Category: News Desk
Updates on Income tax, GST, Company Law, SEBI, FEMA, FCRA
Live the life
तू जिंदगी को जी
उसे समझने की कोशिश न कर
सुन्दर सपनो के ताने बाने बुन
उसमे उलझने की कोशिश न कर
चलते वक़्त के साथ तू भी चल
उसमे सिमटने की कोशिश न कर
अपने हाथो को फैला, खुल कर साँस ले
अंदर ही अंदर घुटने की कोशिश न कर
मन में चल रहे युद्ध को विराम दे
खामख्वाह खुद से लड़ने की कोशिश न कर
कुछ बाते भगवान् पर छोड़ दे
सब कुछ खुद सुलझाने की कोशिश न कर
जो मिल गया उसी में खुश रह
जो सुकून छीन ले वो पाने की कोशिश न कर
रास्ते की सुंदरता का लुत्फ़ उठा
मंजिल पर जल्दी पहुचने की कोशिश न कर…….
Five undeniable facts of life
Five undeniable Facts
of Life :
��1.
Don’t educate
your children
to be rich.
Educate them
to be Happy.
So when
they grow up
they will know
the value of things
not the price
��2.
Best awarded words
in London …
“Eat your food
as your medicines.
Otherwise
you have to
eat medicines
as your food”
��3.
The One
who loves you
will never leave you
because
even if there are
100 reasons
to give up
he will find
one reason
to hold on
��4.
There is
a lot of difference
between
human being
and being human.
A Few understand it.
��5.
You are loved
when you are born.
You will be loved
when you die.
In between
You have to manage…!
Nice line from Ratan Tata’s Lecture-
If u want to Walk Fast,
Walk Alone..!
But
if u want to Walk Far,
Walk Together..!!
Six Best Doctors in the World-
1.Sunlight
2.Rest
3.Exercise
4.Diet
5.Self Confidence
&
6.Friends
Maintain them in all stages of Life and enjoy healthy life
If you see the moon ….. You see the beauty of God ….. If you see the Sun ….. You see the power of God ….. And …. If you see the Mirror ….. You see the best Creation of GOD …. So Believe in YOURSELF….. 🙂 🙂 :).
We all are tourists & God is our travel agent who
already fixed all our Routes Reservations & Destinations
So!
Trust him & Enjoy the “Trip” called LIFE…
Conversation between Swami Vivekanand and Ramkrishn Paramhans
रामकृष्ण परमहंस और स्वामी विवेकानंद के बीच एक दुर्लभ संवाद
स्वामी विवेकानंद : मैं समय नहीं निकाल पाता. जीवन आप-धापी से भर गया है.
रामकृष्ण परमहंस : गतिविधियां तुम्हें घेरे रखती हैं. लेकिन उत्पादकता आजाद करती है.
स्वामी विवेकानंद : आज जीवन इतना जटिल क्यों हो गया है?
रामकृष्ण परमहंस : जीवन का विश्लेषण करना बंद कर दो. यह इसे जटिल बना देता है. जीवन को सिर्फ जिओ.
स्वामी विवेकानंद : फिर हम हमेशा दुखी क्यों रहते हैं?
रामकृष्ण परमहंस : परेशान होना तुम्हारी आदत बन गयी है. इसी वजह से तुम खुश नहीं रह पाते.
स्वामी विवेकानंद : अच्छे लोग हमेशा दुःख क्यों पाते हैं?
रामकृष्ण परमहंस : हीरा रगड़े जाने पर ही चमकता है. सोने को शुद्ध होने के लिए आग में तपना पड़ता है. अच्छे लोग दुःख नहीं पाते बल्कि परीक्षाओं से गुजरते हैं. इस अनुभव से उनका जीवन बेहतर होता है, बेकार नहीं होता.
स्वामी विवेकानंद : आपका मतलब है कि ऐसा अनुभव उपयोगी होता है?
