To compete successfully in the knowledge-based economy of the 21st Century, QuickFMS participated in Indo-Global Education Summit & Expo 2017, a unique event organized by the Indus Foundation (a non-profit trust) truly focussed on collaboration with foreign universities & student recruitment.
The Summit & Expo 2017 had sessions on skill development and academe – industry collaboration. Also, separate sessions for student recruitment. Mr. Amit Prasad, our MD & CEO of QuickFMS was invited as an honourable speaker to address the gathering from higher ranks including Vice-Chancellors, Directors, Principals, Provosts, Deans, Dept. Heads, Faculties, Scientists, Researchers, Trustees, Correspondents, Government Officials, Students and others connected with higher education. This session from the very successful entrepreneur, Mr. Amit Prasad with his extensive, amazing & innovative way of looking at opportunities left a lasting impression in broadening their horizons.
SatNav Technologies (which happens to be the parent company of QuickFMS) was represented by Naveen Goud, DGM Sales & Rachel Paul, DGM Corporate Sales of our core team. They had an excellent experience interacting with students of various institutions who were inquisitive to know the different features of QuickFMS; and is expected to have mutually supportive & synergetic effect. Also, had the opportunity to explore business ventures with other startups & entrepreneurs.
Undoubtedly QuickFMS once again, stood out as an evolving exceptional product matching international standards & was identified as unique with its distinctive features among other participants from education, business & government sectors around the world who took part in the Summit & Expo.
Are you confused with all this hungama around GST? I am with GST but I am against it, is that the message you’re receiving from some groups ? And this must be confusing you even further? Fret not, you aren’t alone and you aren’t at fault either! The Fact is that all this confusion is created intentionally, some people are assuming that they’ll suffer under GST so they’re spreading negativity about it. What surprises me is why some products that are going to become cheaper under GST are shamelessly announcing Sale season and trying to clear off stock.
But if it is such an amazing game changer, why would anyone hate it? How does it affect you as the Aam Aadmi of the country? To understand that, let me give you a Dummy’s guide on some background aspects of our country. A big hype is that small traders are going to hurt under GST, so consider your neighbourhood kirana store. He charges you by the MRP of the product which already includes taxes across all levels, but he pays no tax at all thereby pocketing all your money. Since GST will trace goods across all levels, he needs to get used to lesser profits. Rather than shedding crocodile tears over them, let us be happy that our hard earned money will no longer go to the black economy. And if the small trader cannot survive legally, then he might as well go and work for Walmart.
Over the years I have seen many businessmen buy smaller cars than they can afford but they go to a neighbourhood car accessories store and invest lakhs in upgrading various features which are normally available in high end cars. So why can’t they buy high end cars in the first place? Well, because they don’t have ‘entry’, but pray what is an entry? Dumb-Head that you are, obviously you don’t know that business in India is done mostly without ‘entry’ into the books of accounts. Businesses transact in crores but all of that goes into the parallel economy. I know a person who was paying close to a crore for an old flat purchase, but wanted to give most of it in cash because as a family he was showing only 1 lakh per earning member’s income!
Several moons ago in 1992 when I first started investing in the stock market I applied for the IPO of State Bank of India. I was lucky enough to get 200 shares allocated, thereby giving a bumper profit of over 50,000 Rs and obviously I was delighted! Having seen my family pay taxes before they get money home, I asked my financial adviser how much should I put aside for tax and he started laughing, he said only stupid people pay taxes. I remember telling myself even then, I hope days change soon and fortunately things are changing slowly since a few years, GST will hasten that change!
On the other hand, for the honest tax payer it has been a very uneasy journey, for those who pay taxes regularly or those who get salaries after Tax is deducted from their earnings. Even on that tax paid money, we pay tax when purchasing insurance, paying mobile bills, while eating at restaurants, when staying in a hotel and what not, making our effective tax rate not 30% but well into 40% or more! It is time India came up with a rewards scheme for those who are genuine payers.
For example, how about a Premium Club of tax payers who get Lounge access at all Airports, Special discounts in all Government Hotels , Restaurants, Guest Houses, Special membership to clubs the Government owns ? Make different tiers and institute a reward points scheme, more the points, more benefits you can avail at designated outlets. It would make payers feel recognized and rewarded and it has already been tried in some countries abroad. Besides, these discounts would only be similar to what Politicians and Bureaucrats enjoy off the record anyway, at the tax payer expense, just time to widen the net a bit further, to deserving people? Thus, encouraging more people to come forward and contribute towards building the nation.
So in summary my dear fellow Citizens of India, don’t get confused with all this hype, have confidence that worldwide, this kind of measure has given more benefits than ills. Think of the dozens of taxes we don’t need to bother about, just one single rate and one single country. Don’t get taken in by the hysteria or the initial setbacks that are likely to happen anyway. In the end we will have a cleaner India with less of Grey areas.
