Wednesday 12 January 2022

Tax Register and Balance Sheet for individuals, Entity's and so on

A manual daily tax log Registry book is need of the hour, Monthly Balance sheet, weekly balance sheet, bi weekly balance sheet, daily balance sheet, hourly balance sheets are required for us to plan our tax obligations to the County, City, district, region, State or union territory, country, association of countries, Continent's, and the planet Earth.

A online or offline Software package that includes or enables us to be tax complaint on a daily basis, hourly basis, every second or any part of seconds, minutes, weekly, Monthly, quarterly, half yearly, three months once, four months once, 2 months once and annually.

The context is to ensure apart from our salary, we can maintain a log of all types of income like interests, discounts, party foods, exchanges, coupons, redemption and so on...

#Tax
#TaxRegistry
#TaxRegister
#Taxbalancesheet

Thursday 28 October 2021

PayTo protocol and ToProtocol abstraction hierarchy

Order for Cons No 7204405919 is registered with Ref No.2-001606715278.Refil expected delivery: 1 days.Pay by http://payit.cc/I1589197668
INDANE

Please include a feature to open a context menu from the link in a message to lists a set of payments apps like GPay,

For example payTo protocol (shall be basis using which this feature shall work, hence the message sender to anchor the link with payto protocol for payment, mailto protocol for mails and so on...) or To protocol abstraction hierarchy and it's substitution shall determine the mime type or app or application type based on which a list of frequently used apps would listed in chronological order of usage could in descending order...

With best regards
கார்த்திகேயன் 
Karthipt@gmail.com
9880920037
karthipt-1@okhdfcbank

Saturday 11 September 2021

Driving license

The driving license privilege shall include a 1 to 10 warning level before their license is revoked, with a year of community or time period service, counseling sessions to help to recover from their jolt or mistakes.  The conformance level or warning levels can be colour coded from Green, Yellow and Red. The first five warnings on Green range, the next three in yellow range and the remaining two in red range.  The colours tranistion or RGB composition so unique that it considers every parameter of driving violation to indicate their conformance to rules, in this case all 10 warnings would be Green or to start with the license Card would always carry or given 10 fully green privilege.  As, the individuals driving patterns, adherence to rules, or violations to rules determine the change in the composition of the colors.  The worst case scenario would be when a individual's license Card or record goes to a state of complete red. Then the individual's lose their privilege to drive vehicle's or vehicles.  The conformance, violation records shall be maintained individually for each type or class of Vehicle or value of Vehicle to determine or differentiate the retainment or license for that type of Vehicle or revocation of license for that type of Vehicle. A statistical analysis could or shall be mandated at the end of every month or Calendar period in case of offline mode and live analysis in case of online mode of analysis.  Every renewal of Vehicle could provide a option for adding rewards, awards, more conformance levels provided, or the other way the conformance level is reduced to offset the violations at or during renewals.

Wednesday 30 June 2021

ITR form income from House or property, Schedule HP, deemed to be let out scenario - My opinion

The income tax ITR form as on date 1st July 2021 considers the non receipt of income or the house being vacant as house deemed to be let out.  In this the owners have to consider or declare in ITR as non income or non receipt of rental as income from property.  

The field ij in schedule up is added to the taxable income is not correct.  The arrears or unrealized rent cannot be considered as income received or realised by the tax payer.

Hence, such unrealized rent receivables is null or void hence such income can neither be considered as taxable income nor can be considered as loss for tax carry forward to be included in subsequent financial year.  This value is just a information to be provided in the ITR form but definitely can't be considered as taxable income as it is not realised in the book of records or accounts or in the hands of the tax payer.

Please, rectify this in the ITR(n) forms.

Addresses in PAN card or PAN database

The PAN card database should provide a provision to include multiple addresses or address of the PAN card holder.  In my case I own a house in Bangalore, my parents property is in Madurai and I presently Live in Chennai.  In case of adversity we always tend to go our Parents residence to live our rest of our life.

Hence, the PAN should consider multiple addresses ( self, spouse, parents, in laws) residential addresses also to be included in the DB.  The office address could also be a historical record but it's the residence address that should provide the flexibility include all these address (self, spouse, parents, in laws -owned or tenancy)...

