The margin funding and some facts

Margin trading is for the customers who get profit through any unexpected upward or downward movement. People start investing in many facets, irrespective of knowing its outcome. What is the most efficient way to get the ROI? Few say, real-estate but there is one place where you get the returns no matter what. It’s the share market when you start trading. Hence it can be said that compared to other options one can find a good return if he invests the amount in the share market and try to take the benefit of movement in prices of shares of different companies. With a little knowledge and investment, one can surely trade well in this market and earn a good return on his investment, which is not possible otherwise in any other option.

When to invest and how?

Traders and investors align to invest in economic indicators which are moving towards earning online. However, any person who is new to trading or having hands-on experience is dependent on a stockbroker – who acts as a bridging gap between a trader and stock exchanges. Since the stockbrokers are in high demand, they literally charge very expensively.

The high brokerage fees are morale for the investor. Online stock trading will eliminate a few of these factors and give us plenty of options for the lowest brokerage and with more exposure than before. We get smarter options in online trading. One needs to find the broker who can offer the highestintraday margin.

How does the margin differ?

If you are looking for the lowest brokerage stockbrokers, then the  margin will be according to that. In the industry of stock markets, intraday trading charges are something that you should look after. It has a vital role because it will lead you to the path of profit with a nice curve. There is a difference between the brokerage charges from the broker and online – it hugely differs, and one can choose online trading for distinct reasons. The margin is very good and applaudable.

What to expect apart from low brokerage costs?

When searching for the low brokerage costs, there will be high exposure, and you may come across brokerage firms who can help you with the trading that can be done online. The highest intraday margin is something which any stock market broker should look for when starting the trading. Next comes the low brokerage costs with a lot of exposure in the industry. When few people are unable to pay the fees for the traditional brokers, this concept comes into the picture. One more advantage in this concept is that the person who is trading can directly place the order, whereas in traditional trading – the stockbroker takes charge.

Importance of low brokerage

•       Intraday equity in margin intraday square off
•         Equity delivery
•           Equity futures
•         Currency futures
•           Equity options

These are a few things that you must consider when you are looking for low brokerage vendors and at the same time if you need high exposure. Do careful research and then choose the best stockbroker.

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Find the service providers who can help you save brokerage

The market has lots of options where the trader can earn a good profit if he has proper knowledge of trading and market movement. He must know how to trade in the market and understand the movement of shares in the market with the sentiments and trends that can help the trader to find the option and hit the trade at the right moment. To take part in the market, one needs to have a Demat and a trading account with any broking firm. The trading account needs to have some amount, which is funded by the client and as per the rule of the concerned broking service provider.

The trades and brokerage:

One can trade in the market to take benefit of movement in the share prices of the concerned companies. However, for this, he needs to take the help of a broker who can offer him trading services. It can be via an offline or online platform. The broker earns revenue in the form of brokerage when the client trades in the market. Hence the client has to pay a certain amount to the broker whether he makes profit or loss. This can be termed as a cost to the client, and therefore, every trader prefers to go for a service provider who can offer services at low brokerage rate. For the bulk traders, the brokerage can be a huge cost, and therefore they prefer to go for the discountbrokers in India with the help of which they can earn hefty profit with every trade.

The difference:

In the share market, one can find the service providers for trading who are full-service providers and discount service providers. The full-service provider is the one who offers trading as well as advisory and consulting services while the discount broker offers only trading services. The rate of the brokerage with a full-service provider is much higher compared to the discount broker and hence those who need to go for trading only love to have services of a discount broker only.

Some other options:

In present times, there are also some service providers who charge a nominal amount as a brokerage if the client goes for online trading. It is so because if the client goes for online trading, he is not supposed to be offered the services of a bolt operator and the service provider can save ample of his amount on such cost. On the other side, the traders who have facilities of computer and internet can trade themselves if they know how to trade in the market. The companies also offer their help to such traders who want to go for the online trades but do not know how to deal.  They can learn this modern way of trading and save a good amount on brokerage, which can again help them to reinvest the amount in the market and earn some more profit on the same.

Hence those who want to save their cost of trading, this option can prove much useful.

