Any student is ready to take on more responsibility, particularly when it comes to money. Everyone is aware that to become financially independent at such a young age, one must work to make money.

In this article is no advice on where to look for part-time work if you’re a student because that subject has already been well covered. Instead, here are some practical tips for you on managing your money towards becoming financially independent.

Furthermore, if you are a busy student, you might not have enough time to do all of your homework. If you need assistance with your duties and are short on time, we advise choosing finance homework help.

Establish your definition of “financial independence”

Have you ever considered what you’ll do after you are self-sufficient financially? 

Perhaps you wish to…

• Become an entrepreneur to have greater influence over your day-to-day activities.
• Become a digital nomad 

Before you’re able to become financially independent as a student, you must have a clear sense of what you desire.

Avoid taking on any debt or loans

Avoiding loans, debt, credit, and other obligations is one of the key strategies for conserving money and achieving financial independence. When you’re still young and don’t yet have your own family or a career, it is obvious and natural that you want to constantly buy some new clothes, go on vacation, and experience life to the utmost. However, refrain from taking out loans to purchase new purses or footwear.

When it comes to money, be wise. Although repaying debts might seem simple in theory, there are several obstacles you must overcome in reality. There are also a few viable alternatives for debts in areas like student loans. Seeking a scholarship, as an illustration. For talented students, universities and colleges all around the globe provide a variety of scholarships. Attempt to obtain them.

Find ways to attend college at a reduced rate

School is pricey. A four-year public institution typically charges roughly Rs 1.25 lakh in fees and tuition every year, or Rs 5 lakh for the whole programme. Therefore, discovering ways to study college for free (or at a reduced fee) is essential when you have to become financially independent being a student.

There are many unusual ways to save money for college, but the following should be your first port of call:

Grants and scholarships: Submit your FAFSA to be matched with grants, or check with the financial aid office at the institution you want to attend to see if you’re eligible for any regional awards.

Work-study initiatives: If you qualify for the Federal Work-Study (FWS) Program, your FAFSA will let you know. If so, speak with the financial aid office at your college.

In India, there are several online degrees and postgraduate courses that are UGC certified which are offered by the work company itself. You can apply individually as well and save bucks on your college.

Community colleges or technical institutes: There are alternatives to a four-year degree from a university. To keep education prices down, community colleges and vocational schools could be excellent options.

Employer-sponsored tuition help programmes: Businesses like Starbucks and Target provide employees with tuition support programmes. There might be conditions, but it’s still worthwhile to investigate.

Set immediate financial objectives and get saving

Setting realistic yet fairly ambitious goals can help you achieve financial independence as quickly as possible. Making enough savings a habit is an ideal route to do it. Add the specific amount corresponding to the amount you invested in a certain good into the money box. This is useful advice for people who utilise cash for their everyday purchases. 

For instance, if you buy jeans, make sure you immediately deposit the same sum in your money box. Setting up an automatic savings option and making a monthly deposit of a certain amount to a different account is yet another great credit card option.

Monitor your spending

Understanding how and why you spend on a regular and weekly basis is crucial. Make an effort to reduce your monthly spending. It is advised to use specialised software that can compute your monthly budget plus spending categories immediately. 

Utilize your credit card history instead of downloading and installing new apps. Some banks let you view graphs of your expenditure broken down into different categories. Food, books and literature, hobbies, pets, rentals, cars, utilities, health and medical care, insurance, and more categories could be among them.

Utilize cash often

Here is a quick and handy tip that will help you avoid overspending so you may quit using credit cards. Make it a rule to solely pay for your daily expenses in cash, including meals, bars, hobbies, gifts, etc. When you don’t have a lot of money, credit cards can make you feel as though you do. You will get a complete view of your spending plus financial flows whenever you make regular purchases. It will be simpler to manage your money and prevent overspending.

Continue to have fun

Remember that not allowing yourself to have a little fun and unwind causes your life to look too monotonous. Join parties, take occasional trips, and keep in mind that you need to strike a balance between your everyday activities as a young, content student and your savings goals.

Find a side business or part-time work

Your educational and extracurricular schedule might be jam-packed to the gills with college commitments.

However, even if you only have a few additional hours a week, working a part-time job or starting a side business might help you become financially independent while you are still a student.

You might, for example:

• Check to see whether you are eligible for a work-study programme on campus
• Take a part-time job close to or on campus
• Join Uber, Ola, Swiggy or Zomato as a driver
• On eBay, Facebook Marketplace or other online sites sell gently worn clothing
• Walk dogs
• Start working as a freelancer
• Tutor more class members

Conclusion

There are a variety of ways you might begin to become financially independent while you’re still attending school, even though several college students rely on their parents or guardians for monetary assistance. Although it takes some time and initial work, the result is well worth it.

It’s time for UP-NEET PG Counselling 2022. Candidates who intend to register for the counselling procedure should be aware that today is the deadline for doing so. Candidates may refer to the steps below for applying on upneet.gov.in. 

The UP-NEET PG Counselling 2022 is being held by the Director General of Medical Education and Training, Uttar Pradesh (DGMEUP), for postgraduate medical students. The final day to apply on the official web page, upneet.gov.in, is today, September 28, 2022, for those who intend to participate in the UP-NEET PG Counselling procedure.

According to the timetable, aspirants have until 2 PM today, September 28, 2022, to register for the UP-NEET PG Counselling procedure. The merit list for the counselling procedure is anticipated to be published soon when registration is complete.

For information on how to apply for the NEET PG Counselling 2022 for the state of Uttar Pradesh, applicants can refer to the steps listed below.

What is UP NEET PG Counselling 2022?