रामकृष्ण परमहंस : हां. हर लिहाज से अनुभव एक कठोर शिक्षक की तरह है. पहले वह परीक्षा लेता है और फिर सीख देता है.
स्वामी विवेकानंद : समस्याओं से घिरे रहने के कारण, हम जान ही नहीं पाते कि किधर जा रहे हैं…
रामकृष्ण परमहंस : अगर तुम अपने बाहर झांकोगे तो जान नहीं पाओगे कि कहां जा रहे हो. अपने भीतर झांको. आखें दृष्टि देती हैं. हृदय राह दिखाता है.
स्वामी विवेकानंद : क्या असफलता सही राह पर चलने से ज्यादा कष्टकारी है?
रामकृष्ण परमहंस : सफलता वह पैमाना है जो दूसरे लोग तय करते हैं. संतुष्टि का पैमाना तुम खुद तय करते हो.
स्वामी विवेकानंद : कठिन समय में कोई अपना उत्साह कैसे बनाए रख सकता है?
रामकृष्ण परमहंस : हमेशा इस बात पर ध्यान दो कि तुम अब तक कितना चल पाए, बजाय इसके कि अभी और कितना चलना बाकी है. जो कुछ पाया है, हमेशा उसे गिनो; जो हासिल न हो सका उसे नहीं.
स्वामी विवेकानंद : लोगों की कौन सी बात आपको हैरान करती है?
रामकृष्ण परमहंस : जब भी वे कष्ट में होते हैं तो पूछते हैं, “मैं ही क्यों?” जब वे खुशियों में डूबे रहते हैं तो कभी नहीं सोचते, “मैं ही क्यों?”
स्वामी विवेकानंद : मैं अपने जीवन से सर्वोत्तम कैसे हासिल कर सकता हूँ?
रामकृष्ण परमहंस : बिना किसी अफ़सोस के अपने अतीत का सामना करो. पूरे आत्मविश्वास के साथ अपने वर्तमान को संभालो. निडर होकर अपने भविष्य की तैयारी करो.
स्वामी विवेकानंद : एक आखिरी सवाल. कभी-कभी मुझे लगता है कि मेरी प्रार्थनाएं बेकार जा रही हैं.
रामकृष्ण परमहंस : कोई भी प्रार्थना बेकार नहीं जाती. अपनी आस्था बनाए रखो और डर को परे रखो. जीवन एक रहस्य है जिसे तुम्हें खोजना है. यह कोई समस्या नहीं जिसे तुम्हें सुलझाना है. मेरा विश्वास करो- अगर तुम यह जान जाओ कि जीना कैसे है तो जीवन सचमुच बेहद आश्चर्यजनक है.
जय भारत
Income Computation and Disclosure Standard w.e.f. 1st day of April, 2015
S.O. 892 (E) In exercise of the powers conferred by sub-section (2) of section 145 of the Income-tax Act, 1961 (43 of 1961) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue, published in the Gazette of India, Part II, Section 3, Sub-section (ii), vide number S.O 69(E) dated the 25th January, 1996, except as respects things done or omitted to be done before such supersession, the Central Government hereby notifies the income computation and disclosure standards as specified in the Annexure to be followed by all assessees, following the mercantile system of accounting, for the purposes of computation of income chargeable to income-tax under the head “Profit and gains of business or profession” or “ Income from other sources”.
PAN card to be issued within 48 hours of applying
(ET Special)
Revised List of Proof of Identity, Address and Date of birth for PAN application vide Notification No. 38/2015, dated April 10, 2015 .
