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Production houses need funds to release movies. Invoice discounting lets them sell upcoming receivables from streaming services (OTT platforms) for upfront funds. It's like getting an advance on your paycheck!
Why is investing in alternate market is important?
Production houses need funds to release movies. Invoice discounting lets them sell upcoming receivables from streaming services (OTT platforms) for upfront funds. It's like getting an advance on your paycheck!
Frequently Asked Questions
TDS (Tax Deducted at Source) is deducted at 10% of the returns earned. BetterInvest provides Form 16A certificates for TDS compliance.
Yes, BetterInvest provides Form 16A certificates for TDS. These certificates serve as proof of tax deductions for investors. You can download it from your BetterInvest portfolio,
1. Go to https://www.betterinvest.club/
2. Click "Get Started" and select "I'm an Investor."
3. Log in with your registered mobile number and enter the OTP sent to you.
4. In the top right corner, click "My Portfolio" and select "Get TDS report."
5. Select the financial year you want to download.
Returns are processed pre-tax. The stated returns are subject to a 10% TDS deduction, resulting in an effective post-tax return of approximately 14.4%. For more clarity, reach out to our support team.
If you haven't received your TDS certificate, send an email to BetterInvest's support team, and they will resolve the issue promptly.