Sharing Knowledge

What I know, you mightn't know and what you know I might not know. So the best way is to share with each other what we know.

[dipendrapoudel]

6 Business Lessons I learned from mother : These might break your school lessons

It is said that, “Mother is a first teacher and home is the first school.”

Just by reading the above heading if you are thinking that I am from big Industrial/Trading family then stop thinking. You are wrong. My mother simply has not completed schooling but she is entrepreneur.

Theories might be waste some time, research done and conclusion made by great scholar might fail under some circumstances.

- See more at: http://thusshare.blogspot.in/2014/08/6-business-lessons-i-learned-from.html#more

[dipendrapoudel]

5 Powerful Ways to Take Maximum from your Interns

Hiring interns and getting job done from them is challenging task for any organisation. We can say interns are sound theoretically and new to practical world. Other major characters can be they are keen to work and learn. They are always looking for challenges and to keep good track-record for the future reference.

What I am writing is based on what I have seen and experienced. While working as an intern for the CA firm in New Delhi. In many cases, organization fail to hire appropriate interns. I have seen many firms selecting just in basis of grades and references.

Interns can be just additional cost to your company if you can't use them appropriately.

Interview in detail

This is the most important tool to know your interns. Know their interest area and find if you can locate them in the same field. Just check if they have knowledge about industry base, your product and services. You should be wise enough to know them in personal too.

Find their passion

little things already discussed in above point, but that was not sufficient. You can take maximum if your intern don't feel that they are working. Just keep in mind, interns are enthusiastic to work more, take challenging job and keen to prove their worth.

Communicate frequent and Communicate sufficient

If you want to take maximum from interns then you should show good leadership tactics. You should communicate with them frequently and sufficiently. Communicate about your organization, clients and clients value, your products, services and its value. Make them well known about your company and your clients too.

Fulfill your promises

Just don't speak just to speak and don't write just to write. You have to protect the worth of the company. I will request readers not to make unnecessary promise if you can't make it come true. I have seen many CA Firms who makes promises in their websites like, we train and update our employees regularly.. , we have efficient system ... etc. etc.

Fair treat is the best treat

The worst experience is when your boss is not treating equally. when one intern is getting sufficient chance to explore and another is getting bored at office then it is nightmare. Don't become boss, become a leader. Everyone has distinct quality, you have to find and work on those.

These were the major five ways following which you can take maximum out of your interns. Although interns might be new to workplace, they posses knowledge, they know latest trends and technologies, they might know market scenarios etc.

Make workplace stress free workplace. Happy working ahead.

[dipendrapoudel]

Surfacely whole India has responded overwhelmingly to new budget. Medias are full of headlines like "prospective budget", "achhe din", "Gujrat Model", "FDI" etc etc ..... There are a lot expectations in implementation side as promised in the budget. What do you think about the budget? Are good days coming or not? In this article we will concentrate on tax implication. - See more at: http://infodipendra.blogspot.in/#sthash.6XUXVioe.dpuf

[dipendrapoudel]

What's the value of education, when it is just limited for passing the exams?

[dipendrapoudel]

Searching for Humanity :( Give us our girls

Right to be educated and right to live

First bring back the girls and then their books too.

#bringbackourgirls #bringbacktheir books

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Lets pledge together because that is what we can do

[dipendrapoudel]

How to increase link in tumblr

how to increase the links in tumblr?

[dipendrapoudel]

you have money, you share you loose

you have things , you share you loose

you have knowledge, you share you gain

Don't stop sharing Knowledge 

[dipendrapoudel]

7 Steps to Achieve Your Dream

Want to get going on your goals? This is how.

Chris Widener

“Vision is the spectacular that inspires us to carry out the mundane.” —Chris Widener

Can achievement be broken down into steps? It isn’t always that clean and easy, but those who achieve great things usually go through much of the same process, with many of the items listed below as part of that process. So if you have been struggling with achievement, look through the following. Begin to apply them and you will be on the road to achieving your dream.

KMF: Keep Moving Forward

Step 1: Dream it. Everything begins in the heart and mind. Every great achievement began in the mind of one person. They dared to dream, to believe that it was possible. Take some time to allow yourself to ask “What if?” Think big. Don’t let negative thinking discourage you. You want to be a “dreamer.” Dream of the possibilities for yourself, your family and for others. If you had a dream that you let grow cold, re-ignite the dream! Fan the flames. Life is too short to let it go.

Step 2: Believe it. Yes, your dream needs to be big. It needs to be something that is seemingly beyond your capabilities. But it also must be believable. You must be able to say that if certain things take place, if others help, if you work hard enough, though it is a big dream, it can still be done. Good example: A person with no college education can dream that he will build a $50 million-a-year company. That is big, but believable. Bad example: That a 90-year-old woman with arthritis will someday run a marathon in under three hours. It is big all right, but also impossible. She should instead focus on building a $50 million-a-year business! And she better get a move on!

Step 3: See it. The great achievers have a habit. They “see” things. They picture themselves walking around their CEO office in their new $25 million corporate headquarters, even while they are sitting on a folding chair in their garage “headquarters.” Great free-throw shooters in the NBA picture the ball going through the basket. PGA golfers picture the ball going straight down the fairway. World-class speakers picture themselves speaking with energy and emotion. All of this grooms the mind to control the body to carry out the dream.

