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thesun · 3 years

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[22/6 8:26 ಪೂರ್ವಾಹ್ನ] Babu Anjanappa: ╭───────────────────╮

🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 22 Jun/जेस्ट मासा (Tuesday) ग्रीष्म ऋतू*🙏🏻

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*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣

1. Nation celebrated the seventh International Day of Yoga virtually due to the coronavirus pandemic. The lead programme of the event, held by the Union Ministry of AYUSH, began at 6:30 am. During the programme, Union Minister of State for AYUSH Kiran Rijiju & PM Modi addressed the nation.

2. Vice President, M. Venkaiah Naidu appealed to the people to make Yoga a part of their daily lives.

3. The Record of 80 lakh COVID-19 vaccine doses administered so far on 1st day of nationwide free vaccination drive (21 June). All citizens above the age of 18 can avail free vaccination at any govt facility. The Centre will buy 75% of the total vaccine production from vaccine manufacturers & give it to the state govts free of cost.

4. J&K govt cancels annual Shri Amarnath Ji Yatra in view of COVID-19 pandemic.

5. The Govt has extended the waiver of Inter-State Transmission system (ISTS) charges on transmission of electricity generated from solar & wind sources up to 30th June 2025. Earlier, it was up to 30th June 2023.

6. Former Inspector General of Punjab Police Kunwar Vijay Pratap Singh today joined the Aam Aadmi Party at Amritsar.

7. Tripura, Chief Minister Biplab Kumar Deb on 21 June inaugurated the mega vaccination drive for the age group of 18- 44 yrs as part of the pan-India vaccination drive for June 21 and 22.

The programme was organised at IMA house Agartala.

8. Tamil Nadu Assembly session to continue till June 24. The session began yesterday with the address of Governor Banwarilal Purohit.

9. Tamil Nadu govt has released guidelines for protecting school students from sexual abuse. The regulation states that every school should have a eight member student protection counsel group consisting of the school headmaster or headmistress, teachers, members of the parent teachers association, non teaching staff, outside members and management representatives.

10. Ahead of PM Modi’s June 24 J-K outreach the Congress has demanded repeal of JK Reorganisation Act, 2019, and restoration of status quo ante in the erstwhile state.

11. From Jul 2021, a higher Tax Deducted At Source (TDS) rate would be applicable for Income Tax Return (ITR) non-filers, according to the Finance Act, 2021. If a taxpayer has not filed TDS in the last 2 years & TDS deducted each year more than ₹50,000, the tax department will charge more while filing the ITR from July 1.

12. The Centre has initiated major penalty proceedings against former West Bengal Chief Secretary Alapan Bandyopadhyay for alleged misconduct & misbehavior. The wrangle over Bandopadhyay began after the chief minister and he both skipped a meeting with Prime Minister Narendra Modi over Cyclone Yaas last month.

13. The Central Board of Secondary Education (CBSE) and Council for the Indian School Certificate Examinations (CISCE) boards have told the Supreme Court that class XII board examination results would be declared by July 31.

14. The security forces Indian Army & CRPF on Monday (21June) morning eliminated 3 top Lashkar-e-Taiba (LeT) terrorists, including Mudasir Pandit, in an encounter at Gund Brath in J&K Sopore.

15. The Indian Air Force (IAF) has raised the 2nd Rafale squadron, the ' *101 Falcons of Chhamb & Akhnoor* ' at Ambala. Ambala ahead of their formal induction at the Hasimara airbase in West Bengal.

16. Chief of Defence Staff General Bipin Rawat has called a meeting on Wednesday of the tri-services and other stake holders to understand their concerns over theatre commands and iron out differences before working towards the raising of maritime and air defence commands this year.

*✈INTERNATIONAL NEWS*

1. PM Modi announced that our country, along with UN and WHO, is launching an app called M-Yoga aiming to provide easy access to Yogic practice all over the world.

2. Pakistan Foreign Minister Shah Mahmood Qureshi has alleged that India is using Afghanistan for “carrying out terrorist activities” in Pakistan.

3. The Canadian govt has extended the suspension of direct flights from India to Canada till next month (21 July). The announcement in this regard was made on (21 June) Monday by the Public Health Agency of Canada.

4. India received USD 64 billion in Foreign Direct Investment in 2020, the 5th largest recipient of inflows in the world, according to a UN report.

5. Swami Vivekananda Cultural Centre, Embassy of India, Seoul South Korea, celebrated the 7th International Day of Yoga (IDY) celebrations in Seoul by organising yoga events at Busan University of Foreign Studies and Gandong-gu office in collaboration with Korea Yoga Association Yesterday (21 June).

*🌎WORLD NEWS🌍*

1. *International Yoga Day:* The UN has marked the day to raise awareness about the many benefits of practising Yoga for people all over the world. The date 21 June was chosen because it is the longest day in Northern Hemisphere. The word Yoga has originated from the Sanskrit word Yuja which means 'to join or to unite.

2. *US Navy tests new aircraft carriers's metal with powerful explosions* . The massive explosive was set off underwater near USS Gerald R. Ford, the first of a new class of advanced aircraft carriers, in the Atlantic Ocean.

3. The 7th International Day of Yoga was observed in Bangladesh with great enthusiasm across the country. Several events were organised in Dhaka & other parts of Bangladesh to mark the occasion.

4. Sweden's parliament ousted PM Stefan Lofven in a no-confidence vote on 21 June, giving the Social Democrat leader a week to resign & hand the speaker the job of finding a new govt, or call a snap election.

*🚣🚴🏇🏁🏊Sports:*

1. Men's Cricket WTC Final: 4th day's play between New Zealand and India washed out completely due to rain.

Uganda's Olympic squad has become the first to test positive for COVID-19 on arrival in Japan. The competition is due to start on 23rd of July.

2. Union Minister of Youth Affairs and Sports and Minister of the Ministry of Ayush Kiren Rijiju announces 25 Fit India Yoga centers across 9 states on occasion of IYD2021.

*USD 74.19 💷GBP 103.34*

_In Kohima(Nagaland)_

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🥈 *Silver ₹73,100©Kg*

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Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ

*🇮🇳Facts about India🇮🇳*

Rishikesh is a city in India’s northern state of Uttarakhand, in the Himalayan foothills beside the Ganges River. The river is considered holy, and the city is renowned as a center for studying yoga and meditation. Temples and ashrams (centers for spiritual studies) line the eastern bank around Swarg Ashram, a traffic-free, alcohol-free and vegetarian enclave upstream from Rishikesh town.

Rishikesh is primarily famous for its spiritual importance. ... Rishikesh is the beginning of the famous Char Dham Yatra (Gangotri, Yamunotri, Kedarnath, Badrinath). There are a number of Ayurveda centres also where you can experience the ancient healing methods for body and mind.

The Bharat Mandir was established on the banks of the holy Ganges in around 12th Century by Guru Shri Shankaracharya. Inside the temple, there is an idol of lord Vishnu, made out of a single Saligram. Shri Shankaracharya also placed the Shri Yantra above the Vishnu idol.

*😀Thought of the day*

Happiness is when what you think, what you say, and what you do are in harmony." — *Mahatma Gandhi*

*Joke of the day*

*पप्पू* : मां सारे खिलौने बेड के नीचे छिपा दो...

*पप्पू की मां* : क्यों..?

*पप्पू* : क्योंकि मेरा दोस्त डब्बू आ रहा है..

*पप्पू की मां* : डब्बू खिलौने चुरा लेगा क्या...?

