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FAQs
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How do I file income tax in India?
The form is not really that confusing. ITR 1 is actually quite simple. You only find it confusing because you are not aware of the terms used in Income tax parlance. Here is an answer I wrote previously on a similar question. I cannot link to it because for some reason Quora thought it was spam and deleted it (for the same reason I won't be including any links in my answer, you can take the help of Google for that).First of all, to file income tax return, you will need to have a PAN. Let us assume that you already have a PANTo file your income tax return yourself, the best way is to file it online.To do this, you need to register yourself on Income Tax India e-filing website. For registering you will need your PAN, an email ID and a mobile number apart from your personal details.The most basic thing you need to understand is the concept of financial year and assessment year. In India, for Tax purposes, a year starts in April of one year and ends in March of the next year. This is called a financial year. In Income tax terms, it is called Previous Year. So if you are filing the return for your income earned during April 2014 to March 2015, it will be called FY 2014-15 or PY 2014-15.The year following the financial year, is called Assessment Year. This is so because your income is "assessed" by the Income Tax department in the year after you actually earned your income. So if you are filing the return for your income earned during April 2014 to March 2015, it will be called AY 2015-16 because your income will be assessed during the year 2015-16.Now to actually filing your return.To file your income tax return, you need to know the following 3 things first:Your total incomeThe deductions you can claimThe tax that has already been paid by you by way of TDS and advance taxesLet us talk about these one by one.Your Total IncomeAccording to the income tax laws, your income is divided into 5 heads:Income from salary - This is the income you earn if you are employed. In the most basic sense, whatever money you receive from your employer is your salary income, no matter what it is called. But there are some allowances which are deductible, like transport allowance etc. You will receive form 16 from your employer. You can determine how much of your salary is taxable from form 16.Income from House property - This head includes rental income from houses. Keep in mind, income on sale of house is not included here, only rental income. You get a standard deduction of 30% on your rental income.Income from Business or Profession - if you are carrying on your own business or you are a professional, your income will fall under this head. Any business expense can be claimed as deduction from your revenue.Capital Gains - Income of sale of capital asset is included here. Capital asset includes property, gold, equity shares, bonds, mutual funds etc. It does not include personal movable assets like furniture, car etc.Income from other sources - Any income not included in above heads is reported here. This specifically includes interest income on your bank or corporate deposits and dividend income from unlisted companies. Any commission or tuition income you may earn can also be included here. Keep in mind that interest from your Savings account in the bank is not taxable upto Rs. 10,000After listing all your incomes as above, you total them. This, in Income Tax terms, is called Gross Total Income or GTI.Since you are salaried employee and are filing your returns for the first time, chances are, you will only have salary income and interest income. So you do not need to worry about heads 2, 3 and 4. You can simply ignore them for now.Deductions you can claimTo encourage investments and financial planning, the government offers various deductions. These are listed in Chapter VI A of the Income Tax Act.This is what sec 80C, 80D etc. are. These sections list the deductible investments. You can find an excellent summary of Chapter VI A on Taxguru. Just Google for the term "income tax deductions for salaried taxguru"For simplicity, I will give you a list here which is most likely to be applicable for you (I still encourage you to go through Tax Guru).1. 80C - This section contains, among other thingsPF - Your contribution to Employee's provident fund which is generally deducted from your salary by the employerLife insurance premium - If you have life insurance and you pay any premium for it, you can get deduction for it under this sectionPPF - If you have a Public Provident Fund account, the amount you contribute to it can be deducted in this section2. 80D - Medical Insurance premium - If you have medical insurance for yourself or your parents, you can deduct the premium paid from your income under this section3. 80E - If you have education loan, the amount you pay towards interest can be claimed as deduction under this section. Keep in mind, you cannot deduct the whole installment, just the interest portion. Your bank statement will give you the breakup.4. 