Job Stress and Asthma

Job Stress and Asthma
Job stress comes in different forms and affects your mind and body in different ways. Small things can make you feel stressed, such as a copy machine that never seems to work when you need it or phones that won’t quit ringing. Major stress comes from having too much or not enough work or doing work that doesn’t satisfy you. Conflicts with your boss, coworkers, or customers are other major causes of stress. It’s normal to have some stress. Stress releases hormones that speed up your heart, make you breathe faster, and give you a burst of energy. Stress can be useful when you need to focus on or finish a big project. But too much stress or being under stress for too long isn’t good for you. Constant stress can make you more likely to get sick more often.
Signs of job stress
§  Asthmatic attacks
§  Headaches
§  Trouble sleeping
§  Problems concentrating
§  Short temper
§  Upset stomach
§  Job dissatisfaction and low morale
It is only recently that doctors have turned their attention to stress. They now recognize that it affects our health in all sorts of ways. Some people react to stress by having a headache, others find that their digestion is upset and they may develop irritable bowel syndrome. Research has shown that stress, both major stresses such as bereavement of a marriage and minor stresses have a marked biochemical and hormonal effect on the body.
Stress may greatly reduce our ability to cope with life’s demand. Conversely, the hormones released when you are under stress give you the push and incentive to meet deadlines and are the fuel of ambition.
Sometimes this stress buzz is what is attractive about a job, most newspaper journalist and financial traders feel at their most productive when they are under intense pressure.
Stress and asthma

Job stress can also bring on an asthma attack and make many allergies, particularly eczema, worse. It cannot cause them, but it can trigger them. Many parents with an asthmatic child have to resign themselves to birthday parties bringing on an attack because of the combination of excitement and exercise. Physical factors, such as dust and the house dust mite, can trigger an attack.
Asthma and allergies are certainly not all in the mind, but the mind has a powerful impact on them. This may explain why a number of complementary therapies, which aim to restore a healthy balance of mind and body, have had success in treating asthma. The overexcitement at a children’s party is an all too familiar cause of the onset of an asthma attack.
Tips on taking care of yourself
§  Leave your job at the office, even if your office is a room in your home. Leave your cell phone at work if you can, or decide not to answer it during times you’ve set aside for you and your family. Don’t check work e-mail at home.
§  Be positive. Remember that everyone has good days and bad days at work.
§  When you finish a difficult task, celebrate. Enjoy a snack at your desk, or—if your job permits—take a short walk or visit with a coworker.
§  If you spend every second of your day getting things done, you may resent never having time for yourself. If your employer offers a flexible work schedule, use it in a way that fits your work style. Go into work earlier and take a longer break at lunch to make time for a yoga class or a walk.

§  Regular exercise under the doctor’s supervision can greatly benefit asthma patients. Swimming is generally an excellent form of exercise for asthmatics. Other kinds of exercises can be beneficial as well. Be sure to consult the doctor before starting an exercise program.

Be the first to comment - What do you think?  Posted by admin - June 9, 2013 at 3:35 pm