This  allows the tax payers to file tax returns anywhere around the globe through their GPS coordinates location to select the present address, current place of residence to file tax returns with ease and with comfort.

Please also allow update of address in PAN database as part of tax filing or as part of the ITR workflow to enable smooth tax filing.

Hopefully the Government of India (countries) consider such practical scenarios or use case.

Tuesday 29 June 2021

Tax Payment for property tax online via BSK website Karnataka

The online platform or portal from NIC for property taxes to be paid online shall include the following user cases,


Search property by Full Name, Mobile or Phone number, Individual Identity number, Tax identification number
Retrieve all property records from the repective corporation's or all States
The user selects all the records for which taxes are due
The user is requested for profile login using mobile or individual Identity number or via Tax identification number authentication
The user's can configure profile settings via mobile number or email id based login.
The selected records along with respective due amounts would be prepared for payment when the users clicks or select Pay Property Tax. 
The user would be asked for confirmation of the properties information, the total amount due, select the payment gateway and proceed with payment steps
The successful completion of payment shall send a message to the users mobile of the successful payment, display online HTML or PDF or open document format read only receipt file in Locale language or regional language along with English or any other language as per users preferences or choice.  The language choice could attract extra charges.
The subsequent login or search of properties Details would indicate the taxes paid or dues accordingly for all properties in the users name.
The users shall or can configure to store their receipts in online storage drive's like Digilocker, Google drive, Microsoft Drop box of their choice etc.
The users would be able to query properties records or receipts or dues online.
The receipts could be a consolidated report of properties taxes paid until the current financial year.
The receipts could also be a regular detailed report of properties taxes for each property as a Page (s) and shall display or the users could view or they could downloads on need to transfer to another system as the need may be.

The taxes due or option to pay via any payment gateway like GPay.  The GPay shall provide flexibility to store or fetch the details and auto pay or manual pay using its app. 
The user doesn't have to key in the properties information's again and again.... 
The payment apps or the portal shall consider Fexibility, ease of use and anytime, anywhere access, complete payment in 5 minutes,  and the receipts are stored and available for ever in the Data store or online cloud storage platform or driver's.
The properties Details can also be queries on behalf of family members based on Individual Identity number personal profile details to query common ancestral or family members properties to pay taxes online. This could involve extra authentication steps.
The properties once sold to a buyer then the properties Details ownership of the seller would indicate property sold or transferred or gifted. 

The portal shall provide a feature to share users experience or feedback or comments or suggestions or ideas through a online workflow or via a email ID.

These features are so common across all villages or counties, district's and hence the portal should be able to provide common framework or SDK for the district's or States to collect taxes uniformly. 

The taxes paid online would be transferred to the village panchayats account or to the district's corporation account based on the address of the property(taluk, ward number, village name or address).

The query texts, search results, payment, payment gateways information, passwords, pins in language specific numerical keys like Roman letters, reports, receipts all shall consider i18N, display of numerics as per locale language numerical pads, multilingual, users preferences based or on demand choice of languages, Calendar and date time as per locale language or regional language...
The receipts or reports mandatorily would include headers and footers.  That includes Property I'd, owner name, masked IIN, masked Tax identification number, masked mobile or phone number and so on...

The portal shall include a user or family specific or family ancestral dashboard for viewing, querying, payments, buying, selling, registrar registry entries, dues, legal status, historical records, get encumbrance, share encumbrance, change workflows on property for property development or extension or modifications to property in terms of additional floors and so on....

Hopefully, the NIC considers the above requirements or suggestions as well.
They could further enhance the feature considering the users perspective.

Wednesday 23 June 2021

SIM card

The SIM card issued by the Mobile Companies could possibly consider the following aspects. 

The place of issue (district - place of purchase or issued) telecom Circle State, profession,/ Country / Association of Countries, Continent's, Planet as this could become parameter in the charges / taxes.

The movement of people across the state could attract more taxes or charges based of type of subscription sought, individuals, students, professionals, businesses, Government, Government staffs, tourists, visitor's, Sports personnel's, NGOs,Non profit organization, Entertainmet industry like cinemas and so on.

The charges could be one time place of issue, region of usage - default Circle and on the move roaming charges based on county, City, District, State, Country, Association of Countries, Continent's, regions, union territory Planet and so on...