September 2024

“Success is not final; failure is not fatal: It is the courage to continue that counts.” – Budweiser Advertising Copywriter “Opportunities don’t happen. You create them.” – Chris Grosser “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson “The way to get started is to quit talking and begin doing.” – Walt Disney “I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau “Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller “Success is the sum of small efforts, repeated day-in and day-out.” – Robert Collier “The secret of change is to focus all of your energy not on fighting the old but on building the new.” – Socrates “If you really look closely, most overnight successes took a long time.” – Steve Jobs “Success is not in what you have, but who you are.” – Bo Bennett “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt “The biggest risk is not taking any risk. In a world that’s changing quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg “The road to success and the road to failure are almost exactly the same.” – Colin R. Davis “To be successful, you must accept all challenges that come your way. You can’t just accept the ones you like.” – Mike Gafka “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” – Albert Schweitzer “The only place where success comes before work is in the dictionary.” – Vidal Sassoon “The best way to predict the future is to create it.” – Peter Drucker “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.” – Steve Jobs “Start where you are. Use what you have. Do what you can.” – Arthur Ashe “Don’t be distracted by criticism. Remember, the only taste of success some people have is when they take a bite out of you.” – Zig Ziglar “The difference between who you are and who you want to be is what you do.” – Unknown “Success is walking from failure to failure with no loss of enthusiasm.” – Winston Churchill “The ones who are crazy enough to think they can change the world, are the ones who do.” – Steve Jobs “You miss 100% of the shots you don’t take.” – Wayne Gretzky “The purpose of our lives is to add value to the people of this generation and those that follow.” – Buckminster Fuller “Success is liking yourself, liking what you do, and liking how you do it.” – Maya Angelou “In the middle of every difficulty lies opportunity.” – Albert Einstein “The biggest challenge after success is shutting up about it.” – Criss Jami “Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit.” – Conrad Hilton “There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” – Seth Godin “Risk more than others think is safe. Dream more than others think is practical.” – Howard Schultz “You don’t need to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.” – Michael Dell “Business opportunities are like buses, there’s always another one coming.” – Richard Branson “Success is not just about making money. It’s about making a difference.” – Kathy Calvin “Innovation distinguishes between a leader and a follower.” – Steve Jobs “The secret of business is to know something that nobody else knows.” – Aristotle Onassis “Your most unhappy customers are your greatest source of learning.” – Bill Gates “Don’t let the fear of losing be greater than the excitement of winning.” – Robert Kiyosaki “To succeed in business, to reach the top, an individual must know all it is possible to know about that business.” – J. Paul Getty “The golden rule for every businessman is this: Put yourself in your customer’s place.” – Orison Swett Marden “Do not wait to strike till the iron is hot; but make it hot by striking.” – William Butler Yeats “The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself.” – Mark Caine “To be successful, you have to have your heart in your business, and your business in your heart.” – Thomas Watson, Sr. “It’s not about ideas. It’s about making ideas happen.” – Scott Belsky “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell “Time, energy, and talent can be more important than budget.” – Steve Jobs “The best way to do it, is to do it.” – Amelia Earhart “Do not be embarrassed by your failures, learn from them and start again.” – Richard Branson “Success is not how high you have climbed, but how you make a positive difference to the world.” – Roy T. Bennett

The full form of E-way bill means electronic way bill. E-way bill will be applicable to the movements of goods in both inter and intra State Transportation. To put it simply like the name suggests it is an electronic document generated from the e-way bill portal ewaybillgst.gov.in evidencing movement of goods. It is basically a compliance mechanism under GST wherein by way of a digital interface the person causing the movement of goods (consignor/seller) uploads the relevant information prior to the commencement of movement of goods and generates e way bill on the GST portal. It contains the following details- Name of consignor Consignee The point of origin of the consignment Destination details and Route What is an eWay Bill? Under GST, an Electronic Way bill is required for movement of goods. A registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is generated on ewaybillgst.gov.in. Alternatively, Eway bill can also be generated or cancelled through SMS, Android App and by site-to-site integration through API entering the correct GSTIN of parties. Validate the GSTIN with the help of the GST search tool before using it. When an eway bill is generated, a unique Eway Bill Number (EBN) is allocated and is available