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Beat body odor with food

Beat body odor with food
Conventional wisdom suggests that perspiration is the cause of body odor. However, perspiration by itself is basically odorless, but it is the bacteria and odors coming from other sources that are the real culprits.
What to eat? What to avoid?
There is a direct relation between what a person eats and his body odor. Avoid refined sugar, white flour, hydrogenated oils and other processed foods. Avoid red meat because it releases many toxins into the blood stream. Avoid foods that lack fiber. Avoid alcohol, caffeine, cumin and garlic. Eat a healthy diet which contains whole grains, lots of leafy vegetables, sprouts, fresh fruits, soy products, and raw nuts and so on. Other animal products that produce bad odors are dairy products like milk and cheese.
Quit or cut down on smoking cigarettes.
Tobacco creates a stench that comes through your pores, including your underarms. Sugar feeds fungus and bacteria on your skin.
Supplements to take
One or two chlorophyll tablets or chlorophyll liquid taken with each meal may also help, as chlorophyll is a great deodorizer.
Take magnesium supplements or augment your diet with food sources high in this important mineral. Nutritionists recommend between 200-500 mg of magnesium daily. You will have to try different doses until you get the amounts that are right for your body.
A high-potency B vitamin (50 mg or higher), when combined with magnesium, will help reduce certain secretions that can be a cause of odor. Make sure you are getting 100 mg of PABA and 100 mg of B6.
If you have body odor, try taking zinc tablets. Zinc, plus magnesium, will help balance your body’s metabolism and reduce the cause of bad odor. Studies have shown that taking 30 to 50 mg daily will dramatically reduce certain body odors, although you may need less. Zinc may also reduce perspiration and sweaty feet. However, it is wise to go above 15 mg only with a doctor’s supervision as zinc may interfere with the absorption of copper, another essential trace mineral.
Remedies from foodstuffs
Wipe your armpits with alcohol, white vinegar or witch hazel instead of deodorant.
Apple cider vinegar
Apple cider vinegar eliminates underarm body odor when used in place of deodorant because it reduces the pH of the skin. Bacteria can’t live in areas with low pH.
White vinegar
This is also helpful. Place some on a cotton ball and apply to the underarms instead of deodorant. The vinegar smell is gone in minutes and you should be smell-free all day.
Baking soda
Baking soda, the odor-eating standby, can be used instead of deodorant. Just apply the powder to your dry armpits. It will kill bacteria and help absorb perspiration. Cornstarch can also be used instead or mixed with the baking soda.
Chewing parsley, alfalfa and other leafy greens will help neutralize body odor, probably because of the deodorizing effect of the chlorophyll.
Juice about two dozen radishes, add 1/4 teaspoon of glycerin, and put in a squirt or spray-top bottle. Use as an underarm deodorant or to reduce foot odor.
It is an antibacterial herb. Put 8 to 10 drops of the essential oil in 1 ounce of water and apply it where needed.
Herbalists suggest drinking a cup of sage tea daily to reduce sweat gland activity. This is especially true for those who perspire excessively due to tension. Use one-and-a-half teaspoonfuls of dried sage or two tea bags in one cup of water; soak for ten minutes; drink in small doses throughout the day. Fresh sage leaves blended with tomato juice has been found to be very effective against bad odor.
Tea tree
It is an antibacterial herb. Make a deodorant by putting 2 drops of the essential oil into 1 ounce of water and apply where needed.
Turnip juice
Turnip juice will reduce underarm odor for up to 10 hours. Grate turnip; squeeze the juice through cheesecloth, so that you have two teaspoonfuls. Wash your armpits first, and vigorously rub one teaspoonful on each one.
Wheat grass
Take 500 mg of wheat grass daily on an empty stomach and wash down with a glass of water. The chlorophyll will dramatically reduce body odor.


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Inflation Index Bonds: Five things you must know

Inflation Index Bonds: Five things you must know
Inflation indexed bond is not a plain vanilla financial instrument. The real working of these bonds will be out only post 4 June 2013.  Investors need to understand these bonds thoroughly before taking a call of investments

No financial instrument has made the news in India in recent times like Inflation Indexed Bonds (IIBs). There is a lot of curiosity and excitement about these bonds. For some it looks like a panacea for all woes related to inflation, while for others it is still a Pandora’s Box. While the complete picture of these bonds will be out after the first issuance of these bonds, here are five important things that retail investors must know about these bonds before investing in these bonds:

A retail investor cannot quote the price/yield of his choice during issuance: Inflation index bonds will be issued through a process of auction. Retail investors will be able to buy Inflation Indexed Bond (IIB) through a process of non-competitive bidding. Non-competitive bidding means that a person would be able to participate in the auctions of dated government securities without having to quote the yield or price in the bid. As per the RBI (Reserve Bank of India) website in a non-competitive bidding, “Eligible investors cannot participate directly. They have to necessarily come through a bank or a primary dealer (PD) for auction. Each bank or PD will, on the basis of firm orders, submit a single bid for the aggregate amount of non-competitive bids on the day of the auction.”So retail investors become price takers in inflation index bond issuance process.
Face value of inflation indexed bond will be adjusted to inflation: In the inflation index bond face value of the issued security will be adjusted to the cash flow. The coupon will be paid on the adjusted face value; however the coupon decided at the time of issuance remains same till maturity. Effectively the coupon payment received by the investor changes but the coupon fixed at the time of issuance is not altered. Let us look at the example below of an inflation indexed bond at the time of issue:
·         • Face Value: 100
·         • Maturity: 10 years
·         • Coupon: 6% per annum, payable semi-annually
Now assume the inflation changes by the inflation number given below in the period one. As a result of the change in inflation a new face value is arrived at which is 103 and coupon payment of 3% is made on the inflation adjusted face value which translates into 3.09%. In the 5th year, inspite of negative inflation of 8%, the face value does not fall below 100. As per the RBI circular the face value of inflation index bond will never go below par value.
Inflation, Semiannual
Note: This is only an example for understanding the working of IIB and not actual