Step 4: Tell it. One reason many dreams never go anywhere is because the dreamer keeps it all to himself. It is a quiet dream that only lives inside of his mind. The one who wants to achieve their dream must tell that dream to many people. One reason: As we continually say it, we begin to believe it more and more. If we are talking about it then it must be possible. Another reason: It holds us accountable. When we have told others, it spurs us on to actually doing it so we don’t look foolish.

Step 5: Plan it. Every dream must take the form of a plan. The old saying that you “get what you plan for” is so true. Your dream won’t just happen. You need to sit down, on a regular basis, and plan out your strategy for achieving the dream. Think through all of the details. Break the whole plan down into small, workable parts. Then set a time frame for accomplishing each task on your “dream plan.”

Step 6: Work it. Boy, wouldn’t life be grand if we could quit before this one! Unfortunately the successful are usually the hardest workers. While the rest of the world is sitting on their sofas watching reruns of Gilligan's Island, achievers are working on their goal—achieving their dream. I have an equation that I work with: Your short-term tasks, multiplied by time, equal your long-term accomplishments. If you work on it each day, eventually you will achieve your dream. War and Peace was written, in longhand, page by page.

Step 7: Enjoy it. When you have reached your goal and you are living your dream, be sure to enjoy it. In fact, enjoy the trip, too. Give yourself some rewards along the way. Give yourself a huge reward when you get there. Help others enjoy it. Be gracious and generous. Use your dream to better others. Then go back to No. 1. And dream a little bigger this time!

[dipendrapoudel]

Some phrases that might cost you job: Never use it in professional context

Hi,

Today there is something very important to share with you all. A real important topic, and I promise it will be lifelong useful to all of us. Many times while speaking we don’t notice that our word/phrases might give negative meaning, although we feel we are being positive. These phrases sometime can cost your loved job too.

Remove these phrases from everyday professional life. It will be best if you can leave your ego along with these phrases down at home when you move to your work.

Do you want this?

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       1.       “That’s not my job”

This is most dangerous phrase and it is sure it will make your manager and co-workers angry. It is not always certain that you will be assigned the job that is in your original job description. Sometime the company needs you, so it is greater good for the company if you can lend your hand wherever and whenever possible.

  2.       “I’ll try”

This phrase alone is enough to prove that you have doubt within yourself. This shows you incompetency and it will also eliminate trust towards you from your co-workers. Remove “try” and say “I will”.

       3.       I dislike

Don’t be negative. Don’t show what you like and dislike. Repeating this phrase frequently and flourishing negativity rather try to create some positiveness. Love your job and if you can’t then leave it. If you can’t leave then stop showing your taste and find positiveness  in your job.

      4.        “I’m too busy”

Everyone is too busy in organization. It’s time to face the heat.  Rather than using I am too busy you can use phrases like, “Once I tackle this task I will be happy to look at that”

Some Phrases you should avoid in case of interview

      1.       “I think ……"

      This phrase shows self-doubt. Something, that you can’t risk it in interview. You  can replace this word with some confident words like “in my experience ….”

      2. “to be honest”

   You won’t be able to notice that how much adverse phrase you are using. It completely sounds positive but it has a big negative meaning attached in its backwards. Your interviewer can raise you a question “weren’t you positive before”. It only shows your negative character. It is best to avoid it.

    3.        “My previous employer was awful…”

  Don’t do this mistake. This phrase along is sufficient prove that you are disloyal and untrustworthy. Don’t show bad mouth. If you really don’t like your previous employer then   don’t turn your bad mouth.

4.       “me,me,me….”

This was the greatest mistake I made in many interviews. I had to pay very high price for using this word but thankfully it is not too late. I got guideline very timely and in future there won’t be repetition of any kind of these mistakes.Show you can work in group; you have nice skill of co-ordination. Too much “I” is always harmful in long run.

There are some phrases that are better to be removed from your resume along with the LinkedIn network.

 1.       “ highly qualified”

       Show this, don’t write. List the experience that makes you highly qualified. Writing simply highly qualified may peg you as lazy or dishonest.

      2.       “Familiar with..”

       Once again, it is necessary to show your employer how much you have used certain technical skills. Just  don’t write familiar with c++, java etc.

      3.       “Team player”

       Don’t use your tongue to prove what you are, prove with your experience. What, when and where you have  achieved by working in team.

     4.       “Problem solver”

      You are a problem solver, wow great!!! Might be one among the response you will get after HR looks your resume. Break down your resume to represent  your abilities as a problem solver rather share the problem-solving achievement that benefited your previous employer.

                                                                   Happy reading

      It will be immense pleasure to hear something from your side. I will be glad to hear some phrases from your side that promoted or fired you from your workplace.

      Stay connected.

     Thank you

           Dipendra Prasad Poudel

         [email protected]

    www.facebook.com/infodipen

[dipendrapoudel]

No LinkedIn: Missing chance to be connected with millions of professional

When I heard about LinkedIn the idea fascinated me. Get together with millions of professionals, discuss intelligent topic, hire and get hired etc.  Just afterwards the routine changed. Spending hours a day to create good profile, finding match professional and start connecting with them, joining groups ,giving own views and asking others views. 

LinkedIn can be real boon if we know how to use it. Especially for fresher’s it can be portal for referral too. I started asking my school friends, college friends and friends of profession if they are in LinkedIn, some said yes and some said no. Many raised the counter question what is LinkedIn?  

