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Showing posts from January, 2018

Income Tax Deduction under section 80U

Applicability Individual Deduction Allowed in case of a Person with Disability or Severe Disability as certified by the medical authority Amount of DeductionIn case of Disability is Amounted to Rs. 75,000In case of Severe Disability is Amounted to Rs. 1,25,000 Details of Deduction A person with disability as defined under Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation Act, 1995) w.e.f. assessment year 2005-06 including autism, cerebral palsy, and multiple disabilities as defined under National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation & Multiple Disabilities Act, 1999

Income Tax Deduction under section 80RRB

Applicability Individual - Patentee Deduction Allowed on Royalty on Patents Amount of Deduction Is to the extent of Rs. 3 Lakh and is in receipt of any income by way of royalty in respect of a patent registered on or after the 1st day of April, 2003 under the Patents Act, 1970 Details of DeductionPatent here means a Patent granted under the Patents Act, 1970Patentee is the person who is the true and first inventor of the invention, whose name is entered on the patent register as the patentee, in accordance with the Patents Act, 1970Royalty here means consideration

Income Tax Deduction under section 80QQB

Applicability Resident Individual - Author Deduction Allowed on Royalty income of authors of certain books other than text-books Amount of Deduction Maximum Amount of Deduction allowed does not exceed Rs. 3 Lakh Details of DeductionAuthor can be Individual or Jointbrochures, commentaries, diaries, guides, journals, magazines, newspapers, pamphlets, text-books for schools, tracts and other publications of similar nature of books are not allowed under this deductionAssessee required to furnishes a certificate, in the prescribed form from the prescribed authority, along with the return of income in the prescribed manner.Book should be a work of literary, artistic or scientific in nature.

Income Tax Deduction under section 80JJAA

Applicability Assessee to whom section 44AB Applies Deduction Allowed on Employment of new employees Amount of Deduction 30% of Additional employee cost (cost means emoluments paid or payable) applicable for 3 Assessment year including the year in which Employment is provided Condition of DeductionThe business should not be formed by splitting up, or the reconstruction, of an existing business. However, a business which is formed as a result of re-establishment, reconstruction or revival by the assessee of the business is allowed for deduction.Business should not be acquired by the assessee by way of transfer from any other person or as a result of any business reorganizationThe taxpayer must file income tax return along with report of a Chartered Accountant

Income Tax Deduction under section 80JJA

Applicability All Assessees
Deduction Allowed on Profit and Gains from business of collecting and processing of bio-degradable waste
Amount of Deduction Entire Amount or 5 Lakh whichever is less Condition of Deduction Profits and Gains from business of collecting and processing of bio-degradable waste for generating power, producing bio-gas, making pellets or briquettes for fuel or organic manure.

All about Responsive Website or Responsive Web Design

It is stated that, more or less a new device is launching everyday in India. Device can be a Desktop Computer, Laptop, Tablet, Smart Phone of any Dimension or of any Operating System (OS).
For every Professional or Business Person having a website is essential to showcase themselves or their businesses. People interacting with websites on smartphones and tablets is not the same as doing that on a Computer Desktop. Here Responsive Website or Responsive Web Design helps the viewer to interact with website by adjusting website's dimensions according to the device on which website is operating.
Advantages of Responsive Website or Responsive Web Design 1) Flexibility Flexibility means Website design is capable enough to operate on any device on any dimension.
2) Recommended by Google Responsive Website is recommended by Google as responsive web design website's ranks on Google higher than other. 3) Excellent User Experience Responsive web design is all about providing the best user…

Know where and when your Aadhaar Authentication has been used

UIDAI has introduced a new Aadhaar Service named "Aadhaar Authentication History". In this service Aadhaar users will trace when and where their Aadhaar Authentication has been used.
Steps for "Aadhaar Authentication History" Step 1 - Visit UIDAI Official Website - Link
Step 2 - Find the column "Aadhaar Services"
Step 3 - Under "Aadhaar Services"
Step 4 - Find the option "Aadhaar Authentication History"
Step 5 - Open "Aadhaar Authentication History" - Link
Step 6 - Enter your UID and Security code
Step 7 - Click on Generate OTP
Step 8 - Enter the OTP you have received on your Aadhaar linked Phone number
Step 9 - Click Submit button
Step 10 - You will receive the Data of where and when your Aadhaar Authentication has been used

Note : Aadhaar user will get report of Aadhaar Authentication History for 6 months only.

4 Reasons Why Companies Losing Customers

Wrong or Irrelevant Marketing Stunt Most companies adopt wrong way of Marketing. Wrong way here means Companies first 'Spoon-Feed' the Prospect and convert them into Customer by providing attractive offers without explaining the Terms and Conditions. Thereafter those companies when promote the same offer with different Terms and Conditions. When customers approach these offers again they will get trapped.
Remember! Customer is King “Customer First” must be the prime motto of every business. But if in case companies not able to maintain the prime motto they may lose the customers. Each and Every customer is important for companies whether they are current customer or new customer.
Today's market is Competitive and Active Companies must keep in mind that today's market is Competitive and Active. If they mislead the customers they will lose their share in the market and even they may get abolished from the market. It is always important to offer customer Goods or Service…