A Piece from My Life by Nikhil Jhanwar

There is a general perception that Foreign E-Commerce start-ups are disrupting and dislocating Indian Contemporaries on the power of money. But when you dwell deeply into the real fact, you will witness that this game is not just about money power. In fact it is the customer centric approach of these e-commerce giants which is actually making the difference. How the ridiculous concept of OlaShare is losing ground to Uber ? To know, read on…. Incident #1 I switched to Ola some 15 days back amidst the exorbitant increase in fares by Uber for long distances. By the way, who uses Cabs for short distance..!. One fine day, I booked an Ola Share @10.15 a.m. from Noida to visit Vasant Kunj for a meeting scheduled at 11.30 a.m. My experience with Uber developed  a conception that when you share a cab with other passengers, you share your ride with them on similar route. Unfortunately, I was wrong. Cab driver took 15 minutes to pick me up. The delay in my ride ...

GST Simplified Series#2 We are back with next GST Simplified Series. If you have missed any of our previous write-ups you can discover them here GST Simplified . Series#2 explains aspects of Levy, Rates & Supply under GST. Update: CGST, IGST, UTGST Bills have been passed in Lok Sabha on 29.03.2017. Any reference of sections and provisions in this write-up relates to CGST Bill as passed in Lok Sabha. Levy under GST (Section 9) Every tax law has a charging section which provides for levy of tax on certain premise. Section 9 provides as under: ·          GST shall be levied on intra-state supply of goods or services or both ·          GST shall apply on value as determined as per law. ·          Rates to be notified, Maximum rate capped at 20% ·          Supplier shall collect and pay the t...

GST Simplified Series#1 Concept, Levy, Scope & Applicability We are pleased to share that we have launched Series ‘GST Simplified’ wherein we would attempt to explain nitty-gritty of GST in most lucid manner through write-ups, presentations and videos. Series#1 explains ‘Concept, levy, scope & applicability of GST. Before discussing GST, Let’s first understand the existing indirect tax structure and issues therein. Current Indirect Tax Structure is grappled with following inherent imperfections: GST has been an attempt to put an end to aforesaid challenges and that’s why is it quoted that ‘ GST is not just a tax reform but a business reform’. Let’s now understand how will GST mitigate current challenges and ride to the path of transparent tax structure. Concept of GST GST- Goods & Services Tax is multi-stage tax each point of supply of goods and/or services in India. It is nothing but a comprehensive tax which...

For a child, his father is a Hero, children grow idealizing their Hero, look up to him for their demands, wonder how he could hide emotions with an ease, respect how he became a self-made man, inspire from his early struggles. My childhood was no different.  But I never had to demand anything from You, I got everything what I wanted at right time.  It has been 25 odd years, I am living this life because of You. I may not have sit with You and convey how special are You for me. May be I was shy enough to express my feeling or strong enough to hide my emotions. There were many instances, I wanted to share, but couldn’t, there were many apprehensions I wanted to discuss, but couldn’t. I thought writing a letter to You will be the perfect thing. Today I not only wanted to Thank You from core of my heart but wanted to say something more….. I remember, the first letter I wrote to you when I was in 12 th class, first time I was living away from You. I scored low ...