Like to share
7pay commission encyclopedia of best messages jokes shayari GK चुटकुले शायरी सामान्य ज्ञान वेतन आयोग
बुधवार, 15 दिसंबर 2021
SI राज्य बीमा का क्लेम ऑन लाइन सबमिट कैसे करें। पूरा प्रोसेस
रविवार, 5 जुलाई 2020
No idea is stupid
बुधवार, 22 अप्रैल 2020
बहु बीती, थोड़ी रही, पल पल गयी बिताई
रविवार, 12 अप्रैल 2020
7th pay latest updates as on 01.04.2020
बुधवार, 20 फ़रवरी 2019
Financial management
What are some of the mistakes of Indians that are destroying their financial lives?
*Buying insurance policies for investment purpose*: Have you invested your money in insurance plan to get a return in future? Big mistake! Out of 100 people I have spoken, 95 have made this mistake.. Very few people understand the difference between term plan, endowment plan, etc.
*Not able to crack the credit card mystery:* Are you paying the minimum amout due on your credit card payment? If yes, you are trapped in credit card mystery. On the other side, very few people really enjoy the benefits like free lounge access, buy one get one movie ticket, etc.
*No idea about the power of compounding:* Everyone has come across the formula of compounding but very few people really understand its power. This is the reason people do not start saving early and hence lose out on the power of compounding. Albert Einstein said that power of compounding is the eighth wonder of the world.
*Buying stocks based on tips without any knowledge:* You will find every Tom, Dick and Harry giving stock tips over Facebook, Whatsapp and TV. Unfortunately, a lot of people fall in a trap of these people and invest money without any knowledge. What is the end result? They lose everything!
*Becoming a victim of lifestyle inflation*: Moving from 2bhk to 3bhk just because you have got a good hike, upgrading your car because you have got some bonus are some of the examples of lifestyle inflation destroying financial lives.
*Buying things just because they are on discount*: From Amazon’s “Great Indian Sale” to Flipkart’s “The Big Billion Days”, everyone is encashing on the weakness of Indians buying things just because it is on discount. Funny thing is now you will find such sales every other month.
*Getting tempted to go for an exotic vacation* just because someone put a post on Facebook and Instagram: Instagram and Facebook are introduced as Social Media Platform but they are actually destroying the entire social fabric. Friends are jealous of each other. Most of them are just social media friends. Facebook and Instagram are more of a marketing platform where people post stuff just to get some likes and companies promote their product and services.
*Spending a bomb on weekend parties:* 5 days work and 2 days party: This is the new culture in India. Pubs are jam-packed on weekends where people would spend a bomb on drinks. By the end of the month, they are left with no money.
*No track of cash flow:* Very few people keep a track of their expenses. Most of them just don’t know where the money is gone.
*No emergency budget:* Not having any extra money in the case of an emergency results in embarrassing situations of borrowing money from friends and relative. Some people even break their investments and make a big mistake.
*No medical insurance*: I have seen people losing out the lifetime savings just because they did not take medical insurance. One accident can shatter all financial dreams. Better be insured. Healthcare cost is rising and it is impossible to manage it without insurance.
*No financial plan:* People do not know why they need to save money because they don’t know their financial goals.
*No diversification*: Some people would invest all their money in real estate, some would invest all the money in gold, some would just keep it in the locker, some would invest all the money in the stock market. Very few people understand the right way of diversifying the investments.
*Spending all the hard earned money on children marriage:* Thanks to our hypocritic society! People save their entire life just to spend all the money on random relatives who only bother about the food and arrangements. What is the topic of discussion at weddings? “Sharma ji ne to unki beti ko car gift kari. (Mr Sharma has gifted a car to his daughter)”. “Mehta ji ne unki beti ko 50 tola sona diya” (Mr Mehta has gifted 500-gram gold to his daughter.)
*Buying excessive gold only to keep it in the locker:* Gold worth lakhs is kept in lockers only to be used once or twice a year. This is resulting in the money getting blocked and hence not getting any returns on it.
*An extremely conservative approach with investment:* Traditionally, people have been risk-averse. They would just have an FD and live on 6–7% annual interest. Some would just keep the cash at home.
