Current News and Valuable Information: February 2015

February 28, 2015

Union Budget 2015 key tax highlights

Budget 2015 key tax highlights:
1. Corporate tax rate to be reduced to 25% from existing 30% for next 4 years
2. Beneficiaries of foreign assets mandatorily required to file returns irrespective of the income
3. Imprisonment of 10 yrs for non-disclosure of black money
4. Foreign asset may get seized if undisclosed
5. PAN mandatory for any transaction for Rs. 1 lakh or more
6. Mere presence of project fund manager in India shall not be construed as Permanent Establishment of offshore funds
7. Income tax on royalty fees for technical services to be reduced to 10% from 25%
8. Abolishment of wealth tax
9. Additional surcharge of 2% on high networth individuals having taxable income of more than Rs. 1 Crore
11. Service tax rate increased to 14% from existing 12.36%
12. Central Excise duty increased to 12.5% from existing 12.36%
13. Service tax and Central excise registration certificates to be issued in 2 working days
14. Health insurance premium deduction limit is increased to Rs. 25,000 from existinh Rs. 15,000
15. All investment made in favour of girl child to be exempted
16. Transport allowance deductibe for tax purpose to be increased to Rs. 1600 pm from existing Rs. 800

Maximum for normal individual as per Finance Minister

Basic Exemption - 250000
80 C - 150000
80 D - 25000
Transport Allowance - 19200
Total - Rs. 4,44,200/-

Highlights of Railway Budget for 2015-16

Highlights of Railway Budget for 2015-16
Cogencis, Thursday, Feb 26
.
MUMBAI - Following are highlights of the Railway Budget for 2015-16
(Apr-Mar), presented by Railway Minister Suresh Prabhu in Parliament today:
.
FARES, FREIGHT
* Emphasis on gauge conversion over next 5 yrs
* Must run fast trains like Rajdhani, Shatabdi
* To up track length by 20% to 138,000 km next 5 years
* Must substantially regain freight mkt share
* No hike in passenger fares

HYGIENE BOOST
* To have professional agencies for railways cleaning
* Ensuring higher standards of cleanliness a priority
* Swachh Rail to be a driving force
* To create new dept for clean stations, trains

MISCELLANEOUS
* 1,219 sections on high density network
* Railway is a unique integrator of India
* Investment in railways to create more jobs
* Under-investment led to reduced efficiencies
* Capacity augmentation suffered over the years
* Railway facilities have not improved in last few decades
* Minister: Cycle of poor invest in railways must end
* Minister Prabhu begins FY16 Rail Budget speech in Lok Sabha
* Aim to make rail a safer means of travel
* Need tighter control on costs
* Freight carrying capacity to be raised to 1.5 bln tn
* Aim to make rail financially self sustainable
* Railway an integral part of PM's flagship programmes
* Launching steps to systematically address customer grievances
* Working on feasible views of over 20,000 in social media
* Aim to modernise rail infra
* We have prepared a forward-looking agenda
* Legacy of past decades to take some time to neutralise
* Must make freight transport reliable, comfortable
* Minister: Railways has to transform in next five years
* Convinced can deliver on promises of efficient railways
* Focus on doubling, tripling existing high-density network
* Next 5 yrs' priority to up capacity in high density network
* 492 sections on high density network at over 100% capacity
* To set standards for governance, transparency
* Need to make changes to speed up operational efficiency
* Pension funds have shown interest in investing in railways
* Need to revamp management practices
* Railway FY16 operating ratio seen 88.5%
* To partner with PSUs to transport coal, iron, cement
* Tie up with multilateral, bilateral bodies for overseas tech
* Railway invest to need multiple sources of funding
* Will partner with pvt sector to modernise stations' infra
* To partner with multilateral agencies for fund access
* Railway envisages 8.5 trln rupee invest in 5 yrs
* To partner with PSUs to build capacity for freight movement
* Railway to partner pvt sector for last mile connectivity
* States can raise finance through SPVs
* This budget part of trilogy of vision to improve railways
* Improvement of connectivity an imperative
* Vision 2030 document later this year
* Aim 30 mln daily passenger carrying capacity in next 5 yrs
* Railway Budget proposals be seen as part of 5-yr plan
* Aim to invest on ongoing basis in depreciating assets
* Sustained, measurable improvement in travel experience a goal
* Need material improvement in operating capacity

February 12, 2015

Financial Aid and Help for Medical Treatments

Any one need MEDICAL FINANCIAL HELP contact following trust

��
��Sir Ratan Tata Trust Bombay House, Homi Mody Street, Mumbai 400 001 Call: 022-66658282

��Reliance Foundation (Previously Ambani Public Charitable Trust) 222 Maker Chambers IV, 3rd Floor, Nariman Point, Mumbai - 400021 Call: 022-44770000, 022-30325000

��Amirilal Ghelabhai Charitable Trust 71, Gitanjali, 73 / 75, Walkeshwar Road, Mumbai - 400006

��Asha Kiran Charitable Trust C/o Radium Keysoft Solutions Ltd, Call: 022-26358290 101, Raigad Darshan, Opposite Indian oil Colony J.P. Road, Andheri (w) Mumbai 400 053

