Executive Summary As the RIA industry’s continued growth has catapulted more and more firms across the $100M (or even the once-unthinkable $1 billion) AUM threshold and transformed many practices into true businesses, many advisors are finding themselves as “accidental business owners” as their firms have grown beyond themselves as the original founders and into professionally […]
Archives for 2020
Masayoshi Son’s real estate bet has some big problems
By Pavel Alpeyev and Takahiko Hyuga Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo. In a spacious conference hall at his Tokyo headquarters, the Japanese billionaire huddled with lieutenants from the startup and his […]
Google to wind down ‘Station’, working with partners to transition existing sites
Tech giant Google on Monday said it has decided to wind down its ‘Station’ programme globally through 2020, including in India, given that going online has become much easier and cheaper over the last five years. The US-based company said it is working with its partners to transition existing sites so they can remain useful […]
Tips and tricks to get the most out of Xero Projects in 2020
Tracking time and costs spent on a job is a challenge for many trade, consulting and service-based businesses. But you can now power up your project tracking with our time saving tips to help create a thriving business. Pull project time into Xero Payroll Xero Projects integrates with Xero Payroll so it’s easy to pay […]
Grants to Prepare for new Customs Declaration Processes
Did you know that there are grants available to help you prepare for completing customs declarations for importing and exporting goods once we leave the EU? Businesses will need to be aware of and prepared for the new processes which will come into force once the transition period is over. There are 3 grants available […]
AAP candidates have crowdfunded their way to power
Twenty-one Aam Aadmi Party (AAP) candidates in the Delhi state election raised campaign funds through online crowdfunding platform ourdemocracy.in, with as many as 18 of them winning. The Arvind Kejriwal-led AAP swept the February 8 poll, winning 62 out of 70 seats. Deputy chief minister Manish Sisodia, Atishi Marlena, Gopal Rai, Saurabh Bhardwaj and Sanjeev […]
UK Accounting Watchdog Checks on Coronavirus Fallout on Audits – The New York Times
LONDON — Accounting firms should do all they can to obtain information needed to complete audits of multinational client companies that risk being delayed due to the coronavirus epidemic in China, Britain’s accounting watchdog said on Sunday. Companies face statutory deadlines for publishing audited financial statement, and delays creates nervousness among investors. Global auditors like Deloitte, […]
China’s mobile and digital dominance runs deep into Indian economy
Sometime in 2019, India overtook the US to become the second largest smartphone market in the world, after China. Of the 158 million units shipped (meaning made available in the Indian market), around 114 million, or 72%, were Chinese brands, said Counterpoint Research. Xiaomi led the pack, with Vivo, Realme and Oppo figuring among the […]
San Francisco’s Clever Girls Facebook group is a place for people who love live music — and raptor memes
“Clever girls” is a popular, music-focused Bay Area Facebook group that was started by a Facebook user known as “Concert Raptor” who wanted to bring people together and give away tickets to shows. Courtesy of Ari the Raptor Just before the 2015 edition of San Francisco’s Outside Lands music festival, a mysterious Facebook user who […]
Dividend Income Taxable – Should you switch to Mutual Fund Growth Option?
As per Budget 2020, dividend income from shares and mutual funds is taxable in the hand of recipient as per applicable tax slab. This means the dividend income which was earlier tax exempted has become taxable. Additionally, any dividend income above Rs.5000 in a financial year will attract tax deduction at source. Many Dividend Mutual […]