Warren Buffett is among the wealthiest and most successful investors in history. Nicknamed the "Oracle of Omaha," he transformed a small textile firm, Berkshire Hathaway, into one of the world's largest and most valuable companies. Although a billionaire, Buffett remains humble, and his investing policy is one of long term as well as beneficent giving. The tale of this man who progressed from selling chewing gum as a young boy to become a world-known investor is real inspiration. Today, we'll be discovering everything about Warren Buffett—early life, schooling, business endeavors, investment ideas, and a thorough wealth chronicle following his riches development. Early Life: A Young Business Genius (1930 - 1949) Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska. His dad, Howard Buffett, was a stockbroker as well as U.S. Congressman, which means that Warren became exposed to finance from an early age. Even from an early age, Buffett possessed busi...
Taxation is one of the primary pillars of an economy, and no country can remain untouched by this. Indian taxation is mainly based on revenue generation for the government, which further uses this collected amount to build infrastructure, promote education, ensure health facilities, and enhance defense. This blog will walk through the tax arena in India and discuss the different types, slabs, and implications on the individual as well as businesses. Types of Taxes in India India has a complex taxation system, with various types of taxes levied by the central and state governments. The main types of taxes in India are: 1. Income Tax : Levied on an individual's or business's income, income tax is the primary source of revenue for the Indian government. 2. Goods and Services Tax (GST): GST is a consumption-based tax which is imposed upon the supply of goods and services. It has been implemented since 2017. 3. Value-Added Tax (VAT): Though VAT has been partly substituted by GST, ...