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5G NETWORK IN INDIA

5G NETWORK IN INDIA

RELIANCE JIO TO LAUNCH “MADE IN INDIA: 5G NETWORK BY NEXT YEAR
MUKESH AMBANI’S STATEMENT WHILE ADDRESSING THE SHAREHOLDERS & PROSPECTIVE INVESTORS DURING THE 43rdANNUAL GENERAL MEETING.

“I HAVE GREAT PRIDE IN ANNOUNCING THAT JIO HAS DESIGNED AND DEVELOPED A COMPLETE 5G SOLUTION FROM SCRATCH.
THIS WILL ENABLE US TO LAUNCH A WORLD CLASS 5G SERVICE IN INDIA, USING 100% HOMEGROWN TECHNOLOGIES &SOLUTIONS.”
                   -MUKESH AMBANI

 

AMBANI HAS FURTHER ADDED THAT SERVICE WILL BE READY AS SOON AS THE 5G SPECTRUM IS AVAILABLE IN INDIA AND CAN BE READY FOR THE DEPLOYMENT IN NEXT YEAR.

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NEW ITR FORMS FOR AY 2020-2021

NEW INCOME TAX RETURN FORMS

ITR 1

FOR INDIVIDUAL
  • ·        SALARY INCOME, ONE HOUSE PROPERTY
  • ·        OTHER SOURCE
(TOTAL INCOME upto RS.50LAKH)

THIS FORM IS FOR INDIVIDUALS AND HUF’s NOT HAVING INCOME FROM PROFITS AND GAIN OF BUSINESS OR PROFESSION.

FOR INDIVIDUALS AND HUF’s  HAVING INCOME FROM PROFITS AND GAIN OF BUSINESS OR PROFESSION.

ITR 4
FOR INDIVIDUAL AND HUF’s WITH PRESUMPTIVE INCOME FROM BUSINESS OR PROFESSION.

ITR 5
FOR PERSONS OTHER THAN (1)INDIVIDUALS, (2)HUF, (3)COMPANY AND (4)PERSON FILING FORM IRT-7.

ITR 6
FOR COMPANIES OTHER THAN COMPANIES CLAIMING EXEMPTION UNDER SECTION 11.

ITR 7
FOR PERSONS INCLUDING COMPANIES REQUIRED TO FURNISH RETURN UNDER SECTIONS 139(4A) OR 139(4B) OR 139(4C) OR 139(4D) ONLY.

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How To Get GDP Data

Business strategy GDP. Chart made with chalk on a blackboard stock images

Sources for GDP Data

 The world bank hosts one of the most reliable web-based databases. It has one of the best and most comprehensive lists of countries for which it tracks GDP data. The International Money Fund (IMF) also provides GDP data through its multiple databases, such as World Economic Outlook and International Financial Statistics.


Highly reliable source of GDP data is the Organization for Economic Cooperation and Development (OECD). The OECD provides not only historical data but also forecasts for GDP growth.

The disadvantage of using the OECD database is that it tracks only OECD member countries and a few nonmember countries.

Importance of GDP
GDP is used as an indicator for most governments and economic decision-makers for planning and policy formulation


In case of GDP, each component is given the weight of its relative price. In market economics it clicks as prices reflect both marginal cost of the producer and marginal utility for the consumer, i.e. people sell at a price that others are willing to pay

GDP helps the investors to manage their portfolios by providing them with guidance about the state of the economy

Calculation of GDP provides with the general health of the economy. A negative GDP growth portrays bad signals for the economy. Economists analyse GDP to find out whether the economy is in recession, depression or boom


The GDP of a country can be calculated in the below mentioned rates

  • Expenditure approach,
  • Income approach
  • Value-added approach

Following is a simple way to calculate the GDP. GDP = consumption + investment + government spending) + (exports-imports) and the formula is                                              GDP = C + I + G + (X-M) 


where:

C= spending by consumers,
I= investment by businesses,
G= government spending and

(X-M)= net exports, that is, the value of exports minus imports. Net exports may be negative i.e. imports are more than exports.
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CREATIVE SMALL BUSINESS IDEAS PART 1

CREATIVE SMALL BUSINESS IDEAS
 PART 1
  1.REAL ESTATE PHOTO SERVICE
  • AS MORE PEOPLE ATTEMPT TO SELL THEIR OWN HOMES THROUGH ONLINE PLATFORMS, THE DEMAND FOR REAL ESTSTE PHOTO SERVICES IN INCREASING.
  • A BASIC SHOOT FROM A PROFESSIONAL PHOTOGRAPHER COSTS AROUND $250. 8 SHOOTS PER WEEK +$20000/WEEK.
  • PROFIT: $104,000PER YEAR