*Lack of clarity between asset and liability:* Having a car is not an asset because it consumes fuel and has a maintenance cost. Its price will only depreciate in the future. Car is a necessity but people spend a lot of money and even take the loan to buy a luxury car over and above their budget.
*Considering frugal as cheap:* A lot of people confuse economic spending with being cheap. An economic spender does not compromise with quality but does his research well enough to buy the product or service at the lowest rate.
*Procrastinating investment decisions:* “I will invest from tomorrow”. But the problem is that tomorrow never comes.
*Spending a lot of money on fancy stuff:* A fancy car, a fancy house, a fancy watch, a fancy vacation. People want fancy stuff and willing to pay a premium irrespective of the value it generates.
*Lack of patience:* “I can’t wait for my wealth to grow. I want to double my investments in 6 months. I need to invest in the stock market.” A lot of people lose their lifetime of savings because they don’t have the patience to understand the investment option and would blindly trust anyone with their investment.
*Depending upon others for investment decisions:* “I don’t know anything about investment. Please manage my money.” Unfortunately, a lot of people are dependent upon others with their hard earned money. This is the reason we have a lot of self-proclaimed experts giving stock market tips.
*Not discussing the money matters in the family:* Discussions related to money are considered as a taboo in Indian families. Nobody really discusses money matters.
*Getting too greedy with investment:* People blindly invest their money in penny stocks, day trading, futures and options. They eventually lose all their hard earned money. What is the root cause? GREED.
*Buying stocks at the peak and selling on fall:* Most of the retail investors get over excited with a rising market and invest when the market is at its peak. Eventually, the market corrects and they sell the stocks at a loss.
*Wasting time on unproductive things:* Rather than learning new stuff and growing the skillset, people end up wasting time on social media and YouTube.
*Lack of disciplined investment:* Instead of spending what is left after investing, people invest what is left after spending. This results in indisciplined investment.
*Root Cause: Lack of knowledge about personal financial management!!
रविवार, 14 अक्तूबर 2018
Battle of Basantar
Battle of Basantar: When a 21-Year-Old Braveheart Single-Handedly Defeated 7 Pak Tanks
The story of the greatest tank battle fought by the Indian army and the unsung hero who led India to a legendary victory.
“The tank’s a part of my destiny. But whenever I see the Famagusta, I remember Arun saheb, my commander, who fought like a tiger”, says Nathu Singh, describing the mixed feelings evoked in him by the sight of Famagusta JX 202 — the historic Centurion Mark 7 tank that decimated seven Pakistani Pattons during the greatest tank battle fought by the Indian Army – the Battle of Basantar.
During the Indo-Pak War of 1971, Nathu Singh served as the gunner of this historic tank under the command of 21-year-old Second Lieutenant Arun Khetarpal – who died in his arms.
The incredibly courageous Khetarpal, who belonged to the Poona Horse regiment, was posthumously awarded the Param Vir Chakra for his actions during the fiercely-fought Battle of Basantar.
Just how fierce can be gauged from the fact that Pakistan lost a staggering 48 Patton tanks in the epic battle that took place in its own territory, completely wiping out its 8 (Independent) Armoured Brigade. In fact, by the end of the war, India’s Black Arrow Brigade (comprising the Poona Horse and Hodson’s Horse regiments) had won 79 gallantry awards to become the most highly decorated formation of the Indian Army!
The year was 1971. War clouds were gathering on the horizon and the Indian military forces were in a state of high alert and readiness.
When the Pakistan Air Force launched pre-emptive strikes on Indian airfields on the eve of December 3, 1971, India immediately responded by formally declaring war in the wee hours of December 4. Hours later, IAF Canberra aircrafts struck Pakistani airfields as ground battles immediately commenced in nearly every sector.
Arun Khetarpal had just joined the Indian Army as a second lieutenant when he was called to the war front in 1971. Born on October 14, 1950, in Pune, he came from a family with a long tradition of service in the army. His grandfather served in the British Indian army during World War I and Arun’s father, Brigadier M.L. Khetarpal, served in Indian Army’s Engineering Corps till he retired from service.
