Insta Finance

Up till now tax evasion was quite easy in China since high income bracket taxpayers could easily divide their income into different categories and hence evade taxes. The loophole existed in the present system where income tax could be paid under eleven.

In order to dissipate the heat out of the investment boom in China the country has decided to raise the amount of money which the banks are required to hold in reserves. This decision has been taken for the fourth time in this year in order to avoid...

Credit cards are now becoming a part and parcel of human beings life. With the slogan 'Enjoy today's happiness using tomorrow's money' it is causing an increased dependency of the youth of today on them. Some feel that people are becoming slaves to...

It seems China has heard what the experts said. A few days back I had told you that China was nearing a real estate bubble burst and might face the same situation which Japan faced in the 80s. Now China is making efforts to control the property prices..

Housing prices in China was seeing an upsurge and the prices of properties were rising at a rate of ten percent or even more in big cities. This aspect caught the attention of wealthy Chinese who brought apartments due to low interest rates and very few..