information it will help you in linking your Aadhaar with the mutual funds. After landing on the website click on linking the Aadhaar card.

2. Now, there will be a short form to fill your needs to fill in your details including, Email id, PAN number, mobile number, and Aadhaar number. While entering your mobile number make sure you enter Aadhaar registered mobile number. For mutual funds there will be an option for the company with mutual funds, select your bank or company for mutual fund Aadhaar linking and hit the submit button.

3. Afterward, you will be taken to another window where you will be asked to enter the One Time Password sent to your registered mobile number. You will receive an SMS counting the OTP and you need to enter the top in the box and click submit button in the last. Once you click the submit button you will receive a success message on your mobile for successfully lining your Aadhaar with the mutual fund.

Do you want to incorporate ways so that you can make your existing or ensuing Home Loans even more affordable regarding Home Loan interest rates? Read on!

The government of India is keen to roll out homes for all since it has a policy named ‘homes for all by 2022’ and it has fuelled the real estate industry.

Home Loan borrowers are feeling the benefits of the same as leading service providers, and non-banking finance companies (NBFCs) have reduced their Home Loan interest rates.

Yes, Home Loans are available at a rate of 8.35%, and you can further make it even more affordable if you follow some handy tips or steps. Have a look!

Extend your tenor

You can reduce your Home Loan interest rate easily if you plan to extend your tenor. How? It’s because your principal and rate of interest get equally distributed across over a larger number of months. However, even though your Housing Loan EMIs will become inexpensive, you will have to pay more interest on the principal which remains higher.

Increase the down payment

Another significant way to keep your Home Loan interest rates is increasing your down payment. Even though lenders may offer to cover the entire price of your new home, try putting down at least 20% as the down payment so that you have to manage 80%. This is the best method to meet long-tenor credits such as housing loans which comprise of paying back for many years.

Go for Home Loan balance transfer

If you are an existing Home Loan subscriber and analyze that you are paying a higher Housing Loan interest rate than what is available in the market, opt for balance transfer. Home Loan balance transfer helps you transfer your existing Home Loan account to a new lender who is providing a reasonable deal on the Home Loan interest rate. What’s more, Home Loan balance transfer also helps you apply for a top-up loan to the tune of Rs.50 lakh at a lower rate so that you can manage other costs.

Avail the facility of premature repayment

One of the easiest ways to bring down your Home Loan interest rate is by putting down any surplus or bonus amount and opting for a premature repayment. When you get a large amount of money from some sources such as bonuses, selling value out of the ancestral property and more, do it. It’s best to do it during the initial stages of your loan tenor so that your principal could go down. When this happens, it helps you reduce the interest rate on the successive payouts.

The Bottom Line

You just went through some easy-to-implement methods to bring down your Housing Loan interest rates. The best part is that these steps work greatly even if you are an existing Housing Loan subscriber or planning to apply one shortly.

Apply for a Home Loan with leading non-banking finance companies (NBFCs) over the web and avail the benefits as mentioned above. All the best!

Retirement is often considered a ‘golden period’ and this period should not mean being concerned about money matters for which you have almost given your life!

People approaching their golden phases of life should have a sure-shot financial plan ready that provides with enough income flow for you and your family.

If you are a senior citizen or even a standard citizen who is vying for a reliable and sure-shot retirement investment, fixed deposits are the finest financial product to opt. Why? The prime reason is that the returns of a fixed deposit are fixed, and not impacted by ROI as compared to mutual funds.

Being a senior citizen pays you back as leading online companies offer you bonus 0.25% FD interest rates. If you are Indian resident who is above 60 years, you would expect to get one of the highest FD interest rates on senior citizen in the market today.

Hence, after having said that, is the FD for senior citizens are worth it? Let’s provide you some benefits of a senior citizen fixed deposit that will help you know more!

Senior citizen fixed deposit – Some immediate benefits at a glance!

Assured safety

The senior citizen fixed deposit is laced with a safety cover. Fixed deposits are insured up to Rs.1 lakh as under the Deposit Insurance & Credit Guarantee Scheme of India, regulated by the Reserve Bank of India. Compared to equities which are impacted by market fluctuations, fixed deposit plans have emerged a safe investment option for all.

Fixed returns

As compared to the ROI in the mutual funds or stock markets, the ROI in a fixed deposit is higher. Use a free fixed deposit calculator on a lender’s website and know how much you will earn. Fixed deposits have high stability, and it makes their ROI higher as well.