*पप्पू* : नहीं, वह अपने खिलौने पहचान लेगा

*😳Why❓❓❓*

*Why Don't We Remember Being Babies?*

Virtually nobody has memories from very early childhood because at that age, our brains don't yet function in a way that bundles information into the complex neural patterns that we know as memories. This is called "semantic memory

Until sometime between the ages two and four, try you however, children lack "episodic memory" -- memory regarding the details of a specific event. Such memories are stored in several parts of the brain's surface, or "cortex." For example, memory of sound is processed in the auditory cortexes, on the sides of the brain, while visual memory is managed by the visual cortex, at the back. A region of the brain called the hippocampus ties all the scattered pieces together. The hippocampus, tucked very neatly in the middle of our brain, is responsible for pulling those all together and tying them. At the age of seven, children could still recall more than 60% of the recorded events, but children who were just a year older remembered only about 40 %

The reason we don’t remember being babies is because infants and toddlers don’t have a fully developed memory. But babies as young as six months can form both short-term memories that last for minutes, and long-term memories that last weeks.

*LEARN Sanskrit*🙏🏻

*आकृति* : आकार Shape

🤔 *How it works* ⁉

*How the Telephone Works.*☎️📞

When a person speaks into a telephone, the sound waves created by his voice enter the mouthpiece. An electric current carries the sound to the telephone of the person he is talking to. ... When a person talks into the telephone, the sound waves strike the diaphragm and make it vibrate.

When two telephones are connected, analog voice data is transmitted over the copper wires of the PSTN (Public Switched Telephone Network). The voice data is then converted into electrical signals which are eventually routed in the switching centers. Finally, a connection is made and communication is possible.

The number dialled on a landline is routed via the telephone wire to the Electric cross connect system at the local telephone exchange. This system has a direct mapping for the number dialled to the location of the called person. It simply switches the call to subsequent cross connects till the destination is reached.

Something that converts energy from one form to another is called a *transducer* . The loudspeaker in a phone works in the opposite way: it takes an incoming electrical current and uses magnetism to convert the electrical energy back into sound energy you can hear.

💁🏻‍♂️ *GK TODAY*

*Alexander Graham Bell* , best known for his invention of the *telephone* , revolutionized communication as we know it. His interest in sound technology was deep-rooted and personal, as both his wife and mother were deaf.

🛕 *VEDIK GNAN*

*NARASIMHA* Avatar, Lord Vishnu incarnates himself as a semi-man, semi-lion in this world. The king of demons (asuras), Hiranyakasyapa, wanted to become immortal and wanted to remain young forever. To this end, he meditated for Lord Brahma and because of his severe penance, the gods were frightened and asked Brahma to pacify the king. Brahma was impressed by his austerity and granted him a wish. HiranyaKasyapa wished that he be neither killed by a man or beast, nor in daylight or at night and neither inside or outside a building. Having obtained the wish he considered himself the supreme God and frobade all worship of gods by anyone.

But his son Prahlada, was an ardent devotee of Vishnu. This enraged Hiranyakasyapa very much. He ordered numerous ways to kill Prahlada including asking his sister Holika to sit with Prahlada in the fire. But everytime Prahlada escaped unhurt. Enraged, once he asked Prahlad to show him the Lord Vishnu. Prahlad said, "He is everywhere". Further enraged, Hiranyakasyapa knocked down a pillar, and asked if Lord was present there. Lord Vishnu then emerged as a half lion, half man from the pillar which was neither inside the house nor outside, and the time was evening, neither night nor day. He then killed Hiranyakasyapa thus saving the life of his devotee Prahlada.

🧬 *HEALTH CARE:© HOME REMEDIES*🩺

( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)

*Health Benefits of Sweet Lime or Mosambi*

Juice helps enhance Immunity.

Vitamin C and other antioxidants present in sweet lime or its juice can help strengthen immunity. It helps stay away from colds and flu. Stimulate blood circulation and thus strengthens the immune system.

*Regards*

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*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*

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[23/6 7:46 ಪೂರ್ವಾಹ್ನ] Babu Anjanappa: ╭───────────────────╮

🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 23 Jun/जेस्ट मासा (Wednesday) ग्रीष्म ऋतू*🙏🏻

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*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣

1. A two-day monsoon session of the Maharashtra legislature will begin from July 5 to 6th July.

2. The all-party meeting convened by PM Modi in New Delhi on Thursday (24 June).

3. J &K former CM Farookh Abdullah and Mahbooba Mufti to attend all party meeting called by PM Modi on June 24.

4. Leaders of several opposition parties including the Trinamool Congress, the Samajwadi Party, the Aam Aadmi Party, the Rashtriya Lok Dal and the Left assembled at Natinoalist Congress Party chief Sharad Pawar's residence in New Delhi on 22 Jun (Tuesday) & discussed various issues facing the country, amid heightened speculation about the possibility of a third front against the ruling BJP.

5. *Gujarat CM Vijay Rupani e-launches Agricultural Diversification Scheme-2021,* benefiting vanbandhu- farmers in tribal areas. will get fertilizer-seed assistance of Rs. 31 crores in which 45 kg of urea, 50 kg of NPK and 50 kg of ammonium sulphate will be provided. Seeds of crops like maize, Bitter Melon (karela), Calabash (dudhi), tomato, millet, etc. are provided under this scheme.

6. Lok Sabha Speaker Shri Om Birla virtually inaugurated an online Indian and foreign language learning course for Members of Parliament, State / UT Legislatures, Officials and their families.

7. 22 cases of the Delta Plus variant of the coronavirus have been detected in India, with 16 from Maharashtra & the remaining from Madhya Pradesh and Kerala.

8. To check whether a taxpayer will be eligible to pay Tax Deducted at Source (TDS) at higher rates from next month, the Income Tax department has introduced a new functionality on the tax portal. The new section 206AB. If a taxpayer has not filed TDS in the last 2 years & aggregate of TDS exceeds Rs 50,000 in each year, the Income Tax department will charge more while filing the income tax returns (ITR) from July 1. The rate of TDS will be either twice the rate specified under the relevant section or provision or 5%, whichever is higher.

9. *The last date of filing Tax Deducted at Source (TDS) for the fourth quarter of financial year 2020-21 has been extended to June 30*

10. Tamil Nadu Chief Minister MK Stalin assures resolutions in Assembly against Farmer laws, the Citizenship Amendment Act. He said it would not be appropriate to adopt such resolutions.

11. The Andhra Pradesh High Court on Tuesday sentenced two IAS officials to one month’s imprisonment and a fine of Rs 1,000 each for not implementing court orders on the filling of certain vacancies in the horticulture department. panchayat raj commissioner Girija Shankar and horticulture commissioner Chiranjeevi Chowdary .

12. Supreme Court to hear plea of convict in Rajiv Gandhi assassination case after 3 weeks. A G Perarivalan, serving life sentence in the Rajiv Gandhi assassination case, seeking grant of parole. Rajiv Gandhi was assassinated on the night of May 21, 1991 at Sriperumbudur in Tamil Nadu by a woman suicide bomber.

13. Bengaluru court in Karnataka has directed former PM HD Deve Gowda to pay Rs 2 crore to Nandi Infrastructure Corridor Enterprise Ltd for allegedly defaming the company in 2011.

14. *CBSE to conduct optional exam between 15 August to 15 Sept* : The CBSE said if the candidates are not satisfied with their result, CBSE will provide online facility for registration for the examination. The facility to register for written exam will be offered online at CBSE’s official website - cbse.nic.in.

15. Raksha Mantri Rajnath Singh will visit the Cochin Shipyard Limited on June 25 (Friday) to review the progress of the Indigenous Aircraft Carrier (IAC). He is on two-day Kochi visit.

16. Lt. Gen. Ajay Kumar Suri took over as the Director General (DG) and Colonel Commandant of the Army Aviation on 21 June.

17. The Defence Ministry has signed a contract with Goa Shipyard Ltd for construction of two Pollution Control Vessels for Indian Coast Guard today. The Defence Ministry has said that it has been done at a cost of about Rs 583 crore.

