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Goods and Services Tax (GST) is an indirect tax that is levied on the supply of goods and services in place of several indirect taxes. GST Act was passed in Parliament on 29th March 2017 and came into effect on from 1st July 2017. It is one Indirect Tax for the entire Country. Credit: Business Today The tax will be levied on goods or services during the point of sale only in GST. In the case of Inter-states sales, Tax can be levied as Central GST and State GST. BENEFITS OF GST 1) Easier Tax Compliance- Instead of paying many indirect taxes, businessmen needs to pay only one unified indirect tax. Businessmen now don't have to deal with several taxation laws and legal advice that will reduce their expenses and is beneficial for small business. 2) Transparency in the new system as it involves only one tax law that means only one department that will surely contribute to reducing corruption. 3) Reduction in price as the credit of input tax is available against o...

On 16th January 2016, Government Of India launched a scheme named as "Startup India" that will encourage the budding entrepreneurs to start their work with the help of government and guidance as well. In the starting phase, 18 states were registered for Startup India programme which now with time increases to 27 states and 3 Union Territories. Let us take a look at this programme and its implication and benefits for a younger generation. Photo by rawpixel.com from Pexels This programme was launched for improving the structure of the entrepreneur system & ease in starting a startup. Earlier when someone has to start their company, they have to raise funds and has to give taxes as per regular terms and conditions that result in failure of the startup or unable to expand their services due to financial and guidance restriction. Now in the modern time, the growth of Startup increases the potential growth of the country as well as increases the foreign investment and led...

Recently Indian Space Research Organisation (ISRO) launched GSAT 7A satellite from Sriharikota, Andhra Pradesh. This satellite is a communication satellite and Indian Air Force will use it for their use. This satellite completely belongs to IAF and help them to communicate. In 2013, ISRO launched GSAT 7 for Indian Navy that provides an uninterrupted communication for Indian Navy and modifying need of the present time they launched the same device upgraded version for IAF. Credit: ABP News ISRO also launched GSAT 6 previously for the use of Central Forces of India ie. CRPF, CISF that were on duty at Naxal Affected areas or for normal communication. These types of Satellite enables the security forces to communicate with their bases without any interruption and all the information can be collected via a handheld device. GSAT 7A  GSAT 7A will connect all the Assets of IAF and IAF now have a network-centric warfare capability. These type of satellite wer...

"We have a responsibility to protect your data, and if we can't then we don't deserve to serve you," Zuckerberg said in a statement after the reports of Cambridge Analytica data use(mis).  Credit: CNBC.com Recently the documents and interviewing employees of Facebook it was disclosed that Facebook gave away several personal data of users to companies without permissions. Recent reports say that it permitted Amazon to obtain names & contact information of users and Microsoft's Bing to see names of user's friends without consent, Netflix & Spotify had access to your personal messages. Credit: Livemint In 2013, a Cambridge University researcher Aleksandr Kogan created a personality quiz app (thisisyourdigitallife) by which he gathered information about nearly 300000 people and because of the Facebook Privacy Norms in 2013, they got information about their friends without actual permission from them. Later Facebook enhances their Privacy po...

In Times of India newspaper of 16th December headline quoted " 7 Civilians die trying to stop J&K Gunfight, 3 Hizb men killed too".  First of all, there is a huge difference between stone pelters and civilians and after that, it was not a gunfight, it was an encounter of terrorist that those "civilians" trying to "stop" . Credit: Outlook As per the sources, 3 Hizbul Terrorists were staying at the village in Karpora Sirnoo of Pulwama in south Kashmir. Army unit reached the spot and trapped the terrorists from fleeing but then these "civilians" start throwing stones on Jawans and trying to help the terrorist to flee. The announcement was made to the villagers to back out but despite announcements and air firing, they started to come forward toward Jawans. After the villagers came close that is dangerous for Jawans they open fire at a person that died on the spot but villagers keep coming forward and that's why they have to open ...

New technology, New updates developing every day and available in the market, Whenever you want a mobile and thinks which brand you should buy or what features you want? Depending on your need you can purchase a well-suited mobile for yourself, but why not take a survey about best phones available. Credit:   Blog Vivpost has done the survey on more than 5 sites that sold smartphones and presents you list of best smartphone in the list. There is no ranking among them and survey done on features and the number of product sold and the product sold in a particular time period, Value of Company and customer satisfaction. Click on the pictures to get to the app store and discounted rates and more details about the product. 1. HONOR PLAY IPS  LCD and 4 GB RAM with fast charging facility. 16 + 2 MP Primary Camera 16MP Front Camera - 2. NOKIA 6.1 PLUS Qualcomm Snapdragon 636 processor with 4 GB RAM, 64 GB internal Storage. 16+5 MP Primary and 16MP Front ...

Recent election results in 3 states were declared and interestingly the position of Farmers is of 3 different faces despite having one-party government, a recent study suggested that there are several reasons and that's why our farmers are in pain. Credit:  https://mediaindia.eu/wp-content/uploads/2017/08/farmer-suicides-India.jpg Value of Agriculture Output  It consists of Farming, Forestry, Fisheries the data clearly state that there is a slight increase of 1.7 times maximum. With Madhya Pradesh is the state that gains 1.7 times the output than in 2011-12. Rajasthan and Chattisgarh, on the other hand, gain only approx 1.2 times output in a given period of 6 years. Reasons may be several as Drought for 2 years, in the year 2014 and 2015, several areas of these states were hit by drought and that's lead to minimizing their output production. Pradhan Mantri Fasal Bima Yojana launched in 2016 in hope that it will provide a constant money for farmers and insured th...

As India Vs Australia Test Series of 4 matches will start tomorrow both teams started to play off field mind games, Due to Ball - Tampering row, Australia is on backfoot as they were building their team and testing their bench strength. Both teams want to perform better in the upcoming series and the reason is pretty clear, India needs their stats to be better in this continent and on the other hands Australians were trying to get their confidence back as they are playing in their home condition where Indian batting lineup ( said to be strong) fails.  Pic Credit- India.com Although India is number 1 in the ICC Test Rankings, Rahane said "Australia is favorites in this series" in reply to Josh Hazlewood that said that India has the best batting lineup. So we can say that mind games started but in a reverse fashion. STATS India - Test Ranking 1 Australia - Test Ranking 5 Head to Head  Australia won 41 out of 94 matches. 1 Tie, 26 Draws and 26 India won....

Recent tension between Russia and Ukraine is not new as it's foundation was laid in late-2013 when Ukrainian Government rejected an association with European Union (EU) to build stronger relation with Russia. November-December 2013 As President Yanukovych's cabinet abandons the agreement small protests started in Ukraine. Later in late November, at least 100000 people gathered to protest against this decision In Early December, around 800000 people occupy Kiev City Hall and Independence Square. In December only, Russian President Vladimir Putin gives an economic lifeline to Ukraine by agreeing to buy $15 Billion debt of Ukraine and Lower gas supplies price by 1/3rd. January 2014 Deadly protest clashes arise between Security forces and Protesters. Protestors started attacking regional offices in Western Ukraine. Then Prime- Minister Mykola Azarov resigns and Parliament declares the anti-protest law invalid. February 2014 All protesters released...