to the supplier, recipient, and the transporter. What are the components of an e-way bill? Details of GSTIN of recipient,  Place of delivery (PIN Code),  Invoice or challan number and date,  Value of goods,  HSN code,  Transport document number (Goods Receipt Number or Railway Receipt Number or Airway Bill Number or Bill of Lading Number) and  Reasons for transportation  While as far as Part B is concerned, it comprises of the transporter details (for eg: Vehicle number) When Should eWay Bill be issued? eWay bill will be generated when there is a movement of goods in a vehicle/ conveyance of value more than Rs. 50,000 (either each Invoice or in aggregate of all invoices in a vehicle/conveyance)  – In relation to a ‘supply’ For reasons other than a ‘supply’ ( say a return) Due to inward ‘supply’ from an unregistered person For this purpose, a supply may be either of the following: A supply made for a consideration (payment) in the course of business A supply made for a consideration (payment) which may not be in the course of business A supply without consideration (without payment) In simpler terms, the term ‘supply’ usually means a: Sale – sale of goods and payment made Transfer – branch transfers for instance Barter/Exchange – where the payment is by goods instead of in money Therefore, eWay Bills must be generated on the common portal for all these types of movements. For certain specified Goods, the eway bill needs to be generated mandatorily even if the value of the consignment of Goods is less than Rs. 50,000: Inter-State movement of Goods by the Principal to the Job-worker by Principal/ registered Job-worker Inter-State Transport of Handicraft goods by a dealer exempted from GST registration What are the benefits of e way bill ? Facilitate faster movement of goods. Improve the turnaround time of trucks since the checkpost have been abolished.Thus, will benefit the logistics industry by reducing the travel time and cost as well as increasing the distance travelled. User friendly e way bill generating system. This means, there is no need to visit e way bill department for generation of e way bill as this was the major hardship in existing system. The e-way bill can be directly generated online. The entire system is online, thus avoiding tax evasion. Who should Generate an eWay Bill? Registered Person – Eway bill must be generated when there is a movement of goods of more than Rs 50,000 in value to or from a registered person. A registered person or the transporter may choose to generate and carry eway bill even if the value of goods is less than Rs 50,000. Unregistered Persons – Unregistered persons are also required to generate e-Way Bill. However, where a supply is made by an unregistered person to a registered person, the receiver will have to ensure all the compliances are met as if they were the supplier.  Transporter – Transporters carrying goods by road, air, rail, etc. also need to generate e-Way Bill if the supplier has not generated an e-Way Bill but are not required to generate the Eway bill (as Form EWB-01 or EWB-02) where all the consignments in the conveyance : Individually (single Document**) is less than or equal to Rs 50,000 BUT In Aggregate (all documents** put together) exceeds Rs 50,000 **Document means Tax Invoice/Delivery challan/Bill of supply Unregistered Transporters will be issued Transporter ID on enrolling on the e-way bill portal after which Eway bills can be generated. Who When Part Form Every Registered person under GST Before movement of goods Fill Part A Form GST EWB-01 Registered person is consignor or consignee (mode of transport may be owned or hired) OR is recipient of goods Before movement of goods Fill Part B Form GST EWB-01 Registered person is consignor or consignee  and goods are handed over to transporter of goods Before movement of goods Fill Part B  The registered person shall furnish the information relating to the transporter in Part B of FORM GST EWB-01 Transporter of goods Before movement of goods    Generate e-way bill on basis of information shared by the registered person in Part A of FORM GST EWB-01 An unregistered person under GST and recipient is registered Compliance to be done by Recipient as if he is the Supplier.    1. If the goods are transported for a distance of fifty kilometers or less, within the same State/Union territory from the place of business of the consignor to the place of business of the transporter for further transportation, the supplier or the transporter may not furnish the details of conveyance in Part B of FORM GST EWB-01. 2. If supply is made by air, ship or railways, then the information in Part A of FORM GST EWB-01 has to be filled in by the consignor or the recipient Under which section

