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FAQs
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How do I register a startup in India? How much money and time does it take? If am currently only 17, what issues will I face dur
Algorithm for starting a Private Limited Company: Engineer's View Personally I believe, If someone is starting a company with long term perspective or to bring some change through their unique Product/Services, one must go for Private limited firm. Prime reason for this is easy to raise funds from Angels/VC in case you go for investment. Step 1. Registration of Company 1. Name Selection: Check whether your desired company name is available or not at MCA website [ http://www.mca.gov.in/ ]. Name must be unique & must resemble with business you intend to do (highlighted one). EX: Arihant Labs Retail Services Pvt. Ltd 2. Registration of Name at ROC: Name approval usually takes maximum of 14 days. This is done online through MCA website. Moreover, you need to apply with at least 4 names for approval with a writeup about significance of names with main business of the company. 3. 1. Documents Required: 2. 1. Options for names for the proposed Company (on the basis of preference) 2. Amount of Share Capital; proposed shareholding ratio 3. A paragraph on the proposed major line of business of the company (main objects) 4. City of Registered Office. 5. Copy of ownership deed/sale deed(if property is owned) 6. Copy of rent agreement with NOC (if property is rented) 7. Copy of latest electricity bill/telephone bill/mobile bill for both directors 8. Copy of latest electric bill/telephone bill for the registered office proof. 4. Obtaining DIN & DSC: 5. 1. Documents Required 2. 1. PAN Card copies for directors and shareholders. 2. Voter ID/Passport/Driving License for directors and shareholders. 3. Occupation of the Directors for directors and shareholders. 4. E-Mail IDs of all directors and shareholders. 5. Phone Numbers for all directors and shareholders. 6. Photos for directors and shareholders 6. Company Incorporation: After above mentioned formalities have been completed, we need to file following forms/docs in Rs 100 stamp paper: 7. 1. Affidavits for non- acceptance 2. INC 9, INC 10 3. DIR 2 4. NOC : This is required to be filed by the owner of the property on which your company will be situated. 5. Subscriber Sheets of MOA & AOA 6. Documents required for filling MOA & AOA 7. 1. Must be filled on OWN handwriting 2. Passport size photos 3. Sheets needs to be witnessed by CA/CS/Advocate Step 2. Obtaining PAN/TAN: After company gets incorporated, you may apply for PAN/TAN. Step 3. Trade Licence in case you are selling PRODUCTS: This is required in some places for carrying out sales. You can obtain this from local Municipality. Step 4. VAT/CST registration for selling Products: For selling intra-state, you need VAT registration & for selling inter-state, you need to register for CST. 1. Documents Required: 2. 1. Trade Licence 2. Company Incorporation Certificate 3. PAN card of company as well as of all the directors 4. Proof of residence of Directors 5. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 6. MOA & AOA of company 7. Current Account in the name of company in any national bank Step 5. Service tax registration for Service Industry: In India, you need to pay service tax of 14.5% on every services you have charged customer for. 1. Documents Required: 2. 1. Company Incorporation Certificate 2. PAN card of company as well as of all the directors 3. Proof of residence of Directors 4. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 5. MOA & AOA of company 6. Current Account in the name of company in any national bank That's All folks! Your STARTUP is up to Conquer the World. UPVOTE & SHARE your views/issues We at labkafe [ http://labkafe.com/ ], prefer taxmantra [ http://taxmantra.com/ ] for our legal requirements.
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Is the cryptocurrency Bitcoin a good idea?