For PG medical candidates who want to study MD or MS in Uttar Pradesh at multiple Government Medical Affiliated colleges with the State Medical University Uttar Pradesh, the state has established a centralised online counselling process.

How to apply for UP NEET PG Counselling 2022?

• Visit the authorized website – upneet.gov.in
• Select the link for registration available on the homepage.
• Submit your NEET PG registration number and any other required information.
• Complete the application as well as upload the necessary paperwork.
• When necessary, pay the counselling expenses and turn in the form.
• Print and download the page for later use.

Counselling fee

When enrolling for the UP-NEET PG Counselling process, candidates are required to pay a counselling cost of Rs 3000. You can make this payment online with a debit card, credit card, or net banking account.

The DGMEUP will publish the merit list for PG candidates after registration is complete. The merit is anticipated to be made public either today, September 28, 2022, or tomorrow, September 29, 2022, according to the official schedule.

Candidates should be aware that there is a 3,000 rupee registration fee. On September 28, the process of applying will come to a close. On the same day, the application cost must also be paid.

Merit list by October 3 or 4

After that, a merit list would be made public; the precise date hasn’t been set yet, but it’s probably going to be September 28 or 29. By October 3 or 4, the NEET PG seat allocation outcome is anticipated to be made public. For admissions to MD/MS/PG Diploma seats at government colleges and MDS seats within private colleges, the UP NEET PG counselling procedure for 2022 is being held.

Important Dates of UP NEET PG Counselling 2022

• Online registration for the first round-26-Sep-2022 (2 pm)
• Online registration fee-26-Sep-2022 to 28-Sep-2022 (2 pm)
• Online payment of security fee-26-Sep-2022 to 28-Sep-2022 (2 pm)
• State merit list-28-Sep-2022/29-Sep-2022
• Choice filling and locking for the first round-29-Sep-2022 to 02-Oct-2022 (2 pm)
• Seat allotment list released-03-Oct-2022/04-Oct-2022
• Downloading allotment letters-05-Oct-2022 to 08-Oct-2022
• Date for joining the allocated institute-05-Oct-2022 to 08-Oct-2022

Eligibility Criteria for UP NEET PG Counselling 2022

• The candidate should have graduated from an accredited medical school in the state of Uttar Pradesh.
• Candidates who reside in Uttar Pradesh as well as hold an MBBS degree from an institution outside of the state may also register for UP NEET PG 2022 counselling (15% AIQ seat).
• The only candidates qualified for admission to government, private, state, or deemed universities are those who have completed the MBBS or BDS programme in Uttar Pradesh.
• Only seats at private universities are open to applicants who did not finish their MBBS degree in UP and who are not residents of that state.
• By July 30, 2022, she or he must have finished the required rotary internship.
• He or she must be a NEET PG 2022 graduate.

Documents Required for UP NEET PG Counselling 2022

• NEET PG 2022 admit card
• Copy of UP NEET 2022 counselling application form
• NEET PG 2022 result/scorecard
• Class X certificate submitted as a DOB proof
• Passing Certificate (MBBS degree course)
• MBBS Marksheets (all)
• Internship Completion Certificate
• Disability Certificate (if applicable)
• Permanent/Provisional Registration Certificate, issued by MCI/SMC
• Caste/Community Certificate (if applicable)
• Allotment letter that can be downloaded from the main site 
• Employers Relieving Certificate (if applicable)
• The State Merit List copy that reflects the candidate’s position on the list

The Procedure of UP NEET PG Counselling 2022

Online Application and Registration are as below:

• Candidates must register on the main site, upneet.gov.in if they want to take part in the UP NEET PG 2022 counselling.
• Candidates are encouraged to register with the same cell phone number and email address they used to apply for NEET PG 2022.
• They will be routed to the UP-NEET PG counselling registration form after completing the registration process.
• They must properly fill out all the fields and upload any necessary paperwork.
• Candidates will need to pay a non-refundable enrollment fee of Rs 3,000 to submit their application. You can pay the registration fee with a credit card, UPI, debit card, or net banking.
• The candidate’s registered cell phone number will receive the registration number for the UP NEET PG 2022 application.

Conclusion

The candidates must sign up for the Uttar Pradesh NEET PG Counselling. The Directorate General of Medical Education and Training, UP, would be in charge of managing admissions, which will be dependent on each applicant’s NEET PG 2022 Scorecard.

New Tata Tiago EV 2022 Launch India is on September 28, the cheapest electric vehicle in India with just a range of more than 300 kilometres will go on sale.

Key features of Tata Tiago EV

• The Tata Tiago EV is anticipated to begin at Rs 9 lakh, ex-showroom.
• Projector headlamps plus 14-inch steel wheels are coming for the Tiago EV.
• On the Tata Tiago EV, a 7-inch touchscreen infotainment system will be available.

Tata Tiago EV- Affordable EV of India

Presently, the Tata Tiago EV, India’s cheapest or rather affordable electric vehicle, will be introduced by domestic automaker Tata Motors. The Tata Tiago EV will have the same appearance and characteristics as the Tata Tiago hatchback, but with an electric drivetrain.

The Tata Tiago EV, along with the Tata Tigor EV as well as Tata Nexon EV (Prime+Max), would make Tata the leading manufacturer of electric vehicles in the nation. It will also include the smallest electric vehicle available in the nation.

Design

Though there will be some noticeable visual alterations, the Tata Tiago EV will resemble its ICE counterpart. The teaser first exposes the projector headlights that will be placed on either side of the enclosed front grille on the Tiago EV. The tri-arrow motif will be painted on the grille in a glossy black tone with a Teal Blue tint. The left headlight would also have an “EV” badge on it. The Tiago EV will use 14-inch steel wheels upon the sides to reduce expenses.

