Category: Finance

Wirecard is a money company based in Munich, that was very well established in the stock market world. Suddenly, it was reported that €1.9bn was missing from their accounts. The company had €1.8bn of debt at the end of September last year, at which time the Munich bank held €1.7bn of customer deposits. Wirecard processes billions of euros annually, but the past year and a half have been a real struggle. There are accusations that they tried to deceive the auditor and gave some slightly suspicious money balances. Wirecard stated…

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Personal expenditure is what gets met up by the savings, but every time your savings can’t be enough to meet the various finance purposes. And this is when the role of personal loan services comes into existence. This loan category is unsecure by its virtue, and this makes the personal loan more expensive as compared to the loan services of other categories. Thus, to apply for the personal loans, you need to be very specific about the information that you need to provide to the loan providers, and here you…

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A personal loan is a very favorite term at this age. It is the best tool to bridge the gap between the investing ability of individuals and the greater expense of their properties as well as responsibilities. In short, when you need a considerable amount of cash swiftly during a cash crunch, the best personal loans are one of the most outstanding aid. The major drawback of these loans is that they are unsecured. The cash lenders in case of personal funding rave concerning their services through online promotions as…

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Making the decision to participate in a captive insurance program can save you a lot of money, but like many alternative insurance options, it also requires the right combination of coverage choices and help setting it all up. On top of that, since a captive insurer is a company in its own right, there are ongoing administrative concerns to deal with like policy updates, taxes, and similar upkeep-related tasks. This can get a little pricey up-front for companies looking to establish sole ownership. On the other hand, opting for a…

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As a result of the increasing expenses and the uncertain nature of life, a large number of citizens across the country have started making smart investments. Smart investments can not only help you secure your future but also allow you to achieve your financial goals at different stages of your life with ease. One of the most contemporary investment options in today’s times is Unit-Linked Insurance Plans (ULIPs). When you purchase a ULIP plan, a part of your premium is utilized for providing insurance coverage, whereas the remaining portion of…

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Every trader has one aim when he or she begins trading in the share market. And that is, making a profit. Some traders choose to put their money in the equity market with the intention of investing it for the long term. While there are a few traders who prefer to earn a quick profit. For such traders, there is intraday trading. As the name suggests, intraday trading is the kind of trading where shares are bought and sold within the same trading day. In this case, shares are purchased…

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In this paced urban life, a car is no luxury but a necessity for your commute. Cars are your next best investment after buying a house. Getting the right car for yourself is no easy task. But not only that, selecting the right financer for your car loan is crucial too. A car is an expensive purchase and so are its mistakes. The wrong financer can attract some unwanted troubles to your life. That is why you must select the right financer after comparing all available options. While financing, another…

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Term life insurance is a protection plan that offers coverage for a stipulated period. Since it can be  a contract between you and your insurer for a fixed time, you might not be able to receive or increase the benefits based on your convenience. However, the times have changed today as many insurance companies give you the opportunity to increase the term coverage after entering a new stage of your life, such as marriage, parenthood, and so on. The term policy that can allow you to increase its sum assured…

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From the point when the goods and services tax (GST) came into effect on July 1, 2017, the Indian economy has seen a plethora of regulations implemented by the GST council. GST – ‘one nation, one tax’ reform – is one indirect tax for the whole nation, which has made India one unified common market. Input Tax Credit (ITC) (right from the manufacturing stage until the good reaches the end consumer) is one of the key features of the GST regime. ITC is a mechanism of avoiding cascading of taxes. Cascading of taxes,…

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