What should be the approch of an youngster on tax saving

You would definitely think to spend your early 20s without any bothering of money savings as you have lots of plans like visiting new places, having new experiences. Though it is not the time to worry because there is entire life ahead to think about this but still what is bad to save few and reduce some load for upcoming years.

The youth of India in early 20s should at least go for tax saving and deduct some amount from their expenses as The Income Tax Department allows you to save till Rs.1.5 lakh per year.

Don’t procrastinate till the last quarter

Do not postpone your investment decisions to the last months of the financial year as it will be difficult for you to take decision in a hurry and as a result you would make a wrong choice while planning your tax-saving investments. You must roughly calculate at the very starting of the year the amount of money you could save.

Avail all expenses that are tax exempt

Many of your expenses can get tax exemption which includes life insurance premium, home loan repayment and medical insurance where you are eligible to get exemptions under Section 80C. Be aware of such expenses to avoid tax. Once you are aware of such expenses, you may invest the left 80C amount to grow your money more.

Invest a good portion in ELSS funds

PPF and fixed deposits cannot earn inflation-beating returns. ELSS funds have equity exposure which allows you to do this. Equity might be risky but for a short period of time. But in long-term you will be able to earn very high returns.

Use tax-saving investments to fulfill goals

Tax-saving avenues are not the only way to invest for saving taxes. Tax-saving investments are for long run and help you in fulfilling monetary goals. Whether your motive is to buy a car, a house, for vacation and saving money for the same, you have the option to align tax saving investments and fulfill such goals with ease.

Keep track and stay on course

Make sure that you must regularly check on your investments in ELSS funds, funds performances and must go for the better options. Never leave to invest in ELSS even if it is a bad phase because it will give you profit only.

So keep in mind all the above six things in your 20’s so as to plan the tax savings investments and the expenditure. This will give you the better of two that is, money that you have saved and also money for your future.

How do creative people brings new ideas?

Adam Grant author of two bestselling books and a psychiatrist by profession had recently expressed his thoughts on habits of original thinkers. He talks about the three surprising habits of ‘originals’. According to him originals are people who are not confirmed of their thoughts and have new ideas for which they take steps to complete them. Originals are people who believe in changing the world.

Following are the habits recognized in ‘Originals’:

‘Originals’ are always late in the party

According to reports, ‘procrastinators’, people who complete their work before deadline are considered to be less creative than people who delay it mostly. There are people who wait until the last minute and are busy thinking about random stuff that they hardly have any time for new ideas. While on the other side people who generally rush into the problem also lack original ideas. So ‘Originals’ are combined of these two extremes. When you are assigned a task don’t do it in a hurry rather delay it a bit, think about it in the background of your mind. By doing this you look at the task from different angles and when you see it with all the angles, proceed with the best one.

‘Originals’ feel confused and fearful

There comes situations in your life that you never planned for but this is how you learn to handle problems. Mostly people blame themselves for their failure. Doubting your ideas and thinking on them is good but because slowly and gradually it makes you creative and perfect. But doubting your own self is bad and makes you unproductive.

‘Originals’ being human have fears also. But one missing fear they don’t have is, fear of trying. Even after having Internet Explorer and Safari people switch to Google Chrome and Mozilla Firefox. This is because even after having defaults, people challenge them and switch to others as they look for options. You must not stop trying.

‘Originals’ have lots of bad ideas

There’s a simple maths. When you start increasing your number of attempts the possibility of your success increases automatically. You might be loaded with tons of ideas out of which some are good and some are bad. There will be a confusing situation in your mind that whether you should go for it or not, whether it will be successful or not. Don’t think, go for it because it is going to be more worse if you don’t do it.

Many of you may have these habits and even more but all you need to do is to identify your strengths and weaknesses. No one ever asked Sachin Tendulkar for his Class XII marks. All you need to do is believe in yourself and don’t let the world doubt on your abilities.


How LinkedIn-Microsoft deal effect Satya Nadella

The second biggest deal of Microsoft acquiring LinkedIn costs $26.2 billion. This is the sixth acquisition of Microsoft in the year 2016, which is the biggest deal if the tech giant out of its 196 acquisitions. Microsoft plans to influence 433 million users of LinkedIn in order to expand its business but this is not the only motive, there are a lot more reasons for this historic deal in between the two giants. Microsoft CEO, Satya Nadella finds this deal as joining hands of the world’s leading professional cloud and network.

