Social challenges against Government of India:

Often, it’s difficult to get rid by truth. In this 21th century, We, Indians life are mazy around the social challenges. Since independence, poverty, starvation, corruption, illiteracy, Inflation, crime, Communalism and Violence issues are deep rooted in our Indian society. Eventually, when unwanted or undesirable situation creates in front of society or section of society which harm, obstruct the growth and ruined the basic rights of people is recognized as the Social issues or social challenges.

India is an ancient country with 5000 year old civilization. Thus, our society is a mix of sundry people, cultures, beliefs and languages. Longstanding ‘saying’, there is unity in our diversity. 

No doubt, India is among one of the fasting growing economy in the world.  However, on the contrary, human growth scenario is completely different. Corruption reached on its Zenith which leads to all other major social issues. Gradually, rich are getting richer and the poor get poorer, massive gap has been created between richer and poorer in the society.  Every second and each day people undergo with severe Social problems. Are we compelled between these issues or we became habitual of live with them? If it’s not like that, then what binds us?

In a nutshell, let’s describe some of the major Social issues or social challenges:

Poverty- it refers to a situation when large section of society doesn’t get the basic amenities and when people doesn’t have proper food or clothes or shelter. It’s a leading concern which seems like a never-ending issue.  Indian Planning Commission’s 2013 data shows approximately 269 million people compelled to live under the poverty line.  Indeed, illiteracy leads to poverty and we should understand education is the biggest tool to fight against poverty. Now, for our governments, it’s time to show some sincerity, become accountable among the people and take strong action against Poverty. Alongside, Quality education must be approachable at all parts of the society especially among the poor.

Illiteracy and Unemployment- in India, English speaking people numbers are the biggest in the whole world. Despite, quality education lags far behind. Ironically, label of quality education in government schools keeps below the mark. Somewhere, most of social issues are interconnected to each other. See, Illiteracy gives Birth to the Unemployment, and this turns towards poverty and sometime poverty forced to do crime.   Basically, Illiteracy refers to Inability to read and write. In fact, it’s a biggest barrier in the country growth and a main the hurdle in employment. Hence, government needs to enforce free education strictly and make it mandatory to every citizen from richer to poorer. Once we get start educated, several doors of employment will open instantly. And, to be sure, Indians will no longer unemployed.

  

Inflation - remains a matter of concern between lacs of middle class families. Imposing unusual taxes and uncontrollable corruption hampers the daily life of common man. Longstanding, Inflation issue keeps on the top priorities in election manifesto’s of almost all political parties. And, we all know very well, how quickly they take U-turn on their pole promises. Ironically, inflation stills an unsolved riddle, for our politicians. Somewhere, this concern often brings people on the street to protest against government irresponsibility and miss-governance. In addition, government’s have insufficient policies to control and to fix the prices of necessary products in the markets. Moreover, there is huge Lack of control and social awareness over government spending, holding stocks in illegal way by Brokers also causes price rise.

Health care system - while visiting any hospital, we can experience long queue of people to wait for their chance. Heath care industry achieves lot in terms of technology. Plethora of cutting-edge equipment can be is easily seen in the hospitals. Despite, quality healthcare still far away from the common man, huge shortage of government hospitals people faces. Issues such as; Sanitation and cleanliness often noticed in the hospital. Ironically, middle class people are compelled to face severe problems in these circumstances. Undoubtedly, private hospitals are well-equipped in each aspect but middle class can’t afford them often.  On the contrary, in a surprise move, Delhi government introduced the innovative and effective Mohalla clinic concept in the capital. Accordingly, they aim to step-up well-equipped Mohalla clinic in each society of the capital to provide quality health care and to resolve over-crowed situation of Hospitals.

