Q. When to file GST Return for Small Business? Is Service Provider with Less than 20 Lakhs annual turnover exempted from GST ?

Ans:
GST FOR SMALL BUSINESSES

The GST council on Friday announced measures which can be divided under two broad heads- relaxation in compliance and offering a choice to end the need for compliance.

Studying the stress points in the GST regime with 72 lakh taxpayers having migrated to the new tax system, the Council identified that 25-26 lakh GST assessees are new taxpayers. Jaitley said that a majority of them have a turnover of less than Rs 1 crore and the compliance expected from them exceeds the tax input from them.

In a major move, small businesses can now file returns on a quarterly basis compared to the monthly cycle which is currently practiced. This can be called a paradigm shift in the GST regime because when the the  rules were set, the idea was to create tough compliance norms to check leakages in taxes. But now facing public ire and political fire, the government has decided to line the tax regime with softeners.

Businesses with annual turnover of up to Rs 1.5 crore can now file quarterly income returns. People under this category form 90 per cent of the vase. The monthly to quarterly switch over for filing of returns for small businesses will kick off from October 1. But they will be asked to file monthly return for the July-Septembr period.

The GST Council also put its stamp on raising the limit of composition scheme to Rs 1 crore from current Rs 75 lakh for small businesses. With this tweak, small businesses can file returns on a quarterly basis. So far, only one sixth or 15 lakh of the 90 lakh registered entities have chosen the composition scheme. The government expects improvement in the figure after the change. A group of ministers has been tasked to study the modalities for extending the composition scheme on inter-state sales and to rationalise taxes on restaurants.

The  composition scheme is a less paperwork scheme. Those trading in goods under this scheme have to file 1 per cent tax. For manufacturers, the rate is 2 per cent and 5 per cent for suppliers of food or drinks (without alcohol). Though those opting for the composite scheme can claim no input tax credit and tax payers can only indulge is intra-state supply (in the same state) of goods, the schemes comes with a hassle free no three-stage return filing process.

But not all can opt for the scheme. Suppliers of services other than manufacturer of ice cream, pan masala, or tobacco; casual taxable people or a non-resident taxable person; restaurant related services; and businesses which supply goods through an e-commerce operators cannot get into this category.

REVISED RATES 

Meanwhile, Jaitley said the Council also decided to cut GST rate on 27 items. GST on sliced dried mango, Gujarati delicacy khakra, unbranded namkeen and unbranded Ayurvedic medicine was slashed from 12 per cent to 5 per cent.

There is good news for mid-day meal schemes as well. Food packets for school children under Integrated Child Development Scheme (ICDS) will be taxed at 5 per cent instead of 12.

In a signal to textile traders in Gujarat, the tax rate on man-made yarn has been fixed at 12 per cent, down from 18 per cent.

Tax on stones used for flooring (non-marble and granite), diesel engine parts, pump parts and stationery items has been reduced to 18 per cent from 28 per cent.

There is good news on the services front too. Jobs like imitation, food items, zari and printing items will be taxed st 5 per cent and not 12 per cent. Service providers with less than 20 lakh revenue have be added to the GST exempt list.

[Report as updated on 7th October 2017]

Q. How the Nobel prize is decided? When is the name of Nobel Prize winners announced? When is Award Ceremony held for the Nobel Prize winners?

ANS:

• Eligible nominators from around the world can put forward candidates up to 1 February of the award year, while Nobel Committee members have more time
• All nominations are reviewed by the committee - whose five members are chosen by the Norwegian parliament - before a shortlist of 20-30 candidates are selected
• A group of Norwegian and international advisers write individual reports on the shortlisted candidates. Using these and further reports, the committee narrows the selection down to a handful
• A decision is reached in the last meeting of the committee, usually in late September or early October, before the prize is announced.
• Announcement is made by the Nobel Committee Chair(for 2017, Berit Reiss-Andersen)
• If a unanimous decision cannot be reached, a simple majority vote is used
• After the announcement, the award ceremony takes place on 10 December, the date of Alfred Nobel's death

Q. Where is the Original Site location where Jesus was Baptized?

》》In present day Al-maghtas, Jordan(Asia), East of River Jordan

The generally assumed dates for the start of the ministry of John the Baptist based on this reference in the Gospel of Luke are about 28-29 AD, with the ministry of Jesus with his baptism following it shortly thereafter.