80G - If you have made a donation to any registered charitable trust or NGO, you can claim it as deduction here. Your donation certificate will specifically say if the donation is deductible for Income tax purpose.Once you know your deductions, list them out and total them. Deduct this from your GTI. This gives you, what is called in Income Tax terms, your Total Income.The Tax that has Already Been Paid by YouTo prevent non-payment of income tax by assessees, govt has put in place Tax Deduction at Source provisions. This means, the person responsible for paying your income is supposed to deduct tax from the income and deposit it with your government.If you are a salaried employee, your employer must be deducting taxes from your salary. If you have bank deposits and your interest for a year exceeds Rs. 10,000 (in one bank), then the bank will deduct tax on your interest income. If you earn commission or provide any service to businesses, TDS will be deducted from your income on these.The easiest way to know what TDS has been deducted on your account, is to see your form 26AS. There are 3 ways to see view form 26AS:TRACES website - Just search for Income Tax traces. You will have to register here separately. It's a bit complicated, so best avoid thisRegister on efiling website (link at the top). You can see form 26AS from thereIf you have internet banking account and your PAN is linked with your bank account, you can view form 26AS from there. This is the easiest way, if possibleIf any tax has been deducted, download your form 26AS in PDF format so that it is readily available for reference.Now you are all set to file your return. Login to the e-filing website. It will ask to confirm your email ID and phone number. Just follow the instructions.On the left hand side, under quick links, click on Quick e-File ITR link. Fill out the form with all the details. This option can only be used if you are an individual with only salary and interest income. Some fields will already be filled. Just verify that the details in those fields are correct. When you are done filling out the form, save it. Now go through it once again and verify that all the details are correct.When done, submit the form. Your return is filed. However, there's just one more step. You will receive an acknowledgement of the return in your email. This is called ITR V. Print out this acknowledgement, put your signature in the space provided and mail it to the given address.Here's a video by the income tax department to help you out with the return filing process:There are a lot of other videos too which you can refer. Just search for it.
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How do I register a private limited company in India?
Most of the times, a no. of Businessmen who want to incorporate the company, instead of taking the initial help/ consultancy of PROFESSIONALS, try to search the benefits and procedure of incorporation of company on internet. There are a no. of sites/ Blogs which provide the complete and thorough procedure of incorporation of company but after going through the complicated language used and the lengthy procedure in such sites, the individual gets confused and his mind diverted to the other forms of business i.e. Proprietorship/ Partnership Firms. So, here I have tried with my experience to elaborate the simple procedure in just 10 points to incorporate the company which will be beneficial for the Corporates/ Individuals/ Business man as well as Emerging Professionals:1. For incorporating a private limited company, there must be: At Least 2 Promoters: Promoters who will promote/ incorporate the company. Promoters may be individual or body corporate. ANDAt Least 2 Directors: Directors should be individual only. No Body corporate/ HUF or Partnership Firm can be appointed as Directors. For this the individuals will apply for DIN i.e. Director Identification Number in Form DIN 1 along with affidavit of Rs. 10 (Depending upon the stamp duty rates of the States) as an attachment along with PAN card copy and address proof (Driving Licence/ Passport copy/ Voter ID Card/ Electricity Bill/ Telephone Bill) which should either be self attested by Individual or notary attested. This DIN 1 has to be certified by the Professional i.e. CA/ CS/CWA who will signNow that the documents attached is the true copy of the original documents and the photo attached is of the individual who is applying DIN and that individual is known to such Professional or has come to him along with the original documents. The DIN will have then to be applied and will get approved through STP on the basis of Certification of Professional as if correct information is being filed.Generally, in most of the cases, Promoters and Directors are the same in Private Limited Companies.2. One of such two directors must have DIGITAL SIGNATURE who can apply with any of DSC Vender i.e. E Mudra/ Siffy/ TCS etc. These vender are known as signNowing Agencies who are duly appointed office of the Controller of Certification Agencies (CCA) under the provisions of IT Act, 2000. There are a total of seven Certification Agencies authorised by the CCA to issue the Digital Signature Certificates (DSCs). The details of these Certification Agencies are available on the portal of the Ministry Ministry Of Corporate Affairs. This Digital Signature has to be affixed over all the E Forms i.e. Form 1A, Form 1, Form 32 and Form 18 required for incorporation of Company.3. Then the promoters should apply for the name of the company to be approved with the