LinkedIn is a social networking site for professionals and companies. It helps you too find the right match i.e., right job for your qualification and qualities. Apart from it, it takes you to the large global market, make you know about various new happenings, researches, innovation and discoveries. There are thousands of HR professionals who might hunt you, if they found you are needed for their companies and also there are companies who will ask you to disclose your LinkedIn profile in their career portals too. 

When I was searching the ways to make my LinkedIn profile fruitful I searched a lot. Read the various article published in LinkedIn by various professionals, followed LinkedIn pulse, followed the ideas of various authors etc. Here are the some tips that I gathered, which can be useful for you too.

 1.      Just don’t create LinkedIn when you need it

This is the greatest mistake I did but you shouldn't do the same mistake. Just start creating LinkedIn connections now. If you don’t need it now, it can be great help in future.  Just take part in group and start being noticed. Try to get the top contributor badge in few groups of your interest and profession. Surround yourself with diligent people; who are far more superior and experienced than you. It will help you to broaden your mind thinking.

     2.    Choose hero picture

Be sure, you are looking the best. The photo should be in your professional attire as far as possible. Second thing about photo is don’t put selfie type photo like in Facebook. You mustn't use certain photos like showing peace sign, unnatural expression of your mouth, face and eyes, group photos etc. Your photo must be as latest as it could be.

     3.     Re-visit your goals

At the most basic level: LinkedIn is all about marketing yourself.  Who are you isn't as important as what you want to accomplish, so think about your goals and convert your goals into keywords.

     4.     Strip out the clutter

This might be the most important point to consider while making your LinkedIn Profile marketable.  Just cut the things which are totally unnecessary. Today what you have achieved in grade 3 or 4 is irrelevant. So don’t bother to disclose it. Secondly, you needn't disclose all the job experience you have. For example: you have worked in hotel as a waiter for financing your studies, now you are applying for the post of manager or anything you shouldn't disclose it. But if you are applying in hotel industries, please disclose your experience as a waiter too.

     5.     Don’t forget to care and share

The easiest way to frequently update and customize your profile is to share and care.  The article, blog post, videos you share comes in your activity stream and it will certainly help you too reach the desired position. Second thing is to care; care what your connections like, create those type but professional discussion, comment in the same way. Don’t forget millions of professional might be watching you.

     6.     Recommend and ask to be recommended

Careful guys, it’s not easy task. You have to think thousands time before you recommend about others. Take care what you are writing and it should be matched with the profile of the person to whom you are recommending. Recommending others will help you to increase your profile views as you can be seen in others profile too.

Asking recommendation is a great challenge. Don’t ask recommendation from those whom you don’t know very well. No one can recommend about you just viewing your profile.

     7.     Don’t be generic

This point is what you need to understand the most.

“I’d like to add you to my professional network on LinkedIn”

How much busy might you be, but for the gods shake don’t use this same auto-generated message. Let the person whom you are trying to be connected know how much precious s/he is for you. Think for some time, view their profile and create own message. This might boost your connection.

Additionally it is advised not to mention words like highly professional, familiar with, team player, problem solver in your description. Just describe your qualities like what makes you highly professional and so on. Those are words used by lazy person.

Happy reading

Don’t forget to share this article, comment your views and share your experience with LinkedIn. I was posted from LinkedIn referral. So it is my great experience.

You can reach me in LinkedIn

Step 1: go to search box and type “ Dipendra Prasad Poudel .”

Step 2: click on connect button

Step 3: If you were my classmate, colleague then you can choose those option.

Step 4: if not go to other option and type my email address “ [email protected]”

Your Fan

Dipendra Prasad Poudel

www.facebook.com/infodipen

[dipendrapoudel]

Failed : Don't Worry, Many Failed Many Achieved

Failed, don’t worry. Those become fail who do something big. You are the hero and you need to trust yourself. No one knows you better than yourself. Other just doubt, criticize, support, show care in what you show and what you say but who knows the inside dynamic personality. Man becomes great with two things.

1.       Where they see themselves: - It doesn’t matter where you are today but it matters where you see yourself tomorrow.

2.        What are they doing to get their dreams:- Always remember everybody dreams, few participate in race and one become champion. In a layman word, your dream doesn’t matter if you are doing nothing to achieve it.      In this materialistic world there is no something for nothing. You have to sacrifice something to get something. Everyone dreams of love and success. Dream doesn’t have any value if you don’t go to obtain it. Starting to get your dream is equal to achieving 50%. Just because, starting is difficult. You need to take bold decision, sacrifice some great time and move for your dreams. Don’t listen to others if you feel what you are doing is great. Be crazy, be mad but never ever give up.

Just go to library fetch the books of worlds successful business people, worlds successful politician, worlds successful  social works, books of great motivators, books of various scientist and authors we can find something in very common.

They have failed number of times but they never gave up.(Abraham Lincoln)

They have the high dreams that they always carried with themselves and never let it to be washed away whatever the situation was. (Martin Luther King, jr)

Challenging time, troublesome situation is in everyone’s life. But what we need to focus on what we have rather than what we don’t have. The great people have done this. (Florence Nightingale)

They suffered from poverty, depression and lacking everything that is utmost to live.(Thomas Edison, Steve Jobs)

Look you and I are not only those people who have troubles. Many had, many have but what we need to focus is what we have and what we can achieve. Just focus in your race, be fair player and be regular struggler. We can achieve and then become a legend.                  Don’t forget, “whatever happens it has great reason to happen.”

Thank you for reading. Please share your views regarding this Hero Article.

