TUSSLE IN AAP PARTY

There is open war erupted in the Aam Aadmi Party (AAP) as they sacked their founder members Yogendra Yadav and Prashant Bhushan from a key panel and can lead to their exit from the party for challenging chief Arvind Kejriwal.    

Yogendra Yadav and Prashant Bhushan duo were upset and had following allegations

•    They are out just because they demanded more transparency in the way funds are spent & referendum in Kashmir and pragmatic politics of welfarism.

•    Their termination is scripted. It is the murder of democracy.

•    Mr Yadav and Mr Bhushan alleged that the vote in which the AAP National Council, comprising 400 members, expelled them, was not fare. There was no discussion & no secret ballot.

•    On Friday, 27th March, 2015, a secretly-taped phone conversation was leaked, in which Mr Kejriwal is heard abusing Mr Bhushan and Mr Yadav and threatening to exit the party with his 67 lawmakers from Delhi.

Mr Yadav sat on the protest outside the meeting venue with his supporters, alleging that lawful members were not being allowed inside. He appeared virtually isolated as a sea of AAP workers blocked roads outside the meeting venue raising slogans and holding up placards in support of Mr Kejriwal.

Mr Kejriwal has reportedly told the party he can't work with Mr Yadav and Mr Bhushan anymore.

Duo Mr Yadav and Mr Bhushan claim they are being forced out of the party for demanding more transparency and internal democracy. Mr Kejriwal's supporters insist that duo want him removed as the national convener of the party... Read More

Income Tax Calculation

How you calculate tax in just six steps :-
Step 1: Computation of Taxable Income
Write down the income from all sources like

• Income from Salary
• Income from House Property
• Profit and Gains of Business and Profession
• Capital Gains
• Income from Other Sources.

Add: Income from the clubbing of income (other person income mandatory to clubbed)
Note: The taxable income should be rounded off to multiple of Rs.10. Suppose if you taxable income is Rs.540523/-, it will rounded off to Rs.540520/-. If income is Rs.540525/- then it will be 540530/-. Paise should be ignored.
Step 2: Donations
Calculate the total donations you have made towards various institutions in accordance to Income Tax Rules.
Step 3: Savings
Calculate your total savings. This may include all the savings and investments mentioned in saving schemes
Step 4: calculate your taxable income
Step I - ( Step 2 + Step 3) = Taxable Income
Step V: Calculate Income Tax
When you have calculated your taxable income, refer to the following slabs to calculate your Income Tax accordingly. Choose the slab according to your income and calculate your Income tax.
Income tax slabs 2011-2012 (for Men) in India:
Tax slab for man (less than 60)

Level of Incomes	Tax
1.  Where the total income does not exceed Rs. 1,80,000/-.	Nil
2.  Where the total income exceeds Rs. 1,80,000 but does not exceed Rs. 5,00,000/-	10 per cent of the amount by which the total income exceeds Rs. 1,80,000/-
3.  Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 8,00,000/-.	Rs. 32,000/- plus 20 per cent of the amount by which the total income exceeds Rs. 5,00,000/-.
4.  Where the total income exceeds Rs. 8,00,000/-.	Rs. 92,000/- plus 30 per cent of the amount by which the total income exceeds Rs. 8,00,000/-.

Special tax slab for Women, Senior citizen and Very Senior Citizens

Tax	Women	Senior citizen(60 – 80 yrs)	Very Senior Citizens(Above 80 years)
Basic Exemption	190000	250000	500000
10% tax	190001 to 500000	250001 to 500000	-
20% tax	500001 to 800000	500001 to 800000	500001 to 800000
30% tax	above 800000	above 800000	above 800000

Example: Mr Ajay is a salaried employee below 60 years of age. Basic salary is Rs 8,00,000. He has received Rs 18,000 as interest from Saving Bank Account. His contribution towards Employee Provident Fund is Rs 34,000. TDS deducted by his employer is... Read More

Good Listening

Good listening must be an essential quality of one’s personality. It will always helpful from childhood, school and college level. It is most important part of job/business. It will improve your performance, productivity, and develop better relationships with your family members, friends, colleagues, seniors, juniors, and people that matters you.
How to become good listener:-
1.) Must pay attention to the speaker

• Maintain eye contact.
• Take a listening position.
• Always sit with positive frame of mind.
• Don’t interrupt the speaker.
• Use words like O.K. Hmm..., oh to show that you are listening.
• Use gestures like facial expressions and eye-movements to show that you are listening.
• Ask clarifying questions for understanding if necessary.
• Provide appropriate feedback.
• Don’t change the topic in between the conversation.

2.) Empathize with speaker if that person is discussing his/her problem. Try to comfort the speaker. If possible, try to give positive suggestions.
3.) Don’t indulge into arguments and never use abusive words while listening to the speaker.
4.) Don’t be judgmental while listening to the speaker.
5.) Try to remove distractions and avoid unnecessary interruptions to focus  on what  is being said:

• Don’t shuffle papers
• Don’t Look out the window
• Don’t Bite fingernails or similar… Read More

Chanakya Nitishastra - Chapter Four

1. Person’s lifespan, occupation, wealth, education and the death time are determined while one is in the womb.

2. Children, acquaintances, and relatives try to remain at a distance from a devotee of the Lord: yet those who follow him bring value to their families through their devotion.

3. Fishes, tortoises, and birds bring up their children or younger once by means of sight, attention and touch similarly saintly men protect their acquaintances.

4. When your body is healthy, under control and death is far, try to save your soul because when death is near than you cannot do anything.

5. Learning is like a cow of desire that give output in all the seasons. It feeds you, like a mother feeds you on the journey of your life. Therefore, learning is a secret treasure.

6. One son accompanied with good qualities is far better than a hundred of them lacking those qualities. He can be compared to the moon that can take away the darkness whereas numerous stars cannot.

7. A son who died at the time of birth is better than a foolish son with a long life. The son who died at the time of the birth gives sadness for a time being while the foolish son is like a blazing fire that burn his parents in grief for the lifetime.

8. Dwelling in a small village without adequate living facilities, serving a person born in a low family, unhealthy food, a brooding wife, a stupid son, and a widowed daughter burns the body of the person without fire.

9. A cow that neither gives milk nor conceives is worthless; similarly a son who is neither learned nor a pure devotee of the Lord is insignificant.

10. When a man is filled with the sorrows of life, three things that are children, a wife, and the company of the lord's devotees can give him relief.

11. Kings speak once, knowledgeable people do not repeat what they said once, and the daughter is given in marriage once. All these happen once.

12. One should practice ascetic practices alone, study in the company of two, and singing in the company of three. A journey should be undertaken in the company of four, agriculture in the company of five, and war should be fought by accompanying many people.

13. She is a true wife who is pure, clean, expert, truthful, & pleasing to the husband.

14. The house without a child is void, all the directions are void for the person who has no relatives, fool’s heart is also void, but for a poor person all the above is void.

15. If scriptural lessons are not being practiced than they are like a poison; a food is poison for the person who suffers from indigestion; a social gathering is a poison for a poor person; and an aged man whose wife is younger to him is poison for him.

16. That man who is without mercy and a religion should be discarded. A teacher without spiritual knowledge should be rejected. The wife with an unpleasant face should be given up, and so should relatives who are without affection.... Read More