Blog

2015
    • As a thumb rule you must file an IT Return in India for AY 2015-16 if your Gross Income is more than
      • Rs 2,50,000 if you are less than 60 yrs old.
      • Rs 3,00,000 if you are 60-80 yrs old and
      • Rs 5,00,000 if you are more than 80 years old.

Archive


2015
  • While communicating with business people, the language you use must be consistently appropriate in style and tone.

The following are the basic features of formal writing.

  • Write all verbs in full. Do not use contracted forms like don’t or can’t.
  • Do not use abbreviations such as info (for information) and asap (for as soon as possible).

2015

Corporate Tax:

  • Reduce from 30% to 25% over next 4 years

Other than Corporate Tax:

2015

How to disable WhatsApp blue ticks for read messages

    • WhatsApp have introduced a new feature that lets users know that their messages have been read, with the double grey ticks appearing in front of the messages turning blue
    • And now, just as quietly, the mobile messaging service is letting users of its Android app disable the feature with the rollout of WhatsApp version 2.11.444. This version is available for users on WhatsApp’s website for now, and will eventually be rolled out to all users.
    • Here’s how you can disable the blue coloured read receipts’ with the message timestamp on whatsApp’s Android app:
      1. Make sure that your Smartphone is running on Android 2.1 or a newer version.
      2. Go to settings menu and enable Download from Unknown sources in the Security tab
      3. Go to the WhatsApp website and download the APK (application) file available under http://www.whatsapp.com/Android/
2015

Important Amendments

  • The Gujarat State Government has recently issued a Notification No GL/Vat/68 & 69/(1)/Dt. 03/12/2014
  • Govt. of Gujarat by their public circular has provided following requirements for goods going outside Gujarat State or coming in the state and passing through state to another state. Up till now Form No. 402-403 were required to obtain online for specific goods & so obtained forms were required to be produced before check post officer or person in charge or barrier. Form No. 405 (transit Pass) was required to be produced before the goods crossing last check post, but w.e.f. 15.12.2014, all taxable goods are considered as specific goods & all necessary forms were required to be received by electronic system or unique code of particular firm under this system.

This procedure relates to:-

  1. All taxable goods
  2. The procedure is applicable to goods entering in the state or going out of the state or entering in the state for movement to other state. (Form No. 402,403 & 405)
  3. The above procedure can be obtained for goods moving within state (Intra State movement)

2015
  • With its massive drubbing in the Delhi Assembly Elections, the BJP government is likely to attempt to keep the euphoria of the Modi wave alive with a please all Budget for the financial year 2015-16.
  • The budget will attempt to be mindful of retaining BJPs charm in its recent assembly electoral gains in states other than Delhi.
  • This budget will be largely focused on the Make in India campaign, but what the common man can expect from the Budget this year, let’s take a look –

Financial Management