The increasing presence of women as entrepreneurs has led to significant business and economic growth in the country. Women-owned business enterprises are playing a prominent role in society by generating employment opportunities in the country, bringing in demographic shifts and inspiring the next generation of women founders. With a vision to promote the sustainable development of women entrepreneurs for balanced growth in the country, Startup India is committed towards strengthening women entrepreneurship in India through initiatives, schemes, creation of enabling networks and communities and activating partnerships among diverse stakeholders in the startup ecosystem. Women Entrepreneurs in India India has witnessed a remarkable growth in the number of women entrepreneurs in the last few decades. Women today are striding into almost every industry and sector with the help of their entrepreneurial abilities. So, we have presented some of the key business ideas for women, for them to choose and grow as entrepreneurs, depending on their experience, knowledge, skills, and passion.India has one of the largest women demographics in the world with over 360 million in the age group of 15-64. However, it is estimated that only around 3 million women in India fully or partially own businesses. Further, a majority of the businesses owned by women entrepreneurs are small businesses with annual revenue of fewer than Rs.10 lakhs. China, on the other hand, has more women entrepreneurs than the entire women population of the United States of America at 300 million women entrepreneurs. Therefore, to make the Indian dream of evolving as one of the largest economies in the world, it is important to unleash the power of Indian women and help them start new businesses. In this article, we look at some of the popular business ideas for women entrepreneurs in India. Business Ideas for Women Entrepreneurs in India 1. Healthcare/Fitness Professionals A healthy lifestyle and exercise are being readily adopted by people all over the world. People are practicing a variety of activities like dance, aerobics, and yoga as daily exercise. Women can become professional trainers and can own and manage fitness centers. Some of the popular and effective business ideas in the Healthcare industry are: Yoga and meditation centers: Women can get trained in yoga exercises and have their professional practices as yoga trainers and meditation gurus Zumba instructors: Zumba is a famous dance form people are opting for as a regular exercise form. Women can start Zumba classes for people living in their locality 2. F&B Business Eating out is the most famous leisure time activity among the youth and even families. Cafes and restaurants are booming these days. Some great business opportunities in the food and beverage industry are: Cafes: Cafes are a huge hit among college students these days. They are the hot gathering place for youngsters these days Restaurants: If you have the right funding and a great management team, restaurants are great businesses these days Home-based catering business: Women who love cooking can start their own small catering business and take party orders for birthdays, anniversaries, kitty parties, etc. 3. Beauty Care Centres Beauty care is an industry that women can empower. Women like indulging in beauty care and can make great entrepreneurs at it themselves. It is a great business opportunity since women know what the consumer wants and can deliver the best. Following are some of the best beauty care businesswomen can own: Spa and Salon: Women can have their salons and spa centers. Hair and makeup are something women are experts at. One of the great business opportunities for young women entrepreneurs Nail art studios: Nail art has become hype among ladies but not everyone is an expert at it. If you are, why not make it a business? Bridal makeup studios: Bridal makeup has evolved in recent years. Women can keep in touch with recent trends and be the best in the field 4. Freelance Writers If you’re good with your language and have a love for writing, freelance content writing is best suited for you. Technical Writing: Most IT companies these days are looking for writers to write various types of content. If you’re good with your language and can write good content, you can freelance as a writer Creative Writing: Advertising agencies and several other institutions look for writers who can come up with creative ideas for advertisers, jingles, and much more. You can get in touch with these agencies with your ideas and work with them as a freelancer Blogging: You can create your blog and talk about the issue that matters to you. You can put your opinion out there and work on making your blog a success 5. IT & Software Professionals In this world of technical turnover, there is software for everything. Starting your software development venture is a great small business idea where you can get clients and work on their projects independently. Web Development: Companies developing websites for various other businesses or events can be a huge hit App Development: Mobile applications are very useful for all our daily needs. All companies are developing mobile applications to make themselves accessible to the public. Establishing an app development firm is a great business idea in today’s times 6. Web/Graphics Designing Designing is another creative field women can ace. Since we have so many websites floating on Internet every minute how they look is very important. Graphic design changes the look of any website and makes it more attractive. 7. Bookkeeping & Accountancy Services It has always been observed how good women are with finances. From housewives to CFAs finance and accounts is something women are specialized professionals. Accountancy firms can be an amazing small business idea for women in today’s times. 8.  Businesses related to Women’s Personal Care Menstrual hygiene is a very important factor in a woman’s life and appropriate products have to be available in the market at reasonable prices. Women can be amazing entrepreneurs in the menstrual hygiene industry: Natural Sanitary Napkins: Women can start initiatives where natural cotton sanitary napkins are made. These

