Responsive & Mobile Design

  It has been an incredible year for the budget and midrange smartphones. We witnessed quite a number of launches from quite a few brands in this segment out which Redmi Prime 3S has proven to be an incredible device along with its elder sibling the Redmi Note 3. While Xiaomi has ruled this segment others such as LeEco and Motorola and Lenovo have also done reasonably well. Lenovo as brand has really made a mark in the smartphone industry…Continue Reading >

Responsive & Mobile Design

Post Demonetization, Government has realized it needs to do more in terms of tax reform to eradicate the influx of Black Money in the economy. The new amendment bill introduced in the Parliament is aimed at plugging the loopholes in the Income Tax Act which may be exploited by the illicit money holders. However, the Government has once again given an option to the concerned individuals to disclose their undeclared income. The ones voluntarily disclosing their undeclared wealth will be…Continue Reading >

Responsive & Mobile Design

  Demonetization of larger denomination notes (i.e Rs 500, Rs 1,000 to be precise) has taken the nation by storm, it is being talked about in the every nook and corner of the nation. Some are favouring the move while others are not too pleased with it. But at the end of it all, the truth is that Rs 500 and Rs 1,000 notes are no longer the legal tender and Individuals are better off exchanging the same from the…Continue Reading >

Responsive & Mobile Design

WHOLESALE PRICE INDEX (WPI) Wholesale Price Index (WPI) for the month of October, 2016 eased marginally to 3.39% as compared to 3.57% in the previous month. Softening of prices will provide some breathing space to the policy makers when they discuss the future policy roadmap. The moderation in food inflation has helped in keeping the inflation rates under check. The food inflation fell sharply to 4.34% as compared to 5.75% in the previous month. The softness in the wholesale vegetables…Continue Reading >

Responsive & Mobile Design

Goods and Services Tax (GST) is the most awaited indirect tax reforms in India. It is aimed at removing various points of tax levy which has a cascading effect and would simplify the tax barriers. Indirect Taxes are imposed by the Central Government as well as the State Government. The current setup has number of tax barriers which is confusing for the layman to decode. GST is the much needed tax reform which will simplify the Indirect Tax regime. India…Continue Reading >

Responsive & Mobile Design

  Lenovo has launched the much awaited flagship Moto Series in India. The two variant launched last week is the Moto Z and the more affordable Moto Z Play. Moto Z Play and Moto Z has been priced at Rs 24,999/- and Rs 39,999/- respectively. The device is available on Flipkart and Amazon. The Moto Mods is one of the exciting features available with these phones, however one requires to purchase the Mods separately which are fairly expensive. The different…Continue Reading >

Responsive & Mobile Design

Zuk Z2 Plus was recently launched by Lenovo in India. The phone comes with powerful hardware configuration and sports a competitive price tag of Rs 17,999/- for the base variant and Rs 19,999/- for the premium variant. The phone is likely to compete with the Xiaomi Mi 5,One Plus 3 and Asus Zenfone 3 which come with similar specs but are relatively expensive when compared with Zuk Z2 Plus. The Chinese manufacturers have launched quite a number of phones in…Continue Reading >

Responsive & Mobile Design

  WHOLESALE PRICE INDEX (WPI)   Wholesale Price Index (WPI) for the month of September, 2016 eased marginally to 3.57% as compared to 3.74% in the previous month. Softening of prices will provide some breathing space to the policy makers when they discuss the future policy roadmap. The moderation in food inflation has helped in keeping the inflation rates under check. The food inflation fell sharply to 5.75% as compared to 8.23% in the previous month. The softness in the…Continue Reading >

Responsive & Mobile Design

  “Income from Other Sources” is any income which is not taxable under any other “Heads of Income”. Any income which does not specifically come under Income from Salary, Income Business or Profession, Income from House Property or Income from Capital Gain, will be taxed under “Income from Other Sources.   Income from House Property: Tax Implications   Income from Salaries: Tax Implications   Following Incomes are taxed under “Income from Other Sources”:   Dividends received from non Indian entities…Continue Reading >

Responsive & Mobile Design

  Any Income earned in form of rent through a property like land, house, apartment, building, etc by the owner is chargeable to tax under “Income from House Property”. Income earned from such properties cannot be included under any other “heads” of Income. Income from Salaries: Tax Implications Income from Other Sources: Tax Implications   Types of Income falling under the heads “Income from House Property”   Income earned in form of rent by the owner is only chargeable to…Continue Reading >