Salient Features of Budget 2018

1. No change in Tax Rate. All persons including individuals, HUF, Firms and Companies to pay same tax . However Education cess is being increased from 3 to 4 % to be knon as Education and Health cess.

2. However  for Domestic Companies having total turnover or  gross receipts  not exceeding  Rs. 250 crores in Financial year 2016-17 shall be liable tp pay tax at 25% as against present ceiling of Rs 50 crore in Financial year 2015-16.

3. Long term Capital gain exemption under section 10(38) in respect of listed STT paid shares being withdrawn.

4. However capital gain up to 31.1.2018 shall not be taxed as cost of acquisition will be taken as Fair Market Value as on 31.1.2018.

5. Tax on STT paid long term capital Gain will be 10% under Section 112A. Further such tax will be liable for TDS.

6. Standard Deduction of Rs 40,000 for salaried employees. However benefit of transport allowance of Rs 19,200 and Medical Reimbursement  of Rs 15,000 under Section 17(2) are beinf withdrawn. Thus net benefit to salaries class only Rs 5,800
7. Provision of Section 43CA, 50C and 56(2)(x) being amended to allow 5%  of sale consideration in variation vis a vis stamp duty value. On account of location, disadvantage etc.

8. Provision of section 40(ia) and 40A(3) and 40A(3A)are being made applicable to Charitable Trust . Hence expenditure incurred without deduction of tax and in cash will not be eligible as application of income under section 10(23C) and section 11(1)(a).

9. Agriculture Commodity Derivates income /loss  also not to be considered as speculative under section 43(5).

10. Income Computation and Disclosure Standards(ICDS) being given statutory backing in view of decision of Delhi High Court decision.

11. Marked to market loss computed as per ICDS to be allowed under section 36.

12. Gain or loss in Foreign Exchange as per ICDS to be allowed under new section 43AA.

13. Construction Contract income to be computed on percentage completion method as per ICDS.

14. Valuation of Inventorty including Securities  to be as per ICDS.

15. Interest on compensation, enhanced compensation. Claim or enhancement claim and subsidy, incentives to be taxed in the year of receipt only as per new Section 145B.

16. Conversion of stock in trade to capital asset to be charged as business income in the year of conversion on Fair Market value on the date of conversion.

17. 54EC benefit of investment in Bonds to be restricted to Capital gain on land and building only. Further period of holding being increased from 3 years to 5 years.

18. PAN to be obtained by all entities  including HUF other than individuals in case aggregate of financial transaction in a year is Rs 2,50,000 or more. All directors, partners, members of such entities also to obtain PAN.

19. All companies irrespective of income to file return and in case it is not filed, such companies will be liable for prosecution irrespective of the fact weather it has tax liability of Rs 3,000 or not.

20. Assessments to be E assessment under new section 143(3A).

21. No adjustment under section 143(1) while processing on account of mismatch with 26AS and 16A.

22. Deemed divedend to be taxed in the hands of the company itself as Dividend Distribution of tax @ 30%.

23. Penalty  for non filing financial return as required under section 285BA being increased to Rs 500 per day

Food To Kill Parasites From The Body Naturally

Parasites are everywhere, they can cause infections and diseases once they enter our body. However, food and drink are not the only means of transmission, they can be found in the air we breathe, or into the body through insects, animals, or others. The parasites present in the intestines, can wreak havoc on the immune system and take important nutrients in your body. In addition, they can also cause a number of health problems. To restore the body's natural balance, you need to eat natural foods that have anti-parasitic properties. Like the following foods that are able to remove parasites from within your body.

Foods and Herbs which can be used for parasite treatment

food that kills parasite

  1. Turmeric: Turmeric is one of the most powerful and safe herb to be used regularly for maintaining health and to use as medicine. It it works as anti-cancer, anti-inflammatory, wound-healing, worm-expelling, and an overall body purifier. It can be consumed with milk, warm water and along with honey for benefits.
  2. Garlic: Garlic is the most versatile food and has a long list in its benefits for health. Garlic is helpful in removing parasites, such as giardia and roundworms.
  3. Onions: Onions are abundant sulfur compounds that have anti-parasitic properties. Onion juice is very effective for treating intestinal worms, especially to kill tapeworm and thread worms. If you suffer from intestinal worms, take 2 teaspoons of onion juice 2 times a day for 2 weeks.
  4. Clove: Cloves contains the most powerful germicidal and antimicrobial agent known as eugeno and caryophyllene respectively. Cloves have been tested for their antibacterial properties against a number of human pathogens. The extracts of cloves were potent enough to kill those pathogens.
  5. Virgin coconut oil or Pure coconut oil. Coconut is an important nutrient-rich food. High content of natural saturated fat gives virgin coconut oil the ability to remove parasites in the body. This natural ingredient is able to detox and prevent the development of worms and giardia.
  6. Pumpkin seed: Pumpkin seeds have a natural worm effect on the digestive system, which means it can fight intestinal parasites. Pumpkin seeds do not kill the parasite, but help the body to remove it.
  7. Papaya seeds: Papaya seeds have many health benefits, one of which is able to remove parasites attached to the intestine. You can sprinkle it on salads and other dishes, or eat them instantly like pumpkin seeds.
  8. Pineapple: Pineapple is an abundant bromelain enzyme that can help remove some parasitic infections, such as tapeworms.

Wada Karle Sajna Lyrics - वादा कर ले साजना

Wada Karle Sajna Lyrics, Sung By : Lata Mangeshkar and Mohammad Rafi

Wada Karle Sajna Lyrics

Vada Kar Le Sajana
Tere Bina Mai Naa Rahu, Mere Bina Too Naa Rahe
Naa Honge Juda, Yeh Vada Raha - (2)
Mai Dhadkan Too Dil Hai Piya, Mai Batee Too Meraa Diya
Ham Pyar Kee Jyot Jalaye
Mai Rahee, Meree Manjil Hai Too
Mai Hu Lehar Aur Sahil Hai Too, Jivan Bhar Sath Nibhaye
Aa Aa Aa Aa Aa....... Vada Kar Le Janeja
Tere Bina Mai Naa Rahu, Mere Been Too Naa Rahe
Ho Ke Juda Yeh Vada Raha, Naa Honge Juda Yeh Vada Raha
Jabse Mujhe Teraa Pyar Mila
Apanee Toh Hai Bas Yahee Duwa
Har Janam Yu Milake Rahenge
Sundar Sa Ho Apna Jahan, Pyar Apna Rahe Sada Jawan
Ham Sukhdukh Milake Sahenge
Aa Aa Aa Aa Aa....... Vada Kar Le Janeja
Tere Bin Mai Naa Rahu, Mere Bin Too Naa Rahe
Hoke Juda Yeh Vada Raha, Naa Honge Juda Yeh Vada Raha

Axis Bank Credit Card Status Online

It is very easy to check Axis Bank Credit card status. You just need to follow the simple steps mentioned below and can get the status of credit card application. You just need to keep handy with Application ID which you must have received while applying for credit card.

  • Visit axis bank url . You will be able to see a web form similar to below picture.
  • Fill Your Application ID in the mentioned text box
  • Submit the form get information about your Credit Card Application status.

Axis Credit Card Status Form

axis credit card status

Check Credit card status for other banks :

Different banks provide different mechanism for credit card processing. Find below ways to check credit card status for HDFC, Kotak Mahindra, ICICI and SBI Banks.