India finance Minister Pranab Mukherjee has cut personal income tax across various slabs.
There is a raise in the exemption limit to Rs 2 lakh for all individual tax payers. This will result in a savings of a minimum of Rs 2,000 for all tax payers.
The upper limit of 20% tax slab has been raised from Rs 8 lakh to 10 lakh - a saving of Rs 22,000 for people in this tax bracket.
The proposed tax slabs are as follows:
Income up to Rs 2 lakh - nil
Income between Rs 2 lakh to Rs 5 lakh - 10%
Income between Rs 5-10 kakh - 20%
Inncome above Rs 10 lakh - 30 %
Global crisis has affected us. India's gross domestic product (GDP) is expected to grow at 6.9 percent in 2011-12, after having grown at 8.4 percent in each of the two preceding years.
AC, gold jewelery, fridge, mobile bills and cigarettes willcost more. whereas
Cinema and films, SUVs, LCD and LED TVs, bicycles, housing society charges, LPG, mobiles, medicines for treating cancer and HIV to will cost less now.
Friday, March 16, 2012
Wednesday, March 14, 2012
Rail Budget 2012
Dinesh Trivedi -India Railway minister has presented his maiden Railway Budget 2012. There is an increase of 2 paise per km for suburban trains; 3 paise per km for mail and express trains. This is the first fare hike since last 10 years.
Highlights of Railway budget 2012:
Dinesh Trivedi announced 75 new express trains and 21 new passenger trains. He mentioned : safety is his first priority.
All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan.New lines to be set up for Kolkata Metro.
Highlights of Railway budget 2012:
Dinesh Trivedi announced 75 new express trains and 21 new passenger trains. He mentioned : safety is his first priority.
All meter gauge, narrow gauge sections to be made broad gauge, except heritage lines, by end of 12th Five Year Plan.New lines to be set up for Kolkata Metro.
Wednesday, March 7, 2012
Brazil Economy Surpasses UK's Economy
Global Economy facing trouble of slowdown but as a surprise Brazil has become the sixth biggest economy of the world.
The Brazilian economy is now worth $2.5tn (£1.6tn), according to source.Brazil is enjoying an economic boom because of high food and oil prices, which has led to rapid growth.With substantial oil and gas reserves continuing to be discovered off Brazil's coast in recent years.
The country is now the world's ninth largest oil producer, and they are working to enter the top five.
The country will host the 2014 World Cup, and Rio de Janeiro will be home to the 2016 summer Olympics. Brazil is now giving challenge to other nations like Russia, China & India.
The Brazilian economy is now worth $2.5tn (£1.6tn), according to source.Brazil is enjoying an economic boom because of high food and oil prices, which has led to rapid growth.With substantial oil and gas reserves continuing to be discovered off Brazil's coast in recent years.
The country is now the world's ninth largest oil producer, and they are working to enter the top five.
The country will host the 2014 World Cup, and Rio de Janeiro will be home to the 2016 summer Olympics. Brazil is now giving challenge to other nations like Russia, China & India.
Wednesday, February 29, 2012
Apple Launching I PAD 3
Apple is counting on the new model to beat back competition from newer devices running Google Inc's Android software. Apple is launching IPAD 3 soon. The introduction of the iPad 3 will be Apple's first major hardware release since the death of co-founder Steve Jobs in October.
The company has been working to make the iPad 3 compatible with a wireless standard called long-term evolution-LTE. It has a bigger battery and can better support the power requirements of the newer technology.
The company has been working to make the iPad 3 compatible with a wireless standard called long-term evolution-LTE. It has a bigger battery and can better support the power requirements of the newer technology.
Wednesday, February 15, 2012
Personal Development
In todays world every body is competitive and working hard for success. if we follow the mentioned plan it will surely help.
