As we know, India have own traditional value system. Compare to other product Indian people belief natural product more compare to other product. Baba Ram Dev is more popular in India, due to Yoga and other activity. Patanjali have all product own

 

 

 

Adhar card is essential document in current scenario. Due to its use as a identity and address proof card. So it is urgent to update adhar card in case of any change.

Government of India arrange a proper team to maintain all facility. Currently we have two mode of update adhar card as online and offline. Now it is way to update of adhar card.

 

Internet has changed the way of the buying process of a consumer. In 2000 almost 22 percent people prefer to buy online but compare to 2016 data 79 percent American prefer to buy online. The offline store also focuses on the online industry due to this reason. Most people prefer purchasing at home comfort. In this reason, online sector grows very fast compare to offline industry. In the current situation, Amazon founder world tops rich person.

Benefits of online selling

1. online business required less capital compare to offline business
2. Capital acquire process is more natural compared to offline business
3. Financial transaction more easy
4. Operation cost very less
5. Global market reach
6. You can be everywhere

Process of online selling

In this para, I want to clear some point regarding the operation of online sale. The online sale is not so hard because the process of online selling is very easy and very convenient but before start online selling first of all understood some important point.

Principle of No Profit No loss

Business have lot of activate when we start any business we have lot of process plan due to that we are a totally focus on profit but business have lot of loss active also. My point is to focus when we scale any business. if we want profit first of all we should understood about profit and loss all activity.

Choose your online market wisely

1. Price focus consumer
2. Brand value is the main key of consumer buying decision

Top 10 online market portal

1. Amazon Largest Books store, electronic
2. Ebay
3. Alibaba Business to business connection
4. Walmart
5. Overstock
6. Newegg
7. Target
8. Etsy
9. Sears
10. Aliexpress.com

 

 

Last  Date of income tax return filing is 31 July for the financial year 2018-2019. In current time to file income tax return is too easy due to technology. You can easily file your income tax return by following some easy steps.
The government takes some decision against the taxpayer if they don’t file income tax return on time.

Step No.1. Need some document before starting to file income tax return

1. PAN card

2. Form 16 in case of

   salaried

   employee

3. Bank account details for refund

4. Adhar card for e- verification

5. Investment details in case of deduction 

Step No.2  Required registration for filing income tax return

1. Open website of incometaxindiaefiling.gov.in

2. Click new e-filing registration if already registered then click login

3. Select user type ( in case of the individual) select individual only

4.  After completion of new registration login

Step No.3 Login

1. Dashboard and two subheadings display

2. click filing of income tax return

3. Now select option carefully

4. If you are comfortable with online mode then select online mode and file income tax retune easily

Step No.4 ITR form appeared

1. General information be careful about the accuracy of data

2. filing status, be carefully read all option and select them

Now select next option (Income details)

in case of salaried employed see form 16 A

Otherwise, calculate income accord to schedules

Step No 5. Deduction details

1. collect document of investment and donation for deduction purpose

2. Enter figure of the amount that was invested in

Step No.6  Now the actual amount of income tax appeared

1. in case of  short of the amount deposited otherwise refund in your account soon

Step No.7 Verification

1. Carefully enter

   addhar

    the number and mobile number

2. Otp appeared  in your mobile number enter

3. Now your return complete

Step No. 8 Take print out for future reference of ITR

Note: Last date of filing income tax return in Assessment Year 2018-2019 is 31 August 2018.

Paytm is a new payment system startup by Vijay Shekhar Sharma. Paytm founder is a leader in the startup group due to Paytm success. But Vijay Shekhar Sharm has a lot of unsuccessful stories. This is the best example of success stories with a lot of failures.

Paytm is more easy to use compared to another payment system. Paytm is now become the most used app. Small vendors have receipts payment to use payment app. In this way, the Indian payment system improves and India becomes cashless economic.

How to use Paytm

First of all, you need a smartphone and internet connection, now required registration as a user after it, you can easy deposited money in Paytm wallet to use the debit card or credit card easily. Otherwise, you can deposit money by use of any Paytm retailers with some fee.

Uses of Paytm App

1. You can make a lot of payment like electricity bill, telephone bill, mobile recharges, movies ticket and so on.
2. Paytm is very more popular due to cashback feature.
3. you can purchase gold also with help of paytm app. It is also a great feature.
4. Paytm is now lunch a great paytmmall with the lot of cash back.

 

Shopclues becomes Indian popular shopping website. Shopclues is founded by Sandeep Aggarwal and Sanjay Sethi in 2011. Shopclues have thousands of registered seller recently and everyday new seller register. Shopclues reached 31000 pin code in India. All categories are listed in Shopclues. It is very easy to become the seller on Shopclues. You can sell on shopclues in the whole sell also.

Shopclues seller registration

You can become a seller on shopclues just focus some easy step.

Shopclues seller charges

Two type charges in Shopclues, first commission on sale and courier fee by sell, some case by customer

Pan card: Pan card is mandatory due to income tax deduction purpose. The every business person first of all required pan card.

GST registration number: GST is mandatory to become an online seller. So before you start any online business first of all register yourself in GST.

Bank account details: In the case of online product selling business bank account is mandatory because of every payment come in a business bank account due to an online transaction.