concerned ROC of the State where the company has to be formed in E Form 1A by payment of Rs. 1000 through Credit Card or Net Banking, describing the capital of company, main objects, state in which the company is to be incorporated and to affix the digital of Applicant. The promoter can apply for 6 names amongst which the ROC will approve only 1. If the ROC rejects all the names, the applicant have another two chances to apply the name again with the same fees he has incurred while filing Form 1A.4. After the name is approved, the Directors/ promoters are to draft MOA and AOA. In MOA, the 5 clause mainly i.e. Name Clause, Registered Office Clause, Main Object Clause, Capital Clause and Subscribers Clause will have to take into consideration. And in Articles all the bye laws of the company corresponding to Companies Act, 1956 have to be considered. The names of First Director are mandatory to be given in AOA.5. These MOA and AOA should be followed by the tables of subscribers to be signed by subscribers in their own handwriting along with the shares to be subscribed by them before any person who will act as witness and will sign in the witness column that the subscribers have signed in his presence. The word subscribers here used is because of the reason that these subscribers will subscribe for the shares in the company at time of incorporation and will invest the minimum capital i.e. Rs. 1, 00, 000. They will contribute the amount by way of cash or cheque when the company gets incorporated and shares will be allotted to them followed by the share certificates6. After the MOA and AOA are drafted, Director will take the Professional Service i.e. from CA/ CS/ CWA to incorporate the company. Professional Service is mandatory as for incorporation, E Forms 1, 18 and 32 are to be filed which are to be Digitally signed by any One Director followed by Digital Signatures of Professional who signNow that all the documents and information is correct one.7. Form 1, 18 and 32 are to be filed online after the MOA and AOA are drafted. The E Forms have been described as follows:E Form 1: In such form, the Director is to give declaration that he is going to incorporate the company and the information filled is true and to the best knowledge to him. Information entered in E Form 1 is: The Authorised and Paid up capital of the company, Particulars of Promoters along with information of at least 2 Directors, The information about the companies in which such promoters are already acting as directors, The Stamp Duty fees to be paid and to attach the scanned copies of MOA and AOA along with their tables, duly signed by all the directorsE Form 32: In this E Form, the applicant is to give information about the first Directors of the company i.e. email id etc along with their(i) DESIGNATION i.e. Director/ Additional Director/ Managing Director(ii) Category i.e. Promoter/ Professional/ Independent/ Chairman/ Executive Director/ Non Executive DirectorThis E Form 32 is then digitally signed by one Director followed by signatures of Professional who will give verification that the appointed director has given declaration to the company that he/ she is not disqualified and not declared as an offender by any Court. The attachment in case of Private Limited Company in form of consent by Director to act as Director is optional but it is better to attach the same.E Form 18: The Applicant is to give here the office address as well as nearby police station address. Here the Applicant is required to attach the scanned copies of Rent Agreement for the office in case the office is taken on rent OR NOC from the person/ entity if the office is not taken on rent. The Proof of registered office address is mandatory which can be electricity bill/ telephone bill on any individual name but must be of that building where the office is to situate exhibiting that the building is in existence and not a fake one. This documents is to be digitally signed by the Director followed by Professional signNowing that he has visited the particular address given in E Form 18 and verified the same.8. The Applicant will then make the payment of Government Fees as well as Stamp Duty Fees through Credit Card or Net Banking after the E Forms are filed if the Government Fee is less than Rs. 50, 000 and can pay by challan to be deposited in bank if the fee is more than Rs. 50, 000. The E Forms then will be checked by the ROC at their level. And will approve if found all the information in order or may not approve if require some extra information or of the information is not in order. Then the applicant is to give that information and to file the necessary documents if requisite E Form 61 or to re-submit the forms if any form is not found in order.9. If the E Forms are found to be in order and gets approved by ROC, Certificate of Incorporation will be generated and will be dispatch online at the email id of the person/ entity given in the e forms.10. The Directors are to get the MOA AOA printed and to comply all the compliances after the company gets incorporated.Conclusion: Hope this above article will serve the purpose of incorporation of the Private Limited Company Registration for those Individuals/ Professional/ Business Man who does not find the required matter/ detailed Practical information etc. over the internet or somewhere else.