Real yield of inflation index bond may become negative:  Real yield here means that the inflation exceeds the yield offered by inflation index bonds. This has happened in both UK and US markets.  In order to buy inflation indexed bonds, the investors quote a very high price which results into a very low yield for these bonds. If the inflation exceeds quoted yield, real return becomes negative. In March 2013, the UK Treasury 2.5% 2024 index-linked bond had a current real yield to maturity (the return you get, after inflation, if you buy now and hold until the bond is paid back in 2024) of minus 1.06%. The US Treasury 0.625% 2021 bond had a real yield of minus 1%. The primary market issuance of these bonds in the US were also done at negative yield.

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Filing tax return is important, but it is not the final step

Filing tax return is important, but it is not the final step

Most of us would be completing the filing of Income Tax Return (‘ITR’) for FY 2012-13 by 31 July 2013. I am sure many questions often come to your mind on the upcoming challenges. Is everything done and dusted for FY 2012-13 or will you get a notice from tax office? If yes, does one need to do anything now to be ready for it? If you have claimed a tax refund, when and how will you get it? And so on.

While completing the task of filing of ITR is an important milestone, however, the same is surely not the final one. The Tax Office would like to verify your ITR and ensure if all transactions, tax payable thereon have been reported therein and such taxes have been duly paid. Accordingly, it is important to understand the process deployed by the Tax Department, likely outcomes and challenges, if any, which could arise there from and be prepared for it.

Challenges in credit of tax deducted at source
Most of the ITRs are processed and verified through a computerised process wherein arithmetically accuracy of numbers is checked and intimation is sent to tax payer thereafter. If you have filed your ITR electronically, you would get intimation from Central Processing Centre (CPC) of the Tax Department. In case you have not filed your ITR electronically, you would get intimation from your jurisdictional Tax Officer. In case you owe a tax refund from the Tax Department, it is recommended to file your ITR electronically, as usually, the CPC process ITRs much faster than the local Tax Office.

If everything ties up (that is, calculation of taxable income and tax liability thereon is correct, credit of Tax Deducted at Source (TDS) claimed in the ITR matches with Annual Tax Credit Statement in Form 26AS), intimation would reflect acceptance of ITR filed by you.

In case you have claimed a tax refund in the ITR, the same would be credited to your bank account directly, and in case you have opted for it in the ITR or otherwise refund cheque would be send to your correspondence address in due course.

However, in case the numbers do not tie up (for example, TDS claimed in ITR is not matching with Form 26AS), then, the intimation would show tax demand payable by you (or reduction in tax refund claimed).

In such a case, you will have to identify the reason for the same
and then take necessary action (which could be filing an application for rectification of the intimation or payment of tax demand).

For instance, one of reasons for mismatch of TDS claimed in ITR vis-à-vis as appearing in Form 26AS could be non-quoting of your PAN by the Tax Deductor in the eTDS statements filed by him. In such a case, you will have to get in touch with Tax Deductor and request him to rectify the said error by filing a correction eTDS statement for relevant quarters.

Challenges in detailed scrutiny by the Tax Office
Few ITRs are also picked up for detailed scrutiny randomly by the Tax Office using Computer Assisted Scrutiny System (CASS). Once your case is picked up for a detailed scrutiny, the Tax Officer would verify the ITR filed by you in detail, call for underlying details/ documents for verification, ask relevant questions to examine the ITR and then pass an assessment order reporting his findings therein.

Accordingly, it is recommended that one should prepare a file containing all the relevant supporting details/ documents of the ITR, at the time of its filing itself and keep it ready for verification by the Tax Officer, if the ITR is picked up for detailed scrutiny by the Tax Officer. Specifically, for reimbursement claims like medical, LTA, business expenses and for investments, Tax Officer would insist on verifying supporting documents.

High Value transactions executed during the year?
Certain high value transactions (for instance, purchase or sale of immovable property value for Rs 30 lakh or more, payments through credit card of Rs 2 lakh or more during the year) executed by you are reported by various authorised intermediaries (that is, property registrar or issuer) to the Tax Department through Annual Information Report (AIR) and these are co-related to the details filled in your individual tax return.

