For Whom Wealth Matters. Hello! Welcome to my blog "Wealthymatters". Wealth fascinates me.Wealth-building takes up all my waking hours.Perhaps my sleep time too! I am working towards building my first 100 crores.
There is an element of Skill, Smart Work, and of course Hard Work behind any Fortune.And Prudence definitely helps in making and hanging onto it.But there is really another big variable……call it Chance or Fate……a combination of events that might just never again be repeated.Perhaps they are unique events meant to happen to the individual,or […]
Not that there is anything like a common mythology amongst the diverse peoples of India,so its no surprise that most of us should be quite ignorant of common tales from elsewhere. As Lakshmi is a pretty popular and widely accepted in Indian homes,its enlightening to study her tales to get insights into how others might […]
Personally I dislike being compelled to deal with murky businesses, taking on unknown and unknowable risks with my finances and gambling with the lives and well-being of myself and dependents, simply because those in the government think that we can all be compelled to be more honest by dealing via banks and serve the country’s […]
Happy Diwali ! Here are some profound thoughts on commerce and wealth drawn from mythology to reflect on this Diwali. I’ll be sure to follow-up with an English synopsis ASAP.My apologies to all readers who don’t speak Hindi.
As we head towards another Diwali, here are some gold facts to keep you motivated to make regular purchases in the physical product.Repeat ;physical and no version of paper gold. 1.With every 1 per cent rise in income, gold demand climbs by 1 per cent. But when prices rise 1 per cent, gold demand falls […]
A credit score is a 3-digit number generated by credit information agencies such as CIBIL, CRIF ,Experian,Equifax etc ,based on which banks and NBFCs (Non Banking Financial Corporations, such as loan and insurance companies, co-operative banks, stock broking firms, etc.) evaluate a person’s creditworthiness ie their capacity and willingness to repay loans extended to them […]
Wondering what the 2 numbers in the title are ? The the business code for filing Income Tax Returns for AY 2018-19 for bloggers in India is 14005 – Other IT enabled services. Vs. the option available to US and Canadian bloggers: NAICS (North American Industry Classification System ) Code 519130 – Internet publishing and broadcasting and […]
In the US some 350 non-employee businesses report a revenue of $5 million or more. Some 2100 non-employee businesses have a revenue ranging between $5 million – $2.5 million 2.6 lakh non-employee businesses have receipts of $0.5 million to $1 million 5.85 lakh non-employee businesses gross receipts of $0.25 million -$0.5 billion.
Grains, edible oils, utensils, fuels,aromatics, printing, moneylending, cinema,ship chandling etc.etc, a whole hodgepodge of seemingly unrelated businesses of the PSTS, PSTP, PSTC family meant I always knew it was possible for people to be simultaneously present and successful in widely divergent businesses.I also knew that if I listened carefully enough to the insiders,I’d understand the […]