What is 2G SCAM ? By Shivam Bajaj

Every Crime is an Error but every error is not a crime said Abhishek Singhvi, Senior Advocate, Supreme Court of India.  Technology and Communications are the cruci of any form of communication or dialog which happens between 2 people, in this global village people can talk to anyone no matter where that person is. 

Some people might be thinking that "What is Spectrum ?" so Spectrum relates to the radio frequencies allocated to the mobile industry and other sectors of communication over the airwaves. 

Understood the meaning? now let's Have a Look at the Generations of networks using which we communicate these days. 

1G- Developed in 1979 

2G- Developed in 1990-91

3G- Developed Few Years After 2g Came

4G- Developed In 2008

Next Big Thing is 5G? Now let's See what happens there and how it changes the scenario?

We Now have a Little Insight Into what is the Generation story and also what do you mean by A Spectrum Now let us See what Actually Happened and why is this 2G Spectrum Scam Case is So Worrying and created a hype, not only then but even now after the judgment.

2007- UPA Government sold all India 2G Licenses at 2001 price which was 1658Cr.
2007-08- Private Firms Bought Licenses Bought Licences cheap and resold at Huge Prices  for Profits

2010: CAG Reports Gave a Figure of Nation Loss of 176 Lakh Crore

2012- Supreme Court Cancelled all the 122 2G Licenses which were issued after CBI Report which told that nation Had a Loss of 22000Cr.  2017- Trial Court Acquitted All in the 2G Scam Case

Now, on 21st Dec 2017, Former telecom minister A Raja, DMK MP Kanimozhi and all other accused were on Thursday acquitted in the politically-sensitive 2g spectrum allocation scam cases by a special court which held that the prosecution "miserably failed" to prove the charges. 

Immediately After the Special Court Judgement, Many people started to question the Judgement and even the role of CBI in the case, while the CBI said that it will appeal further as the decision is wrong.  People are even questioning the Vinod Rai Report (CAG then)  which quoted the Big Figure of Nation Wide Loss.  

Kapil Sibal, Former telecom Miniter on tins Said "I have been saying from day one that there was no loss and I have been vindicated today. In fact, it is Vinod Rai who must apologize to the nation"  The 4 People who were Acquitted Included 

1. Kanimozhi Karunanidhi, DMK leader and party chief M Karunanidhi's daughter

2. Former telecom minister A Raja

3. Former telecom secretary Siddharth Behura

4. A Raja's former private secretary RK Chandolia

5. Reliance ADAG Group Managing Director Gautam Doshi

After the Entire Court Judgement, Arun Jaitley, Finance Minister  Says that "Congress is Treating the Judgement as the Badge of Honour, they should not as the Supreme court in 2012 already told the 2G Policy as Corrupt and arbitrary" he even said" the 2G case verdict wasn't proof of the Congress-led UPA government's innocence"  While Prime Minister then, Manmohan Singh said that the propaganda was without any foundation. 

It's Not possible that if anything such gets so much talk the social media is not active. On the Judgement Day & even now there were several Trending Hashtags on Facebook and Twitter which were trending.

Some of These were

1. #2GVerdict
2. #congressisclean
3. #2GCASE
4. #2GSpectrumScam
5. #2GScam  & many more

Social Media is the king of making content viral, people don't forgive anyone be it victim or even accused. Now let us See what really happens further in this case, till now this judgment has made everyone talk about this and even this has made CBI stand in Court and even is surrounded by people's questions.

Till this date and I hope in future also these hashtags were used for healthy discussions on the topic or even some baseless ones.

As I further Researched, I found that the

1. CBI Quoted the Nation Loss Figure to be 22000Crs
2. Some Media Reports Came which stated 30000Crs
3. Then the CAG came with the figure of 176 Lakh Crore

Now the Question is Which is Right ?? and Do You Think that Vinod Rai should Apologise or Its a Correct decision? and also one more thing, during all these Media is also being blamed for Factless Reporting though it is the media which supported all the facts and then reported. We all hope that the truth Might Very Soon land in the congress's lap.

Buy the book-

Original Copy of The Judgement is There On the Link Below: 

Read the Full Judgment Here

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SEAMO- A New Chapter

Education is a stepping stone of one’s future; a good education can guarantee success while bad education can even destroy ones’ lives. As technology is changing day by day and is also benefiting us at every level, similarly these days there are many well-established companies and even education start-ups who want to contribute and also are contributing in student’s overall and even academic development, these days as there are new ways of holistic development of a student ,one such way is by conducting Olympiads ,So Olympiads are small tests which are designed in such a way that it measures mental ability of a child in a particular subject.

