Launching GST Weekly Newsletter - by gstindia.net

GST will be applicable from 1st July, reverse count down has already begun. Everyone is gearing up to be GST compliant, may it be knowledge, technology or business processes.

Keeping up with a new law introduction is very time consuming and a daunting task. Now it need not be with "gstindia.net Weekly" Newsletter. A Weekly newsletter for tax payers as well as tax professionals covering - Blogs, News, Events, Files, Tools, Notification.
Read 1st edition of gstindia.net Weekly

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ICAI has published 5 Books/Papers on GST

http://gstindia.net has bought you fastest download links to these publications.

Background Material on Revised Model GST Law
Comprehensive material containing a clause by clause analysis of the revised Model GST Law along with FAQ’s, MCQ’s, Flowcharts and Illustrations etc. to make the reading and understanding easier.
https://goo.gl/MyV3xC

Study Paper on Taxation of E-Commerce under GST
In-depth knowledge of provisions of upcoming GST pertaining to E-Commerce Transactions in a very practical and simplified manner.
https://goo.gl/ivjhio

Study Paper on Unjust Enrichment
In-depth practical and theoretical knowledge of the concept of unjust enrichment
https://goo.gl/HW75A3

FAQ and MCQ on Revised Model GST Law
comprehensive coverage of GST in a question-answer format as an easy & lucid way to understand the law
https://goo.gl/nU1u1D

Simplified GST Guide for Manufacturer
Covers aspects of transaction related to manufacturing like levy and exemption, registration, time and place of supply, valuation, input tax credit, job work and much more under foreseen GST in very simple and easy to comprehend language
https://goo.gl/JhQetk

For more such file and discussion on GST, visit http://gstindia.net/forums

Read more ...

A solution to the problem of managing dues

I recently launched an android app on google play store, which helps you manage all your dues. Think of it as an app to record all the credit purchases / sales and payment / receipt.

Current Problem: 

When businessmen sit down for settling their account (i.e. dues), almost every time they have a dispute on the amount due. This happens because one of them may have either missed recording of a transaction or recorded transaction with a wrong amount.

Solution

If the person with whom the transaction is entered is notified about the transaction, then there will be no errors in the recording of transactions, i.e. synced accounting.

How Counting Dues implements the solution

When a seller enters a sale transaction, the customer automatically gets notified to record a purchase transaction. When  the customer makes payment and enters the same in the app, the seller gets a notification to record a receipt. In simple terms, when one party records a transaction, another party gets a notification to record opposite transaction.

Want to see this in action? Check out this Counting Dues Introduction video on YouTube

Additional Solutions to the popular problems

Problem : If written records of transactions (i.e. details regarding purchase / sale) are prone to tear / lost/ theft/ damage due to fire / water
Solution : All the data is stored in a secure cloud, even if you loose your mobile, just login through your new mobile and all the data is copied from server.

Problem : Businessmen travel to a location to collect / make payments. Some times they miss going to a vendor / customer as the written records don't have filtering capabilities.
Solution : In Counting Dues, you can search using location and then plan your collection trips accordingly.

Problem : Small businesses are run by family members (Dad-Son / Brothers) (Uncle-Son). When any one of them is not available at the shop, there is ambiguity when a vendor comes asking for payment. There is confusion as to whether the payment is already made, what amount is to be paid.
Solution : Synced transactions. Counting Dues allows multi device installation. Hence all the transactions are synced between all the installed devices.

While developing counting dues, we had simplicity and security in our mind. Hence you will find it extremely easy to use. All the communication is encrypted as 100% of the data transmission between mobile and is sever is over HTTPS.

Checkout some of the screenshots of counting dues

Read more ...

New Blog on Excel, Data Analytics, Office management

Dear visitors of LBT Blog
(and my dearest subscribers, [600 Approx])

Starting new blog on - Excel, Data Analytics, Office Management. 
adarshmadrecha.blogspot.com

Since LBT's removal (almost), I was free to concentrate on new Idea for my Blog.
I found that many office goers face difficulty in using Excel. After all, Excel is the most used software in any CA Firm or Company.