Choose your development goals wisely : Figure out what is critically important to performance in your job and/or success in your career. Not only do these competencies provide an objective, common language to plan your development with, the demonstration of these competencies are related to current and long term performance. Be realistic about what you can accomplish and keep in mind that not all competencies are created equal, with some more difficult to develop than others.
Get Specific. Seek out detailed, behavioral feedback on potential developmental opportunities. Find folks who know you and are willing to give you specific, constructive, developmental feedback. Whether it’s building on strength, working on a weakness, or developing an untested competency, ask for feedback on competencies critical for success within your job or for the career level you’re aspiring to.
Create the plan. If you have accepted the developmental feedback you’ve received as true and you are ready to take action, you need three kinds of action plans. You need to know what to stop doing, start doing, and keep doing. Since you have a need in this area, you need to stop some things you are doing that could be done better. Be Creative.
Learn from others. Research shows that we learn best from others when we observe and utilize multiple role models, each of whom excels at one thing rather than looking for the whole package in one person. Think more broadly than your current job for role models; consider some role models that are outside of the workplace. Pick two people; one who is much better than you are at your need and one who is much worse.
Read. Every skill or competency has had one or more books written about it: How to negotiate to win. How to get along with bad bosses. How to win friends. How to be more creative. Pick a book that seems to be right for you and read it thoroughly
Learn from autobiographies and biographies. Try to find books by or on two famous people who have the skill you are trying to build.
Learn from a course. Find the best courses you have access to. It can be offered inside your organization or outside
Try some stretch tasks, but start small. Seventy percent of skill development happens on the job. Write down five tasks within your job that you will commit to doing. Consider trying development tasks in support of your goal off the job as well; whatever will help you practice your need in a fairly low-risk way.
Track your own progress. Tracking your progress will go a long way to keeping you motivated through the development process. Celebrate incremental progress
Get periodic feedback. Touch base with your manager or those who have been assisting you through your development, for periodic feedback. Also consider seeking feedback from folks who haven’t witnessed your development, but can provide you feedback
Choose your development goals wisely : Figure out what is critically important to performance in your job and/or success in your career. Not only do these competencies provide an objective, common language to plan your development with, the demonstration of these competencies are related to current and long term performance. Be realistic about what you can accomplish and keep in mind that not all competencies are created equal, with some more difficult to develop than others.
Get Specific. Seek out detailed, behavioral feedback on potential developmental opportunities. Find folks who know you and are willing to give you specific, constructive, developmental feedback. Whether it’s building on strength, working on a weakness, or developing an untested competency, ask for feedback on competencies critical for success within your job or for the career level you’re aspiring to.
Create the plan. If you have accepted the developmental feedback you’ve received as true and you are ready to take action, you need three kinds of action plans. You need to know what to stop doing, start doing, and keep doing. Since you have a need in this area, you need to stop some things you are doing that could be done better. Be Creative.
Learn from others. Research shows that we learn best from others when we observe and utilize multiple role models, each of whom excels at one thing rather than looking for the whole package in one person. Think more broadly than your current job for role models; consider some role models that are outside of the workplace. Pick two people; one who is much better than you are at your need and one who is much worse.
Read. Every skill or competency has had one or more books written about it: How to negotiate to win. How to get along with bad bosses. How to win friends. How to be more creative. Pick a book that seems to be right for you and read it thoroughly
Learn from autobiographies and biographies. Try to find books by or on two famous people who have the skill you are trying to build.
Learn from a course. Find the best courses you have access to. It can be offered inside your organization or outside
Try some stretch tasks, but start small. Seventy percent of skill development happens on the job. Write down five tasks within your job that you will commit to doing. Consider trying development tasks in support of your goal off the job as well; whatever will help you practice your need in a fairly low-risk way.
Track your own progress. Tracking your progress will go a long way to keeping you motivated through the development process. Celebrate incremental progress
Get periodic feedback. Touch base with your manager or those who have been assisting you through your development, for periodic feedback. Also consider seeking feedback from folks who haven’t witnessed your development, but can provide you feedback
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