The unforeseeable budget ''POLITICAL'' funding ,income tax and much more :Union Budget 2017

Jaitley divided his budget proposal into 10 distinct themes: 

                 Farmers; rural population,energizing,youth,poor and underprivileged; infrastructure; financial sector; digital economy; public service; prudent fiscal management; and tax administration but he brought some thing very unpredictable change in two themes that no one expected
    

1.Relief in INCOME TAX  

2.Transparency in Political funding

Relief in INCOME TAX :-

                                                  Personal income tax: Rate reduced to 5% for income bracket of Rs 2.5 - 5 lakhs; All other categories to get uniform benefit of Rs 12,500 per person; to levy surcharge on income bracket Rs 50  lakhs - Rs 1 crore. To have simple one-page form for taxable income up to Rs 5 lakhs. Corporate tax rate: M.S.M.Es’ rate (annual turnover less than Rs 50 crore) reduced to 25%

              
                   Now the master stroke against black money

Transparency in political funding:-

                                                                   Maximum amount of cash donation that can be received is Rs2,000; political parties can receive donations by cheques or digitally; amendment proposed to RBI Act to issue electoral bonds; every party has to file returns within specified time. Limit of cash donation for charitable trusts cut to Rs2,000. Parties continue to receive anonymous donations; propose system of cleaning up.

                    

     

                       After demonetization, data received will increase tax net Black money: No cash transactions above Rs3 lakh

     CLOSING REMARKS:- 

                                                                      Like boss he said ''It is said when my goal is in sight, the winds favour me and I fly. There is no other day more appropriate than this'': FM Jaitley

The story of an ''INDIAN'' boy who invented ''Email'', but no one remembers him

Yes, you heard that right. it may be very difficult to believe that, email really was invented by an Indian. But sadly, he has been forgotten. his name is MR. Shiva Ayyadurai.

     But how many of us know that, VA Shiva Ayyadurai an Indian-American scientist invented Email when he was just 14.
  This is the story of VA Shiva Ayyadurai, a 14 year old Indian-American boy who made one of the most noteworthy inventions in the world history of technology. You heard that right too – he was just 14 when he invented the email ! Ayyadurai was born to a Tamil Family in Bombay. At the age of seven, he left with his family to live in the US. 

In 1978, aged 14, he developed a full-scale emulation of the interoffice mail system which he called "E-mail". It replicated all the functions of the interoffice mail system: Inbox, Outbox, Folders, Memo, Attachments, Address Book, etc. These features are now familiar parts of every email system.Studying at Livingston High School in New Jersey, he conceived an electronic version of the system. He created a computer programme of over 50,000 lines of code, which electronically replicated all the features of the interoffice mail system

On August 30, 1982, the US government officially recognised Ayyadurai as the inventor of email by awarding him the first US Copyright for Email for his 1978 invention. Yet his name is nowhere in modern history of computer science. Whoever claims the invention, Ayyadurai will remain the father of E-mail. Hope he gets the name in history he deserves.

(source-Beyond Concepts Advertising & Designing)