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2014

Participatory Notes

  • Foreign Investments in India can broadly be classified into two categories :
    • Foreign Direct Investment (FDI) and
    • investment made by Foreign Institutional Investors (FIIS).
  • However, there are number of restrictions in place which makes it difficult for foreign money to enter Indian markets and hence many investors prefer P-Note route to park their money in India.

2014
  • There will always be fellow entrepreneurs with more funding, better connections or years of experience. One thing, however, that puts us all on a level playing field: the number of hours in a day. Figuring out how to effectively spend the 24 hours in each day is one of the most challenging parts of being a business owner.
  • When I first started out, I thought the main perk of working on my own as a publicist would be being able to do things, according to my own schedule. I didn’t have a daily routine. My schedule would just depend on my mood.
  • After about a year of functioning in this way, I realized that I needed to work during more normal business hours if I really wanted to grow my company. I decided to create a schedule and I still stick to one today. Not only did this make me feel significantly less stressed, I was getting more done in fewer hours!
2014

Finance Act, 2014 has made certain changes in Service Tax, which are applicable from 1st October, 2014. Team DYN has made an attempt to summarise these changes. These changes are:

    1. Service Tax is applicable on Radio Taxi (the abatement presently available to rent-a-cab service would also be made available to radio taxi service, to bring them on par);
    2. Advertisements in internet websites, out-of-home media, on film screen in theatres, bill boards, conveyances, buildings, cell phones, Automated Teller Machines, tickets, commercial publications, aerial advertising, etc. (sale of space for advertisements in newspapers, book other than business directories/yellow pages/trade catalogues would continue to be non-taxable) are leviable to Service Tax;

2014

Real Estate Investment Trusts (REITs)

  • Finance Minister Arun Jaitley, while presenting the budget for 2014-2015, said that Real Estate Investment Trusts (REITs) would soon be allowed.
  • SEBI has already announced draft regulations for REITs and is also expected to issue final guidelines in few weeks.
  • India is gearing up for a new concept called REITs.

2014

BASICS

  • There are only two certain things in life – Death and Taxes.
  • A lot of planning goes into taxes.
  • Yet in India, apart from a life insurance policy, not enough thought goes into death.
  • The reason for this could be cultural.
  • Indians are superstitious and believe that talking or planning about something means that will happen.
  • Well guess what, Even if u don’t discuss about death, it will happen!

Financial Management