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What is the best Contract Lifecycle Management system (from your experience)?
Like others in this thread, I agree that it depends on the specific features your industry/company demands. Hopefully one of the following tools will suit your needs.We did a huge crowd-sourcing of the best sales tools out there in different categories. This list of contract lifecycle managementt tools might do some service here. These should help you get your email workflows to be more efficient and easier to track throughout campaigns.The whole list of all 157 tools in different categories is here —-> Sales Tools: The Complete List (2017 Update) | Sales HackerHere are the ones we highligh...
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What are the registration charges for house purchase including GST in Telangana?
Generally, the property or land registration procedure is the same in every state of the India; however, the percentage may differ. If you pay the registration charges, then you will be going to get the possession of the property. For that reason, there are some important steps that you should not miss at any cost. The process of buying the property remains incomplete till it is registered in the name of the owner. Once you have gone through it, you will be able to defend the property in case of frauds or disputes. Registering it with the state government and give the levied charges is also important. It is about the land registration charges.Telangana Registration Fees and Stamp Duty:At the same time, flat registration charges in Hyderabad/Telangana are interlinked to the registration charges. It means that the rates of both registration and stamp duty charges are dependent on the price of the property registered, or the ready reckoner rate like for flats or apartments that are under construction.According to the GST, the initial two-service tax and VAT will be included and the new rate will be twelve percent from the current 5.75 percent. As the registration charge is a state subject, stays the same taking the total sum of the tax to 18.1%. The explanation of taxes for building materials will be included in the costs. That means, the compliance costs will go higher that will be moved to the customers. Based on the GST terms, it is an important thing to pay registration charges for apartment build-up area, land, and undivided share of land. A customer will have to experience the Telangana stamps and registration process while registering the property.Required Documents Needed For To Buy/Sell Property :To meet the legal needs and get the property registered, it is important to have the legal documents required for the purchase of a property. You need to present the below-mentioned documents at the time of the property registration:DD or Challan that proofs the payment of the full stamp duty Telangana, registration fee, transfer duty and user charges.Two witnesses, who will recognize the parties and ID cards with photos of these individuals.A photograph that captures a frontal view of the property.Section 32A photo form of witnesses or claimants or executants.Witnesses and executant’s address proofSPA or GPA, if any in original along with the Photostat copyLink document copiesYou can also submit e-challan registration Telangana. You must give all the original documents that bear a signature of all parties. The government has provided an apartment or flat registration and plot registration documents along with property registration charges online so that people can save a lot of time, making the overall procedure quick and easy. On the web, you can also come to know about the gift deed and non-occupancy charges.Now, the main thing to know is that how to calculate registration charges on property in Hyderabad, read as follows:Property value- Rs.10 lakh (Example)Stamp duty payable= Property value*4/100, registration fees= Property value*0.5/100, transfer duty= Property value*1.5/100Total cost-Rs. 100000 + 40000 (stamp duty paid) + 5000(registration fees) + 15000(transfer duty)= Rs. 10,60,000Wazzeer - Smart Platform for Legal, Accounting & Compliance services.
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What is business model for e commerce?
Business - to - Business (B2B)Website following B2B business model sells its product to an intermediate buyer who then sells the product to the final customer. As an example, a wholesaler places an order from a company's website and after receiving the consignment, sells the end product to final customer who comes to buy the product at wholesaler's retail outlet.Business - to - Consumer(B2C)Website following B2C business model sells its product directly to a customer. A customer can view products shown on the website of business organization. The customer can choose a product and order the ...
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How can I register a marriage in India?
