Found 242 Articles for Finance

The Goods and Services Act (also known as GST) is a new take of the government on the Indian taxation system. Long story short, it is aimed to merge an array of various taxes imposed on Indian consumers into a single tax. The 101st Amendment of the Indian Constitution introduced the GST Act in 2016. Mr Arun Jaitley, the Union Finance Minister of India, and the GST Council govern the GST Act. GST comprises of a calculated amalgamation of various indirect taxes such as a tax on sale, manufacture, consumption of goods and services across India. It is intended to ... Read More

The Goods and Services Tax or GST Council, under the chairmanship of Union Finance Minister Arun Jaitley and his state counterparts, has decided rates for over 1, 200 goods and 500 services, placing them in four tax slabs of 5, 12, 18 and 28 percent.As we know GST is one of the most important tax reform since independence, it will be a disruptive influence. However, it is expected that it will promote new investment and contribute to the overall growth in GDP.The GST is expected to remove the cascading effect of taxation, avoid multiple taxation, and result in reduced prices ... Read More

‘Reinforcement Learning’ is a field in artificial intelligence(s) machine learning. Inspired by behaviorist psychology, this field renders software agents and machines to ascertain behavior, take actions accordingly, ultimately maximizing their performance. Put simply, computers can reckon/learn themselves by experimenting along with responses from the environment on how things must be done and keep adapting while getting better each time leading to maximization. For eg., controlling computers are trained to play games, schedule jobs such as elevator scheduling (elevator secontrol limbs.Reinforcement Learning (RL)RL was documented more than 100 years ago by psychologist Edward Thorndike. This technology, rather than letting the programmer telling ... Read More

Start-ups are promising, innovative and conducive to the ever expanding business environment. According to NASSCOM, India is gaining the third spot globally with the fastest growing base of start-ups. The growth rate has been almost 40% with more than 4000 being added every year since the beginnings in late 2014. Worldwide, US leads the way in the start-up ecosystem followed by Indonesia, UK, Germany, Brazil, Spain, Canada, and France.While all start-ups require financial support to flourish, they also need a technology stack to build their applications for the user/customer. The technology stack is simply the software tools/programming languages used for ... Read More

People who are frustrated and whose morale is down, due to their work environment. They tend to resign their nine to five job and prefer to be a freelancer. Yes, freelancing, for many it has become a viable alternative to a regular job.One has to remember like all career changes, freelancing involves risk, but if you are ready to accept the risk, the rewards are huge. In this article, I will brief you, about varied benefits which a freelancer trainer enjoys and what are the varied skills, which one needs to acquire or develop.Benefits of becoming a Freelance TrainerYou can ... Read More

Nowadays many people prefer online shopping because it offers more convenience and you get more discounts when compared to retail shopping, but you need to do some research in order to save more. I am sharing few online shopping tips and information on websites which might help you get the best deals.Online shopping is sometimes tricky. If you are negligent, you could lose few hundred’s or sometimes thousands, but by using simple online shopping tips, you can save more money.Online Shopping Tips to Save MoneyUse comparison shopping, where there are numerous shopping sites in India, hence it might take time ... Read More

Managing a project is not everybody’s cup of tea. There are many aspects of the projects which we need to plan and manage perfectly to achieve the desired success, whether it is the scope, schedule, cost or quality. It is also seen that many times, the project runs into trouble only because the Project Manager fails to monitor and control the project cost.So it is important to manage the project cost throughout the project with proper planning and controlling the project budget. To manage the project cost effectively, there are certain activities which we need to perform initially.Planning the Cost: ... Read More

The world is moving fast, consequently the technologies which we are using also keeps improving day by day. So to maintain the pace of transforming technologies, we need to keep upgrading ourselves. Gone are the days, when Project Managers across the world use the traditional processes to estimate the Scope, Schedule, Cost and other project constraints to manage the project.But these days, we have privileges to use many established tools and techniques which are evolved after years of research and practices. There are some proven techniques which can help the Project Managers to manage the projects in a more organized ... Read More

Managing a project is not everybody’s cup of tea; it is certainly a tough row to hoe. Whether it is a large scale project or a medium scale project, there are many important facets of the project which require a constant monitoring to keep them on track. You cannot encapsulate your project for a safe run, changes are inevitable, and it is impossible to turn down the change requests. Thus, it is a bitter pill to swallow for the managers to control the project by simultaneously accepting the expected and unexpected changes.So, the project managers have to be alert enough ... Read More

The sudden ban of Rs 500 and Rs 1000 was a great step by the Indian government to fight for black money, but its effects were clearly seen on common man’s life. Imagine you have Rs.500 in your wallet, and you come to know that you cannot use it anymore.The ATM machines and banks were closed, what to do? You need money for everything, if not cash then card atleast. In this situation all you can think of is, an online wallet. Yes, that’s right away where you can have some cash stored in online wallet, just like in any ... Read More