J & S Consultancy

14/05/2020

Contract to Registration

26/03/2020

*Stimulus Package Announcement due to CHINESE VIRUS (COVID-19)*

• FM has announced medical insurance cover of Rs 50 lakh per health worker.

• ‘PM Gareeb Kalyan Yojana’ will include cash transfers to the poor and migrants.

• The 'Prime Minister Gareeb Kalyan Scheme' will be of Rs 1.7 lakh crore.

• *Food-related announcements* : 80 crore people will come under the ‘Pradhan mantra Gareeb Kalyan Ana Yojana (food scheme)’. Every one under this scheme will get 5 kg of wheat/rice for free in addition to what they are already getting. We will also give one kg of one choice of pulse to each household under this scheme for the next three months. They can take it in two installments also.

• *For farmers*: They receive Rs 6,000 per annum through the PM-KISAN scheme. We will now be giving the first instalment upfront. Around 8.69 crore farmer will get immediate benefit out of this.

• *For daily workers*: Wage increase under MNREGA will benefit 5 crore families. Wage increase will result in additional income of Rs 2,000 per worker.

• *Poor senior citizens, widows and 'divyangs'* to receive Rs 1,000 over the next three months.

• *Women Jan Dhan account holders* to get Rs 500 per month for the next three months.

• *8.3 crore families below poverty line* will get free LPG cylinders for three months.

• *63 lakh self-help groups for women* in the country. They get up to Rs 10 lakh collateral-free loans right now. We are doubling that to Rs 20 lakh.

• *Announcements for the organised sector*: Centre will pay the EPF contribution both, of the employer and of the employee (12 percent each) for the next three months. This is for all those establishments that have up to 100 employees and 90 percent of whom earn under Rs 15,000 per month. Provident scheme regulations will be amendment to allow non-refundable advance of 75 percent or three months’ wages, whichever is lower. This will benefit 4.8 crore workers who are registered with the EPF.

• *For construction workers*: There is a Buildings and Other Construction Workers’ Fund. We are giving directions to states to release those funds.

01/02/2019

*HIGHLIGHTS OF BUDGET 2019*
* *
*Tax*
1. Within 2 years, Tax assessment will be done electronically
2. IT returns processing in just 24 hours
3. Minimum 14% revenue of GST to states by Central Govt.
4. Custom duty has abolished from 36 Capital Goods
5. Recommendations to GST council for reducing GST rates for home buyers
6. *Full Tax rebate upto 5 lakh annual income after all deductions.*
7. Standard deduction has increase from 40000 to 50000
8. Exempt on tax on second self-occupied house
9. Ceiling Limit of TDS u/s 194A has increased from 10000 to 40000
10. Ceiling Limit of TDS u/s 194I has increased from 180000 to 240000
11. Capital tax Benefit u/s 54 has increased from investment in one residential house to two residential houses.
12. Benefit u/s 80IB has increased to one more year i.e. 2020
13. Benefit has given to unsold inventory has increased to one year to two years.
*Other Areas*
14. State share has increased to 42%
15. PCA restriction has abolished from 3 major banks
16. 2 lakhs seats will increase for the reservation of 10%
17. 60000 crores for manrega
18. 1.7 Lakh crore to ensure food for all
19. 22nd AIIMS has to be opened in Haryana
20. Approval has to be given to PM Kisan Yojana
21. Rs. 6000 per annum has to be given to every farmer having upto 2 hectare land. Applicable from Sept 2018. Amount will be transferred in 3 installments
22. National kamdhenu ayog for cows. Rs. 750 crores for National Gokul Mission
23. 2% interest subvention for farmers pursuing animal husbandry and also create separate department for fisheries.
24. 2% interest subvention for farmers affected by natural calamities and additional 3% interest subvention for timely payment.
25. Tax free Gratuity limit increase to 20 Lakhs from 10 Lakhs
26. Bonus will be applicable for workers earning 21000 monthly
27. The scheme, called Pradhan Mantri Shram Yogi Mandhan, will provide assured monthly pension of Rs. 3,000 with contribution of Rs. 100 per month for workers in unorganized sector after 60 years of age.
28. Our government delivered 6 crores free LPG connections under Ujjawala scheme
29. 2% interest relief for MSME GST registered person
30. 26 weeks of Maternity Leaves to empower the women
31. More than 3 Lakhs crores for defence
32. One lakh digital villages in next 5 years
33. Single window for approval of India film makers

24/01/2019

https://jsconsultancyrourkela.justdial.com/offer-99EQMIEQQY6123-12357rKV7

J & S Consultancy is a top and well known Charterted Accountant in Panposh Road, Rourkela and also known for Tax Consultants. Get access to address, contact number, photos, directions, working hours and services of J & S Consultancy, Panposh Road, Rourkela.

31/12/2018

Wishes You and Your Family a Lovely Year Ahead... HAPPY NEW YEAR *Sarve bhabantu sukhinaam* 🙏🙏🙏

Abhisekh jaiswal

04/11/2018

May this season of lights brighten your world 🌏
HAPPY DHANTERAS AND SUBH & SAFE DIWALI TO ALL OF YOU

25/06/2018

J AND S CONSULTANCY

02/06/2018

17/02/2017