Water crisis- recent study reveals, around 33 Croce people facing severe water crisis in the country.  And, Latur (Maharashtra) is the biggest victims among all. Alongside, Rajasthan, Maharashtra, Madhya Pradesh, Telangana Suffered by drastic drought situation.  It’s quite unfortunate that most of our traditional water resources such as; ponds, canals, rivers, wells, river, has been dried up. Alongside, Year by year, inadequate amount of rainfall affected the agriculture badly. Ultimately, people are forced to migrate into cities. Sorry to say, but somewhere situation has been so critical and out of control. Regardless, whatever the situation we have, on a positive note, we need to get back our all water resources through water conservation and rain water harvesting. Mean to say, we have to reviving our traditional water resources once gain to fight back against water crisis.

Corruption- in past some years, scams such as; 2G scam to the Coalgate scam, CWG scandal to the Bofors scam sucked the public money badly. In 2012, Anna Hazare's anti-graft movement has once again gripped the nation. Indeed, that anti-corruption revolution Awaked and realized us how we all are highly affected by corruption and how politicians took above 1 lac Croce of black money in Swiss bank.  Our opportunistic leaders already have done big damage to our country. We all know how they misused the powers and plundered public tax money. Longstanding, middle class is biggest victims of corruption. As soon elections comes closer, each political party start blaming each other, but no action. From babus to top ministers, all have been involved in various scandals.  Somewhere, a ray of hope still left, Corruption can be control. Hence, government should bring effective rules and laws against corruption, and they should bring transparency in the governance so that public could keep on eyes on them.  Our politicians need learn to be accountable for their role, so that, we could justify India a real democratic country.

Several way salaried people can save tax?

As soon as the end of financial year comes closer, salaried individual start worrying about how to save tax? The point is, no one wants to waste their hard earned money on tax.  Often, people choose illegal way to run away by tax. Thus, before, recognizing you as tax evaders, why don’t you consider some legal practices to save your money by tax?  Now, it’s basically up to you how to invest your money in various schemes to get the tax benefit. Talk to your employer and try to restructure your salary to get extra tax assumption. Here, we will focus on several interesting way to save tax, might be, you aware with few of them, but,  in this post, you will find some more fascinating tax saving options.

Public Provident Fund- frequently investing in Public Provident Fund account always gives tax benefit. Alongside, now you don’t have to pay taxes on interest received from Public Provident Fund investments.

EPF account- basically it’s a retirement saving plan, well-organized companies contribute to EPF account in case of basis salary less is than 15000/month. Alongside, employee also contribute equal amount in employee account. Under section 80C, you can get tax exemptions while contributing in EPF account.

House rent allowance- if you are paying rent and still not getting any HRA to your company. On the basis if given below conditions, you can claim for HRA. Under Section 80GG:

·         Real HRA

·         Rs 2,000 per month

·         10 per cent of total income

·         Rent paid less than 10% of salary

·         50% of Basic for Metro City or 40% of Basic for other City

Home Loan- if you have taken home loan you can get tax benefit on it. In 2016 budget, for home loan interest payment, the limit of assumption is increased to 2.5 lakhs.  In this way of deduction, you can save big tax money. Indeed, more home loan amount leads to more tax saving.

Medical Insurance- under Section 80D, there is provision for Deduction of Rs. 15,000 for medical insurance of self, wife and children alongside, Rs. 20,000 for parent’s medical insurance who is above 65 years.

Education Loan- if you have taken Education Loan for self, spouse or children than it will be applicable for the deduction. However, Interest which you paid on education loan is always non-taxable. Hence, summit your loan installment papers and prove while paying income tax in the year end.

Life Insurance - Life insurance is investments you pay to make sure that your beloved are not left stranded in case of some miss happening occur to you. Life Insurance premium considered another tax saving option for years.

Fixed deposits – salaried person can save tax on fixed deposit in bank which is applicable for the period of 5 years. Before maturity (5 years) you can’t withdraw tax saving FD. Senior citizens get a higher interest rate in fixed deposits policy.

Invest in Mutual fund – it has tax implications and remains one of the best ways to avoid tax, if you invest in mutual funds then you can earn profits 100% non-taxable in various criteria. Nowadays, salaried person like to invest in Mutual funds and equity to get tax exemptions.

