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Expand Your Medical Practice With The Help Of a Doctor Loan

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As per a recent report, India is home to around 1.67 million practising physicians, including both AYUSH and MBBS doctors. Moreover, around 40,000 individuals are added to this list almost every year.

A significant portion of these medical professionals start their own private practices or chambers to augment their livelihood. Since running a privately owned practice is a costly affair, one may opt for a doctor loan to ease some of this financial burden.

What are doctor loans?

Financial institutions extend a host of secured and unsecured financing options to qualified medical professionals across India. A loan for doctors is specifically designed to cater to the specific needs of these individuals, personally and professionally. At present, the doctor loan portfolio is divided into four distinct categories – 

  • Personal loan for doctors – Quick and hassle-free unsecured loans worth up to Rs.25 lakh are available under this option.
  • Home loan for doctors – Eligible physicians can avail up to Rs.2 crore to finance the purchase of a new residential property.
  • Loan against property for doctors – Doctors can mortgage their existing properties to avail loans of up to Rs.2 crore, with no end-use restrictions.
  • Business loan for doctors – Reasons to take business loan for doctors can range from setting up a new clinic to buying advanced medical machinery. This financing option can assist eligible applicants by providing up to Rs.25 lakh as a credit.

However, before submitting applications for one of the four loans listed above, one must ensure that he/she meets the minimum eligibility criteria set by their preferred lender. Keep in mind that the eligibility requirements for a doctor loan may also vary based on whether a borrower opts for secured or unsecured credit.

Eligibility criteria for unsecured doctor loans

Apart from a credit score of 750 or above, here are some of the specific requirements for applicants who need to secure such a credit – 

  1. Super specialist doctors holding MD/MS/DM degrees do not need to show any work experience post acquiring their degree.
  2. All MBBS degree holders must possess at least two years of relevant work experience at the time of loan application.
  3. Doctors practising homoeopathy or Ayurveda need to own a clinic or house, along with six years of work experience, in their specific fields.
  4. DHMS practitioners, on the other hand, must own a house or clinic, along with at least 15 years of post-qualification experience.
  5. Dentists require only five years of experience after their qualification to become eligible for an unsecured doctor loan.

Eligibility criteria for secured doctor loans

The requirements for secured loans more or less resemble those of unsecured credit, except for the following groups – 

  1. Super-specialist physicians need to practice for at least three years (after acquiring their degree) to be eligible for such a credit. 
  2. Similarly, MBBS doctors must also practice for three years, instead of the two years required for an unsecured doctor loan.

For all others, the eligibility criteria remain identical for both secured and unsecured options. Now that you know how to be eligible for a doctor loan, you can ready your plan of utilising this credit. 

Additionally, one must start looking for the perfect financier when opting for such professional loans. Bajaj Finserv is one such reputed lender, offering loans to eligible doctors to help them meet their financial requirements.

This NBFC also provides pre-approved offers to eligible applicants to simplify the loan application process, making it faster. These offers are available on a range of secured and unsecured credits, such as personal loans, business loans and others. You can check your pre-approved offers by submitting a few basic details.

The ability to avail funds without any end-use restrictions allows doctors to finance various personal and professional needs. From funding a child’s education to expanding one’s established clinic, the possibilities are endless when physicians opt for a doctor loan. Nevertheless, one should calculate his/her monthly liabilities from such credit before applying.

A large number of healthcare professionals across India often opt to start their own practices. Doing so can be a costly undertaking, where a doctor loan can be of immense help. Doctor loans are secured and unsecured credit options specifically catering to India’s healthcare professionals. 

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Investment

All you need to know about tax accounting and risk advisory services

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Have you ever been stuck trying to get a clear definition of the concept of tax accounting and risk advisory services?

There are a lot of definitions of these financial sectors that make it quite difficult for you to come to a clear decision on any of them.

Understanding their definitions will give you a head start to understanding the requirements of the industry.

As a growing accountant and CPA, you wouldn’t want to be thrown in disarray trying to understand what it requires from you.