Before joining hands with any acquisition Nadella asks three key questions.

  • Will the asset expand Microsoft’s overall addressable market?
  • Is the asset riding technical trends and secular usage?
  • Will the asset able to align with company’s core business and and sense of overall purpose?


He defended the answer to all these questions is squarely yes with LinkedIn. Nadella shared his views on why Microsoft-LinkedIn deal made sense to him.

For Office 365 and Dynamics

LinkedIn is a professional network where people find jobs, build skills, sell and market and in the end get success. Office 365 and Dynamics will provide a vibrant network which will bring together a professional’s information on LinkedIn’s network as well as in Office 365z

New opportunities to monetize

This combination will provide new experiences like newsfeed and Office suggesting an expert to get in touch via LinkedIn to help them with a task that they are stucked with. The more this combination will be delightful the more their engagement will grow.

With this new ways can be created for monetization when individuals and organizations will subscribe.

Re-founding LinkedIn

The CEO’s of Microsoft and LinkedIn together believe that Microsoft can give acceleration in the growth of LinkedIn. Microsoft’s features may bring a great value to LinkedIn’s users. Founder of LinkedIn, Reid Hoffman, calls this as “re-founding” deal for LinkedIn to reach the goal set 13 years ago for the company.

Growth of Office 365 continues

Microsoft moved Office from productivity tools set to a cloud service for any platform and device. This deal will move Office 365 and Dynamics more upwards by connecting them to world’s largest professional network.

Aligning LinkedIn growth with Microsoft’s vision

Nadella says this deal will mainly accelerate LinkedIn’s growth. Through this LinkedIn can retain its distinction of brand and independence. Jeff Weiner will remain the CEO of LinkedIn and join the senior leadership team of Microsoft.  As reported Nadella says, this deal will keep the team of LinkedIn to focus on driving results and along with this integrating plan with Office 365 and Dynamics team.

In process with this integration Microsoft will also choose other projects too so that new features for customers experience can be included.

Reason behind rejection of Google Street View in India

People can only dream to get a panoramic view of Indian streets on Google Maps after the rejection by Union Home Ministry of launching the service in India proposed by Internet giant. Google planned to put images of Indian tourist’s spots, cities, rivers and hills but it was cut by defense forces and security agencies in India, who believed that allowing people to capture images for this purpose may harm India’s security.

The huge internet services planned to wrap whole Indian Territory with the Google Street Views. Google Street View surveys the world within a 360-degree, panoramic view along with 3D imagery street level. All the images captured are posted online by Google Street View. This application is used on large scale by United States, Canada and many other European Countries and was granted initially in some parts of India.

Following are some developments I have listed which are done in India till now:

Mumbai attack by terrorist in 2008 gave a hint to have photographic investigation of targets y David Coleman Headley a Pakistani-American. Defense forces have feared that Google Street View’s feature like panoramic view, 360-degree may compromise India’s security.

They believe that terrorists may take advantage of such features and can plan terror attacks with more accuracy. Google Maps show streets images as blue lines on Google maps. Photography is mostly done by car, trekker, tricycle, boat, walking, camel, snowmobile and apparatus under the water.

Pathankot terrorist attack at the airbase this year also raised questions on security because according to investigators terrorist planned the attack with the help of Google maps due to awareness of topography on airbase.

For experiment Google launched Street View in place like, Red Fort, Taj Mahal, Mysore Palace, Qutub Minar, Nalanda University, and many more along with the partnership with Archaeological Society of India.

Delhi High Court scanned nuclear power plants, Indian defense installations and many other “sensitive locations visibility on Google Maps.

Government also showed their concerns on few social networking sites that shows Arunachal Pradesh and Jammu and Kashmir to be a part of China and Pakistan.

Because of all these reasons government proposed Geospatial Information Regulation Bill in which wrong illustration of India’s map would fine violators with Rs 100 Crore and sentenced to jail for maximum 7 years.

Earlier in 2015 Google Street View had partnered with environment monitoring company Aclima, that allows cars to have sensors to help detecting air pollutants like ozone, nitrogen dioxide and other particulate matters. In the same year in October, Google also announced support of Cardboard which enables people using Google Street view to investigate views of street with 360-degree virtual reality.

