The Young Legend Blog

AVOID THESE MISTAKES WHILE PLANNING YOUR TAXES THIS YEAR:- It's that time of the year again! TIME to save as much income tax as possible before March 31 deadline. It is also the time of year when you are being bombarded by information and advice from all Quarters; family, freinds, neighboues, colleagues, and the internet. If you don't exercise caution, you might act on unsuitable advice and end up making costly mistakes. Here are five pitfalls that you need to be aware of before you set your tax saving plan in action this year. 1) SAVING TAX WHEN YOU DON'T NEED TO: While income tax slabs from Rs 2,50,000 that is the first Rs 2,50,000 is not taxable, there is a standard Rs 40,000 exemption for all. Include other components such as House Rent Allowance and Provident Fund, you will find that typically, income over Rs 4,00,000 is acutually taxable. Therefore, check if you really need to save tax. If you don't, direct your savings towards other long term goals.

The mass media include a wide variety of forms, including television, newspapers, films, magazines, radio, advertisements, video games and CDs. They are referred to as ‘mass’ media because they reach mass audiences – audiences comprised of very large numbers of people. They are also sometimes referred to as mass communications. For many in your generation it is probably difficult to imagine a world without some form of mass media and communications. The Beginnings of Modern Mass Media:- The first modern mass media institution began with the development of the printing press. Although the history of print in certain societies dates back to many centuries, the first attempts at printing books using modern technologies began in Europe. This technique was first developed by Johann Gutenberg in 1440. Initial attempts at printing were restricted to religious books.       (Visuals of a Printing Press and a TV Newsroom in 21st Century, India) With the Industrial Revolution, the prin

Thermodynamics is the branch of physics that deals with the concepts of heat and temperature and the inter-conversion of heat and other forms of energy. Thermodynamics is a macroscopic science. It deals with bulk systems and does not go into the molecular constitution of matter. In fact, its concepts and laws were formulated in the nineteenth century before the molecular picture of matter was firmly established. Thermodynamic description involves relatively few macroscopic variables of the system, which are suggested by common sense and can be usually measured directly. A microscopic description of a gas, for example, would involve specifying the co-ordinates and velocities of the huge number of molecules constituting the gas. The description in kinetic theory of gases is not so detailed but it does involve molecular distribution of velocities. Thermodynamic description of a gas, on the other hand, avoids the molecular description altogether. Instead, the state of a gas in thermodynam