Melbourne roars back into business as restrictions lift
Melburnians flocked to shops, restaurants and bars as 111 days of hard lockdown finally came to an end. Stream full episodes on 9Now
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Today's top business news: Stocks recover losses, Bajaj Auto reports 11% jump in October sales, investors pull out of junk bond ETFs, and more
The benchmark stock indices opened the week on a negative note, continuing the wobbly trend seen recently as stocks struggle to breach their all-time high. Join us as we follow the top business news through the day. Read more: https://www.thehindu.com/business/businesslive-2-november-2020/article33000777.ece
You need to have books of accounts if your business income exceeds ₹2.5 lakh
As per Section 44AA, where income is classified as business income, where the income exceeds ₹2.5 lakh or the turnover or gross receipts exceeds ₹25 lakh in any of the three years immediately preceding the relevant FY, the taxpayer is required to maintain books of accounts Read more: https://www.livemint.com/money/personal-finance/you-need-to-have-books-of-accounts-if-your-existing-business-income-exceeds-2-5-lakh-11604249313011.html
How SMEs are reducing their business costs and increasing efficiency with technology
Small businesses are established with a very frugal capital base and usually have minimal working capital finance. While an SME Entrepreneur has to worry about acquiring customers and reaching them efficiently, , it is more important to save and reduce the cost structure. This is where technology comes to the rescue. To keep pace with the changing times, new-age tech players and many startups are joining the fray with solutions which are beneficial and affordable for small businesses. Read more at: https://yourstory.com/smbstory/sme-msme-business-cost-technology