 2. BLOGGING
  • FIND A NICHE TOPIC TO WRITE ABOUT THAT YOU ENJOY AND KNOW A LOT ABOUT
  • PROVIDE VALUE TO YOUR READERS AND DRIVE TRAFFIC TO THE BLOG THROUGH FACEBOOK, INSTAGRAM, ETC.
  • INCOME VARIES, BUT $1K FOR 30K VIEWS/MONTH IS A FAIR ESTATE
  • PROFIT: $40,000 PER YEAR (100K VIEW/MONTH)

3. NEAREST TOILET
  • CREATE AN APP THAT SHOWS USERS WHERE THE NEAREST PUBLIC TOILET IS
  • USERS CAN RATE TOILETS BY QUALITY, CLEANLINESS, PRICE, ETC.
  • USERS CAN ADD NEW LOCATIONS WHEN THEY FIND A NEW TOILET.

4. ICE CREAM VENDING MACHINES
  • PURCHASE A BUNCH OF VENDING MACHINES ($3 TO $5K PER MACHINE)
  • FILL VENDING MACHINES WITH A COLLECTION OF ICE CREAMS (0.5 EACH IN BULK). SET MACHINES UP AROUND BUSY PUBLIC BEACHES.
  • SELL FOR $2.5 EACH. 30 SOLD PER MACHINE PER DAY.+75/DAY
  • PROFIT : $189,000 PER YEAR (10 MACHINES)

5. DROPSHIPPING
  • FIND A NICHE EXAMPLE :YOGA MATS
  • BUY MATS FROM SUPPLIERS IN CHINA ON SITES SUCH AS ALIEXPRESS.COM $2 PER MAT
  • MARKET ON AMAZON.COM, SHIP DIRECTLY FROM SUPPLIER WHEN PURCHASE IS MADE
  • SELL 10 MATS PER DAY AT +$15 PER MAT

  • PROFIT : $47,320 PER YEAR

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THINGS TO KNOW ABOUT THE BUYING A NEW CAR

THINGS TO KNOW ABOUT THE BUYING A NEW CAR

    INVEST IN SOME ASSETS. 
     

    MOST PEOPLE THINK JUST BECAUSE YOU HAVE MONEY, YOU NEED TO HAVE A CAR.


    INVEST IN SOME ASSETS THAT WILL MAKE YOU RICH ENOUGH TO BUY THE CAR 10X OVER.

    THAT’S WHY THE FINANCIALLY LITERATE DO WHEN THEY HAVE THE ABILITY TO.

    YOUR CAR’S VALUE WILL DECREASE BY 20% TO 30% BY THE END OF THE FIRST YEAR.

    INSTEAD, BUY A CAR THAT’S COMING OFF A 2 TO 3 YEARS LEASE.

    THESE ARE STILL NEW AND SHINY WITH LOW MILLAGE BUT COST 30% LESS.

    BE WISE WITH YOUR MONEY.

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    Side Hustles You Can Start Now

    Side Hustles You Can Start Now


    Web development

    Web development is the work involved in developing a website for the Internet (World Wide Web) or an intranet (a private network). … Among web professionals, “web development” usually refers to the main non-design aspects of building websites: writing markup and coding.




    Start a blog

    A blog (shortening of “weblog”) is an online journal or informational website displaying information in the reverse chronological order, with the latest posts appearing first. It is a platform where a writer or even a group of writers share their views on an individual subject.
     

    Instagram marketing


    Digital marketing is the component of marketing that utilizes internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. 



    Photography 

                

    The art or practice of taking and processing photographs.



    Remote tutor

    Online tutoring is the process of tutoring in an online, virtual, or networked, environment, in which teachers and learners participate from separate physical locations. Aside from space, literature also states that participants can be separated by time.


    Pod casting

    Podcasting is a free service that allows Internet users to pull audio files (typically MP3s) from a podcasting Web site to listen to on their computers or personal digital audio players. The term comes from a combination of the words iPod (a personal digital audio player made by Apple) and broadcasting.


    Sell on Etsy

    Etsy is a unique marketplace. Buyers come here to purchase items that they might not find anywhere else. Everything listed for sale on Etsy must be handmade, vintage or a craft supply.

    Drive for Uber/Ola

    Uber is a platform where those who drive and deliver can connect with riders, eaters, and restaurants.


    Write e book

    An eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader.

    Affiliate marketing
     

    Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make. 

    Travel consultant

    Determining clients’ needs and suggesting suitable travel packages. Organizing travels from beginning to end, including tickets, accommodation and transportation. Supplying travelers with pertinent information and useful travel/holiday materials.

