Friday, October 20, 2017

Latest Offers, News, Current Affairs

Latest Offers, News, Current Affairs


#9: Happy Bhai Dooj (Cute Siblings) – E-mail Amazon.in Gift Card

Posted: 20 Oct 2017 01:54 AM PDT

Happy Bhai

Happy Bhai Dooj (Cute Siblings) – E-mail Amazon.in Gift Card
by Amazon.in
(3131)

Buy:   1,000.00

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Don’t break brains over stocks; 5 easy ways to make money online

Posted: 20 Oct 2017 01:51 AM PDT

There are those who blame the government for dearth of jobs, and then there are those who sit at home and make money on the internet at leisure. And how! Rapid digitalisation and a rise smartphone use have created options for minting money on the internet; including through equity trading. It can be as simple as monetising videos to earn enough for your bread and butter. But there are also those, who sell tutorials online. Here is a list of options that can help you to make money online: Equity trading Most brokerages offer mobile applications for equity trading from anywhere. The first step is to open demat and trading accounts with a reputed brokerage firm. Next, decide if you are into it for the long term or short term. This approach will help you select plans where you pay the least brokerage commission. Learn the language of online trading by going through different types of orders, securities and how to execute them. Once you have learnt the basics, shift some money from your bank account to your trading account. Equity trading is just like buying or selling any other article. Start by buying shares of companies which operate in sectors or industries you know about. By tracking share price fluctuations, you can enter a stock at low levels and make a profit when it goes up, says Anil Rego, CEO and Founder, Right Horizons. Concentrate on 4-5 stocks at the beginning. But overlook penny stocks, and avoid trading based on rumour and speculation. Many college students, housewives and retired persons are making good money by trading in equities online, Rego said. One should always check company balance sheet, management quality, valuation comfort and business models before investing in a stock, says G Chokkalingam, Founder, Equinomics Research and Advisory. Look for PTC sites If you are trying to earn money online and need only small extra income, then 'Paid to Click' (PTC) websites can be a great option. On PTC sites, you can earn money by completing small surveys, which take 5-30 minutes depending on the requirement of a particular company. There is another version of this work, where you get paid for searching the web, and posting marketing-linked comments on different websites. Find out a trusted PTC site, and then start working for it. Be sure to check out the payment method, taxes and fees related to payout. Hosting ads on your blog or website Television channels make most of their money by showing you advertisements (ads). With a good website or blog, you too can earn a handsome amount of money by hosting ads. The catch in this space is that your web property should be popular, should not host controversial things and should adhere to advertiser standards. More options mean more opportunities for revenue. Choose the right types and formats of ads for your website or blog. When a visitor views or clicks an ad on your website, you will automatically earn money. It's that easy and simple. Ad programmes pay money once a certain amount is accrued in your account. Google is one of the sources through which one can place suitable ads on your website. Review websites and applications There are many upcoming product companies that are looking at various ways to make their products popular. By signing up as a reviewer for these websites and app companies, you can make some cash online. Once you become a reviewer, you have to write 300-500-word reviews on select products. If the company approves of the review, payment will be sent to you. While some websites and apps do pay good money, most don't pay that much. If you have the time to kill, you can spend it earning some extra cash, instead of just surfing the web. Sell photos, monetise videos Another way to monetise your time on internet is by selling stuff like photos, videos and used items that have some novelty or economic value. With smartphones and video cameras, most people have tonnes of content available. Video agencies pay top dollar for photos or videos if you sell the rights to them. These agencies sell/ re-sell the same to their clients, depending on requirement. Offloading used appliances, items, furniture and goods is also a good way to earn money. "Things that you have not used for over a year should be sold first, by posting a detailed description and price tag on websites like OLX and Quickr," said Rego. Monetising your videos through YouTube can also help you generate good money.
Source: ET

