PUT YOUR BIRTH DATE INTO CHATGPT.
Not for astrology.
Not for zodiac signs.
Not for predictions.
Use it as a starting point to understand your personality, habits, and hidden patterns.
Here are 7 prompts that might change how you see yourself. 👇
Life is short.
Yes, it can help to let go of misunderstandings and hurts in our relationships, for our own peace and, when it matters to us, for the peace of others too.
But each situation is different. So is the time each person needs to process what happened.
Let’s not pressure ourselves or others to forgive, reconnect or “move on” before we’re ready.
We can leave room for healing while respecting the boundaries we need along the way.
#Ramayana #Misunderstanding #Communication #SecondChances #MoveOn #GaurGopalDas #YouCanHaveItAll #LifesAmazingSecrets #TheWayOfTheMonk #Monkify #MonkifyYourLife #MondayMotivation
I envy those tax auditors whose clients follow the cash basis of accounting.
Much less compliances
1. There is no need to comply with Accounting Standards (except to a limited extent specified in ICAI's Technical Guide to CBA).
2. There is no need to comply with ICDSs
3. No Section 43B/MSE dues headaches
4. TDS is less tedious as no provisions made and no TDS is applicable on provisions.
Clauses of Form No. 3CD which DO NOT APPLY to assessees following CBA
💠Clauses 13(d) to (f) relating to ICDSs
💠Clauses 16(b)/(c)
💠Clause 21(d)(B): Section 40A(3A)
💠Clause 21(e): Provision for gratuity
💠Clause 21(g): Contigent liabilities debited to P&L
💠Clause22(i): (NA unless interest is actually paid to MSEs during the year)
💠Clauses 22(ii)/(iii): Payments/payables to MSEs under Section 43B
💠Clause 26: Sums covered by Section 43B
💠Clause 27(b): Prior period item
Note: Though Clause 22(ii)/(iii) will not apply to assessees following CBA, they have to give disclosures of MSE dues in the notes to accounts as required by Section 22 of the MSMED Act.
"Accrual basis" of accounting is actually "a cruel basis" of accounting
Who all agree with me?
Short of funds for IPO applications?
Here’s what I’ve been doing:
Invest in Mutual Funds → Take a short-term loan against them (for ~2 days) → Apply for IPOs → Earn the listing gains
Once the IPO funds are released, repay the loan. You’re charged interest only for the 2 days (9.5% per annum), with no processing or foreclosure charges.
There’s usually a one-time account setup fee for the Loan Against Investments facility, followed by an annual renewal fee.
Basically, you’re borrowing against your own investments to fund IPO applications instead of keeping additional cash idle.
This strategy has been working for me.
Anyone else using this approach?
Guruji gives us some Hard Hitting Pearls of Wisdom ❤️❤️❤️
The Truths of Life:
Be Independent as Soon as Possible. Only when you are Productive & Useful, the World will Respect You 😀😀 Respect your Time, Health & Yourself.
Beautiful 💯
#FI
Turnover 5 करोड़ से ज़्यादा होने पर 2 सालों के Financial Statements-
ICAI Guidance Note के अनुसार Non-Corporate Entities के Comparative Financial Statements, Schedules & Notes बनाना आसान है।
दो वर्षों के Financial Statements AI पर Upload करें → सही Prompt दें → Draft तैयार → Review करें।
AI से आसान भी, तेज भी — बस Final Professional Check आपका।
Guidance Note on Financial Statements of Non-Corporate Entities is Applicable to Entities whose turnover for FY 2025-26 exceeds Rs. 5 crores.
There are many excel based or cloud software based tool to map tally data with such software but not any Tally based TDL files there
One Unique TDL Developed by @nirmal_ghorawat sir for Financial Statements for Non-Corporate Entities
Features
👉 Direct Access in Tally Prime so all data at one place, No Requirements to Remap, Refresh, Reload etc
👉 No Need to remember multiple shortcut button as Tally Shortcut button and TDL Shortcut button are same
👉 Can use for multiple client from single tally prime serial number
👉 Option to drill-down to underlying transactions
👉 Option to add Comparative years data, change scale factor etc like in existing tally reports
So using this TDL prepare Financial Statements for Non-Corporate Entities directly within TallyPrime
Youtube Demo Link for https://t.co/uIBZEiEyhP
Above TDL is available for free trial till 7th September so I recommend to create atleast one financial statements using this TDL to experience something unique
To get the TDL fill up this google form https://t.co/Y5SbZFnNbp
#TallyTDL #Tally
📿 Best Remedy for Saturn – House by House
🏠 1st House: Practice discipline and humility — let patience shape your character. 🪨
💰 2nd House: Support the elderly or financially struggling — build wealth through responsibility. 🥣
💬 3rd House: Help siblings or laborers — strengthen bonds through steady effort. 🛠️
🏡 4th House: Care for aging parents or maintain your home diligently — create stability through duty. 🏠
🎨 5th House: Mentor disadvantaged children — invest time, not just money, in their future. 📚
💼 6th House: Serve the sick, poor, or indebted — transform hardship into karma-clearing service. ⚖️
💍 7th House: Commit loyally in partnerships — honor promises even when tested. 🤝
🕳 8th House: Support those facing loss or crisis — stand firm in others’ darkest hours. 🕯️
🌍 9th House: Respect teachers, traditions, and elders — uphold dharma through integrity. 📖
👔 10th House: Work with honesty and endurance — let perseverance define your reputation. 🏛️
🌐 11th House: Assist workers, social causes, or long-term reforms — build progress slowly and wisely. 🌾
🌌 12th House: Donate quietly to prisons, hospitals, or the forgotten — serve without recognition. 🕊️
✨ Saturn strengthens when you accept responsibility without complaint — steady effort invites lasting rewards. 🖤
Nobody loses prosperity in a single day.