[dipendrapoudel]

Journey To CA Final

It was not the decision of my conscious mind to join CA; neither was it decision of my unconscious mind. It was the decision of my sub-conscious mind.  I was in grade eight when I know a profession called CA. At that time I even didn’t know the full form of CA and today I am in CA final, Waiting to write my name as-CA Dipendra Prasad Poudel.

Deelip karki sir (our accounts as well as optional math’s teacher in grade eight) firstly told me that one can become CA in response to my question “what can I become if I choose accounts?” He said it is highly respected post. I just replied immediately “then I will be CA”. He smiled I don’t know why. Might he have smiled of my immediate unconscious decision or just because he thought a guy who is not so good in academics said he will be CA.

I started searching about this profession and I used to ask to my seniors and relatives then everyone suggested it is tough, you can’t do, some said results are too much low. Indirectly and directly many said Don’t Do.

But there were three great persons who said I should do CA. My father, mother and Thiru Thapa Sir (accounts teacher in grade 9&10), Thiru sir encouraged me a lot. Sometime he used to call me as CA in class too. I used to feel nice.  In grade 9 & 10 I studied hard because I need to be CA.

After sharing how I entered virtually in CA I am sharing something about the real CA course. There are many myths in surroundings regarding CA course and earnings that we can make. People unnecessarily elaborate lot of things and make our profession too much complex and hectic.

I am saying very seriously when I decided to join CA I didn’t know anything about this profession. I knew I have to be CA and nothing else. I wasn’t aware of course pattern, I don’t know where to study, I asked Thiru sir from which college I can do CA?  I was attracted to do CA but I was unaware how, where and when. For some time I was shocked when I came to know it was not like college degree.  It was professional not academics.

Here I am not trying to prove that the course which I am pursuing is the toughest one. I believe all the discipline is equal but there are certain characters which makes one discipline different from another.

Whichever subject you are pursuing is the great one, because you have seen the long and good career in that field. You need to give limitless effort, challenge every exam and surely you need to be smart. There is no substitute for hard and smart work.  But along with this if you are pursuing CA you need to have patience. It is not that you failed because you didn’t study. Sometime when you did nice to results seem to be negative because of percentage barriers.

Oops! It was a long journey to reach CA final. Reaching upto here I have found lots of changes within me. I learned to be patient whatever the condition was. Although I failed I never gave up. I believed that if not today definitely the next time I will crack the exam.

I would love to share the incidence when I failed IPCC for the first time. I was sure I will be fail. 100% sure- because my costing paper went worst, and I was preparing myself before the results too. When my results flourished then I started receiving calls. Some said to join BBA it was not too late, some raised me a question “if you didn’t  pass in this exam then what is the guarantee that you will pass next time?”, some said “I was just wasting my parents hard-earned money in Delhi” they said in such a way that I was relaxing in New Delhi. They raised many question but thanks to my parents they never raised question on my ability. They were just in my side and in side of my dream whatever the situation was.

I am sure to be CA. If I can fail then I can pass too. The great line that motivated me was, “failure is part of success. Many people just give up after failing once; they take temporary failure as a permanent one”. I was sure I will pass the exam if not in first hit then in second, if not in second then in third and if not in third then fourth and so on. There was no reason to give up and there is not any today too.

Today I am presenting my own self-analysis, analysis of a short journey upto here. What I have faced and how I challenged it.

I don’t have any words to thank my parents. Really how could I express my gratitude towards them? I don’t have any words to express my gratitude today. Although we are from rural Nepal my parents really dreamed something high. Nothing mattered them to make me a good child. For me they have sacrificed a lot. Their sacrifice, dedication and struggle has resulted me.

Preserve your high energy

This is the thing I was not able to do. Almost everyone fails to do so and who doesn’t fail they succeed. The earlier days while I joined my CPT in CCMA in putalisadak Kathmandu I was highly enthusiastic and energetic to learn but after some days, I don’t know where and when that energy fade away.

The same happened in case of IPCC and it was one of the main reasons to fail. There should be continuous effort to achieve something and I lacked that quality. I will do my best not to let myself repeat the mistakes I committed earlier.

 The initial Delhi

Five of us namely Dipendra (myself), Niraj Thapa, Sunil Pokhrel,Sunil Ghimire and Gyan Kumar sah travelled from Kathmandu to new Delhi with new hope. It was a moment when we all were committed to achieve our dream profession and every one of us were determined that we will do something special. We all were here to fulfill our own dreams and the dreams of our parents. We were not only travelling far from house we were far from our nation too and we left so that we can achieve and go back with high pride.

The initial Delhi was fun for as well as hectic. We were facing problems to communicate as well as commute. We were in congested hostel and then moved to own flat. There were lots of ups and downs. We used to enjoy, laugh, travel, study and also we used to fight. Anyway those were such a precious moment of life. I am always ok in hostel and I still love to be in large groups than limited friends in flat. Those ups and downs have changed a lot within us. Now physically some of us are far from each other but still memories unite us.

Laxminagar is not a good residential area. But all the classes are centered here. Being in the capital city it is far more unmanaged than it should have been. It was hard in initial phase. You can find many Nepalese. Finding a Nepal neighbor used to make us happy. But lately we realized there are many Nepalese than we have thought. It started being common.

Taking classes

We all used to be busy. Each and every one was in hurry. We had to attend long boring classes. Taking individual teachers had made us busier. We had tight schedule. No time to think about proper fooding because we were always in hurry. We had to commute a lot. From 7 in the morning to almost 10 in the night we used to rush for various coaching classes.