Is GST on right track? Challenges tell a sombre story

Posted: 20 Oct 2017 01:51 AM PDT

By Gaurav Shukla While the noise of lower GDP numbers is troubling the Government, the challenges of GST implementation is making it look more adverse. On completion of three months of GST rollout, the Finance Minister and the GST Council reviewed the challenges faced by the business during the first quarter of GST, as they had promised during the GST rollout. Before we look at the key highlights of changes proposed by GST council, we should review the key challenges of GST during its first quarter after rollout. 1. GST awareness: It would not be an exaggeration that till today large number of businesses do not understand the concept and requirements of GST, so we can imagine the level of confusion during the initial days of GST. Due to lack of awareness people were initially reluctant to do large and new trades, which has caused a big road block to the acceptance of GST and as a result have impacted the businesses drastically. 2. Tax on reverse charge from unregistered vendors: This particular clause has proved to be the biggest roadblock of GST journey so far. As per section 9 (4) of Central Goods and Services Tax Act, every registered person is required to pay tax on reverse charge basis on the purchases made from unregistered vendors. This has impacted business in following ways: a. Big businesses have started to avoid purchases from unregistered vendors, as it would have implied additional compliance and blocking working capital block. This in turn has resulted in small business closing down due to reduction in customer base. b. Additional working capital requirements, as businesses are supposed to discharge the tax liability in cash and credit cannot be utilised for the payment of reverse charge tax. c. Challenges in maintaining accounting records as businesses are required to report such purchases separately. This became an additional requirement for them to maintain detailed accounting of such purchases. 3. Technology: Challenges for technology were on both sides for Govt and businesses, let us understand both in detail: a. GSTN Portal – Till now we were getting a feel of challenges for businesses, but GSTN portal is a bigger technology challenge for Government. Due to delayed implementation of GSTN portal, the government was forced to delay the monthly compliance multiple times and as a result the last day to comply for July transactions was set for October 10 for GSTR-1. Even today, most of the basic functionalities of key fields like address, additional place of business are not completely available on GSTN portal. Most of the businesses trying to comply with GST on GSTN portal have complained about inconsistent results shown on GSTN portal. Till now the basic structure of GSTN portal is not completely operational, which has forced number of businesses to delay their compliance. In addition to this, there is a lack of understanding about GSTN portal with different departments under GST. The GST department was often clueless when specific queries were raised by tax payers about compliances and requirements. Lastly the GST portal is not aligned to the frequent changes done by GST council, as number of times it was observed that amendments were made, but necessary changes were not available on GSTN portal. b. Accounting system – Large number of small businesses were not in practice of maintaining proper records historically due to many reasons, but the main reason was that their margins did not allow them to have full time accountant. With GST rollout, they are now required to maintain proper records in order to avail the relevant credits and customer requirements. In order to comply with such requirements, they moved towards available accounting software providing GST solutions, but since GST law is not completely stable, it is difficult for any accounting solution to provide accurate GST compliance reports. Hence being ‘first time users’ of technology these businesses were finding it difficult to adopt these technologies. This has also increased their cost of operations and they started losing time in maintaining records, instead of adding any new business. 4. Challenges to exporters: Exporter of goods and services faced multiple challenges. For the sake of understanding let us divide them in goods and services: a. Challenges for exporter of goods – As per GST provisions exporters were to get monthly refunds to the extent of 90% of taxes paid, subject to the accurate compliance and completion of the procedure for refund. But, due to delay in compliance dates the large amount of working capital from exporters got blocked in inputs and duty payment, as a consequence they had little or no capital available with them for doing business. This has resulted in pulling exports to the lowest levels in comparison to the recent years. b. Challenges for service providers – Since GST applies equally to goods and services, along with lots of benefits it brought certain challenges for service providers as well. Now, under GST regime service providers exporting services are required to take LUT / bond, in order to export without payment of duty. Since most of the small businesses were not eligible for LUT they should have received foreign inward remittances amounting to a minimum of 10% of the export turnover, which should not be less than Rs. one crores, in the preceding financial year, hence they had to apply for Bond. In order to get Bond from assessing officer, each business has to furnish the bank guarantee of certain amount, which pushed them to block certain money in form of fixed deposit, thus resulting in blockage of working capital for them. 5. Tax Rates: One of the first challenges faced by most of the businesses was to get the correct rate of tax applicable on the products they are buying and selling and it took them some time to get the correct rate, which in turn delayed the invoicing to their customers during initial days. While they emerged out of this initial challenge, the real issue of higher tax rates on necessary goods needed to be resolved. GST rates were decided on the basis of old laws, but due to technicalities of GST the hardship of these tax rates could not be envisaged correctly. While these were few challenges responsible for GST pain, the GST council has considered them and have decided on following changes on GTS council meet that happened on October 6: 1. Reverse charge on purchase of goods and services from unregistered vendors has been put on hold till March 31, 2018. 2. There will be no need of any bank guarantee for getting the bond for goods and service exporters. 3. Provisions are made for quick refund process for exporters. 4. Compliance requirements for traders below Rs 1.5 crore have been relaxed and now they have to file quarterly returns instead of monthly compliance. 5. Rates of certain basic goods have been revised downwards. These changes look very positive and should make the GST journey smoother and faster. But, on hindsight the key challenges related to awareness, GSTN portal and key GST rates are yet to be looked into and needs a big push from the government. The writer is a practising Chartered Accountant and an expert in GST.
Source: ET