We understand your need to grow and beat the competition so we are offering guides to get you enlightened on tax accounting and risk advisory services.

Here is all you need to know about tax accounting and risk advisory services

What is Tax accounting?

Tax accounting is a system of accounting that settles all tax-related issues. It is a channel of accounting that deals with tax assets, liabilities, generation, planning, and preparation of tax returns, incomes, and payments across federal, state, and local levels.

Tax accountants take the responsibility of preparing and calculating these taxes.

What are risk advisory services?

Risk advisory services is a consultation branch of financial management that helps clients understand their risk tolerance levels and ensure that they make better financial decisions. A risk advisor uses available data to provide clients with practical strategies that will help them minimize risk while aiming at maximizing profit.

Why do clients need tax accounting and risk advisory services?

There are numerous reasons why clients seek the services of tax accountants and risk advisors. However, the basic need why clients need tax accounting and risk advisory services is to get a professional hand to handle tasks that they can’t handle on their own.

Some clients might be so busy to handle some of these basic operations. So, to avoid errors and discrepancies, they must hand them over to certified and trained personnel.

Every business owner wouldn’t want to fail for making the wrong decisions.

As long as there is a need for companies to cut down losses, there will always be a need for tax accountants and risk advisors that are ready to offer their wealth of experience.

Setting up your tax accounting and risk advisory service

How you package your tax accounting and risk advisory services goes a long way to determine how your clients will stick around.

Firstly, you need to understand that these clients are coming for solutions. However, you should structure your services to fit small business owners and large business owners. Design different strategies for different business models.

Secondly, you must focus on building trust with your clients. Your clients might become skeptical about giving out the ‘numbers’ of their companies.

You can solidify the levels of trust by offering coaching sessions. Listen to their needs and provide as much information that will help them come to a positive conclusion.

When your clients see you as an unavoidable source of information, they will have no other reason but to trust you.

Here are a few tips that will help you get the best out of your tax accounting and risk advisory services.

· Provide something new after each meeting

Your clients will get bored of seeing you if you keep repeating the same thing every day. Always try to provide fresh solutions while looking at problems from a new perspective.

However, it is also important that you do not bug your client with a lot of data to get them confused on what to focus on.

The goal is to teach them easy and different means of solving their problems.

· Set realistic and strategic goals
Goals are easily forgotten if a timeframe is not attached to them.

You must help your client clearly define their financial objectives while splitting them into smaller achievable junks.

· Always reach out to your clients

Consistent communication promotes efficiency. You have succeeded in gaining the trust of your client, you can easily sustain this trust by keeping up with them.

Don’t allow your client to rely on the internet for information when you are there to guide them.

Fix meetings within intervals that are favorable to both parties and try to address any issues that may arise.

Hitting the mark as a successful tax accountant and risk advisor is a gradual process of discipline and consistency. Do not make the mistake of rushing your growth process. Market your services, pitch your ideas, and grow your client base.

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Investment

A GUIDE TO WRITING AN EASY INVESTMENT PLAN

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EASY INVESTMENT PLAN

Do you have a goal that you want to see flourish? If yes, what you need is an easy investment plan that’ll take you through the steps to achieve your goal. Putting together an investment plan is a step that you can’t afford to skip. Every step you take can affect your goal either positively or negatively.

Writing an investment plan gives you a deeper understanding of the processes involved in actualizing your goal. It also helps you acquire information and broadens your knowledge on investments and risk management.

In this post, you will learn how to write an easy investment plan that’s guaranteed to make you succeed.

  1. Intensive Research

Before jumping into the investment itself, you need to take some time to research what you want to invest in. This is a very critical process in writing your investment plan. You’ll need key information on the product, market, industry and even competition. Any information you can lay your hands on will be beneficial to you. This will help you understand what you’re delving into rather than investing blindly.