If you have entered into any high value transactions during FY 2012-13, it is likely that you might receive notice from the Tax Department’s special cell monitoring AIRs requesting for various details about the transaction(s). The purpose of issuing such notice is just to ensure that the tax payable, if any, is duly discharged by the respective tax payer. Accordingly, in case you happen to receive such a notice, you just need to submit the requisite details asked for. There is nothing to worry about, if you have reported all the income earned during the said year.

Concluding Remarks:
Once you have filed your ITR with due care (for example, ensuring TDS is matching with Form 26AS, all income is offered to tax, when ITR has been filed electronically, Form ITR-V is sent to CPC within prescribed time limit, and so on) and all supporting documents are ready with you, it should be a safe and smooth journey thereafter, even if you receive tax notice enquiring about your tax affairs.

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E-Filing of IT Return mandatory for Individuals having Total Income of more than Rs.5 Lakhs

E-Filing of IT Return mandatory for Individuals having Total Income of more than Rs.5 Lakhs

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.213 (CBDT notification is provide at the end of this mail for your easy reference) E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income during the financial year ended March 31, 2013. Earlier the same was mandatory for the Individuals having salaried Income more than 10 Lakhs.

CBDT’s earlier notification that salaried Individual having Income less than 5 Lakhs need not to file Income tax returns continues to be in force. Therefore salaried Individual earning less than Rs 5 lakh and whose saving bank interest income is less than Rs 10,000 in a year will need not to file Income Tax returns. However, if an employee has switched jobs during the financial year, then this leeway of tax filing exemption is not available. Since there is a condition to get the exemption that the employer has discharged the entire tax liability through deduction of tax at source and deposited it with the government & there is very chance that either of the employers will not discharge entire tax liability due to lower tax calculations at their end.

After the above said new notification comes into force income tax return filing is mandatory for three types of individuals having salaried income:
i) Individuals having salaried income over 5 lacs
ii) Individuals having salaried income over 5 lacs & switch over their job during the financial year.
iii) Individuals having salaried income less than 5 lacs & switch over their job during the financial year.
iv) Employees having income less than over 5 lacs but having other incomes and/or having interest income over 10000.
For the first two categories of employees e-return filing is mandatory. For the other category of individuals e filing is mandatory if their total income exceeds Rs. 5 lacs. Simultaneously e-filing of I-T returns also helps speed up the process of granting refunds to taxpayers – the processing is carried out at the CPC-Bangalore.
After making the income tax return mandatory for the individuals having total income over 10 lacs, IT department needs to extend the time limit for return filing of individuals from 31st July to 31st August (for 1 Month) due to non availability of access of website of the tax department which enables e-filing of returns. As per IT department there is about 18 lacs of individuals who file return between 5 lakhs to 10 lakhs which gather more traffic in the e-return filing website in this AY. It’s a good step by the IT department to gear up the Income tax return processing but a question that how the department’s website handles such huge traffic especially during the peak return filing season.
Through the same notification, the CBDT has also introduced e-filing of tax audit reports, transfer pricing (TP) reports and Minimum Alternate Tax (MAT) certificates. Earlier, while e-filing of I-T returns was mandatory for India Inc, these reports had to be physically filed at the local tax offices
Best Regards
Prakash Nair
NOTIFICATION NO. 34/2013 [F.NO.142/5/2013-TPL]/SO 1111(E), DATED 1-5-2013
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—
1. (1) These rules may be called the Income-tax (3rd Amendment) Rules, 2013.
(2) They shall be deemed to have come into force with effect from the 1st day of April, 2013.
2. In the Income-tax Rules, 1962 (hereinafter referred to as the said rules), in rule 12,—
(a) in sub-rule (1),-
(A) for the figures “2012″, the figures “2013″ shall be substituted;
(B) in item (a),—
(i) in sub-item (iii), after the words “income from race horses”, the words “and does not have any loss under the head” shall be inserted;
(ii) for the proviso, the following proviso shall be substituted, namely:—
“Provided that the provisions of this clause shall not apply to a person who,-
(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,—
(i) assets (including financial interest in any entity) located outside India; or
(ii) signing authority in any account located outside India;
(II) has claimed any relief of tax under sections 90 or 90A or deduction of tax under section 91; or
(III) has income not chargeable to tax, exceeding five thousand rupees.”;
(C) in clause (ca), for the proviso, the following proviso shall be substituted, namely:—
“Provided that the provisions of this clause shall not apply to a person who,-
(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,—
(i) assets (including financial interest in any entity) located outside India; or
(ii) signing authority in any account located outside India;
(II) has claimed any relief of tax under sections 90 or 90A or deduction of tax under section 91; or
(III) has income not chargeable to tax, exceeding five thousand rupees.”;
(b) in sub-rule(2), the following proviso shall be inserted, namely:-
“Provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically.”;
(c) in sub-rule (3), in the proviso,-
(A) in clause (a),—
(i) for the words “an individual or a hindu undivided family”, the words “a person, other than a company and a person required to furnish the return in Form ITR-7″ shall be substituted;
(ii) for the words “ten lakh rupees” the words “five lakh rupees” shall be substituted;
(iii) for the figures “2012-13″, the figures “2013-14″ shall be substituted;
(B) after clause (aaa), the following clause shall be inserted, namely:-
“(aab) a person claiming any relief of tax under section 90 or 90A or deduction of tax under section 91 of the Act, shall furnish the return for assessment year 2013-14 and subsequent assessment years in the manner specified in clause (ii) or clause (iii);”
(C) in clause (b), after the words, brackets and figure “in clause (i)”, the words, brackets and figures “or clause (ii) or clause (iii)” shall be inserted.
(d) in sub-rule 4, after the words, brackets and figures “of sub-rule (3)”, the words and figures “and the report of audit in the manner specified in proviso to sub-rule (2)” shall be inserted.
(e) in sub-rule (5), for the figures “2011″, the figures “2012″ shall be substituted.
3. In the said rules, in Appendix-II, for “Forms SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 and ITR-V, the “Forms SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 and ITR-V” shall be substituted.

