If the bankers and business entities do not charge additional charges people would automatically shift. In fact, the Bankers have to offer certain discounts on card transactions because they need not invest on maintenance of cash, printing, holding, transportation etc. more
I am happy that GoI has finally yielded to the public demand of corrections in GST. I hope the NaMo does not work on jumlaas which the citizens of India have firmly taken to be a lie of the political leadership akin to the Misleading Advertisements of the business community as a part of unfair business practices. I am quite sure, if any political party in fray at the time of next general elections or assembly elections involves in jumlaas of any hue will be ousted outright. The move in question will improve a shade better the reputation of the BJP govt. more
Interesting to Introspect Wellness for every individual of the Nation GST for Purchase of Property 01. Tax has been kept at 12 % against previous scheme of 4.5% New Flats Negotiation is a case where it is Property Price Increase or not. Under construction buildings where the payment started @ 4.5 % are being penalized extra 7.5 %. FIRST TIME buyers do not know How to ensure corrective action. Introduce a procedure to correctly enforce the scheme to return the benefits to the Flat Buyers 02. There are many cases where a person will need to sell House to buy a cheaper or expensive House 12 % is an expensive measure to punish a person either in trouble or improving status One Adjustment is Desirable to the individual Bridge Loan should be made essential and equivalent to Home Loan for the Individual buyers This will have a beneficial effect on the society to buy a Flat to suit ones Pocket initially and change as the Income Increases. Society will be financially stronger to evolve Would appreciate views to Put up the scheme for the Government Machinery to evaluate Introduce more
IT Index collapsed by 4% yesterday as it continues to struggle From 2 years ago: - Salary Hikes: 15% down to 5% - Revenue Growth: 19% down to 3% - Hiring: Down 60% - ...
New criminal laws come into effect from today. Here is one new law to be concerned about: ‘individuals who engage in sexual relations by deceit, such as false promises of employment or marria...
Layoffs going on in full swing in IT sector! Daily 1-2 news coming in closed circles... crazy consolidation. Worser than 2000, 2002, 2008-2009 and 2015.
Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...
Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...
Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...
Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
By Hasmukh Sangani
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