Here, I shall be posting about

• Excel Tips and tricks
• Excel Videos
• Data analytics - How to get insights
• Office Management
• Excel Macros
• Excel User Defined Function

Posts

Just to have a glimpse of what this blog will be about, have a  look at the posts which are already posted last month.

1. Custom Function in excel for all your Date problems when you import the data into excel.
2. Must have Software in a CA Office (With Download links)
3. Vendor Master data analytics - Issues, Risks

Just enter your email ID below, and you will be subscribed to the new blog.

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Subscription is managed by Feedburner (a Google Product), hence you can be sure of NO Spam.

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Revolutionary Office Management Software for CA, CS, Advocates, Tax Consultants

Screenshots     |     Pricing    |    Enquiry Form    |     Home Page

Jamku is a NEW, Revolutionary Office Management Software  for CA, CS, Advocates, Tax Consultants by Madrecha Solutions Pvt Ltd.

Software is build keeping in mind unique needs of Small Practitioner. It helps to manage office to

• Increase Staff efficiency
• Stop Revenue Leakage
• Decrease turn around time 
• Monitor all Compliances on single page
• Never miss a Due Date

Watch it in Action Below

(Click Play button)

Jamku Helps in Managing :

1.     Client Groups
2.     Client
3.     Task (Job / Projects)
4.     Task Billing
5.     Work Done (Time Sheet)
6.     Compliance
7.     Attention (Reminder)
8.     Physical File Records
9.     Attendance
10.     Contacts (Phone Book)

Unique Feature (Not found in any other Office Management Software )

• Drill down Reports (Similar to Tally).
• Multiple Search Criteria
• Birds Eye view of Office Work.
• Negative report for Compliance (eg. Jamku answers the Question - "For which Clients VAT Return Filling for August 2015 is Pending").
• Every users gets his own Login without any extra penny. (Unlimited user creation).
• Audit Features
• Export each and every report to Excel
• Off-line and Cloud option available.

Enquire Now for this Revolutionary Office Management Software

With Just 2000/- Rs Yearly it is the most cost effective Practice Management Software in Market.

Screenshots     |     Pricing    |    Enquiry Form    |     Home Page

Read more ...

Starting GST Study Group

Hello Friends, LBT Consultants,Visitors
(Please read below only if you live in and around thane, as this post only applies to them)

There is a new career opportunity developing for all aspirational CA, CS, lawyers or who already are CA, CS, lawyers..

The field I am talking about is GST (Goods and Service Tax)..

I need not specify all the new opportunities GST shall bring, but to list a few - Consultation, Systematic & In-depth accounting, Audit, Representing clients in tax Dept..

We have to start early, if we were to grab this opportunity..
With this in mind, starting a GST forum for those who inspire to make career in GST for people living in and around thane.

We shall meet monthly, have chat group, undertake study of GST, effects of GST in particular industry, study all the aspects of GST.

The meet is scheduled on coming Sunday - 28th Dec 2014 at Korum mall - Food Court at 10.00 AM Sharp

Forum is open to all
Share this info with your friends, may be they will be interested, if not you.

10.00 to 10.30 introduction of Study Group Members
10.30 to 12.00 GST discussion on Constitution Amendment Bill (Can be Downloaded from - http://ge.tt/1m0EzG72)

If interested,
Reply with your confirmation for the meet on 9987166QQQ (SMS or Whatsapp)
Also Join the event and see who all is coming on Facebook - https://www.facebook.com/events/387742061401651/

Update 29/12/2014 : Number Deleted bcoz of SPAM

For those who wants to keep track of GST, similar to this blog on LBT, have started with GST blog few months back - indirecttaxin.blogspot.com
Subscribe to GST, by entering your email ID
  

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New revamped Site

Hello my friend Visitors,
Taking a cue from +Narendra Modi Ji clean up drive, Have cleaned up Local Body Tax Blog to more cleaner and modern look.

Inspiration from PM for Cleaning this blog

I hope all shall enjoy this new look.

