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Showing posts from November, 2019

Tax Haven : What is a Tax Haven and Why Flipkart deal happen in Singapore

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What is a Tax Haven? A tax haven or offshore financial center is any country or jurisdiction that offers minimal  tax liability  to foreign individuals and businesses. Tax havens do not require businesses to operate out of their country or the individuals to reside in their country to receive tax benefits. Benefits to a Tax Haven To Tax Haven Countries – The countries benefit by way of attracting capital to their banks and financial institutions, which can then be used to build a thriving financial sector. To Individuals or Businesses – The individuals and businesses benefit by saving tax, which in tax haven countries may range from zero to low single digits compared to high taxes in their country of citizenship or domicile. Source https://corporatefinanceinstitute.com/resources/knowledge/other/what-is-tax-haven/ Top Tax Havens in the World 1.      Bermuda :  zero percent tax rate and no personal income tax 2

Why Life insurance is Important |Jeevan Beema kyu Jaruri hai

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Why Life insurance is Important |Jeevan Beema kyu Jaruri hai • It is contract between an individual and insurance company. • Life insurance is very important investment decision and risk management. • For individual insurance should be the first and important step. • Insurance is the only and important step to keep your family safe in financial condition. • Individual should invest in share market and fixed deposit but at time of financial planning insurance should be considered first. www.tax4wealth.com #insurance #lic #bestinsurance 

LLP vs Pvt Ltd Co? Which Entity is best for a new business or start-up

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  New Business के लिए क्या है best LLP or Pvt. Ltd. ???   Which Entity is best for a new business or start-up? LLP vs Pvt Ltd. Co. 00:03 Second Let s understand proprietorship , Partnership, LLP, Pvt. Ltd Co. 00:32 Second Proprietorship firm is easy to register and operate and requires less compliances 1:28 Second LLP is governed by LLP act 2008 2:30 Second Present below Table comparison between llp (Limited Lability Partnership ) and pvt ltd company   ( Private Limited Company) vs Partnership Firm Comparison of Partnership, LLP & Pvt Ltd. Co. Basis Partnership Firm LLP Pvt. Limited Co. Liability of Partners Unlimited Liability Limited Liability Limited Liability Joint Liability Jointly Liable Only up to capital Contribution Only up to capita