    Online coaching

    online coaching involves a tool such as Skype, Adobe Connect, Google hangout, GoToMeeting or others. It also involves two (or more) people who have a common interest- working through challenging situations or unsatisfactory results in their lives or work. 
    Posted on

    Top 7 Benefits of Investing in Real Estate

    Top 7 Benefits of Investing in Real Estate

    House, Real Estate, Building, Residence

    Real estate investment is one of the most popular and profitable investment in term of high return rate and high profit. Real estate investment has a potential to gain long term and short-term business success with different investment motives. When someone put his investment in real estate market or property business, he may open the door of multiple advantages or benefits for his property business.
    Apart from the other type of business, investors could also enjoy a steady income flow that may lead his business toward financial freedom. Only a right real estate market strategy, business plan and investor goals streamlined or brings right real estate benefits.
    Here, we are going to discuss few benefits of real estate investment for a successful property business.

    Black Handled Key on Key Hole

    The Benefits of Real Estate Investing

     

    Investment with High Return and Profit

    If you as an investor choose right real estate investment than be sure about your secure future. Real estate has many benefits, high return and high profit is one of them. Your real estate investment decision could be one of the best decisions of your life in term of getting high profit or return in a very short time. Through your real estate investment, you can generate wealth on your rental, buying or selling property or could be hedge against inflation. Real estate expert and professional would be able to get profit on their house for sale, plot for sale and on rental properties. Real estate investment converts your passive income or cash flow into profitable profit or return.

    50 Euro Banknote Folding on Top of Piled Coins

    Stable Income

    As we all know that real estate investment is much and stable than stock exchange or import-export investment. The other market investments going through many fluctuations on daily basis, but real estate does not have daily basis fluctuation, its prices fluctuate once in 5 or 10 years. Only real estate investment stables your income as compare to other investments. The real estate investment is like a high-profile job but with desired income or profit.
    Once you invest your money into real estate market or other real estate types, you will be able to collect your fixed return along with high profit. If you put your investment in rental properties than you would be able to get fixed periodic profit without your active involvement. As we all know that the real estate market prices vary from area to area or country to country, so profit and income is directly related to your real estate market. Others factors doesn’t affect real estate market directly so remember one thing about this investment that it is stable and safe than other.

     Money, Finance, Mortgage, Loan

    The Assets Value Increase over Time

    As real estate investments have many types or real estate assets. Through these real estate assets or investment types, investors could get high profit because real estate assets values increase over time. As you have rental property so you very well that rents increase day by day due to increasing demand of facilities available and high inflation rate. If you have asset like house for sale, its value could be increase over time to get high profit on it. As construction cost rates increased day by day, the return rate automatically increases. The value also increases because of the high investment on these assets and due to extra maintenance cost.

    Real Estate Investment Helps Country Local Economy

    One of the noticeable advantage or benefit of real estate investment is that it helps country’s local economy. Directly or indirectly this investment will increase country economy or not only profitable for the investors but country as well. If you are real estate investors than you will also help your country as much as you can through your investment. All real estate investors could employee more people in their real estate business or construction site or actively help to minimize the unemployment in the country or help country to build strong economy.

    It Offers Flexible Investment Options

    Real estate market is a huge or vast market as compared to other markets. It offers investors many flexible investment options according to their interest or caliber. If you want to run rental real estate than you could easily put your investment in that field. If you are interested to do commercial or residential real estate business than it will provide multiple guidance sources and resources regarding your property business. You can invest your money in your own desired real estate field and earn huge profit without third party involvement.
    The flexibility in real estate will also help you to show expert skills and build your individual portfolio over time as well. You can save your profit you have generated from your real estate business and invest this into another real estate project for more profit and return. You can hire employees to boost your business on wider scale for your business reputation and marketing. As other investments have limit in term of profit or scope but real estate earning, scope and profit would be limitless.

    Black Calculator Near Ballpoint Pen on White Printed Paper

    Tax Benefits over Depreciation

    As there are many benefits of real estate investment, tax benefit is one them which you get over depreciation. As every real estate investor know about their property projects worth, that how they build their income over time, they want to get more and more profit on it. Investors could generate profit when their projects leased. Leased property or projects will help you to save you from extra taxes through depreciation. Only real estate investment provides you tax benefits over depreciation others not.
    Real estate investment benefits are enormous but we could expect above mentioned benefits will clear your future investment perspective and will help you to get high return and profit on your investment.

    You Are Your Own Decision Maker

      The best part about real estate is becoming your own boss. Just like any other business, you have the complete autonomy and control over your real estate investment strategies as well as your failures and successes. You call the shots on which property to invest in, the tenants who will live under your roof, how much rental income to charge per month, and who will manage and maintain the property as a whole. The benefits of investing in real estate make you your own decision maker.