India will have more than 907 million internet users by 2023, accounting for nearly 64% of the population, according to Cisco Annual Internet Report. The report has highlighted that devices and connections are growing faster (7% CAGR) than the population (1% CAGR) in the country. This trend has been boosting the growth in the average […]
Archives for 2020
SpaceX signs deal to fly 4 space tourists around Earth in about two years
The interior of SpaceX’s Crew Dragon capsule SpaceX SpaceX will fly four privately-paying space tourists to orbit in its Crew Dragon capsule, the company unveiled on Tuesday. “This historic mission will forge a path to making spaceflight possible for all people who dream of it, and we are pleased to work with the Space Adventures’ […]
Hong Kong’s Nov-Jan unemployment rate rises to 3.4%, highest in three years
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate rose to 3.4% in the November to January period, the highest in more than three years, government figures showed on Tuesday, as worries grew over the economic impact of the coronavirus. The labour market had slackened further as economic conditions remained weak, Secretary for Labour […]
New Chancellor confirms 11 March Budget date
The new Chancellor Rishi Sunak has confirmed that the Budget will take place on 11 March, ending speculation it would be pushed back to give him more time. In a Tweet today Mr Sunak said: “Cracking on with preparations for my first Budget on March 11. “It will deliver on the promises we made to […]
Instant PAN through Aadhaar – How to apply for instant PAN?
Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. This facility is free and available on the Income Tax e-filing website. It is a completely paperless process with the issuance of e-PAN card nearly real-time. The e-PAN card issue via this method holds similar value as a physical PAN card. This […]
How to Create a Prepaid Expenses Journal Entry
Do you ever pay for business goods and services before you use them? If so, these types of purchases require special attention in your books. You need to create a prepaid expenses journal entry. So, do you know how to record prepaid expenses? Don’t panic if you don’t. Instead, follow this simple guide to recording […]
#FASuccess Ep 164: Making The Hard Transition From Financial Advisor To Business Owner Of Your Advisory Firm, With Julia Carlson
Executive Summary Welcome back to the 164th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Julia Carlson. Julia is the founder and CEO of Financial Freedom Wealth Management Group, a hybrid RIA based in Newport, Oregon, that oversees nearly $300 million of assets under management for almost 1,000 client households. What’s unique […]
OECD director: Agreement on digital services tax underway
The Organisation for Economic Co-operation and Development (OECD) is hopeful that member states will come to a consensus on a cross border tax system reflective of the “digitisation of the economy”, according to Pascal Saint-Amans, the organisation’s director of the centre for tax policy and administration. “There is broad recognition that reaching a multilateral solution […]
SoftBank’s latest fund wheeze sets off new alarms
By Chris HughesSoftBank Group Corp. became vulnerable to activist attack by Elliott Management Corp. because of the harmful noise generated by the Japanese technology investor’s giant Vision Fund. That noise just won’t die down. Sunday brought a report in the Financial Times that Vision Fund head Rajeev Misra is looking to raise a multi-billion dollar […]
B2B e-commerce firm MaxWholesale raises $3 million in new funds
Illustration: Rahul Awasthi MaxWholesale, a B2B e-commerce platform for kirana (mom-and-pop stores) has raised $3 million led by Indian Angel Network and Al Falaj Investment Company (AFI), an Abu Dhabi based private family office. Existing investor Maple Capital also participated in this round along with Infoedge’s ex-CFO Ambarish Raghuvanshi, Maple Capital’s Abhinav Grover and Biba […]