In India, the procedure for marriage registration is common for all States. There is no such separate laws for different states. In India, a marriage can be registered under either of the two Marriage Acts: the Hindu Marriage Act, 1955 or the Special Marriage Act, 1954.The Hindu Marriage Act is applicable only to the Hindus, whereas the Special Marriage Act is applicable to all citizens of India. The Hindu Marriage Act provides for registration of an already solemnised marriage. It does not provide for solemnisation of a marriage by the Registrar. The Special Marriage Act provides for solemnisation of a marriage as well as registration by a Marriage Officer.Procedure to apply marriage certificate in India-Under the Hindu Marriage Act-Parties to the marriage have to apply to the Registrar in whose jurisdiction the marriage is solemnised or to the Registrar in whose jurisdiction either party to the marriage has been residing at least for six months immediately preceding the date of marriage.Fill the Application form duly signed by both husband and wife.Verification of all the documents is carried out on the date of application and a day is fixed for the appointment and communicated to the parties for registration.Both the parties have to appear before the Registrar along with their parents or guardians or other witnesses.The Certificate is issued on the same day.Documents Required-Completely filled application form signed by both husband and wife Proof of Address- Voter ID/ Ration Card/ Passport, Driving License;Proof of Date of Birth of both husband and wife 2 passport sized photographs,1 marriage photographSeparate Marriage Affidavits in prescribed format from Husband & Wife Aadhaar Card All documents must be self attested.Marriage Invitation Card.2. Under the Special Marriage Act:The parties to the intended marriage have to give a notice to the Marriage Officer in whose jurisdiction at least one of the parties has resided for not less than 30 days prior to the date of notice.If either of the parties is residing in the area of another Marriage Officer, a copy of the notice should be sent to him for similar publication.The marriage may be solemnised after the expiry of one month from the date of publication of the notice, if no objections are received.If any objections are received, the Marriage Officer has to enquire into them and take a decision either to solemnise the marriage or to refuse it.Registration will be done after solemnisation of the marriage.However, for marriage in India the bridegroom and the bride must have completed 21 years and 18 years of age respectively. Documents for both will be same.If you are in need of a top most Lawyer for Marriage Registration in Maharastra then you can signNow out to Legalresolved which is an online platform where you can find solutions to your legal queries, contact lawyers for legal aid, and manage appointments with the best and topmost lawyers in your city or you can also contact us on 08929-902-903.
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How are cracked versions of software created and why are developers not able to prevent it?
Cracked versions of software are created with the use of debuggers. (A debugger is a special type of software that lets programmers deconstruct their software into its constituent parts for the purpose of finding bugs, and thus de-bugging. Additionally debuggers can be used for reverse-engineering, or to see what is inside the software, to learn its logic. The latter method is used mostly by malware researchers to study what malware (or computer viruses) do on-the-inside. But it can be also used by an attacker to "crack" (or bypass) legal software registration, or at times, to alter normal behavior of software, for instance by injecting a malicious code into it.)For the sake of this example, I will assume that the software that is being "cracked" was compiled into a native code, and is not a .NET or a JavaScript based application. (Otherwise it will be somewhat trivial to view its source code.) The compiled native code is a bit more tricky "beast" to study. (Native means that the code executes directly by the CPU, GPU, or other hardware.)So let's assume that the goal of an attacker is to bypass the registration logic in the software so that he or she doesn't have to pay for it. (Later for lolz, he or she may also post such "crack" on some shady online forum or on a torrent site so that others can "use" it too and give him or her their appreciation.)For simplicity let's assume that the original logic that was checking for the software registration was written in C++ and was something similar to the following code snippet:In this code sample "RegistrationName" and "RegistrationCode" are special strings of text that a legitimate software user will receive after paying for the license. (The name is usually that person's actual name or their email address, and the code is some string of unique/special characters that is tied to the name.)In the logic above, the function named "isRegistrationCodeGood()" will check if "RegistrationName" and "RegistrationCode" are accepted using some proprietary method. If they are, it will return true. Otherwise false. That outcode will dictate which branch (or scope) the execution will follow.So the logic above will either show that registration failed and quit:Or, if the registration code and name matched, it will save the registration details in persistent storage (such as the File System or System Registry) using the function named "rememberRegistrationParameters()" and then display the message thanking the user for