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What are the impacts of GST on the growth of GDP in India?

Goods and Services Tax is one of the significant tax reforms this nation has ever witnessed. This unified tax system came into effect to subsume indirect taxes levied by the State and Central Governments. Such extra charges include VAT, service tax, CST, Excise duty, etc.

The primary motive of this new structure is to put an end to the cascading effects of taxes on services as well as products. This, in turn, amplified the production, leading to an increase of 1% to 3% in GDP.

Once you register under GST, you would receive a GST identification number, with which you can file your returns.

How GST affected the Indian economy?

The impact of GST on the nation's economy has been iconic. It has been witnessed that GST has accomplished in changing the economic condition of this country, for better.

• Removal of tax on tax or double taxation

The impact of GST on small and medium businesses has been highly significant. Cascading effects of taxes on goods and services have finally come to an end. This was a significant problem for all the service providers as they felt burdened financially. Earlier, they had to pay taxes on goods as well as services respectively, which unified in this case. Before GST came into the role, products and services had a total rate of 140%, which stopped once the taxation procedure became unified.

• Competition is increasing rapidly

According to the old tax system, approximately 25-30 % of retail prices were charged as taxes. One such latest impact of GST was the reduction of paying extra charges, and thus, consumers had to pay a lesser amount on goods as well as services. This has been a great deal for business owners as their production increased, whereas the cost remained intact. Hence, this enhanced the competition in market.

• Tax structure got simplified

Calculating taxes under this system became a much simpler procedure. It replaced the multiple charges on every stage and saved several resources used to be invested on calculation earlier. This has also united the entire taxation system; all the state governments are bound to follow the GSTIN system only.

• The nation's economy is united

Before GST was imposed, transporting goods from one state to another was a hectic and tiresome procedure. However, now, the system is less complicated, and products can be easily transferred from one location to another with minimal effort. This, in turn, encourages accomplishing PAN India. E-way bills have made it easier to transport goods all around the country without any extra measures.

• Exporting goods has also been enhanced

Among various alterations, the impact of GST on working capital for businesses is one of the most significant ones. Since the production cost has dropped, this has led to high profits while dealing with the international market. The number of exports has been increasing rapidly, leading to increased competition.

• Input cost has been reduced remarkably

The headache of extra taxation such as VAT is no longer a matter of concern for service providers. The abolition of multiple taxes has ensured that input cost is significantly reduced.

Thus, it is quite evident that as an impact of GST, an immense number of opportunities have opened up for the Indian economy to flourish. If you own a business as well, it is imperative that you opt for GST registration right away. However, make sure that you keep the GST documents safe and secure because they are essential in order to apply for a business loan.

Once done with the GST registration procedure, you can avail such loans from various reputed financial institutions, like Bajaj Finserv. Additionally, they also provide with several pre-approved offers, valid on numerous credits to simplify the entire procedure and make it less time-consuming.

However, ensure that the GST documents are kept safe and secured so that you can provide them while availing loans. Such credits would help you increase the working capital of your business.

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What Are Forms 15G and 15H and What Are Their Uses?

Individuals who invest in fixed deposits have to pay a certain amount of tax on the interest that they earn from the FDs. Banks and financial Institutions deduct this amount from the source before providing interest to their customers. As a result, it is known as TDS (Tax Deducted at Source).

Form 15H and 15G can be used to get an exemption from TDS if you are eligible for the same. Form 15G can be used by anybody to get an exemption from TDS whereas form 15H is only applicable for senior citizens i.e., people who are at least 60 years or older. These forms are valid only for one financial year. Therefore, you will have to fill any one of these forms each year to ensure that TDS is not deducted from your net income.

Now let us see who all are eligible for TDS exemption i.e., who all can fill form 15H and 15G to avail TDS exemption:

• To be eligible to fill a 15G form, the tax liability of a person must be zero, and the net income of the person should not be greater than INR 2,50,000 per annum. It can only be used by members of HUF (Hindu Undivided Family) and trusts. Organizations and firms cannot avail this rebate.
• To be eligible to fill a 15H form, a person’s age should be 60 years or more, and the total income of the person should not be taxable according to the Income Tax Act.

