Hassle-free this Tax filing season with these 5 must-have apps

Technology has cushioned every field and helped us in simplifying our lives to a great extent. Smartphones have played smart by building a tax empire in our pockets, apps these days help us not only grow our income but save them too. Balance your income, investments, tax filings, payments and everything else that you need to get an insight into money matters.  

 

  1. Groww – Tax saving investments is a crucial element to focus while planning your returns. Investment on the go is a rising concept which can be availed through apps like Groww. It is an online investment platform which is also available on android and iOS smartphones. It has become a game-changer for a new generation of investors. Due to its focus on simplicity and transparency as its key USPs. The app has been designed to be like a buddy who understands millennial, powered by intelligent UI and UX. Today, 60 percent of Groww’s user base is spread across the country, predominantly in tier 2 and 3 cities, and that percentage is only growing.

  2. ClearTax – Tax filing apps have revolutionized the way one files their returns. It has eliminated the dependency on a third party. Critical events like The Union Budget 2020 which has brought in a revised tax regime by the Government of India, leaves a lot of us bewildered. ClearTax app has solutions to Income Tax filing, GST and Investments. They also have an active blog on their website which addresses queries from basic to complex questions. 

  3. Aaykar Setu – A very versatile app by the Government of India to aid its citizens with all the benefits of the Income-tax department. Varying from asking queries to filing your income tax returns, all in one space. The term ‘aaykar’ means taxpayer and ‘setu’ means bridge, acting as a bridge between the government and the taxpayer. 

  4. Expensify- An app to help you manage your expenses and keep a track of them without worrying about storing a box of receipts and scripts. It allows businesses to maintain summaries of their accounts along with calendars to maintain transparency and obtain balance between different ratios such as debt-to-income at the right time, preventing any crisis or undesirable situation.

  5. PocketGuard – If you have a hard time staying on budget and it never goes as you planned, this app is for you. Whether you want to track your spending, make a budget or lower your bills, with PocketGuard you can spend more time living, while staying on top of your finance.

HOMAG Group appoints Mr. Venkataramana Gorti as its new MD & Country Head in India

Pic 1 - Mr. Venkataramana Gorti - MD & Country Head - Homag India

HOMAG Group appointed Mr. Venkataramana Gorti as its new Managing Director and Country Head in India. An industry veteran, Mr. Gorti will be responsible for increasing the company’s footprint in the country and enhancing its market share. An IIM graduate, Venkat has previously worked in senior roles at leading organizations such as GE, Wipro Infrastructure Engineering, Flex, Honeywell etc to name a few.

HOMAG India with its Indian office established in 2002, currently has close to 48% market share in the mid and high-level segments in the country. Being a complete end to end solution provider of innovative technologies to the industry, HOMAG India plans to deliver more Industry 4.0 solutions involving tapio (cloud based solutions) using ioT, AI and VR in the coming years.

“I am quite excited to lead Homag India at this point where the industry is undergoing rapid transformation, and drive the company’s goals while continuing our investment in innovation and technology. We plan to further increase our presence in the Indian market in the coming years and believe that our technology solutions for furniture and wood working industries such as Tapio (IoT solution), Industry 4.0 solutions, DIPA (Digital Printing Technology), Digital factory, Digital twin will be the future”, said Mr. Venkataramana Gorti, Managing Director and Country Head, HOMAG India.

BUSY Infotech Pvt Ltd Organises BUSY Partner Connect 2020

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BUSY Infotech Private Limited organized “BUSY Partner Connect 2020” at Jaypee Palace in Agra over a period of three days last week. The objective of the meeting was to share various developments that have taken place since the last partner meet, also to recognize and commend the work done by existing brand’s channel partners and to showcase the roadmap ahead for opportunities.

BUSY Partner Connect 2020 was a 3-days event, where more than 100 channel partners came to Agra from around the globe to attend the event. The meet was inaugurated by Dinesh Kumar Gupta, Co-Founder & Director of Busy Infotech Pvt. Ltd by lighting the lamp and Ganesh Vandana. The brand felicitated its top dealers with various awards for their work in the previous years. Besides, showcasing various achievements of past years, major focus of this event was to share the possible new opportunities and discuss the business goals and plans for F.Y. 2020-21.