registering:A "cracker" will obviously want to achieve the second result for any registration code that he or she enters. But they have a problem. They do not have the C++ source code, part of which I showed above. (I hope not!)So the only recourse for an attacker is to disassemble the binary code (that always ships with software in the form of .exe and .dll files on Windows, and mostly as Unix executables inside the .app packages on a Mac.) An attacker will then use a debugger to study the binary code and try to locate the registration logic that I singled out above.Next you can see the flowchart for a snippet of code that I showed in C++, presented via a low-level debugger. Or, as the code will be read in the binary form after compilation:(For readability I added comments on the right with the names of functions and variables. They will not be present in the code that an attacker could see.)(To understand what is shown above an attacker will have to have good knowledge of the Assembly language instructions for the native code.)I also need to point out that having a disassembly snippet like the one above is the final result for an attacker. The main difficulty for him or her is to locate it among millions and millions of other similar lines of code. And that is their main challenge. Not many people can do it and that is why software "cracking" is a special skill.So having found the code snippet above in the software binary file a "cracker" has two choices:1) Modify (or patch) the binary.2) Reverse-engineer the "isRegistrationCodeGood()" function and copy its logic to create what is known as a "KeyGen" or "Key Generator."Let's review both:The first choice is quite straightforward. Since an attacker got this far, he or she knows the Intel x64 Instruction Set quite well. So they simply change the conditional jump from "jnz short loc_7FF645671430" at the address 00007FF645671418 (circled in red in the screenshots) to unconditional jump, or "jmp short loc_7FF645671430". This will effectively remove any failed registration code entries and anything that the user types in will be accepted as a valid registration.Also note that this modification can be achieved by changing just one byte in the binary code from 0x75 to 0xEB:But this approach comes with a "price" of modifying the original binary file. For that an attacker needs to write his own "patcher" (or a small executable that will apply the modification that I described above.) The downside of this approach for an attacker is that patching an original executable file will break its digital signature, which may alert the end-user or the vendor. Additionally the "patcher" executable made by an attacker can be easily flagged and blocked by the end-user's antivirus software, or lead criminal investigators to the identity of the attacker.The second choice is a little bit more tricky. An attacker will have to study "isRegistrationCodeGood()" function and copy it into his own small program that will effectively duplicate the logic implemented in the original software and let him generate the registration code from any name, thus giving any unscrupulous user of that software an ability to register it without making a payment.Vendors of many major software products understand the potential impact of the second method and try to prevent it by requiring what is known as "authentication." This is basically a second step after registration, where the software submits registration name to the company's web server that returns a response back to the software of whether the code was legitimate or not. This is done by Microsoft when you purchase Windows (they call it "Activate Windows") and also by signNow, and many other companies. This second step may be done behind-the-scenes on the background while the software is running, and will usually lead to cancellation of prior registration if it was obtained illegally.So now you know how software is "cracked".Let me answer why it is not possible to prevent it. It all boils down to the fact that any software code needs to be read either by CPU (in case of a binary native code) or by an interpreter or a JIT compiler (in case of JavaScript or .NET code.) This means that if there's a way to read/interpret something, no matter how complex or convoluted it is, an attacker with enough knowledge and persistence will be able to read it as well, and thus break it.There is an argument though that cloud-based software is more secure, which is true, since its (binary) code remains on the server and end-users do not have direct access to it. And even though cloud-based software is definitely the future, it has some major drawbacks that will never allow it to fully replace your conventional software. To name just a few:Not everyone has an internet connection, or is willing to upload their data online. Additionally someone’s internet connection can be very expensive or too slow to make the software run very laggy.Then there’s a question of distributed computing. For instance, Blizzard Entertainment would never make “World of Warcraft” to fully run on their servers due to immense computational resources needed to render every single scene for every player they have. Thus it is in their best interest to let each individual user’s computer to do the rendering instead.As a software developer myself, I obviously don't like when people steal software licenses. But I have to accept it and live with it. The good news is that there are not that many people who are willing to go extra mile and search for a cracked version of software. The main problem for those who do, is that by downloading