EPIC stands for Electors Photo Identification Card and the EPIC number is the voter ID card number. Issued by the Election Commission of India, the voter ID card serves as identification proof for Indian citizens over the age of 18. The voter ID card also allows Indians to cast their vote in municipal, state, and national elections. What is an EPIC Number on a Voter ID Card? The Election Commission of India provides every registered voter in India with a unique identification number. You can find this number on your voter card. This unique number is a Voter ID or EPIC number. The EPIC number in voter ID is a 10-digit alpha-numeric code.  You will find the EPIC number or Voter ID card number on the front side of your voter card. An EPIC number in a voter ID card saves your voter ID details online. You can visit the Election Commission’s online portal to download your voter ID details with an EPIC number.  What Does an EPIC Number Mean in a Voter ID Card? An EPIC number proves that you are a registered voter in India. Your EPIC must be present on the electoral list or voter list to cast your vote during the elections.  The EPIC number signifies that your voter identification information is digitally stored in a colored photo identity format. You can conveniently access this information through your DigiLocker account or download it as a PDF from the National Voters’ Service Portal (NVSP) How to Find your EPIC Number? Visit the National Voters’ Service Portal’s official website.  Enter the required details, such as your name, birthdate, father’s or husband’s name, gender, and state.  Click the ‘Search‘ button after accurately entering the captcha code.  Your EPIC number will appear at the bottom of the screen if the supplied data matches the records.  How to Download Voter ID using EPIC Number? Start by going to the website of the Election Commission of India.  Find the “Download e-EPIC” option on the homepage and click it.  Enter the one-time password (OTP) that was provided to your registered cellphone number along with your e-EPIC number or Form 16 number.  Click the ‘Download EPIC Online‘ option to complete the process.  People can take the following actions to download their digital electoral card from the National Voters Service Portal and verify their voter ID EPIC number:   To get started, sign up or log in to the NVSP website.  Enter either the EPIC Number or the Form Reference Number.  Enter the OTP received to the registered mobile number, then select the “download e-EPIC” option to finish the process.  For the purpose of verifying their EPIC number on their voter ID, individuals can download this document.  FAQs How do EPIC numbers work? A component of the elector’s photo identification card is the EPIC number How do I acquire an e-EPIC? You can obtain an e-EPIC by clicking on the link included in the SMS that the ECI issued to your registered mobile number, downloading it from the Voter Helpline or NVSP portal, or by calling the Voter Helpline. 

Every Airtel Payments Bank branch in India has a unique Airtel Payments Bank IFSC Code. Airtel Payments Bank IFSC Code enables Airtel Payments Bank account holders to send and receive money electronically. Airtel Payments Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly. Benefits of IFSC Code Unique Identification: IFSC code helps in unique identification of all banks and their respective branches. Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another. Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy. IFSC code AIRP000000 Bank: AIRTEL PAYMENTS BANK IFSC: AIRP0000001 MICR Code: NA Branch Code: 000001 (Last Six Characters of IFSC Code) Branch: Airtel Payments Branch City: Gurgoan District: Gurgoan State: Haryana Address: Airtel Center, Plat No-16, Udyog Vihar, Phase-4, Gurgoan Phone No: +911244222222 Format of Airtel Payments Bank IFSC Code AIRP0000001 The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code. The first four letters of the code, i.e., AIRP, denotes the name of the bank which is Airtel Payments Bank. The fifth character is 0. The last six digits of the code, i.e., 000001, represents the branch which is Airtel Payments Bank FAQs What is MICR Code for Airtel Payments Bank, Airtel payments branch, Gurgoan, Haryana MICR Code for Airtel Payments Bank, Airtel payments branch, Gurgoan, Haryana is not available What is the IFSC code for Airtel Payments Bank, Airtel payments branch, Gurgoan, Haryana? IFSC Code For Airtel Payments Bank, Airtel payments branch, Gurgoan, Haryana is AIRP0000001

Money market instruments refer to short-term financing securities such as Treasury bills, certificates of deposit, commercial paper etc. that provide more financial liquidity to investors. The primary feature of money market instruments is their high liquidity, allowing investors to easily convert them into cash to meet immediate needs. These instruments are typically traded over the counter, requiring transactions to be conducted through certified brokers or money market mutual funds, rather than by individual investors. What are Money Market Instruments? The main characteristic of money market instruments is that they can be easily converted to cash, thereby preserving an investor’s cash requirements.  The money market and its instruments are usually traded over the counter and, therefore, cannot be done by standalone individual investors themselves. It has to be done through certified brokers or a money market mutual fund.  