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How To Stay Positive In This Corona Virus World

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My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  How To Stay Positive In This Corona Virus World Positive Emotion Positive emotion springs happiness. Focusing on positive emotions is more than smiling: it is the ability to remain optimistic and view one’s situation from a constructive perspective. While the Coronavirus world makes optimism a challenge, there are things you can do to stay optimistic: Limit your access to social media and news : listen to or read it once a day to keep informed and so that you are not constantly bombarded with bad news – switch off your news feeds, talk radio and email alerts. Take time to appreciate your home and those who are with you : write a daily list of three or more things in and around your at home for which you are grateful and share your gratitude with others. Take time out to properly enjoy your coffee breaks ; now

Retail trade loss during lockdown in 60 days

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My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  Retail trade lost Rs. 9 lakh crore of business in 60 days: CAIT NEW DELHI  : India's retail trade lost business of around Rs.9 lakh crore during the past 60 days of the nationwide lockdown, the Confederation of All India Traders (CAIT) said.         In a statement, the traders' body also said that in the past week since the restrictions were eased on Monday, only about 5 per cent of the business could take place and 8 per cent of the workforces were able to resume.         It further said that the loss of business also resulted in a revenue loss of about Rs. 1.5 lakh crore to both Central and state governments on account of GST. "The traders across the country are facing acute financial crunch and in absence of any policy support. It further said that the loss of business also resulted in a revenue loss f about Rs.1.5 lakh cro

Key Highlights for Income Tax, TDS, RERA

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My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  Key Highlights of FM's press conference related to Direct Taxes and RERA  Direct Tax key highlights points:- 1. All pending refunds to charitable trusts and non corporate businesses & professions including proprietorship, partnership, LLP and Co-operatives shall be issued immediately. 2. Due date of all income-tax return for FY 2019-20 will be extended from 31st July, 2020 & 31st October, 2020 to 30th November, 2020 and Tax audit from 30th September, 2020 to 31st October,2020. 3.Date of assessments getting barred on 30th September,2020 extended to 31st December,2020 and those getting barred on 31st March,2021 will be extended to 30th September,2021. 4.Period of Vivad se Vishwas Scheme for making payment without additional amount will be extended to 31st December,2020. Reduction in TDS/TCS rate:- 1. In order to provide mor

कोविडच्या काळातील व त्यानंतरचे आपले व्यावसायिक आयुष्य

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My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  कोविडच्या     काळातील     व     त्यानंतरचे आपले     व्यावसायिक    आयुष्य :-        ही कदाचित डोक्यातील कल्पना असू शकेल परंतु तत्काळ भविष्यात काय घडू   शकेल त्याची येथे कल्पना येईल . कर्जाची किंमत कायम वरचढ राहील . केंद्रीय बँकांनी व्याज दर कमी करण्याच्या प्रयत्नांना न जुमानता हे होणार आहे . एनपीए , दिवाळखोरी आणि दिवाळखोरीची भीती अनेक पटींनी वाढत असल्याने बँका आणि वित्तीय संस्थांवर प्रचंड दबाव असेल . अत्यावश्यक वस्तूंच्या अत्यधिक मागणीची पूर्तता करण्यावर सरकार भर देईल तर अनिवार्य व्यवसाय कर्जदारांकडून मिळालेल्या वस्तू / थकीत रक्कम वसूल करण्यावर भर देतील . या कालावधीत नवीन मोक्याच्या युती ( अमलगमेशन ) किंवा व्यवसायातील भागीदारी ( पार्टनर्शीप )   कदाचित उदभवणार नाहीत . मला निराशवादीसारखे बोलायचे नाहीये , पण पुढील रस्ता खूप कठीण दिसत आहे . अशी काही क्षेत्रे आणि व्य