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How to invest the retirement corpus for a steady income?

How to invest the retirement corpus for a steady income?

Venkatesh is a 55-year-old marketing professional who has decided to retire early. He has been computing his finances and knows that he has built a substantial corpus that will easily take care of the various financial obligations during his retired life.

Venkatesh likes to keep his finances simple and does not want to spend too much time on tracking his portfolio. How can Venkatesh arrange his affairs so that he and his wife have a comfortable retired life?

Venkatesh has to make provisions for his regular expenses after he retires, ensure that funds are available for immediate requirements and nurture the corpus through the retirement period. Given his preference for convenience and simplicity, he should primarily focus on two aspects-selection of products that are simple and meet his income requirements as well as setting a system that eases the operation of these investments.

The regular expenses can best be catered to by an annuity that will make regular payments during Venkatesh and his wife’s lifetimes. As these are low-return investment products, annuities will require a larger allocation from the corpus to generate the required income.
The advantage is that Venkatesh is assured of a regular income to take care of his daily expenses. While selecting an annuity, Venkatesh should consider the antecedents of the provider, the rates and the additional features, such as inflation adjusted payuts. He can pick short-term debt funds from a couple of stable fund houses to park the emergency funds.

Some portion of the corpus will also have to be invested in growth assets, such as equity. A simple product that he can consider to provide appreciation is an exchange-traded fund that invests in an equity index.

Venkatesh should try and put most of his financial transactions on auto mode. Choosing automatic account transfers, having his wife as a joint holder for investments and accounts, giving clear instructions to the investment providers and taking care of the tax implications of the investment choices he has made will all reduce the follow-up and involvement required.

However, he will need to check his portfolio at least once a year to ensure that he is on the right track financially as well as take corrective action where required. If he chooses wisely the right products and has a systematic plan in place, he should be able to spend his retirement life as comfortably as he desires.

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Avoid Pyramid Marketing Schemes

Avoid Pyramid Marketing Schemes

Making big bucks is a dream of everyone. Many of us may have contemplated participating in pyramid marketing or a Multi- Layer Marketing (MLM) scheme. Despite numerous instances of frauds, people often fall for exaggerated claims of companies or the middlemen who drag several into such schemes. And unfortunately since regulations aren’t in place, company and their middlemen make hay. But now the Finance Ministry seems to have finally recognised the threat stemming from proliferation of such schemes and to crack the whip, is considering a ban.