18. *Born Today*🐣

Actor *Raj Babbar* (born 23 June 1952) is a Hindi and Punjabi film actor and politician belonging to Indian National Congress. 3 times member of the Lok Sabha and a 2 times member of the Upper House of the Indian Parliament. He was the President of Uttar Pradesh Congress Committee.

*✈INTERNATIONAL NEWS*

1. External Affairs Minister S Jaishankar is scheduled to address the United Nations Security Council (UNSC) debate on Afghanistan on 23 June (Wednesday).

2. UN Secretary-General on Myanmar has claimed that about 10,000 refugees have fled from Myanmar to India & Thailand as clashes in that country led to “acute” new displacements and alleged that the regional threat of the crisis is real.

3. India & China are likely to hold another round of diplomatic talks this week on eastern Ladakh with a focus on moving forward in disengagement of troops in the remaining friction points.

4. The United Kingdom posted a liaison officer at the Indian Navy's Information Fusion Centre (IFC) that has emerged as a key hub in tracking movements of ships and other developments in the Indian Ocean. Lt Commander Stephen Smith will be based full-time at the Centre.

5. US Pharma giant Pfizer is in the final stages of an agreement with India to supply anti-COVID-19 vaccines, Chief Executive Officer Dr Albert Bourla said.

*🌎WORLD NEWS🌍*

1. Pak PM Imran Khan has ruled out hosting American bases in Pakistan for military action inside war-torn Afghanistan, fearing it might lead to his country being "targeted in revenge attacks" by terrorists.

2. US President Joe Biden is looking forward to meet with his Afghan counterpart Ashraf Ghani on 25 June (Friday).

3. American Airlines will cut hundreds of flights over the next 3 weeks to avoid overloading its operation as demand for summer air travel rises faster than once expected.

4. Today 23 June - International Widow's Day is observed. To raise awareness globally about the violation of human rights that widows suffer & faces in several countries following the death of their spouses.

*🚣🚴🏇🏁🏊Sports:*

1. The ICC has announced prize money for the winner and runner-up of the World Test Championship Final. The winning team of the final between India and New Zealand will receive about 12 crore rupees along with an ICC Test Championship Mace. The losing team will receive 6 crore rupees approximately. The final match will start on June 18 at Ageas Bowl, Southampton.

2. Chinese swimmer star Sun Yang was banned for more than four years on Tuesday for breaking anti-doping rules, after a retrial at the Court of Arbitration for Sport.

3. Former captain Younis Khan on Tuesday (June 22) stepped down as Pakistan's batting coach. He was appointed last year in November on a two-year contract until the 2022 ICC T20 World Cup. The Pakistan team is due to start a tour of England from June 25 to July 20 for three ODIs and three T20Is. The team will next go to the West Indies from July 21 to August 24 to feature in five T20Is and two Tests.

4. *Norman Pritchard*

An Indian athlete & the first Olympic medal winner from India : Norman Gilbert Pritchard (23 June 1877 – 31 October 1929), also he was a British-Indian sportsperson and actor who became the first Asian-born athlete to win an Olympic medal when he won two silver medals in athletics at the 1900 Paris Olympics representing India.

5. International Olympics Day is observed on June 23 every year to celebrate sports and health. The occasion marks the day when International Olympic Committee was founded in 1894. ... Baron Pierre de Coubertin founded the International Olympic Committee (IOC) in 1894 and laid foundation of the Olympic Games.

*USD 74.31 💷GBP 103.24*

_In Bhubaneswar(Odhs)_

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Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ

*🇮🇳Facts about India🇮🇳*

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firstchoicefinanceconsultants · 4 years

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kanakkupillai-trademark · 2 months

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Guiding Through the Online Professional Tax Registration Procedure in India

Streamlining Finances: A Guide to Professional Tax Registration Online in India

The Professional Tax Registration Procedure involves the state governments in India charging individuals who earn income or practise professions such as chartered accountants, lawyers, and doctors. Different states have varying rates and collection procedures for this service, which are imposed at the state level. Not all states enforce this tax, with Karnataka, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, and Sikkim being exceptions. This tax applies to entrepreneurs, working individuals, traders, and various occupations.

Professional tax is collected by specific Municipal Corporations and most Indian states, serving as a revenue source for the government. The maximum annual amount payable is INR 2,500, with predetermined slabs based on the taxpayer's income. Employers deduct this tax from employees' salaries in private companies and remit it to the Municipal Corporation. Professional tax is mandatory, and individuals are eligible for income tax deductions for this payment.

To initiate Professional Tax Registration, individuals must register their mobile number and email ID. After registration, they receive a unique username and password through secure channels like mobile and email. Through the Citizen portal, applicants create a self-assessment application and submit it for professional tax assessment.

The procedure of conversion of LLP into a Private Limited Company

1. Determine Eligibility:

- Confirm whether you meet the criteria for professional tax filing based on your income from profession, trade, or employment.

2. Gather Necessary Documents:

- Collect essential documents, including proof of income, identification, and other relevant details.

3. Online Registration:

- Initiate the professional tax filing by registering online through the designated portal.

4. Provide Personal Information:

- Enter accurate personal information, including your name, address, contact details, and PAN.

5. Employment Details:

- Furnish details regarding your profession, trade, or employment, along with relevant employment records.

6. Income Declaration:

- Declare your income earned through profession, trade, or employment within the specified format.

7. Compute Tax Liability:

- Calculate your professional tax liability based on the applicable slab rates and income brackets.

8. Payment Submission:

- Pay professional tax through the online portal using the available payment options.

9. Generate Acknowledgment:

- Obtain an acknowledgement receipt or confirmation of your professional tax filing for future reference.

10. Compliance with Due Dates:

- Ensure timely filing and payment to adhere to the specified due dates and avoid penalties.

11. Periodic Review:

- Periodically review your professional tax filing status to stay compliant with any regulation changes.

12. Seek Professional Assistance:

- Consult with tax professionals or experts to ensure accurate and smooth professional tax filing.

Conclusion

Navigating the intricacies of Professional Tax Registration in India requires understanding the diverse rates and procedures across states. While not uniformly enforced, this tax is mandatory for entrepreneurs, working individuals, traders, and professionals in specific occupations. With a maximum annual payment cap and Eligibility for income tax deductions, it is a crucial revenue source for governments. The online registration process, facilitated through secure channels and the Citizen portal, streamlines the filing procedure. Additionally, the guide for converting LLPs into Private Limited Companies emphasises the importance of eligibility confirmation, document collection, accurate information entry, and timely compliance to ensure a seamless transition with the possibility of seeking professional assistance if required.

#professional tax registration

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jobgujnews · 5 years

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No new Tamil releases from March 27?

By: Entertainment Desk | Chennai | Published: March 11, 2020 3:29:49 pm

T Rajhendherr said the TDS adds to the burden of distributors.

T Rajhendherr, President of the Chennai Thiruvallur Kancheepuram Distributors’ Association, has said that the TDS (Tax Deducted at Source) imposed on distributors’ income should be cancelled. In…

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biotechtimes · 5 years

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JIPMER Biochemistry & Biotechnology Research Fellow Post

New Post has been published on https://biotechtimes.org/2019/08/05/jipmer-biochemistry-biotechnology-research-fellow-post/

JIPMER Biochemistry & Biotechnology Research Fellow Post

Biochemistry & Biotechnology Research Fellow Post

B Tech Biotechnology, Msc Biochemistry and Medical Biotechnology candidates are requested to attend walk-in-interview for Junior Research Fellow position. Jawaharlal Institute of Postgraduate Medical Education and Research (JIPMER) Biotechnology Research Fellow Post. Check out the details given below:

Jawaharlal Institute of Post Graduate Medical Education and Research (JIPMER), Puducherry-605006

Position Title: Junior Research Fellow

Monthly Emoluments: Rs.25,000/- + HRA (Rs.5,000/-)

Project Details:

Project Title: Effect of Colchicine in Septic Shock (COLISEPS Trial) – A Pilot Study

Duration: 3 years

Principal Investigator: Dr. R. Venkateswaran, Associate Professor of Medicine.