��Aspee Charitable Trust C/o Americal Spring and Pressing Works Pvt. Ltd P.O. Box No. 7602, Adarsha Housing Soc. Road, Malad (w), Mumbai 400 064 ,

��Aured Charitable Trust 1-B-1 Giriraj, Altamount Road Mumbai 400 026, Call: 022-23821452, 022-24926721

��B. Arunkumar & Co. 1616, Prasad Chambers, Opera House, Mumbai - 400004

��B D Bangur Trust C/o Carbon Everflow Ltd. Bakhawar, 2nd Floor, Nariman Point Mumbai 400021

��Bombay Community Public Trust (BCPT) 5th Floor Regent Chambers, Nariman Point, Mumbai 400021, Call: 022-22845928 / 022-22836672

��Burhani Foundation 276 Dr. D. N. Road Lawrence & Mayo House Fort Mumbai-400001

��Century Seva Trust Century Bazar, Worli, Mumbai - 400025

��Centre for Research & Development Shreyas Chambers,Ground Floor, 175-Dr. D.N. Road, Fort, Mumbai - 400 001

��Chief Minister's Relief Fund, Government of Maharashtra Mantralaya, 6th Floor Nariman Point, Mumbai - 400020

��Damodar Anandji Charity Trust 66, Vaju Kotak Marg, Near G.P.O, Mumbai -400001

��Diamond Jubliee Trust Aga hall, Nesbit Road, Opp. St. Mary's High School Mumbai 400010, Call: 022-23775294, 022-23778923

��Dharma Vijay Trust C/O Kilachand Devchand & Co. New Great Insurance Bldg., 7, Jamshedji Tata Road, Mumbai - 400020

��Dharamdas Trikamdas Kapoorwala 46, Ridge Road, Rekha No.2, 4th Floor, Mumbai - 400006

��Dhirubhai Ambani Foundation Reliance Industries Limited Reliance Centre, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 038. Tel : 022-30327000

��Dhirajlal Talkchand Charitable Trust Shailesh Niwas, Subhash Lane Daftary Road, Malad (E), Mumbai - 400097

��Dhirajlal Morarji Ajmera Charity Trust 37 - A, Sarang Street, Mumbai - 400003

��Dipchand Gardi Charitable Trust Usha Kiran, 2nd Floor, Altamount Road, Mumbai - 400006

��Divaliben Mohanlal Charitable Trust Khatau Mansion, 1st Floor, 95-K. Omer Park, Bhulabhai Desai Road, Mumbai 400 026

��Ekta Charitable Trust 4/444, PanchRatna, Opera House, Mumbai -400004

��Eskay Charitable Trust C/O Caprihans India Ltd., Shivsagar Estate, 'D' Block, 2nd Floor, Dr. A. B. Road, Worli, Mumbai - 400018

��Excel Process Pvt. Ltd. Charitable Trust 117 / 118, Mathurdas Vasanji Road, Chakala, Andheri (E), Mumbai - 400093

��Fazalbhoy Charitable Trust Near Liberty Cinema, Marine Lines, Mumbai -400020

��Gala Foundation Behind Vakola Municipal Market, Nehru Road, Vakola, Santacruz(E) Mumbai 400 055

��Garware Foundation Trust Chowpatty Chambers, Mumbai - 400007

��Gokak Foundation Forbes Bldg., Forbes Street, Mumbai - 400023

��Goodlass Nerolac Paints Ltd. (Trust) Nerolac House, A. G. Kadam Marg, Lower Parel, Mumbai - 400013

��Govind Dattatraya Gokhale Charitable Trust Kalpataru Heritage, 5th Floor, 129, M.G. Road Mumbai 400 023, Call: 022-22673831

��Harendra Dave Memorial Trust C/O Janmabhoomi, 3rd Floor, Janmbhoomi Marg Mumbai 400 001

��Helping Hand Charitable Trust 3, Vidarbha Samrat Co-op Hsg. Society 93-c, V.P.Road, Vile Parle (West) Mumbai - 400 056 Tel: 022-6147448

��Hiranandani Foundation Charitable Trust Olympia, Central Avenue, Hiranandani Business Park Powai, Mumbai 400076

��Herdillia Charitable Foundation Air India Building, 13th Floor Nariman Point Mumbai 400 031, Call: 022-22024224

��Hirachand Govardhandas 222, Maker Chambers 1V 3rd Floor, Nariman Point Mumbai 400 021

��H. M. Mehta Charity Trust Mehta House, 4 th Floor, Apollo Street, Khushru Dubhash Marg, Mumbai - 400001

��H. S. C. Trust Ready Money Mansion, Veer Nariman Road, Mumbai - 400023

��Jamnalal Bajaj Foundation Bajaj Bhavan 2nd Floor, Jamnalal Bajaj Marg, 226 Nariman Point, Mumbai 400 021, Call: 022-22023626

��Shree Siddhivinayak Temple Trust Prabhadevi, Mumbai - 400 028, Tel. 022-24373626 :
Medical Aid Form is available on the Web.
Please see their Web site for details.
��उपर बताये हुए सभी जरुरतमंद और गरीब परिवार को मेडीकली सहायता करतें है.