Skip to main content

Posts

Showing posts from September, 2010

Improvement Project of Science Construction CS

Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...

College Pell Grants

Finding out fund for education can be a real issue, in that case pursuing further studies or higher studies may not be possible. But, you can actually continue your studies even your family cannot fund you because of their poor economic condition. There are many ways in which you can get a grant but you have to qualify for it, now the question comes, how to know that which all grants are available and how to get those? Well, that is why you need to visit http://collegepellgrant.org/. They provide you all the information you need about the school and the grants you may apply for. So now your study does not stop because of funds. Get enrolled in a school, even students getting online education can get this aid, then you need to fill up a form, the details can be found at the web site itself, mostly the applications get accepted and you get the fund. For the whole procedure you can visit the site and read all the information. There are many types of aids available for you, so better yo...

PROPOSED DIRECT TAX CODE IN INDIA

Here I publish the proposed direct tax codes (Income tax) , readers may take note of it for their future tax plan: The revised draft of DTC has proposed some major changes for the taxpayers. However, the changes in the revised draft are far from being the bold changes envisaged in the earlier draft. The objective of the new tax code seems to be now of simplifying the tax process. This article lists down the amendments proposed in the revised draft and its impact on taxpayers. Amendments 1) Under the new direct tax code, exemption for House rent allowance (HRA), Leave Travel Concession (LTC), medical allowance has been retained. However under the new tax code, LTC will be included as a part of your income. LTC was missing from the list of exemption which created perception that the incentive has been done away with. But it has been later clarified by a finance ministry official that the difference will only be on reporting mechanism. 2) The tax slabs will be changed with 10% tax...