Yes.Here’s the problem: most people who know a lot about Bitcoin can only speak “tech”.I was at a conference recently. I was the keynote speaker but had zero talk prepared (as usual). It was a crowdfunding conference so I “crowdsourced” my talk.I asked the audience: I can talk about entrepreneurship or I can take fifteen minutes to explain Bitcoin without using any technical jargon. Clap for which one you want.Almost 100% of the people wanted to learn about Bitcoin without the technical jargon.People are hungry for this. They don’t want to hear about “crypto” or “blockchain”. They just want to know what all this Bitcoin stuff is about.Back in 2013, I thought Bitcoin was a scam. I was wrong.First, some credentials.In early 2013 I had my doubts. I started reading everything I could. Then I got my hands dirty.I’ve been a coder / programmer since 1985. I decided to code up a Bitcoin only store (maybe the first ever) and sell my book, “Choose Yourself” on it before it was released on Amazon.It was very hard. I had to develop the store from scratch since there were no easy tools to help me. There still isn’t (hint: business opportunity).Once I launched it, quite a few people bought my book. I sold a PDF of my book for 0.1 Bitcoin. Bitcoin was then $60 so I sold it for about $6 per PDF. Right now, it’s as if I sold each PDF for $1600. I sold many copies.I went on CNBC when they heard I was doing this. The anchor asked me, “Did you just do this for publicity?”I said, “Well, I’m on national TV so I guess it worked.”Another thing worth noting: Most of my customers came from one domain name (they had to submit their email addresses for me to process the sale): Amazon.com. Make of that what you will.A few months ago I started writing about cryptocurrencies again. I saw so many people getting involved in scams, I wanted to help.The other day I had an Uber driver who thanked me during the car ride for helping him “get it”.And last night at a restaurant, the waiter at the end of the meal shook my hand and thanked me for helping him “finally” begin to understand what Bitcoin was about.In order for crypto currencies to succeed, people need to understand at a basic level what they are. Nobody needs to learn complicated cryptography or blockchain.Just understand why now. Why this is important for us a society.TWO CRITICAL REASONS BITCOIN IS HISTORICALLY IMPORTANT AND HERE TO STAYJust understand these two reasons. Then you will know the potential for Bitcoin. And you will be popular at cocktail parties.A) THE HISTORY OF MONEYEvery new style of money solves the major problems of the last style of money.BarterIf I have a bag of rice and I need shoes, what if you make shoes but you only need 1/2 bag of rice. Do I get 1/2 a pair of shoes?Barter has a lot of problems. In the above, coming up with the rice to shoes exchange rate is difficult.Then coming up with 1000s of exchange rates just to go out and buy groceries is almost impossible.PLUS, what if you have to move (your kingdom is attacked). How are you going to carry all that rice? All of those shoes?Money has two purposes:as a store of wealth / savingsto make transactionsThere’s a third, which Ray Dalio, the head of the largest hedge fund in the world, Brigewater, told me the other day. But we’ll get to that later.Barter is horrible as a store of wealth. And for transactions, best case it’s very difficult.But problems lead to opportunities. Which leads to…2. PRECIOUS METALS / COINSGold and silver are scarce. It’s hard to mine them.But it’s hard to forge them because you can measure by weight.So the scarcity combined with the lack of forgery makes them good choices for money. I can convert my rice into gold coins, you can convert your shoes into gold coins, and now we can trade and now we can buy whatever we want.(Marcus Aurelius on a gold coin)As a store of wealth, it’s not great but not horrible.If my kingdom is attacked and I have to move, gold and silver are easily stored and carried as designed jewelry.BUT, two problems.One: what if you live in a country that doesn’t have any gold mines. Now you either have to trade for gold or start attacking countries: (this did not work out so well for the Aztecs).Two: What if you wanted to buy a house right now: are you really going to bring a truck of gold bars to the closing? Or if you have to move to another country and you have a lifetime worth of savings: are you going to ship all of your gold bars to your new home?People say that gold is “real” as opposed to (later) paper money and cryptocurrencies.This is not really true. Gold is a rock. But it does have industrial uses (silver is better for this because of price but still…). Gold and silver are great electric conductors, can be used as SILVERware. Can be used as antibiotics (hence great for fillings on teeth).So we can say that gold money is “backed” by something that has real use with value associated with it.But we still have to solve the problems above.3) PAPER MONEY BACKED BY GOLD AND…PAPER MONEYCountries made paper money that was like a contract with the government that all of that money can be converted into gold.This was great for transactions (easy to carry paper money).This was great for store of wealth (put the money in a bank and you can go anywhere). The first banks for paper money backed by gold helped fund every war in Europe in the 1800s. Good job!When paper money is backed by gold it also puts a clamp on inflation. You only have as much paper money in a country as there is gold in that country.