Complete tax solution

Tuesday, December 31, 2013

14 Things India needs this new year 2014

India is an atomic power and world largest democracy. There are many things on which we can proud of but there are many things too which make us shame and feels that these should not be in 2014. Taxalertindia tries to mention all the things in India which should stop as well as start in 2014. The list is as follows.

1- Right to recall: - Voters should have the right to recall the sitting MP or MLA who doesn’t do the work or do some illegal work. The tenure of the MP and MLA is 5 years but the voters must have the right to recall him and give him a chance to win again from same constituency. Often people don’t know about the candidate history when the candidate is fighting election first time, so this right is must in the biggest democracy.


2- Capital punishment for rapist: - this is the most needed law in India where rape cases are common.  Rapist should be hanged or may be more horrible law can be applied for.




3- Yamuna: - the pollution level in Yamuna River is as high as it becomes a dead drain according to UN report. If our capital has a clean river, this will definitely increase the beauty and life of the Delhiites and India. We should learn from UK or Spain where Thames and Seine always increase the beauty and the population in these cities is not very low compare to Delhi. It should be taken as our pride.











4- Railway toilet: - biggest concern in India. World biggest open toilet. Railways must look into the matter and at least introduce green toilet in some trains if not all.


5- Nepotism: - how many ministers and CM’s son, wife, daughter, daughter in law and so on relatives are Ministers, MP and MLA. There is a big list and people can’t stop to vote them. How a good person’s son or brother must be good? This should stop in India if not there is no difference between a monarchy and democracy.

6- Manual scavenging: - Manual clean of gutters and pipelines are common in India. This must be stopped and let the machinery do the work they are for it.

7- Police: - Policeman should be like commando. In India we always can see big fat and pot-bellied cops in India. Police has the duty to help the people but this kind of police force is not capable.

8- Roads: - Roads in India are in very bad position. However government is doing something on Road but a lot more is to be done. Why India can’t have the roads like Yamuna Expressway or Ahmedabad-Vadodara all over nation.



9- Bullet train: - a country only can develop with a great infrastructure. India must have bullet train in 2013 which can run around 300 kms/hour. This will bring nation together.

10- Electricity: - how a nation like India can develop with 7-8 hours electricity in a day. Everybody needs electricity and India must use her nuclear plant to produce electricity because the demand of electricity is arising day by day.

11- Broadband: - In this age of internet, India needs fast and furious internet service with a low cost. The rates of 3G service in India are too high and not anybody cup of tea. 

12- Good nutrition food: - there is a big problem of mixing in India. This won’t help India to grow. India should have the system to provide citizen the good and genuine food items. Khali pet to Jang bhi nahi jeeti jaati and we want to win the world.

13- Job-reservation: - India must stop job-reservation on castism. Job reservation should give to physical unfit person as well as to those who lost their family member in some mishappening in India or war.

14- Tax exemption of 5 Lakh- Last but not least, looking to inflation India either rule the Direct Tax Code or any other law, but income tax exemption should be 5 Lakh. 

Thursday, December 26, 2013

New PAN application form 49A and 49AA with annexure A, B, C and 1

The Income tax department notified new PAN application forms form 49A and 49AA in pdf  format. These forms are used for applying new PAN card. These new formats of PAN card replaces old format of form 49A and 49AA. Income tax department issued a notification no. 96 dated 23 December 2013 regarding new format of PAN card and annexure A, B and C  for form 49A and annexure 1 for form 49AA.

Form 49A- Form 49A is PAN application form to be filed by Indian resident.

Form 49AA is for resident outside India.



Download form 49A, 49AA, annexure A, B,C and annexure A from here

Annexure A
 Annexure B
Annexure C

Form 49AA
2nd page
3 page
Annexure 1
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Saturday, June 15, 2013

EXCEL BASED CALCULATOR FOR INTEREST ON SAVING ACCOUNTS

EXCEL BASED CALCULATOR FOR INTEREST ON SAVING ACCOUNTS: "Interest on saving account as you know Indian banks give some interests on the amount deposited in saving accounts. But we normally do not bother about the interest amount or in case where the large amount is deposited in the savings account there is lack of any calculation method to calculate the interest amount because it is very tough to calculate the interest where there are daily entries of debit and credit."


Download calculator
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6th Pay commission calculator for all pay bands

There are so many calculators for 6th pay scale but for different pay scales & there is a feeling of getting one calculator which should be excel based and should be all in one. So there is a 6th pay commision callculator all in one excel based for all Pay Bands under All Old Scales, excepting Apex Scale and Cabinet Secretary. Computation of Arrears and Income Tax as per Approved Recommendations of the 6th Pay Commission.
It will calculate all your pay scale related to salary as well as all the allowances which should be in the 6th pay scale.It's a revised calculator 13th time and a must useful for all.



For the central government employee the salary band of 6th commision is implemented 2 years ago in which all the salry holder will get the benefits of 6th pay commision. But calculating all the benefit such as TD, DA, Pension, ESIC, PF, and all the incentives calculation will be very tough as it creates lot of energy as well as time. So if you want to download the excel based utility
Download calculator
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