Vipin Sanger

36 key points OF FM Sitharaman Press Conference on 'Mission Atmanirbhar Bharat' held on 13 May 2020- Easier loans for MSMEs; income tax return deadline extended; lifeline for discoms India is in the 50th day of its nationwide lockdown imposed in the month of March by Prime Minister Narendra Modi to battle Covid-19 spread in India. PM Modi addressed the nation on Covid-19 crisis and the ongoing lockdown situation, five days before the termination date of Lockdown 3.0. PM Modi announced an extension of lockdown and said that the details regarding the same will follow soon. This is Prime Minister's fifth special address to the nation in the last two months. FM Nirmala Sitharaman's press conference comes a day after PM Modi announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in INDIA. This package is the second largest in Asia after Japan. Credit: republicworld.com As per FM Nirmala Sitharaman “Atmanirbhar (self-reliant) India does not me...

In recent years technology has evolved at a much rapid pace, so fast that it has almost gained a life of it's own. Technology has been making continuous advancements in each & every field including our very own Profession of Accounting. During its journey, accounting has seen many transformations as a result of the changing business world. Stating a small example: Shift from pen & paper to the digital spreadsheets even for the purpose of bookkeeping shows how the evolution of technology in the modern era leads to the digitization of the entire accounting process. With the influence of this digitization & automation, the need to 'get a hold'; on these emerging technologies has become a crucial point. This will be key to professional success for accountants. Two of these technologies: Artificial Intelligence (AI) and Blockchain have the potential to reshape the accounting profession as we know it.  In basic terms, Artificial Intelligence (AI) technology is intelli...

Jio Platforms, a wholly-owned subsidiary of the Reliance Industries Limited (RIL). It is a next-generation technology Reliance Industries Limited (RIL) building a Digital Society for India by bringing together Jio’s leading digital apps, digital ecosystems and India’s no: 1 high speed connectivity platform under one roof. Jio has built a world-class digital platform powered by leading technologies such as  Smart Devices, Cloud and Edge Computing, Big Data Analytics, Artificial Intelligence, Augmented and Mixed Reality and Block-chain. Jio has created an eco-system comprising of affordable tariffs for every Indian to experience the Jio Digital Life. During the current Covid-19 crisis, Jio’s platforms have been a dependable and inclusive Digital Lifeline for our Nation.The partnership between Facebook and Jio has been extraordinary in many ways. This is the largest investment for a minimum stakeholdership by a technology company anywhere in the world and the largest FDI in the techn...

Considering the financial stress that a lot of salaried individuals could be facing due to covid-19 pandemic, government allowed special provision for withdrawal from Employees’ Provident Fund (EPF) account on 20 March 2020. Since announcement Employees’ Provident Fund organization (EPFO) has processed about 1.37 lakh claims disbursing an amount of about 2.8 billion. The remittances of the moneys have already started happening. Typically, funds withdrawn from EPF account before the completion of 5 years of continuous service attract tax, except in certain conditions like a medical emergency or where the worker or the employer finish up their business or for the other reason beyond the control of the employer. However, even just in case you opt to withdraw funds from EPF account due to covid-19 pandemic, such withdrawal are going to be exempt from tax. Here is what proportion and the way you'll withdraw the funds. How much you'll withdraw? You can withdraw up to 3 m...

If you're in your 20s, this is the proper time once you can set a perfect stage for your life to line yourself up for a bright future, you would like to form the proper financial decision and luxuriate in your life during a hassle-free manner. For securing a stress-free retirement, you ought to start building the solid financial habits which include budgeting in your 20s.

On the face of it you'll , because there's the cash within the bank that's maybe not doing much. After all, the bank is paying you 0.00001% on your time deposit account, you do not understand the stock exchange so there is no point risking it there because you'll lose tons quite whatever you've seen within the shop will cost you. Why not treat yourself?

There are many problems which will occur when trying to save lots of money . one among the most important problems that folks run into is problems with making and sticking to a budget . I do know that I can personally attest thereto. However, I even have picked up some helpful recommendations on this very subject. I'm learned the following pointers from my parents, from my friends, and easily from useful websites . For this reason, i'm getting to be writing about a number of the pitfalls of budgeting and the way to beat them.

The Tax Support Y ou may are during a situation where you've planned to save lots of money rather than overspending it. you'll have planned to shop for only what's necessary, stop eating out and control the urge to online shopping. Unfortunately, at the top of the month, you've ended up spending quite what you've thought you'd. Stopping overspending isn't as easy because it seems to be and if you actually want to save lots of money, read on to understand four quick and straightforward tips and tricks. Why shouldn't you overspend? In spite of the very fact that overspending may be a 'subjective' term, most folks tend to spend quite what we should always. Though it's going to not be easy to believe that you're overspending, the sooner you realize the very fact , the better it gets in controlling your urge to spend more. If you're one among those that purchase items because they're hooked in to those, ask yourself whether ...

Do you make purchases using credit cards?  Does one want to understand why you should not be using credit cards? A number of you'll think that employing a card is intelligent. There're basically three reasons that cause you to feel so: • Reward points like cash back • Zero interest if you pay on time • No got to carry cash We hardly got to pay the cardboard issuing bank anything aside from the minimum annual fee. Then how do these banks earn profit using their customer? Let's explain with an example: We use Facebook for free of charge, right? Then how does Facebook make money? They use our personal data, likes and dislikes to point out the target ads which match our needs. Now you get the purpose that there is nothing free within the world. Can you outwit the master/visa card companies? When you use a card, the parties involved within the transaction are: • The cardholder • The merchant • The merchant's bank Each time you (the cardho...

Sometimes the toughest issue regarding saving money is just getting started. it's going to be tough to figure out easy ways in which many to save lots of lots of money and therefore the thanks to use your savings to pursue your monetary goals. This bit-by-bit guide to money-saving habits will assist you develop a practical savings found out .

Finance Minister Nirmala Sitharaman on Thursday announced a relief package to help fight the Covid-19 outbreak. She said the relief package is aimed at shielding the poor during the ongoing Covid-19 pandemic.

Reserve Bank of India Governor, Shaktikanta Das addressing a press conference announced that the Monetary Policy Committee (MPC) met ahead of time and voted for an emergency rate cut of 75 basis point, effectively taking the repo rate to 4.4% from the earlier 5.15%.

Why Investing Is Important.. Investing has become increasingly important over the years, because the way forward for Social Security benefits becomes unknown. People want to insure their futures, and that they know that if they're counting on Social Security benefits, and in some cases retirement plans, that they'll be certain a rude awakening once they not have the power to earn a gentle income. Investing is that the answer to the unknowns of the longer term . You may are saving money during a low interest bank account over the years. Now, you would like to ascertain that cash grow at a faster pace. Perhaps you've inherited money or realized another sort of windfall, and you would like how to form that cash grow. Again, investing is that the answer. Investing is additionally how of achieving the items that you simply want, like a replacement home, a university education for your children, or expensive 'toys.' in fact , your financial goals will determine...