Illustration: Rahul Awasthi The Karnataka High Court on Friday stayed the Competition Commission of India’s (CCI) investigation into allegations of anti competitive behaviour by Amazon and its chief rival Flipkart for a period of eight weeks. The interim order comes as a relief to both firms that had come under the competition watchdog’s scrutiny for […]
Archives for February 2020
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking at this,” Zuckerberg says […]
Highest Tax Saving Bank Fixed Deposit Rates U/S 80C – February 2020
Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […]
Amazon’s claim unfounded, CCI tells Karnataka HC
Illustration: Rahul Awasthi The Competition Commission of India on Thursday told the Karnataka High Court that Amazon’s claim of the commission not having followed the due process in gathering evidence before ordering a probe into the company and its chief rival Flipkart was unfounded. Senior counsel Harish Narsappa, who argued for the CCI, told the […]
Here’s how clients can beat the IRA tax burden for their heirs
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Here’s how clients can beat the IRA tax burden for their heirsWith the stretch IRA strategy no longer available to non-spouse beneficiaries, advisors can help mitigate the tax impact on their heirs by converting regular IRA assets into a […]
Xero Global Release Update: February 2020
Check out the latest updates for small businesses and advisors, plus a peek at what’s coming soon. Xero changes and release updates can be found in Xero Central or keep an eye on the feature timeline for a summary of some of our bigger releases. Recently released Attach a file to a spend money – […]
What new investors should focus on
We built Liftoff for newer investors who want to get started with us for small dollar amounts and build their first financial plan. Betterment is our partner on Liftoff and it works great. I have an account on there of my own. The more I think about the topic of early investing, the more I […]
To Give is To Get: 3 Ways to Offer Value to Clients and Prospects
The saying “to give is to get” should be attributable to many aspects of one’s life and it rings true no matter what industry you work in. Giving of your time, energy, integrity, empathy, expertise and advice are just a handful of ways in which we also receive. Martin Luther King, Jr. said it best […]
Loan Default – What happens If I am unable to pay Loan on time?
Loan Default – Recently I got one email from one reader saying his financial condition is not good he is unable to pay the loan on time. What happens in the case of loan default? Well, as per rule when you take a loan, you have to repay the loan on time via EMI. However, […]
How Do You Measure Up Against Your Competitors?
Everyone wants to know how they’re doing. As a small business owner, this is critical to your survival. Because franchises often operate on tighter margins, knowing where to pull back on certain expenses (for example, marketing) or where to negotiate harder (for example, leasing property) or where to invest (buying new equipment) matters. If you’re […]