12:50 pm: Equity-based Mutual Funds are now being taxed. FM introduce tax On Distributed Income Of MFs at 10%. Domestic mutual funds helped market rise in the calendar year 2017, the move will be taken negatively by the marketOverall the budget has been a political statement of promoting the rural economy. There has been announcement made for promotion of employment but these will take time to see the light of the dayNegative news for the market in terms of the LTCG and tax on mutual fundsClose Thats all from my end related news Arun Jaitley's life inspires us to work harder for nation: PM Modi Arun Jaitley's statue will be installed in Bihar: Nitish Kumar Delhi's Feroz Shah Kotla to be renamed Arun Jaitley Stadium 12:48 pm: Apple, Samsung and other mobile phones manufactured abroad and imported in India to cost more as custom duty on these production has been increased12:48 pm: Rather than an expectation of a tax cut, education cess has been increased. Another … [Read more...] about Union Budget 2018 Highlights: Key takeaways from Arun Jaitley’s fifth Budget
Where brexit hits hard a customs union will help
Lately, I’ve been exploring microcarbon finance, an emerging hybrid of carbon offset and microloan strategy that has the potential to be endlessly confusing to a non-specialist. But when you get past the details, microcarbon finance has the potential to ignite direct environmental action and social transformation for the one billion people at the “Base of the Pyramid” who live on less than $1 a day. advertisement advertisement Microfinance programs, which match poor entrepreneurs in developing areas with small, low-interest loans to support economic growth and social transformation, have become all but mainstream in areas like China and India. The practice has become so common that Forbes even warned against jumping too fast into “barefoot banking” in 2008. At the same time, as microfinance goes mainstream, awareness about environmental and sustainability issues grows. China is a perfect example: the rapidly-growing superpower has come under … [Read more...] about Could Microcarbon Finance Help Eliminate Poverty?
Google spreads its technological tentacles far and wide, from web searches through maps to cat videos and music, and things have become complicated over time. So in an effort to help the average consumer understand the nature of the beast, Google has launched a Tips website that acts as a handy guide to all 13 of its consumer-facing products. Android, Calendar, Chrome, Docs, Drive, Gmail, Google+, Keep, Maps, News, Play, Search, and YouTube are the current available topics, but Google is offering users the chance to suggest more. And though the Tips site can hardly be called exhaustive, it does offer some in-depth guides for each item. The site seems to work best when you’re logged in, and Google prompts you to do that. This is a clever PR move by Google that also promotes Google+, but despite that, the average user will likely find the Tips very useful. advertisement advertisement advertisement … [Read more...] about Google Realizes It’s Complicated, Rolls Out “Tips” Site To Help Users
It was a potentially world-changing idea: By quickly growing and extracting vaccines from tobacco plant leaves, the vaccine industry could be ready in case of a pandemic, and scrap the ugly practice of extracting vaccines from fluid in chicken eggs. But the UC Davis researchers behind the idea were part of the National Science Foundation’s I-Corps, a bootcamp to turn scientists into savvy entrepreneurs. Like everyone else who was a part of the inaugural I-Corps this past quarter, the UC Davis team ditched their original idea for one that might actually succeed in the market. Instead of growing vaccines, the team now wants to use tobacco plants to grow a protein that can keep emphysema (ironically) at bay. advertisement When we first spoke to the UC Davis researchers after they were accepted to I-Corps, team member Lucas Arzola had this to say: “Our hypothesis is that we can be a producer of vaccines in a rapid fashion. It’s relevant to the H1N1 crisis or when … [Read more...] about Keeping Emphysema At Bay, With Help From Tobacco Plants
advertisement advertisement With her country embroiled in budget cuts, a $113 billion bailout, and a general financial frenzy, product designer Jane Ni Dhulchaointigh’s obsession with re-use and renewal has never looked more sensible. She’s the inventor of Sugru, an affordable, Play-doh-like silicone rubber clay that can be used for everything from protecting computer parts and re-shaping light switches to creating bike grips. Sugru allows individuals to make use of the material for whatever purpose they desire. And now, Sugru is a band-aid for families hit hard by the financial crisis whose budgets for repair supplies have dwindled. At a price of $16.50 for a 60-gram pack, Sugru is a pocket-friendly product, nurtured and launched amidst Ireland’s crisis economy. The crisis, Ni Dhulchaointigh says, “has opened a new sense of opportunity for Irish entrepreneurs, and the Irish creative community in general. It feels like there’s a sense of coming … [Read more...] about Ireland’s Strong-Willed Entrepreneurs Find Inspiration in Crisis