Higher FD interest rates

Leading non-banking finance companies will let you earn as high as 8.10% on the opening of an FD account with only Rs.25,000. Want to know what your savings will earn? Use a FD calculator available free on a lender’s website to exactly calculate your future savings super-quick.

Offers good degree of liquidity

Did you know that fixed deposits carry a greater degree of liquidity when you face any financial crunches? Yes, you are free to break them when you face a desperate need for money. Although a premature withdrawal of your FD would not provide a standard citizen any interest returns as promised, a senior citizen will give a bit lesser ROI as promised had you completed the tenor. What’s more, you will also have to cough up some penalty for doing that.

Tax benefits

As per the Section 80C of the Income Tax Act, you are entitled to save up to Rs.3 lakh in taxes if you are a senior citizen. To enjoy this facility, all that you need to do is, declare your interest income at the time of filing your IT returns every financial year. 

The Bottom Line

With so many features and benefits of the senior citizen FD, do you still need any validation if it’s really worth it? You can apply for an online senior citizen FD with a prominent online lender and get one step closer to a smarter retirement planning!

A chartered accountant loan is a kind of personal loan designed to cater to the professional requirements of chartered accountants in mind. Any certified CA is considered to be a reliable and credible borrower by the loan provider. The following are some of the rules to be kept in mind when applying for a CA loan, as these can be important determinants of the chartered accountant loan interest rate:

1. Make a budget: Most banks and NBFCs offer loans of up to Rs. 35 lakh. However, it is advisable to set a budget beforehand by calculating how much you need to establish a firm, hire or buy an office space, furniture, etc.
2. Have a good credit score: A low CIBIL score may act as a hindrance. In that case, close your other loans, clear your credit card dues, and pay off all debts.
3. Review the repayment structure: When fixing the repayment schedule, opt for EMIs that you can practically afford. This may enable you to repay the professional loan minus a hitch.
4. Opt for a reasonable tenure: it is always wiser to select a short loan tenure when selecting a reasonable EMI. It not only helps you close the Bajaj Finance loan for Chartered Accountants faster, but also makes you more disciplined with your money.
5. Check the interest rate: reputed lenders often provide competitive CA loan interest rates. Review every aspect of the loan before availing.
6. Keep the margin ready: Although the CA loan will expectedly provide the major share of finances, you may still have to pay a margin. Keep some funds ready that will help you avoid subsequent difficulties.
7. Cover it with a term plan: a term insurance plan covering your professional loan will take care of the loan repayment in case something goes wrong. It will save your family from financial crisis.
8. Read between the lines: before signing the loan documents, read the fine print to look for the charges, fees, and other terms and conditions.
9. Do not view it as a tax saver: loans offer tax benefits in India. However, a CA loan should be availed only if you need it for professional reasons and not as a tax saving instrument.
10. Apply for one loan at a time: multiple applications reduce the chances of your loan getting approved.

Also, it is important to note that according to the CA loan eligibility criteria, the borrower should be a qualified chartered accountant from a registered educational institute, with a minimum of 4 years’ work experience post-qualification. The age of the borrower should be between 25 and 65 years, and he/she should own a property (commercial or residential) in his/her name. The CA loan interest rate is often lowered, as compared to a regular personal loan or small business loan.

Being an accountant, you are already a step ahead when it comes to understanding financial terminology. Thus, you are at an advantageous position when it comes to making a loan-related decision. However, it is still imperative to execute an in-depth analysis of each loan product and research your loan provider before making the final decision. Choose the loan that best suits your needs, and also see if a collateral-free loan is what you are seeking. It is also important to check the repayment tenor under each option and acquaint yourself with the interest rates. These factors will let you know which lender is offering you the most competitive funding option.

Also, it is advisable to ask your usual loan provider the features and advantages of availing loan for CA professionals as well as all the fees and charges associated with it. Once you get all the relevant information in advance, it will aid in the successful completion of the loan application process and see if it is a good solution for your needs. For example, knowing about the line of credit option is a good idea as it reduces your EMIs when it comes to dealing with unforeseen expenses.

Property investment is an eye-catching solution for individuals looking for ways in making their money work harder for them. It can produce larger profits than more traditional forms of making a smart financial commitment such as in shares, equity or bonds. Investing in properties are done either for the rental benefits it provides, or the main capital growth which can occur through rising property costs. Looking to invest in property development in Australia? Property costs have on average more than doubled every 6 – 9 decades over the last 60 years. There are very few investment strategies which have the potential to obtain such large profits on capital; hence why property often is unique as such an eye-catching financial commitment proposition.