Cabin & Features

Additionally, teal accents will be utilized within the cabin in substitution of the trim components with a chrome finish. A tri-arrow pattern for the upholstery in Teal Blue may also be employed to provide the EV appeal inside as well. The inside will continue to feature a dual-tone design similar to the Tigor EV.

A 7-inch touchscreen infotainment system, Android Auto, Apple CarPlay, and other linked car features will be available on the Tiago EV. There will be a variety of passive safety features that are included as standard throughout the range in addition to multi-mode regenerative braking.

Performance

The Tiago EV’s drivetrain is most likely going to be the same as the Tigor EV’s. The Tiago EV is most likely to use a 55 kW motor as well as a 26 kWh battery pack. This might have a range of about 300 kilometres on a full charge. The Tiago EV will have a drive mode choice knob mounted on the centre console.

Expected Price

The Tata Tiago EV is expected to have an ex-showroom starting price of roughly Rs 9 lakh. Costs for the highest spec should range from Rs. 12 to Rs. 13 lakh. It’s noteworthy that there won’t be any rival products available when it launches.

Two battery packs are available for the Tata Tiago EV:

• 19.2 kWh battery for 250km range 
• 24 kWh battery for 315 km range 

Updates

• The battery pack capacity determines how much the different variations cost. In addition, a 7.2 kW AC wall-mounted charging choice is available for the 24 kWh battery pack, as opposed to a 3.2 kW AC charger for the 19.2 kWh Tiago.
• The launch price for the Tata Tiago EV within India is Rs. 8.49 lakh (intro pricing)
• There are four charging options available for the Tata Tiago EV: a 15A socket, a 7.2 kW AC charger, a 3.2 kW AC charger, and a DC fast charger which can charge the battery to 80% within only 57 minutes.
• Depending on the needs of the purchasers, the Tata Tiago EV will have two different battery pack choices: a 24 kWh pack with a 315 KM range as well as a 19.2 kWh pack with a 250 KM range (both MIDC cycle).
• Similar to the Tata Tigor EV as well as Tata Nexon EV, the Tata Tiago EV will feature ZIPTRON technology. It features an IP67-rated battery pack as well as a 5.7-second 0-60 kph acceleration.
• The Tata Tiago EV hatchback has begun its live debut. 

Conclusion

The Tiago EV might be Tata Motors’ least expensive electric car. The Xpress-T EV electric car for fleets is the least expensive model offered by Tata Motors, costing Rs 9.75 lakh (ex-showroom). But it’s targeted mostly at fleet managers. Therefore, at Rs 12.49 lakh, the Tigor EV remains the most affordable electric vehicle for regular customers. The next Tata Tiago EV may cost approximately Rs 10 lakh (ex-showroom), making it the least expensive electric vehicle on the market, according to reports.

India’s go-to fast bowler Jaspit Bumrah is one of the 5 cricketers in Australian legend Mark Waugh’s list of the leading T20I players around the world. The ICC T20 World Cup would be held in Australia next month, and Waugh is certain that 28-year-old Bumrah, who is now rated 45th within the ICC T20I bowling rankings, will shine.

“I think he’s a fantastic bowler in all formats, actually,” Waugh made this statement about Bumrah, who recently had to skip a few white-ball matches to attend to an old back injury.

Waugh added, “His ability to get wickets in T20 cricket is key. He can bowl at the death and he can bowl up front” 

The former all-rounder, who was renowned for his top-order barrage and agile fielding within slip cordon, included Pakistani fast Shaheen Afridi in his top five.

“To open the bowling at the other end we’ll go with another great opening bowler, Shaheen Afridi from Pakistan, who is a tremendous left-arm fast bowler,” Waugh, a member of the Australian team that won the 1999 Cricket World Cup, remarked on ICC.

“He’s a wicket-taker. He sort of lifts the team. He’s a guy that other players follow. He is a left-arm so that’s another point of difference. He can swing the ball back into the right-hander, he’s quick as well, so I’ve got him number two,” Waugh added regarding Afridi, who is ranked 19th amongst bowlers.

The other 3 players chosen by Waugh are Afghanistan spinner Rashid Khan, who has been ranked 4th among spinners in 20-over international competition, England captain Jos Buttler, as well as all Glenn Maxwell of Australia (all-rounder ranking 6th, T20I batting ranking 29th).

“In all competitions, he (Rashid) plays in, he’s just the one guy who you know is going to bowl four overs,” Waugh stated regarding the Afghanistan cricketer.

“He’ll probably get two or three wickets and go for 20 runs, and he can bat. He can also whack the ball over the fence.”

“I think he’s probably the number one batsman in world cricket in the T20 format. He’s just a clean striker of the ball. We’ve seen him in all tournaments, he just looks on a different level to other players.” Waugh stated for England’s white-ball captain Buttler.

Waugh stated on Maxwell, “He is the sort of player that can win you a game in the field and with the bat. With the ball, he’s probably underrated. And I think if he bats 30 balls, he’ll win you the game. So I think Maxwell, even though he’s just not a consistent player, he’s that X-factor that can win your game on any given day.”

Cricket profile of Jasprit Bumrah

Jasprit Jasbirsingh Bumrah (born 6 December 1993) is an Indian cricketer who competes in all game formats for the Indian national side. He is the only Asian bowler to take five wickets together in test innings during the same year in England, South Africa, and Australia. Whenever he hit 35 runs off Stuart Broad’s bowling at Edgbaston during July 2022, he established the record for the highest runs scored together in a single over in a Test match.

First, Jasprit Bumrah’s unconventional action caught people’s attention, and then his bowling prowess. Bumrah’s deliveries are difficult for batsmen to identify because of his unique release point, sling-arm movement, plus natural pace.