Unsurprisingly, the deeply patriotic lad always aspired to become an army officer, right from his childhood. After his schooling from Sanawar’s prestigious Lawrence School (where he was popular for being an ace swimmer and saxophone player), Arun joined the National Defence Academy (NDA) in 1967 and was commissioned in the 17 Poona Horse on June 3, 1971.
Six months later, the war was declared and Arun’s regiment (under the command of 47 Infantry Brigade, also called the Black Arrow Brigade) was ordered to establish a bridgehead across the Basantar river in the Shakargarh sector — a 30 km dagger-shaped bulge of the Pakistan boundary towards Indian territory through which river Basantar gently meandered.
Close to the Pakistani base in Sialkot, this territory was of strategic importance for both sides as it comprised road and rail links to Jammu from Punjab which, if cut off by Pakistan, could have led to snapping of a key link to Jammu and Kashmir. Also, sensitive areas such as Amritsar, Pathankot and Gurdaspur lay within easy striking distance.
Recognising the importance of controlling this position, the 47th Brigade responded with alacrity, building the bridgehead by 2100 hours on December 15, 1971. For the uninitiated, a bridgehead is a strong position secured by an army inside enemy territory from which it can advance or attack.
Now, it was the job of the brigade’s engineers to breach the enemy minefields and create a safe lane that would allow the induction of the 17 Poona Horse tanks. The army engineers were halfway through their task when the Indian troops at the bridge-head reported alarming activity of Pakistani artillery and requested immediate tank support.
At this critical juncture, the 17 Poona Horse decided to push through the minefield despite it being only partially cleared by that time. On the fateful morning of December 16, two tank troops of Poona Horse (one of which was under the command of 2/Lt Arun Khetarpal) were ordered to move towards Jarpal in Pakistan.
En route, while crossing the Basantar River, the tank troops came under fire from Pakistani tanks as well as recoil gun nests that were still holding out. They retaliated fiercely — destroying tanks, capturing gun nests and over-running enemy defences.
During these ferocious skirmishes, one of the tank troops were hit and the commander killed on spot. This left Arun and his tank troops all alone in the combat zone with a squadron of 14 Pakistani Patton tanks approaching them.
Outnumbered but undeterred, the gutsy 21-year-old led a daring and highly skilled counter-attack. His Famagusta JX 202 (named after a township in East Cyprus where the Poona Horse was stationed in the late 1940s) single-handedly destroyed five of the enemy tanks before both the tank and Arun were hit by a shell.
As he was grievously injured and his tank was aflame, Arun was asked by his superior to withdraw but the young officer with barely six months of service refused to budge ’till his gun would fire.’
The gallant officer sent a message to his Commander — “No Sir, I will not abandon my tank. My gun is still working and I will get these guys” — before switching off his transmitter (so that he did not receive any further orders to evacuate his tank) and continuing his relentless pursuit of the enemy.
Fighting till his last breath, Arun destroyed two more Pakistani tanks and forced one to be abandoned before his tank was hit a second time and he was martyred. But by then, he had accomplished what he had set out to do — give the Indian Army a crucial edge that would lay the foundation for victory
The following days saw Indian troops making massive gains and conducting successive military thrusts deep inside enemy territory, coming threateningly close to the Pakistan Army base at Sialkot.
Extremely alarmed, the Pakistan Army called in the Pakistan Air Force to repel the Indian attack on the base. However, they soon realised that they were in no position to counter another massive assault by the Indian Army, this time backed by the Indian Air Force, and offered unconditional surrender which led to a ceasefire.
India’s resounding victory in the Battle of Basantar resulted in the capture of a significant area ( including nearly 500 villages) under the control of Pakistan in Chhamb sector, apart from cutting off the line of retreat for Pakistani troops.
But the victory came at a great cost for the Indian Army. Seven officers, four junior commissioned officers and 24 other soldiers laid down their lives while defending the nation, including 2/Lt Arun Khetarpal who was posthumously honoured with the Param Vir Chakra for displaying “inspiring qualities of leadership, tenacity and exceptional courage in the face of the enemy”.
The youngest Indian to win the country’s highest wartime gallantry award, Arun’s PVC citation said:
“His intrepid valour saved the day; the enemy was denied the breakthrough they were so desperately seeking. Not one enemy tank got through.”
