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Under NPS, employees have to make regular investments. Amid some states moving to old pension scheme, Finance Minister Nirmala Sitharaman cautioned against the move, saying that states might be paying the current generation of pensioners by loading it onto the future generations. The minister was speaking to Rahul Joshi, Group Editor, Network18 Group in an exclusive interview. Recently, the Punjab government said it was considering reverting to the old pension scheme, or OPS, for its employees. If the proposal goes through, Punjab will be the third state to have reverted to the OPS after Rajasthan and Chhattisgarh. Even Maharashtra Deputy Chief Minister Devendra Fadnavis recently said that the state was “not negative” about OPS. “We should look at a reasonable balance and what we are leaving for generations to come. Yes, you need to borrow for the economy to run, but unless we have a complete understanding of the fiscal health of the state, for not just today but future … [Read more...] about FM Nirmala Sitharaman Interview: Moving to old pension scheme is unwise

Share to Twitter Share to Linkedin A recent article in The Atlantic claims that America’s fever of workaholism is finally breaking for the rich, who are buying more free time. Unfortunately, that’s not the case for the average American worker. Now that remote and hybrid work are becoming the new normal, employees face new challenges along with the advantages. Chronic work stress no longer exists solely in the office. In one study , 48% of remote workers said they were struggling to disconnect from work, burning the midnight oil. This trend has led to nearly half of the workforce feeling burned out—conditions detrimental to productivity and job satisfaction. If you work at home, you’re in your personal space, not your usual professional environment, with your personal and professional worlds under one roof. The upside is you have greater flexibility, but the downside is your personal life can bleed into your workday. Laundry needs to be done, dishes … [Read more...] about 10 Ways Remote Workers Can Find Work-Life Balance In 2023

Alienware is a brand synonymous with gaming. The company is renowned for its over-the-top approach in gaming desktops and laptops, not to mention their unique aesthetics. However, the Alienware X15 laptop arrives in a new world, where manufacturers are looking to slim down and deviate from the traditional chunky gaming laptop designs. With the X15 R2, Alienware accomplishes this by offering a powerful gaming laptop in a thin and light design. I never got around to testing the Alienware X15 R1, so this is my first experience with Alienware’s slimmest gaming laptop series. But just how much has Alienware had to compromise to deliver a powerful gaming laptop in this slim chassis, let’s find out! Design and Build First off, it is nice to say that despite the slim form factor, Alienware has retained its traditional futuristic design on the X15 R2. The notebook is offered in a Lunar Light dual colour scheme, which tends to stand out from the matte black crowd. The off-white lid … [Read more...] about Alienware X15 R2 Review: A premium yet portable gaming laptop that packs a powerful punch

FM Nirmala Sitharaman breaks Budget 2023 down in an exclusive interview with Network18. While giving a boost to the new income-tax regime, the government has set no time frame to phase out the older tax regime that offers popular exemptions and deductions under various sections, said Finance Minister Nirmala Sitharaman, in an exclusive interview with Network18 Group Editor Rahul Joshi . Sitharaman stressed that the new tax regime offers reasonable tax rates and simpler compliance. The new tax regime, which offers lower tax rates but minimal exemptions, was introduced in Budget 202 0. “The Prime Minister was clear that the tax-payer should know how much they are paying actually and feel the comfort of not paying much and file tax returns from the comfort of their home,” she said. She expects around 50 percent of tax-payers in "certain layers" to switch to the new tax regime voluntarily. With the new income-tax regime having completed three years, and the FM making big … [Read more...] about FM Nirmala Sitharaman interview | New tax regime the future, old tax regime to stay

Share to Twitter Share to Linkedin There’s a dizzying amount of activity going on in some states and school districts, spurred by the push to bring classroom practice in line with the “science of reading.” But not all of that activity translates into better reading instruction. Some teachers are being required to take rigorous courses that ask them to re-examine and abandon deeply held beliefs about how children learn to read. Even if they become convinced that change is needed—that is, they have the why— they may not be equipped to put their new understanding into practice. Other teachers are simply being asked to follow a radically different kind of literacy curriculum. They have the what— the instructional materials. But they may not understand why change is necessary. That could lead them to depart from the new curriculum or implement it in a way that doesn’t work. Even if teachers have both the why and the what , a radical shift in … [Read more...] about Teachers Need The Why, The What, And The How For Change To Happen

