Mompreneurs

The Pinkathon Saree Runner Shares Her Love for the Graceful Attire

My love for the Saree is as old as me. My first Saree model was my mother and I always wanted to dress up like her. When I started travelling for work, I discovered the world of Handloom Sarees. My Saree collection is more than 20 years old. As a professional working on livelihood issues, I travel length and breadth of India. Buying Sarees from every region is the most important agenda of the work-trip after work, I can proudly say that I have almost all major weaves of India.   For me, every weaver is an artist, the work of...

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Incredible India – An International Cake Collaboration by Tina Scott Parashar

Incredible India – An International Cake Collaboration Hosted by – Tina Scott Parashar India has been the nurturer of tradition and culture for long. When so many cultures amalgamate together, a rich heritage is born. It is from that heritage that they draw inspiration. This collaboration, hosted by Tina Scott Parashar, is born out of the collective effort of over a hundred very talented cake artists who have come together to create visual works of brilliance through their favorite medium, sugar.This collaboration revealed on 11 November 2017 and showcased the beauty and cultural diversity of India. It was chosen...

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A May-La to remember by GurgaonMoms

GurgaonMoms truly believes that #MomSureCan and to support the talented and hardworking momprenuers we organized the second edition of May-La at DLF Cyber Hub on 11th & 12th May 2017. The occasion was perfect as Mother’s Day was just around the corner. More than 20 enterprising moms of our community took part in May-La and displayed some exquisite products. The May-La had it all. Home décor & furnishings, jewelry, clothing for women and kids, plants and planters, beautiful artwork, photography, organic delicacies for kids, handmade soaps and even free dental check-ups. The summer heat did not stop the exhibitors...

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R’s Just Hair – Hair Salon

About R’s Just Hair : R’s Just Hair is an exclusive stand alone hair salon specializing in all kinds of basic and technical hair services for men, women and children. Being a small setup they are able to control and have strict guidelines for all procedures. They take immense pleasure in being a bunch of passionate Hairdressers and never compromise on their products and service quality.   And Ruchi Sawhney says : I would like to take this opportunity to express that my work has been my true calling in life. I would like a lot of youngsters of our country to take up this profession as it is creative and allows you to be an entrepreneur. I strongly believe that you should never cut corners and never compromise on the standards of your work. Only those who are hard working and have tons of patience should enter this profession. It looks glamorous and is appealing from the outside. As an employee and now as an employer, I have always remained focused on being a service provider and remain humble towards my staff and clients. “We should not judge people by their peak of excellence; but by the distance they have traveled from the point where they started. “-Henry Ward Beecher    ...

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Small Business Owners – MAINTAINING BOOKS OF ACCOUNTS

REQUIREMENT OF MAINTENANCE OF BOOKS OF ACCOUNTS While you set up your business with grand fanfare, reaching your dream turnover was just the first milestone, you have already begun to bother about the profitability. Maintenance of financial records is actually a way to know the true and fair position of your business. In reality, it is much more. It is also a legal requirement. Let us understand the requirement and the necessity for compulsory maintenance of accounts and audit as per Indian Income Tax Act in a simplified manner. There are basically two categories 1.     Specified Professionals 2.     Non Specified Professionals A. Specified Professionals include persons rendering services and having technical degrees in legal, medical, engineering, architectural/interior, accountancy, technical consultancy, information technology, film artists or any other person as notified by government. E.g.: lawyers, doctors, architects, interior designers, engineers, chartered accountants, film artists, consultants etc. Specified Professionals are non traders.   REQUIREMENT TO MAINTAIN BOOKS AND AUDIT As per Income Tax Act, a person carrying on any profession as mentioned above is compulsorily required to maintain complete record of books of accounts if his gross receipts from profession exceed Rs 1,50,000 per annum in all the three preceding years.  In case it is the first year of set up, you have to compulsorily maintain records if gross receipts are likely to exceed Rs150,000/-. In case the gross receipts of specified...

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