Soldiers like Arun Khetarpal are not born every day. The sacrifice of this heroic warrior must forever be remembered with gratitude by the country he died protecting.
As a result of the humiliating defeat at Basantar, Pakistan removed the commanding officers of 1 Corps and 8 Division as well as the commander of the armoured brigade. In contrast, the then-commander of the 47th Brigade, Brig AS Vaidya, won his second Maha Vir Chakra in the 1971 war and rose to become the country’s Army Chief.
The 47th Infantry Brigade — whose motto “Bash on Regardless”sums up its fighting spirit —was also renamed the Basantar Brigade in honour of its thumping victory in 1971 and is today regarded as one of the most decorated Brigades of the Indian Army.
रविवार, 1 जुलाई 2018
ग्रेच्यूटी Gratuity
*ग्रेच्यूटी Gratuity*
किसी कंपनी में काम करने के दौरान कर्मचारी के वेतन का एक भाग ग्रेच्युटी (gratuity) के रूप में काटा जाता है। ग्रेच्युटी सरकारी और प्राइवेट क्षेत्र में काम करने वाले या संगठित क्षेत्र में काम करने वाले कर्मचारियों को मिलती है। श्रम मंत्रालय ने कर मुक्त ग्रेच्युटी की राशि को 10 लाख से बढाकर 20 लाख कर दिया है और इसे 1 जनवरी 2016 से सरकारी और निजी दोनों क्षेत्रों के कर्मचारियों के लिए लागू भी कर दिया गया है।
*ग्रेच्युटी किसे कहते हैं(What is Gratuity)*
ग्रेच्युटी वेतन का वह हिस्सा होता है, जो कर्मचारियों की सेवाओं के बदले एक निश्चित अवधि के बाद दिया जाता है। आय कर अधिनियम की धारा 10 (10) के मुताबिक, किसी भी निगम या कंपनी में न्यूनतम पांच वर्ष की सेवा अवधि पूरी करने वाला हर कर्मचारी ग्रेच्युटी का हकदार होता है। ग्रेच्युटी अधिनियम, 1972 के अनुसार, कर्मचारी को उसकी सेवा के प्रत्येक वर्ष में 15 दिनों का वेतन ग्रेच्युटी के तौर पर दिया जाता है। इस अधिनियम में कर्मचारी वह हैं जिन्हें कंपनी वेतन (Pay Rolls) पर रखती है, प्रशिक्षुओं (Tranees) को ग्रेच्युटी नहीं मिलती है। ग्रेच्युटी के तहत मिली 20 लाख तक की राशि पर टैक्स नही देना पड़ता है। साथ ही यह कानून ऐसे प्रतिष्ठानों में लागू होता है, जहां कर्मचारियों की संख्या कम से कम 10 हो।
*ग्रेच्युटी मिलने की क्या योग्यता है (What is the eligibility to get Gratuity)*
यदि किसी व्यक्ति ने एक कंपनी में 5 साल नौकरी पूरी कर ली है तो वह ग्रेच्युटी पाने का हकदार हो जाता है।
*ग्रेच्युटी की गणना कैसे की जाती है (How Gratuity is calculated)*
ग्रेच्युटी की गणना में मूल वेतन और महंगाई भत्ता का योग शामिल होता है।
मान लीजिये किसी की अंतिम (लास्ट सैलरी स्लिप पर लिखी हुई सैलरी) बेसिक सैलरी 15000 रु. है, DA=5000 रु. और वह किसी कंपनी में 10 साल बाद नौकरी छोड़ देता है, तो उसकी ग्रेच्युटी होगी:
(बेसिक सैलरी + DA) x 15 दिन x 10 साल /26 (यहाँ पर 1 महीने में 26 दिन माने गए हैं)
(15000 + 5000) x 15x10 /26
ग्रेच्युटी = रु. 115384