Property Development includes a variety of activities and operations from purchasing area to creating and creating features. One meaning of property development is “the constant reconfiguration of the built environment to meet society’s needs.” While this can be anywhere from streets to high-rise offices– the “average” trader working on small to medium-sized residential development tasks. In order for a Residence Designer to be successful, need to have the aspirations and tolerance that the procedure requires.

Market Research

If you are serious about purchasing area an element of fortune is required, as is time, effort and analysis into the industry for creating plots of land and development area. It is strongly advised that you invest a while looking at suitable places, ancient area revenue, industry rates for area with and without preparing authorization, and the speed at which it offers. This level of analysis will give you some really excellent background knowledge and a lot of ideas as to what to expect when you come to buy that dream creating story.

Property Growth Budgeting

As a significant part of the exact property development procedure you need to budget carefully and include for the expense of getting area, growth and development of the plans and requirements, regulating mortgage approvals, the expense of the develop itself, account for any professional fees, and allow for marketing and costs on finishing the growth. Keep in mind also that if you are looking for people who are selling property, plots of land in extremely suitable areas you will probably need to pay a top quality, and you will also pay more if the area has preparing authorization already in position.

Buying Land with Planning Permission

If you have identified a parcel that you are interested in purchasing, before going and getting you should think about preparing authorization. It is always smart to contact a nearby local planning authority to determine whether or not they will allow you permission to develop in the first place – and in the way you want. However, be careful not to think that if you purchase area with preparing authorization connected that you will be able to press forward and develop whatever you want to.

It is always extremely recommended for making sure you know exactly what you are/ are not eligible to do under the planning permission linked to the area. With local authorization being so vital in terms of your long lasting strategy, it is important that you develop an excellent relationship with the planning authorities and other authorities at the local planning authority.

Short-term investments such as fixed deposits are those which offer a maturity period ranging between 1-5 years and also called temporary investments.

People who prefer such investment options are the ones who want to maintain a specific liquidity and also have enhanced the safety of capital in mind.

When it comes to the return on investment (ROI), short-term investments offer a very competitive interest-rate. People invest in short-term investments with some specific purpose in mind.

For example – if you want to buy a car in the near future, you may save for a temporary period of 1-5 years and accomplish your goal.

Thus, in the same context, let’s provide you five short-term investment schemes so that you can take an informed decision.

Indian finance industry offers various short-term investment plans nowadays such as:

• Saving Account    

As the name suggests, a saving account helps you save money with the highest liquidity amount laced with fabulous security for your wealth. The only issue is that a saving account offers a return on interest between 4-6% as per the tenor and deposited amount.

• Gold Investment

Want to avail market fluctuations and stability even during inflation and banking crises? Invest in gold because its demand and value have been on the rise over many years. Mind it; you can grab a massive 23.5% ROI on gold. If you have some saving, invest in gold and be sure to reap a bigger share of profits.

• National Saving Certificate

The National Saving Certificate allows a fixed-term period of 5 years offered by the Postal Department of India and is a highly beneficial scheme. Why? It’s because a maturity amount is not taxable. However, you should note that the interest amount is not free from tax.

• Bonds

Because of their risk-free nature and high liquidity option, bonds have gained immense popularity these days. They are nothing but funds which you can offer in the form of loan or government or the corporations. Your principal amount is returned to you after your maturity period coupled with a specific interest rate per annum.

• Fixed Deposits

When it comes to short-term investment, fixed-deposits are one of the most profitable and safest options.

They are laced with a pack of advantages which also includes credibility and a higher stability, the option of an online application, flexible tenor periods ranging from 12-60 months and most essentially, and a bountiful return on your savings.

You can grab best-fixed deposit rates or ROI or FD return on your investment ranging between 7.85%-8.10% as per your membership status with the lender.

You can start off your FD investment with a minimum Rs.25,000 and earn a good fixed deposit interest rate.

Nowadays, leading lenders are offering highest FD rate which you can make the most of and fulfil a short-term investment as per your wish.

A fixed deposit has also become popular due to its higher fixed deposit interest rate. As a result, leading online lenders have started to provide the facility of FD calculator.

With the help of an online FD calculator, it becomes clear as to how much ROI a person will earn on his/her investment.

Talking of leading fixed deposit lenders, NBFCs offers highest FD rate these days and could be a recommendation if you are looking for a profitable short-term investment.

The Bottom Line

Now that you know the leading and most profitable short-term investment options, it is the right time to invest in one such as a fixed deposit and kick off a healthy saving. All the best for your short-term investment ventures!