Day: June 5, 2020


5 min read

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Whether you’re working as a copywriter or a graphic designer, most freelancers and solopreneurs offer on a service-based model. It can be the perfect way to get started; with little more than a laptop and an internet connection, you can connect to clients around the world and start earning money.

The problem, however, is that while it may be easy to start a service-based career, this path isn’t always ideally suited for scaling later on. The good news is that by adapting the way you sell your services, you can “productize” your and see a big increase in . Here’s how.

1. Determine the right product match for your business

Naturally, your first step is finding a way to package your services so they can be sold as if they were a


 


Once you logged in click on the ‘e-File’ menu and click ‘Income Tax Return’ link. Fill in the asked details and submit it.  


Then you can verify your ITR electronically and via physical verification. In the case of e-verification, you will not have to physically send your tax return to the Income Tax department.

 


After the return is verified, either via e-verification or physically, the income tax department will start processing your tax return. Once it is processed, the tax department will inform you of the same via e-mail. 


 


Ahead of the (GST) Council meeting next week, the Centre on Thursday released compensation worth Rs 36,400 crore to states for three months up to February 2020.


The much-delayed compensation comes at a time when state finances are under severe stress due to the Covid-19 lockdown.



“Taking stock of the current situation due to Covid-19 where state governments need to undertake expenditure while their resources are adversely hit, the central government has released the for the period between December 2019 and February 2020 on Thursday,” the Ministry of Finance said in a release.


The of Rs 1.15 trillion for April-November 2019 was released earlier, the government said. This stands against Rs 95,551 crore collected as cess in the compensation fund in 2019-20 (FY20).


The compensation mechanism to states under

The world’s biggest has cost India millions of jobs, resulted in record low economic activity, and fueled the biggest earnings decline in at least six years.

Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year, the worst drop since at least 2014, according to Bloomberg-compiled data. About two thirds of the firms in index have announced results for the March quarter so far. Communications, energy and industrials recorded the steepest declines on an adjusted basis.

ALSO READ: Wealth of US billionaires jumps $500 bn during Covid-19 pandemic: Report


Stay-at-home measures triggered by the pandemic has kept most of India’s 1.3 billion population indoors since late March, leading to a collapse in business activities. Group Inc. expects gross domestic product to contract 5% in the fiscal year through March 2021, which would be