1st July 2017, the day when the Goods and Services Tax was introduced in India. With an aim to replace other forms of Indirect Taxes, GST was launched at midnight. The idea was to have a single Tax to replace the multiple cascading taxes levied by the central and the …
Read More »Budget 2014 – "Achche din" for Aam Aadmi
The Union Budget 2014 has been introduced in the Lok Sabha by the Finance Minster Shri Arun Jaitely shortly after the Rail Budget was introduced few days back. This is the first budget of the Narendra Modi led BJP government. The Budget seems to have lot of things to cheer for the Aam Aadmi as well as the Industries. Before I …
Read More »Political hodgepodge lands Indian Grand Prix in a mess
Today when you see Sebastian Vettel (Pole position), Nico Rosberg (Second position) and Lewis Hamilton (Third position) burn rubber at the Buddh International Circuit at Greater Noida and fight it out to win the Indian Grand Prix, you should be aware that this might be the last time you are seeing zooming Formula 1 cars in India. Bernie Ecclestone the Formula …
Read More »Section 160 of Income Tax Act segregates people as ‘Idiots’
Well once again a computer science & engineering student is wandering in the Law department with this post ! 😛 I was applying for a new PAN card and was filling the form online. At some point I came across this line (see image below) that defines people as Idiots also …
Read More »Convenience fee ? Why ?
In this age of technology, physical ticket booking counters are becoming vacant while the opposite is taking place at their virtual counter-parts. Not only a ticket bookings but recharging of mobiles, DTHs to paying electricity bills, online shopping etc., everything is now online and is being used by everyone. (there …
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