Trademark registration: Trademark registration is very necessary for the long run. If you want to create a brand it is very important.

Two product: If you want to the seller on shopclues, you can start with two product.

 

Sandeep Maheshwari is a well-known Entrepreneur in India. Play a major role

About Sandeep Maheshwari Personal life

wife age height eduction award

About Sandeep Maheshwari as a Motivational Speaker

Sandeep Maheshwari is the most popular motivational speaker in India. Very practical thinker with high vision and inspiration

Sandeep Maheshwari recommended books

Inspirational books by sandeep sir

• Who Moved My Cheese? by Spencer Johnson
  (One of my all-time favourites. I am sure you will love it too!)
• The Magic of Thinking Big by David J. Schwartz
  (Whether you think you can, or you think you can’t, you’re right!)
• Think & Grow Rich by Napolean Hill
  (Undoubtedly, the best book ever written on becoming successful in the materialistic world!)
• The Power of Positive Thinking by Norman Vincent Peale
  (In a nutshell, our life depends upon our way of thinking.)
• How to Win Friends and Influence People by Dale Carnegie
  (The name says it all!)
• The 7 Habits of Highly Effective People by Stephen R. Covey
  (It’s worth reading at least once.)
• Unlimited Power by Anthony Robbins
  (Nice to get motivated and excited to do something.)
• Chicken Soup for the Unsinkable Soul
  (Short stories to make you smile and cry.)
• Marketing Management by Philip Kotler
  (For those who want to make it big in business.)
• See You At The Top by Zig Ziglar
  (Full of real-life examples, inspirational stories and motivational quotes)
• You can Heal Your Life by Louise L. Hay
  (The name says it all.)
• Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi
  (One of the best books that I have ever read!!!)
• The Alchemist by Paulo Coelho
  (Once you start reading it, you won’t stop until you finish it!)
• Jonathan Livingston Seagull: A Story by Richard Bach
  (A timeless inspirational story!)

 

 

 

Everybody wants to create wealth but some people create real wealth. Becuase some people are the focus to grow wealth other just daydreamers. We required the regular contribution of our income towards wealth creation fund so that we can achieve financial freedom. But lack of knowledge and guidance only a few achieve those goals.

So how can we create wealth in long run?. Today, I want to explain a great topic called, Wealth creation formula. why this is wealth creation formula because of the power of compounding interest.

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”― Albert Einstein

SIP:- Systematic Investment Plan is the easiest way to investment

The concept of SIP is very simple and easy due to the need for less fund required to start the investment compared to one-time investment with a large amount. So it is very affordable in India to develop investment habits. But a lot of people not aware till now, some are aware but not taken seriously.

Benefits of  SIP

Power of compounding

Compound interest provide much higher return compared to one-time investment

Tax saving investment in under section 80

• Long in a period of investment is 3 years
• investment

Lowest login period

Compare to other investment instruments Elss have an only login period of 3 years

2x higher return on Rd 

Compare to Fds and another traditional investment ELSS return is much higher.

 

India is big economic but only 5 to 10 percent people in India pay income tax. This is the main cause of high tax rate in India.

But when we consider the whole income tax. Income Tax has a lot of tax planning section. If a taxpayer properly plans according to all deduction mention in income tax act, then a taxpayer easily claim deduction in income tax

Tax saving section in India

Major deduction in income tax is section 80 c. U/s 80 c, a taxpayer can claim Rs.1,50,000 deductions in total income. Due to this reason this section is playing a major role in tax planning.

Tax saving option under section 80 C to 80 U

1.Deduction in respect of Life Insurance premium, Contribution to Provident Fund, PPF.

Life Insurance

Individual spouse and child

Fixed Deposited

Tuition fee for children

Repayment of housing loan

 

2.Loan Taken for Higher Education Under section 80E

If any taxpayer has taken loan for higher education purpose, any family member a

son, daughter, wife, brother and any other family member. In this case a taxpayer plan income tax deduction. The principle amount of loan not allow but interest amount of loan taken allow.

Note: For a period of 8 years from the year he starts paying interest

Self, spouse, child

 

3. Under section 80g  of income, tax donation is exempt

 

Finance minister specific some criteria for deduction in u/ s 80g as some donation are 100 percent deductible or some 50 percent.

 

4. Deduction in respect of rent paid under section 80GG

If a taxpayer living in rented house, then u/c 80gg claim deduction in rent paid. Most of the person not aware this section.

Limit of deduction: Maximum 5000 p.m. or 25 percent of adjusted GTI or Excess of rent paid over 10 percent of adjusted GTI

5. Deduction in respect of interest on deposits in savings account

Interest received on saving account is considering as an income, therefore consider as a taxable income.

Eligibility limit

Individual and HUF

Deduction limit: Above the 10000 consider taxable income

 

 

6. Insurance

Deduction allows in U/ s 80D is Rs.15,000 and Rs.20, 000

Under section 80 is 15000 exempt from income tax

 

 

In case of Business deduction

1. 100 percent deduction of profit from the eligible business of the eligible startup

 

2.Deduction in Royalty Income under section 80QQB

Note: Individuals who are resident in india and are authors

100 Percent of such income or 300000 whichever is less