• Now website loads faster.
• Adding images to every post, Better than have a plain text only LBT Blog.

Wishing all Happy Gandhi Jayanti and Happy Dussehra.

Read more ...

Continued Focus on LBT

Since the news of LBT being scraped, the blog was put on a backtrack as far as updation is considered. But now it has been over couple of months of speculation about LBT's face, still now there is NO firm news as to "Whether LBT will stay or Scraped?"

I am refocusing my attention on Blog Updation and the following are the new changes in blog.

1. Added Corporation tab in menu (see Top of the blog, besides  LBT Consultants).
2. Added Thane updated LBT Rate.
3. Added Pune LBT annual Return download link.
4. The news posting is now summarized to monthly posting, so that in one reading one can know what all happened in a particular month about LBT. View August LBT News.
5. Added 7 Corporation full info in one page.
6. Updated Downloads page, where in one go can download all updated LBT Rates, Annual Return, LBT Rules, LBT Books, Challan.
7. Added Navi Mumbai LBT Rates 2013 and 2014 amendment.
8. Nashik Application form & LBT challan added
9. LBT payment to be made in which bank account along with account number added
10. Notification withdrawing Transportation surcharge in Nashik added

These are the list of what people who have contacted for saying thanks

Name	Comment
Prakash	This website is informative, hence putting up question
Mayuresh Kokil	Its Good ,
Vaman kudva	Quite informative
avhad r b	good and informative
Amol Athawale	Very Informative and much needed for people who are getting impacted.Thanks for sharing a very useful updated information.regards,Amol
Subodh Kulkarni	Good website , useful.
NAVIN PALNITKAR	I am glad to know that the right information about LBT is promptly made available by Mr.Adarsh so that citizens from all fields can be aware of the finer details of the law.
Amul Pandit	Informative
pawan singhal	very useful
pratap khialani	very informative no doubt
Sudish Sukumaran	Very useful especially because there are lot of open questions about LBT
Vaishali Chavan	Good , Knowledgebel. Like
C.D. Kulkarni	searched for rules and regulaions of under section 28
Milind Chakradeo	A good initiate and very informative.
S D Lalwani	It is wonderful
Punjab National Bank	Very informative.
Navani Udhav	The Site is very informative.
Navi Mumbai Co-op Bank Ltd.,	excellent.
RAMESH MISHRA	Good
Vinayak Shimpi	Good Work.... Very informative site.... keep updating the latest changesHad made the payment.... kindly add my email id for viewing the ebook on lbt....thanks
Omprakash Singh	First of all i like to thank you for such a great effort. The information posted on web site is very useful... Thanks
Omprakash Singh	Excellent work done by you people...Hats off..
Nerkar Y P	Really beneficial to everyone. Legal language is difficult to understand, hence its correct/actual interpretation in simple language is very important. Thanks for the service.
Manish	Excellent and probably the best website for this confusing LBT.Thanks for making it simpler.
Nerkar Y P	Very useful to every dealer
stelson	Very informative
vikky rawal	this website is gonna help alots of people who where unaware about LBT and the issuesthanks a lot for making this blog doing a grt job
arun davda	Good, very Good information
Shrinivas Oak	Great information and useful writeups by Mr. Madrecha. Thank you for providing such a website. Information of this nature is not provided on the TMC website hence this is really helping. Thanks a lot.
Vithal	Good,
hetal parikh	the information is very lucid and useful. i would like to be a part of your question and answers session.
PRAKHYATH	good
hetal parikh	very good
Sunil Bukate	You done Excellant job in this new Tax ,your blog very helpful to all visitorsI appriciate your workCongrets
UNNIKRISHNAN	Through Internet
PARAG PATWA & ASSOCIATES	Good
Harjeet Laungia	Informative ,excellent and in depth explanation
devesh mandhan	thanks
KHUSHAL SHAH	It is good to see the Website made for LBT.
CA Diwakar Kiran	Since i Shaw your website first time so i cann,t comments now but as per your reputation hope it will be very helpful to me.
s r sons	LBT Registration numberDalvi Auto CenterS R Sons
mukul	great.
mukul	good.
Baakul S Mistry	informative n easy approach
Akhil	Fantastic
SHRI K C AGENCIES	well i am trying it now only first time
Jitendra	Hello,good website keep-it up
Nandish	Through Google i got website detail
Bharat Mantri	Was scrolling website and saw your site....
pankaj	very helpful
Ashok Harale	It nice website appriciate your efforts
Hitesh Shah	The information provided on website is very useful solving mostly every query related to LBT
Pramod More	Realy its good webside for information about LBT.
Mr Atul Shirke	Dear Sir,Cement name not mentioned the LBT Thane
Sandeep S.	Very Useful, Thank You.
Sandeep Rasal	Through browsing.
SHARDUL SONAWANE	This website is indeed very informative.
Harishyam Singh	Good
Yogesh Chandwani	I personally found it helpfull in educating people about the system to which they are new. A lot of people are misguided and are taken advantage of because of poor or no guidance at all. However, this website has been helpful in self educating about LBT laws and protocols.Thanks for putting in this system, Wish you all the luck in your nobel cause. I shall be looking forward for your response to my querry.Thanks Again.
Urvi	Not much material is available on LBT on the web. This blog plays a good role in such a scenario.
rahul	google search
ANKITA SHAH	its very help full
hasan	GOOD
Jayant Shah	This is a very good website for local traders and consultants of LBT. The speed is also very good. The pages are nicely arranged and all the relevant information is clubbed appropriately. Thanks for starting such a good website.
Naeem Rahmani	Thank you very much Sir,The information and details are very useful
Javeed Katewala	Very useful knowledge regarding LBT
ANIL C KHANDELWAL	very useful !!
Kabiruddin	good
Siddik	This site holds very informative articles about the LBT
pankaj	awesome
mahavir	internet search
KREISEL PUMPS	Good
CA Sandip Patel	Very useful
RAJESH SHAH	OUTSTANDING
CA. Sajid	Very informative, helpful & self explanatory.
Vivek Bokaria	on net
Dishit Thakkar	Extremely useful!
Vivek Bokaria	FROM NET
Sunil P Bukate	Very good In simple words& Regular updated siteWell DoneSunil Bukate Tax Consultant ,Sangli9422615246
ganesh	This website is very useful.
Swapnali labels	fine
dhanashree	fine
RAJENDRA NIKAM	through internet
Arun Hegde	Very comprehensive.
Ankur	Very informative !!
Aankit Jain	Need LBT assistance
Roshani shrivastva	Its good but still need assisstance
S.KRISHNA MURTY	google search
Rakesh	Awesome site