Hero MotoCorp sells over 3 lakh units on Dhanteras

Posted: 20 Oct 2017 01:51 AM PDT

Country’s largest two wheeler maker Hero MotoCorp today said it has sold a record over 3 lakh units in a single day on Dhanteras — October 17. The company claimed it is the first entity to have achieved such a sales milestone globally. “This festive season has been a blockbuster for Hero MotoCorp. The highest-ever single day retail sales of well over three lakh units on Dhanteras comes on the back of what has been a season of new global records for Hero,” a senior company official told . The company sold a record 7-lakh units in September, the highest ever in monthly sales by any company and also sold over two million units in the second quarter, the official added. It has recently surpassed 75 million units of two- wheelers in cumulative sales since its inception. Hero MotoCorp sold 20,22,805 units of two-wheelers in the second quarter, a growth of 11 per cent, over the same period of previous fiscal.
Source: ET

‘The Walking Dead’ VR scene puts you in the shoes of a walker

Posted: 20 Oct 2017 01:37 AM PDT

Would you submerge yourself in a fear-inducing virtual setting overrun by zombies? That's the world The Walking Dead has expertly crafted during its seven-year run, and now AMC is inviting you to step into it, courtesy of its VR app. You can grab it…

Source: engadget

Tags:
business
current affairs
engadget
business news
news paper

8 crushed to death in TN roof collapse

Posted: 20 Oct 2017 01:32 AM PDT

At least eight people were crushed to death and three seriously injured on Friday when a roof of a building collapsed in Nagapattinam district of Tamil Nadu.

Police said the mishap occurred when the victims, all state transport employees, were sleeping in the resting room at the old bus stand.

Fire service personnel rushed to the spot and rescued three people who were stuck in the debris. The injured were admitted to a hospital.

Transport Minister M R Vijayabhaskar visited the spot and took stock of the situation. This is the second such accident in a state bus stand.

In September, four people died and seven injured when the concrete roof of a bus stand in Coimbatore collapsed.

Source: DH

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News
current affairs
news paper

#10: 300 Unopened Basketball Cards Collection in Factory Sealed Packs of Vintage NBA Basketball Cards From the Late 80’s and Early 90’s. Look for Hall-of-famers Such As Larry J. Bird, Earvin “Magic” Johnson, Charles Barkley, Shaquille O’neal, Hakeem Olajuwon, Michael Jordan, David Robinson, John Stockton.

Posted: 20 Oct 2017 01:22 AM PDT

Independent directors’ pay hikes slim down

Posted: 20 Oct 2017 01:22 AM PDT

The average remuneration of independent directors, which includes sitting fees and commissions, was Rs 6.82 lakh in FY2017 compared with Rs 6.36 lakh in FY2016.
Source: TOI

