Digital Insurance

You got answer for this.. Right ? “How can these companies offer 1 crore term plan by charging just a small premium of Rs 10,000. Its surely a racket!” The main source of income for insurance companies is Premium. Insurance companies collect premium and agrees to indemnify for the loss to Read more…

Divestment of Banks

In Today’s newsletter, we are going to discuss the banking industry and is there need to privatize public sector banks Let’s do a bit of time travel and understand the journey of the Indian Banking system Before 1947 – In this phase, nearly 600 banks were present, and during this Read more…

Mad in Cricket – Dream 11

“One thing about our country, that is constant is CRICKET.”-Mahendra Singh Dhoni Headquartered in Mumbai, Dream11 was incorporated in 2007, but in 2012 that the company found its true calling, when Harsh and Bhavit, decided to pivot to a freemium fantasy cricket game on Dream11.com. Now the leader in India’s Read more…

E verification

The income tax department has offered a one-time relaxation for verification of returns filed electronically in the last five years that have been pending for want of valid ITR-V forms. Process of Filing Income Tax Return Step-1 Complete Total Income for FY Step-2 Compute your Taxable Liability Step-3 Select Appropriate Read more…

Equilisation Levy for E

Context In today’s newsletter we talk about an extension of “Google Tax” also popularly known was “Equalization Tax” Consider an e-commerce giant, headquartered abroad, and operating e-commerce websites across countries, including India. In India, the e-commerce company interacts with sellers and consumers digitally without maintaining any physical presence in India. Read more…

How Whatsapp makes money

The Question we keep asking very often is when is “How does WhatsApp makes money?’ Today you would get the perfect answer with complete details right from their beginning to this year 2020. WhatsApp was founded by Jan Koum and Brian Acton in Jan 2009 as a status update feature Read more…

Income Inequality India vs China

In most countries, including India, inequality in incomes is typically greater than inequality in expenditure patterns Broadly speaking, income inequality refers to the fact that different people earn different amounts of money. The wider those earnings are dispersed, the more unequal they are But China presents a peculiar case: As Read more…