OVERVIEW The Indian Job Market has been under continuous scanner not only by the Indian leaders but also it is being reviewed all over the world. As Indian economy is growing at a fast pace, the ‘Rest of the World’ is taking keen interest in exploring opportunities here. Many companies have opened their branches in …
The top recruiters in this sector include; ICICI Bank, HDFC Bank, AXIS Bank, IndusInd Bank, Kotak Mahindra, YES Bank, ING, Standard Chartered, RBS, Deutsche Bank amongst others.View full post
As per the taxation system in India, an assessee whose total salary is more than the maximum exemption limit is chargeable to income tax according to the rate(s) mentioned in the Finance Act. An assessee can be either an individual, Association of persons, Hindu Undivided Family, Body of Individuals, firm, company, local authority or any artificial judicial person not belonging to any of these categories.According to the data of 2011-12, there are a total of 3.10 crore individual assesses, 12.29 lacs firms, 4.96 companies, 1.19 lacs trusts, 7.61 lacs Hindu Undivided Family assesses and 95.84 other assesses. Roughly 89% of the tax payers belong to the INR 0 to 5 lacs slab, nearly 5.5% of them belong to the INR 5 to 10 lacs slab and about 1.3% of the tax payers are from the slab of above INR 20 lacs. Also, as per the recent records, only 5% people, who are mostly salaried, pay their income tax.View full post
After passing out 12th a student has many options to choose,the avenues of selection are Arts, Science, engineering, medicine and surgery, various computer courses, fashion designing, web designing, defense, marine, journalism, tourism, and so on. There is no dearth of faculties for aspiring students. But before selecting you should contemplate seriously on the faculty of interest, your aptitude, educational qualifications, and ability to cope with the subject and above all the financial commitments that is necessary during the course. Let us discuss below the courses that is available in India on today’s perspective. Here are different option available:View full post
Section 66A of the IT Cyber Act prescribes punishments for sending offensive messages through any mode of communication etc. This section of the act, which when amended, received comments from lawyers and legal academicians as something unconstitutional, meaning that the act doesn’t support the rights that are included in our Indian Constitution. In simple words, the Section 66A of the IT cyber act, doesn’t support the Right to Speech which is included in our constitution.View full post
The thing that inspired people to participate in this movement is that fact that when a 74 years old man is standing there for them, fighting for the noble cause and doing hunger strike at this age, then why can’t they. This gives them a way to bring out the frustration that they had with the politicians and system over corruption and inflation. Common man doesn’t have the way to communicate his anger to Govt. and system but here is their chance to tell politicians and Govt. that public is the king and they are just servants’View full post
Ayurveda is one of the most ancient science of medicine that has been widely practiced in India, and now in many other countries, for healing a huge variety of ailments and illnesses. This branch of medical science makes use of diet, meditation, breathing exercises, detoxification and purification techniques, massage, yoga, herbal and mineral remedies, etc. …View full post
Often people wait 5 to 20 years to get their cases settled through normal legal course. Another eminent instance of Indian judicial failure is the Bhopal Gas Disaster Judgment. After more than 20 years past the fatal incident, finally Indian judiciary was able to find a decision. But the cornerstone of this case which is the ‘principle of absolute liability’ has been diluted in the decision.View full post
Highest paying Jobs – Management professionals, IT professionals, SAP Consultants, Charted Accountants, Lawyers,Medical professionals etc.To be precise the topnotch jobs and the money paid is dependent on the organization and the necessity of the individualView full post
Commerce stream involves the study of business and accountancy accompanied by the choice of subjects which might include Economics, Mathematics etc. The most sought after career option in the commerce stream is CA(Chartered Accountancy). In addition to this, there are many more interesting career options available for the commerce students. Below are some of the most promising career options available:View full post
In this stream, the career path to frame exclusively depends upon the students input and the amount of hard work he/she has put in. A student if willing can graph his/her career predominantly and escalate it to new levels. The most common streams that are hit are bachelor’s degrees in Economics, Political Science, Social Work and Journalism. Also many diploma courses are also streamlined like Travel & Tourism, Hotel Management, Air Hostess & Host, Interior Designing, Event Management and Teachers Training. These courses are easy to pursue and are result driven. Many other high end courses are also there like Pilot Training, NDA and special languages. If a student is inclined in embassy jobs or travelling then learning different foreign languages are German, Spanish, French and Japanese.View full post
Highest paying Jobs – Management professionals, IT professionals, SAP Consultants, Charted Accountants, Lawyers,Medical professionals etc.To be precise the topnotch jobs and the money paid is dependent on the organization and the necessity of the individual
Commerce stream has promising opportunities for its students in the future as rapid industrialization accompanied with fast growth of the service sector has primarily opened the doors to many students who worship commerce. Commerce sector has more than 10,000 colleges in India with 250 universities. Fields like Trade, Finance, Business, Administration, Accountancy, Economics and fiscal policies. Students get to choose from the above mentioned fields and set their targets. For selection of best colleges in India for commerce you can refer to the below mentioned colleges as they are the top 10 colleges in India.