(yes, there is a 100,000 dollar bill in the US. Woodrow Wilson is on it).So you can trust the government to not go crazy printing money that is not backed by gold (like German in the 1920s when trillions of Marks were printed and Germany went into an inflationary death spiral that was at least one cause for World War II).BUT, why benefit the countries where gold is easy to mine and punish the countries where gold is hard to mine.Also, the world is expanding in every way: more people, more technology, more innovation, more THINGS.I’m not sure this is a good thing or a bad thing (see: Germany above) but sometimes countries need to balance debt with money printing to manage their fiscal policy.The US went off of gold in the early 70s in order to fund the financial needs of both the Vietnam War and the social improvement programs of Lyndon Johnson.This created inflation.Paper money will often lead to this situation. Someone will say: why do we need the gold part?Again, might be good or bad. There’s a lot of debate. Did money printing save the US in 2008 and 2009? Maybe. Or will their be future problems caused by this? Maybe.Nevertheless, there are other problems with paper money that need to be solved:a. No privacy.If I’m making a sizable (greater than $1000) transaction I’m usually not using cash but either a credit card or a money wire.So that means your bank knows. Other banks know (the bank you are sending money to, the Federal Reserve, the local Reserve bank, etc).Government agencies know (the IRS, the NSA, etc etc).Potentially sites like Google and Amazon know depending on what payment services you use and what you are buying.So you have no privacy on your transactions with paper money.b. Fees.If I send a friend in Korea money, I go through my bank (fee), local reserve bank (fee), Federal Reserve (fee), International wiring system (fee), their central bank (fee), their local reserve bank (fee), their local bank (fee).That’s a lot of fees. Those fees help create inflation because every transaction needs to have a profit on top of those fees.c. Forgery. Something like $200 billion in forged money is circulating right now.d. Human error. This is a CRITICAL problem. There are so many opportunities for human error. When you transfer money, they can send to the wrong account. Or a bank’s software can be hacked and you lose all of your money.Or, most importantly, the Federal Reserve in the US can decide to print another trillion (Like 2009) and, without your permission, the value of your dollar has gone down.In the US we’ve been lucky. But all of South America hasn’t been so lucky (all of their currencies crashed in the 80s. Most of Asia wasn’t so lucky in the 90s (their currencies wiped them out). Russia in 1997 was wiped out.Many countries have relied on humans to print (or not print) money and the slightest human error can wipe out an entire country’s economy.The United States has been lucky. For now. But this is a HUGE error we risk every day.These are the basic problems. There are more (theft, for instance).e. What is backing paper money?Only our trust. I don’t want to be a conspiracy theorist. But the reality is: a dollar is a piece of paper. Just like gold is just a rock.How do they make us trust that the money has value?They put “In God We Trust” on it. They put George Washington. They put the signature of the Secretary of Treasury (pretending it’s a contract.).And, for the weirdos, they even put a pyramid with an eye on it.And that’s supposed to be why we trust it. I don’t trust it.4) BITCOIN (and, btw, Bitcoin is not the end. There will be a “5”).Bitcoin solves the problems above.a. Human error: there is no printing of money. There is a fixed supply of 21,000,000 coins.How do I know this? I’m a skeptic. So I read the software behind Bitcoin. I read it over and over until I could figure it out. In one part of the code they clearly define how many coins can be “mined” / printed (printed is the wrong word but I’m using it here to make the connection with paper money). And there’s another part of the code which “enforces” the first part.(part of the code that limits the total # of bitcoins to 21,000,000. I found this by reading ALL of the code for bitcoin).b. Theft. Like with every other form of currency, an exchange (like a bank) that stores your Bitcoin can be hacked and money stolen.BUT, I only keep a small amount of money in an exchange. You can get a storage drive, store your money, and put it in a safety deposit box. So even if the exchange is attacked, you still have your money.ALL theft can be prevented this way with Bitcoin. You can’t do this with paper dollars because if you have too many dollars, how will you store it? Ditto for gold.c. Forgery. The software guarantees that Bitcoins can’t be forged.d. Privacy. I can send you a Bitcoin and nobody knows who is sending it, who is receiving it, and no government institutions are aware of it.e. Fees.Some bitcoin transactions have small fees. But it’s nothing like the fees of going through six banks in the transaction described above.What’s backing it?There’s about 1000 man-years of science backing Bitcoin.The underlying technology of Bitcoin which involves heavy amounts of cryptography, financial know-how, and basics of contract law, plus the “blockchain” have 100s of use-cases that we have only just begun to play with.EVEN IF Bitcoin is never used as a coin (although note: it’s being used every day as money) there are 100s or 1000s of other uses for Bitcoin that have nothing to do with the basic money use.I won’t get into the weeds here: but suffice to say that ALL of contract law can be (and will be) eventually replaced by Bitcoin.And ALL of logistics will be replaced by Bitcoin (e.g. UPS is replacing all of their internal logistics (tracking millions of packages every day going from millions of locations to millions of other locations) by Bitcoin technology.There’s nothing behind paper money or gold like this.Now…Bitcoin has problems also.Hence the need for other cryptocurrencies. But that’s ok and not the topic for here. Suffice to say, Bitcoin solves all the basic problems of paper money, which solves the problems of gold, which solves the problems of barter.HOWEVER, there is another reason why Bitcoin is here to stay and it’s so compelling.——EVOLUTION OF EVERY INDUSTRYEverything in life evolves. Not only species but ideas.Let’s look at some industries.MEDICINETheism: 500 years ago if you got sick, you’d either pray to a god to get better, go to a shaman, make a sacrifice, or assume you committed a sin that made you sick and would try to undo the sin.Humanism: Post-rennaissance, we had human “experts” called doctors who would either leech us to death, perform horrible surgeries that would kill us, or would pat us on the back, hammer our knee and say, “take two aspirin”.Doctors aren't bad. They’ve saved many many lives. But Humanism has it’s limits. A known fact is that, on average, the moment when a doctor is most effective is his or her first year out of medical school. After that, statistically downhill.Data-ism:Now when if you go to a doctor, you get tests. You get blood work, you get an MRI, an EEG, an X-Ray, the X-Ray might go into a database and an AI algorithm matches it against other X-rays (does it match a tumor X-ray or a non-tumor X-ray?). We even get genetic testing to see if our illness is in our chromosomes.Then, armed with data, often a computer will tell us the correct solution (and even a computer can do the robotic surgery needed), or a human will help interpret the data (but there’s room for human error here).(source: National Genome Research Institute)So Medicine has evolved fromTheism → Humanism → DataismLet’s pick another industry:WARTheism: 3000 years ago if two countries went to war, the kings would perform massive sacrifices to their gods the day before.In the Bible, whosever God was stronger (Baal versus Yahweh being a notable Hebrew battle), that group would win the war.Fragments of this exist right now: May the Force Be With You, said to Luke before he flies out to fight the Death Star.Humanism: For the past 500 years, whoever had the most humans on the ground, the most bullets, then the most planes, then the most bombs. ,would win the war.Data-ism:War is being fought every day now. EVERY SINGLE DAY. Every day, some country tries to bring down the electric grid of Poland.Every day, every Fortune 500 company is attacked by “bot armies” coming from…nobody knows.I’ve been involved in the cyber security space for 25 years or more.I once was talking to a company who helps Fortune 500 companies fight “bot armies”. All of the employees were top Phds who were the experts in their fields.One guy told me, “No matter how smart we are, they are smarter.”Who are “they?” The people making the bot armies. Where do they come from? We don’t know. They come from everywhere. They are just smarter than us.Elections are rigged. Companies are attacked. Information is stolen.We have been in World War III for at least 20 years and it will never end. Dataism has taken over war.Ok…MONEYTheism: “In God We Trust”Humanism: “George Washington”. A picture of Independence Hall. Or the White House. Anything. Anything at all so that we trust humans with what we are given in exchange for the hard labor we do every single day.Do we trust humans? I tend to trust humans. But that is maybe not so smart all of the time. Humans make a lot of mistakes and that’s been the downfall of so many companies, so many families, and so many…everything.Data-ism. Bitcoin and now other cryptocurrencies.1000s of man-years of science. 100,000s of lines of code that has been checked by 10,000s of the best programmers.Data-ism prevents forgery, keeps privacy, re-creates all contract law, avoids fees, avoids theft. And this is just a small sample of what data does for money.“In Data We Trust” for better or worse. But it works.The natural evolution of money has arrived. And it’s not only Bitcoin but other cryptocurrencies.FAQ:Why do we need other Cryptocurrencies?Why do we need more than one currency at all? Why is there a US dollar and a Canadian dollar.FOR NO REASON. Just an artificial border created in 1770 and we have two different currencies.Cryptocurrencies have what I call are “problem borders”.One coin is better than Bitcoin for making contracts (Ethereum).Another coin is better for privacy ((Zcash. A problem with Bitcoin is that although there are no names on a transaction, I can see the size and the time. So privacy is still a slight problem).Another coin might be better for solving a problem of decentralized storage (as opposed to storing all of your photos on one centralizes spot