Essential Qualifications: M.Sc in Medical Biotechnology, Pharmacology, Biochemistry or Equivalent degree. BE or B. Tech in Biotechnology or Equivalent Degree.

Desirable Qualifications and Experience:

Good communication skills in Tamil and Proficiency in English

Basic computer knowledge required for data entry and data analysis.

Experience: Animal (Mice) handling, ELISA and Western Blot techniques

Any Publication in Science Citation Indexed Journal

National Eligibility Test Qualified (like ICMR-JRF, CSIR-UGC, JGEEBILS)

Upper Age Limit: Not exceeding 28 years as on 28th August 2019. However, can be relaxed for OBC/SC/ST candidates as per norms.

How to apply: Interested candidates fulfilling the eligibility criteria may register online and attend the walk-in-interview.

Selection procedure: Registered applicants will be screened and eligible candidates will be intimated by email, on 15th August 2019 to attend the interview. On 28th August 2019, after certificate verification, all candidates found eligible will have to appear for the written test. Based on the performance in the written test, the top 5 (Five) candidates will be shortlisted to appear for Personal Interview. List of Shortlisted Candidates will be displayed in the Departmental Notice Board at 2 PM on the same day. The final merit list will be drawn after the Interview, with the Selected candidate and Waitlisted candidates. The same will be valid for one year from the date of Publications of results.

Download Application Form

View Notification

TERMS AND CONDITIONS for appointment to the post of JUNIOR RESEARCH FELLOW

The appointment is PURELY on TEMPORARY BASIS (co-terminus with the project) will be initially for a period of ONE YEAR and the extension may be granted up to THREE YEARS based on the performance with effect from the date of joining. If the period is not extended further, the same will lapse automatically.

If the performance of the appointee is not found satisfactory by the Principal Investigator, then an appointment can be terminated at any time without assigning any reason.

If the appointee wishes to resign, it can be done by giving one month’s notice or by paying one month’s salary.

The appointee is not entitled to any T.A. for attending the interview and joining the appointment.

Qualification, experience, other terms, and conditions may be relaxed/altered at the discretion of the Principal Investigator. The decision of the Competent Authority will be final.

The appointee shall perform the duties as assigned to him/her. The competent authority reserves the right to assign any duty as and when required. No extra/additional allowances will be admissible in case of such assignment.

The appointee shall be on the whole time appointment of the JIPMER and shall not accept any other assignment, paid or otherwise and shall not engage himself/herself in private practice of any kind during the period of contract.

The appointee shall not be entitled to any benefit like Provident Fund, Pension, Gratuity, Medical Attendance Treatment, Seniority, Promotion, etc. or any other benefits available to the Government Servants, appointed on regular basis.

The appointee will not be eligible to get official accommodation/quarters allotment within the campus as applicable to the other regular employees of this Institute.

The Income Tax or any other tax liable to be deducted, as per the prevailing rules will be deducted at source before effecting the payment, for which the Department will issue TDS Certificate/s.

For further queries, if any, contact Principal Investigator with an email of the subject mentioned as “Enquiries about DST-SERB COLISEPS project recruitment”

Dr. Venkateswaran R, Email ID – ([email protected]) Associate Professor, Department of Medicine, JIPMER, Puducherry – 605006.

#Uncategorized

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jhasravi · 4 years

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BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE

Dated: 01.06.2020

Opportunities in the Post-Covid-19 World under the Make in India Initiative

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The Make in India Initiative and Opportunities in the Post-Covid-19 World

1.0 The Covid-19 besides unsettling and plunging the world in unprecedented severe economic crisis has also thrown up a universe of opportunities for India, specifically for those enterprises who wish to be a part of the India growth story. The unreliability of the Chinese Political System in not warning the world in time about the impending pandemic threat and its unscrupulous attempts to exploit the economic meltdown to entrench its strategic and economic interest has shaken the confidence of the world in China as a reliable trade/ economic ally. The world has started looking to other destinations to keep the global economic engine moving with India emerging as a key potential destination.

2.0 However, to be a part of the India growth story its important to understand and engage with regulatory environments of India, while understanding the India growth story.

3.0 Thus far participation of India in the global economy has risen and is high, in terms of GDP, trade, etc. India has developed know-how and succeeded in exporting a huge basket of goods and services to a large number of countries. It has specialised in sectors which will likely to be in high demand in the near future e.g., information, communication and technology (ICT) services, pharmaceuticals and medical devices etc. The government aims at getting India even more and better integrated into the global economy, the objectives are to double India’s share of world trade, to makes India a hub for global value chain under the make in India flagship; to boost foreign investment inflows by modernizing regulations and to attract more savings from Indians living abroad.

The imposition of US tariffs on Chinese products world accelerate the rejigging of value chains. Preliminary data suggests that India has seized some of the market shares lost by China, with more success in capital and skill intensive industries than in labour intensive ones. Smart policy making has also led to enablement and success of India industry. For instance the ICT sector has been able to function under the Shop and Establishment Act and hence was not subject to the 45 labour laws which apply to industries.

4.0 Addressing domestic bottlenecks; infrastructure and business environment :-

The 2014 OECD Economic Survey of India (OECD, 2014) concluded that manufacturing, for which the production process tends to be more fragmented than for services, suffered most from tax cascading – taxes were levied on each successive transfer, inclusive of any previous tax being levied, as indirect taxes levied on inputs were not creditable from indirect taxes levied on outputs. The Goods and Services Tax (GST), by allowing firms to deduct taxes on inputs, is a clear improvement for the manufacturing sector when implementation costs will disappear.

4.1 Infrastructure bottlenecks have lessened:

The quality of infrastructure is a key determinant of countries’ participation in global value chains . As exports of goods tend to be more intensive in energy and transport than services, they suffer more from infrastructure bottlenecks.

Electricity : India has made significant progress in increasing electricity generation and transmission capacities, in particular from renewable sources, to fulfil its commitment to provide electricity for all. Total generation increased from 1000 TWh in 2010 to 1600 TWh in 2017, making India the third-largest electricity market in the world (IEA, 2018). In 2018, electricity reached every village and the government aims to provide electricity for all by 2019.

Ports : Container traffic at Indian ports is increasing rapidly. The Sagarmala programme launched in 2015 aims at modernising and developing ports, enhancing port connectivity, supporting coastal communities and stimulating port-linked industrialisation. The government also aims at improving infrastructure effectiveness, reducing the turnaround time at major ports from about 3.4 days in 2018 to the global average of 1-2 days by 2022-23 (NITI Aayog, 2018). The Sagarmala programme, launched in 2015 for the period to 2025, aims at reducing logistic costs – both direct costs and inventory handling costs – for foreign and domestic trade by developing and rehabilitating ports. It also aims at doubling the share of water transportation in the modal mix, since it is more cost-effective and emits less greenhouse gas than road and railway transport (FICCI, 2018). More than 605 projects have been identified by the government under the Sagarmala initiative, with a budget of INR 8.8 trillion (about 5.1% of FY 2018/19 GDP). As of 2018, 89 projects were completed and 443 were under various stages of implementation and development.

Turnaround time at major ports has reduced from 107 hours in FY 2011-12 to close to 60 hours in the first seven months of FY 2018/19.Measures to improve the ease of trading across borders have been taken, including the replacement of manual forms with e-filing, e-delivery and e-payment for shipping lines and agents, and a reduction in charges for non-peak hours at ports. The government has also abolished restrictive cabotage rules that prevented foreign ships from transporting containers between Indian ports.

