Posts

New Margin Rules

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                                                 New Margin Rules                           SEBI's new margin trading rules for traders                                                   With the aim to introduce transparency in the stock market and to decrease speculative trading,  SEBI had introduced peak margin regulations last year. The final phase of the peak margin norms will come into effect from 1st September 2021. It would be compulsory for brokers to collect the 100 percent margin required for intraday positions. What is margin? Margin is the upfront trading amount collected by brokers as security to incr...

CIBIL Score

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                                                         CIBIL Score                                                                            Measures your creditworthiness                                                                                CIBIL  Credit Information Bureau  India Limited (CIBIL) It is a credit bureau or credit information company...

EPFO Update

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         EPFO (Employee's Provident Fund Organisation)                                     Follow new rules to receive benefit s worth Rs 7 lakh The EPFO is the government body that is responsible for the pension scheme in India.  It is the world's largest Social Security Organisation in terms of clientele. In order to tackle challenges, the EPFO has taken measures and pushing online services. EPFO urging all PF subscribers to file an e-Nomination. EPFO has asked its member to file EPF nominations digitally to avail benefits worth Rs. 7 lakh. EPFO shared a demonstration video showing a step-by-step guide on how to do it. The family member of subscribers gets a family pension and insurance benefits in case of the untimely death of the member. It is an effort to extend its online services. The organization has been updating the KYC data. It helps subs...

Rule of 72

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                                               Rule of 72                                    It figures out how long it takes your investment to double                                                                                 What is the Rule of 72? This is a quick way to calculate how long it will take to double your money if it is invested at a particular interest rate. It is all about the power of time. You take the interest rate you expect to earn and divide it into 72. ...

E-Rupi

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  E-Rupi Cashless and contactless instrument  e-Rupi is a cashless and contactless instrument for digital payments. It is the latest government initiative to stop leakage in government welfare schemes. It ensures that the benefits reach those they are meant for. It is an electronic voucher-based digital payment system. It is delivered via QR code or SMS string-based voucher and does not require a card or net banking or app. The vouchers can be person or purpose-specific. Rupi does not require any physical interface for transactions. The is considered to be safe as it's prepaid.

GST Registration

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                                          GST Registration                                                                                    Goods and Services Tax The Good and Services Tax (GST) applies to all manufacturers, service providers, and traders. The procedure is totally online. Turnover GST registration becomes mandatory when the aggregate value of supply exceeds Rs. 20 Lakhs. The Ministry of Finance (MoF) simplifies the GST registration procedure to ease the tax filing process. List of Required Documents PAN card  Aadhaar card Business address proof Bank account statement Canceled cheque Incorporation certificate Digita...

Rules of Investing

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    Rules of Investing Rules of Investing-Follow the investing rules   Rules of Investing   Investing   Investing is not simple. It needs time, efforts, patience, knowledge, attitude and skill. Putting your money in saving account won’t increase your wealth. Setting aside money and investing it wisely is a good way to continuously grow your income & reap the rewards. Investing is the process of buying assets that increase in value over time   Rules After years of saving, making investment a persistence habit can be difficult. People are unsure about their path is right, people are not confident about their choice. The following steps will help you to achieve their goals.             Begin small and keep learning.             Planning is important. Visualise the goal you save for      ...