Additionally, like Lasith Malinga, another member of the Mumbai Indians, Bumrah earned a reputation for having an amazing knack for hitting the blockhole. Additionally, he learned how to properly use the yorker from the Sri Lankan throughout his tenure in the IPL.

A regular participant in India Before suffering a crippling left knee injury towards the end of 2014 that kept him out for over four and a half months, Bumrah was a candidate for a national team selection.

After a successful 2015–16 domestic season, during which he was Gujarat’s 2nd highest wicket-taker in the Ranji Trophy as well as topped the bowling charts there in Vijay Hazare Trophy, that included a five-for in the List–Final which gave Gujarat their first one-day title, he had to wait over a year prior to actually receiving another call-up.

As a result of such performances and Mohammed Shami’s unexpected injury, Bumrah was forced to board a plane for Australia, wherein he played a crucial part in helping India win the most wickets for either group within T20I series, 3-0. It was a performance that won him MS Dhoni’s accolades, who dubbed him the discovery of the tour, and a spot in India’s selection for the 2016 World T20.

September 27, 2022, Tuesday, will be designated as World Tourism Day. Every year, this day is celebrated to promote travel around the globe. The World Tourism Organization of the United Nations started it (UNWTO). It is customary to celebrate World Tourism Day on September 27. It is acknowledged that tourism needs to be promoted and that this is crucial. The purpose of the day is to help people appreciate the fun of travelling. It is a significant occasion.

On Tuesday, September 27, 2022, World Tourism Day will be observed to promote awareness of the value of travel worldwide. The day aids in educating people about how the tourism industry contributes to the expansion and growth of a nation. 

Everyone ought to observe World Tourism Day and promote tourism. The World Tourism Organization (UNWTO) of the United Nations strives to make travel simple and available to everyone.

Boosting Tourism

All it takes to unwind after dealing with the difficulties of one’s professional and personal life is just a trip to a stunning location. These excursions contribute significantly to the growth of the political, socio-cultural, as well as economic sectors of a country as well as the global society in addition to being a portion of one’s luxury. Each year on September 27, World Tourism Day is observed to recognise the significance of tourism.

History of World Tourism Day 2022

The UNWTO celebrated World Tourism Day for the first time in 1979.. In 1980, the festivities for the same were formally launched. Since September 27th is the anniversary of the establishment of the UNWTO Statutes, this is observed on that day each year.

The 1970 adoption of the Statutes contributed to the 1975 founding of UNWTO. World Tourism Day has been marked annually on September 27 since 1980.

The theme of World Tourism Day 2022

On Tuesday of this year, the 42nd World Tourism Day 2022 would be observed. The show’s official commemoration will take place in Bali, Indonesia.

World Tourism Day in 2022 will have the subject “Rethinking Tourism.” Understanding the expansion of the tourism industry and assessing and retooling tourism in the wake of the COVID-19 epidemic will be everyone’s main concerns.

Significance of World Tourism Day 2022

It is crucial to remember that tourism significantly contributes to a country’s economy and enhancement its reputation. World Tourism Day is significant because it aids in promoting the benefits of travel.

The leaders of the event are expected to be from Bali’s tourism industry. The event will additionally be open to UNWTO state representatives.

India’s top tourist destinations this year

The final three months of 2022, as we approach the second part of the year, are characterised by several festivals and holidays making it the perfect time to sate your wanderlust. 

Udaipur, Rajasthan

The greatest time to visit Rajasthan’s cities occurs during the summer because of the state’s reputation for intense heat. A popular tourist site in Udaipur. Only two of the magnificent palaces within city are City Palace as well as Sajjan Garh Palace. After taking a tour of the castle, spending the evening lounging by the lakes would be a lovely idea. In Udaipur, visitors can travel to Rangsagar, Lake Pichola, Udai Sagar, Fateh Sagar, Swaroop Sagar, and Doodh Talai. In Udaipur, visitors can also go on excursions to magnificent temples like Eklingji, Ranakpur, plus Kesariyaji Temples and take part in wildlife treks. Folk dance, festivals, music, and bonfires are well-known features of the area.

Ooty, Tamil Nadu

Consider visiting Ooty in Tamil Nadu if you prefer sightseeing than cultural fiestas. The bulk of southern states of India are recognised for the scenic beauty of their mountainous terrain as well as forested landscapes. In Ooty, attractions including the Botanical Garden, Avalanche Lake, as well as Kalhatti Falls are plentiful. Along with this, visitors may also explore pine forests and take leisurely hikes through orange, coffee, as well as tea gardens.

Spiti Valley, Laddakh

Travelers chose to go by vehicle and bike for a new experience in addition to enjoying Ladakh’s magnificent beauty. There is no place better to visit when you’re considering taking a holiday in Ladakh as compared to Spiti Valley. The old monasteries nearby could be toured by guests. They include Tabo, Sakya Tangyud, Kee Gompa, and others. In addition, visitors can take advantage of its lakes, including Chandratal, Dhankar, Suraj Taal, and Nako. The Pin Valley National Park is accessible to anyone who enjoy animals. The area is perfect for adventure seekers who want to go trekking and camping.

Araku Valley, Andra Pradesh

Visitors to this location can view caverns, woods, valleys, and some breathtaking world heritage sites. Through the Coffee Museum, tourists can learn about coffee plantations. Some exotic waterfalls, such as Katiki, Ranajilleda, Chaparai, Sangda, Kothapalli, Ananthagiri, Ranajilleda, and Dharagadda, can make for pleasant picnic destinations. Borra Caves are also open to the public. The diverse tribal community of the valley has plenty to offer tourists in the way of art and culture.

Conclusion

World Tourism Day is widely observed every year as a way to remember the crucial role that tourism plays in advancing socio-cultural value, creating jobs, and maintaining a nation’s economy.