  1. Vision

Why invest if you don’t have a reason? A clear goal and vision is necessary before you can proceed with writing your investment plan. Without defining your vision, your plan is bound to become undefined with erroneous loop holes that reduce your chances of success. But with a clearly defined vision, inaccuracies can be reduced significantly while maintaining a steady focus that’s tailored towards your goal.

  1. Determine the Risk

Make proper research on the risks that come with each investment you have researched. You should also determine how much you’re willing to risk irrelevant of the investment itself.  After doing this, weigh the risks of each investment against one another and then compare it with the risk you’re willing to take. This will help you eliminate investments that are above your risk level.

  1. Self-assessment

It’s important you know how much you can invest. Keep in mind that you’ll have other expenses that you will need to satisfy. Investing above your range can leave you in a hard place for a long time before you’re able to attain your investment and ROI. Investing below your range can also affect your goal negatively. For example, assume you’ve invested too little and your goal is to purchase a new car after two years. When the time frame is over, you might not be able to meet your goal due to the amount invested. Never leave any stone unturned when it comes to self-assessment.

  1. Set a timeframe

How long are you willing to wait for your goal? You should categorize it under short term or long term. The timeframe you set can alter the amount you invest and vice versa. For example, if purchasing a car is a short term goal then you’ll need to invest more to get more. But if you only have a certain amount you can invest comfortably, you might have to categorize your goal (purchasing a car) as a long term goal.

  1. Liquidity

It’s no news that anything can happen during the time frame of investments. Owing to this, you need to determine the level of liquidity you want. This means assets that can be converted to cash quickly and easily. Investing in liquid assets is safer because that way if there’s an emergency you can liquidate your assets and get cash in return in just a matter of days. Whereas assets like real estate can take weeks to months.

  1. Diversification

Have you ever heard the saying, “don’t put all your eggs in one basket?” This is very true when it comes to investing. In your investment plan, you should itemize how you choose to diversify. Write all your ideas, along with the benefits and disadvantages. Weigh your choices smartly and then make a decision.

  1. Financial Consultancy

After writing your plan, you’ll find that you’ve gained more knowledge. Now, you can consult a financial expert who will go through your plan with you. The benefit of writing your plan yourself is to prevent you from being easily swayed by the choices and beliefs of your financial consultant. You get to have conversations with prior understanding rather than nodding and saying yes to everything your consultant says.

These tips are guaranteed to help you write an easy investment plan, tie up loose ends and avoid errors that could be detrimental to your goal.

 

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How To Hire An Emergency Plumber In Ormeau

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How To Hire An Emergency Plumber In Ormeau

Emergency Plumber in Ormeau is exactly what it says on the tin – an emergency plumber. Yes, the emergency plumber really is the person for the job who can take care of all things no matter when it’s happening. As the title suggests the emergency plumber really is like a superhero for some of us, maybe even a blessing in disguise that will come to your home and fix your leaking plumbing at the middle of the night. Let me put it this way. If you have the feeling that you are at risk, perhaps from a leaking pipe, then go get the emergency plumber right away. It could save you lots of trouble.

In a society where we’re constantly told to be on the lookout for leaks and other plumbing issues, we can’t help but think that the emergency plumber should be called out just for that. There is something, however, that you need to take into account before calling the plumbers’ union or health board. What kind of pipes is your home built with? The most popular pipes for houses and apartments are the ones made of PVC (polyvinyl chloride), because it is resistant to corrosion, water seepage and the growth of mildew and mould. These pipes also resist high pressure since they are not able to break because of its extreme strength.

PEX plumbing is also resistant to the corrosion of iron, nickel and brass. But then again, so is everything else in our lives. So, if you are wondering whether your water system is made with PEX, then take the time to compare the certification of the plumbing contractor that you are going to hire with the ones listed in the American Plumbing Manufacturers Association’s (APMA) or the APMA/PNMA’s plumbing directory. You can find a list of plumbers at the APMA’s website, as well as a list of contractors registered with the APMA.

