The Union Budget was released yesterday. Here are the highlights. * Tax slab on personal income remains unchanged * Income tax exemption limit raised by Rs 50‚000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh * Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh. * Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh * Deduction limit on interest on loan for self-occupied house raised to Rs 2 lakh from Rs 1.5 lakh. * Kisan Vikas Patra
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The Recent Recession and How It Has Affected Our Economy We all realize that we are currently in a recession and times are tough. Almost everyone I know has been affected by this recession in some way‚ including my family. Due to this assignment‚ I have found myself asking this question: how has the recession affected my family and the community? Everyone that I spoke with had strong and emotional answers to this question. This past year has been very hard for my family. Both my husband and I
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Section B Cash Budget Table of contents Introduction 2 Cash Management 2 Cash 2 Budget 3 Cash budget 3 Identify Cash Management 4 Construction sector 5 Conclusion 9 Reference 10 Introduction Cash management in this economic environment is crucial. Cash is the life-blood of any business. As the saying goes‚ “Cash is king”. With so many banks tightening credit standards due to what’s happening in the credit markets or within their own lending portfolios‚ it is crucial
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Government spending fails to stimulate economic growth because every dollar Congress "injects" into the economy must first be taxed or borrowed out of the economy. Thus‚ government spending "stimulus" merely redistributes existing income‚ doing nothing to increase productivity or employment‚ and therefore nothing to create additional income. Even worse‚ many federal expenditures weaken the private sector by directing resources toward less productive uses and thus impede income growth. Spending-stimulus
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People think most or all most all government agencies are for the “Public good” but do they know everything that they do and know what they spend on their budget‚ or is there a secret agenda that some government departments try to hind to the world. Hopefully by the end I can show you at least one department and see if their really are there for the “Public good.” The Department of Energy (DOE) main mission is to adhere to America’s security and longevity by addressing its energy‚ environmental
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The Beatles made it sound effortless when they came out with their hit song “Let it Be‚” but how simple was it truly to let it be? There was so much going on regarding disobedience‚ drugs‚ and combat. During the 1960s‚ President Johnson had declared war with Vietnam. Young adults in this time period insisted on resorting to different tactics of coping and began to follow the trend that bands and movies supported: drugs. With drugs came strange ways of life including their fashion choices‚ beliefs
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located in the Midwest US and has a total of 10 branches grouped into two divisions‚ the southern division (SD) and the northern division (ND). Each division consists of five branches; each branch employs a branch president‚ branch vice-president/chief loan officer‚ customer service representatives‚ loan representatives‚ mortgage loan originators‚ head tellers‚ tellers‚ and administrative assistants. All branches are located within a 60-mile radius. TCCB has enjoyed strong financial success
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Athletes should be required to sit out for longer periods of time. Injured athletes should sit out longer seeing as the effects of concussions are very serious‚ they could be at risk of getting another concussion once they go back out to play and they could get long term damage in the process of getting a second one. Even though they are sitting out for long periods of time‚ the brain injury might not go away completely. In article 3‚ it states that one concussion can linger for 30 years or longer
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Constitutional Period/Critical Period/Federalist Period 1783-1800 By Emily Rose‚ Rachel Brunsman‚ and Stephanie Fullenwider Overview Ending the American Revolution‚ the Treaty of Paris was signed in 1783. During the war‚ the Articles of Confederation had been drafted‚ creating a confederation out of the colonies for the first time. Under the Articles‚ the government could not raise an army or tax. It also lacked centralized power because of the absence of an executive branch. The only strong
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