When you fail be strong

This is the message to everyone. Each and everyone of us we become fail. Failed in exam won’t give you a tag of failure but if you failed to win your dreams then definitely you are failure. Don’t take your temporary failure as a permanent one. I have found many just giving up. I have already shared my experience when I became a failure.

The moment I reached in final

Wow! It was completely fantastic moment of my life. I was waiting for the second group results and hadn’t joined articleship yet. I had taken a big risk. If I had failed I just have lost 6 months but I passed. I shared it to my mother then to sister and slowly with everyone. I had corrected my mistakes. I studied hard all day and night. In front of books for 10-14 hours made me someway crack feeling but the thing is I had no any substitution for hard work.

I am in a journey and haven’t reached to harbor yet. But I can see the light house now. I feel now I am safe. I am not sure what will happen but feelings of safety have boosted my confidence.

your fan

Dipendra Poudel

www.facebook.com/infodipen

[email protected]

[dipendrapoudel]

Why I gave the title of Blog as Sharing My Knowledge?

Our parents have thought a lot before giving us a calling name. Some of our names are derived from history, some of us from ancient mythology and some of us getting named from the celebrity. They gave us the best name possible. And today your name is your own brand.

Now let us come to authors. Unless you have read his/her previous book you won’t chose the new author. You just look the title of the book and if it is fascinating you will chose that(new authors)  book to read. No wonder same is the case in movies. I have watched many movies because of good titles only.

Why I am sharing you all these things? Just because I wanted to make you clarify the significance of giving a good and reasonable title.

Today morning, I was just surfing Google Books Store. I was surfing to find some rich self-help books. When I was reading reviews of readers regarding various books the inbox mail tuned.

It was a mail from a person who was working as sales representative in one of the malls in New Delhi. For privacy concern I can’t disclose his full identity. He asked me one question, “why the title of the blog is sharing my knowledge”

He further said the blog name seems to be illogical stating that the knowledge is only shared by gurus, seniors or experts. I am not senior, how can I be guru because I am not the teaching if he means saying guru as a religious person I am not that too. I am just a student then how could I be expert.

Many readers may find this as a reasonable fact that giving a blog title as sharing my knowledge is just an over smartness.  This question is tough for me to answer. I am not the person who is enriched with knowledge neither a person who has god gifted divine power. At this age how can I share my knowledge in blog? In such platform where there are many experts and seniors too.

It is often said that a teacher learns more than the student does. I want to connect this statement with my real life example. It was of that time when I was doing my schooling in Kathmandu. I was in my school hostel. We had one great teacher as a hostel warden. He was from Darjeeling. His good name is Bhola Bhuzel.

I personally take him as my life changing guru. From his inspirations and knowledge I learnt a leadership quality. He built such smart quality within me which make me a proactive boy.

Usually, some Fridays we used to celebrate it as a Good Friday. In that day we (students) used to come in front of everyone then share or show talents. Some of us used to say poem, some used to sing song, some used to do caricature of teacher, staff or colleagues. We used that day as a sharing day. In one of those Fridays Bhola Sir decided to share a part of his life story.

You might feel saying my history I am deviating from the topic. It’s not so. I am providing the source from where I got this topic.

He started saying about his past life. He said about his schooling and college and his decision to enter Nepal.  What problems he faced? How he used to feel while working in trekking routes in Nepal? And the line which I remember the most is “how he used to feel when he used to see child crying in trekking route”. He used to miss her daughter a lot.

After finishing a part of story he looked at us and said, “today I am sharing my past with you, I am sharing my knowledge which I have gain living this life. You all are child today. You are enjoying your life pretty well and I wish you will enjoy all the remaining life. He further said us don’t be hopeless when you get problems. All problems are meant to be solved. Especially to you grade 10 students, might we not meet again or might not I get chance to give you my words again, you all must be very careful choosing your life. Mistakes are part of life…………”

It were a very wonderful lines, I feel blessed that I got such teacher in my schooling. I freshly can remember that day. There used to be small round tables in big hall, big mattress and sir used to sit in middle of that rectangular room. But at that time one phrase captured my attention “sharing my knowledge”.

Then when I created a free website I used it for the first time. My website was not popular because there weren’t reader like in blog. In blog I could find minimum 50 people viewing my blog but website just around 5. After creating a new blog I immediately titled it as same line sharing my knowledge.

And the second clarification I want to give is you needn’t need to be guru, senior or expert to share the knowledge. I personally believe that everyone has a vast knowledge. The potentiality of sharing depends on own self. Age is not the reasonable ground to say that you are young so you can’t share your knowledge.

I can provide a best example that age can’t be barrier. Today many senior and aged directors of the company take suggestions of junior executives. They hire juniors as chief executives for the company.

Look did age seem as a barrier. I think not.

Button line

Sharing your knowledge with others will help you to identify gaps in your knowledge and create a list of topics you can work from to further your own education thus helping you to know what you don’t know. Saying this I am not saying my reader to learn everything. I want to say you  know everything but be specialized in single field. It is good to be master in single field than being jack of all masters of none.

your fan

Dipendra Prasad Poudel

[email protected]

www.facebook.com/infodipen

[dipendrapoudel]

Banking Transaction Tax- Is it Feasible In India?

I know topic is not suitable to every type of readers. I know my all blog readers are not directly concerned with Indian tax, but also wait go on reading don’t click next blog. Here is some fantastic fact for you.

