Browse Category: Finance

Using Our Maturity To Take On Every Aspect Of Life

All the people out there in the entire world are different from each other in a unique way. The difference is not what aloofs us from each other but our thoughts do. We all belong to the same kingdom which marks our existence as the most and the only creative and social animal on the entire planet.

Just give it a thought… contemplation no longer needed

Have we ever thought of the hard times we went through before getting at this point? We really had tough times. We have made through it by dint of our hard work and continuous efforts made in a deliberate direction to serve the right purpose. The world kept changing all these years and we are the sole reason behind the good and the bad aspects of it.

Changes do occur

If we take our memories a decade back and compare it with the present, we are sure to get versed with the changes that took place. My struggle as an accounts student during my school days is still as fresh as a bud and how hard I found the everlasting book keepings crammed full of mind-numbing calculations. It all started with the introduction of boolean algebra in my life. I was sick of it and wanted to get rid of it. That was when I happened to know about a secret formula to create truth tables instantly. Today, things are relatively simpler as there are online tools like the one on this website which helps you create truth tables in a matter of seconds. 

My experience will count for sure

Even today as an employee working in a Canada based firm, I find it a bit excruciating to nail the newbie concepts of HST and GST. But the advent and rise of the internet made it a cakewalk for me and others who used to bitch the changes that kept taking place. Now HST calculation for me is a child’s play. I can easily fetch the efforts of our scientists to my use. 

We all owe it one

This website has really helped me a lot and is still keeping me ahead of all my competitors in the office. We all need to take a pause for a moment keeping our priorities aside to appreciate all those efforts made by our people that keep dragging us out from hot waters whenever we needed.

Maturity will help you avoid criticism

There are people who consider these inventions and creation as bane that play with our capabilities and self-reliance. The critics consider it as a tool that makes us lame and hinders our mental growth. We all have our own ways of describing things. Some see the pros while others harp on the cons. Both aspects can never be ignored. But aren’t we matured enough to separate the good from the bad?  

We need to see it as a gift provided to us for our own benefits and ought to make the most out of these creations instead of blaming it for our downfall.

We live in the 21st century where we need speed and accuracy to walk neck to neck with the present competitive world. So why not use these inventions to the best of our capabilities? There are lots of things to do and life is too short. The faster we are, the better.

The Growth Of Small Business In India

The remarkable growth of industries and small businesses have brought drastic changes in the market leading to high-end competition. This revolution in the present market has completely changed the scenario by inducing the rise of other complementary small scale companies with their innovative and competent introductions. We keep coming across plenty of creative and efficient platforms that walk hand in hand with the changes happening on a daily basis

The implementations come with difficulty but for a short time.

The government also keeps implementing new laws from time to time. The initiatives taken by the authority motivate the companies to rise with more deliberate and staunch products to attract more customers.

Recently the Indian government came up with a concept of GST (Goods and Service Tax) in the country after prolonged debate and reformation. Some wholeheartedly welcomed the concept while some criticized it with perfect rhyme and reasons. But with more people in favour of the decision made by the government brought the concept to life.

Set the concerned people at unrest for a while

The implementation of GST forced the accountants to shake their inertia for a while in order to get the hang of the nascent concept. Meanwhile, many small scale companies faced immense problem in developing the understanding. It was way different from the one they had before it. The small business owners though got the better of the complication that the concept of GST brought with it.

Creations that really helped

The government is still making changes in the existing GST. Meanwhile, the concerned companies are coming up with online GST calculator and similar platforms. The introduction of online GST calculator brought a sigh of relief on the faces of small business owners who had taken it as a financial hurt. They now can calculate the tax to be paid without hiring any account prowess who drags a fat amount during the process.

Stories that matter

I personally know a person who had to go through a lot while filing the GST and got ripped off by a private accountant. He had to pay a lot to the person as a part of his fees. Now with the introduction of such websites calculation of GST has become rather easy. He now does it all by himself without any difficulty.

The number of small scale businesses is increasing by leaps and bounds, ultimately creating even more jobs on every level. This will certainly help to fight unemployment and bring the vicious cycle of poverty to a halt.

Good news

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India has developed an ecosystem that gives startups and small business an opportunity to grow exponentially into big businesses. According to a report generated by KPMGrising internet penetration blended with digital dividends for SMBs could help increase SMB contribution to India’s GDP by approximately 10 percentage points by 2020.

Government matters

We can see the market filled with lights hanging on the shops which itself screams out the growth statistics of the small business of any country. These businesses contribute to the country’s economy and push it forward. It is very important for the government to promote small business by providing them with financial support and tax relaxation. This liberal initiative will definitely motivate more businesses to come into existence.