Space, Refugees & ITR mistakes

by Nireka Dalwadi

What’s happening this week


Launching Chandrayaan 2, Apollo 11 celebrating its silver jubilee and Area 51 call outs, space is amusing, isn’t it?

Get a pocket-sized weekly dose of investments, taxes, finance & more. Subscribe to Quicko Bytes.

Space Alert

Jadoo jadoo 1.2 million Americans are calling out the aliens at Area 51, they should rather just watch Koi Mil Gaya instead trying to fulfill their (childlike) urge to see the aliens. While they’re looking forward to September 20, we should be focusing on 31st July Last day to file your ITR (It’s all ending soon).

Prevention is better than cure… the launch day came and went but sadly the rocket hasn’t moved an inch. Chandrayaan 2 Moon Mission was called off due to “A technical snag” leaving us all at the edge of our seats. We don’t want this to happen to you and let any glitch get in the way of your ITR filing mission. So make sure your return is on its way by avoiding the following mistakes:

Tax breaks on donations… the best way to contribute to our nation and get a little something back in return. Drum roll please, donate to an on-going scientific research, relief funds or charitable organizations and claim deductions u/s 80G for exempted institutions.

Upload your Form-16 on Quicko and file ITR for free. We use machine learning to accurately read Form 16 and prepare your tax return.

Borders on Earth

It is heartbreaking… to see fellow beings fleeing from their homeland of Europe, Africa, and the Middle East and refused entry, shelter in neighbouring countries. This has lead to the creation of refugee camps on international borders across the continents.

Inhumane to fellow humans… many refugee camps lack basic human necessities of clean and hygienic water, food or shelter. According to the UN High Commission for Refugees (UNHCR), 70.8 million individuals have been forcibly displaced worldwide because of human rights violations, conflict and civil wars globally.

India isn’t alien from refugees. India has been welcoming to the refugees from Pakistan, Tibet, Bangladesh, Sri Lanka, Afghanistan, and Myanmar, although it is not a signatory to the 1951 Refugees convention nor the 1967 protocol.

Citizenship… the refugees were welcomed in India but denied Indian citizenship if they did not have valid travel documents (which is usually the case for migrants). The Citizenship Act, 1955 labels such persons as ‘illegal immigrants’.

Moral evolution… The Citizenship (Amendment) Bill, 2016 aims to provide citizenship to that are forced to seek shelter in India because of religious persecution in their home countries. They primarily include Hindus, Sikhs, Jains, Buddhists, Parsis and Christians from Afghanistan, Pakistan and Bangladesh.

Arguments… The Citizenship Amendment bill created unrest in certain parts of India, organizations say that the bill will leave the burden of illegal migrants to the state alone. The centre later clarified that the burden will be shared by the entire country.

It all comes down to humanity… It is the nation’s moral responsibility to help the refugees on humane grounds. But But But… India being a densely populated nation creates stress on public infrastructure and facilities. The development and maintenance of the Nation’s amenities are a huge spend for the government. The responsibility eventually is passed on to the taxpayers, since it is their contribution to the government’s revenue.

Lets unite! We are #ProudToPayTax and excercise our #RightToPayTax.

Byte of the Day

Science: Is there life in space?


Cricket, Rain & Budget


Budget, Taxes & Back to School

    Leave a Reply

    Your email address will not be published. Required fields are marked *