Also, the investors must ensure that they fill these forms at the beginning of the financial year to avoid the tax deduction that takes place in the initial part of the year.

TDS calculation on fixed deposit interest

TDS is only deducted if your total interest earnings from FDs in a financial year exceed INR 40,000. Also, if you are a senior citizen, then TDS is only deducted if your interest earnings are greater than INR 50,000.

Therefore, a TDS of 10% of the net interest earnings will be deducted if the interest earned through the fixed deposits is greater than 40,000 or 50,000 (depending on your age). Also, if you fail to provide your PAN card details while applying or submitting FD form, then you are eligible for a 20% TDS deduction.

To understand how TDS on fixed deposits is calculated, you need to know that the TDS depends on the interest income and not on the net income of the investor.

Offset TDS deduction with high interest earnings

NBFCs like Bajaj Finance provide high-interest rates on FDs.Therefore, you can easily offset the effect of TDS deduction with high interest earnings from Bajaj Finance FD. Here are some more benefits of investing in Bajaj Finance FD:

High-interest rates – With these FDs, the interest rates can be as high as 8.95%, which is much more than the interest rates provided by bank FDs. You can earn ROI (Return on Investment) up to 54%. This is an excellent option for retirees to boost their future savings.

Investor Type	Interest  rates	Amount	Tenor	Return	ROI
New customer	8.6%	Rs. 25,000	5 years	Rs. 12,765	51%
Senior citizens	8.95%	Rs. 25,000	5 years	Rs. 13,377	54%
Existing customers	8.85%	Rs. 25,000	5 years	Rs. 13,202	53%

Flexible tenor – With Bajaj Finance FDs, you can invest your savings for a period of 12 to 60 months as per your choice. Moreover, you can also choose to earn periodic interest payouts such as monthly, quarterly, six-monthly, or annual interest payouts to supplement your expenses. This feature proves to be helpful for retirees who do not have a steady flow of regular income.

Safety – Bajaj Finance FDs are rated for their safety and stability by third-party credit rating agencies like ICRA and CRISIL. Therefore, your savings are safe from market fluctuations.

You can start investing in these fixed deposits with a minimum investment of Rs. 25,000 and ladder your investments across different time frames to benefit from changing interest rates. You can also estimate your returns accurately with the help of an FD calculator which calculates the interest and maturity amount based on the principal amount, FD type, and tenor chosen by you.

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How to Apply for Kisan Credit Card? Get Interest Rate and Eligibility

The government introduced the Kisan Credit Card scheme in 1998 to provide financial support to farmers and help them fulfil various credit requirements. As of 2019, the government plans to launch village wise schemes to reach out to over 1 Crore farmers in 100 days through this scheme.

The purpose of this card is to help farmers avoid falling into debt traps from informal borrowing. This credit card for farmers can help them to pay more easily for various agriculture-based requirements.

Also, the government is steadily making card-based payment methods available for every platform like National Common Mobility Card for transport, debit cards, etc.

What is the Kisan Credit Card?

The scheme provides Indian farmers with a credit card through which they can avail short term loans from designated financial institutions. These short term loans come with low interest, making it easier for farmers to repay their debt. In addition to this, the scheme also provides farmers with a passbook that contains various details regarding loan limit, beneficiary and landholdings.

The credits are provided by lenders in rural regions, state co-operatives as well as public sector financial institutions.

Interest and additional charges on this credit card

According to RBI guidelines, respective financial institutions can set the interest rates and credit limit for this scheme. However, the average applicable interest rate should be between 9-14% per annum. Before applying, check the method for credit card interest rate calculation thoroughly.

Farmers can also avail special subsidies and schemes regarding the interest rate for the card. These additional benefits will be determined based on the general credit history of the farmer.

Charges like processing fee, deed charges for a land mortgage, insurance premium, etc. are determined at the card issuer’s discretion.

Benefits of the scheme

Farmers can avail the following benefits under the Kisan credit card scheme

• Low-interest rates
• A single loan for every agricultural requirement
• Loan repayment facility allowing farmers to repay the advance post-harvest season
• Easy loan disbursal
• Crop insurance
• Avail digitised payment methods similar to National Common Mobility Card.