Amsterdam has a house with narrow staircase and hooks over big windows. Since property taxes were based on the frontage of houses, so the builder make narrow frontage and so were the staircase. Furniture could not be dragged up narrow staircase. Hence, furniture was lifted through staircase which explains the hooks.

Britain did not have a permanent income tax till 1842. As a source of revenue, there were property taxes and it seemed an eminently good idea to link property taxes with number of windows in a house. The richer the owner, the more the windows the house would possess. England, France, Spain and Scotland had such window taxes

As a result people walled up windows or built the houses with fewer windows. No wonder houses in many part of Britain are dingy and dark. As a principle it is far better to have direct taxes like income taxes.

Now if you are really interested to read about Proposed Banking Transaction Tax you may click the button read more.

A bank transaction tax is a tax levied ondebit or credit entries on bank accounts. It can be automatically collected by a central counterparty in the clearing or settlement process.

ArthaKranti proposal

As mentioned by their website The ArthaKranti proposal is a well-researched scientific approach designed to completely transform the current Indian socio-economic scenario. This approach will enable 'Principled, Prosperous and Peaceful living' for all citizens of our country.

This proposal is politically neutral; it is open for adoption by any political party at national level. On adoption, it can practically and concretely strengthen the people friendly agendas of political parties!

Agendas of proposal

§  Withdrawal of existing Taxation System completely (except customs i.e. import duties).

§  Every Transaction routed through a bank will attract certain deduction in appropriate percentage as Transaction Tax i.e. Single point tax deducted at source. (say 2 %).

§  This deduction is to be effected on receiving/credit accounts only.

§  This deducted amount will be credited to different Government levels like Central, State and Local (say 0.7%, 0.6%, 0.35% respectively).

§  Transacting Bank will also have its share in this amount as the bank has a key role to perform (say 0.35%).

§  Withdrawal of High denomination currency (say above Rs. 50).

§  Cash transactions will not attract any transaction tax.

§  Government should make legal provisions to restrict cash transactions up to a certain limit (say Rs. 2000).

Advantages of implementation of ArthaKranti

Easy collection of revenue

Government and gov. authorities shouldn't hassle a lot regarding collection of income taxes.

No separate arrangement for tax payment.

As tax is collected in transaction directly you needn’t hassle to make the separate arrangements of tax

Fair and healthy business competition.

With uniform taxation throughout the country, price levels throughout the country can be virtually equal. The distorting influence of local taxes is removed so we will have a common market in this country for the first time. This will result in fair and healthy business competition.

Long term business decisions.

Industry can chalk out long-term policies for the growth of business, without fear of government policies abruptly changing and affecting investment decisions.

More focus on service and quality.

as the taxes are automatically collected on transaction there is no need to devote any resource and efforts towards it. Because of this companies may focus themselves more towards their services. 

Disadvantages/effects of implementation of ArthaKranti

Regressive model of tax

   The BTT, however, does not differentiate between the rich and the poor. Anyone with money flowing into his bank account will be charged a 2 per cent tax on this amount. Whether it is a businessman, who makes Rs 1 lakh a day, or a humble peon, who earns the same amount in a year, will be subjected to the same tax rate.

Roughly 50% of indian don’t have bank accounts(source ET 24th January)

If the above statement published in the leading financial newspaper holds true then it will be disaster for indian economy to tax in banking transactions removing all kinds of direct income taxes.

Rise of black money

Because of bank transaction will be charged with tax there will be rise in black marketing. Although proposal has stated that limitation of cash transaction upto 2000 this is hard to be implemented.

Increased cost of production

Manufacturers will not get credit on taxes they pay in inputs, unlike,say, value-added tax. This will raise the cost of production and make products more expensive for consumers.

BTT is cascading in nature

This model of taxation doesn't provide any input credit system as a result it is cascading in nature. Although the rate is very less (2%) it can’t be said that cascading has no effects at all.

Not enough Bank

This is one of the root problems. Although they (artha krantikari) have said that number of banks can be increased and additionally mobile banking and NFC (near field communication) banking system can be implemented.

My personal view

I am giving a neutral view. I don’t have any give and take relation with Ramdev Baba or any of his association. I personally have seen many drawbacks of system. Keeping commercial bank as a center of economy by removing all kinds of taxes won’t be a good system. And charging 2% in every transaction is very high (from my view point). I will rather do cash transaction than to bank it. (I think many will do the same if this proposal becomes law).

In present scenario too one does everything possible to hide the tax. They hire CA, Consultants just to save their tax portion and do cash transaction utmost possible.

I am not opposing just because religious guru is doing it and also not supporting because religious guru is doing it.

I have tried my best to give independent opinion from my own side. Along with this article I have started poll in this blog please vote your choice.

Please provide me your feedback after reading this article. I am highly enthusiastic to know your views about my article. You can comment here as well as mail me at "[email protected]"

your fan

Dipendra pd. Poudel

(www.facebook.com/infodipen)

sources

www.arthakrantikari.org

Wikipedia

www.sabhlokcity.com

Economic Times (24th January 2014)

[dipendrapoudel]

BMR Advisors - The first interview of my life. :D

The first thing I would like to say is first thing is always wonderful. Just remember how wonderful it might had been for your parents when you say "maa" for the first time, when you have walked single step for a first time, when you had crawled the single step of ladder for the first time( they might have been  surprise and watched you with loving eyes).

  Doing something whatever it is either good or bad, either productive or unproductive, either social or unsocial it is always wonderful. I remember my first love and whenever I remember I certainly feel wonderful. Yeah, my college friends they know it was a type of one-sided and reading this some of you may totally disagree but it was a real wonderful time.