Thank your lucky stars that just like P V Narasimha Rao came in 1991 with a fresh policy that put the country on the path to restoration and glory, initiatives such as Demonetisation and GST are shaking up the country like never before, number of tax payers are increasing, number of people who accept credit cards and payment wallets are increasing. The phrase “cash is king” is slowly becoming less relevant, the old Order Changeth, we as well as our Children will reap the rewards of these !! Jai Hind !!
PS: Forward this article if you liked it and have experienced something similar, lets make India aware!!
Itâ€™s that time of the year again when everyone is busy planning a fun-filled Christmas party. With only a few days left for the Christmas party, the preparations are in the full swing. But wait, are you still looking for unique office Christmas party ideas?
Check out these 10 ideas, which will forth your office Christmas party to the next level of excitement.
Pay great attention to the decorations! Christmas tree, ornaments, candles, Christmas LED lights, wreaths, garlands, tree toppers and other decorative items should be bright, attractive, colorful and well-placed.
Food has to be delicious, perfectly cooked and baked, so that all your employees remember the office Christmas party for long.Take some time-out and arrange the best Christmas meal.
Fun activities are a great way to add charm to your Christmas celebrations. Organize amazing, fun-filled Christmas activities and games, which your office employees and staffs can enjoy.
The Perfect Wine:
The celebrations will remain colorless without Christmas wine. Arrange the best wine for your office employees, who love to drink. Meanwhile donâ€™t forget to arrange mocktails for all those who donâ€™t like alcohol.
Donâ€™t forget to arrange the choicest tracks for the Christmas party. Needless to say, Christmas Carols will be amongst the most loved songs during the party.
The Christmas Cake:
The festivities are incomplete without a Christmas cake! Look for a famous bakery shop, and give an order in-advance to avoid any rush at the last moment. Make sure the cake you order is sufficient for everyone present at the party.
Buy Christmas gifts for all your business employees and staff members to make them feel special. Spend some time in the market, and you can easily get attractive Christmas gifts for every budget.
Set up a projector, put some comfy chairs or beanbags around and arrange some movie snacks like popcorn and enjoy some beautiful and heartwarming films on Christmas-The Santa Clause, A Christmas Story or Itâ€™s a Wonderful Life to Bad Santa.
Gather your employees and make some Christmas crafts together. Make wreaths, holiday cards, wrap gifts and decorate your workstations together-while enjoying your holiday treats and drinks.
Set your work station to look like Santa’s workshop- a place for Santa visits with piles of gifts on a sleigh. Organize some team-building activities at different workstations. Ask someone to wear a Santa dress. Everyone will enjoy taking pictures with Santa.
See presentation here: Christmas Party Ideas at Workplace
You might be following the best practices to ensure complete fire protection and safety in your home, but what about your office and commercial property? No matter you own a retail business, manufacturing industry, or an IT agency, you need to ensure the safety of employees, staffs, and visitors at your workplace.
Fire safety and prevention should always be a primary concern at your office and other commercial facilities. Here are top 7 ways to ensure fire prevention and safety in offices.
Donâ€™t compromise with maintenance works
Never compromise and delay the regular maintenance work for your central heating, ventilation and air-conditioning system, power backup solutions, computers, heavy electric appliances and other electrical components installed in your workplace. For manufacturing industries, all big machineries should be properly serviced from time-to-time.
Electrical Wiring & Circuits
Make sure that your officeâ€™s electrical wiring and circuit is well-planned and installed properly. Replace all damaged and cracked electrical sockets, cords and wires without any delay. Never buy cheap wire or sockets for running heavy electrical equipment. Make sure that the electrical equipment which you are using is of top-quality and manufactured by a reliable name. Donâ€™t overload electrical circuits.
Never allow your employees, staff or visitors to smoke indoors. Careless smoking can cause fire and hence, it should be done outdoors only. However, you can have a dedicated and separate arrangement for smoking, also known as â€˜smoking areaâ€™ within your office premises. This place should have proper air ventilation and should follow the necessary guidelines.
Your office premises should have fire extinguishers installed at clearly visible and marked placed throughout the office premises and commercial facilities. Make sure that the fire extinguishers are working properly and serviced on-time. Teach your office employees and staffs to how to use a fire extinguisher in the time of need.
For big office buildings and commercial facilities, having a separate emergency exit is importantly required. Keep the emergency exit clean, dry and free all the time. Donâ€™t use your officeâ€™s emergency exit as the way for office or canteen supplies. Also, donâ€™t have any office furniture as an obstruction in the approach to the emergency exit.
Store hazardous materials separately
All flammable materials, either in solid, liquid or gaseous form should be kept separately in designated and safe areas. Teach your office staff to handle the flammable substances very carefully.
A mock drill is the best way to re-create the situation of an actual fire emergency. It is also an effective way to analyze your fire prevention and safety preparations. Conducting a mock drill once in a year would also teach your employees, how to behave and evacuate the office building in less time under any similar situation.
“Remember, an early preparation and prevention is always better to minimize the loss of life and property in the case of a fire accident”.