There are a lot of ways to make money in the modern world. You can work for someone else and get paid a salary or you can start your own business and get paid through profits. Working for someone else is more common, but it doesn’t always lead to as much financial success as working for yourself.

The Three Major Ways You Can Benefit from Starting a Business

There are three major ways you can benefit from starting a business:

1) You will be able to earn more money than you would as an employee

2) You will have the opportunity to work on your terms

3) You will have the chance to do what you love

What are the Benefits of Starting a Business Over Working a Job?

Starting a business is not an easy task. You have to work on it every day, and there are many risks involved. However, the benefits make it worth the risk.

The best benefit to starting a business is being your boss. This can be a huge benefit for people who like independence and control over their lives.

Another benefit is having more money and more flexibility in your schedule. Starting a business can help you make more money than working at a job, which will give you the opportunity to do things like spend more time with family or travel the world if that’s what you want to do with your life

Lastly, starting a business can be a way to create a new life of your own. You can start with a small business, like selling a few handmade goods on Etsy, and grow from there.

Starting your own business can also have many other benefits. With the bigger size comes more profits, which means more money that is going to be used for shareholders and less for the company itself. This helps the individual and also helps shareholders.

Key Benefits of doing business

Independence in Decision-Making

Greater decision-making freedom is a benefit of entrepreneurship. It enables you to have total control over your company and to manage it in any way you see fit. Such freedom is not provided by a job; regardless of your title or position, you are still responsible for your actions.

Creativity is Unrestricted

Being an entrepreneur allows you to express yourself freely. It lets you investigate various, more effective methods of carrying out a specific task.

Set your own hours

Being a business owner allows you to set your hours and respond to customer demand.

You cannot be fired

You continue to have the company’s highest authority since you own it. No vice president, chief executive, or management has the authority to fire or criticise you. You are still in charge of everything in your firm, whether you make money or lose it.

You’re not required to request holidays

As the business owner, you wouldn’t report to anyone, thus you can take a vacation without asking for permission. You are free to take one or two days off from work as long as you keep your commitments and do not negatively impact your business.

Increased Earnings Potential

In a job, the maximum you can get paid for is overtime or a set reward for hitting your goals, whether you perform 9 hours each day or go above and above and work 16 hours. Your income as an entrepreneur will increase as you work harder and explore additional opportunities.

Manage a Variety of Duties

Deciding to pursue a business instead of a career entails networking, investigating new options, and utilising limitless learning opportunities. In addition, you gain additional experience and understand how to balance a variety of tasks as the driving force behind your company.

Explore and Expand

As a firm employee, you are constrained to a specific set of responsibilities and have a smaller window of opportunity to develop. But as an entrepreneur, you extend your authority plus your range of duties.

Gain More Personal and Family Time!

You may set aside time for your friends, family, plus yourself if your job schedule is flexible.

More satisfaction for you

Your life is more valuable if you perform as an entrepreneur. You learn important life lessons from it that help you become a better person. You develop your company the way you want to, learn new travel, and things, make a difference in people’s lives, make money, plus realise your ambitions.

The Challenges of Self-Employment Versus Getting Hired by Someone Else

Self-employment has its fair share of challenges. One of the major challenges is not having a steady income. Another challenge is that most self-employed people have to do everything on their own, from marketing to accounting.

The benefits of being self-employed are that you can work from anywhere and set your hours and work at your own pace. You also have more control over the type of work you do and how much you make.

Find Your Own Success Story in Owning Your Own Business

Some people are not happy with the idea of working for someone else. You can be your boss. Owning your own business is a great way to achieve that goal.

It’s not so simple to begin your own business. You need to have the right skills and the right mindset, and you need to know what you’re doing.

The first step is finding a niche that is profitable and has room for growth. Once you find that niche, then it’s time to get started on building your brand and marketing yourself as an expert in this industry.

The final step is making sure that you are always looking for new ways to grow your business by adding new products or services or expanding your customer base.

Conclusion

Starting a business can be daunting and difficult, but there are many ways to make it easier. The first step is to decide what type of work you want to do. If you’re interested in making money through a job, then you will need to find an employer who wants to hire you. If the idea of running your own business sounds better, then it’s time to start looking into how best to go about doing that.

On the profits, their business generates, entrepreneurs, as well as business owners, are required to pay income tax. It could be a sizable sum; therefore, they constantly look for deductions as well as exemptions to reduce their tax liability. One of the more difficult concepts to grasp is income tax.

Key points to save taxes when doing business

Hire your relatives and family members

Hiring family members might be a substantial tax-saving measure. They may receive remuneration similar to those received by other workers. The corporation can only pay the recruited family members Rs. 2,50,000 per year if they do not have any other sources of income. 

Since the salaries provided to the employees are a cost to the business, they can be deducted from its taxable revenue, lowering its overall tax burden.

Keep track of all your costs related to your business

You ought to and must keep track of every expense you incur for operating your business, no matter how big or small. You could end up paying extra taxes on the profits when you don’t record the expenses correctly.

By keeping track of your expenses, you may better understand your company, how you’re spending your money, what areas need your attention next to improve operational metrics, etc. Over time, you’ll have more control over your company and spend less money on taxes.

Accommodation and Travelling

Entrepreneurs frequently travel for professional reasons. Owners of businesses with sites scattered throughout several cities are more likely to do this.

Schedule your travel and lodging on the company’s dime rather than out of your pocket starting with your next trip if you want to avoid taxes. It can be written off from the company’s taxable income as a business expense.

Spend more money on marketing

It’s time to switch to digital marketing when you’re still relying on traditional methods of advertising because it gives you access to a wider audience and increases the likelihood that you’ll attract new clients.

