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2015
  • With its massive drubbing in the Delhi Assembly Elections, the BJP government is likely to attempt to keep the euphoria of the Modi wave alive with a please all Budget for the financial year 2015-16.
  • The budget will attempt to be mindful of retaining BJPs charm in its recent assembly electoral gains in states other than Delhi.
  • This budget will be largely focused on the Make in India campaign, but what the common man can expect from the Budget this year, let’s take a look –

2015

Mathematics Behind Sensex

  • Sensex is a barometer of Indian Capital Markets.
  • It is the oldest stock market index in the country.
  • The term Sensex refers to Sensitivity Index.

How the Sensex is calculated?

  • The Sensex is calculated taking into consideration stock prices of 30 different BSE listed companies. These are large, well-established and financially sound companies from main sectors. The stocks are selected based on a lot of qualitative and quantitative criteria.

2015

All business material should be written in a professional way which means that it should be clear, concise, and formal. Avoid technical jargon that only industry insiders will understand. Also avoid buzzwords. So what exactly is meant by clear and concise business writing? Well, clear and concise means that you should avoid:

Vague or ambiguous statements

While writing business documents you should avoid vague and ambiguous statements that the reader may not be able to understand or interpret.

2015

Q 1. What is GST?

  • Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level.
  • Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain.
  • The system allows the set-off of GST paid on the procurement of goods and services against the GST which is payable on the supply of goods or services. However, the end consumer bears this tax as he is the last person in the supply chain.
  • Experts say that GST is likely to improve tax collections and boost India’s economic development by breaking tax barriers between States and integrating India through a uniform tax rate.

2015
  • Well, the year 2015 has just started and for the benefit of our readers we will like to share with them Fifteen important tips for Tax and Investment Planning.
  • These tips will surely help every tax payer to save some portion of his income-tax and also proper planning for his investment.
  • Here are these fifteen tips:-

1. Cut down your tax payments

  • The first theme for the year 2015 should be to cut down all your tax payment and this is possible through two vistas.
  • First is taking advantage of all exemptions and deduction and second is ensuring Income-tax file for every member in the family.
  • If you are able to take care of these two vistas only then surely your year 2015 would be a wonderful year bringing lot of money for you as a result of tax planning and also making money grow for you by proper planning of investment based on the changes made by the Government relating to investment strategy in whole of year 2015.

Financial Management