Major Ports are being made more competitive in this regard , the Major Port Authorities Bill, 2020 was introduced in Lok Sabha . The Bill seeks to provide for regulation, operation and planning of major ports in India and provide greater autonomy to these ports. It seeks to replace the Major Port Trusts Act, 1963. Key features of the Bill include Public Private Partnership (PPP) projects. The Bill defines PPP projects as projects taken up through a concession contract by the Board. For such projects, the Board may fix the tariff for the initial bidding purposes. The appointed concessionaire will be free to fix the actual tariffs based on market conditions, and other conditions as may be notified. The revenue share in such projects will be on the basis of the specific concession agreement.

Roads : The Bharatmala programme, launched in 2017 for a five-year period, aims at developing 83 677 km of roads, including economic corridors to strengthen links between manufacturing centres and export hubs. Roads account for the lions share in inland freight transport. The overall cost of the programme was estimated at INR 6.9 trillion (4% of FY2018/19 GDP). The programme relies partly on public-private partnerships, in particular for highways. As of February 2019, 137 road projects with an aggregate length of 6 530 km had been awarded and were in various implementation stages.

Labour regulations: Various measures have been taken to make labour regulations and institutions friendlier to job creation (OECD, 2019). Taking into account the COVID -19 pandemic many State Govt., have suspended the application of most of the labour laws for a considerable duration for instance UP has done so for three years ,Gujarat has also taken similar measures.

5.0 Reform Momentum : To keep up the reform momentum and speed up the dispatching of manufacturing exports, the government has proposed the creation of Coastal Employment Zones. Tax benefits linked to employment creation would add to existing incentives for Special Economic Zones. Coastal Zones are also likely to relax labour regulations. As of March 2019, 14 Coastal Zones have been proposed and plans were being developed for four pilot ones in Andhra Pradesh, Gujarat, Maharashtra, and Tamil Nadu.

5.1 Proposed Coastal Employment Zones: In its Three Year Action Plan 2017/18 to 2019/20, the government (NITI Aayog) suggested the creation of two Coastal Employment Zones, one on the east coast and the other on the west coast, to capture agglomeration effects and attract large multinational firms leaving China because of rising labour costs.

The main features of the proposed zones would be:

–Large areas (i.e. larger than existing special economic zones) with flexible land conversion rules. Coastal zones are to be spread over 500 km2 or more and include existing habitations and industry structures. They will have sufficiently flexible land conversion rules to permit the conversion of these habitations and structures into alternative uses over time as industrialisation proceeds.

-Flexibility in the Floor Space Index would also be granted.

– More liberal and business-friendly regulations. Coastal zones should have liberal labour laws, as is currently the case in Gujarats Special Economic Zones. -They may also have more liberal land acquisition rules (as done in Tamil Nadu and Gujarat).

-Tax breaks for new firms creating many jobs. For new firms and firms creating many jobs, government financial support could be envisaged in the form of an upfront benefit for firms, in contrast to the existing tax relief that firms can only benefit from once they become profitable.

-Proximity to deep draft ports.

– Public investment on infrastructure. The central government may commit to investing up to INR 50 billion (0.03% of FY 2018 GDP) in each coastal zone to meet the infrastructure and housing needs.

– Trade facilitation and trade liberalisation. Clearance time for imports and exports will be reduced to international levels within the zones.

5.2 Trade Facilitation : India has launched the National Trade Facilitation Action Plan for 2017-2020, after ratifying the WTO Trade Facilitation Agreement in 2016. This plan aims at increasing the efficiency of cross-border trade by reducing border and documentary compliance time, permitting exporters to electronically seal their containers at their own facilities, and reducing physical inspections. The Plan foresees a decline in dwell time for imports to within three days for sea cargo, within two days for air cargo and on the same day for land customs. For exports, the aim is to reach below two days for sea cargo and on same-day for air cargo. Implementing the governments Plan, including the Indian Customs Single Window Project, will facilitate trade.

5.3 FDI Norms : India has recently taken steps towards more competitive services by raising or eliminating limits on foreign equity in civil aviation, cable and satellite broadcasting and the insurance sector and allowing for foreign branches for reinsurance activities. For single-brand retail trade, India has eased local sourcing requirements in 2019 by relaxing the definition of goods subject to the 30% local sourcing requirement. Single-brand retailers will also be allowed to open online stores before setting up brick-and-mortar ones (not more than two years after). India has liberalised its FDI policy in many sectors over the past two decades. Since 2014, India has been a top reformer: caps on foreign participation have been raised and more sectors have been brought under the automatic route, avoiding the administrative burden associated with the government approval route. The opening was most ambitious in the air, real estate and retail distribution sectors. In 2017, the Foreign Investment Promotion Board was abolished and the government approval system was simplified and decentralised –concerned ministries are now invited to accept or reject FDI projects within a shorter timeframe (8-10 weeks). Overall, the OECD FDI Restrictiveness Index suggests that in 2018 India was more open than several other EMEs, including China, Indonesia and Malaysia. While global FDI flows declined three years in a row to 2018, FDI inflows to India as a share of GDP have remained relatively robust.

The government aims at making India a more attractive FDI destination. FDI restrictions in single-brand retail, digital media, contract manufacturing and coal sector were loosened in August 2019. Local sourcing norms for single-brand retail FDI have been softened. In presenting its Budget for FY 2019-20, the government indicated that further reforms are likely, including in the insurance, aviation and media sectors.

5.4 FTAs: India has used preferential trade agreements as a key component of its trade and foreign policy, especially since the early 2000s. It has concluded bilateral agreements with several Asian countries (including South Korea in 2009 and Japan in 2011). It is party to various regional trade agreements, including the SAFTA, the Asia Pacific Trade Agreement, and the ASEAN.

6.1 Policy And Implementation Framework For The Make In India Initiative : The Department for Promotion of Industry and Internal Trade (DPIIT) drives the efforts in this direction and has come up with a road map for the largest manufacturing initiative undertaken by a nation in recent history. In a short space of time, the obsolete and obstructive frameworks of the past have been dismantled and replaced with a transparent and user-friendly system. This is helping drive investment, fostering innovation, developing skills, protecting Intellectual Property (IP) and building best-in-class manufacturing infrastructure.

7.1 Make In India Campaign Main Focus Areas : Make in India initiative has made significant achievements and has been reviewed now, focusing on 27 sectors – 15 manufacturing sectors and 12 champion service sectors under Make in India 2.0 programme. The Department for Promotionof Industry and Internal Trade is coordinating action plans for 15 manufacturing sectors, while Department of Commerce is coordinating action plan for 12 service sectors. The revised list of the 27 Sectors are as follows:

1. Aerospace and Defence

2. Automotive and Auto Components

3. Pharmaceuticals and Medical Devices

4. Bio-Technology

5. Capital Goods

6. Textile and Apparels

7. Chemicals and Petrochemicals

8. Electronics (ESDM)

9. Leather &Footwear

10. Food Processing

11. Gems and Jewelry

12. Shipping

13. Railways

14. Construction

15. New and Renewable Energy

16. Information Technology & Information Technology enabled Services (IT & ITeS)

17. Tourism and Hospitality Services

18. Medical Value Travel

19. Transport and Logistics Services

20 Accounting and Finance Services

21. Audio Visual Services

22. Legal Services

23. Communication Services

24. Construction and Related Engineering Services

25. Environmental Services

26. Financial Services

27. Education Services

8.1 Ease of Doing Business : The Government is introducing several reforms to create possibilities for getting Foreign Direct Investment (FDI) and foster business partnerships. Some initiatives have already been undertaken to alleviate the business environment from outdated policies and regulations. This reform is also aligned with parameters of World Bank’s ‘Ease of Doing Business’ index to improve India’s ranking on it. This is driven by reforms in the areas of Starting a Business, Construction Permits, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts, and Resolving Insolvency.