National Savings Certificate- post office small saving scheme, like fixed deposit it’s also give fixed return with interest rate of 8.5%. It’s an old but reliable way to avoid tax. It is applicable in duration of 5 years and ten year. Under section 80C, the National Savings Certificate gives tax benefit. 

Travel Allowance- in order to reimburse the expenditure incurred on the holiday, it is given by the employer to their employee. This allowance exempted from income tax, during paying the income tax at the end of year, you just need to summit the valid proof of travel to get tax exemption.

Top 10 secrets to double your money in short span

Feeling Excited!  Well, here, we will discuss about some genuine strategies just to increase or double your money in shorter time. Smart investors often hunt for innovative ideas to park their money for instant returns.  And, if you are among one of them, then, indeed, you are at right place now.  Not only experience but novice investors could also take a smart start in terms of investment here. Before making any investment decision, everyone needs to keep aware regarding both angles of investment options. In this article we will talk about various option based on risk appetite, time frame and returns percentage, it will be up to you, which one you choose according your comfort and needs.

Here are list of some options to double your money;

Stock Market- investing in stock market is the smartest way to get instant result. If you have will-power to bear risk than indeed, Stock Market offers lot more for you. Simply, more risk more profit suits stock market. Hence, investing in trending stock could make you richer over the time.

Tax-free Bonds- in past few years, Tax-free Bonds emerged as the anticipating investing option due to tax relaxation or tax benefits on it. Basically, bonds are issued by government ventures and pay a fixed interest rate. Bonds typically yield 8%+returns. Hence, investors can double money in 8 to 9 years frame.

Mutual Funds- it bring risk itself as well, however, rate of return keep higher in comparison to other investment options. Rate of return depend on term of Mutual fund selected by the investor. Mutual funds investment generally takes 5 to 6 years to double your money.

Public Provident Fund- backed by Government of India. A long term investment, Public Provident Fund offer attractive interest rate that is totally exempted from Income Tax. It was started to encourage saving for retirement corpus. Indeed, it’s a most reliable investment option among lacs of middle-class families.

Bank Fixed Deposit- RBI currently offering 8.25% to 9.25% interest rate which doubles the money in 8 to 9 years. Eventually, it’s another reliable investment option for common people. Bank Fixed Deposits are easily obtainable by banks, private banks and company.

Gold ETFs- Gold Exchange Traded Funds offer 22% rate of return annually, old and one of the most fascinating way of double the money in around 3 years of time. To be sure, in gold investment you get ecstasy of good return in short time. In 2002, Gold Exchange Traded Funds (ETFs) was launched and became easiest ways to invest your gold. Despite, in last few years, gold lost its shine, investor still consider gold as a nice option for investment.

Clear you’re all debt- indeed; Debt is biggest obstacle while looking for double your money. Very first and major suggestion is please just get out of your all debt as soon as possible. Hence, limits your extra expenditures and desires. Otherwise, your all efforts might be waste. Often, people take it casually and later that become the big mistake of them. Indirect, but it’s a nice way to save your money till its get double.

Cut down worthless expenses and tax. Rather wasting on insensible expenses, why do not you prefer to save that money for sensible investments! Such as PF, FD etc. to avoid tax, you can park you money in National Savings, ISAs, pensions, & various Investments products.

Clear your mortgage- in order to safest and most tax-efficient investment, first just pay off your mortgage. It gives you the outstanding freedom to be mortgage-free. Once it’s paid you own it independently without paying any tax. It is tax-free; any money you pay into your mortgage is completely tax free.

Real Estate- remains one of the well-liked investment options among the investors. Not only double if you invest in fast developing location then you can get triple return as well. On the other hand, it requires big capital to invest.

With each passing year Sharebazaarlive has tried to bring new ideas and additional services.