Microsoft bought LinkedIn for $26B in cash

In a match being made for the cloud, the software giant Microsoft is acquiring a professional social networking site Linked In for $26.2 billion in cash. By teaming up, the companies aim to connect the Microsoft’s more than 1.2 billion users of Office — and the other cloud-based offerings —with the LinkedIn’s 433 million-plus mobile-friendly members in ways that transform the workplace. The LinkedIn’s news feed will be smarter for our Microsoft Office calendar will know what’s coming up on our schedule, said the Microsoft CEO Satya Nadella.

The Office software suite will have Linkedin’s training courses in the programs such as an Excel, Word and the PowerPoint baked in, he said. In a more futuristic vision, the Nadella foresees Microsoft’s artificial intelligence assistant Cortana serving as our networking caddy. “Imagine you are walking into a meeting and the Cortana now wakes up and tells you about the people you are meeting for the first time and also tells you all the things you want to know before walking in and knowing someone because it has an access to the professional network,” as he said.

The Microsoft likely sees the potential of connecting an Office Graph and The intelligent workplace collaborative platform with the LinkedIn’s network, says TJ Keitt, a senior analyst with the research firm the Forrester. “This is the data play in many respects. In an enterprise market, the Microsoft wants to create a new platform for work that makes it an easier for the employees to collaborate and get things done,” he said.

While the Microsoft is paying the premium for the Linked In, a software giant should gain from an acquisition, says the Mizuho Securities analyst the Neil Doshi. “This transaction makes a sense to us. We’ve always considered the two potential Acquirers for Linked In – the Salesforce or the Microsoft,” he said in a note to investors. The deal does not only help the Microsoft in an office, but also on the social media, he says Microsoft has fallen behind in the consumer Internet sector, and this deal gives the Microsoft 433 million social Linked In members that are growing.

Doshi also said that Just as an important, 60% of the Linked In users are on the mobile, and this should accelerate the Microsoft’s consumer ‘Net mobile presence” in the market. As for the Linked In — besides the hefty payout — it stands to expand its recruiting, advertising and the sales programs through the Microsoft’s extensive business and its consumer connections. The Outlook.com of Microsoft alone has the 400 million active users and the Microsoft Office has been downloaded 340 million times on an Android and a iOS device, according to the Microsoft.


The companies said that their respective boards had also unanimously approved the deal. The Linked In CEO Jeff Weiner will keep the title and report to the Microsoft Nadella.


3 startup tips from StartEdu 2016

Product-market work and client development are a number of the primary stages of the startup journey – in instant stages, founders have to be compelled to prepare compelling pitches of their offerings. These pitches can have to be compelled to be created to prospective investors additionally on new recruits, media, analysts, business partners, and even to oneself. Personal and career myth fortify the startup pitch and founders can prepare multiple versions of their pitch for various audiences. A pitch is an associate act of persuasion; some way to prove yourself. Your pitch ought to tell the story of your startup tips.

  1. Uniqueness

Not all startup tips journeys are similar; therefore, it helps to stress what’s distinctive concerning you. That might be the technology you’ve got developed, the vocalizer team you’ve got assembled, the distinctive vision of the founders, or the spectacular traction you’ve got already got.

Can your answer ride on a mobile app? Will your team have ace techies, instructional specialists or a former dean on the informative board? Does one have already had voluminous users, however, got to notice an appropriate evaluation point? Emphasize these distinctive achievements so that they extremely stand out.

  1. Understand investor needs

Investors can fund an all-around startup team if they’re sufficiently convinced that the thought is exclusive and therefore the providing effectively solves an oversized and vital downside – saved with a profit model and proof of traction. Most investors are craving for fast scale, therefore if your house is additional linear in nature be ready for robust queries about startup tips.

Some investors can like that the founders are all operating full-time  on the matter, or that they need already graduated from faculty – decide what they require, and be ready to come back up with a fair additional compelling pitch if you don’t meet these initial criteria.

  1. Learn from good – and bad – pitches

A number of excellent pitch examples were shared at the boot camp, like those by AirBnB, MOZ, Buffer and Foursquare. (See additionally my slide cu ration from the pic essays ‘How to create a good startup tips’.)

For instance, the AirBnB deck includes a gap slide, downside statement, solution, market validation, market size, product, business model, market adoption, competitive position, competitive blessings, team composition, media coverage, and client testimonials.