9.1 Intellectual Property Rights: IPR Policy was launched in May 2016. Its aim is to spur creativity and stimulate innovation and ensure effective IPR protection in India. In order to promote innovation the following measures have been taken. Final Patent (Amendment) Rules, 2019 – published on 17th September, 2019, amending The Patents Rules, 2003 has led to significant simplification of rules, especially for startups and MSMEs. . The Patent (Second Amendment) Rules, 2019 published to reduce fees for small entity/MSMEs for processing of patent applications under various sections of the Patents Act, 1970 will incentivize MSMEs to file for more patents.

10.1 Industrial Corridors: Infrastructure is integral to the growth of any industry. The government intends to develop industrial corridors and build smart cities with state-of-the- art technology and high-speed communication. Along with the development of infrastructure, the training for skilled workforce for the sectors is also being addressed.

11.1 Growth of Micro, Small and Medium Enterprises Sector: The Indian economy is likely to emerge as one of the leading economies in the world, with an envisioned GDP of USD five trillion economy by 2024. Our vision is to ensure that at least a contribution worth USD two trillion come from MSME sector. To accomplish this, M/o MSME has taken many steps during the year for technology advancement, skill development and job creation for empowerment of MSME Sector.

12.1 Skill Development Programme: The skill ecosystem in India is undergoing major reforms and policy interventions as India embarks on its journey to become a Knowledge Economy. The skill gap study by the National Skill Development Corporation (NSDC) for the period of 2010-2014 reports that over 109.73 million additional skilled manpower will be required by 2022 across different sectors.

13.1 Conclusion : A close watch at these regulatory, trade and other trends would help spot granular opportunities for instance : – The textile sector provides and illustrative case, within textile exports, the share of yarns and fabrics, which are increasingly automated, has increased while the share of labour-intensive products, like carpets, has declined . A focus on the low -technology segment for textile, garment and footwear, reveals that India has stopped gaining market shares since 2013; Vietnam now has a larger market share. Overall, manufacturing exports have fallen as a share of total exports and their composition has shifted from labour-intensive to high skill and technology-intensive items. A boom in PPE products demand could reinvigorate the testile sector . Manufacturing has emerged as one of the high growth sectors in India.

The Make in India campaign helps to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. The large investment in manufacturing will bring in more capacity creation in the country. The tax reliefs given to start ups and MSME‟s will boost sustainable employment and the quality of startups in the design led manufacturing sector. Make in India mission is one such long term initiative which will realize the dream of transforming India into manufacturing hub. Make in India campaign also focuses on producing products with zero defects and zero effects on environment.

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Opportunities in the Post-Covid-19 World under the Make in India Initiative BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 01.06.2020 Opportunities in the Post-Covid-19 World under the Make in India Initiative…

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personalfn-blog · 6 years

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Now You Can Check If Your Employer Is Contributing To The EPF A/c

Do you get an SMS when your bank transaction fails for any reason?

But have you heard of someone getting a similar intimation from the Employees’ Provident Fund Organisation (EPFO) on the failure of the employer to deposit contributions in your Employees’ Provident Fund (EPF) account?

Recently, EPFO took another step to improve transparency. It decided to intimate subscribers through email or SMS every time their employer fails to deposit its contribution. To access the press release, click here.

Why did EPFO take such a step?

In the past there have been instances where employers not only skipped their contributions deliberately, but also didn’t deposit contributions deducted from the employees’ salary.

And, such unethical incidents have been steadily on the rise since FY 2012-13.

Defaulting employers…

(Source: The Hindu Business Line)

Tamil Nadu and West Bengal have reported the maximum cases of such deliberate defaults.

What happens when your employers deduct your contribution, but don’t credit it to your account?

If contributions remain un-deposited for more than six months, then the employer has to pay 25% p.a. interest along with dues.

If it remains outstanding for more than two months, but less than four months, then the employer has to pay 10% p.a. interest along with the amount due.

For a delay of more than four months but less than six months, the interest penalty increases to 15% p.a.

Despite such stringent laws, employers refuse to pay heed. An employee remains under the impression that since the amount is deducted from his salary, the employer must have credited this to his/her EPFaccount.

At present, you can only check your credit balance. But with this initiative of EPFO, you will be able to track the contribution frequency of your employer as well.

Do you solely depend on EPF for your retirement planning ?

Ideally, you shouldn’t. There’s no doubt that EPF is one of the most attractive investment avenues from the retirement planning perspective, since it fetches you perhaps the higher tax-adjusted yield in the fixed-income category.

However, depending entirely on it would severely constrain your portfolio.

First, try to estimate the corpus you might require at retirement using PersonalFN’s retirement calculator. You may use PersonalFN’s calculator to do this exercise.

Second, depending on years left for your retirement and your risk appetite you should create a personalised retirement plan. You should also take into account your existing kitty of retirement savings.

Want PersonalFN to help you accomplish your goal of blissful retirement?

Yes?

Do not hesitate to call us on 022-61361200.

You can also Schedule a Call with our investment consultant, or even drop a mail at [email protected] and we will be happy to help you.

PersonalFN is a SEBI registered investment advisor. We will handhold in the path of wealth creation and living a blissful retired life.

How good is the idea of investing in mutual funds for retirement?

It’s imperative for you to invest in assets that keep pace with inflation. In other words, you should have exposure to assets such as equity and real estate. But as you know, investing in real estate requires a considerable capital commitment, for which many of us aren’t ready always.

This makes it all the more critical for you to invest in equity oriented mutual funds to create a dependable corpus for retirement. You should invest in them through a Systematic Investment Plan (SIP) route.

Retirement is a significant financial goal and you should not ignore, plan for it today!

This post on " Now You Can Check If Your Employer Is Contributing To The EPF A/c " appeared first on "PersonalFN"

#EPF #Provident Fund #Pension Fund #TaxBenefitofEPF #EPFTransfer #EPFBalance #CheckEPFBalanceonline #EPFO #PersonalFinance #FinancialPlanning

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akankshasmishra · 4 years

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Atal Pension Yojana(APY)-Scheme Details, Amount, Elgibility

There are many investments that we must look upon to make our tomorrow secure from any financial problems. For government employees, there are so many ways like GPF, PPF, and many more. Thus, for the unorganized sector, there are various schemes came into force. Atal Pension Yojana or APY is one of them. So, let’s know more about it!

What Is Atal Pension Yojana?

Atal Pension Yojana or APY is implemented with an objective to provide the pension benefits to individuals in the unorganized sector. Pension Funds Regulatory Authority of India (PFRDA) synchronizes this plan. However, those who are in the organized sector and have no recourse for pension can also apply for this scheme.

The Central Government of India has launched three programs:

Jan Suraksha schemes during 2015-16, Atal Pension Yojana (APY),

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and

Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Due to immense public response from the Pradhan Mantri Jan Dhan Yojana to avail banking with zero balance account, our former Finance Minister Late Shri Arun Jaitley decided to create an expanded and enhanced version of the National Pension Scheme, i.e., Atal Pension Yojana. It is a replacement for the former Swavalamban pension Yojana. In Atal Pension Yojana (APY), the investor will receive their accumulated amount as a monthly payment, just as a regular income.

In case, if you (the investor) pass away, your family or better half avails of it. However, if both, i.e., you and your spouse pass away, your nominee will receive the bulk of the amount. Hence, it’s a source of income in old age.

Thus, it helps people of retirement ages to save money for future needs. The entire bulk pension money depends on the amount you devote towards it every month. Added to this, your age is also taken into consideration. One can get this amount from the age of 60 years.

