HENCY R SHAH AND ASSOCIATES

  ⚖️ 𝑾𝒐𝒓𝒌-𝑳𝒊𝒇𝒆 𝑩𝒂𝒍𝒂𝒏𝒄𝒆: 90 𝑯𝒐𝒖𝒓𝒔 𝒗𝒔. 𝑾𝒐𝒓𝒌𝒊𝒏𝒈 𝑬𝒇𝒇𝒆𝒄𝒕𝒊𝒗𝒆𝒍𝒚 👋   𝐴𝑟𝑒 𝑦𝑜𝑢 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 𝑡𝑜𝑑𝑎𝑦? The debate is heating up after L&T’s Chairman recently suggested that working 90 hours a week and even on Sundays is essential for building India. But is it really about how many hours you work or how effectively you work? 🤔 Let’s dive in! 🕒 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝟗𝟎 𝐇𝐨𝐮𝐫𝐬 𝐚 𝐖𝐞𝐞𝐤: 𝐀 𝐁𝐚𝐝𝐠𝐞 𝐨𝐟 𝐇𝐨𝐧𝐨𝐫? For some, long hours symbolize dedication and ambition. They believe that: More hours = more output Success requires sacrifice, including personal time 🛠️ 𝑅𝑒𝑎𝑙𝑖𝑡𝑦 𝐶ℎ𝑒𝑐𝑘: Long hours might lead to burnout, reduced creativity, and compromised health. Are these worth the trade-off? 🚀 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞𝐥𝐲: 𝐒𝐦𝐚𝐫𝐭𝐞𝐫, 𝐍𝐨𝐭 𝐇𝐚𝐫𝐝𝐞𝐫 On the other hand, working effectively focuses on: Prioritizing tasks for maximum impact Leveraging tools and processes to sav...

  📊 𝑺𝒖𝒈𝒈𝒆𝒔𝒕𝒊𝒐𝒏𝒔 𝑴𝒂𝒅𝒆 𝒃𝒚 𝑰𝑪𝑨𝑰 𝒊𝒏 𝒕𝒉𝒆 𝑷𝒓𝒆-𝑩𝒖𝒅𝒈𝒆𝒕 𝑴𝒆𝒎𝒐𝒓𝒂𝒏𝒅𝒖𝒎 – 2025 As we approach the new fiscal year, the  Institute of Chartered Accountants of India (ICAI)  has proposed several significant recommendations in their Pre-Budget Memorandum for 2025. Here are some key suggestions: 💡 𝑲𝒆𝒚 𝑫𝒊𝒓𝒆𝒄𝒕 𝑻𝒂𝒙 & 𝑰𝒏𝒕𝒆𝒓𝒏𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑻𝒂𝒙𝒂𝒕𝒊𝒐𝒏 𝑺𝒖𝒈𝒈𝒆𝒔𝒕𝒊𝒐𝒏𝒔: 🔹 𝐈𝐧𝐜𝐨𝐦𝐞 𝐟𝐫𝐨𝐦 𝐒𝐡𝐚𝐫𝐞𝐬 & 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬:  Propose a new income head, “B - Income from shares and securities,” covering dividends, interest, and capital gains. 🔹 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧:  Advocate for regular enhancement of the standard deduction, based on the cost inflation index. 🔹 𝐀𝐦𝐞𝐧𝐝𝐦𝐞𝐧𝐭 𝐨𝐟 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟒𝟒𝐀𝐃𝐀:  Suggest deeming 33.33% of gross receipts from professions as “Profits and Gains of Business and Profession.” 🔹 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐢?...