You will gain from this from a tax perspective as well because marketing expenses are tax deductible. Thus, increasing the marketing budget is not a bad idea.

Business Utilities

Business owners that use their vehicles plus phones can prove that these costs are related to utilities. For example, expenses for phones, cars, parking fees, driver salaries, and other items are claimable provided they are done only for business purposes. Electricity costs are also deductible if you operate your home. It will ease the financial burden of taxes. 

A few of the business utility costs that are eligible for deductions include:

Initial costs: Section 35D of the Income Tax Act allows deductions for all costs incurred before the enterprise was established. These are included as initial costs and deducted over five years from taxable income.

Convenience costs: If you frequently use a vehicle or a phone for work, these costs are deductible from the company’s books as business expenses.

Regular costs: When you run your business out of your house, you can deduct power costs under the heading “head of the company.” Rent costs and other expenses incurred because of an internet connection are therefore deductible.

Tax deductions for depreciation: Any capital expenses are also allowed under the “income of firm” category for depreciation. To lower your tax liability, you must make capital investments using the company’s funds and claim depreciation.

Medical Insurance

Under Section 80D of the Income Tax Act, 1961, insurance premiums as much as Rs 25,000 could be written off as a tax deduction. This applies to you, your kids, your spouse, and your parents. 

When you work a full-time job and run a business at the same time, and your employer offers health insurance, this does not apply to you.

Deduct tax properly at the source

The Income Tax Act contains particular provisions that allow business owners paying for a good or service to withhold tax from their payments to the supplier. If someone doesn’t, those expenses won’t be allowed and they’ll have to pay more taxes as a result.

For instance, the entire sum of Rs 3,00,000 won’t be permitted when assessing the taxable profit if you give an agent Rs 3,00,000 commission without deducting the tax at a rate of 10%.

Donation

Donating money offers you the satisfaction of just doing good deeds as well as tax advantages. Donations made to recognised charities and funds, like PM’s relief fund, can help you reduce your taxes. To qualify for tax benefits, you could also donate to an established political party.

Housing Loan

If you think it’s not advantageous to buy a house with a bank loan, you’re mistaken. It can increase greatly over time, is a long-term asset, and offers tax advantages. 

When you associated your PAN with the company, you may be able to claim deductions for taxes of up to Rs 1,50,000 per year under Section 80C of the Income Tax Act.

Depreciation

Manufacturing-related businesses receive substantial tax advantages. Companies (under Section 35AD) building new machinery and equipment over a year may deduct up to 20% more than usual in depreciation in the year they are placed into service.

For instance, you would be obligated to pay taxes on the unclaimed 20% when you bought new machinery, declared normal depreciation of 15%, and did not claim extra depreciation of 20%.

Digital Transactions

Paying your employees in cash wouldn’t be a good choice in this digital age. You will also be included on the income tax agency’s “red list.” This is prohibited in your account books to offer someone over Rs 20,000 in cash together in a single transaction.

For instance, the income tax authority will judge a cash payment of over Rs 20,000 made to a worker in a single day to be invalid. Your taxability thus rises. So, it’s always a good idea to pay your employees by bank transfer.

Conclusion

A rupee saved is a rupee earned. It makes sense to use tax-saving measures when there are numerous of them available. In the long term, adopting tax-saving strategies will pay off.

Navratri is beginning today. This festival is a nine-day holiday dedicated to Adi Shakti, Maa Bhavani, Mother Jagat Janani, and Maa Durga. Beginning today, the Shardiya Navratri will last until Vijayadashami on October 5. The Kalash will initially be meticulously established today. The establishment, invocation, as well as life of Maa Durga, shall then be dedicated.

The chanting of Matarani is audible in Mata temples throughout the nation as Navratri gets underway. There has been a throng of worshippers in the Mata temples ever since morning. Flower arrangements and vibrant lighting are used to decorate the temples.

There are 4 Navratris celebrated, including two Gupt Navratris. Maa Durga followers actively observe the other 2, Chaitra Navratri as well as Shardiya Navratri, praying to her nine incarnations every day of the festival. The 9 forms of Maa Durga are Shailputri, Brahmacharini, Chandraghanta, Kushmanda, Skandamata, Katyayani, Kalaratri, Mahagauri, and Siddhidatri.

Maa Durga as Shailputri

“Shailputri” is Maa Durga’s initial form, who is adored for nine days. Mother Parvati also goes by the name Shailputri because she is the daughter of the Himalayan Mountain lord. In addition, the mother is also referred to as Hamvati. The benefits of worshipping Maa Shailputri are endless. To her followers, Mother bestows fame, wisdom, salvation, happiness, riches, etc. The seeker must maintain mental alignment with the “Mooladhara” chakra on the initial day of Navratri because this is where his yoga practice will start.

Start and end date

Maa Durga as well as her 9 forms will be honoured at the nine-day Shardiya Navratri festival, which is set to begin on September 26, 2022, with the Ghadasthapana ceremony and end on October 5, 2022, with Dussehra/Vijayadashami celebration or the Durga Visarjan.

Shardiya Navratri is celebrated in the month of Ashwin, which falls between September and October on average. Each day of the 9-day festival, which honours different Durga avatars, is dedicated to a different goddess. To obtain Maa Durga’s blessings, devotees observe fasts on all 9 days, or only the first two or last two.

Timing for Shardiya Navaratri in 2022

The muhurat for ghadasthapana on September 26, the first day of Navratri, is the one from 6:05 am to 7:40 am.

Worship the Mata Shaitraputri mantra

Vande Vanchitlabhai Chandradhakritshekharam॥

Vrisharudhan Shooldharan Shailputrin Yashaswinim.

or

Shivroopa Taurus Vahini Himkanya Shubhangini.