Dinesh Kumar Gupta, Co-founder & Director, Busy InfotechPvt Ltd presented the Keynote in which he discussed the powerful capabilities of the BUSY 18 (accounting software),its salient features as well as benefits. He also emphasized on various initiatives taken by the companyaimed to boost brand visibility, enhance customer experience, channel partner experience and numerous initiatives to reduce support requirements. He also informed about the introduction of power features such as:

  • Second language support for local languages
  • Provision to download product updates from within BUSY itself
  • BUSY mobile app to connect with real time data (approx. 50K D/L)
  • BDEP (Business Data Exchange Platform) to exchange invoices electronically
  • BUSY BNS App (Business Notification Service) (Approx. 15K D/L)
  • BUSY agent for auto backup & dongle server in both SQL / Access mode

Talking about the meet, Dinesh Kumar Gupta, Co-founder & Director said, “Our 2020 strategy is to improve the working system with our partners. In India, 1.25 crores firms are being registered, out of which at least 1.2 crores are medium and small enterprises. Our market share is still small. Additionally, we will be organizing practice and training programmes to assist the partners and train them into professionals who will be responsible to serve their customers well.In the last 2 years, with the help of our Solution Partners, we have replaced many popular ERPs like SAP, Navision with BUSY at many organisations and there is still a long way to go”.

He added, “Our plan is to make BUSY, world’s number one accounting software for small and medium enterprises to ease their financial accounting. We will never compromise on the quality while delivering our products to ensure value-addition to the industry. We are aiming to empower our partners with more opportunities to grow with us and grow them as their own client’s strategic partner and not just a vendor. It will help them to grow a stronger customer base across the country. It is very important to note that one must use platforms like partner connect for constructive purpose and avoid cross-territory sales as well as collaborations from third-party platforms. This event is our token of gratitude for the remarkable work by our partners. We believe that we all will work together to achieve the company’s goals, as it has been done in the previous years with the same spirit and enthusiasm”.

Media Moments wins Creative and Website mandate for Globe Capital

 Media Moments has bagged the mandate for Globe Capital, India’s largest clearing house and leading financial service group.

Media Moments, will help Globe Capital build affinity via brand advocacy on digital and offline space with a distinct brand persona. The agency will be responsible for creative requirements along with digital transformation and website revamp.

On association with Media Moments, Mr. Himanshu Joshi who leads the product innovation team at Globe Capital said “We are extremely happy to partner with Media Moments.  We were looking for a right partner that help us craft our brand’s identity in today’s digital age and Media Moments came across as the perfect fit. We look forward to working with them to leverage Globe Capital strengths and enhance the company’s mindshare among investors and potential investors.”

“The company would not only be responsible for creative and website requirements but also walk alongside us with strategic inputs on the brand.” he further added

Globe Capital is India’s largest clearing house and leading financial service group committed to help people achieve their financial goals. The company is known for its rich experience in the capital market that offer its clients a wide portfolio of savings and investment solutions.

Mr. Sandeep Sreekumar Managing Director, Media Moments, said “It is great to be able to partner with a leading financial services company that is committed to consolidate, communicate and simplify investment for the common man. It is a very exciting assignment for us with a huge task at hand of designing the new creative identity of the brand. We are confident that our innovative approach and creative solutions will help infuse fresh energy into brand portfolio and push it to newer heights.”

Headquartered in Bangalore Headquartered in Bangalore, Media Moments has been recognized as one of the leading communication agencies in India offering cutting-edge marketing and communication services to many new as well as established brands from different sectors not only in India but also in many other countries.

Talking about the expansion plan of the Media Moments Ms. Preeti Pandey Head Business and Strategy at Media Moments said We are vehement to on board Globe Capital as our esteemed client.  The companies in the financial sector have an intrinsic need to show clear and consistent differentiation and exhibit consumer-centric propositions.  We are delighted to partner with them and contribute in building brand strong presence among its stakeholders.”

Government suggest exporters to comply with domestic & International standards, says official

There is a need for testing food products in order to ensure that it complies with domestic standards as well as international standards for exports, a top government official said at an Interactive Session on Swachhata Action Plan 2018-19 held in Gurugram today.
 
There is also a need for testing of all imported food products to ensure that they are of the requisite standard and food products not permitted for manufacture domestically. Apart from this, the level of contaminants, additives, and pesticide residues in food items is required to be monitored regularly, said Mr Ashok Kumar, Joint Secretary, Ministry of Food Processing and Industries at an Interactive Session on Swachhata Action Plan 2018-19- “Hygiene in Food Processing Sector” summit held in Gurugram today.
 
In order to develop food safety and quality Assurance infrastructure in the country MOFPI has been extending financial assistance in setting up and up gradation food Testing Laboratories in the countries and setting up of HACCP/ISO standards to improve the overall quality of Food Safety and hygiene in the country, said Mr. Kumar.
 