The Department of Financial Services is pondering on the idea of banning pyramid marketing schemes by making amendments to “Prize, Chits and Money Circulation schemes (Banning) Act, 1978”. But it is yet unclear whether MLM would also bear the brunt of the proposed banned. Technically, pyramid marketing schemes compensate participants for getting other people registered with company. Compensation is being paid for adding to the list of members registered with the company and there is no real exchange of goods or services at any level. On the other hand, MLM is a structure where the person(s) influencing others into the schemes is not only compensated for sale of some real products, but is also incentivised for sales undertaken by people recruited by him. The picture looks slightly obscure as far as banning MLM is concerned for the want of some changes in definitions which might be unwarranted while making amendments to the Act.

The primary intent of imposing a ban on ponzi and money circulation schemes was the method and purpose of compensation. While MLM also comes in the ambit of the aforesaid ban remains to be seen; on-going developments at least hint at tighter regulations for MLMs. We believes that any scheme that promises you incredible success and portrays it to be the fortune changer, should be completely avoided. To earn attractive returns on investments one might consider time tested and well-regulated investment avenues. Personalised asset allocation and investment plan may help you achieve your long-term goals. While you may look like a turtle in the race of wealth creation, remember slow and steady wins the race.

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IT Department introduced new facility for Filing Tax Return without filling any manual forms

IT Department introduced new facility for Filing Tax Return without filling any manual forms
Now you can directly file your tax returns online without any ones help.   Pre-filled tax returns forms (most of the static data fields like PAN, address, TDS details etc are already filled) available on income tax website.  The procedures to be followed are given under. Make use this facility for easy filing of your tax returns before the due date 31st July 2013.
1. Log on to
2. Click on login option
3. Once you click the login option, you will be asked to provide User ID, password and Date of Birth for login into your account.

4. Once you login into your acount, you will find an option called “e-File” on the menu.

5. Under the “e-file” menu, select the option called “Prepare and Submit online ITR”

6. Once you select the above option, the following detailes will be displayed on the screen;
i. PAN No.
ii. ITR form Name: Here you need to select the ITR form applicable to you, as of now two ITR forms are available for efiling (ITR 1 and ITR 4S).
iii. Assessment year: Here you need to select the Assessment year for which you are filingthe return.
iv. Address: Here you need to select one of the option out of 3 options( 1. Address from PAN Database, 2. Address from previous year return and 3. New address).
v. Digital Signature: Select “YES” if you want to file your return with digital signature otherwise “NO”
vi. After filling the above details, then click on SUBMIT button.
vii. After clicking the SUBMIT button, the system will take you to ITR form.

7. Once the ITR form got opened then you need to enter your details in the ITR form.

8. Once all the details in the ITR form are filled then you need to click on “SUBMIT” option for filingthe return.

1. While filling the details in the ITR, please DON’T click on BACK button or BACKSPACE . If you click on BACK Space or BACK button, then you will be logged out.
2. After entering the data in each screen of ITR form, please click on “Save’ button to save the data.


NRI Guide 2013 a 580 pages comprehensive e-guide for NRIs is now ready to download please click the following links to download the guide absolutely free of charges

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Cost Inflation Index for Financial Year 2013-2014

Cost Inflation Index for Financial Year 2013-2014
Income tax department has notified Cost inflation index(CII) for the financial year 2013-14. Income tax department has issued  notification No. 40 dated 6 June 2013 related to  the cost inflation index for the financial year2013-14 and CII is 939. Full notification as well as cost inflation index of 33 years starting from financial year 1981-82 is as follows.
New Delhi, the 6th day of June, 2013 S.O. 1464(E) – In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes published in the Gazette of India, Extraordinary, vide number S.O. 709(E), dated the 20th August, 1998, namely:-

2. In the said notification, in the Table, after serial number 32 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
Sl. No.                             Financial Year                                 Cost Inflation Index
(1)                                            (2)                                                     (3)
“33                                     2013-14                                                 939”

[Notification No.40/2013/F.No.142/7/2013-TPL]
Financial Year
Cost  Index Inflation Index

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I want to buy a cellphone with a good music player, an e-book/PDF reader and supports all major apps (such as WhatsApp) within a price range of around R8000- 12000.

I want to buy a cellphone with a good music player, an e-book/PDF reader and supports all major apps (such as WhatsApp) within a price range of around R8000- 12000. I’m not particular about it running on Android or Windows OS, but was thinking of the Nokia Lumia 520. Your suggestion?


—The Nokia Lumia 520 is a Windows phone that is very attractive in terms of price and will perform every function you asked. There are many Android phones in this segment as well. For frequent reading on your phone (and within your budget), India-made or designed Phablet phones fit as well.

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