a patched executable, or an attacker's KeyGen or a Patcher, they are effectively "trusting" him or her not to put anything "nasty" into it that was not "advertised on the package" (stuff like trojans, malware, or keyloggers.) So the question for those people becomes -- is it worth the cost of the software license to potentially infect your system with a nasty virus?On the other side of the equation, some developers react very negatively to any attempts to steal their software licenses. (I was there too.) They try to implement all kinds of countermeasures -- anything from tricking reverse-engineers, to adding booby traps in the code that may do something nasty if the code detects that it is being debugged, to obfuscating or scrambling the code, to enforcing all kinds of convoluted DRM schemes, to blocking users from certain countries. I personally try to stay away from all of those measures. And here's why:A) Any kind of anti-reverse-engineering tactics could be bypassed by an attacker with enough persistence. So why bother and waste my time when I can invest that time into adding something useful to my software that will make it more productive for legitimate users?B) Some code packers could create false positives with antivirus software, which is obviously not good for marketing of that software. It also creates unnecessary complexity for the developer to debug the software.C) Adding booby traps in the code can also “misfire” on your legitimate users, which will really infuriate them and can even lead to lawsuits.D) Any DRM scheme will probably catch some 100 illegal users and greatly inconvenience 10,000 legitimate ones. So why do it to your good customers?E) Our statistics show that about 75% of all illegal licenses come from China, Russia, Brazil, to name the worst offenders. (I also understand that the reason may be much lower incomes that people have in those countries.) The main issue for us though was the fact that if we enforce our DRM or add some strong registration authentication, many people that wanted to bypass our registration would simply use a stolen credit card number. And we had no control over it. Our system will use it to send them a legitimate license only to have the payment bounce in weeks time. As a result we would lose the money that were paid for the license, plus the credit card company will impose an additional chargeback fee to our account, which may range from $0.25 to $20 per bad purchase on top of the license cost.F) As was pointed out in the comments, some companies may actually benefit from allowing pirated copies of their software. Microsoft for instance gets a lot of free publicity from people using their Windows OS, the same goes for signNow with their Photoshop. That is a good point that I agree with.So my philosophy is now this -- if someone wants to go extra mile and steal our software, go for it! They went this far to do it anyway, so they probably have a good reason. On the positive side there are so many other customers that appreciate the work that goes into creating software that greatly outnumber those that don’t.PS. Thank you for all your feedback! It makes me feel good that the knowledge I shared is useful to others.
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How do I become a GST practitioner?
In the GST regime, it is mandatory that before start helping one’s clients, one needs to register oneself as a GST Practitioner. In the present perspective, the process of GST migration has been in its full swing.There are numbers of businesses which are still oblivious regarding the appropriate procedure required for filing GST Returns and uploading invoices online. So they strictly require to contact/appoint an experienced, affordable and credible professional who can help them to deal with the new GST terms effectively.Sec. 48 of the CGST Act clearly mentions about the Conditions, Eligib...
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Do we need multiple digital signatures (DSC) in India for different purposes, like e-tendering, IT, GST etc.?
Click here for digital signatureClass 3 Digital Signature Use for all Type UsesA Digital Signature Certificate (DSC) is essential for companies and organizations that take part or intend to take part in eTendering processes on various Government sites. Besides enabling eTendering which is extremely convenient and transparent, a Digital Signature Certificate also ensure greater security in other online transactions.Digital Signature Certificate and e-Tenderinge-Procurement facilitates, integrates, and streamlines procurement processes. From buyer to supplier and even back. Approved under the Information Technology Act, and with legal status, a Digital Signature Certificate is essential for all e-Procurement processes.Applying for a government tender online has many advantages. Since documents are uploaded to a central site, acknowledgements and receipts are provided immediately. Which is not the case with paper documents that need to be scanned and verified before being processed.e-Procurement has gained signNow popularity and acceptance as it brings greater transparency to the whole system. Among other benefits, it helps buyers and bidders overcome geographical limitations, reduce procurement cycles, and overall helps keep pace with present technology.Any organisation that is looking to apply for any Government eTender needs to have a Class 3 Digital Signature Certificate registered in the name of a representative who is authorised to submit online offers for e-Tendering applications.
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