Aside from using PEX tubing, you will also have to choose from different plumbing services in Ormeau. If you are looking for an emergency plumbing services company in Ormeau, then you might want to call Dilleride. Dilleride is a local plumbing services company that has been serving customers in Ormeau, New Zealand since 1998. It offers a wide variety of plumbing services including hot water systems, faucet installation, kitchen sink installation, sewer installation, gas hot water systems, and a plumber’s ladder.

In addition, Dilleride also offers various types of plumbing repairs and maintenance, including the use of copper piping, iron pipes and brass tubing. So, if you are thinking of hiring a plumber in Ormeau, you don’t have to worry about finding one. Aside from Dilleride, there are also many other local plumbers in Ormeau that can help you with your plumbing problems. However, when you hire an emergency plumbing service in Ormeau, you need to be very careful. Make sure that the company you are contacting are licensed, bonded, insured, and certified by the APMA or the N metre.

Before choosing a particular plumber in Ormeau, it would be a good idea to look into different companies and compare their rates, packages, and customer service. You can even ask some of your friends or colleagues who have used the services of different plumbers to give you an idea about the company. Even if you are looking for a cheap service, however, it is still important to choose one that is able to fix your problem in a timely manner. 

Here are some tips on how you can get a plumber in Ormeau with the least amount of effort and expense:

– ask around: 

since most people would rather deal with local plumbers, asking around your acquaintances, friends, and colleagues about local plumbers is one way of getting information on the service providers you should hire. Some may even be willing to offer you a service package, especially if you are looking for a cheap price on the repairs. If they are interested in helping you out, they would even be glad to offer you an interest free payment.

– hire a local company: 

even if you have to spend some time looking for a good service provider, you will be glad to know that most of the plumbing contractors in Ormeau offer a service that is licensed and insured by the APMA or the National Plumbing Manufacturers Association. Although some plumbers might advertise themselves as being ‘nationalized’ or as having the ability to repair all kinds of problems, most of them actually do not have the ability to do so. On the other hand, you will also find some unscrupulous ones who might claim to be able to provide you with emergency plumbing services, but they actually do not have any experience whatsoever in this aspect. It will definitely be a good idea to hire a reputable and experienced plumber to handle all your needs, especially if there is a plumbing emergency at hand.

 

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Why You Cannot Do Without A Mask In 2021?

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The second strain of Coronavirus is spreading widely across the world like it’s nobody’s business. Hence, it has become more crucial than ever to wear masks every time an individual is planning to step out or interact with people

Conscious usage of masks

If you are a healthcare professional wearing a mask is imperative for you. But if you are not a healthcare professional, you should wear a mask whenever you are outside your home and indoors if you have an individual who does not live in the same household. 

A single-use mask is made of plastic and is not designed to be washed and reused. You can buy masks online or at various retail and medical stores, but all single-use masks are not the same as a medical mask since single-use masks are only to be used once. They are disposed of easily and often by the general public. On the other hand, medical masks are also for single use, but they are disposed of properly by the hospital authorities and hence do not pose any threat to nature.  In contrast to that, single-use masks are found lying on roadsides, parks, and water bodies, posing a significant amount of traffic to the environment and human life. It is because these masks lie in the open and can lead to a greater transformation of respiratory droplets through the air. Hence, it is advisable to the general public to use cotton made double lead reusable masks. These masks also provide the same amount of protection from respiratory droplets. 

Coronavirus is increasing again at a rapid rate, and hence everyone must wear a mask every time they are out of their houses. Using single-use masks will increase plastic usage to an enormous level, causing another massive threat to the environment since they are neither washable masks nor are they reusable.  Therefore, as responsible citizens, we should be aware and replace reusable masks with single-use masks.

Facts that you need to know to avoid contracting Coronavirus

  • While wearing a mask, you protect yourself before protecting others.
  • Wearing a mask does not give you the reason not to maintain social distancing. You should always keep at least 6 feet distance and wear masks, especially indoors, when you are around people who do not live in the household.
  • Masks should completely cover your mouth and nose and fit against the side of your faces without any gap.
  • Masks should be always worn whenever you are travelling. Be it walking or travelling on public transport. Individuals above two years should wear a mask when in public places.