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Proof of Identity
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Proof of Address
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Proof of date of birth
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Indian Citizens (including those located outside India)
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(i) Copy of
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(i) Copy of
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Copy of the following documents if they bear the name, date, month and year of birth of the applicant, namely:-
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a. Aadhaar Card issued by the Unique Identification Authority of India; or
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a. Aadhaar Card issued by the Unique Identification Authority of India; or
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a. Aadhaar card issued by the Unique Identification Authority of India;or
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b. Elector’s photo identity card; or
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b. Elector’s photo identity card; or
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b. Elector’s photo identity card; or
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c. Driving License; or
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c. Driving License; or
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c. Driving license; or
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d. Passport; or
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d. Passport; or
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d. Passport; or
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e. Ration card having photograph of the applicant; or
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e. Passport of the spouse; or
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e. Matriculation certificate or Mark sheet of recognized board; or
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f. Arm’s license; or
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f. Post office passbook having address of the applicant; or
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f. Birth certificate issued by the municipal authority or any office authorised to issue birth and death certificate by the Registrar of Birth and Deaths or the Indian Consulate as defined in clause (d) of sub-section (1) of section 2 of the Citizenship Act, 1955 (57 of 1955); or
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g. Photo identity card issued by the Central Government or State Government or Public Sector Undertaking; or
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g. Latest property tax assessment order; or
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g. Photo identity card issued by the Central Government or State Government or Central Public Sector Undertaking or State Public Sector Undertaking; or
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h. Pensioner card having photograph of the applicant; or
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h. Domicile certificate issued by the Government; or
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h. Domicile certificate issued by the Government; or
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i. Central Government Health Scheme Card or Ex-Servicemen Contributory Health Scheme photo card
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i. Allotment letter of accommodation issued by the Central Government or State Government of not more than three years old; or
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i. Central Government Health Service Scheme photo card or Ex-servicemen Contributory Health Scheme photo card; or
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j. Property Registration Document; or
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j. Pension payment order; or
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(ii) Certificate of identity in Original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazetted officer, as the case may be (in prescribed format) ; or
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(ii) Copy of following documents of not more than three months old
(a) Electricity Bill; or |
k. Marriage certificate issued by the Registrar of Marriages; or
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(b) Landline Telephone or Broadband connection bill; or
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(c) Water Bill; or
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(d) Consumer gas connection card or book or piped gas bill; or
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(e) Bank account statement or as per Note 2 ; or
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(f) Depository account statement; or
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(g) Credit card statement; or
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(iii) Bank certificate in Original on letter head from the branch(alongwith name and stamp of the issuing officer) containing duly attested photograph and bank account number of the applicant (in prescribed format) .
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(iii) Certificate of address signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazetted officer, as the case may be (in prescribed format) or
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l. Affidavit sworn before a magistrate stating the date of birth.
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(iv) Employer certificate in original (in prescribed format) .
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Note:
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Note:
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1. In case of Minor, any of the above mentioned documents as proof of identity and address of any of parents/guardians of such minor shall be deemed to be the proof of identity and address for the minor applicant.
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1. Proof of Address is required for residence address mentioned in item no. 7.
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2. For HUF, an affidavit made by the Karta of Hindu Undivided Family stating name, father’s name and address of all the coparceners on the date of application and copy of any of the above documents in the name of Karta of HUF is required is required as proof of identity, address and date of birth.
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2. In case of an Indian citizen residing outside India, copy of Bank Account Statement in country of residence or copy of Non-resident External (NRE) bank account statements (not more than three months old) shall be the proof of address.
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Sr. No.
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Status of applicant
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Proof of Identity & Proof of Address
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1.
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Company
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Copy of Certificate of Registration issued by the Registrar of Companies.
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2.
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Partnership Firm
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Copy of Certificate of Registration issued by the Registrar of Firms or Copy of partnership deed.
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3.
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Limited Liability Partnership
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Copy of Certificate of Registration issued by the Registrar of LLPs
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4.
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Association of Persons (Trust)
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Copy of trust deed or copy of certificate of registration number issued by Charity Commissioner.
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5
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Association of Person, Body of Individuals, Local Authority, or Artificial Juridical Person
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Copy of Agreement or copy of certificate of registration number issued by charity commissioner or registrar of cooperative society or any other competent authority or any other document originating from any Central or State Government Department establishing identity and address of such person.