Padma Trishul Hasta Dharini Ratnayuk Kalyankarini.

Mata Shailputri Worship method

• Do Ghatasthapana as well as worship first thing in the morning after waking up early and having a bath, etc.
• Then, worship Maa Shailputri and present the mother with Akshat, white flowers, incense, vermilion, a lamp, fruits, sweets, perfume, etc.
• Give Maa Shailputri milk-based treats or cow ghee as an offering.
• Say the above mantra to worship during this.
• Read Maa Shaitraputri’s tale from the heart.
• After that, perform the mother’s aarti using a ghee lamp before concluding your worship with an apology.
• Be sure to thank the mother for her blessings and offer an apology for any errors you may have made throughout the worship.

Day-Wise Calender

• Ghatasthapana, Maa Shailputri puja- September 26
• Sindoor Tritiya, Goddess Chandraghanta puja- September 28
• Maa Kushmanda puja- September 29
• Maa Skandmata puja: September 30
• Maa Katyayani puja-October 1
• Maa Kalratri puja- October 2
• Durga Ashtami, Maa Mahagauri puja- October 3
• Mahanavami, Maa Siddhidhatri puja- October 4
• Durga Visarjan, Dussehra or Vijayadashmi- October 5

The story behind Shardiya Navratri

When Ravana was killed during the Lankan War, Brahmaji commanded Shri Ram to worship Chandi Devi to appease the Goddess. Additionally, the law made 108 rare beans available for Chandi Poojan and Havan. Ravan, in contrast, began Chandi training to become immortal. Indra Dev informed Shri Ram of this through Pawan Dev and then conferred with Chandi to ensure that the instruction was as thorough as possible.

Through Pawan Dev, Indra Dev informed Shri Ram of this and advised him to give the Chandi Lesson as completely as possible. The worship of Shri Ram was about to be interrupted when a Nilkamal from the place of worship disappeared from the incense burner due to Ravan’s elusive power. The vow made by Shri Ram was broken. The goddess-mother might not have lost her cool, which was a worry.

When it became impossible to arrange for the rare Nilkamal, Shri Ram suddenly realised that he also went by the name Kamal-Nayan Nawkavang Lochan. Why not give one eye over to the veneration of the mother? Goddess then came, holding her hand, and said, “I am delighted as well as blessed by Vijayashree,” as Lord Rama prepared to remove an eye after extracting an arrow from her.

On the opposite side, Hanuman Ji assumed the guise of a Brahmin child but also joined Hanumanji while worshipping Ravana. Additionally, a Brahmin performing puja recited the poem Bharati Harinani, Jaya Devi, where Harini denotes the sorrow of the devotee and Karani denotes anguish and anguish. As a result, Durga cursed Ravana in her rage. Ravana was also defeated.

Another story behind Navratri 

Another tale surrounding this celebration claims that Mahishasur, a Buffalo Devil, was killed by Goddess Durga. The deities had given Mahishasur the bridesmaid to be invincible because they were pleased with his service. Mahishasur began abusing him after obtaining that blessing as well as extending hell to heaven’s door. To claim ownership of the sky, Mahishasur extinguished the rights of the sun, Indra, moon, fire, yam, air, and Varun, as well as other gods. The goddesses had to traverse the land while avoiding Mahishasura.

The gods then produced the Durga memorial out of their wrath over Mahishasur’s suffering. The gods reinforced them by dedicating all of their weapons and weaponry to Durga to kill Mahishasura. He battled Mahishasur for 9 days, and in the end, Mahishasura was slain and given the name Mata Durga Mahishasurmardini.

WISH YOU ALL A VERY HAPPY NAVARATRI 2022

If you are having a shop that is currently running offline and you want to earn more money then you can also sell your shop products online.

If you want to start new ,you have to set up a small warehouse(maybe your current shop) and stock the items that you want to sell.

Requirements for online selling

1. You need to have a GST number for registering on any e-marketplace (amazon, flipkart,meesho,etc.)
2. You need to have a bank account with that registered name.
3. Your area  should be serviceable by the courier service company. Generally there are many courier companies and every online platform like meesho provides the courier facilities to the supplier.
4. Initial and small stock of the items you want to sell and Packaging items.

What types of items you can sell

Generally if you are a small businessman or you are starting with a low investment then it is profitable to sell low weight items like – chinese electronic items, jewellery or the products that are unbranded and have high margin for profit.

If your product weight is below 500 gm then it is profitable to sell those items as they save a lot of money in sending the parcel and receiving the return.

Is it Profitable to sell on Meesho?

From my point of view the only ecommerce platform that is best is Meesho. It is 100% zero commission and you just have to create an account and list the products and when you get orders you will get the full amount on the order, the price at which you have listed the product. But they deduct some amount like  TCS and TDS, and the GST on the delivery charges. They all are adjustable at the time of GST filing.

Delivery charges are paid by the customers and you are just entitled to pack the product and ship it. All the courier facilities will be provided by meesho.

Claim on Returned Parcels

Meesho has the best customer support and provides resolution to its supplier at the earliest.

They have a claim policy in which if the returned parcel is not having the original items, or the parcel is tampered or your parcel is lost, in these cases they provide 100% price of your product And waive off the delivery charges on that parcels.

All the claims are not approved by meesho as they are approving only 60-70% of your claims.If your claim ratio is higher than they will not provide you the claim amount once your claim ratio decreases according to their level.

They are updating their return policies very frequently nowadays. But it is still profitable than all other ecommerce marketplaces.

How to claim for wrong returns?