Who can avail this scheme?

The following are the eligibility criteria to avail this scheme

• Individual or joint borrower farmers who are owner-cultivators of their land
• Oral lessees, sharecroppers, tenant farmers, etc.
• Individuals belonging to joint liability or self-help groups, including tenant farmers, sharecroppers, etc.

The Kisan Credit Card scheme also extends to individuals working in fisheries and animal husbandry sector. Following are the eligibility criteria for the beneficiaries belonging to these sectors

• Aquaculture and inland fisheries

Individual fishers and fish farmers, as well as those belonging to self-help groups and joint liability groups can apply.

• Marine fisheries

Individuals can avail the scheme if they own a fishing vessel or registered boat. They should also have the required license for fishing in the sea or estuaries.

• Dairy

Dairy farmers and tenant farmers who lease, own or rent sheds.

• Poultry

Individual farmers, joint borrowers, tenant farmers for poultry, birds, goats, sheep, pigs, etc. Shed owners are also eligible to apply for the benefits of this scheme.

If you do not comply with the above criteria, you can look for other credit card options at affordable interest rates. For instance, the Bajaj Finserv RBL Bank SuperCard is one such option which can help you avail numerous industry-first features.

How can you apply for the scheme?

If you satisfy the criteria mentioned above, you can apply for the benefits of Kisan Credit Card scheme online. Follow the steps below to apply:

• Visit the lender’s website
• Check the credit card options and choose “Kisan Credit Card.”
• Fill up the required details, attach the documents and click on “Submit.”

You can apply for a credit card online in three steps easily. The lender will then process your application and provide you with the credit.

If you don’t satisfy the eligibility to avail this scheme, you can also avail alternate options like the Bajaj Finserv RBL Bank SuperCard.

Bajaj Finserv also provides pre-approved offers on credit cards that can make availing these quicker and easier. These offers are available on various financial products, including home loans, business loans, personal loans, etc. You can check your pre-approved offers by providing your name and phone number.

Thus, there is no dearth of financing at affordable rates available from Indian lending institutions. However, you should check the eligibility criteria of each institution carefully before applying.

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5 Essential Steps to Start Your Own Pathological Lab

The healthcare industry in India has seen significant growth in recent years. Rapid commercialisation has introduced many privately owned healthcare facilities across the country. It has also brought a significant increase in the number of ancillary industries like a prescription drug store, care options, and diagnostics and pathological labs.

The medical diagnostics market is growing at a rate of 15% to 20% every year. A recent study places the market worth approximately Rs. 40,000 Crore in 2018. New rules made acquiring a licence for pathology lab much easier, making it one of the bestbusiness ideas in India to tap into the growing healthcare industry.

Starting your pathological lab

You have to go through several steps to start your path labs in India. These generally involve setting up the necessary arrangement, calculating the cost of an establishment, and acquiring the necessary paperwork to start a pathological lab.

Let’s take a look at how to open a pathology lab and what are the steps required.

• Planning –

Proper planning is one of the most crucial steps to start a path lab. You have to decide on the scope, capacity, and services provided by your path lab.

Pathological labs generally provide various services like clinical pathology, cytopathology, histopathology, serology, haematology, biochemistry, etc. Your clinic’s facility, equipment, personal, expenditure, and even necessary licence for pathology lab will change according to these services provided.

• Creating the infrastructure –

Another crucial step is to decide the infrastructure required for your pathological lab. A pathological lab should include a patient waiting area, dedicated lab and processing space, separate examination spare, storage area, and segregated sample collection and disposal areas.

However, creating the necessary infrastructure can put a significant financial strain on your budget. Several aspects like land acquisition, creating a workspace, etc. will be included in the process. Even renting a suitable place in an urban area will require significant financial backing.

You can opt for a business loan to tackle such monetary requirements without depleting your savings. Several financial institutions including NBFCs like Bajaj Finserv offer such loans with attractive features and benefits. Bajaj Finserv even provides pre-approved offers on credits like business loans as well as personal loans, home loans, and several other financial products. Such offers simplify the process of availing finance and help you save time. You only have to share some essential details online to check your pre-approved offer.