Objectives of Money Market Supplying short-term funds at a fair price to borrowers, including governments and individual investors. Due to the short duration of the assets in the money market, lenders or financial institutions will also benefit from liquidity. It also enables lenders to invest their idle money profitably, benefiting both the borrower and the lender. RBI governs the money market. Consequently, this aids in controlling the amount of liquidity in the economy. Considering that the majority of businesses lack the working capital they need. These kinds of firms can get the money they provide to meet their working capital requirements, thanks to the money market. It is a significant funding source for domestic and foreign trade for the government sector. This thus offers the banks a chance to store their excess cash. What are the Types of Money Market Instruments? The list of money market instruments traded in the money market are- Certificate of Deposit  Lending substantial financial resources to an organization can be done against a certificate of deposit. The operating procedure is similar to that of a fixed deposit, except the higher negotiating capacity, as well as lower liquidity of the former.  Commercial Paper This type of money market instrument serves as a promissory note generated by a company to raise short term funds. It is unsecured, and thereby can only be used by large-cap companies with renowned market reputation. The maturity period of these debt instruments lies anywhere between 7 days to one year, and thus, attracts a lower interest rate than equivalent securities sold in the capital market. Treasury Bills These are only issued by the central government of a country when it requires funds to meet its short-term obligations.  These securities do not generate interest but allow an investor to make capital gains as it is sold at a discounted rate while the entire face value is paid at the time of maturity. Since treasury bills are backed by the government, the default risk is negligible, thus serving as an optimal investment tool for risk-averse investors. Repurchase Agreements Commonly known as Repo, it is a short-term borrowing tool where the issuer availing the funds guarantees to repay (repurchase) it in the future. Repurchase agreements generally involve the trading of government securities. They are subject to market interest rates and are backed by the government.  Banker’s Acceptance One of the most common money market instruments traded in the financial sector, a banker’s acceptance signifies a loan extended to the stipulated bank, with a signed guarantee of repayment in the future. Since money market instruments are traded wholesale over the counter, it cannot be purchased in standard units by an individual investor.  However, you can choose to invest in money market instruments through a money market mutual fund. These are interest-earning open-ended funds and bear significantly low risks due to their short maturity period and the collateral guarantee of the central government in most cases.  Money market investments should ideally be undertaken when the stock market poses a great degree of volatility. During this time, investing in equity and debt instruments in the capital market has high risk associated with it, as the chances of underperforming are immense.  The government generally tries to enhance the money circulation in the country to minimize market fluctuations. Thus, government-backed instruments offer higher returns in these circumstances to boost the demand for the same. Features Of Money Market Instruments High liquidity Highly liquid short-term securities are available on the money market. They are cash equivalents because of their great liquidity, which allows them to be exchanged for cash at any moment. These securities are offered by a number of well-known dealers and financial organisations in order to raise money or accept loans. Secure investment Although there will always be some danger, because money market investments have short tenure, that risk is much minimised. Additionally, reputable businesses and firms only issue short-term securities and bonds. Because of this, there is less chance of default than with instruments with longer tenure. Fixed returns In India, money market instruments can be purchased for less than their face value. As a result, the return on bonds and securities is predetermined. Investing in the money market gives you peace of mind because it offers stable returns if kept until maturity. Pros and Cons of Money Market Instruments Pros- Money market instruments are more liquid than other fixed-income securities. Investors can sell their interests at any moment because there is no lock-in period. The rate of return on a money market instrument is slightly higher than the rate of return on a savings account. Cons- Without a doubt, the interest rate is larger than that of savings bank accounts. However, the interest rate does not account for the economy’s rising inflation. While other investment tools, such as mutual funds, provide a better return on investment over time. As a result, if the goal of the investment is to achieve capital appreciation while outperforming inflation, money market instruments are not a suitable alternative. FAQs How do capital market instruments differ from money market instruments? Money markets are utilized for short lending or borrowing; the assets are typically held for a year or less, whereas capital markets