There is still some information pending to be added to the Corporation wise LBT Pages, These information is not available on the websites of these municipal Corporation. If you have any information, please send it through Conatct Us page.

To have glimpse as from which part of the state the visitors have came on this blog, see the picture below generated from Google Analytics

Read more ...

Cleared CA Final - Thanks for blessings

With proud and humble I thank my all visitors, well wishers for all their blessings and prayers, which helped me achieve my dream.

Thank You all for being with me, motivating me, inspiring me.

A Special thanks to my Mom and Dad (+Ashok Madrecha ) and my Friend +Ashish Badala 
I dedicate this post to all my Teachers who helped me through this journey.
School - Palbha, Renu, Jyoti jatkar, Rekha Rao, Ruby Robinson, Jyoti parashar, Rejina,
Jr College - Kalpana, Neve,
Sr College - Neelam Shek, Vandana, Keskar, Vinod, Yogesh Sharma, Sindhu,
MTC(10th) - Harush, Anil vazoor, Rashmi Liu, Mahesh Shetty
MTC(12th) - NM, Prem, Ajay Saraf, Behram
MTC(CA) DJ (Devendra Jain), KM (Kalpesh Mehta), RI (Raghunathan Iyer), PKM (Pankaj Megha), Nihit Jhaveri, Shrenik Kotecha,
Logical classes - Abhijeet
Articleship - CA Ashish Kamdar, Ketan Kamdar, Nilesh Bhai
CPT classes - Pankaj Bora, Rashmi

Read more ...