that can be hacked like Google Drive). Bitcoin doesn’t address this problem.Problem Borders create new currencies.Is it too late to invest in Bitcoin and other cryptocurrencies?Right now, this reminds me of the Internet in 1995–6. There’s a bit of irrational exuberance in new coins. Prices are going crazy.There will be a massive pullback. BUT, the legitimate coins are here to stay and will keep going.Amazon, of course, pulled back, when the Internet pulled back. Now it will eventually be a trillion dollar company. Many companies that started in the 90s have survived and thrived and were great long-term investments that have paid off.Cryptocurrencies are the “internet of money”. The internet is here to stay and so is the internet of money.We are only in inning one of the cryptocurrency shift in our money.Will cryptocurrencies replace paper money?Yes. Eventually. It might not be Bitcoin although Bitcoin will always exist.But each country, to solve the problems of paper money, will eventually switch. Countries that are debating it include: Israel, Estonia, Venezuela, Argentina.Countries that will use some aspects of cryptocurrency technology in their central bank will soon include China, Korea, Russia, and yes, the United States.And many countries will reject cryptocurrencies but their population will shift en masse to cryptocurrencies in order to avoid corruption, human error, theft, etc. First on my list for this is Argentina.What will the value of cryptocurrencies be?When I first wrote about this, all cryptocurrencies added up was about $200 BILLION. Now it’s around $750 Billion. Although I do view many of the currencies as scams so the number is really less.That’s the “SUPPLY” of cryptocurrencies.The DEMAND is the amount of paper money + gold that exists.That number is $200 TRILLION.So in order to go from ONE TRILLION to 200 TRILLION that’s a 200x gain. In other words, $10,000 turns into $2,000,000.And if you focus on the legitimate currencies, the gains are much greater.So, again, we are very much in the beginning of this. There is no other investment opportunity in our lifetime greater than this. And we ARE at the beginning.What are the legitimate cryptocurrencies?There are many. I don’t want to get into the weeds here and discuss all the technology.And I also don’t like all the speculative trading that is going on in cryptocurrencies. Speculation leads to scams and bubbles.But just like there were Internet companies that survived the bust and became the companies we use every day, there are cryptocurrencies that exist now that we will use every day ten years from now.You said on CNBC that Bitcoin will go to a $1,000,000? Were you kidding?No.Bitcoin hit $20,000 recently. We just said it could go at least as much as 200x higher. That’s $4,000,000. So even at $1,000,000, Bitcoin will be a buy.How else can one make money in the Bitcoin sector?You don’t have to be a software developer.When the gold rush hit in the 1800s, Levis Jeans became the big winner. And the companies that sold “picks” and “shovels”.There will be many picks and shovels companies in the Bitcoin space.Sites that have the latest bitcoin news and analysis will do well. Exchanges will do well. Companies that help integrate traditional companies with the deeper parts of Bitcoin technology will do well (like whoever is helping UPS integrate blockchain tech into their logistics).Companies that help new cryptocurrencies launch will do well.And on and on.Someone said you called “Bitcoin is a Ponzi scheme” in early 2013. Why should we trust you now?First, I’m always a believer that the best investment is in yourself. This will provide greater than 200x returns.That said, I was wrong in early 2013.I’ve been a software guy for 25+ years. I’m able to do my research. Which I did.By May 2013 I had already done enough research to build my own bitcoin store, go on CNBC and discuss Bitcoin, and be an advocate when it was just $60. This is all public info.But, for me, focusing on my physical health, emotional health, creative health, and spiritual health, will always be the most valuable “Currency” I can develop and trade in.Could Bitcoin be just a fad?No.Paper money DOES have the problems described above. Someone has to solve those problems. Bitcoin and other cryptocurrencies solve them.And every industry evolves. Cryptocurrencies are the “In Data We Trust” way in which money is evolving.And $750 BILLION believes in me on this.Who is Satoshi?Satoshi is the secretive founder of Bitcoin. He is worth many many billions in Bitcoin right now. He is anonymous and reporters, governments, etc have never figured out who he is.That said, a number of people know who he is. I read his blog every day, He is a secretive person and nobody wants to blow his cover.Well, what should I do now?Don’t listen to me.a. Get an account on Coinbase (or wherever). Buy $10 worth of Bitcoin just to taste and feel it.b. Then read. Read a lot.Here’s some books not about Bitcoin that are worth reading:Sapiens by Yuval HurariThe Evolution of Everything by Matt RidleyThe Ascent of Money by Niall Ferguson.Antifragile by Naseem TalebThere’s a lot of discussion of cryptocurrencies on Reddit and Twitter. DO NOT read those. Most of those discussions are filled with trolls although there are some decent sources there.Blogs / Sites: start with Coindesk and CoinTelegraph. You'll find the rest as you read more.