One Such path towards success is SEAMO (South East Asian Mathematical Olympiad), this company was introduced in 2016 and is a Singapore based company which conducts Mathematical Olympiads in many places globally from classes 5^th to 12^th, SEAMO has its presence in Myanmar, Laos, Thailand, Malaysia, Jakarta, Philippines, Indonesia and many other places and also is now officially in India. Well said, strong roots provide good education, similarly, SEAMO will also provide a great level of Olympiads which will not only help in student’s development but will also help in building his/her mathematical approach towards his/her studies.

Also, the National and International level rankings which will be provided to students will not only boost the confidence of the students but will also will motivate students to participate in this Olympiads again and again. India is a New Chapter in the book of SEAMO, I am sure if more and more students will take the Olympiads then this journey will be great and will add on to the legacy of SEAMO.  

I was so happy to be a part of the SEAMO India launch event in Delhi & I am very happy that the company invited me. Again, I would Like to Thank the Entire SEAMO Team for Inviting me to this New Beginning in the book of SEAMO- the new level of Olympiads and a great educational initiative.         

Contact SEAMO Here - Facebook Page for More Details 

I Like the concept I am Sure That you will also like it  

Do you Know GST- One Nation One Tax- Will it Work ? All Explained !!!

GST was imposed on midnight of 1st July 2017 which is considered as reform and is also called an as #GSTdoosriazaadi by BJP.  India is a country which has all types of people and also of all strata (Rich, Middle Class and even lower middle class and even poor) so the government's view of this GST is "One Tax One Nation ". 

We all know that there are some tax slabs which are  0%, 5%, 12%, 18%, 2, % and these slabs are for different items which are classified and are different for every product, Sarcastically if India was full of taxes earlier  then also India comprises of many people who lack knowledge, as we switch across channels or even we personally visit people, we will find many people who don't even know what GST is but still, they are against this regime.

Sarcastically now we don't have as many taxes but we still have such people who are meant just to criticize knowledge for them doesn't matter, what matter to them is criticism.

Many Businesses are worried and are unhappy with this step but the best thing that government has done  is that businesses with turnover of 20 Lakh or less do not have to register on the GST portal or GSTN ( Good & Services Tax Network)  and Businesses with turnover of 75 lakh have to register on GSTN and if they are manufacturing units they have to pay 2% Tax and if they are Trading they have to pay Only 1% Tax and all the rest GST is on the consumer and not the traders or manufacturers, this is for everyone no matter how much a business earns except 20 Lakh or less as mentioned before. and also government will even bring down the GST in some cases if required as the GST for fertilizers was brought down from 12% to 5% so if the government feels they will bring them down.

If we look the pattern & trend, a lot of people who are protesting and are against GST will be in favor of the same GST in a matter of time, this also happened when demonetisation took place.
At the time of note ban, everyone protested and said that it will have a bad impact on the economy and some parties also said that it will have a very bad political impact on the party itself but nothing that sought happened. Recently According to a report in Economic Times, "Indians' money in Swiss banks hits record low of 676 million francs" ( earlier figures were double )
Just think this type of news is coming after demonetization, so doesn't this mean that demonetization had an impact?

If we look GST, its effect will be seen in the long term and will surely effect people of the country and will also affect government, Yes, this means more money to the government but that government will then use it for the development of the country. But that will only happen if the governments in the future keep the GST flow efficient and effective. 

As this GST Launched most small businesses are against this GST just with a silly reason of accessibility and connectivity and also cost of Softwares, So here is what the CEO of GSTN Prakash Kumar said on this   

"if People don't have any problem in uploading and downloading Whatsapp video which is entirely through the Internet then why do they have problem in using GSTN and paying taxes, people also pay other taxes online then why can't they pay GST Online which is a much simpler process than any other Tax Systems and is also automated. he also said that a 70000 Lines of Excel data is just 5MB which is equivalent to a 1Min Whatsapp Video so if a user can download that video then why can't a user upload that return to the software ?" He even said that the process is so simplified that the user has to file the return only once on the software and rest all the returns will be automatically generated based on the GSTN Number provided to the user or taxpayers.

 The taxpayers (Mentioned in Question 1 ) can register on the GSTN ( All the registration and awareness websites of GST are given at the end of the question and answer session)
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Now as this Network is just launched so here are some questions which will make the concept clearer Kindly read this:

1. Who is an existing taxpayer?

An existing taxpayer is an entity currently registered under any State or Central laws, like Value Added Tax Act, Central Excise Act, and Service Tax Act.