Effectiveness of masks

The Coronavirus is said to spread among people primarily through respiratory droplets. Respiratory droplets can travel through the air whenever you talk, shout, sing, cough, or sneeze. These respiratory droplets then land in the mouth or nose of people around you, and they may with those droplets in. Wearing a mask is the simplest way to stop your respiratory droplets from reaching others. You should wear masks even when you do not feel sick because studies have shown that people who do not have symptoms of Coronavirus can also spread the Coronavirus to other people. 

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Investment

A Perfect Location For Investment

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Bhutani real estate

Bhutani is a leading real estate market in Madhya Pradesh located in the state of Maharashtra. This city is also known as the City of Lakes. This city is popularly known for its exotic lakes and national parks. There are many projects and plots which are made available for sale by local residents and foreigners. These properties are located in different parts of the city such as Bhutani mandir, Bhutani Bagh, Bhutani Nagar etc.

There are many real estate developers who are responsible for providing luxurious properties to the buyers. Real estate investment in this city has witnessed a dramatic rise in the last few years due to increased demand for property from both domestic and foreign investors. The prices of these plots have fallen dramatically with the entry of more investors. The rates offered by these developers are quite reasonable compared to the rates offered by developers in Mumbai. Most of these properties have been developed with the assistance of state level institutions.

These developments are meant to meet the requirements of the people who want to build their own houses but cannot afford to pay a heavy price for them. The plots are spacious and well maintained. It has all the basic facilities required for a home like electricity, plumbing etc. The prices are very competitive and one can get the desired property at a reasonable price. Most of the plots are located at good locations within a few minutes commute from the main city centers. Many of the investors who buy these properties invest to earn a comfortable living.

It is a perfect location close to the airport and other important centers like Pune, Kanheri, Nagarhole and Mumbai. These properties can be rented out to tourists and visitors. There are many bungalows and bungalow houses that have been renovated and refurnished to serve the tourists’ needs. These properties usually have large swimming pools and beautiful gardens.

Bhutani real estate has a wide range of housing options including five stars, deluxe, single and small houses with a lot of acreage. The developers offer luxurious residences with huge bathrooms and separate bedrooms. They also have spacious lounge areas and swimming pools. The price range for these properties is very competitive. The developers work hard to keep the price low and increase the value only when the demand for luxury properties increases.

Bhutani real estate agents and builders provide a lot of information about the properties and the available plans. They can guide you through the entire process. You can also get help from the real estate professionals who specialize in this business. If you are interested in buying any of these properties, then make sure to do enough research.

A Bhutani real estate development offers the luxurious lifestyle of living in a sprawling estate. The developers also provide state of the art security systems, private golf courses, clubhouses and clubhouse. These projects provide separate men and women’s wing for men and women. The development also has separate shopping malls, medical complexes and a separate business and shopping island.

The Bhutani real estate market offers some of the most luxurious and high end homes. There are many people who are looking forward to investing in this real estate property. The prices of these properties are also very affordable and many people can afford them. It is one of the best ways to get a safe and secure place to live.

Bhutani mansions come with many facilities like well-equipped swimming pools, heated pools, and a lot more. These homes also have separate garages for storing your vehicles. Other homes are also fully furnished. You can select from a wide variety of homes with different sizes and types. They also come with all the modern amenities like electricity, plumbing, gas and other utilities.

The developers have done an excellent job in planning and executing the construction process. This has made real estate investing a lucrative option for anyone. The Bhutani real estate market is the perfect one to invest your money. The only thing you need to do is look around and search for the right developer who can give you the best offer.

The Bhutani real estate properties are located in the posh and rich neighborhoods of the capital city. They are located close to the railway station and major commercial centers. If you want to purchase a Bhutani home, then you can contact the developers to get their addresses or contact their agents directly. You can also get in touch with the local brokers who specialize in dealing with the Bhutani real estate market.

 

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