What Are The Extensions We Have From NPS In APY?

APY was launched in 2015 by Finance Minister Arun Jaitley. On the one hand, where NPS is for everyone, APY focuses on the unorganized sector. According to a circular issued by the Income Tax Department in 2016, contributions to APY will be eligible for the same tax benefit as NPS.

a. Age

The customer should be at least 18 years of age to open an NPS account. The maximum age is 55 years. For APY, a person must be 18 years or older to apply. The maximum age for contributing is 40 years.

b. Investment

There is no maximum investment limit for NPS, whereas APY works on a predetermined monthly contribution. Suppose you start investing as early at the age of 18 and invests Rs 210 per month for 42 years of his life. Then you will earn Rs 5,000 periodically.

c. Minimum Investment

Under the NPS scheme, you have to contribute a minimum of Rs 500 per month, while under APY, there are three payment modes for contribution: monthly, quarterly, and half-yearly. Thus, you’re required to pay a monthly payment of Rs 42 to get a minimum guaranteed return of Rs 1000.

d. Returns

Under the APY scheme, returns get decided beforehand. The return ranges from Rs 1000 to Rs 5000, with the denominations of 1000. For NPS, returns get associated with markets. This means that returns for NPS customers can vary depending on various factors, such as market movement.

e. Premature Withdrawal

As per APY rules, you’re not allowed to withdraw money before the tenure ends. However, in case you die or have a severe medical condition, you shall be entitled to withdraw the amount. For NPS, premature withdrawals will only be allowed in Tier 2 accounts.

Features of Atal Pension Yojana:

1. Raising The Amount Of Subsidy:

As stated above, the amount of pension at your 60s solely depends on how much money you had devoted towards this. Apart from that, it also includes how early you had started investing. These pension amounts vary with the different contributions you made in your producing ages. It may happen that you may devote more bucks towards this plan. As certainly, it will yield bigger fruits in the future.

To make your way easier, the government has laid other paths too. Now, you can add up or deduct from your actual payment towards this every month. Let’s say in a month; you had other prioritized expenditures too. So, indeed, you’ll not be able to devote more money towards this. In that case, you’ll have to decrease your subsidy. Thus, the thread is in your hand itself. When to lose and when to tighten, it’s completely your choice. All you need to do is consult your bank branch manager about it and work upon the necessity.

2. Auto-Debit:

It gives you the facility of auto-debit, so you should not take this into consideration. It will be paid automatically. The only thing you need to consider is the sufficient balance in your account, which is linked with the APY account so as not to penalize yourself.

3. Pension:

It can be provided into denominations of Rs. 1000, Rs.2000, Rs.3000, Rs.4000, Rs.5000, depending on your monthly contributions.

4. Age-Restriction:

This scheme has an age restriction between 18 to 40 years. So college students can also invest in this scheme, and the maximum bar is of 40 years because in this scheme you have to contribute for at least 20 years.

5. Premature Withdrawal:

You’re not permissible to extract the amount earlier than the requisite day. However, in cases like any severe illness or death, you’re permissible for withdrawal. You can get the total amount you expended for such cases.

However, if you discontinue the plan before turning 60s for any reason except stated above, you’ll be in a great loss. Although the sum and interest you earned on that sum, will get paid back to you. Yet you won’t get granted for any government gifts or extra bucks on the interest earned on your sum.

After attaining the age of 60 years, you will be eligible to withdraw the entire amount after the closure of the scheme with the bank concerned, i.e. get a monthly pension. You can also take all the reimbursements in case of any tragic illness before attaining the age of 60.

6. Penalty Charges:

If you miss your payments, a penalty will be imposed. A fine of Re. 1 is imposed on the monthly endowment of Rs. 100 and more.Fine of Rs. 2 is imposed on the contribution of Rs. 101 to Rs.500.

Rs. 5 fine will be imposed on the contribution of Rs.501 and Rs. 1000.Rs. 10 will be imposed on the contribution of Rs. 1000 and above. If in case you’re unable to pay your subsidy for 6 months, your account gets seized temporarily. However, if the delay continues until 12 months or more, it collapses on its own. Then, your entire amount gets paid back to you.

7. Tax Deduction:

The tax deduction portion of this scheme falls under section 80CCD. As per section 80CCD, a max of 10% of your total basic wage. However, the max limit is Rs. 1,50,000. Additional discount of Rs. 50,000 is allowed under Section 80CCD (1B) for devoting to Atal Pension Yojana.

Monthly Contribution For Atal Pension Yojana Chart Age-Wise

According to different ages, you must deposit dissimilar contributions. Keeping the fact of how much pension you want after 60, the payment varies. This graph will help you understand and analyze according to your specifications.

Monthly Contribution Of Atal Pension Yojana

Benefits Of Atal Pension Yojana:

1. Regular Income Source For Old Age:

This scheme financially enables you in the age of 60s to meet your necessities. This is specially made for the ones working in unorganized sectors, e.g., Maids, gardeners, etc. In case of any illness or accident, this scheme provides a sense of security to all such crowds.

2. Nominee:

Unfortunately, if you pass away, your wife gets to avail of it. However, there are situations where both the investor and his wife dies. Then, the nominee has the choice to avail the entire amount. He can deactivate the account and receive the same pension money. The nominee can be a legal heir or any other family member.

3. For Unorganised Quarter:

Why should government employees avail of all opportunities? Some get diverted towards the corporate sectors as well. For making their lives easier, this plan got implemented. Although ones who are in the organized sector and had no recourse to a pension can also apply for this Yojana.

4. Government-Supported:

This scheme gets backed by the government, so there is no means of loss or risk. Your hard-earned money is in protective hands.

Eligibility Criteria Of Atal Pension Yojana

i. You must be an Indian civilian.

ii. You must have a legitimate active contact number.

iii. Make sure your account is well tied-up with Aadhar Card.

iv. You must be in the age bracket of 18 to 40 years.

v. You must not be a part of other welfare plans.

vi. The min duration that you must fund to your account is 20 years.

Beneficiaries of Swavalamban pension Yojana are automatically migrated to this scheme.

Characteristics For Atal Pension Yojana

All nationalized banks offer this scheme. You can choose these banks to open your APY account.

Atal Pension Yojana can be accessed from online portals or from the other banks. This form can also be downloaded from the official site.

The forms are in service in English and Hindi and seven other regional languages, i.e., Bangla, Gujarati, Kannada, Marathi, Odia, Tamil, and Telugu.

Pen down the blanks in the form, after filling, handover them to the bank for further work.

If you have not already provided a contact number to the bank, provide a valid mobile number.

Also, carry with yourself two scanned pictures of your Aadhar card.

Frequently Asked Questions

1. Is it feasible for me to subscribe to the APY pension plan? What if I’ve not opened a savings account yet?

No, first of all, you need to open a savings account. Until and unless you save, how’ll you divert towards other fields? Then go for an APY subscription.

2. Is it mandatory to declare a candidate while applying for Atal Pension Yojana?

Yes, in case both you and your wife’s unfortunate death, your nominee gets the amount. So, you need to choose a person as your nominee. For more verification of your nominee, you must provide his KYC information as well.

3. Can I accumulate more than one pension accounts under this scheme?

No, you cannot accumulate multiple pension accounts under this plan.

4. Is there any way how I can apply for it online?

No, at present, there is no provision to apply online for APY. You can fill the form in the post office only.

5. What documentation you must carry with yourself to submit for this scheme?

To apply for the APY scheme, you need to submit the form accompanying a scanned Xerox copy of your Aadhar card. No further documents you need to carry.

6. How can I know if my scheme is functioning well or not?

You will get a notification pop up on your registered phone number once the plan gets approved.