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Disclose details of Foreign Travel In Income Tax Return (ITR)
- Passport Number of the Assessee
- Place of Issue of Passport
- Country visited during the year
- Number of times visited
- In case of a resident, expenses incurred from own sources, if any, in relation to such travel
| Passport Number | Issued at | |||
| Sl. | Country visited during the year | Number of times visited | In case of a resident, expenses incurred from own sources, if any, in relation to such travel | |
| (1) | (2) | (3) | (4) | |
| 1. | ||||
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Fresh MAT notices to foreign investors
Union Budget 2015: TAX PROPOSALS
Union Budget 2015: TAX PROPOSALS
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FM proposes to reduce corporate tax rate to 25% from 30% for next 4 years
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Tax relief for yoga instructions, institutions
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Yoga included within the definition of charitable purpose under Section 2(15) of Income tax Act, says FM
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Pre-cooled services for fruits and vegetables to be exempt from service tax :FM
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Govt to allocate funds for roads out of Excise Duty Collection from Petrol and Diesel
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Transport allowance exemption doubled from Rs 800, to Rs 1600
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Interest income under Sukanya Samridhi Scheme will be exempt from tax, says FM
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Additional deduction of Rs. 50,000 under Section 80CCD for contribution to New Pension Scheme
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Additional deduction for differently abled person of 25,000 under Sections 80DD and Section 80U, says FM
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Swachh Bharat Abhiyan: 100% deduction allowed for all contributions except CSR
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100% contributions to Swacch Bharat, Clean Ganga get tax ease: FM
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FM increases rate of Service tax from 12.36% to 14% (all inclusive)
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Services of Common Effluent Treatmennt Plant shall be out of the purview of Service Tax
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Rs. 30,000 deduction for expenditure on health treatment for super senior citizens: FM
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Deduction for Senior Citizen increased from Rs. 10,000 to Rs. 30,000
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Deduction for health insurance premium increased from Rs. 15,000 to Rs. 25,000: FM
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Wealth Tax abolished and replaced with 2% additional tax on super-rich with income of above Rs. 1 crore
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EC and SHEC to be subsumed in Excise Duty; Excise Duty rounded off to 12.5%
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Excise duty on leather footwear having retail price of more than 1000 is reduced to 6%
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Excise duty raised to 12.5%
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Threshold limit for Specified Domestic Transaction increased from Rs. 5 crores to Rs. 20 Crores
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FM proposes to reduce Basic Custom Duty on certain input raw material to minimize duty inversion
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PM proposes to reduce customs duty on 22 items
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Reduction in SAD on certain input raw material subject to actual user condition
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Wealth Tax abolished and replaced with 2% additional tax on super-rich with income of above Rs. 1 crore
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GAAR would apply prospectively on or after 1-4-2017
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Rental income for REITs shall have a pass through regime, says FM
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GAAR again defered for 2 years
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10% tax rates on royalty and FTS: FM
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Mere presence of Fund Manager of Offshore Funds shall not constitute of Permanent Establishment, FM says
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Quoting of PAN is mandatory for purchasing an immovable property in excess of Rs one lakh, says FM
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Provision to prohibit acceptance of amount of more than Rs 20,000 for purchase of immovable property: FM
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A new Benami transaction bill to be introduced :FM
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Undisclosed Income to be taxed at maximum marginal rate, deductions and exemptions from such income wont be allowed: FM
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Non-filing of return will be liable for prosecution of upto 7 years, says FM
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Offenders can’t approach Settlement Commission under the new law, when introduced: FM
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Govt decides to enact a comprehensive new law on black MONEY
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A new bill shall be introduced in forthcoming bill to curb black MONEY: FM
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Cracking down black MONEY is our abiding commitment, says FM
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Reduction in corporate tax rate to be accompanied by rationalization of exemptions and incentives
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Corporate Tax Rates shall be reduced to 25% for next four years to make it more compatible with the world tax rates, FM says
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GST is expected to be implemented from next year: Arun Jaitley
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Various measures have been taken in last 9 months to curb black MONEY: FM
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