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A resource site for beginners with easy to understand income tax, gst, and finance tutorials for mastering the basics and beyond.

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Finance

Complete Guide to Starting a Partnership Business in India: Key Features, Benefits, and How to Register

Updated on November 22, 2024 I By CA Bigyan Kumar Mishra

Starting a business can be an exciting journey, and one common way to do this in India is by forming a partnership. A partnership means that two or more people come together to run a business. Each person contributes something, like money, skills, or effort, and they share both the profits and the risks of the business.In India, many small businesses choose to operate as a … [Read more...] about Complete Guide to Starting a Partnership Business in India: Key Features, Benefits, and How to Register

How to Start a Sole Proprietorship and Succeed: A Step-by-Step Guide

Updated on November 21, 2024 I By CA Bigyan Kumar Mishra

A sole proprietorship is one of the easiest and most common ways to start a business. It’s a business owned by just one person, where the owner makes all the decisions, manages everything, and is responsible for any debts or problems.If you want to start a business but don't want to deal with a lot of paperwork or complicated steps, a sole proprietorship might be perfect … [Read more...] about How to Start a Sole Proprietorship and Succeed: A Step-by-Step Guide

Different form of business – Proprietorship, partnership, private, OPC, public limited and LLP

Updated on April 24, 2024 I By CA Bigyan Kumar Mishra

Form of business is the most important decision that an entrepreneur should take at the time of registration or before starting a business.Based on the ownership, different form of businesses are allowed in India for registration.A business in India can be organized in different forms such as private limited company, OPC, limited liability partnership or LLP, public … [Read more...] about Different form of business – Proprietorship, partnership, private, OPC, public limited and LLP

Investing in Fixed deposits – Pros and Cons

Updated on April 24, 2024 I By CA Bigyan Kumar Mishra

Fixed deposits are traditionally accepted as a favored investment option among Indians. These are also popularly known as term Deposits.Even though fixed deposits are giving you a stable and fixed return, there are many drawbacks due to which many financial advisers suggest not to invest in it.Let us look into these benefits and drawbacks one by one.Drawbacks of … [Read more...] about Investing in Fixed deposits – Pros and Cons

How to improve your financial health for a better retirement

Updated on April 24, 2024 I By CA Bigyan Kumar Mishra

Financial decisions and activities can have a great impact on your retirement plan. For a secured retirement you are required to plan in advance.As a general thumb rule you should always invest not less than 10% of your earnings towards retirement.To increase your financial health you have to improve your financial habits. Below, in this article, we will be discussing … [Read more...] about How to improve your financial health for a better retirement

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