7. When is the last date to which I can join the Atal Pension Yojana?

Atal Pension Yojana does not have any such last date to join the scheme. Handover this form as early as 1st June for being the part of this magnanimous scheme. The scheme gets revived every year by 1st June.

8. Is the money invested in this plan safe? Will the plan face any kind of transformation if the party changes?

Although this scheme is passed in the budget session, it doesn’t depend on Government bifurcations or change. The plan will not be closed if the government changes, and your contribution is safe. Any successful governments only have the right to rename the pension scheme.

9. What is the age tenure to join this scheme?

You can join this scheme as early as the age of 18 years. College going students can also go for it. The highest age for being part of this scheme is 40 years. Having the upper limit is due to the reason of the compulsory contribution duration of 20 years. From 60 onwards, you will start being paid with your pension.

Final Talk

Pension getting is another beautiful stage of life. Getting ripened fruits for a tree, you grew in the past is something to cherish for! I hope this article helped you in enlightening your views.

source http://invested.in/atal-pension-yojana/

source https://investedindia.wordpress.com/2020/09/23/atal-pension-yojanaapy-scheme-details-amount-elgibility/

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jobsnhomes1 · 7 years

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Kamarajar Port Limited Recruitment – Secretarial Officer Vacancy – Last Date 17 January 2018

Kamarajar Port Limited Secretarial Officer Address: No 17, Jawahar Building, 3rd floor, Rajai Salai, Chennai , Tamil Nadu 600001 Pay scale ( वेतन ) : Consolidated pay of Rs. 50,000/- per month. No other benefits are applicable. Income tax will be deducted at source on monthly basis. No TA/DA shall be admissible for joining the assignment or on its completion. Educational requirements ( शैक्षिक आवश्यकता ) : ACS Desirable qualifications ( वांछनीय योग्यता ) : 1. Experience in a Govt./ Public Sector Undertaking or reputed private company will be an added advantage. 2. Experience as Company Secretary in listed / public company, Knowledge on securities listing, etc. Experience requirements ( अनुभव ) : The applicant should have 2 Years of post qualification experience in the relevant area. Last date to apply for this job ( अंतिम तारीख ) : 17/01/2018 How to apply ( आवेदन कैसे करे ) : Interested Candidates are requested to send their Application along with their Bio-data, specifically mentioning their last pay drawn along with proof of documents for qualification, experience claimed and last pay drawn to The General Manager (CS & BD), Kamarajar Port Limited, No 17, Jawahar Building, 3rd floor, Rajai Salai, Chennai -600001.. Applications should reach the said address on or before 17-01-2018. Official Website : Click Here Official Document ↓Loading↓

Kamarajar Port Limited recruits Secretarial Officer Post. Candidate with ACS experience can apply. About Kamarajar Port Limited (erstwhile Ennore Port Limited) Ennore Port, officially renamed Kamarajar Port Limited, is located on the Coromandel Coast about 24 km north of Chennai Port, Chennai, it is the 12th major port of India, and the first port in India which is a public company. The Kamarajar Port Limited is the only corporatised major port and is registered as a company. The Centre holds a stake of about 68 per cent in the Kamarajar Port Ltd and the remaining 32 per cent is held by the Chennai Port Trust. The port has been able to attract an investment of ₹ 26,000 million by private entrepreneurs on various terminals and harbour craft. Kamarajar Port Ltd, designed as Asia’s energy port, is the first corporatised port in India and has only 86 employees. Envisaged being a satellite port to decongest and improve the environmental quality at the bustling Chennai Port, Kamarajar Port Ltd is evolving itself into a full-fledged port with the capacity to handle a wide range of products. With a permissible draught of 13.5 m, the port handled a total volume of 11.01 million tonnes in 2010–11, up by 2.86 per cent from the previous year. Website Address: http://ift.tt/11hAdQM Contact Us:KAMARAJAR PORT LIMITED (Erstwhile Ennore Port Limited) CIN:U45203TN1999GOI043322 4th Floor, Super Speciality Diabetic Centre (erstwhile DLB building) Near Clive Battery Bus Stop Rajaji Salai Chennai – 600 001 Phones: +91-44-25251666 (5lines) Fax: +91-44-25251665 Email: [email protected]

The post Kamarajar Port Limited Recruitment – Secretarial Officer Vacancy – Last Date 17 January 2018 appeared first on Jobsnhomes.

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makkalmurasu · 7 years

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Ready to face any raid: Vishal After reports claimed that his office was raided by GST intelligence wing, Vishal has said he is ready to face any raid and he is honest. Meanwhile, reports claimed that he has been summoned by the income tax department for not paying tax properly. It was first said that the Goods and Services... http://wp.me/p7rLOS-3Dj மக்கள்முரசு

Ready to face any raid: Vishal on http://wp.me/p7rLOS-3Dj

Ready to face any raid: Vishal

After reports claimed that his office was raided by GST intelligence wing, Vishal has said he is ready to face any raid and he is honest.

Meanwhile, reports claimed that he has been summoned by the income tax department for not paying tax properly.

It was first said that the Goods and Services Tax intelligence wing on Monday raided the office of Vishal’s film production company — Vishal Film Factory — in Chennai following information that he had allegedly evaded service tax to the tune of several lakhs of rupees.

However, Directorate General of Goods and Service Tax Intelligence (DGGSTI) on Monday denied that it raided the premises of top Tamil actor Vishal’s film production house.

“It is to clarify that the officers of DGGSTI have not conducted any such search operations and the news which is being circulated is factually incorrect and false,” Joint Director of DGGSTI P V K Rajasekhar said in a release in Chennai.

Later, it was claimed that the Income Tax department’s TDS (tax deducted at source) wing on Monday searched actor Vishal’s production office at Vadapalani in Chennai for “not remitting” Rs 51 lakh collected as TDS and not depositing into the government account.

var VUUKLE_EMOTE_SIZE = "90px"; VUUKLE_EMOTE_IFRAME = "180px" var EMOTE_TEXT = ["HAPPY","INDIFFERENT","AMUSED","EXCITED","ANGRY","SAD"]

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indianeconomynews-blog · 8 years

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Agriculture: Is Govt’s optimism realistic?

JAYSHREE SENGUPTA

AGRICULTURE

APMC

BUDGET

DEMONETISATION

MIN WAGES

There has been a lot of speculation about the extent of damage due to demonetisation on agriculture. Small farmers suffered most because cash in hand crunch. They were unable to pay for inputs and farm labour besides experiencing low demand for their perishable produce for some time. The latest data from government’s agricultural ministry, however, shows that demonetisation did not have an adverse impact on agricultural production. This year’s rabi crop seems to have got the highest acreage in five years. Based on the occurrence of good monsoons, the ministry and the Economic Survey 2017 has raised the projected agricultural growth for 2016-17 at 4.1 percent. According to government sources, agriculture seems to have escaped the scars of demonetisation experienced in the other sectors. Seeds were allowed to be bought by banned Rs 500 notes and farmers were allowed to withdraw up to Rs 25000 per week to meet their expenses related to agricultural production. Also much (70 per cent) of the required seeds were already available with farmers for Rabi sowing.

Economic Survey 2017

The Economic Survey 2016-17 predicts a record food production at 135 million tonnes compared to 124.1 million tonnes in 2015-16 for the kharif crop. The area sown is 3.5 percent higher than last year. The area sown under rabi crop as on January 13,

2017, stood at 616.2 lakh hectares which is 5.9 per cent higher than in the previous year. But, on the whole, it is difficult to predict the size of the crop because estimates vary. The government’s advanced estimates often tend to be over optimistic than the private estimates and the real output can yet be quite different from the two. Thus reliable government statistics are needed which will give farmers an indication of the total crop production, acreage and its projected market demand. More accurate estimates can help farmers to plant their crops judiciously in order to get best returns.