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Income Tax in India Every individual who earns an income in India is supposed to pay Tax on the Income earned by him during that financial year to the government of India. Calculation of the Income Tax to be paid by an individual is a cumbersome process. The government of India provides certain benefits to its citizens who earn an income in the country by means of deductions, exemptions etc. Before going into the details below are the items that would be covered in this article.  1. Heads of Income  a. What exactly qualifies to be an income, for which you need to pay Tax. b. Salary Perquisites that are taxable 2. Deductions a. House Rent Allowance – HRA b. Leave Travel Allowance – LTA c. Medical Allowance d. Transportation Allowance e. Interest paid on Housing Loan 3. Exemptions a. Under Section 80C b. Under Section 80D c. Under Section 80DD d. Under Section 80DDB e. Under Section 80E f. Under Section 80U 4. Clubbing of Minor Income Heads ...

Bouncing back from failure I came across a very nicely written article about coping with the exam failures – a situation that many of us can relate to. The article was written by Rob Sowerby and published in  PQ Magazine’s  February 2014 edition. I decided to publish the entire article here as I do believe this might be of use to me and my friends who are working day and night to slay the beast of CA Exams. I would love to know your feedback about this article. **** If you fail an exam you will obviously be disappointed. The fundamental issue is what you do about it. If you are not careful you will become negative and try to ignore the result. You may use displacement activities – throwing yourself into your social life, or working harder in your job. In other words, anything to avoid confronting the issue. Then you re-sit in the vain hope that a little extra work will get you through. This is likely to lead to further disappointment down the line. Difficu...

Flipkart  is an  electronic commerce  company headquartered in  Bangalore, Karnataka . It was founded in October 2007 by  Sachin Bansal  and  Binny Bansal  (no relation).Flipkart has launched its own product range under the name "DigiFlip" with products including tablets, USBs, and laptop bags.As of April 2017, the company was valued at $11.6 billion. History Flipkart logo used from 2007 to 2015 Flipkart was founded on 2007 by  Sachin Bansal  and  Binny Bansal  , both alumni of the  Indian Institute of Technology Delhi . They worked for  Amazon.com , and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd.The first product they sold was the book  Leaving Microsoft To Change The World  to a customer from Hyderabad.Flipkart now employs more than 33,000 people. In October and November 2011, Flipkart acquired the websites Mime360.com and Chakpak.com. Later, in F...

Tips for Speech on GST Bill India 2017 Never mug up the speech script as it is. That sounds like a robot, your audience will not connect with it.Rather than reciting the complete script, note down only important bullet points and speak from your heart. When you speak from the heart you might fumble once or twice but it connects with your audience. We are humans after all we all make mistakes.Rather than words focus more on the emotions behind the word.If you are confident enough try to be interactive with your listeners. Ask them questions.If you are a parent don’t force kids to mug it up. Help them to understand the topics and it’s important. In real life, you just can’t survive with mugged up answers, isn’t it? Today’s generation is 10 times smarter than our generation they can easily understand the topic. Tips for Essay on GST Bill India 2017 You can write an essay in story format too, take an imaginary person and tell a story on given topic from his/...

India is marching towards the progress with the lightning speed. After the  demonetization , the GST bill is one the biggest tax reforms in India since the independence.  The GST bill is supposed to boost up the Indian economy is coming years. According to the GST bill, all the complex and multiple indirect taxes were replaced by one ultimate tax which is GST. We have written this article in simple English language to make you aware of whatever you wanted to know about the GST and its various aspects like its meaning, definition, impacts, benefits, advantages, flaws, disadvantages etc. GST created a buzz in the Indian economic market for sure and news media covering it to the fullest, we can see that GST going to be one of the top topics for speech, essay competitions for commerce stream students, UPSC, SBI PO type of higher exams can also you can expect essays on this topic. I think you should expect Impact, Risk, Effect History, Evolution of Demonetization and GS...

Caipcc information technology revision charts and notes - You can download ipcc IT notes, memory techniques, in the form of charts just in 19 page by swapnil patni sir. Covers whole course of IT (50marks). Their is the link given below. Click on download. Download If you like please comment below notes on website and share the link of site.