Year in and year out, Sharebazaarlive stands as a leading brokerage venture with world class customer support.  Sharebazaarlive is a significant subsidiary of prestigious Ashlar group. It was started in 2008 and serves countless customers. Like most of the other brokerage firms, Sharebazaarlive is based in cutting-edge city- Noida. We deals in businesses such as stocks, commodity equity, mutual funds, ETF, bonds, loans, fixed deposit, and life insurance.

If you assume yourself a novice investor who either lacks the time or wish to manage your investments, but know you need to start investing, then Sharebazaarlive might be a good choice for you. Sharebazaarlive allows you to set up trading platform with us.  Alongside, we assist you on every turn and let you decide how to invest your money. We offerDemat account on minimal fees to manage your investment, so you can take care of your all valuable investment. The beauty behind our policies allows you to focus your trading in particular niches that you might not be able to else, or at least as merely. Sharebazaarlive operated via Noida with a strong base of well-qualified employees.

Alongside, Sharebazaarlive lets you connect all of your brokerage accounts, credit cards, bank accounts, etc. to your Demat account.  We facilitate you to maintain all of your financial accounts in one place. With each passing year Sharebazaarlive has tried to bring new ideas and additional services which can bring ecstasy of trading to our customers. In terms of brokerage charges, we tried to keep it very low.

We believe in provide full liberty to our customers so that can execute their plans while trading. Basically, we offer Rs 5 per executive order to BSC, NSE and MCX exchanges in all segments such as stock, commodities, currencies, derivatives etc. Sharebazaarlive rely on commitment, consistency, transparency, credibility, respect & integrity. In a nutshell, whether you trade on lower level or you seek for big deal, we keep maintain equality among our clients by providing best service and every possible help. Picking an online stock broker is another significant task you'll make as in investor. Every buyer has a diverse investment style that can help decide which online broker may be the best one before step-in the market. Not only trade, we update our customers with indices and market updates, stock quotes and many more.

It comes with tremendous facilities and services such as;

·         Live chat’ where all queries answered instantly, on priority basis.  

·         Personal advisory services.

·         Depository participant services, insurance , equity broking, commodity broking,

·         IPO in mutual fund services.

·         Forex services.

Literally, if we observe, there is a plethora of brokerage firms in the online stock market but our modern approach and ability to understand customer needs and desires, make us unique to our competitors. In light of our presence in the stock market, Sharebazaarlive goes it is puts zero to all difficult barriers, is booming rapidly in the market.

Value investing – An intelligent way to trade in stock market

Value investing is the concept of buying share when its price undervalues its inherent worth.  In simple words, Buy a stock when it’s low and sell when it is high.  Indeed, Value investing is one of the best stock picking method by longtime.  Investors who desire to finding good deals then they need to consider about value investing. Foundations of value investing basically lay by Benjamin Graham and further continue and developed by his followers. Often, inexperienced investors faced two major problems before tried out for value investing; first is, they didn’t know enough regarding stocks and second, they felt stocks remains too risky thing.

When someone get deep familiarity about companies and their stocks and understands nature of companies then that can easily execute trading.  In addition, It’s a way of investing in a worth company that we assume is undervalued. In value investing, we invest in a hope that undervalued stocks in the current market but will become stronger in the future. In fact, value investing provides an opportunity to buy share on its low price to earn good profit in the upcoming days.  Value investors must know the basics such as cash flow, dividends, earnings growth and book value, all these things create major impact on a stock’s value than market factors.  In case, you think that your basics are clear or you are going in a positive direction, and still stock’s price is below its obvious price than the value investor realize this is a probably investment candidate, market has wrongly the stock value. When the market resolves its mistake the stock’s value should likely to a boost up. Undoubtedly, Value investing is an intelligent way to trade in the stock market.

There are several basic principles of value investing:

 Do your research- in the research, one need to examine the company’s history and current status before buying any share.  Indeed, you need to understand its long-term strategies, its financial structure, its consistency and its business ethics.

