Finance Adda
8 members
8 links
Download Telegram
to view and join the conversation
Channel created
Industry 4.0 brings a great sort of opportunity for the manufacturing industries as well as to the investors. Many countries have already started to adopt the industry 4.0 & India too.
so the first question is what is industry 4.0 & what are its working principles?
It is the name given to the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing. Industry 4.0 is commonly referred to as the fourth industrial revolution
To read more in details about its impact on industries & how India is ready to adopt the industry 4.0, follow the link: https://bit.ly/2RAvr6L
ICAI ANNOUNCEMENT


UDIN- A way to authenticate document


📌 Central Council of ICAI has decided to mandate UDIN w.e.f 1st Feb., 2019 as against the earlier announced date of 1st Jan., 2019 in a phased manner

 

As you are aware that to secure the certificates/documents attested/certified by practicing Chartered Accountants and for tracing forged/wrong documents prepared by any third person misrepresenting himself as a Chartered Accountant, ICAI had implemented an innovative concept of UDIN i.e. Unique Document Identification Number.

 

We wish to inform that for this prestigious project of UDIN, ICAI has engaged Tata Consultancy Services (TCS) who is also automating and will maintain the life cycle of CA Members and Students making them largely online on a digital platform.

 

To enable TCS do the huge data migration and data audit which will require around 30 days before the UDIN Platform becomes mandatory, Central Council of ICAI has decided to mandate UDIN w.e.f 1st Feb., 2019 as against the earlier announced date of 1st Jan., 2019 in a phased manner
Blockchain technology is the information technology of future, only in India it will create 2000 to 6000% job opportunity & will makes India better economy then ever. Read more about block chain technology, what it is & how it works & source of opportunities to India follow the link below:
https://www.financeadda.in/2019/01/blockchain-technology-its-uses.html?m=1
A good move taken by current ruling Government.

The cabinet bill for allowing 10 Percent reservation to EWS category has been passed in both Lok sabha & Rajya sabha as well.

To know more what amendments to be made & what is the implication of same over the current reservation system. Follow the link
*https://bit.ly/2D4iKJF*
GST was introduced with the intent of making India one nation, one tax & one marked based Economy.

But With two different taxes (CGST & SGST), five different tax slabs, exclusion of some goods from GST purview & power given to states to set the threshold limit for GST registration in their own, Are we really inch closer towards becoming one nation, one tax, and one market?

Check out below for a reality check of "GST- are we really moving towards one nation one tax & one market economy"
Follow link here. https://bit.ly/2H7tfzB
Atal pension Yojana is a statutory social obligation scheme introduced by the Indian government, back in Jun' 2014.


Under this Scheme Government of India, gives the guarantee to a subscriber of a scheme to pay a fixed amount of Rs. 1,000 to Rs. 5,000 per month as pension.


Besides this there are several tax benefits can also be enjoyed by the subscribers, and it produces maximum benefit with the minimum Investment.


Read more about what is Atal pension yojana & how it produces maximum benefit with the minimum investment, by following the link below:

https://bit.ly/2M8FT0a
The year 2019 is going to be Year of Trend-spotting like increased uses drones, voice-activated home assistants, something called “8K” television. But the most provocative robots were those that claimed to “read” humans faces, revealing our emotions and physical health in a click of a single image. How this all can be possible?

This all can possible because of "Artificial Intelligence

Artificial Intelligence is the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, voice recognition, decision-making, and translation between languages, resultant it will increase productivity & Efficiency in works too.

Find out in details about what is Artificial intelligence & how it works & how it is going to be the game changer for the industries. Follow the link below: *https://bit.ly/2Hk9bdv*
Pankaj:
Till date the GST is the biggest reform that we have seen in indirect taxes, it subsumed 17 different indirect tax laws and make several structural changes in Indirect tax in India. With GST the better administration, review & automation done which makes compliance easier for the taxpayer & certainly will improve the collection of revenue to the government and ultimately boost our economy in the year ahead.

With lots of amendments and cosmetic changes, the Income-tax law becomes complicated in some aspects and compliance of same become tougher, which ultimately results in various litigations. so to widen the tax base and make compliance easier for the taxpayer whether the same type of reform required in the Income-tax laws too?

find out in details why the present direct tax required to amend and what reform requires further how it is going to have an impact on taxpayers. follow the link below to read more: https://bit.ly/2CzD7wD