Want a piece of Ford’s $28 billion hoard? Don’t hold your breath

Posted: 20 Oct 2017 01:16 AM PDT

By Keith Naughton Ford Motor Co. may be both flush with cash and struggling with its stock price, but new chief executive officer Jim Hackett is in no rush to buy Wall Street's love. The carmaker's $28 billion cash pile isn't "burning a hole in our pocket," Hackett said during an hours-long investor day early this month. Since then, Ford's shares have slipped and two analysts have cut their ratings, citing the time it'll take the CEO to turn around the company with self-driving technology and electric vehicles. Hackett answers to Ford's founding family, which controls the company through a special class of stock and has a different agenda than other investors. They prefer a steady dividend over the share buybacks that rival General Motors Co. has been coaxed into by activist investors. While Ford's challenges with its stock price linger, GM is repurchasing $14 billion over three years and winning plaudits for its burgeoning mobility business. "They have too much cash on their balance sheet and they're not doing much with it," David Whiston, an analyst with Morningstar in Chicago, said of Ford management. "They're super protected against a downturn and that's great, but you don't need that much." Ford's cash pile is more than 40 percent above the $20 billion level executives have set as a minimum to weather a recession. Although Hackett, 62, told Wall Street on Oct. 3 that the automaker would be active with M&A, he didn't announce any splashy deals during his much-anticipated address. Investors may grow even more restless after Ford reports quarterly earnings next week that are expected to rise on the strength of truck and sport utility vehicle sales. Shares of GM, which has $5 billion in repurchases planned for 2017, are up about 28 percent this year, while Ford's have slipped 0.4 percent. Ford shares were down 0.9 percent to $12.08 at 9:49 a.m. in New York. While Ford has made clear a buyback isn't in the cards, calling the company tight-fisted would be stretch. It restored a dividend in 2012 and will have paid out more than $15 billion to shareholders since then by the end of this year. "We don't feel uncomfortable having a bit more cash," Bob Shanks, Ford's chief financial officer, said in an interview. "It gives us a bit more flexibility when a downturn does occur and more flexibility to continue to invest in the business and transform the business." Bad Timing Executive Chairman Bill Ford, the great-grandson of Henry Ford, has been clear about his disinterest in stock buybacks. He told investors during the company's annual meeting in May that Ford has a poor track record of timing them. "We tend to do them when the market is close to its peak," he told an investor who asked if the family's aversion to buybacks was a detriment. "Then we go into a downturn and the stock goes down and we end up destroying value. The Ford family wants the stock to go up." Shanks said he has "never been pressured by the family" on how to distribute cash to shareholders. Ford's automotive cash, which excludes its financing unit, swelled after the company borrowed $2.8 billion in December. At the time, Ford said it was looking to make investments toward mobility. In February, Ford announced a $1 billion investment in Argo AI, a startup working on a virtual driver system for autonomous vehicles. That spending will be spread over five years and didn't put a dent in Ford's cash, which is now about $8 billion more than GM is carrying. "We really haven't spent it yet," Shanks said of the money borrowed late last year. "I don't want you to think that I feel like we have to do it by a certain time. We're going to be very thoughtful, very deliberate." Falling Ratings Several analysts found Hackett's plan for accelerating into the autonomous age short on details. Five now recommend buying Ford shares, while 19 rate them a hold and two a sell, according to data compiled by Bloomberg. When Hackett became CEO in May, nine had buy recommendations. Since Hackett's presentation, six analysts have raised their ratings or price targets for GM. "While it's possible that CEO Jim Hackett's plan for Ford will ultimately bear fruit, we believe it will take several years," Brian Johnson, an analyst at Barclays, wrote in a report last week. He dropped his rating on Ford to a hold days after raising GM to a buy. Having extra cash gives Ford more cushion to withstand the losses that will come initially with new ventures in electric and self-driving cars, Shanks said. Cash Cushion "There is pressure on the business in the near term from the investments that are being made today to transition toward greater electrification and the work that's underway for autonomy," he said. "You're in a place where they are not yet economical, so there is margin pressure." Ford also remains scarred by its near-death experience during the global recession. The company avoided the government-backed bankruptcies that its peers in Detroit needed by borrowing about $23 billion in 2006, before credit markets froze. That fortuitous move pushed Ford's automotive cash pile to more than $37 billion within the next year. While Ford doesn't expect the economy "to go over the edge of the earth" again, Shanks said management does feel more comfortable with extra breathing room. "We have not forgotten what happened 10 years ago," he said. "We feel we are OK with where we're at in terms of the cash balance we have."
Source: ET