• Procuring licence and registration –

You will have to acquire the necessary licence for the pathology lab after completing the planning process. You will also have to comply with some basic and some legal requirements based on the state you will open your business in. Here is a list of the licences you will require.

1. Registration under the Shops and Establishments Act.
2. Registration under the Clinical Establishment Act.
3. Permission from the Director of Health Services.
4. Accreditation from National Accreditation Board for Testing and Calibration.
5. Registration under Biomedical Waste Disposal Body.
6. Accreditation from Good Clinical Practices.
7. Approval for waste generation from the local Pollution Board.
8. No Objection Certificate from the local Fire department.
9. No Objection Certificate from the local municipality.

• Procuring equipment and consumables –

The machinery required for your pathology lab will differ according to the types of services you offer. However, some common equipment includes –

1. Fridge.
2. Centrifuge.
3. Incubator.
4. Pipettes.
5. Autoclave.
6. Sterilisation equipment.
7. Lab management software to automate billing, payment, data handling, and report generation.

You will also need a large stock of disposables like a hypodermic syringe, consumables for blood collection, sterilised medical wear, etc.

• Hiring the necessary staff –

You will require a team of experienced and qualified staff to keep your lab operational. The pathological lab will also require a qualified signatory or an MD pathologist or a microbiologist to comply with the regulations enforced by the NABL or Clinical Establishment Act.

These are some of the essentials that a checklist for how to start a pathology lab must include. The above mentioned steps will act as a guideline to help you organise the necessary equipment and financing to start your venture into the Medicare industry.

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Why Magento is the Best Platform for eCommerce Website Development

When you are about to build your own eCommerce store, you will see hundreds of alternatives as regards the software as well as platforms you can use. Magento provides a subtle balance between being reliable and very flexible. The customizable plus supple nature of Magento is the fact that it is a platform and not merely a simple portion of fixed software.

Here’s why you should pick Magento for your eCommerce site

Reliability

The initial thing you need to look at when seeking dependable software is who really created it and who possesses it. The more renowned the name of the creator, the more reliable your program turns. This makes dependability as one of the most important characteristics of Magento since it is powered by eBay Inc itself.

You are aware that a few of the formulas that brought success to eBay at online commerce will be in your very own software if you use Magento.

Flexibility

Magento really works increasingly like a platform on which you can assemble your very own business site the manner in which you need it and want it to be. You can change and alter your online business website from various perspectives that even Magneto's developers couldn't have anticipated.

Added to that is a large community, which makes its own plugins and extensions that you can adjust onto your program, and you have an amazingly adaptable eCommerce software solution. Utilizing Magento is a sound strategy since you utilize the creativity of an entire community to make the ideal site for your business needs.

Specialized

Magento is prepared to create online commerce sites. This specialty is a very imperative advantage when utilizing Magento since everything with regard to it is designed as well as tweaked to ease effective eCommerce transactions.

Popularity

The popularity of a program says a lot of its worth. Magento has numerous clients who are tenacious devotees of its adaptability and incredible plan. In the event that you have picked the community version of Magento, you will be in contact with a huge number of individuals who can direct you through the way toward the process of building and handling your own eCommerce site with it.

The vast majority of the recommendation and plugins you get from the community will likewise function on your Enterprise variant of Magento, which offers greater adaptability and backing, yet in addition, it comes at a very expensive rate.

So, why Magento nevertheless

From the above-mentioned points, it turns out to be clear why such a significant number of firms far and wide incline toward Magento with regards to making their online stores. The program may take some time for you to get adjusted in accordance with it and it has a steep learning curve, yet once you have mastered it you may be restricted by your very own creative mind and innovativeness. Since the codebase of Magento is written in PHP, it may be hard notwithstanding for experienced designers to utilize effectively.

However, that essentially comprises the software’s only significant shortcoming, which can be defeated with some devotion and backing from the community. eCommerce website development service provider always explains these points to their clients.

Being unquestionably more adaptable to use than other platforms like Opencart, Magento is ideal to make your eCommerce site look and feel professional.

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