Diversify- do not depend on a single stock and company, its means just invest in various stocks of diverse companies to avoid sudden loss. Indeed, diversification of money in stocks matters always. Intelligent investors never put their whole money in single stocks. 

Seeks safe and steady returns- in 21th century, everyone want to make quick money. But, in stock market sometimes this attitude leads to face losses. Thus, instead of this approach, first understand the market temperament and then seeks of consistent returns, year after year.

Stick With your knowledge- buys those companies share which you know better or you feel confident about them. In this way, investors can reduce their risk percentage to losses. Simply, if you don’t aware about that particular stock then don’t invest.

Small identity, big caliber- nowadays, everyone wants to invest in big things, in hope of greater returns.  Always seeks for companies that might sell for less than they are actually worth. However, at the end such companies get success and secure the good returns. Sometimes, big name doesn’t deliver than we expected.

 A Weak Link- sometimes companies drag down its performance due to unprofitable situations. If the company sells or closes at that situation, its financials can get better spectacularly. Hence, investors who are able to indentify this position of the company then they can purchase the stock while its price is low and could see gains subsequently.

Long-lasting Demand- companies whose product and services are in demand for the longtime are expected to continue to be in demand in future as well. Hence, determine such companies to get benefit in short time.

Intraday trading –Quick and Fast way of trading

Intraday trading refers to the wrap-up of trading on the same day.  It means that buying and selling the stock in a single day before the market close. In more simple words, settle your whole transaction on the same day.

 Let’s understand Intraday trading with an instance.

Suppose you buy a stock at Rs 500 and sell it for Rs 550 on the same day your earnings per share will be Rs 50 directly on the same day.

In stock market, trades can be done intraday and a second is long term investment. In Intraday trading, one can hold share just for same day, in long term trading share can be hold for the long-time. There is nothing wrong in go for intraday trading.  Only important thing to keep in mind, try not to take risk more than 2% of your trading capital on each trade. Moreover, invest only the amount that you can afford to lose. An unexpected action can wipe out your whole investment in a moment.  Indeed, you can avoid loss in trading if you trade with proper risk management. Intraday trading is the finest way to have trading in stock market for whose People who don’t have endurance and who’s who can’t wait long months for the outcome. It is not compulsory that a stock which is weak today while trading might be weak next day as well, simultaneously if a stock is strong at present might not be strong tomorrow, in this volatile market situations keep changes.

We list out some important tips and suggestions while trying out intraday trading;

Choosing best Broker for Trading Account- Selecting broker to open Demat or trading account is the first and basic step before jump in stock market. Market has flood of brokers and that provide us enough option to choose best one.

Study basic of intraday trading strategy- it is important to understand the basics of the stock and prepare a list of trendy stocks and debt stocks then choose right one. Be aware with important terms such as; short selling, bull market, entry, exit, stop loss, different charts, graph, pattern, etc.

Listen to Stock Market Expert-always consider the expert opinions. CNBC and Zee business channel telecast programs on the stock market situation regularly to update investors with market current situation.

Choose extremely liquid shares- prefer to trade in index-based stocks, large-cap, which get traded in large degree every day. So that, in end of the trading session you got an ideal position to wrap for a day.

Stop losses to have impact- Stop losses is important triggers for selling shares. Let’s suppose you buy 10 shares of tata at Rs 500 each and set a stop loss of Rs 450. In case, if the share falls to Rs 450, your shares will be sold instantly. In this way, your losses will be curtailed even if the share drops to Rs 400.

Buy Low Sell High- simple and basic rule you need to apply while trading is to buy a share at the lowest price and sell it at the highest price to make maximum profit.

Analyze the stock market performance on daily basis. Keep an eye on market to understand the nature of market regarding performance of share.  You should be capable to understand the market behavior due to different news triggers.

Fix entry price and target levels- beforehand, fix your target level and entry price. Often, psychology of the buyer changes which could obstruct with his decision and push him into selling too quickly even if the price moves up slightly. This might cost him the chance to fully profit from the upside. Therefore, set-up price &target and stick to it.