Inviting Authors to new Blog on GST

Hi Friends,
I welcome you all to my new blog on Goods and Service Tax (GST). Where all the News, Articles, Explanation, Discussion about new Tax "GST" shall be posted.

This shall be my 3rd blog after 

1. xbrl for Indian CA - 18,000 Visitors (As on 29th July 2014)
2. LBT Thane - 1,35,000 Visitors (As on 29th July 2014)

My others small blogs include - LBT Books (For LBT books), Nihit sir direct Tax (Under construction), Set balance in Life (Motivation Articles and Poems by Dad)  Which have combined visitors for around 10,000 as on 1st July 2014.

This blog shall be a little different than my earlier blogs, instead of me only posting all articles, I invite all experts in Indirect Taxation to be Authors of this blog and post their articles here and earn recognition of themselves.

The authors shall be posting their articles from their own accounts, Their names shall be automatically appear near their articles by Blogger. Their names shall also appear when any post appears in Google Search Results or any Search engine for that matter.

The following are the requirements for becoming a author for this blog

1. A Google account is a must. If you have a Gmail then you have a Google account already. Just visit plus.google.com to add your photo and details about yourself as this profile shall be linked when you become author.
2. Knowledge about Indirect tax (CA, Advocate, CS, Tax Practitioner, CA Final Student)
3. Some knowledge about blogger is recommended. But if you have a decent android phone then No knowledge about blogger would do. As there is an app for posting to blogger directly though the phone and let me inform you that learning blogger is not at all difficult. It is just like using MS word online.
4. That's all

Interested persons can send me a message on Google Plus or Facebook or Fill in the Contact Me form on the blog.

I have just created this blog, so not have applied any customizations to this blog. In future this blog shall definitely look awesome then what is present today. To just have a glimpse of this visit my recently customized Blog - Set Balance In Life     

Read more ...

Blog Viewers crosses 100000

No of page views as on 02/03/2014  20:12

Thank You ,
to all Visitors of LBT Thane to make this blog achive 1,00,000 viewership.

We are proud to announce this news, as in just 10 months we could server such a large number of visitors and taxpayers.

This "Total Pageviews" is calculated by Blogspot.com (a google product) itself. Every Time you visit on this blog, your visit is counted by google bots and added to this number, so I say that my blog is visited more than 100000 (One Lac) times.

Click here to read what some visitors said about this blog in these months.

Read more ...

Launching LBT Book 2nd Edition

Dear Readers,
I have great pleasure in announcing launch of my 4th Book on Local Body Tax (LBT) completely free for reading online to all my blog readers (Link Below), Visitors and Tax payers of LBT. 

In this book I have expressed my views on Rules of LBT and related sections of Maharashtra Municipal Corporation Act. All Bare rules have been explained in simple English for easy understanding and reference. I have also added examples wherever required to explain the provisions.

I seek your blessings and wishes for my continuous efforts in updating and sharing knowledge and Views to facilitate all tax payers of LBT. I hope this book will enhance and enlighten knowledge to all readers of this blog.

Read more ...

LBT Bare Rules for Free

Hi readers,

Thanks for your continued visits on this blog to get updated on LBT. 

On quite a many requests made by the visitors to make the LBT Bare rules for open reading to all; now starting a new blog 

"lbtbook.blogspot.com" 

for book on LBT for Free. You can now read all LBT books for free online at the blog.

Here is the link to latest LBT Bare Rules book (2013)

I am still working on "LBT- All You need to know about" book's 2nd edition which shall explain each and every LBT rule in simple language. The Book shall be divided in chapter where the relevant Rules are clubbed together.

Read more ...

LBT Seminar by MCHI

A seminar was organised by MCHI (Maharashtra Chambers of Housing Industry) on 25th September, 2013 at Tip Top Plaza, Thane.