#10: Muscle Rack UR361860PB4P-SV Silver Vein Steel Storage Rack, 4 Adjustable Shelves, 3200 lb. Capacity, 60″ Height x 36″ Width x 18″ Depth

Posted: 20 Oct 2017 01:13 AM PDT

#8: All Out Ultra Refill (Clear, 2-Pieces)

Posted: 20 Oct 2017 01:06 AM PDT

All Out

All Out Ultra Refill (Clear, 2-Pieces)
by All Out
(67)

Buy:   134.00
3 used & new from   134.00

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#9: Good Morning Bed Bug Killer Powder (Pack of 5)

Posted: 20 Oct 2017 01:06 AM PDT

Good Morning

Good Morning Bed Bug Killer Powder (Pack of 5)
by Good Morning
(297)

Buy:   500.00   440.00

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#6: Electomania™ Set Of 10 Animal Finger Puppet 10 different finger puppets

Posted: 20 Oct 2017 01:03 AM PDT

Electomania Set

Electomania™ Set Of 10 Animal Finger Puppet 10 different finger puppets
by Electomania
(27)

Buy:   295.00

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#8: Parker Vector 9000023209 Standard Fountain Pen Chrome Trim Fine Nib Chrome (Blue) with 3 Free Ink Cart

Posted: 20 Oct 2017 01:03 AM PDT

Parker Vector

Parker Vector 9000023209 Standard Fountain Pen Chrome Trim Fine Nib Chrome (Blue) with 3 Free Ink Cart
by Parker
(93)

Buy:   300.00
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#2: Sachin: A Billion Dreams

Posted: 20 Oct 2017 01:02 AM PDT

Sachin

Sachin: A Billion Dreams
Sachin Tendulkar , James Erskine    U (Universal)   DVD
(6)

Buy:   400.00   199.00
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#5: Saving Private Ryan

Posted: 20 Oct 2017 01:02 AM PDT

Saving Private

Saving Private Ryan
Tom Hanks , Tom Sizemore , Steven Spielberg , Mark Gordon    A (Adults Only)   DVD
(17)

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#7: Role Model

Posted: 20 Oct 2017 01:02 AM PDT

Role Model

Role Model
Fahad Fasil , Namitha Pramod , Raffi    U/A (Parental Guidance)   DVD
(2)

Buy:   140.00
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#8: Hindi Medium

Posted: 20 Oct 2017 01:02 AM PDT

Hindi Medium

Hindi Medium
Irrfan Khan , Saba Qamar , Saket Chaudhary    U (Universal)   DVD
(13)

Buy:   299.00
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#5: Autowizard 2040 Tubeless Tyre Puncture Repair Kit

Posted: 20 Oct 2017 12:59 AM PDT

Autowizard 2040

Autowizard 2040 Tubeless Tyre Puncture Repair Kit
Autowizard
(306)

Buy:   299.00   134.00
7 used & new from   99.00

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#10: Le Gear LE-ASBLACK Arm Sleeves (Black)

Posted: 20 Oct 2017 12:59 AM PDT

Le Gear

Le Gear LE-ASBLACK Arm Sleeves (Black)
Le Gear
(589)

Buy:   299.00   279.00

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#7: A Thousand Splendid Suns

Posted: 20 Oct 2017 12:58 AM PDT

A Thousand

A Thousand Splendid Suns
Khaled Hosseini
(527)

Buy:   319.00   32.00

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#8: Don’t Lose Your Mind, Lose Your Weight

Posted: 20 Oct 2017 12:58 AM PDT

Dont Lose

Don’t Lose Your Mind, Lose Your Weight
Rujuta Diwekar
(739)

Buy:   212.00   25.00

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#9: Word Power Made Easy: The Complete Handbook for Building a Superior Vocabulary

Posted: 20 Oct 2017 12:58 AM PDT

Word Power Made Easy

Word Power Made Easy: The Complete Handbook for Building a Superior Vocabulary
Norman Lewis
(3790)

Buy:   411.00   48.00

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#10: Men Are from Mars, Women Are from Venus: A Practical Guide for Improving Communication and Getting What You Want in Your Relationships: How to Get What You Want in Your Relationships

Posted: 20 Oct 2017 12:58 AM PDT

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