Start with Minimum Investment-if you are novice or inexperienced trader, it is better to begin with minimum investment. Later, once you get the right idea and direction to trade you can take a big risk as well.

Don't run against the market trend- in case, the market doesn’t move as per your expectations, don't try and be a contrarian ever. Even sophisticated expert and analysis fail to forecast which way the market will move.

Quit if you are not getting profit- even after lots of try and bad luck you unable to make money then quit instantly to avoid big loss. And understand stock market trading is not right for you.

Life of middle class under Burden of various Taxes

Ever since I started noticing tax system in European countries, I started condemn our system’s intention to imposing plethora of taxes on a middle class.  After a gap of every five year, we cast vote and in return, we get some more new taxes.  Often, several questions hit in mind, is really government justifying with our tax money? Or what we get in return in place of paying the tax? Therefore, let’s focus and try to understand the actual meaning of imposing taxes. In European countries, tax enforces just to execute basic human rights for every individual such as; provide our children with quality education, provide our families with better health care, to make sure our food and water are safe and hygienic, to keep our road clean and perfect, provide public transit and parks, build and maintain the infrastructure of our area, provide legal safety to their citizens, in other words, fulfill our basic needs every day of the month, every month of the year.

Unfortunately, in India, situation is quite different. Indeed, we still far away from our basic human rights. However, directly or indirectly, every Indian is a tax paying person. From niddle to car, whatever we buy from the market, we pay the tax on it. Interesting to know, around 25 types of taxes enforces in India on various things.  Ironically, in the 2016 union budget, central government introduced five more new tax such as;  Krishi Kalyan Cess, Swachh Bharat Cess, Infrastructure Cess, Dividend Distribution Tax and  Entry Tax.  Sorry to say, but middle class suffers badly between taxes. In India, most part of the population belongs to middle class category. Hence, middle class is the biggest victim under plethora of taxes for the long time. Here, people are born to pay taxes, wake up early, work late and pay tax within time; this is a bitter truth of middle class life. Often, I feel that a concept of tax is injected in our DNA. In fact, many of us don’t know that why actually we pay tax? According to them, they just pay because government asked to pay.  However, big thing is this; last 25 taxes were not enough to run the government. Of which, they bring five more new tax.

Anyway, Let we make another point concerning, private or government sectors employees work hard, even in tough circumstances, just to earn money for their families’ survival. In fact, they earn to keep system running and so they provide us the basic need and public services as well. Unluckily, in this 21th century, most of us are still struggling for the basic needs which are first right of every individual. Ironically, the fact is basic human rights was never in the priority list of our government.  That’s why, even after independence of 67 years, middle class always feels hopeless while it’s come to basic human rights. Let’s look at the impact of 2016 union budget on middle class. Soothsaying is difficult task and in 2016 budget it’s has been proof. Indeed, middle class expected to get some relief, but happened just opposite. Plenty of new tax imposed, service tax rise around 0.5% and now it is 15%. Its means it will directly hit on inflation. All necessary items have been expensive; it will surely impact on middle class monthly budget. According to us, the biggest drawback was that there was no new idea in the budget.

Meanwhile, central government introduced GST bill in the parliament but because of opposition objections, still bill didn’t come into force. According to GST bill, there will be only one tax in enforcement in place of plethora of taxes. Indeed, it will boost the Indian economy and will control the black money. Literally, in most of European countries, only one type of tax enforce on the public which is the best things about them.  In a nutshell, when the lifestyle of people gets better then countries automatically move on the path of development.  In order to bring change in the life of middle class, government needs to justify their tax money, by providing basic needs. In a surprise note, India holds 4^th ranks on top billionaire list in the world. On the other hand, we also hold 130^th rank in development index of people which is very hard to believe. Therefore, to balance the society, government needs to work from ground level with good intention. 

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