Existing taxpayers include taxpayers already registered under:-

• Central Excise
• Service Tax
• State Sales Tax or VAT (except exclusive liquor dealers if registered under VAT)
• Entry Tax
• Luxury Tax
• Entertainment Tax (except levied by the local bodies)

2. What does the word ‘enrolment’ under the GST Common Portal mean?

Enrolment under GST means validating the data of existing taxpayers and filling up the remaining key fields by the taxpayer in the Enrolment Application at the GST Common Portal.

3. Do I need to enroll for GST?

All existing taxpayers registered under any of the Acts as specified in Question 1 will be transitioned to GST. The enrolment for GST will ensure a smooth transition to the GST regime. The data available with various tax authorities is incomplete and thus fresh enrolment has been planned. Also, this will ensure the latest data of taxpayers is available in the GST database without any recourse to amendment process, which is the norm to update the data under tax statutes today.

4. Why do I need to enroll myself as a taxpayer on the GST Common Portal?

The GST Common Portal has been made available to enable taxpayers to enroll with GST. Paper-based enrollment option is NOT available.

The GST Common Portal will enable taxpayers to meet the GST compliance requirement like filing a return and making a tax payment. Using the Portal requires existing taxpayers to enroll.

5. Who is not liable to register under GST?

The following persons shall not be liable to register, namely:

(a) any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act;

(b) an agriculturist, to the extent of supply of produce out of cultivation of land.

(2) The Government may, on the recommendations of the Council, by notification, specify the category of persons who may be exempted from obtaining registration under this Act.

6. Are existing taxpayers required to enroll separately with Central and State authorities under GST?

No, any existing taxpayer who wants to seek enrolment under the GST Act needs to apply at the GST Common Portal. Enrollment under the GST is common for both Central GST and the State GST. There will be common registration, common return and common Challan for Central and State GST.

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Know more about GST here 

1. For Tutorials and Registration 

2. For Reading Researching and Referal 

Some General GST Rates are here:





Apart from these images the full detailed list can also be viewed on
 this website  
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B2B- Only 1 Return 
B2C- Have to Upload Invoices 

But still, this system is much easier than the earlier implemented VAT System
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GST is a very good initiative and also an easy way of seeing the taxation percentages and amount and this also gives the non-tax payers a chance to pay tax as many of the taxpayers did not pay tax earlier because of the complexity of the systems but now they have no choice of not paying the tax and can now easily pay with the help of this GSTN.

This Simplified way on the Backend of GSTN has a very complex structure in which payments will travel on an hourly basis every day.
           
 Technology has simplified our life so much that everything can be completed with the click of a button and can be left everything on machine learning and artificial intelligence.

The main concern for everyone was the pricing for the online accountant so here are the prices and names of Softwares which people can buy and then boost their businesses and all these software are GST ready 

Explained in 10 Points 

How will GST Work

  Read Here By NDTV

Below are Provided rates for all GST Accounting Softwares

1.Zoho Books- 2599/Year + GST

( https://www.zoho.com/in/books/)

 2.Tally ERP.9 -18000 eXcl- GST

 3.Busy Accounting- 13500

 4.ClearTax GST- Free Trial Till September (Check here)

5. Marg -Check Price here  

So now prices are no more a reason for not accepting GST as earlier said the registrations on the portal or GST  won't affect the small scale businesses largely  ( 20 Lakh or less)

Again to Summarise this Limit 

1. 20 Lakh or less-( No Registration No Taxes ) 
2. 75 Lakh or less -Manufacturing 2%   Trading 1% 
3. Turnover in Crores 

Sources-

1. News mobile
2. Cleartax
3. Google
4. GST Websites and Manuals

Here is the GST Comparision with India and Other countries  Now India will be continuing to grow and will be considered as the fastest growing economy in the whole world.


All eyes today are on India and India took an advantage and took out a reform such as GST which will change the present situations and will be now saving people from different types of taxes which were 17 Taxes and 22 Cesssess and other local state taxes.

GST, a new way towards Transforming India and Bringing India as a developed country in the eyes of the whole world, no matter what other parties and people say GST is Implemented to simplify the lives and it will simplify the lives. 

Share This as much as you can and Educate the Uneducated .... :) 

Pay Tax as a single Signature can change the lives of the poor

We Sign & Pay, Poor will Stride Towards Happiness.    

Online Fraud : India's New Capital

Online fraud is increasing day by day.....
The World Is Pacing at a Very High Speed and so is the Problem of Frauds & Especially Internet Frauds.

Nowadays we can easily say that Fraud Lottery Messages is as Common as Everyday Fraud Examples of Credit Card Applications, Almost Every day We receive tons of emails with only one subject that is Regarding Credit Card Application, everything has a trend in its place similarly these frauds have also become a trend these days.

Must Watch This Video !!!

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Know the different types of frauds here