And for a Friday of the Historic GST Bill…. Some thoughts… After the 1991 reforms, this is probably the biggest. All indirect taxes of the Central Govt – Central Excise, Addl. Excise, Service Tax, CVD etc. etc. will be subsumed in the Central GST and State Sales Tax, Octroi, Entry Tax, Purchase Tax, Luxury Tax…
For the last Friday of July, some thoughts…. Last 48 hours to file Income Tax Returns and I am happy with the renewed efforts to unearth Black Money. All those with 50 lakhs plus income, beware….the new ITR form requires you to make lots of declarations. Before July 31, you must provide the complete list…
On a Friday returning from Delhi after the German ambassador’s “At Home Dinner”, some thoughts. Dr Martin Ney and his charming wife – Gabrielle hosted a select group and what an interesting evening with Dr. Vijay Joshi, the Emeritus Prof and Researcher from Oxford. His latest book – ‘India Long Road – The Search for…
A Friday in Mumbai, some thoughts… I am really impressed with my meeting with young teenagers who are volunteering for SEEGOS. Undergraduates, Management Trainees as also successful professionals who are so adept at multitasking, work hard at jobs and combine with social service. Technology and Social Media help, but as always, it can be for…
The Friday of the month when IT Return has to be filed, some thoughts… Our PM is very keen to unearth Black Money, his plea…”dear brothers and sisters, please avail of this golden chance to disclose your undisclosed income”. The amnesty ends September 30th. Only 1.4 million people have Income of more than Rs 1…