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What documents do you provide when invited to apply (ITA) for Canadian PR?
Passport (Self and accompanying dependents)Language Test Results (IETLS)TranscriptsDegree CertificateEducation Credential Assessment (from authorities like WES or IQAS)Once you get an invitation to apply, you will need the following documents along with the above.Police Clearance Certificate (Self and accompanying spouse)Medical Exam (Self and accompanying dependents)Employment Reference LettersPayslipsProof of Funds (Balance Certificate and 6 months statement from the bank)Marriage CertificateBirth Certificate of accompanying childrenIf you are claiming points for your spouse’s education, work ex. and language, IELTS, ECA, and work experience documents are required.Nomination Certificate if you are applying through a Provincial Nominee ProgramJob offer if you are claiming points for a job offer in CanadaYour own birth certificate is not requiredLetter of explanation (Optional)Digital Photos (Self and accompanying dependents)
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How do I fill out the GATE application form?
The GATE examination is conducted every year by IITs all over in the country. GATE score can be used for Admissions in post-graduate courses and recruitment through PSUs. IIT Delhi has released the GATE 2020 Application Form on 31st August 2019. You can fill the online application for GATE 2020 from the official website of GATE. The last date to submit the application forms is the 24th of September.All the candidates first need to register themselves on the official website providing some basic details like name of the candidate, Phone Number, Generation of password and others. Fater this using login credentials candidates needs to login in their account to fill the GATE Application Form. You can follow the steps given below to fill the GATE Application online.Step 1- Registration:All candidates first need to register themselves for the GATE Application form from the official website. The details needed to mention during registration areFirst Name, Middle Name, and Surname of the candidateEmail ID.Country of Residence.Mobile Number.Password for login.Candidates are advised to provide a valid E-Mail id and mobile number for One Time Password(OTP) at the time of registration. At the time of final submission, candidates need to enter the OTP.Step 2- Login to fill Application Form:You need to log in with the Email id that you mentioned at the time of registration along with the Password to fill the GATE Application Form 2020.Personal Details: Details like Father's name, Mother's name and others need to be mention.Academic Details: All the education details from 12th class needed to be mentioned including diploma and graduation.Contact Details: You need to provide a corresponding address along with the permanent address in this field.GATE Paper: You need to choose the stream in which you want to give the GATE examination. GATE 2020 will be held for 25 different subjects. No change in Stream is allowed after the final submission.Photo Identity Proof: In this section, you need to enter a photo identity number from any one of your IDs. Permissible IDs are Aadhaar Card/Passport/Driving License/PAN Card/Voter ID/College ID/Employee Identification Card/signNowd Affidavit with Photo, Signature, Date of Birth and Residential Address.Step 3- Upload Photo, Signature, and other documents:In this step, you need to upload necessary documents likePhotographSignatureScanned copy of their Eligibility Certificate and Category (SC/ST) certificate/ PwD Certificate/ Dyslexia Certificate in PDF format.Specifications for Uploading PhotographDimension: 3.5 cm x 4.5 cmMaximum Resolution: 480 x 640 pixelsMinimum Resolution: 240 x 320 pixelsFormat: JPEGSpecifications for Uploading PhotographMaximum Resolution: 160 x 560 pixelsMinimum Resolution: 80 x 280 pixelsFormat: JPEGCandidates will have to do the signature in a rectangular box of 2 cm x 7 cm size on A4 white paper.Step 4- Preview of GATE 2020 Application:You are advised to check all the details you filled in your application form. Details once submitted can not be changed in the future. However, candidates will be allowed to make minor changes later by making payment for correction.Step 5- Payment of GATE Application Fees:The Application Fee of GATE 2020 needs to be paid online after submitting the application. The Fee amount of GATE 2020 varies category-wise. The fee amount of details for all categories are given below.Male (General, OBC and Others) Rs. 1,500SC/ ST/ PwD Rs. 750Women (All Category) Rs. 750Candidates need to pay extra amount of Rs. 500 if they will pay the fee amount of GATE 2020 Application during the extended period.After the successful payment of the application fee, candidates must check the details and submit their application form of GATE 2020.