1. First click the image of the returned parcels with its AWB bill and click such that the parcel can be fully seen in the image.
2. Now create video while opening the parcel, in video awb bill and product should be clearly seen.
3. Click the clear image of the products received in the returned parcel.
4. These three things are required in order to get a claim and some description of the returned parcel.

What are the benefits of online selling?

You can not sell online  without a regular gst number, so there are a lot of benefits of having a regular gst number, if you are an offline seller and having a regular gst number then these benefits will be applicable for you as well.

1. All your bills will be proper with GST and you have to pay GST on all your bills, so you are creating the credit score for yourself, in future if you need loans from the bank that it is easy to get loans on the basis of your current business revenue.
2. All the payments will be made online, you need not to hesitate and not to manage a lot of bills, all your transactions will be saved in your mobile banking application or the general passbook.
3. You can buy from anywhere in India just by giving GST number and by paying them, and all your items will be delivered to you by the transport and no need to take any risk. If you gst bill then it is the transport service responsibility if your bag is lost in between transit. And the transport fee will be less in case of GST Bill. 
4. You can buy a phone, laptop(for personal use) and any other thing that can be shown as the requirement for the firm (so it can be shown as firm expense). You can save the GST amount on that product.

According to draught bill, phone and messaging apps like WhatsApp, Skype, Zoom, Facebook Messenger, Microsoft Teams, Telegram, and Google Duo might soon need licences to function within India.

Declaration by Union Minister

According to Ashwini Vaishnaw, Union Minister, the government intends to enact “Light Touch” rules for Over the Top (OTT) platforms via the Telecom Bill. Additionally, he stated that the changes would give subscribers relief from unwanted messages and calls.

The Union Minister of Communications, Railways and Information Technology stated during a news conference that the measure will serve as a means of user protection.

Mr. Vaishnaw added that the regulation should, if possible, include highly efficient measures for achieving the goal. Wherever necessary, we must enact severe, effective laws; nevertheless, everywhere else, the rules will be straightforward and light-handed, putting everyone at ease. This legislation will serve to protect users.

The Union Minister added that the draught telecom bill is presently being discussed with all interested parties, and noted that the consultation results would be used to create the final document.

Applications needing licences

He stated that applications such as WhatsApp, Facebook, Signal, and Telegram will be governed by the Telecom Bill. The term telecom services in the proposed bill also includes over-the-top (OTT) and communication services.

Based on the draught bill, phone and messaging apps like WhatsApp, Skype, Zoom, Facebook Messenger, Microsoft Teams, Telegram, and Google Duo may soon need licences to function in India.

The Union Minister stated that after the measure is passed, they anticipate a decrease in cyberfrauds.

What did the Union Minister say?

Mr Vaishnaw said, “All of you know that there has been a rise in cases where people get a call saying I am calling from XYZ bank seeking financial details leading to fraud… or you get threats from unknown numbers… so, we have introduced a lot of points for user protection and to prevent cyber fraud.”

The minister added the following while discussing calls made using platforms other than Skype and WhatsApp: “Whichever type of call it is, if someone is calling me, I have the right to know who is calling. This is a right that every user has and has been put into the Act (new bill).”

Benefit of Protection

Users of mobile phones may benefit from this action by being protected from spam calls but also fraudulent communications.

Minister stated that before this bill becomes law, at least 6–10 months will pass. Following the consultation phase, we will draught the final version. After that, it will be sent to the Parliament for review and approval. After it becomes legislation, a decrease in cyber fraud is anticipated.

According to the Union Minister, telecom is the gateway to Digital India and will aid in advancing Prime Minister Narendra Modi’s goal step by step.

Statements made in regards to the bill

“Telecom is the entry point of digital India. After that comes data protection. Followed by the Digital India Act. We have to take the vision of the Prime Minister methodically step by step. The two most important points of the Telecom bill are consumer protection and making sure that regulation is very clear in terms of who is doing what and who is affecting whose life,” Mr Vaishnaw said.

Further, Mr. Vaishnaw stated that all of the current laws, restrictions, exemptions, etc. would continue, based on the draught bill. No retroactive changes to the terms and conditions will be made, and all currently held licences, registrations, as well as spectrum would remain in effect.

Mr Vaishnaw stated in his presentation, “Currently India has three laws. Indian Telegraph Act, 1885, Wireless Telegraphy Act, 1932 and Telegraph Wires (Unlawful Possession) Act, 1950. These laws require change now as technology has changed considerably and needs a modern law. We need a specific legal framework for Spectrum, Right of Way, Insolvency, etc.”

According to the Union Minister, the law includes KYC and DND regulations and will enable wireless equipment without a licence.

KYC and DND

Mr. Vaishnaw explained that this proposed law includes requirements for Know Your Customers (KYC), security from unsolicited messages, and Do Not Disturb (DND) registers. To avoid fraud, it renders the caller’s identity accessible to the recipient, while it is the user’s responsibility to provide accurate KYC information.

Draft Bill

“According to the draft bill, wireless equipment no longer requires a license, they only need authorisation. Spectrum will be given through auctions with exceptions for government purposes, which includes defence, transportation, etc” the Union Minister further said.

According to the Union Minister, the government is implementing “Spectrum Reforms” via the bill, that aims to make the best use of the spectrum.

“Through this bill, the government is doing ‘Spectrum Reforms’ like, Spectrum re-farming or re-harmonization, Spectrum sharing, trading, leasing, using Technology agnostic, using unused spectrum to government and surrender of the spectrum. Our focus is on the effective use of spectrum,” Mr Vaishnaw said.

“In this draft, bill offences are updated and archaic provisions have been removed. There is a clear distinction between major offences and routine mistakes. In the bill, compounding provisions are included and cognizable and compoundable are based on the seriousness of the offence,” the Union Minister further said.