*ग्रेच्युटी पर कितना कर लगता है?*
निजी कर्मचारियों को जब ग्रेच्युटी उनके नौकरी करते समय (रिटायरमेंट के पहले तक) मिलती है, तो उनकी ग्रेच्युटी पर टैक्स लगता है क्योंकि यह उनके वेतन के अंतर्गत आता है लेकिन सरकारी कर्मचारियों को ग्रेच्युटी उनकी सेवानिवृत्ति, मृत्यु या पेंशन के तौर मिलती है और उस पर टैक्स भी नहीं लगता है। श्रम मंत्रालय के नये नियमों के अनुसार संगठित क्षेत्र के कर्मचारी 1 जनवरी 2016 से 20 लाख रुपए तक के कर मुक्त ग्रेच्युटी के लिए पात्र होंगे इससे पहले यह सीमा 10 लाख रुपये थी।
*ग्रेच्युटी कब मिलती है?*
1. सेवानिवृत्ति होने पर,
2. दुर्घटना या बीमारी की वजह से मौत या अपंगता के कारण,
3. स्वैच्छिक सेवानिवृत्ति लेने पर (Voluntary Retirement Service),
4. छंटनी होने पर,
5. इस्तीफ़ा देने पर,
6. नौकरी से निकाल दिया जाने पर,
*ग्रेच्युटी लेने के लिए कौन सा फॉर्म भरना होता है?*
कंपनी को ज्वाइन करते वक़्त कर्मचारी को फॉर्म "F" भर कर उसमे अपने घर के किसी भी सदस्य को नॉमिनी बनाना होता है। यहाँ पर यह बात बताना भी जरूरी है कि यदि कंपनी घाटे में चल रही हो तो भी उसे ग्रेच्युटी राशि का भुगतान करना होगा। अतः यदि आप अपनी कंपनी को 5 साल से पहले बदलने की सोच रहे हैं तो थोडा सोच समझ कर निर्णय लीजिये क्योंकि यदि आपने किसी कंपनी में 5 साल से पहले नौकरी छोड़ दी है तो वहां पर आप ग्रेच्युटी का दावा नही कर सकते हैं।
*ग्रेच्युटी कैसे निकालें (How to withdraw Gratuity)*
ग्रेच्युटी निकालने का आवेदन एक व्यक्ति खुद कर सकता है, या अपने किसी अधिकृत या परिचित व्यक्ति के माध्यम से ग्रेच्युटी निकालने के आवेदन को अपनी पुरानी कंपनी को भेज सकता है। आवेदन के साथ आखिरी सैलरी स्लिप, ऑफर लैटर की कॉपी, त्यागपत्र देने के तारीख और ग्रेच्युटी की राशि इत्यादि का ब्यौरा जरूर दें। आवेदन करने के बाद कंपनी को एक महीने का समय जरूर दें।
*यदि कोई कंपनी ग्रेच्युटी देने से मना करे तो क्या करें (Legal Action if Gratuity is not paid)*
अगर ग्रैच्युटी की राशि नियोक्ता या कंपनी (employer) द्वारा रिटायरमेंट या नौकरी छोड़ने के एक महीने के भीतर पूर्व कर्मचारी को नहीं दी जाती है, तो उसे उस क्षेत्र के भीतर, जहां कंपनी का ऑफिस स्थित है, के पास ग्रेच्युटी भुगतान प्राधिकरण या केंद्रीय श्रम आयुक्त के पास सभी जरूरी कागजात भेजकर शिकायत दर्ज करानी चाहिए। इसके अलावा पीड़ित व्यक्ति न्याय पाने के लिए अपने वकील के माध्यम से पूर्व ऑफिस को नोटिस भेजे और श्रम न्यायालयों (Labour Courts) में मुकदमा दर्ज कराये।
जिस दिन कर्मचारी ग्रेच्युटी निकालने के लिए आवेदन करता है उस तारिख से 30 दिन के अन्दर उसे भुगतान मिल जाना चाहिए। यदि कंपनी ऐसा नही करती है तो उसे ग्रेच्युटी राशि पर साधारण ब्याज की दर से ब्याज का भुगतान करना होगा. यदि कंपनी ऐसा नही करती है तो उसे ग्रेच्युटी भुगतान अधिनियम,1972 (Payment of Gratuity Act,1972) के उल्लंघन का दोषी माना जायेगा जिसमे उसे 6 महीने से लेकर 2 साल तक की सजा हो सकती है।