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Which are the best and easy tax return filing software in India?
In India, almost every individual has to file their taxes. A large number of people use to file their income tax return via online mode with provided utilities. One of the best utilities is provided via the Income Tax Department of India at its official income tax website.The Income Tax Department of India releases ITR form annually in three formats such as Excel utility, PDF file, and new Java ITR utility. In order to e-file their income tax returns, the taxpayers can opt for any utility either for the Java ITR utility or Excel utility. While those who want to file ITR through offline mode would opt for PDF file which will first be downloaded and then filled with all the particular and submitted physically.The taxpayers with income above 5 lakh are required to file ITR online as mandatorily while those falls below the mentioned slab can opt for a mode of his/her choice.The submission of ITR form does not require any documents to be attached to it. While the ITR is filled without using Digital Signature the taxpayer required to have a printout of ITR-V which will be signed by him and send it to the address mentioned below;‘Post Bag No.1, Electronic City Office, Bengaluru-560100, Karnataka’However, in case the taxpayer poses an Aadhaar Card, he does not require to send any form to the mentioned Bengaluru office. The thing he has to do is only mentioning of the Aadhar Card number in the ITR form which will later be e-verified following further procedures.In case, one wants to file the income tax returns via the utility then he is free to use the Gen income tax return filing software[1] for few active hours so that he can file his return and also understand the working of the software.Footnotes[1] Gen IT: Income Tax Software Free Download
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What are the best formats for a resume?
Just as the best product is the one that gets the job done, the best resumes are those that communicate your skills and accomplishments in a clear, effective way. Graphical resumes are, in particular, terrible. Unless you can be one of the lucky few to get a bunch of media attention for a nifty format, you will hurt yourself far more than you'll help yourself if you use a graphical resume. Graphical resumes are typically difficult to read and they sacrifice content -- your hard-earned accomplishments -- in favor of pretty pictures and useless graphics. See: Why Your Awesome, Creative Resume Isn’t Working.A good resume format has the following attributes:Multiple Columns: Multiple columns make it easier for someone to quickly skim your company titles, positions, schools, and other key facts. It also stores this information in a very compact way, allowing more space to list things you've done. (Note: do not use one of those templates where the entire left part of the resume is a column for the categories. They waste a lot of space.)Short and Sweet: People only spend about 5 - 30 seconds reading your resume, and this isn't enough to read even a full page of content. When your make your resume too long, it just dilutes the quality of each thing on your resume. Focus on just the highlights. One page is often all you need, but if you have 10+ years of experience and multiple roles, you can justify at most two pages. That's it though.The Right Sections: No objectives (they're useless). Summary sections can be okay, but they're usually not (after all, if your resume is short and concise, then you don't really need a summary section). Use Tables: Okay, this is really nit picky, but it's a personal pet peeve of mine. The way to make multiple columns in Microsoft Word is with tables (with invisible columns), not by hitting 'space' dozens of times. Bulleted -- No Long Text Blobs: Again, you only have about 15 seconds to make an impression. Large blocks of text will not be read. Keep your bullets to 1 - 2 lines (and, ideally, about half or more of those bullets should be one line).Appropriate Use of Fonts and Formatting: You don't want to go overboard with fonts and formatting. However, a little bit of formatting (bold, italics, etc) can be useful to organize your resume.So with that said, here are two formats that work perfectly well:This resume can be downloaded here: http://www.careercup.com/resume.This resume can be downloaded here: http://www.thegoogleresume.com/r...The first resume is a format I designed myself, whereas the second one is a format required by Wharton's MBA program.
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How do I get a GST for an existing business?