Chartered accountant is a chronicle profile with wide career prospects standing at its gateway. After science, commerce has proved itself to be a promising field with forthcoming opportunities for students who are motivated to be in finance sector. Finance sector is the most integral part of any company and requires talented, driven and furnished employees …
One of the most flourishing and rapidly expanding field is that of media and mass communication. There are so many new, creative and attractive careers emerging from this industry. One such career is that of a News or a TV Anchor. If you desire to become a News or TV Anchor and wish to acquire …
The chief role of an Interior Designer is to interact with the client and create a brief which will hold the details regarding what are the requirements of the client and how the space is to be used. They also go to the site for inspection and survey. They then create interior designing plans for the client and supervise its entire execution. There are certain skills than an Interior Designer needs to have. For instance, they should have good interpersonal and communication skills, excellent spatial thinking, analytical and logical thinking, an eye for detail, ability to work on deadline oriented work, a creative streak, understanding of colors, etc.
With cyber-crimes on the rise like never before, the needs for Cyber Lawyers is quite high these days. It is, perhaps, one of the newest yet most successful careers in Law today. In case you want to pursue a career as a Cyber Lawyer and need some essential information regarding the same, here is all the help. Discussed below are some crucial aspects about a career as a Cyber Lawyer in India that you may find helpful.
To live a healthy and meaningful life, it is very important to maintain good balance between work and life as well as have high mental peace. However, the fast paced and technology driven world of the present era has been making this an exceedingly difficult goal to achieve. Moreover, people today are becoming so much career driven that they are losing touch with their personal self. People today do not have time even for themselves. It is skewing their work and life balance. Nonetheless, there are countries who have been ranked to have best work-life balance and mental peace. This list was created by Organization for Economic Cooperation and Development (OECD) on the basis of three chief variable including the number of hours worked per week, the employment rate for women who have children and the space dedicated to the leisure and personal care.
Salaried employees tend to make investments near the end of every financial year in order to minimize taxes. However, there are other options available as well that can be helpful in saving tax. Enlisted below are some useful tax saving tips for salaried employees in India that you may find helpful:
Though it is not an always available option, however, if your organization permits, it is one of the best ways to save tax. You just need to restructure a few components to bring down your tax liability. For instance: include transport, medical, education and other such allowances as a part of your salary and then to reduce tax, produce bills of actual expenses incurred for the respective allowances; opt for food coupons instead of lunch allowance as food coupons are exempt from tax up to Rs. 50 per meal; to decrease prerequisite taxation, opt for company car rather than making use of your own; etc.
In the present scenario there are countless career options available for a person to explore as per their respective preferences and interests. One such career is that of a Company Secretary. It is one of the most in-demand career option. The job requires great managerial and organizational skills. If you aspire to become a Company Secretary and are looking forward to some essential information on the same, here is some help. Discussed below are some important things about career as a Company Secretary in India.
Every earning individual is concerned about tax payment and tax savings. When you go seeking advice on how to save tax, people often throw suggestions that leave you baffled and confused. This chaos may lead you to make poor decisions and end up regretting. Thus, it is vital for you to gather trusted information regarding different investment options that one can consider to save tax. Some of these effective solutions are available under Section 80 C. The Section 80C has now replaced the previously existing Section 88 and has been effective since April, 2006. Discussed below are some of the best investment options under Section 80C that can be used for tax saving purposes:
Tax saving with investment – every individual who pays tax have interest in this topic. If you are one of them, you will glad to know that there are multiple options available forthe same. Knowing about your options is quite essential for making right tax saving decisions and not get stuck with multiple advices from everyone at the end moment.So, discussed below are some such best tax saving investment schemes in India from which you can draw such benefits:
Public Provident Fund
It is one of the best investment schemes in India that can be used for saving tax. It may not promise very high returns but it offers liquidity by way of withdrawals and loans; flexibility of investment and comes with a tax-free status. Investing in Public Provident Funds becomes an even more attractive option as the interest rate has been linked to bond yields in the secondary market. Also, it is expected that the Public Provident Fund will encounter a hike marginally in the year 2014-15. PPF requires a minimum investment of
Best Tax Saving Investment Schemes in India – Chakreview.com
Best Tax Saving Investment Schemes in India – Chakreview.com
INR 500 a year and a maximum investment of INR 1 Lac a year. Investing in PPF is the best option for elf-employed professionals, risk-averse investor and individu
If you are looking forward to some information on how to save tax under different section of the Income Tax law, you have come to the right place. Enlisted and discussed below are some of the income tax deductions list that you may find helpful:
Under this section, deductions can be made in terms of different expenditures, investments and payments. The total deduction limit under the Section 80C is INR 1.5 Lacs. A few deductions that can be made to save tax as per this section include:
Life Insurance Premium(s) for self, spouse or child. It can also be for any member of the family in case of HUF.
Contribution to Employee’s Provident Fund Scheme, Recognized Provident Fund, Public Provident Fund for resident individual, Unit Linked Insurance Plan of LIC Mutual Fund and National Housing Scheme set deposit scheme/Pension fund.
Subscription to notified saving certificate and notified securities or deposit schemes.
Investment by resident individuals in Senior Citizens Savings Scheme 2005 for a 5 year period.