What would be the IBPS Clerk Cut off of Telangana? No. of posts: 344
Guys can any one help me how to prepare banking portion in general awareness subject..
leverage ratio is the ratio of total debt to total equity, right ?????
any one selected as po/clerk in baroda up grameen bank plz tell which documents we have to carry for verification.
How much time is required (possible & sufficient) to crack ibps po exam for working professional on daily basis except weekend days?
- 4 hours
- 5 hours
- 3 hours
- 2 hours
- 1 hour
0 voters
Aaj ek aur experience daal rhe hain apna personal waala. Abhi aaj hi ka. Abhi ek shaadi se lote hain. Pta nhi tha ki shaadi hmari school teacher ke ldke ki thi aur saara school whin tha. Dheere dheere sb smaj me aa gya. Apni aankhon ke aage wo sb log the jinke hm kbhi aankhon ke chahete the. Ek Baar to mn kr rha tha ki sbko jaakr dandwat pranam krein. Phir man me ek Darr ne rok liya.wo ek swaal jo ye kaan Sunna nhi chahte the whi swaal jisse pichle 1 saal se Bach rhe the. Pr bachne ki saari koshish ke Baad bhi pkde Gye aur phir ussi swaal ka shikaar ho gye. Ye aisa swaal tha jisse hm interviewer Ko tho smja skte the but ab hmare liye wo mahol uneasy ho gya thaa. Dum ghutne Lga tha. Hm nzre bhi nhi Mila Paa rhe the jaise khin chori krte hue pkde Gye ho. Kaaran tha unki hm se expectations aur hm mn hi mn soch rhe the ki kya ye whi ldka hai jiske intelligence ke chrche pure school me the. Nhi ye wo nhi tha. Ye ek nihayati darpok kism ka aadmi tha jo apni kismat pe ro rha tha. Kbhi kbhi aisi ghatnayen zindagi bhar ki seekh de jaati hain. Ab soch Lia hai kuch bnne ke bad sbse pehle sidha school jayenge mithai dene.
my interview exp. 3rd feb afternoon reporting PUNE (Bank of Mah staff training college)..my turn for interview at 5.00pm for 10-12 min. HR questions on edu bakgroiund -PG degree Work ex. details & y switch to govt? family n parent's profession.......
.....banking related question.
1.what is bank. y is it needed
2. current problems for banks. NPA? its effect on banks...they wanted detailed explanation.... (lending issues..profitablility getting hit)
4. Y the need to resolve npa... (bcoz of basel iii compliance by 2019)
3.what is basel norms...3 pillars ??
4. MUDRA ?? apart from full form :-D... its purpose (shishu/kishore/tarun).
HR question on frequent transfers anywhere in India etc etc....
meray ko bahut ganda grill kara bhaailog i/v mai...kah rhay tumnay ye job chord di...fir boltay hai humaray time to aisay hi mil jaati thi naa...kuch bhi bolo to do jan kahengay yachhha achha achha....environmental science ke aisay words note kar rakhay thay dekh kar bhi saalay se sahi se pda nhi gya...aur mujhsay pooch kar kah raa ...han ab kahan yaad hoga engg...tumhara interest to basnking mai hai naa...aur kah rhay 3rd year mai aaya hoga ye gyan ki engg. mai interest nhi hai...jo bhi bolo ye sab to humnay khub sun leeya...ek bhi banking se related.....yaaa fir intro karnay ko nhi bola....mujh se kah rhay achha harsh to bahut famous naam hai..kaun thay...i said sir harsh vardhan raja thay....to do jan ek saath boltay hai raja thay achhha achha...mai kaa inki mc bc...bhago dhichoo..itnaa ganda grill to kahin mba i/v mai bhi nahi kara kabhie
Any General candidate Who give interview in jaipur
Guys I need some info. When will mains marks be displayed??because I might get admission into an mba college and I have to pay atleast 4-5 lakhs as fee for the first sem before march 8th. If I get PO i wont join there. But if i ask back my money only 80% will be refunded which means I lose 1 lakh atleast. So do I need to wait till april 1st?? Please help!!
Bhai log ... Which website is good for daily gk reading
What is FCRA?
- Foreign Contribution Regulation Act (FCRA)
- It regulates the foreign contribution (money donation) and foreign hospitality (e.g. free airplane tickets and hotel lodging during videsh-yaatra) given to various NGOs, institutes, judges, journalists, public servants etc.
What is the need of FCRA Act?
- To check that foreigners are not affecting India’s electoral politics, public servants, judges, journalists, NGOs etc. for wrong purposes.
- If someone violates the FCRA act, he can be sent to jail for up to 5 years.
Who can accept Foreign Contribution?
- Organizations working for definite cultural, social, economic, educational or religious programs.