They lose it in habits so small that not one of them feels like a loss.
Never do these 7 things, if you want Abundance 👇
𝟭. 𝗦𝗹𝗲𝗲𝗽𝗶𝗻𝗴 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘀𝘂𝗻𝗿𝗶𝘀𝗲 𝗮𝗻𝗱 𝗱𝘂𝘀𝗸
- The two sandhyas are the joints of the day.
- Miss both and you will never own a single hour between them.
- Manusmriti says this in its chapter on conduct.
- Your body says it every morning.
𝟮. 𝗟𝗲𝗮𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗵𝗼𝘂𝘀𝗲 𝘂𝗻𝗰𝗹𝗲𝗮𝗻
- Alakshmi needs no invitation.
- Only dust, clutter, broken vessels and a doorway nobody sweeps.
- Lakshmi will not share a room with her elder sister.
- Cheapest upaay in all of śāstra. Almost nobody does it.
𝟯. 𝗦𝗽𝗲𝗮𝗸𝗶𝗻𝗴 𝗵𝗮𝗿𝘀𝗵𝗹𝘆
- BPHS Ch. 15 places speech and wealth in the same bhava.. the 2nd.
- Read that again. Rishis were not being poetic.
- They were telling you where the leak is.
𝟰. 𝗗𝗶𝘀𝗿𝗲𝘀𝗽𝗲𝗰𝘁𝗶𝗻𝗴 𝗮𝗻𝗻𝗮
- Wasted food. Criticised food. Food eaten standing, distracted, ungrateful.
- How a man treats what is already in his hand decides what comes into it next.
- This one is visible in a household within a year.
𝟱. 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝘄𝗼𝗿𝗱
- Niti literature ranks the kritaghna below a thief.
- A thief takes money, which returns.
- This one takes trust, which does not.
𝟲. 𝗧𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗱𝗲𝗯𝘁 𝗰𝗮𝘀𝘂𝗮𝗹𝗹𝘆
- Rina, roga, shatru.. debt, disease, enemies.
- All three in the 6th house.
- Our classics filed them together because they behave identically: ignored, they compound in silence.
𝟳. 𝗕𝗹𝗮𝗺𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗴𝗿𝗮𝗵𝗮𝘀
- And this is the one that quietly cancels the other six.
- No śloka anywhere says a difficult Shani cancels effort.
- The chart gives you terrain.. gradient, weather, timing.
- It was never going to walk for you.
Six of these seven cost nothing to fix.
Which is exactly why they are so easy to keep doing.
Save this one. Read it again on the day you feel stuck and cannot say why.
#horoscope #astrology #zodiac
BIG UPDATE FOR TAX PROFESSIONALS!
A major change in the Income-tax Act, 2025 deserves your attention.
Under Section 195, tax on income referred to in Sections 102 to 106 has been revised, with the highlighted provisions showing significant changes in the applicable tax rates.
📌 Key takeaway:
• 75% in specified cases
• 99% where income is determined by the Assessing Officer in the specified circumstances
• 30% tax rate for income referred to in the relevant clauses
These changes are extremely important for tax professionals, practitioners and taxpayers preparing for the transition to the new Income-tax Act.
Save this update & share it with every CA/Tax Professional!
Follow the Tax Talk with CA Nitin Chawla A.C.C.A channel on WhatsApp: 👇 https://t.co/7KtKmuv6rW
#IncomeTax #IncomeTaxAct2025 #TaxUpdate #IncomeTax2025 #DirectTax #Taxation #CAFinal #ICAI #CharteredAccountant #TaxProfessionals #IncomeTaxIndia #Finance #TaxNews #TaxUpdates
🚨 NEW RULES ON UNEXPLAINED MONEY
84% Tax is now 99%
NEW TAX POSITION
If such unexplained income is reported in the return, the special tax rate is 30%, subject to applicable surcharge and cess.
