All forex brokers will invariably tell you that they earn their living off the spreads (the difference between when you first purchase a currency and the purchase price). The problem, however, is that most forex brokers operate in this very unsavory manner. To obtain their commissions from the major exchanges they must maintain massive open […]
Utility of GST
GST, or the Goods and Service Tax, is an indirect tax levied on the supply of goods and services within India. A GST number example would be 22AAAAA0000A1Z5. Advantage of GST GST subsumes the multiple indirect taxes (such as Luxury Tax, Entry Tax, Central Excise, Purchase Tax and Value Added Tax) being levied by the […]
6 Key Factors to Consider for Choosing the Best Factoring Company
Cash flow problems are one key reason why businesses fail. You can’t take advantage of opportunities if you can’t conjure up enough liquid capital. One big cause of cash flow problems is all of the invoices that you let languish in the past due pile. Many small business owners use factoring companies to resolve those […]
KYC: A Banking and Finance Essential
Recent reports of data breaches have posed complications for parties involved. One established solution to this problem is identity verification, a crucial process done in various industries. It ensures safety and security for both companies and their clients and customers. For business and finance sectors, this process is more known as kyc (Know Your Customer). […]
A Complete Guide to Refinancing
Heard of the terms ‘home refinancing’, but aren’t quite sure what they mean? Don’t worry. You aren’t alone. You can think of this page as a guide to the world of home refinance. Let’s jump in! What is Refinancing? Chances are that you have a mortgage on your property. When you refinance a home, you […]