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Showing posts from May, 2020

What is GST, its return and registration

What is GST Meaning of GST: GST is the combination of three words, goods,service and tax so now first we need to understand these three words  what is the definition goods service and tax under GST law :                                            Section  2(52)-Goods  Means :  Every kind of movable property  other than :  money and securities  but includes : actionable claim, growing crop, grass and things attached to or farming part of land which are agreed to be served before supply or under a contact of supply                                          Section 2(102)-Services Means : Anything Other than: Goods, money and Securities But includes: Activities relating to the use of money and its conversion by cash or by any other m...

Basics of stock market

What is stock market? Before starting the topic we need to clear some myths of stock market: Myth(1)- S tock market is very risky:  Yes stock market can be risky in short term but not in long term .  This is the historical chart of nifty50 of last 20 year which has given around 800% return in last 20 year and around (-6%) in last 1 year, this analysis clearly shows that long term investment in stock market can not be negative     Myth(2)-We need to have a very strong knowledge about finance:  If we are a long-term investor then we don't need to have a lot of knowledge about finance we need only a common sense ,this can also be analyse from this example,we use some things in day to day life from too many years like colgate,nestle and unilever,which gives around 15% return every year from too many years even if there is a economic crisis for example we can see warren buffett who started investing when he was 11 year old and he also says that he started investing ...

What is mutual fund.

All about Mutual Fund      Meaning :                    Mutual fund is a way to invest money in stock market,debt-fund,gold and estate through an intermediary . It is actually a pool of money which collected from different-diffrent investors   Who is intermediary :                               There is too much mutual fund companies(like SBI-mutual fund,ICICI-PRU) in market who take your money and invest in stock,debt-fund and commodities.    How mutual fund works :                               Firstly mutual fund companies make a asset management company (amc company like HDFC AMC,ICICI PRU etc) and after they launches a fund or scheme and after that they advertise that scheme for raising fund from public to invest in stock market. Peoples who ...