Detailed Steps for GST Registration (Existing Taxpayers)Step 1: Go to the home page of Goods and Service Tax (GST) by entering the following web address i.e. www.gst.gov.inStep 2: Click on the “Existing User Login” if already enrolled. Suppose if enrolment is still pending, simply follow the below mention steps1. Click on “Click here for Enrolment Schedule for your state”.2. Click on the Login button appearing on the top of right hand side of the system.3. Click on “I agree to provide details as per the provisions of Proposed Model Goods and Services Tax Act (GST Act)”.4. Enter Provisional ID (as provided by Tax Authority).5. Password (as provided by Tax Authority).Note: The provisional id & password had been sent in existing VAT / Central Excise / Service Tax etc. (whichever is applicable) in the user login account.Step 3: Login with “Username and Password” obtained in the above steps.Step 4: A page will appear in the following manner:“Welcome to the GST Portal for provisional registration of existing State VAT / Central Tax / Service Taxpayers”To facilitate existing State VAT / Central Tax / Service Taxpayers to easily migrate into new GST regime, this portal has been introduced. Existing Taxpayers can pre-register by providing some basic information. Initially portal will be available for State VAT Users only. You can sign your application at any time later as stipulated by law, after filling up and Submitting on GST Portal.Step 5: Click on the “Dashboard” button.Step 6: Click on “Register / Update DSC” if having DSC otherwise link with “Aadhaar Number**” after providing required details in “Provisional ID Enrolment”.Note: DSC can also be register / update later on after providing required details in “Provisional ID Enrolment”.** Aadhar number can only be used by individual having proprietorship concern.** If a user provides his / her Aadhar number, (other than Companies / LLP) user can sign returns etc. using e-sign based on Aadhar without requirement of digital signature.** If a user provide his / her Aadhar number then OTP (One Time Password) will be send to a mobile number which is directly linked with Aadhar number.Step 7: Click on “Provisional ID Enrolment”Step 8: The following icon will display at the top:1. Business Details2. Promoter / Partners3. Authorized Signatory4. Principal Place of Business5. Additional Place of Business6. Goods & Services7. Bank Accounts8. VerificationNote: These have to be filled one by one.Step 9: The following information requires in “Business Details”:1. Legal Name of Business (as per PAN)2. Legal Name of Business (as per current tax Act)3. PAN of the Business4. Trade Name5. Constitution of Business i.e. Proprietorship, Partnership or Private Limited Company etc.6. State i.e. West Bengal, Sikkim or Bihar etc.7. Ward / Circle / Sector8. Ward / Circle / Sector No.9. Indicate existing registration under VAT / Central Excise / Service Tax / Luxury Tax / Entertainment Tax etc. as applicable:i) Typeii) Registration No.iii) Date of Registration10. Upload Document i.e. “Registration Certificate under VAT / Central Excise / Service Tax /Luxury Tax / Entertainment Tax etc. whichever is applicable”.Step 10: The following information requires in “Promoter / Partners”:1. Personal Information i.e. Full Name, Name of Father / Husband, Date of Birth, Mobile No, Email Address, Gender & Telephone No.2. Identity Information i.e. Designation, Permanent Account Number, Are you a citizen of India, Passport Number, Aadhaar Number & Declaration.3. Residential Address in India4. Upload Document i.e. Passport size photograph.5. Other information i.e. Authorized Signatory (option Yes / No).Step 11: The following information requires in “Authorized Signatory”:1. Proof of Authorized Signatory is not required for proprietor who is also an authorized signatory.2. Proof of appointment of Authorized Signatory i.e. other than proprietor allowed in PDF or JPEG format only with maximum file size for upload is 1 MB.Step 12: The following information requires in “Details of principal place of business”:1. Address2. Contact Information i.e. office email address, Mobile Number, office telephone number & office FAX number.3. Nature of possession of premises i.e. consent, leased, own, rented, shared.4. Upload Document i.e. “Registration Certificate under VAT / Central Excise / Service Tax / Luxury Tax / Entertainment Tax etc. whichever is applicable”.5. Nature of Business Activity being carried out (may select more than one).6. Additional Place of BusinessStep 13: The following information requires in “Details of goods / commodities supplied by the business ”:Goods: Specify top 5 goods / commodities supplied by you.1. Search HSN Chapter by Name or Code2. Search HSN Code3. #If you want to add another commodity then please click on ‘x’ icon to enter a new commodity.Services: Please specify top 5 services offered by your business1. Search by Name or CodeStep 14: The following information requires in “Bank Accounts Maintained By the Applicant for Conducting Business”:1. Account Number2. Type of Account3. Enter Bank IFSC Code4. Bank Name5. Bank Address6. Upload Document i.e. first page of pass book.Step 15: Verify & SubmitBe Peaceful !!!
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