Representative Image Japanese electronics and entertainment conglomerate Sony Group Corp said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively used. "In terms of technology, several companies in the world including this one have enough technology accumulated to make them swiftly once it becomes clear which usage is promising," Sony Chief Technology Officer Hiroaki Kitano told Reuters in an interview. "The key is the development of application," Kitano said. Sony launched a robot dog called Aibo more than two decades ago. It sold about 150,000 units of Aibo from 1999 until 2006 and launched an advanced version in 2018, selling about 20,000 units in the first six months. Humanoid robots have been in development for decades by Honda Motor Co and Hyundai Motor Co and in September, Tesla Chief Executive Elon Musk showed off a prototype of its humanoid robot Optimus. Read More Musk's company is … [Read more...] about Sony says it has technology for humanoid robots, just looking for use

Indian vulture population in the country has declined, from 40 million to 19,000. (Photo by Shantanu Kuveskar via Wikimedia Commons) There was a time when the Great Indian Bustard (GIB) was in the running to become our National Bird. Its range extended all across western India - the Thar Desert and Deccan Plateau being its strongholds. Wildlife experts and enthusiasts recount spotting groups of up to 20 GIBs at a time in the dry grasslands. Rampant poaching, disturbance at breeding sites and loss of habitat have, however, reduced its numbers to 150 in the country (as of 2018). The critically endangered species could go extinct within 20 years, according to estimates by ornithologists. Unfortunately, it isn’t the only bird going the way of the Dodo. The fifth edition of the flagship science publication State of the World’s Birds, released last week, has declared that nearly half of the planet’s bird species are in decline. Painting a grim picture, it states that at least 187 … [Read more...] about Why the next decade is crucial for bird conservation in India

On his best remaining days as a pro quarterback, Russell Wilson will never be as good as Patrick Mahomes, the best on the planet at his craft. But after losing 15 consecutive games to Kansas City, the Broncos now have a fighting chance against the Chiefs because coach Sean Payton can out-scheme and outsmart Andy Reid on any given NFL Sunday. This is my list of the top five NFL quarterbacks, and I’m sticking to it: No. 1: Mahomes No. 2: Joe Burrow, Cincinnati No. 3: Josh Allen, Buffalo No. 4: Lamar Jackson, Baltimore No 5: Jalen Hurts, Philadelphia The old school is dead. Tom Brady has finally called it quits, and if he’s smart, Aaron Rodgers will do the same. The young lions are roaring now. Among the five quarterbacks at the top of the heap, with Justin Herbert and Trevor Lawrence looming at the fringes, there is nobody older than Mahomes, who celebrated his 27th birthday in September. Entering a season in which Wilson will turn 35 years old, I firmly believe … [Read more...] about Kiszla: Why Sean Payton can lead Broncos to 11-6 record in his first season as coach

Share to Twitter Share to Linkedin I have been having silly arguments with Fair Tax enthusiasts. The Fair Tax Act of 2023 would be a tremendous simplification of federal taxation. It does not, however, reduce 70,000 pages to 131 and it does not entirely eliminate the Internal Revenue Code. Also it does not abolish the IRS. It renames parts of it and has $10 billion or so, currently spent by the IRS to be spent by numerous state revenue agencies instead. Over my forty year career I have not found state employees to be easier to deal with than federal employees, so I don't see what we would be gaining there. And while much simpler than the current system, there is still some complexity. That is what I would like to tell you about, because some of that complexity is worrisome. All section references are to the Internal Revenue Code of 2023 as specified by the Fair Tax Act of 2023. The Variable Rate Discussions of the sales tax proposed in the … [Read more...] about Fair Tax Act Of 2023 Has Rate That Varies

The scope for boosting GST tax base of the indirect tax system is high, with a huge gap in its tax filing system, the Chairman of the Central Board of Indirect Taxes & Customs, Vivek Johari has said. Even though, there is no baseline to check how many have been evading paying GST taxes the Chairman is sure that the gap is wide enough to tap into. “We can only make an intuitive comparison. If we compare GST tax base with direct taxes, there is clearly a huge gap,” he said at the CNBC-TV18 at a post-budget event on February 2. While the department of Direct Tax has over 8 crore registered taxpayers, the indirect tax department has only about 1.4 crore, said Johari. There are certain sectors including those dealing in B2C, import of services, that must register for GST but haven’t. “We are working on expanding taxpayer's base, we are trying to use technology to come at it,” adds Johari. Read More The department has also been working on compliances and has … [Read more...] about Indirect Tax body chairman says huge gap in filing, see scope for boosting GST tax base