HACCP, ISO Standards are necessary condition for improving the overall quality of food safety & hygiene in the country and also to increase India’s share in global food trade. The main objective of the scheme is to motivate the food processing industry for adoption of food safety and quality assurance mechanisms such as TQM including ISO 9000, ISO 22000, HACCP, GMP, GHP, highlighted Mr. Kumar.
 
This will enable adherence food processors to the stringent quality and hygiene norms thereby protecting the health of consumers, enhancing product acceptance by buyers, both domestic & overseas and keep Indian industry technologically abreast of international best practices, said Mr. Kumar.
 
“Food processing industry is one of the largest industries in India. The country’s food processing industry ranks fifth in terms of production, consumption and exports”.
 
Strategic geographic location and proximity to food importing nations benefit India in terms of exporting processed foods. Hence Swacchata in food Processing Industry is a high scale consideration, noted Joint Secretary.
 
Dr. Rubeena Shaheen, Director (FSMS & RARD), Food Safety and Standards Authority of India said, FSSAI created the Food Safety Management System (FSMS) which provides a preventative approach to identify, prevent and reduce food-borne hazards. This is to minimize the risk of food poisoning and to make food safe for consumption.
 
Key Roles to implement food hygiene are develop/review guidelines related Schedule 4 requirements i.e. GMPs/GHPs for various food industries including e-commerce players. Strengthen implementation and inspection of GHPs/GMPs by developing guidance documents and inspection checklists for FBOs and Regulatory Staff, said Shaheen.
 
Among others who spoke during the conference were Mr Vikas Jain, President, Gurgaon Chamber of Commerce & Industry & Chairperson, ASSOCHAM Council on Food Processing & Value Addition, Dr A K Tyagi, Executive Director, Haldirams Snacks Pvt.Ltd., Mr Bejon Kumar Misra, Founder, Consumer Online Foundation, Dr Chindi Vasudevappa, Vice Chancellor National Institute of Food Technology Entrepreneurship and Management (NIFTEM) and Dr Om S Tyagi, Assistant Secretary General, ASSOCHAM.

KONE India introduced its New Elevator

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KONE India introduced its New Elevator offering – KONE U Mono Space® and KONE U Mini Space™ for the mid-range segment in Hyderabad.

Speaking on the occasion, Mr. Amit GossainManaging Director, KONE India, said “Our New Products have 26 cars with visuals inspired by Navaratna, the nine gems. The Navaratna visual car designs are so striking and unique that they will certainly help us differentiate in the market place and enhance the customer experience. Moreover, since the demand for better aesthetics is gaining importance, this New Design Collection is set to create a lasting impression & unforgettable user experience”.

KONE has set a benchmark in the Industry through its Eco-efficient Performance, Premium Ride comfort and Award-winning Designs.

He further added, “The Construction and Real Estate Customers are demanding when it comes to Energy-efficiency and Green Building Certification Schemes like LEED and BREEAM with our New Solutions, the Carbon footprint of buildings can be cut to an even greater extent”.

KONE is a Pioneer in Eco-efficiency within its Industry. The New KONE U Mono Space Elevators are up to 35 percent more Energy Efficient than its earlier Elevators. The improvements were only possible by Renewed KONE EcoDisc® hoisting Machine, a highly Efficient Drive, and our Enhanced Standby Solutions. The Renewed KONE Eco Disc hoisting machine is complemented by a wide range of upgrades that are designed to deliver Industry-leading Ride Comfort: a New Motor Control System, a renewed Braking System, a Redesigned Hoisting System, and an improved Car Structure. This means that the noise levels, both inside and outside the Elevator cars, are as low as possible, the ride is smooth with no vibration, and that the floor leveling is perfectly accurate. Ride comfort is an important part of user experience, and our vision is to deliver the best user experience.

One significant value-add is also a Comprehensive Test for Ride comfort, now conducted on every KONE Elevator before handover – this is a unique service offered by KONE in the Elevator Industry.

Early this year, the company launched its New Customer Experience Centre at ITEC in Chennai to showcase latest Technology and Development of KONE Solutions for People Movement.

LANXESS: Price adjustment for PA 6.6 compounds

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LANXESS is raising its prices for Durethan A (polyamide 6.6) compounds in Europe, Middle East and Africa by EUR 0.60/kg with immediate effect.

The overall tight market situation with extremely limited availability of raw materials in the PA 6.6 value chain has led to further severe price increases for PA 6.6 base resin. As there are no signs of a relief, a price adjustment is unavoidable.

The High Performance Materials business unit offers support in exploring opportunities to replace PA 6.6 applications by PA 6 or PBT grades.