Finance

What is Commercial Due Diligence & How to Create a Strategy for it?

Usually, private equity firms or large businesses use the term called “commercial due diligence” to make judgements on whether a particular asset is a good investment or a bad one. This term can be used in a lot of other spheres like property, business, etc. In case you are wondering what commercial due diligence is and how to make a strategy for it, you have come to the right place. Read on to find out more about it. No matter how small or big, a deal shall never be carried out without in-depth commercial due diligence. To define commercial due...
Finance

Know what is the Use of a Demat Account?

Opening a Demat account has a few advantages. Some of these incorporate decreased desk work, lower exchange settlement time, cost reserve funds, and safe holding of all interests in a single spot. In any case, many sprouting financial backers find it hard to grasp its details. This is frequently because numerous new financial backers don't have an unmistakable thought regarding how to work a Demat record or purchase shares utilizing a Demat account. The data beneath may help amateurs and experienced financial backers comprehend how to use the Demat account. What is a Demat account? Theoretically, a Demat account carries...
Finance

Why Do Businesses Need Loans?

You might have heard an old saying that you have to spend money to make money, and it is, of course, true. If you want your business to grow, you need to invest in the growth expenses, including equipment property and advertising. The issue is that managing all these expenses besides running the business can be challenging, and paying upfront for the business needs is impossible until the company is seeing any growth. The problem is circular. Unless you start investing, you cannot grow, but you will be wondering how you can invest in a business while keeping the money...
Finance

What is Section 94A of the Income Tax Act?

Summary: The unaccounted or undisclosed money held by Indians abroad has always been a concern for the Indian Government. To exercise better control over such information, section 94A was added in the finance act (2011) of the Income Tax Act. Read further to delve into Section 94A and its provisions. There have been various reports about Indian citizens secretly stashing their money in foreign countries to keep it off the eyes of the Indian Government, thereby avoiding tax and other complications. For the Government to keep a check on the tax evasions and the illegal flow of money, they must...