- But first, they’ve get permission from the Ministry of Home Affairs AND
- Second, they have to maintain separate account book listing the donation received from foreigners and get it audited by a Chartered Accountant and submit it to Home Ministry every year.
Who cannot accept Foreign Contribution?
- Election candidate.
- MP and MLAs.
- Newspaper-walla: Correspondent, columnist, cartoonist, editor, owner, printer or publishers of a registered Newspaper.
- Public Servents: Judge, government servant or employee of any Corporation or any other body controlled on owned by the Government.
Why is FCRN Act in news?
- Earlier Mohan said that “US based NGOs are financing the protests @KundanKullam Nuke Power Plant.”
- So Home ministry got in action, bank accounts of some NGOs were frozen after it was found that they were diverting money received from their donors abroad into funding protests at the Koodankulam plant.
- Now, Home ministry has cancelled some more registrations including top 8 national educational institutions such as –Jawaharlal Nehru University, IIT-Kanpur and Jamia Milia Islamia saying that these institutes are not maintaining proper FCRA accounts.
- so, Unless their registrations are restored, these institutions cannot receive contributions from abroad.
Controversy
- The Home Ministry had earlier made a notification that if xyz organization’s accounts are audited by CAG then it doesnot need to maintain FCRA accounts.
- Jamia Milia, JNU etc. = Central Universities = hence audited by CAG = They don’t need to maintain FCRA accounts in the first place.
on 14th feb, you will
- date
- none
- both
- keep fast
0 voters
Issuance of Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains proposed in Finance Bill, 2018
Since the introduction of the Finance Bill, 2018 on 1st February, 2018, several queries have been raised in different fora on various issues relating to the proposed new tax regime for taxation of long-term capital gains. The Central Board of Direct Taxes (CBDT) has issued responses to these queries in the form of Frequently Asked Questions (FAQs) dated 4th February, 2018 which have been uploaded on www.incometaxindia.gov.in.Under the existing regime, Long Term Capital Gains arising from transfer of long term capital assets, being equity shares of a company or a unit of equity oriented fund or a unit of business trust, is exempt from income tax under clause (38) of Section 10 of the Act. However, transactions in such long-term capital assets are liable to Securities Transaction Tax (STT). The Finance Bill, 2018 proposes to withdraw the exemption under clause (38) of Section 10 and to introduce a new Section 112A in the Income-tax Act, 1961 so as to provide that Long-Term Capital Gains arising from transfer of such Long-Term Capital Asset exceeding Rupees one lakh will be taxed at a concessional rate of 10 percent.
What is a 'Long-Term Capital Gain or Loss'
A long-term capital gain or loss is a gain or loss from a qualifying investment owned for longer than 12 months before it was sold. The amount of an asset sale that counts toward a capital gain or loss is the difference between the sale value and the purchase value, or simply, the amount of money the investor gained or lost when he sold the asset. Long-term capital gains are assigned a lower tax ratethan short-term capital gains in the United States.
BREAKING DOWN 'Long-Term Capital Gain or Loss' When taxpayers file their returns with the Internal Revenue Service (IRS), they report the net total of their long-term capital gains earned in the tax year. For example, if someone has a long-term gain of $50,000 and a long-term loss of $40,000 in a calendar year, he reports $10,000 as a capital gain. However, short-term capital gains are treated differently when calculating net capital gains.
Difference Between Long and Short-Term Capital Gains Short-term capital gains come from assets held for less than a year, while long-term gains come from assets owned for over 12 months. The IRS taxes short-term capital gains as regular income, and it taxes long-term capital gains at a special capital gains tax rate. The capital gains tax rate ranges from 0 to 20%, as of 2016, and it depends on the tax filer's income. For example, imagine an individual tax filer has taxable income worth $415,000. In addition, he has short-term capital gains worth $100,000. As the IRS treats his short-term gains as regular income, the agency applies a 39.6% tax or $39,600. He also has long-term capital gains worth $100,000. As he is in the top tax bracket, the IRS applies the top rate for long-term gains, and he pays 20% or $20,000 in tax. Although the gains are worth the same amount, he pays $19,600 less in tax on the long-term gain.
Difference Between Long and Short-Term Capital Losses Like short-term capital gains, short-term losses arise from assets that have been owned for less than a year. However, short-term losses are treated just like long-term losses, from a tax perspective, and tax filers can claim short-term capital losses against their long-term capital gains. An investor who has long-term gains and losses and short-term gains and losses, will have to net the long-term gains and losses against each other, and do the same for the short term gains and losses. Then the net long-term gain or loss is netted against the net short-term gain or loss. This final net number is then reported on Form 1040. For example, imagine a tax filer has $50,000 in short-term capital gains and $200,000 from long-term capital gains. He also has $100,000 in long-term capital losses and $50,000 in short-term capital losses. His net short-term capital gain is 0. His net long-term gain is $100,000 and this difference has to be reported as capital gains income to the IRS.