I don’t want to make you think a lot with my unnecessary philosophy and I know I am not too good in literature too. What was the main intention to write this article was to share a most important day of my life with you all. Although I am uncertain about the results what will happen next moment the experience I got today was magical.

I was not able to sleep till 3 in the morning. Whenever I tried to close my eyes only single thing used to ran in my mind “today is interview and first round is group discussion” it’s not that I didn’t tried to forget and sleep but I was unable. The artificial picture and imagination in my mind kept on running, I woke up wrote one blog posted it, shared it in various social sites like facebook and google plus and tried to minimize the load of my mind but gosh I was unable.

I woke up, lit the light keep roaming around the free space of mine and watched the mirror then started conversation with my own image just to persuade my heart that I am strong enough and now I need to sleep. How can my bloody heart let me sleep so easily? It has habit of playing with my pains. It has played a lot when I was in love life, make me cried sometime too (might sound funny because its reality).

I don’t know when I slept. I don’t know the exact time when I closed my eye but when my alarm rang I found myself in bed. My blanket was in the floor and I need to pull my bed to take out pillow from the corner of the bed. But I was happy I slept. I looked the time it was 7’o clock in the morning. I postponed my bathing plan and then postponed my alarm time to 8’0 clock and then slept again.

Dhak dhak dhak dhak

Me: kaun hey bey, abhi to soya hu (who is there I have just slept)

And then one boy spoke from outside:- bhai chaye lekar aaya hu ( I have brought the tea)

I was shocked. Oh teri  tyo    it was already 8:30. Then I started rushing. Scold him for not coming earlier and then started rushing for being fresh. Dressed up, carried documents and took step outside.

I ordered banana shake had it, ask newspaper from local vendor and went to metro heading towards Sikanderpur.

I was boosting myself when I was on the way. I started remembering it was not the first time I was going to do group discussion. I had done it hundreds of time before. I had done when I was member of Eco-Valley club, I had done when I was vice president of Junior Red Cross Circle, I had done when I was school captain leading ten members in school captain team. Ok the only thing that was different was that there it was not said it is group discussion and here it is declared that it is group discussion.

When I reached sikanderpur and took and auto to phase III tower 5 then my heart started beating hard. I started being nervous. My good luck was there again. One well-dressed man in suit came hurriedly and asked me to share the auto. We started chatting. He was newly qualified CA and he was going for interview in another reputed firm EY. I got chance again, I asked for reference if he had any. He said he will try for Grant Thorton. We shared the contacts and then I left earlier as my building was nearer than that of his.

I went inside and then move towards lift. Guard blocked me and said, “sir, name and signature please” showing the register. I smiled and said sorry. I gave my name, address and phone number along with my VIP signature.

Took lift and it was the time I was too much nervous. Alone and I had nothing to think about. 19th floor a man joined the lift. Then came 22nd floor and I came out of the lift.

The story of BMR Advisors begins

I went inside guard asked me in English, “sir, your name please?”

I said Dipendra and he started searching my name in list.

Then he asked me to verify my email id. I did it. He gave me the form and said, “sir, fill it and then submit it”

I watched him with my big bull eye. Smiled and said to myself, “guard can speak better english than me”

There  firm had mentioned thanks note for choosing BMR and the procedure of interview along with blank space to fill my personal details.

It was not the hard task for me. To fill my personal details was the easiest job but what made me think is, “why do you choose BMR? And what are your qualities that make you to choose BMR?”

Something like that, I don’t remember what exactly the question was but surely I remember what type of answer I gave.

I wrote that I want specialized knowledge which firms like BMR can only provide me. I am enthusiastic by nature and I want to take the bigger risks and complicated problems. BMR is expert in solving the complicated problems so I want to join BMR ( at that time my brain wasn't working properly.  A boy who was next to me was not participant and he was there to support his friend. He was looking my resume eagerly and in a sudden way he asked me in Nepali language that if I was student of Nava Jyoti School. He started saying about himself. He had taken education from Nepal but he was an Indian by nationality. He praised Kathmandu and the beauties( girls) of Kathmandu in very short.

I submitted my form and then a young man came to call us for group discussion round.

Everyone entered, a person who was conducting discussion round asked to sit beside the chair and then he said he will call name and then sit down in a continue clockwise pattern.

My name came I took the sit. No one uttered the single sound. It was completely pin drop silence. I was feeling uncomfortable but also I sat straight and paid the special attention that I won’t move the chair, don’t create noisy sound of pen and started looking at others. After few moments, topic was decided by the conductor “is god male?”

You have one minute to prepare and ten minutes to discuss about it.

Aayush agarawal started with the brilliant note. It was just the mind blowing way. I caught the line immediately supporting him that god is neither male nor female.

The discussion went on. I tried to do my best. I showed more democratic way asking others to give chance to those who hadn’t uttered the single word at all. I don’t know what will be the consequences.

But giving interview in such a standard platform was the great experience for me. I feel real lucky. If I don’t get selected to I am not going to throw my dreams overboard. I know Edison failed thousands time before when he innovated electric lights, Abraham failed many times in life before he became president.

So I won’t make the reason to give up by showing my temporary failures as full time failure.  

[dipendrapoudel]

The Special Day- Today I Am Going To Face The First Interview Of My Life

Today is the one of the most important day of my life. This is the first day I am formally entering to a corporate world. I am not entering as an employee but I am giving first interview of my life.

