Financial Gym

Embarking on a journey into the world of finances is like setting sail on a quest for hidden treasures. In this adventure, numbers become storytellers, and ratios whisper the secrets of financial well-being. Picture it as your personal roadmap to making savvy choices and securing lasting prosperity. Together, let's unravel the mysteries of financial ratios – not as daunting formulas, but as friendly guides to empower both individuals and businesses. We're here to make finance relatable, accessible, and maybe even a bit fun. So, grab your compass, and let's navigate this financial landscape together, uncovering the wisdom that transforms complexities into opportunities. Welcome to a journey where financial know-how meets human simplicity, shaping a path to your fiscal success. Table of Contents: Liquidity Ratios Current Ratio Quick Ratio Profitability Ratios Gross Profit Margin Net Pro

Starting and running a small business is a dream for many people. But it can be difficult to get the funding you need to get your business off the ground. That's where small business loans come in. In India, there are a number of government and private sector loan options available for small businesses. In this blog post, we will have a look at some of the most popular small business loan schemes and options in India. Here is an interesting fact: Did you know that the Indian government has set a target of lending Rs. 30 lakh crore to MSMEs by 2025? This shows the government's commitment to supporting the growth of small businesses in India. Table of Contents: Popular Small Business Loan Schemes in India Other Government Loan Options for Businesses Private Sector Loan Options for Small Businesses How to Apply for a Business Loan Tips for Getting a Business Loan Conclusion Popular Small Business Loan Schemes in India

Introduction Share trading is a popular investment option in India, with millions of people participating in the stock market. Share traders can make profits by buying and selling shares at a higher price than they bought them. However, share traders also need to be aware of the tax implications of their trading activity. Table of Contents: Introduction Capital gains Profit and gains of business or profession How to reduce tax liability Conclusion In India, share trading profits are taxed under two heads: Capital gains tax (CG) : CG is levied on the profits from the sale of shares held for more than one year. Profit and gains of business or profession (PGBP) : PGBP is levied on the profits from the sale of shares held for less than one year, as well as on the profits from intraday trading and F&O trading. Capital gains CG is calculate

  In the dynamic world of finance, auditors play a pivotal role in ensuring the accuracy and integrity of financial information. They are the guardians of financial transparency, diligently scrutinizing financial records to uphold the highest standards of corporate governance. In India, the role of an auditor is particularly crucial, given the country's rapidly growing economy and complex regulatory landscape. According to a report by KPMG, India has the third-largest number of auditors in the world, with over 2.8 lakh registered chartered accountants as of 2019. The audit market in India is estimated to be worth $2 billion, growing at a compound annual growth rate (CAGR) of 7% from 2014 to 2019.  Table of Contents: Unveiling the Auditor's Mandate Delving into the Auditor's Responsibilities Navigating the Regulatory Landscape The Auditor's Impact Conclusion Unveiling the Auditor's Mandate An

  In the dynamic and ever-evolving business landscape of India, establishing a company is a momentous step towards entrepreneurial success. However, the process of company registration can seem like a daunting maze of paperwork and formalities. Fear not, aspiring entrepreneurs, for this comprehensive guide will illuminate the path towards seamlessly registering your company in India. Demystifying the Process: A Step-by-Step Journey 1. Choose Your Company Structure: Embark on your entrepreneurial journey by selecting the most suitable company structure for your business aspirations. Whether it's a private limited company, a limited liability partnership, or a one-person company, each structure offers distinct advantages. 2. Obtain Director Identification Number (DIN): The DIN is a unique identification number for directors of companies in India. Obtaining DIN for all proposed directors is an essential step. 3. Apply for Digital Signature Certificate (DSC): The DSC is the digital equ

 The Indian stock market has achieved a historic feat by crossing the 20,000 mark for the first time ever. The Nifty 50 index, which represents the top 50 companies listed on the National Stock Exchange, touched an all-time high of 20,005.40 on September 11, 2023. This milestone reflects the strong performance of the Indian economy, the resilience of the corporate sector, and the optimism of the investors. But what does this landmark achievement mean for the investors? Is it a sign of a bull market or a bubble? Should they buy, sell, or hold their stocks? How should they plan their investment strategy in the light of this event? Here are some insights and tips to help you make informed decisions.   Table of Contents: Why did Nifty reach 20,000? What are the implications of Nifty crossing 20,000? How should investors plan their strategy in light of Nifty crossing 20,000? Conclusion Why did Nifty reach

    The term “CTC” is kind of misleading. But, it clings on based on a technicality. “Cost-to-company” is technically correct, since it’s the cost companies incur on an employee. But, why should an employee care about the cost to the company? He only cares about what he gets. And what he gets is very different from the cost incurred by the company. But, in the long run, he gets almost what was promised. In this post, we are going to discuss some of the common CTC components, their benefits to employees, and their taxability. Table of Contents CTC Components table Leave Travel Allowance Other Allowances and Services Provident Fund Gratuity CTC Components table Sl. No. Particulars Received in Cash / Benefit availed in future Taxability 1 Basic Salary Cash Fully taxable 2