But the real problem can start when unexplained income is detected and determined during assessment/reassessment and is treated as misreporting of income.
👉 Tax
👉 Applicable surcharge & cess
👉 Interest
👉 Penalty consequences
can make the total financial impact extremely severe.
WHAT CAN BE COVERED?
❌ Unexplained Cash
❌ Unexplained Bank Credits
❌ Unexplained Investments
❌ Unexplained Money or Assets
❌ Unexplained Expenditure
❌ Certain unexplained borrowings/repayments
⚠️ Here is the latest twist earlier this does not covered under underreporting income, now in new IT Act,2025 it is also covered under misreporting of income and 200% of tax shall be levy as penalty, if AO detected any unexpained income. Hence effective tax and penalty would be 99% instead of 84%
So unexplained money is not your anymore...
🚨For FY 2025-26 Guidance Note on Financial Statements of Non-Corporate Entities and GN on FS of LLP shall be applicable only to entities whose turnover > Rs. 5 crore
FY 26-27 onwards applicable to all entities Prudent decision
#TaxAudits #ImportantAspects
🚨 Tax Audit Season is Here!
Still confused about Tax Audit applicability under Section 44AB and Presumptive Scheme applicability under Sections 44AD, 44ADA & 44AE?
This slides cover everything you need to know for AY 2026-27:
✔ Specific provisons for Business + Professionals + Transporters
✔ Get clarity for all possible combinations of Turnover limits for Audit & Presumptive -> Everything explained in just 4 slides.
✔ Opting in & opting out provisions for 44AD
━━━━━━━━━━━━━━━━━━━━
📘 Want a complete ready referencer for the entire Audit & ITR season for your team? having 35 INCOME TAX Topics all packed in 163 pages (updated with Amendments of Finance Act 2026
Get the Income Tax Ready Referencer (ITRR) – 5th Edition (E-Book). Here is Link for subscription & start reading instantly (₹175) https://t.co/HUBDGbxhJ4
CA HARSHIL SHETH
PS- Printed edition is out of stock.
"You can pay zero tax upto a salary of Rs. 15,75,000 in India. Many people are not aware about this."
Total Gross Salary = Rs. 15,75,000
Employers NPS contri. (14% Basic) = (Rs. 1.10 Lakh)
EPF Contribution (12% of Basic) = (Rs. 94,500)
Food Allowance = (Rs 1,05,600)
Standard Deduction = (Rs. 75,000)
Taxable Salary = Rs. 11,89,650
"Net Taxable salary will drop below Rs. 12 Lakh and hence, he'll be liable to pay zero tax."
- CA Nitesh Buddhadev (Founder Nimit Consultancy)
@niteshbuddhadev
How you can retire early using IPO Shareholder Allotment (Must Read):
Shareholder quota works on a proportionate basis, not a lottery - benefitting retail investors massively
If you apply for 13 lots:
Subscription 2x : you get ~6-7 lots
Subscription 3x : ~4 lots
Subscription 6x : ~2 lots
Subscription 13x : 1 lot assured
In case of SBI Mutual Fund IPO: Lot limit is 13
You can also apply in one additional category:
-Retail
-SHNI
-BHNI
(Shareholder + any one of the above)
Eligibility for Shareholder Quota:
-Hold at least 1 SBI share
-Share must be in your demat on or before 7th July
I will be applying in BHNI + SH category
Did you know? Your calf has a muscle that helps pump blood back to your heart.
It’s called the soleus, and it’s part of your peripheral heart.
When it contracts, it squeezes the deep veins in your calf and pushes blood up against gravity. Valves stop it falling back.
But if you sit still all day, this pump sits idle while blood pools in your legs.
Mind you, standing calf raises won't fully challenge it.
With the knee straight, the gastrocnemius (the muscle on the surface) is free to share the load, because it crosses the knee. So the soleus always gets help and never works at its limit.
But if you bend the knee, that flips. A bent knee shortens the gastrocnemius until it goes slack and can barely produce force.
Also called ‘active insufficiency’ in exercise science, where a two-joint muscle, shortened at one end, drops out of the movement.
So the gastroc switches off, and the soleus, which only crosses the ankle, has to carry the whole thing on its own.
That's why the best way to hit it is a bent knee:
seated calf raises, or this deep squat version.
It’s nearly 80% slow-twitch, so it loves volume and barely fatigues.
Sustained work here has even been shown to improve blood sugar control for hours.
Train it deep, slow, and often.