CA Ashok Madrecha (A Practicing CA from Thane) & Adarsh Madrecha delivered lecture on LBT (Local Body Tax) from builder’s perspective. This seminar was attended by prominent builders, developers, finance managers, Chartered Accountants from housing Industry.

All members present in the seminar actively participated, raised queries relating to LBT and Housing Industry. Both the speakers answered the queries and explained LBT Provisions in detail.

Prominent persons present at the seminar included

• Shri Dilip Dhole (Dy Commissioner, LBT, Thane Municipal Corporation)
• Shri Shailesh Puranik (Chairman), Shri Jitendra Mehta (Secretary), Shri Mukesh Savla (Founder Chairman)

Seminar was also attended by representatives from well-known builder groups including

• Puraniks, Ashar, Rustomjee, Dosti, Cosmos, Regency, Arihant, Kalpataru, Soham and many more

CA Ashok Madrecha delivering lecture On Dice (from Left) - Jitendra Mehta (Secretary), Mukesh Savla (Founder President), Shailesh Puranik (President) from MCHI, and Dilip Dhole (Dy Commissioner, TMC)

Read more ...

New group for LBT discussion

I have created a new group on "Google Group" for discussion on matters related to LBT implementation, Registration, Explanation and interpretation of LBT Laws. More importantly also Rates discussion.

Visit - http://groups.google.com/group/local-body-tax.

Group embedded below

This group is kept open for all public to view. But only members can post and reply to the discussion. If you have already subscribed to the blog you shall get an invitation for joining this group and then you can join the group by clicking on the link in Invitation.
If you are familiar to discussions on "forums" then you will feel at home as this works exactly like any other forum works.

The Group, I believe, shall help LBT Consultants and Tax payers in discussing various issues on LBT.

Read more ...

Exam Leave

Hi Visitors and users of this blog on Local Body Tax (LBT) 

There shall be no posting of any updates on this blog starting from 1st August 2013 to 25th November 2013, as I shall be on Exam Leave.

I seek your blessings for my CA Final Nov 2013 attempt and also like to thank subscribers, Visitors of this blog for their comments, Questions, Suggestions which helped in making this blog more useful and informative.

As a Thanks gesture I have mailed the subscribers of this blog Link to 3rd Edition of Local Body Tax Bare Rules 2013. The Subscribers as on 1st August has been mailed this book. If you have subscribed to this blog and then too have not received the book then

Read more ...

Updated Links

I received request to have listed all the municipal corporations website's LBT (Local Body Tax) page. So accordingly the websites list has been complied
 and available on "All About LBT" Page.

Click here for Municipal Corporation LBT Dept Page

Also the Challans section of "Download" Page has been updated. Some of the corporation have made it mandatory to use serial numbered challans, hence the challan has to be purchased form the respective corporation. those corporation who have made challans as a format to be used by anyone has been added to the list of challans.

Click Here for Challan Download

Read more ...

Starting LBT Flash Tutorials

From today we are starting "LBT Flash Tutorials"

Read more ...

LBT Bare Rules (Coming Soon)

The Local Body Tax Rules which are available on the net at various municipal corporation websites are outdated, even if you find the LBT Rules 2012 or 2013 these contains only the LBT amendments and thus making reading and understanding these already complicated rules even more difficult. But now no more.

"Local Body Tax Bare Rules" E-book is coming soon. This shall be free for those who have already purchased the Main Book - Local Body Tax (All that you need to know about LBT). This new book shall be launched very soon and shall be coming updated with new notification of LBT Rules 2013.

Read more ...

Commenting Rules

Due to increasing user traffic and comments it has become essential that this blog which has become a central source of discussion on LBT have some rules for commenting which shall ensure that the visitors of the site get's a information related to their query at one place and helps in good discussion.

The following Rues have to be compulsorily followed

• No posting of links to other website
• No use of offensive language
• No questions regarding rate of a particular product.
• Post your query / suggestions in a post which is relevant to your posting. (You can use search box below to search the post where your question fits to be posted) 

Read more ...

LBT Interview

An Interview broadcasted on local TV news channel in Thane.



TV Interview of both the authors of the book on LBT.

Read more ...