For a lot of such examples and discussion, verify the StartEdu boot camp’s next editions in city, Bombay and Old Delhi. In the earlier editions, there was restricted to no feedback to over two hundred of 250 startups. The boot camp is a shot for entrepreneurship development notwithstanding they don’t create it to the ultimate range. The previous 3 StartEdu editions place along saw near 250 applications. The 2016 volume lone has nearly 250 applications. This shows the vigour of entrepreneurship within the education sector

With razor-sharp specialize in the matter and continual refinement of pitch techniques, committed founders can eventually realize the correct path to success among customers, investors and staff.


RIP Christina Grimmie ‘Voice’ singer dies

RIP Christina Grimmie ‘Voice’ singer dies after shooting at Orlando concert

Singer Christina Grimmie, who starred in NBC’s “The Voice,” died early Saturday after a gunman shot her following a performance in Florida, authorities said.

A man armed with two guns walked up to the 22-year-old singer as she was signing autographs late Friday night and opened fire, Orlando police spokeswoman Wanda Ford said.
The gunman fatally shot himself after Grimmie’s brother tackled him, according to authorities.

“Her brother is a hero for saving and stopping him from not hurting anyone else,” Ford said.
The singer had performed at The Plaza Live theater Friday night, along with the band Before You Exit, when the shooting broke out. She was rushed to a hospital in critical condition and died a few hours later.

“It is with a heavy heart that we can confirm that Christina has passed and went home to be with the Lord,” her publicist Heather Weiss said in a statement.
“She was shot at her show in Orlando and, unfortunately, didn’t survive the gunshot wounds. We ask at this time that you respect the privacy of her family and friends in their time of mourning.”

Grimmie finished third on Season 6 of “The Voice.” She was discovered on YouTube, where she has a massive following.
Before the shooting, the singer posted video on social media encouraging fans to come out to the theater.

It’s unclear how the gunman got a gun into the venue or whether attendees were checked for weapons.
“We don’t know if he was just a crazy fan that followed her on Twitter or on social media,” Ford said. “We really don’t know … it’s undetermined at this point.”

The band that was touring with Grimmie said on Twitter that its members are heartbroken.
“Christina was such a loving, caring, beautiful person with the biggest heart,” Before You Exit said a statement attached to one of its tweets. “She was an absolutely incredible musician and an even better friend.”
RIP Christina Grimmie

Tea Seller to CA to Brand ambassador of Education

Story of a Tea Seller Who Cracked CA Exam now Brand ambassador  to Inspire the world

Somnath Giram tea shop(Tea seller) in Maharashtra has achieved a breakthrough .The tea-seller named Somnath Giram has become a Chartered Accountant and proved that nothing is impossible in this world to achieve. He passed to CA and has now become the brand ambassador of state education .


Somnath ‘s father, a small farmer in Krmala . Somnath CA used to sell tea to raise money for education . Giram told : “The whole day selling tea since I used to study 6-7 hours . “With not a single penny in his hand, Somnath Giram came to Pune, set up a tea stall, and now has become a Chartered Accountant

“Nowadays, there are acche din (good days) for chaiwallas (tea sellers). Those who sold tea became Prime Minister and now Somnath became CA while serving tea,” state Education Minister Vinod Tawde said at the convocation ceremony of city-based Design and Animation College. “And to inspire students like him, I announce him as the brand ambassador for ‘earn and learn’ scheme of the state (government),” the minister added. Reacting to the development.


Giram said, “I have received the news through media and I am very happy that the state government has announced me as the brand ambassador for ‘earn and learn scheme’. “I will work towards the welfare of poor students who determined,” he added.

This Quote by Harivansh Rai ‘Bachchan’ really fits to Somnath Giram Story..

“लहरों से डर कर नौका पार नहीं होती,
कोशिश करने वालों की कभी हार नहीं होती।”

The Story Of another Tea Seller is inspiring the whole world.

Story Behind Soldier’s Village

Story about a Village where Every Family gives birth a soldier to the Nation.

Located along the banks of the river Ganga in the Ghazipur district of Uttar Pradesh is Gahmar, famously known as ‘Soldiers’ Village’. Gahmar has a unique tradition of producing hundreds of soldiers who have served the Indian Armed Forces with distinction. Every household in this village with a population of about 75,000 boasts of at least three or more soldiers! The inhabitants of Gahmar include more than 10,000 military personnel serving in all the three branches of the Armed Forces. There are about 5,000 military veterans in the village.

Interestingly, the village has not lost even a single soldier in the various battles after Independence including the Kargil War. Villagers believe Goddess Kamakhya whose temple is situated in the village protects the soldiers.