Foreign Remittance Tax rules are changed. Now you need to pay tax when you transfer money abroad. The new rule will be effective from Oct 1, 2020. The provision for a new rule of Tax Collected at Source (TCS) was made in Budget 2020-21. There are many cases where you need to send foreign remittances […]
Archives for 2020
ETtech Top 5: Shared mobility firms turn to new biz models, e-commerce surge in the offing & more
Happy Tuesday! The ongoing lockdown has forced shared mobility startups—hardest hit by the virus outbreak—to pivot to new business models. Ride-hailing apps like Ola and Uber, and bike rental platforms such as Vogo, Bounce, Rapido and Yulu are expanding their portfolio and restructuring their category mix to gear up for a post-Covid-19 market, as consumer […]
ETtech Top 5: Shared mobility firms turn to new biz models, e-commerce surge in the offing & more
Happy Tuesday! The ongoing lockdown has forced shared mobility startups—hardest hit by the virus outbreak—to pivot to new business models. Ride-hailing apps like Ola and Uber, and bike rental platforms such as Vogo, Bounce, Rapido and Yulu are expanding their portfolio and restructuring their category mix to gear up for a post-Covid-19 market, as consumer […]
What Franchises Need From an Accountant
Keep this checklist in mind as you find someone to manage your books. May 5, 2020 3 min read This story appears in the April 2020 issue of Entrepreneur. Subscribe » 1. Stress Your Unique Needs From Frank Leggio, audit & assurance partner, Deloitte & Touche You need a firm that can support your specific operation […]
An Overview of the Consumer Credit Protection Act
When you’re in business, you’re bound to deal with credit and loans. So, are you extending credit to customers, requesting credit, borrowing a loan from lenders, or doing all of the above? If so, you need to know about the Consumer Credit Protection Act. What is the Consumer Credit Protection Act? The Consumer Credit Protection […]
#FASuccess Ep 175: The Importance Of Family Dynamics To Make (Business) Time And Regain Control Of Work/Life Balance, with Travis Parry
Executive Summary Welcome back to the 175th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Dr. Travis Parry. Travis is the founder of Make Time Institute, which helps business owners, including financial advisors, to regain control of their time and achieve better work-life balance. What’s unique about Travis, though, is that he […]
Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
Robinhood said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus. The company, which introduced millennials to equities, options and crypto trading, said the latest round was led […]
Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
Robinhood said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus. The company, which introduced millennials to equities, options and crypto trading, said the latest round was led […]
E-commerce firms seek clarity on equalisation levy
E-commerce firms based overseas have asked the government to impose equalisation levy of 2% only on the facilitation fee they get for transactions they carry out in India instead of on the full transaction and said this should be treated as their turnover. They also suggested that the levy should not be imposed on services […]
The Latest In Financial Advisor #FinTech (May 2020)
Executive Summary Welcome to the May 2020 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management! This month’s edition kicks off with the news that FTV […]