May 28, 2023

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Monthly Archives: January 2023

Effective Tax Planning: Strategies for Small Business Owners

By Marley Sparrow
January 28, 2023
in :  Finance
Comments Off on Effective Tax Planning: Strategies for Small Business Owners
146

Tax planning is a critical component of financial health for small business owners. With the right strategy and planning, you can save substantial amounts of money on your taxes. Effective tax planning requires knowing the available deductions and credits, keeping accurate records, and understanding the tax laws that apply to your business. In this blog post, we’ll discuss effective tax …

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A Simple Guide to Reading Car Insurance Policy Wordings

By Marley Sparrow
January 17, 2023
in :  Finance
Comments Off on A Simple Guide to Reading Car Insurance Policy Wordings
139

It is essential to understand that the car insurance plan provider only adheres to the terms of the claim policy that the insured voluntarily signs. Before accepting the transaction, it is crucial to understand your policy wordings to promote mutual trust and better understanding. Here are a few of these provisions that play a crucial role in determining your auto …

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What Are The Differences Between NEFT, RTGS, And IMPS?

By Marley Sparrow
January 17, 2023
in :  Finance
Comments Off on What Are The Differences Between NEFT, RTGS, And IMPS?
142

The methods by which people can send money online and open savings account have evolved. The National Electronic Fund Send (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Services (IMPS), among other methods, are some of the ways that one can transfer money online. India uses various online services, including UPI, digital wallets, digital savings account, etc. However, the …

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What Is The Difference Between Compulsory And Voluntary Excess In Motor Insurance?

By Marley Sparrow
January 17, 2023
in :  Finance
Comments Off on What Is The Difference Between Compulsory And Voluntary Excess In Motor Insurance?
615

Most policyholders juggle between selecting compulsory and voluntary excesses in a motor insurance policy. Let’s break it down step by step to understand the concept better. Insurance companies may provide the option to share a portion of the risk associated with the selected policy. The insured would pay for this part of the claim, often called the “deductible” or “excess.” …

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