Al-Maghtas is located in the country Jordan (capital. Amman), as per Holy Bible "The Promise Land", on the eastern bank of the Jordan River, 9 kilometres (5.6 mi) north of the Dead Sea and 10 kilometres (6.2 mi) southeast of Jericho. The entire site, which is spread over an area of 533.7 hectares (ca. 5.3 km² or 1,32 acres), has two distinct zones – Tell al-Kharrar, also called Jabal Mar Elias (Elijah’s Hill), and the area close to the river (2 kilometres (1.2 mi) to the east), the Zor area, where the ancient Church of Saint John the Baptist is situated.^[1][2]

The site is close to the ancient road between Jerusalem and Transjordan, via Jericho, across a Jordan River ford and connecting to other biblical sites such as Madaba, Mount Nebo and the King's Highway.^[5]

While the initial site of veneration was on the eastern side of the River Jordan, focus had shifted to the western side by the 6th century.^[12] The term Al-Maghtas itself has been used historically for the area stretching over both banks of the river. The western part, also known under the name Qasr el-Yahud, has been mentioned in the UNESCO proposal, but so far has not been declared as a World Heritage Site.^[3][13]

In November 2015, the site became available on Google Street View.^[14]

The Baptism Site is operated by the Baptism Site Commission, an independent board of trustees appointed by H.M. King Abdullah II bin Al-Hussein.^[35] In 2017, the Commission reported that approximately 81,000 people visited the site in 2016, a 23% increase from 2015, by mostly European, American and Arab tourists
(Source: Wikipedia)

Q. Name the First Women Fighter Pilots inducted in Indian Air Force (Commissioning in December 2017).

Flying Officers:-

1.Bhawana Kanth, 

2. Avani Chaturvedi

3. Mohana Singh

 are the first women pilots in IAF’s history who will be getting the honour of flying fighter jets like the Sukhoi and Tejas. The trio was inducted into the force in 2016. 

Bhawna Kanth:

She was inclined towards joining the NDA but since women were not allowed there, she completed her engineering in Medical Electronics stream from BMS College of Engineering in Bengaluru. While she was placed with IT giant Tata Consultancy Services (TCS), she qualified for IAF through a Short Service Commission examination. She also tried her luck with modelling during her college days.

Avani Chaturvedi: 

Born at Satna in Madhya Pradesh, Avani's father is an executive engineer while her mother is a homemaker. She completed her BTech in Computer Science from Banasthali University in Jaipur. Belonging to an Army background, Avani was always inclined towards joining the armed forces. Her flying experience in the flying club of her college inspired her to join the IAF. 

Mohana Singh:

Mohana hails from Jhunjhunu district in Rajasthan. She pursued BTech in electronics and communication engineering at the Global Institute of Management and Emerging Technologies in Amritsar. She had completed her schooling from the Air Force School. Her father is serving in IAF and her grandfather was a flight gunner in the Aviation Research Centre.

While the trio will make history by being commisioned into the IAF in December, they will soon be joined by Rashi Raina, Shivangi Singh and Pratibha, who are being trained on Kiran Mark-II aircraft at the Air Force Station Hakimpet. The new entrants in the club will be commissioned into the IAF after the completion of their training.

ESET Itanagar - A Consultancy Services

ESET Consultancy Services at Itanagar: for Engineering Estimates, E-Tender, Civil Drawing-Constructions, Documentation, Write up, DTP,  Freelancing, etc.

'Pic: During Airport Runway Work 2017'
_where precision, accuracy and persistent is the objectives of high-end output!

Q. How to Save Battery in Android? Why my Smartphone's battery drain out so quickly, how to reduce excess battery draining of My Android phone?

ANS: Like yours I too have faced problems helplessly of quick battery draining or run out in my Android phone. It becomes more irritating when I visit my rural village where there is no electricity!
For Android users I would sincerely  suggest to get the "GREENIFY" apps from Google Play store for effective control of your uncontrollable battery draining. Because I, myself have tested it for years and its performances is really promising.

"Aggressive Doze" and "Doze on the Go" to maximize the battery saving on Android 6+, even without root! (details explained in settings)

Never should your phone or tablet become slower and battery hungrier after lots of apps installed. With Greenify, your device can run almost as smoothly and lastingly as it did the first day you had it!

Greenify help you identify and put the misbehaving apps into hibernation when you are not using them, to stop them from lagging your device and leeching the battery, in a unique way! They can do nothing without explicit launch by you or other apps, while still preserving full functionality when running in foreground, similar to iOS apps!

To download this apps copy the link given below and paste in your Google search bar:

http:/play.google.com/store/apps/details?id=com.oasisfeng.greenify

Nobel Prize winners 2017 from different fields, announced in October 2017

Nobel Prize winners 2017 from different fields, announced in October 2017 are:-

1. Physiology/ Medicine 2017= 3persons (Michael Young, Michael Rosbash & Jeffrey C. Hall) from USA for "Biological Clock study".

2. Physics 2017  = 3persons (Rainer Weiss, Barry Garish & Kip Thorne) for "Gravitational Waves"

3. Chemistry 2017 =persons  (Jacques Dubochet, Joachim Frank & Richard Henderson) for developing "cryo-electron (Cryo-EM)"

4. Peace 2017 = ICAN-International Campaign to Abolish Nuclear Weapons (it is a coalition of hundreds of NGOs, is 10 years old and is based in Geneva, Switzerland)

5. Economics 2017 = Richard Thaler, from US  for his research on "How human traits affect individual decisions as well as financial markets".

6. Literature 2017 =Kazuo Ishiguro, a British author of novels including 'The Remains of the Day' and 'Never Let Me Go'