Business

In a nutshell, an overdraft (OD) is a standby credit facility that allows people (businesses in particular) to withdraw cash from the current account up to a certain limit. It is usually up to 12 months and renewable annually, and repayable on demand thru the bank at any time. Any repayment into the od account can be withdrawn again so long as the total outstanding amount is within the OD limit. This is also why it's called a "revolving credit facility." Since overdraft borrowing limits are typically lower than with a loan, an overdraft is perfect for short-term borrowing. For instance, if you need to pay for emergency facility maintenance or pay your staff until profits came through. When should a business consider overdraft? Business overdrafts are good if a business is experiencing...

Is gold a good asset? Why should you buy gold bullions? For the investor, it is normal and even reasonable to ask yourself whether gold as an asset is a decent investment or not. This is particularly true of gold as it is an inert metal and does not generate interest. However, the motives for keeping physical gold bullion outweigh the likelihood of price increases. The gold bullion provides different advantages that cannot be found in nearly all other investments. These returns give you the control as the investor. And yes, among these motives is that the price will go up significantly. Here are some of the reasons to buy and sell gold bullion. Diversification Adding a gold investment to a current portfolio of further investment activities such as bonds and stocks decreases the...

If you want to stand a head taller than your competitors, one of the best ways to do this is to give your office uplift. This can be done by installing the right furniture items in the office. Do you want to boost profitability in your company also? One of the best ways to do this is to give your office a facelift. it will help you a great deal and compel more customers to patronize what you have to offer. The earlier you do that the better for you. The business world is becoming more competitive by the day and you should not hold back from doing everything you can to enable you stand a head taller than competitors. One of the best ways to ensure that is to get the right furniture items for your office. There are so many outlets selling Office furniture Brisbane and one of the best you can...

Science and technology have introduced utmost comfort in human life. It is through the era of digitalisation that people are moving forward steadily yet efficiently. India is also moving ahead, one step closer to becoming a cashless economy. The country is a safe home to most investment companies and other sectors have also realised the need to go digital with the flow of cash. And with the launch of UPI (Unified Payment Interface), it is on the verge to transform into a cashless economy completely. There is no denying that UPI has helped each and every individual with the easy and instant transfer of money ever since its launch in 2016 and its evolution over four years. While a part of the population is still to adapt the UPI as a mode of money transfer, it is the private sectors that ar...

When you give a gift to your customers or other relationships, for example in the form of end of year gifts, the value of the gift will be decisive in determining whether VAT is deductible from the purchase or not. If the gift cost more than 50 EUR (excluding VAT), then VAT will not be deductible, if the cost is lower, then VAT can be fully deducted. For the promotional Promotional items, such as gadgets, that you donate to promote your business are fully deductible. They must also have minimal value (so do not exaggerate) and not be consumer goods (wine, pralines, etc.). In addition, they must clearly display the name and logo of the company. This applies to items such as pens, umbrellas, notepads, etc. Using the tax refund estimate is essential there. Cars are often used as a...

People are always inquisitive to know what all IPOs are hitting the market shortly. Now in covid-19 market, there are many companies which are planning to go public to rake in more capital for the operational growth of the businesses. Sports Entertainment Acquisition Corporation; NYSE: SEAH.U at https://www.webull.com/quote/nyse-seah.u, is one such black check company which is currently planning to go ahead with their IPO in 2020. About blank check company Blank Check Company is an acquisition or merger firm, which does not have any certain business plan. Their business plan is based and designed parallel to the merger or acquisition of the other companies. These companies come under the stricter regulations by SEC like disclosing the finer details, putting the capital from investors i...

Pradhan Mantri Awas Yojana is a government scheme that was initiated by the Modi government in 2015 to provide affordable housing to all. Under this scheme, the government aims to provide 20 million pucca houses with necessary facilities including gas, electricity, water etc. It provides benefits to the citizens through provisions such as In-situ development projects of developing the slum areas, which includes providing them good dwellings with all the primary assistance, credit-linked subsidies for a home loan etc. The government further offers financial grants to the economically deprived sections of society, lower-middle-income class families for rebuilding their house, construction of houses or renovating the house. Process for applying for PMAY scheme: To apply for PMAY scheme onlin...

In today’s world, people are busy all the time. Whether it is their hectic work hours or tiresome schedule, it becomes difficult for them to regularly get rid of their trash. Sometimes, people’s work requires them to generate tonnes of waste which is difficult to get disposed of later. No matter which is the case with you, the solution remains the same. If you need to get rid of the garbage quickly and easily then you should simply look for methods of skip bin hire in Melbourne. What is a skip bin service? A skip bin is a vehicle with a container that can take away all the garbage from a specific location at any time. Many companies provide skip bin service at affordable rates. You can easily hire these companies, specify your requirements, and schedule the perfect time for them to col...

Bookkeeping is the act of recording the financial transactions of a company. Through the help of bookkeeping, business owners are able to monitor all the necessary information about their company, in order to make sound investing, financing and operating decisions. The primary agent involved here are so called Bookkeeper--they are in charge of managing all the financial information of the company. Bookkeeping is considered to be a crucial part of a business, primarily because it helps them track and monitor their current financial standing, including the various transactions that occurs as they continue on their business endeavors. On the other hand, the government, financial institutions and investors also benefit from accurate bookkeeping since these organizations or people depend on t...

Digital Ally Inc. produces law enforcement, homeland security, and commercial fleet applications with advanced technology. DGLY has state contracts from the law enforcement agency in the U.S. It covered almost 50 states and more than 30 other countries in the field of military and commercial fleets. The chairman of DGLY stock at https://www.webull.com/newslist/nasdaq-dgly is Ross Stanton E. The industry total shares are 586,126which 3.63% of total company shares. The outstanding shares are 16,127,110. The stock sign of DGLY stock Is NASDAQ: DGLY. It has a total of 32 institutional shareholders and they filed 13D/G or 13 F form with SEC (Securities Exchange Commission). The largest shareholder of this company is vanguard Group Inc., VTSMX – Vanguard total stock market index fund investor s...