2014 in review

The WordPress.com stats helper monkeys prepared a 2014 annual report for this blog.

Here’s an excerpt:

The Louvre Museum has 8.5 million visitors per year. This blog was viewed about 440,000 times in 2014. If it were an exhibit at the Louvre Museum, it would take about 19 days for that many people to see it.

Click here to see the complete report.


Govt. Directions to CHS for making documents available

GOVERNMENT DIRECTION TO CHS FOR MAKING DOCUMENTS AVAILABLE TO MEMBERS AND EVEN TO AUTHORISED 3 RD PARTY

Courtesy : J.B.Patel (Jeby), Housing Societies’ Activist, Mobile:9820538570
GOVERNMENT DIRECTION TO CHS FOR MAKING DOCUMENTS AVAILABLE TO MEMBERS AND EVEN TO AUTHORISED 3 RD PARTY

9 Volt Batteries can burn down your House if stored inproperly


Survey on Health Hazards in Cosmetic Products

We at Consumer Education & Research Center (CERC) are working on a project on “Health Hazards in Cosmetic Products”.

As you may be aware, the Indian cosmetics Industry is estimated at Rs. 150 billion and is expected to grow at over 10% annually but the cosmetics industry as a whole has not kept pace with safety innovations due to a weak regulatory system that encourages ignorance about chemical hazards. There are various harmful chemicals present in cosmetics, of which several test findings have shown the presence of heavy metals. Moreover, cosmetics are used almost on a daily basis; hence even minute amounts of chemicals which are applied regularly will cause a cumulative effect.

We are conducting a research survey on cosmetics.  The objective of the survey is to analyze the general prevailing rules as well as to understand regulations concerning cosmetics safety in India. Survey will also reveal the present status of the level of awareness of the health hazards in the cosmetic products. It will also help us to understand the common consumer’s concern with respect to safety and a thorough understanding of the product safety issues for the cosmetic sector.

A gentle reminder to kindly respond to our earlier survey on cosmetic product safety.

https://www.surveymonkey.com/s/WP8HSQB

This survey questionnaire (Part II) deals with specific categories of cosmetics under study; namely kajal, eyeliner, lipstick, hair dye and nail polish.

We would be obliged if you could send us your completed questionnaire latest by December 19, 2014.

Kindly find a questionnaire at the links given below.
https://www.surveymonkey.com/s/7BMR2D3

Thanking you,

Yours faithfully,

Anindita Mehta

DGM – Laboratory

Consumer Education & Research Center


ASCI upholds complaint against Bajaj Allianz false advertising


Ensure your LPG Subsidy in Bank and Prevent its Misuse

Join PAHAL (DBTL)

ENSURE YOUR LPG SUBSIDY IN BANK AND PREVENT ITS MISUSE

Launched in 54 districts on 15.11.2014 and To Be Launched in Rest of India on 01.01.2015

If you had joined the previous PAHAL (DBTL) scheme and had got the advance/subsidy in your Bank Account then – You don’t have to do anything again.

PAHAL (DBTL) Beneficiaries (in Cr.) 03.92, Cash Given (in Rs. Cr.) 5748.62

About the PAHAL (DBTL) Scheme

  • Consumers will need a bank account to join the scheme and receive LPG subsidy
  • Consumers will also get one time permanent advance in their bank account prior to buying the first market priced LPG cylinder
  • Consumers will receive subsidy in their bank account as per their entitlement of subsidized cylinders
  • Till consumers join the scheme they will get cylinders at:
    • Subsidized price for 3 months w.e.f 15.11.2014 till 14.02.2015
    • Market price for next 3 months, but the subsidy due will be given to them if they join the scheme within these 3 months i,e till 14.05.2015
  • W.e.f 15.05.2015 all LPG consumers will get cylinders at market price and only those who join the scheme will receive one time permanent advance & subsidy from the date of joining
  • To join the scheme and receive subsidy, consumers should use, Option 1 if they have Adhaar andOption 2 if they don’t have Aadhaar:
If you have Aadhaar Click Here
Primary Option 1 – Aadhaar based cash Transfer
If you don’t have Aadhaar Click Here
Secondary Option 2 – Non Aadhaar based cash Transfer

http://petroleum.nic.in/dbt/index_option1.php                     http://petroleum.nic.in/dbt/index_option2.php


Ensure that your TDS reaches the income-tax department

If not, an assessee might be charged interest for not paying TDS on time

There are several instances of taxpayers getting notices from the I-T department for no fault of theirs. Notices might be sent if TDS hasn’t been deducted, or if the TDS has been deducted but not paid to the I-T department on time.

If a bank doesn’t deduct TDS on fixed deposits, or does this after the end of the financial year, the onus is on the taxpayer to show he/she doesn’t intend to avoid tax, that it was merely an error. One of the ways to go about this is showing the interest income while filing tax returns and paying taxes. In case this isn’t done, you could file a revised return. But ensure you revise the tax return before the end of the next assessment year, says Rakesh Nangia, of Nangia and Company, chartered accountants.

However, if the interest income is being declared on a cash basis, the assessee can carry forward the TDS by the bank and clam credit in the year in which the income is taxed. In case the fixed deposit is for five years, you could carry forward the TDS and pay it in the last year, when it matures.

Click Here for the full story from Business Standard