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...

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...

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...