Team InvestMaster

Satellite Launching Services supplied by ISRO is liable for GST?

gst, money, cash

GST on ISRO Services To encourage domestic launching of satellites particularly by young start-ups, the satellite launch services supplied by ISRO, Antrix Corporation Ltd., and NSIL would be exempted. This was stated in the press release dated 5th October 2020 in the recommendations of the 43rd GST Council Meeting. By amending the exemption notification vide Notification …

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Discontinuation of Cheques from these Banks

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Discontinuation of Cheques from these Merged Banks This is a short update for the viewers that, From 1st April 2021, the following banks’ cheques will be invalid and will not be accepted in the banking system: Allahabad Bank (Merged with Indian Bank) Vijaya Bank (Merged with Bank of Baroda) Dena Bank (Merged with Bank of …

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What do Americans think of Elon Musk? | 37% of Americans made investments based on his tweets

About Elon Musk’s Tweets Tweets posted by Elon Musk that focus on cryptocurrencies. An online poll reveals 37 percent of those surveyed follow his messages. He tweets about cryptocurrencies very often. Like this meme about “Dogecoin to the moon” and people started buying dogecoin because of his tweets and even. Even some of them in …

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What are Derivatives? | Types of Financial Derivatives

stock, market, options

As Warren Buffett said “Derivatives are Financial Weapons of mass destruction” Derivatives Meaning A derivative is a product whose value is to be derived from the value of one or more basic variables called bases (underlying assets, index, or reference rate). The underlying asset can be Equity, Commodity, and Forex. Underlying Variable Meaning | What is …

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What is the Mission, Vision & Objectives of a Company?

vision, mission, goal

Management’s Job is not to see the company as it is, but as it can become The Vision Introduction to Vision While making the strategical business strategy, the management of the company should address the issue the path that the company should take. Analyzing the changes in the PMCT (Product-Market-Customer-technology) will improve the current market …

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Singapore Builds Floating Solar Farms In Climate Fight

Thousands of panels glinting in the sun stretch into the sea off Singapore, part of the land-scarce city-state’s push to build floating solar farms to cut greenhouse gas emissions. Singapore is famous for being the financial hub but it is also the biggest per capita carbon dioxide emitters in Asia and for a city with …

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E-Invoicing under GST | Turnover Limit for E-Invoicing in GST

What is E-Invoicing in GST? ‘E-Invoicing’ or ‘electronic invoicing’ is a system in which invoices are electronically authenticated by GSTN for further use on the common GST portal while providing goods/services/both to a registered person.  All invoice information will be transferred from this portal to both the GST portal and e-way bill portal in real-time. Who is required to issue e-invoice? As …

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What is your residential status? | Is your Residential Status affected due to COVID Pandemic?

Section 6 of Income Tax Act, 1961 Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to the determination of residency of a person. The status of an individual, as to whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the …

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Retail Banking | What is it? | Importance, Grown, Future, Challenges of Retail Banking in India

customer service, customer satisfaction, shaking hands

Topics to be covered in this Research In this Research, we will be discussing retail banking in India. The purpose of this research is to explain the importance and growth of retail banking and why big banking companies like IDFC First Bank (Share Price: Rs. 63.45 ), JP Morgan (share price: $149.34) is expanding their …

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What PM Modi Said on Implementation of Budget in Agricultural Sector

Complete Speech of PM Modi in the Webinar on Implementation of Budget in Agricultural Sector Your suggestions have played a very important role in this year’s budget. And when you have seen the budget, then you must have noticed that every effort has been made to incorporate your suggestions, your ideas into it.  This webinar …

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