Finance Articles

Finance articles section focuses on various concepts of finance like budget, stock market and economics of various products & services. Apart from these articles on global financial institutions, different banking systems and topics of international importance in the field of finance are present.



Effect of IPO on Competing Listed Firms October 09, 2015

While small companies are making more by going public it’s a win-win situation for them, but is it same for the investors? Would an investor gain by investing in an IPO or he should invest in competitors, there’s a need to identify the movement of share price, i.e. can an investor avail the benefits of an IPO by investing in competitor or he should invest in an IPO firm. I found that IPO announcement has a positive effect on the stock price of listed competing firms whereas in the case of post listing performance of an IPO we found that the investor would have gained if he had invested the same in the IPO rather that of a competing firm.

 

GST Bill - Streamlining the Tax System October 01, 2015

GST i.e. Goods and service tax is an indirect tax that bring collectively almost all the tax that are to be imposed on all goods and services under a single banner. GST is contrary to all the other taxes, wherein they are levied separately on goods and services. On implementation of GST which is value added tax (VAT) will be replacing all the indirect taxes imposed by Indian central and state government on goods and services on which the decision of implementation is still pending. It aims at being comprehensive for almost all goods and services. India is a democratic and federal republic and hence implementation of GST will be decided by both Indian central and state government as the Central and State GST. If GST is implemented then import tax will be same as levied on domestic goods and services and export tax will be zero rated.

 

Black Money- Stain on the Indian Economy October 01, 2015

Money is a channel of transaction in any civilized societies all over the world. It is available today in the present world in two forms- apparent and hidden. The apparent form is legalised money by law and person holding it can used as per his preference and it is open for taxation, while hidden money usually referred as black money is illegalised money and the person holding it can used it as per his preference but is not open for taxation as there is no record of this black money available with the government.

 

Income Tax E-Filing - Great Step towards Accountability September 17, 2015

Taxes paid by the citizens of the country is one factor that provide strong backup to any economy. These taxes can be direct or indirect. Some of the various taxes levied are Income tax, Excise Duty, Service Tax. Custom Duty, Central Sales Tax, Value Added Tax, etc.

 

Amul – An Inspiring venture September 13, 2015

When a trickle joins another, it forms a stream; when a stream joins another it forms a tributary and when a tributary joins another it gives birth to a river. This is the story of Amul – the taste of India. When the farmers and milkmen of Anand town in Kaira district in Gujarat realized that they were being robbed of their milk’s real worth by the middlemen, they formed a union. The union was named Kaira District Co-operative Milk Producers’ Union Ltd, in 1946. This group was supported by Sardar Vallabh Bhai Patel. It was further united by Morarji Desai, who later on went on to be Prime Minister of India. It was ably led by the leadership of farmer leader Tribhuvandas Patel.

 

Goods & Service Tax (GST) - Simplifying by Transparency September 04, 2015

First of all what is GST all about. It is a comprehensive levy of indirect tax on manufacturing, selling and consuming goods as well as services. GST is a value added tax which is levied at all points in the supply chain wherein the credit is allowed for any kind of tax paid on inputs utilized in making that supply. There will be no state boundaries for the ailment of input tax credit. It has been sort as a replacement of all the indirect taxes levied on goods and services by the Union as well as State Governments. Unlike State Value Added Tax (VAT), GST does not make any difference between tax charged on goods and services and thus there is a single tax rate to be levied on both the taxable goods and taxable services in the supply chain till the goods/services reaches the ultimate consumer.

 

Indian Payment Industry – Changing Behaviour September 02, 2015

The introduction of coins in India around 6th Century B.C. brought first standardizes means of financial exchange between consumers and traders. Ease of carrying and quick exchange with correct value, complemented trade expansion. Later the coming of paper money in 1770 and Paper Currency Act of 1861 eased doing business further. Cash or fiat money had been the undisputed king of consumer payment market for 340 years. Until the recent developments in payment card industries and digital payments system started shifting monopoly of paper notes.