I want to thank CA Neeraj Arora Sir for his guidance and support. Had I not meet him in orientation class I wouldn't have dreamt this much higher? Sir there is a saying is English “seeker always meets master” and so is in my case. I was seeking something high and something great and in the way I meet you. I came in contact with you as a chela. I am really very thankful for it.

Life doesn't go smoothly. Ups and downs are always in the life, the thing is that how much strong you are. Some take temporary failure as a real failure and throw their dreams and ready to throw their dreams overboard. I failed my exams but I never loosed my courage. Being a CA was my dream which I had taken in grade 8 but now I don’t only want to be CA. I want to be specialized CA in certain field. My inexperience has always created a question mark in which field I should expertise.

Today is a great day. I am excited, hopeful but unable to sleep in the midnight too. I know I have to sleep but after switching of the light again the same thinking comes in my mind. How will be my group discussion round today? Will I be able to crack it? Or it will just be wonderful experience of my life? I don’t want just to keep it as an experience and want to record it in my daily diary as a big success.

I have never asked anything with god until now and promising you I have never asked almighty to help me to crack my first interview of my life. I want to make today a big day. A –real- big -day.

I will certainly share my first interview experience with you. Until that just give me your best wishes for my best efforts.

Thank you very much for reading this blog. And special thanks to my friends who are encouraging me to keep writing blogs, my seniors who are guiding me for writing the articles and all those  special readers who sent me bulks of mails after reading my article.

Please don’t forget to comment if you have any or you can directly mail me at “ [email protected]”

Your true fan

Dipendra Prasad Poudel.

www.facebook.com/infodipen

[dipendrapoudel]

One Person Company (OPC)

At first, thanks you very much for reading my blog. In this article I have tried my best to make you inform about the recent hot topic in B-World in India. One Person company has many advantages over the sole proprietorship and many relaxation in government procedure. 

Please provide your valuable feedback after reading article. You can comment as well as mail me in my mail address" [email protected]". Your feedback  is always welcomed.

The revolutionary new concept of 'One Person Company' (OPC) has been introduced by the Companies Act, 2013. This concept of OPC was first recommended by the expert committee of Dr. JJ Irani in 2005.

OPC provides a whole new bracket of opportunities for those who look forward to start their own ventures with a structure of organized business. OPC will give the young businessman all benefits of a private limited company which categorically means they will have access to credits, bank loans, limited liability, legal protection for business, access to market etc all in the name of a separate legal entity.

Though the concept of OPC is new in India but it is a very successful form of business in UK and several European countries since a very long time now.

Section 2 sub-section 62 of companies’ act 2013 defines one person company as a company which has only one person as a member.

Q. Who can incorporate one person company?

Þ Only "NATURALLY-BORN" Indian who is also a resident of India is eligible to incorporate an OPC.

Meaning thereby, the advantages of an OPC can only be obtained by those INDIANs who are naturally born and also a resident of India. At the same, it shall also be worth mentioning that a person cannot form more than 5 OPC's.

An OPC is incorporated as a private limited company, where there is only one member and prohibition in regard to invitation to the public for subscription of the securities of the company.

Q. What are the salient features of one Person Company?

Þ The concept of ‘One Person Company’ may be introduced in the Act with following characteristics:-

a) OPC may be registered as a private Company with one member and may also have at least one director;

 b) Adequate safeguards in case of death/disability of the sole person should be provided through appointment of another individual as Nominee Director. On the demise of the original director, the nominee director will manage the affairs of the company till the date of transmission of shares to legal heirs of the demised member.

c) Letters ‘OPC’ to be suffixed with the name of One Person Companies to distinguish it from other companies;

 Q. In which category OPC can be formed or registered?

           Section 3 classifies OPC as a Private Company for all the legal purposes with only one member. All the provisions related to the private company are applicable to an OPC, unless otherwise expressly excluded.

Þ       An OPC can be formed under any of below categories:

 Company limited by guarantee.

 Company limited by shares

           An OPC limited by shares shall comply with following requirements:

 Shall have minimum paid up capital of INR 1 Lakh.

 Restricts the right to transfer its shares.

 Prohibits any invitations to public to subscribe for the securities of the company.

Q. What are the relaxations that OPC can only enjoy?

Þ Companies act 2013 provides additional relaxation or flexibility to one person companies. Some of them are enlisted as under.

1.      OPC should have one minimum director. It can have maximum numbers of directors up to 15 which can also be increased above by passing special resolution.

2.      Where an OPC has only 1 director, the date on which the resolution is signed and dated by such director is considered as the date of the board meeting.

3.      Provisions of board meeting, quorum and interest director shall not apply to OPC.

4.      OPC need not hold an AGM.

5.      Provisions relating to notice, explanatory statement, EGM, quorum, voting, chairman, poll, proxies, postal ballot.

6.      NCLT’s power of calling for EGM does not apply to OPC.

7.      Financial Statements can be signed by only one director

8.      Financial Statements are to be filed with ROC within 180 days from the end of FY. It should be signed by company secretary and in case there is no company secretary it can be signed by director.

9.      OPC can contract with the sole member who is a director

Q. what will be the consequences of failing to comply with the provisions?

ÞIf the company fails to comply with the provisions as to providing the information to the RoC then it shall be liable for punishment of fine which will be not less than twenty thousand rupees and extend to one lakh rupees and the imprisonment for a term which may extend upto 6 months.