गुरुवार, दिसंबर 23, 2010
Naib Tehsildar H.P.
बुधवार, दिसंबर 01, 2010
HPSCB Posts
Vacancies by DOEACC Shimla
Walk in Interview | |
Eligible Candidates may appear for Walk in interview to be held at above premises on 03.12.2010 at 10:00 a.m for the empanelment of Sr. Faculty for Chamba Centre on contract basis. Application form can be downloaded from our Website or collected in person from this Centre. The candidates should come with duly filled application form alongwith attested copies of certificates and the registration fee of Rs. 350/- to be deposited in cash or through DD in favour of Director, DOEACC Society, Chandigarh Centre, Branch Office Shimla, payable at Shimla. |
मंगलवार, नवंबर 30, 2010
Posts Published by HPSSSB
बुधवार, नवंबर 03, 2010
Vacancies by HPSSB
शनिवार, अक्टूबर 23, 2010
गुरुवार, सितंबर 02, 2010
Commonwealth theme song
ka^manavaolqa KolaaoM ko ilaeo A.R. Rehman Wara banaayaa gayaa qaIma saa^nga naa tao saunanao maoM AcCa hO AaOr na hI laaogaaoM kao ApnaI Aaor KIMcanao maoM samaqa-. [sasao tao AcCa
सोमवार, अगस्त 30, 2010
Goods and Service Tax
The dilemma of multiplicity of taxes is being experienced in India over a number of years, though introduction of CENVAT and VAT has considerably helped in reduction of such multiplicity but still the sorrow continues to prevail. The problem on account of CENVAT is that taxes like Additional Custom Duty, Additional Excise Duty, etc. are not included in it, whereas, Vat fails to include taxes such as Luxury tax, Entertainment tax and others. Added to this one of the main component of overall tax structure, Service Tax is ignored in both the cases. Thus, to overcome such miseries implementation of GST is being considered.
GST or Goods and Service Tax will include a uniform rate of taxation in all respect and would allow an implementation of an incessant link from the primary producer of goods and service to the retailer’s stage and will also eradicate all cascading effects in such process.
Method:
The GST system is based on the same concept as VAT. Here, set-off is available in respect of taxes paid in the previous level against the GST charged at the time of sale. The GST model has some aspects which are as follows:
- Components: GST will be divided into two components, namely, Central Goods andService Tax and State Goods and Service Tax.
- Rate: Rates charged across all states and the central level will be uniform along with the regulations, definitions and classifications.
- Applicability: GST will be applicable to all Goods and Services sold or provided in India, except from the list of exempted goods which fall outside its purview.
- Payment: GST will be charged and paid separately in case of Central and State level.
- Input Tax credit: The facility of Input Tax Credit at Central level will only be available in respect of Central Goods and Service tax. In other words, the ITC of Central Goods and Service tax shall not be allowed as a set-off against State Goods and Service tax and vice versa.
- Pan Linked identification: Each taxpayer shall be provided with an unique 13 to 15 digit ID number for filing periodical returns with the Central and State government.
Thus, we get an overview of what the system of GST (Goods and Service tax) is likely to be and upon its implementation what benefits are we going to derive from it. All in all a very good proposal which one can look forward to which reduces the complexities of the tax system in respect to both, the taxpayer and the Tax authorities.
Source etaxindia,org
शनिवार, अगस्त 28, 2010
Ho Gai Hai Peer Parvat Si
हो गई है पीर पर्वत-सी पिघलनी चाहिए, - दुष्यन्त कुमार |
शुक्रवार, अगस्त 27, 2010
शनिवार, अगस्त 21, 2010
बुधवार, अगस्त 18, 2010
DA for H.P. Govt. Employees
Vacancies of Clerks in H.P. University
Gen 7 (All Reserved) UR 0
SC 6
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Fee 300/-
Last Date 15-09-2010
Form Fee Rs.50/-
Vacancy in Intelligence Beuro
Junior Intelligence Officer-140,
Qlf-10th+Motor Car Driving License,Age 18-32,
Which Incomes comes under Income from Other Sources
The following income shall be chargeable to income tax under the head ‘Income from other sources’:
1. Dividends;
2. Any winnings from lotteries, crossword puzzles, races including horse-races, card games and other games of any sort or from gambling or betting of any form or nature whatsoever ;
3. Any sum received by the assessee from his employees as contributions to any provident fund or superannuation fund or any fund set up under the provisions of the Employees’ State Insurance Act, 1948 or any other fund for the welfare of such employees, if such income is not chargeable to tax under the head ‘Profits and gains of business or profession’;
4. Income by way of interest on securities, if the income is not chargeable to tax under the head ‘Profits and gains of business or profession’;
5. Income from machinery, plant or furniture belonging to the assessee and let on hire, if such income is not chargeable to tax under the head ‘Profits and gains ofbusiness or profession’;
6. Income by way of letting on hire of machinery, plant or furniture along with the building if the letting of building is inseparable from the letting of the said machinery, plant or furniture, if such income is not chargeable under the head ‘Profits and gains of business or profession’;
7. Income by way of any sum received under a Keyman insurance policy including the sum allocated by way of bonus on such policy, if the same is not chargeable under the head ‘Profits and gains of business or profession’ or under the head ‘salaries’;
Where any some of money exceeding Rs. 50,000 is received by an individual or a Hindu Undivided Family without consideration from a specified person on or after 1stApril, 2006. The whole of such sum of money is not received-
§ From any ‘relative’;
§ On the occasion of the marriage of the individual;
§ Under a will or by way of inheritance;
§ In contemplation of death of the payer;
§ From a local authority;
§ From any fund , foundation, university, other educational institution, hospital, other medical institution, any trust or institution referred to in Sec 10 (23C)
§ From a trust or institution registered under section 12 AA
Thus, from the above discussion one can have a clear cut view about the type income which comes under the head of ‘Income from other sources’. The category includes almost every sort of income which arises out of uncommon incidents in one’s life and like other common incomes it is also taxable.
Happy Independence Day
सरफरोशी की तमन्ना अब हमारे दिल में हैंहैं लिए हथियार दुश्मन ताक में बैठा उधरऔर हम तैयार हैं सीना लिए अपना इधरखून से खेलेंगे होली गर वतन मुश्किल में हैंसरफरोशी की तमन्ना अब हमारे दिल में हैंहाथ, iजन में हो जूनून, कटते नहीं तलवार सेसर जो उठ जातें हैं वह झूकते नहीं ललकार सेऔर भडकेगा जो शोला-सा हमारे दिल में हैंसरफरोशी की तमन्ना अब हमारे दिल में हैंहम तो घर से निकले ही थे बांधकर सर पे कफनjaaM hqaolaI pr लिए लो baZ, चले हैं ये कदमजिंदगी तो अपनी मेहमान, मौत की महफिल में हैंसरफरोशी की तमन्ना अब हमारे दिल में हैंदिल में तूफानों की टोली और नसों में इन्किलाबहोश दुश्मन के उडा देंगे हमें रोको ना Aajaदूर रह पायें जो हम से दम कहां मंझिल में हैंसरफरोशी की तमन्ना अब हमारे दिल में हैं
jaya ihnd !!