IBPS PO
Anyone has got selected under category other than your original category in Interview call letter ?
- No
- Yes, please comment
0 voters
Deciphering LTCG tax on equity
What is LTCG?
LTCG or long-term capital gains refer to the gains made on any class of asset held for a particular period of time. In case of equity shares, it refers to the gains made on stocks held for more than one year. In other words, if the shares are bought and held for more than a year before selling, then the gains, if any, on the said sale are referred to as long term capital gains or LTCG.
Why is LTCG tax in the news?
It is in the news as Finance Minister Arun Jaitley re-introduced LTCG tax on equity shares. Investors have to pay 10% LTCG tax on gains exceeding ₹one lakh on the sale of shares or equity mutual funds held for more than one year. Previously, short-term capital gains (STCG) tax of 15% was levied.The Centre said if the gains exceeded ₹one lakh in a year, then 10% LTCG tax had to be paid without the benefit of indexation (adjusting the profit against inflation to compute the real taxable gains).
Was the tax levied on stock market trades earlier?
Such a tax existed until October 2004 when it was replaced by the securities transaction tax (STT) which was levied on all trades made on the stock exchanges.STT is charged at 0.1% of the trade value in cash market trades. In the derivatives segment, 0.05% STT is charged on the options premium while it is pegged at 0.01% on futures. Incidentally, there was always a section of market participants that favoured LTCG tax over STT.The issue of tax evasion through stock exchanges by paying a small STT component instead of LTCG had been raised regularly. Further, a study in 2016 stated that between 2005-06 and 2011-12, the Centre lost about ₹3.5 lakh crore by replacing LTCG tax with STT.
How will LTCG tax be computed?
Typically, when such a levy is introduced, it is structured in a manner so that prior investments get some kind of relief. In technical parlance, it is called the grandfathering benefit.The government, while reintroducing the LTCG tax, said all gains made prior to January 31 would be grandfathered.Here is how it works: for example, assume an entity bought shares in January 2017 at ₹100, which touched a high of ₹200 on January 31, 2018. Now, if he or she sells the shares at ₹300 in, say, May 2018, then his taxable gains would be ₹100. (₹300-₹200).
Will all investors be subject to LTCG tax?
All investors who trade on stock exchanges would be required to pay LTCG tax. Incidentally, the Centre has brought in LTCG tax while retaining STT as well. So, investors will have to pay both the taxes. However, foreign portfolio investors (FPIs), who invest in India from places like Mauritius and Singapore, would not be subject to LTCG tax, courtesy tax avoidance treaties.This benefit, however, would be available only till the time the treaty benefit exists as the Centre is reworking all such so-called double tax avoidance agreements (DTAA).For instance, the Singapore and Mauritius treaties also have a grandfathering clause plus a tax of only 5% on the computed gains. This, in effect, makes it more attractive for foreign investors to trade through the Mauritius or Singapore route.
How did the stock markets react to the introduction of the tax?
On Friday, a day after the Budget, benchmark equity indices — Sensex and Nifty — lost more than 2% each. The Sensex lost more than 900 points during intraday trading as it ended with its worst single-day fall in almost 15 months.The introduction of LTCG tax can only increase the cost of trading stocks at a time when various market participants have been highlighting the ‘export of capital’ to other countries due to lower transaction costs in those nations. Incidentally, there are already reports that the government might look at the possibility of at least allowing the benefit of indexation while computing LTCG that would be a partial relief to investors.
Context: As part of Union Budget 2018-19, the government has announced Kisan Urja Suraksha evam Utthaan Mahaabhiyan or KUSUM scheme.
About KUSUM scheme:What is it? It is a ₹1.4 lakh-crore scheme for promoting decentralised solar power production of up to 28,250 MW to help farmers. It would provide extra income to farmers, by giving them an option to sell additional power to the grid through solar power projects set up on their barren lands. It would help in de-dieselising the sector as also the DISCOMS.
Components of the scheme: The components of the scheme include building 10,000 MW solar plants on barren lands and providing sops to DISCOMS to purchase the electricity produced, ‘solarising’ existing pumps of 7250 MW as well as government tube wells with a capacity of 8250 MW and distributing 17.5 lakh solar pumps. The 60% subsidy on the solar pumps provided to farmers will be shared between the Centre and the States while 30% would be provided through bank loans. The balance cost has to be borne by the farmers.
Significance of the scheme: Expected positive outcomes of the scheme include promotion of decentralised solar power production, reduction of transmission losses as well as providing support to the financial health of DISCOMs by reducing the subsidy burden to the agriculture sector. The scheme would also promote energy efficiency and water conservation and provide water security to farmers.
Bhai BIHAR GRAMIN BANK ka koi whats app group hai kya.