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Are you worried about monetary Investment?
Do you have queries about how to invest your money and get Best Return out of it?

Important news for taxpayers and income tax professionals -----


The new income tax e-filing portal 'www.incometax.gov.in' had a bumpy start from the day of its launch on June 7 as it continued to face tech glitches.

With glitches still haunting the new income tax portal, Finance Minister Nirmala Sitharaman on Wednesday said she wished the Infosys-developed website did not have such a launch but hoped issues will be sorted out soon.

Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.

The government has so far paid Rs 164.5 crore to Infosys between January 2019 to June 2021 for developing the portal.

It may possible to get relief from glitches coming out of using the income tax portal very soon.



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Have a Happy Monday ❤ Blast off your day. You can handle your day like a boss..!!

Be Firm. Be Confident. Be Your Special. Don't let fear overcome your mind, and led you to Procrastinate things. Wake up and think about your dreams. You're on the right track 👍

UrbanSpell

List of items for Covid Relief exempted from Custom duty/health cess.

Are you agree with this point? Let us know 👇

Do you know the missing key to get huge success on ROI? The key is 'Patience', believe it or not. 🤷‍♀️

Return on investment, better known as ROI, is a key performance indicator (KPI) that’s often used by businesses to determine the profitability of an expenditure. It’s exceptionally useful for measuring success over time and taking the guesswork out of making future business decisions. The ability to calculate return on investment is extremely valuable for any business, regardless of size or industry.

After all, knowing if you’re getting your money’s worth is a basic concept that both individuals and businesses need to understand to strengthen — rather than hinder — financial success. By calculating ROI, you can better understand how well your business is doing and which areas could use improvement to help you achieve your goals.

But the main issue is "WHY WE BECOME SO IMPATIENT WHILE CONSIDERING ABOUT ROI??"

1. THERE ARE NO SUCH SHORTCUTS TO GET THE FASTEST OUTPUT OUT OF INVESTMENTS.

2. YOU'LL RECEIVE A HUGE CORPUS AMOUNT ONLY AFTER WAITING FOR ENOUGH PERIOD.

3. THERE ARE NO SUCH THINGS BEEN IN A MARKET THAT CAN GIVE YOU A HUGE CORPUS IN THE MOST IMMEDIATE WAY.

4. ITS EXTREMELY REQUIRED TO STAY ON OUR INVESTMENT PITCH AND WAIT FOR THAT GOLDEN STREAM THAT WILL BE THEREAFTER A WHILE.

4. HAVE PATIENCE AND WAIT FOR THE RIGHT PERIOD. DO INVESTMENT. OUTPUT NEEDS TO BE DEPOSIT ON A CUMULATIVE INTEREST BASIS.

5. AND THEN, ALL IS YOURS. PATIENCE WORKS IN ALL CASES.

WHAT do you think about this? Let us know in a comment below.

Funding’ refers to the money required to start and run a business. It is a financial investment in a company for product development, manufacturing, expansion, sales and marketing, office spaces, and inventory.

Many startups choose to not raise funding from third parties and are funded by their founders only (to prevent debts and equity dilution). However, most startups do raise funding, especially as they grow larger and scale their operations. If you are an entrepreneur seeking to understand why funding is needed, types of funding available, and how to raise funding, then read on to find answers to these important questions.

You must check out the below websites to know more about fundraising 🔁

Websites are as follows -
1. Kickstarter.com
2. Indiegogo.com
3. Fundable.com
4. Catapooolt.com
5. Wishberry.com
6. Fueladream.com
7. Milaap.com
8. Ketto.com
9. Startupgrind.com
10. Indian Angel Network
11. Venture Catalysts
12. Chennai angel Network
13. Lead Angel Network
14. Mumbai Angel Network

Hey STOP ✋Have you heard about LATEST GST UPDATES? If not yet, You MUST!! 👇👇

🔁 Learn | Educate | Explore





🔁 GST Update 👉

🔁 Finally CBIC Announced 🏦

🔁 No late fees for filing 3b of Mar/April 3b upto 15 days and 30 days from the original due date for a taxpayer with turnover more than 5 cr and upto 5 crores respectively. For the quarter ending 31st Mar, no late fees if 3b filed by 30 days from the original due date

🔁 GSTR-4 due date extended to 31st May

🔁 ITC-04 due date extended to 31st May for Jan-Mar quarter

🔁 GSTR-1 due date for April'21 extended to 26th May and IFF due date extended to 28th May.

🔁 Timeline for all other proceedings, asset order etc. Whose the last date of completion falls between 15th April to 30th May is extended to 31st May

🔁 Relaxation in Interest rate for Mar and April returns

We hope this will be HELPFUL to YOU. In case of any HELP, do let us know. Drop your question in DM, will surely answer you within 24 Hours ✌️

🔺ITR Announcement ➖➖➖➖➖➖➖➖➖
🔹As part of the COVID-19 relief measures, the government has extended the due date for filing income tax returns for all taxpayers to 30 November 2020.
🔹The due date for the tax audit also stands extended to 31 October 2020.
🔹In case of taxpayers who are subject to transfer pricing certification, the due date for tax audit continues to be 30 November 2020.
🔹For the FY 2019-20, the government had earlier provided relief by extending the time for making tax-saving investments until 30 June 2020.