Code

Confirmation Code: GXNNXFD12933912

Google's Fast Flip

Checkout "FastFlip" from Googlelabs. A new way to view news
http://fastflip.googlelabs.com

Top Pub's in Bangalore

Here is the long awaited list of Top Pub's in Bangalore.

Budget 2009 - Direct Tax Overview

· Threshold limit of exemption from personal income tax in the case of all assesses
increased to Rs.150,000.
The slabs and rates of tax are:
Up to Rs.150,000 NIL
Rs.150,001 to Rs.300,000 10 per cent
Rs.300,001 to Rs.500,000 20 per cent
Rs.500,001 and above 30 per cent

· In case of a woman assessee, the threshold limit increased from Rs.145,000 to
Rs.180,000; for a senior citizens, the threshold limit increased from Rs.195,000 to
Rs.225,000.
· No change in the corporate income tax rates.
· No change in the rate of surcharge.
· Senior Citizen Saving Scheme 2004 and the Post Office Time Deposit Account
Added to the basket of saving instruments under Section 80C of the Income Tax
Act.
· Additional deduction of Rs.15,000 allowed under Section 80D to an individual
· Paying medical insurance premium for his/her parent or parents.
· Income Tax Act to be amended to provide that reverse mortgage would not amount
To "transfer"; and the stream of revenue received by the senior citizen would not be "income".
· Tax income arising from saplings or seedlings grown in a nursery exempted.
· Business of production of seeds and manufacture of agricultural implements added
to the list of companies allowed weighted deduction of 150 per cent on any expenditure on in-house scientific research.
· Benefit of amortisation of certain preliminary expenses under Section 35D allowed
to assesses in the services sector.
· Corporate debt instruments issued in demat form and listed on recognised stock
exchanges exempted from TDS.
· Crèche facilities, sponsorship of an employee-sportsperson, organising sports events
for employees and guest houses excluded from the purview of FBT.Parent company allowed to set off the dividend received from its subsidiary company against dividend distributed by the parent company; provided that the dividend received has suffered DDT and the parent company is not a subsidiary of another company.
· Insert a new sub-section (11C) in Section 80-IB to grant a five year tax holiday to
hospitals located in any place outside the urban agglomerations especially in tier-2 and tier-3 towns; this window will be open for the period April 1, 2008 to March
31, 2013.
· Five year holiday from income tax being granted to two, three or four star hotels established in specified districts having UNESCO-declared 'World Heritage Sites';
The hotel should be constructed and start functioning during the period April 1, 2008 to March 31, 2013.
· Coir Board included in Section 10(29A) and exempted from income tax.
· Rate of tax on short term capital gains under Section 111A & Section 115AD increased to 15 per cent.
· STT paid to be treated like any other deductible expenditure against business income;
Levy of STT, in the case of options to be only on premium, where the option is not exercised; liability to be on the seller; where the option is exercised, levy to be on the settlement price and the liability on the buyer; no change in the present rates.
· Commodities Transaction Tax (CTT) to be introduced on the same lines as STT on
Options and futures.
· Law being amended to exclude entities carrying on regular trade, commerce or
Business or providing services in relation to any trade, commerce or business and earning incomes from claiming that their purposes also fall under "charitable Purpose"; Genuine charitable organizations not to be affected in any way.
· Banking Cash Transaction Tax (BCTT) being withdrawn with effect from
April 1, 2009.

Gtalk - Invisible Chat Option

Gmail’s built-in chat has now added a new status – "invisible", which does exactly the same thing. You can appear offline to your contacts by choosing "invisible" from the drop down status menu. With the invisible status, your contacts can’t see you online, but you’ll still be able to see their presence or even chat with them.

Currently this optionisnot availablein Google Talk’s standalone client or gadget.

I think, Google seems to have forgotten about Google Talk desktop client.

BCCI richer by Rs 7000 crore thru IPL

BCCI richer by Rs 7000 crore thru IPL

The BCCI-powered Indian Premier League's franchises on Thursday sold out with Bollywood stars, entrepreneurs and business houses alike pumping in as much as Rs 7,000 crore for its eight teams.

Three groups — Future Group, ICICI Venture and Sahara Hospitality were disqualified, after which 11 companies remained in the race.

The BCCI earlier sold the IPL's media rights for over $1 billion.

The players will also be available in an EPL-style transfer window, enabling the teams to buy out players on their radar.

Attention CAT08 aspirants - Free CAT Workshop

Free Workshop On CAT Quant & DI Exclusively for Working Engineers

By Serial Cat Topper BYJU.

Are you ready to crack Cat 2008? How confident are you that you will cross the 99%ile cutoff in CAT 2008 Quant and DI Section?Check yourself …..Try answering the following questions in 5 minutes.

1) Find the remainder when 123123123 ……… 300 digits is divided by 504?

2) In an innings a team can lose a maximum of ten wickets. Find the probability that in a given match the two teams will together lose more than 5 but less than 12 wickets?

3) The longest side of a triangle is 20 cms. The second side is 10 cms and the area of the triangle is 80 sq.cm. Find the third side of the triangle.

4) Given Zn = 3Zn – 1 + 5,n being any natural number greater than 1 and Z1 =1 find Z50? a) (6 * 249 – 5) / 2 b) (7 * 349 – 5) / 2 c) (7 * 349 – 3) / 2

5) How many natural numbers less than 50 can be expressed as a difference of squares of whole numbers exactly in one way?

With around 2 lakhs people battling for about 1500 seats you need to have an edge over others. Act smart and attend the FREE workshop by Byju on strategies, methodologies and techniques to solve 50 such CAT questions with speed and accuracy. Byju is a 100 percentiler in CAT.
With a passion for teaching he has trained over 1500 students in Bangalore, Chennai, Mumbai and Mangalore in 2007 alone. This National Maths Olympiad winner has conducted seminars at IIT’s,NIT’s and foreign universities

What will you get in this free workshop?

Ø Byju’s unique and innovative techniques used by him to get 100 percentile twice.
Ø Glimpse of the techniques mastered by 212 students (as on 15th Jan) who got IIM calls in 2007
Ø Confidence that you can really crack CAT. At the end of the session we will give you actual cat questions and you can solve them using techniques just taught in the 2 hour free workshop.

What do you loose?

Absolutely nothing (Not Even your precious time because in those two hours you will be learning so many new techniques and strategies)

This is what his students have to say about him :“ I joined one premier institute for my preparation. But they are catering to the masses only covering the basic things. Fortunately I came to know about Byju sir and his classes are very different, real value addition and confidence booster. He discusses quality questions and gave direction to my random preparation. Full credit to him for helping me realize my dream of getting into IIM A.”
Anita Kishore, VJTI, Mumbai 99.9 percentile Final selection IIM A,B,C,L,I,K

“He gave me speed without compromising on accuracy. His passion for numbers, his determination to teach, made me fight harder. He has given me immense confidence, to say the least.” Riku Sayuj, Garden City College, Bangalore Final selection IIM A,B,C,L,I,KPercentile :99.76

Anyone can claim anything!!

Don’t take our word for it….

Feel the difference yourself

Attend a FREE SESSION in yourCity

Bangalore: Room no. R1 Jyothi Nivas College, KoramangalaDate : 27th January Sunday 10 am
Chennai: College of Engineering,Guindy ,28th Jan 5 pm
Delhi: IIT Delhi , 31st Jan 5 pm
Mumbai: VJTI Matunga, 2nd Feb 2pm
For Free registration and further details call Byju or SMS CAT to 9880031619 or 9986075402.