Tax Analyst's advice to his friends during post COVID19:

- One of my caring friend Pradeep Naidu, who is a Tax analyst has written a beautiful piece of analysis at ‘Tax Guru’ website. He has intended to help us all to understand the personal finance, money, and investment aspects during COVID19 and its aftermath.

Image source: attitudereconstruction.com

Below I am presenting to you the highlight of the article, you can click to read the whole analysis too.

- In this ever-changing situation, every individual has to update & make them ‘Fit’. It could be an employment, health, finance relationships & anything for that matter.

- As witnessed by all of us, it is seen that the entire global economy has been largely affected by the pandemic and this might even turn out be the worst recession, since the Great Depression in the 1930s.

- In India, this crisis has led to a spear in the country’s unemployment rate to 27.11% as on May 3^rd.

- It is feared that COVID-19 will significantly impact the $180-billion Indian IT sector and the impact may be worse than that of the 2008 global financial crisis.

- As per The Federation of Hotel & Restaurant Associations of India, the Indian hospitality and tourism industry is staring at a potential job loss of around 38 million, which is 70% of the total workforce.

Then, in that case, inculcating financial discipline is of paramount importance and the following are few thoughts put across here, which may assist in mitigating the detrimental consequences. The in-depth explanation of each point can be found in the original article.

> LIVE WITHIN ONES’ MEANS: If you make it a habit to live within your means each and every day during the good times, you are less likely to go into debt. This will save us in bad times.

> INCREASING SAVING POTENTIAL:

> HAVE ADDITIONAL INCOME:

> HAVE INVESTMENTS FOR LONG TERM:

> HAVE DIVERSIFIED INVESTMENTS:

> BETTER TAX PLANNING:

> DO NOT MAKE ANY BIG INVESTMENTS:

> DO NOT JUMP JOBS IN A HURRY:

Click to read the original article from the source:

Impossible is often just a breakthrough waiting for someone stubborn enough to find it:

- The story of Katalin Karikó is one of the most remarkable examples of scientific persistence in modern history. For decades, her career was defined by rejection, academic demotion, and the constant threat of deportation. While the scientific establishment dismissed messenger RNA (mRNA) as a fragile and "dead-end" molecule, Karikó remained convinced that it held the key to a medical revolution. Her journey from smuggling savings inside a teddy bear in communist Hungary to standing on the Nobel Prize podium is not just a biography of a scientist, but a testament to the power of unwavering conviction in the face of institutional doubt. --------- Story: Katalin Karikó fled her country with $1,200 hidden in a teddy bear. She was thirty years old, had a PhD in biochemistry, and believed in an idea almost no one else did. Messenger RNA could teach human cells how to fight disease. She had no idea it would take forty years for the world to listen. In 1985, Karikó, her husband, and...

Shine in your SSLC* Karnataka State Board Exams:

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Ready for life:

The education is not only about getting ready for job. It is about getting ready for life. Below are some advertisement clips from a FMCG brand which focuses on socio-emotional skills among children. Click the below links to view the videos. Team spirit : Click to view https://youtu.be/1Tsc_AT_24M New friend in a class : Click to view https://youtu.be/FbXHbvnNZ7s A Helping kid : Click to view https://youtu.be/Wj22YTcJC4U

Dealing With Short Tempered People!:

- Ibn al-Jawzī said: “When your companion becomes angry and says something that is unwarranted, you should not take it too hard. His situation is that of a drunken person who is not aware of what is taking place. Instead, be patient, even if it means only for a little while. If you reciprocate his words with harsh words of your own, you become like the sane person who seeks revenge on a madman, or the conscious person who seeks retribution from an unconscious one. Look at him with a merciful eye and pity him for his actions.” ‎● [سيد الخاطر صحفة ٤٠٦] Source: received through whatsapp message

Click to read the collection of 200+ articles and videos on life skills:

💭 Level Up Your Life: Unveiling Your Life Skills Toolkit We'll be diving deep into a variety of areas, all designed to equip you for whatever life throws your way. Here's a sneak peek at some of the exciting topics we'll be exploring: So, get to learn and get ready to embark on a journey of self-discovery, self-improvement and empowerment. Together, let's build that life skills toolkit and conquer whatever life throws our way! Click your area of interest below to read many many articles under each topic: 1. Life Skills- - - 2. Corporate Stories 3. Work Life Balance 4. Understanding Teenagers 5. Understanding Life 6. Happy Feeling 7. Leadership Skills 8. Initiatives 9. Health and wellness 10. Motivating Potentials 11. My friends are gold 12. Relationship Management 13. Understanding Self 14. Fun and Fun 15 . Hit hard 16. Activities Or Also you can select based on year of publication: Click for articles of 2020 ---...

Dr Roy: Mental health is equally important. We are so driven in our lives and jobs and in general. Our lifestyle is very stressful. Many people are working long hours around the clock without realising that they have not given time to their own physical and mental health. It is the pressure to prove oneself in the professional life that is also leading to this high-voltage lifestyle where little time is given to personal health. IT: Is genetic predisposition or family history also a factor? Dr Roy: Asians are more predisposed to having cardiac disorders due to our genes. And, there is nothing we can do about it. One of the reasons is the genetic formation. Hence, young people in our country are facing heart attacks more than our western counterparts. IT: What can people do to prevent these disorders? Dr Roy: Get regular health check-ups. Avoid smoking to release stress. Avoid drugs abuse. Take care of mental health through meditation and yoga. One needs to 'slow down' to check...

Successful people don’t search for ‘Job’ but they work:

- Power of saying *YES* Cape Town's uneducated surgeon Mr. Hamilton, was awarded an honorary degree of Master of Medicine; but, he could neither read nor write - he was illiterate. Let's examine how this was possible. Cape Town Medical University is a leading university in the medical world. The world's first heart-bypass operation took place at this university. The honorary degree of Master of Medicine, was awarded to someone who had never seen the inside of a school, in his life. He could neither read an English word nor write ..... But one morning in 2003, world-renowned surgeon Professor David Dent announced in the university auditorium: "Today we are awarding an honorary degree in medicine to the man who produced the most surgeons in the world". He is an extraordinary teacher, an amazing surgeon and studied medical science and surprised the human mind. With this announcement, the professor said the name: "Hamilton" and the entire auditorium stood-up...

Coping with Emotion.

Emotions: Have you ever observed some of the situations occur in our lives? Say, you are walking on a road; suddenly a biker comes and lightly hits you, so that your dress gets dusty. How do you react? Shout at him or physically hit him or you keep passive and just walk on the road. Suppose if you beat the biker, you did not have the intention or even think of beating the person, but why did you beat? It is all sudden, because there is always an internal action and reaction process which takes place between our hearts, mind and physical body, which we do not see. Thus in the same kind, emotions also do work within our body and mind. Emotions take many faces as per the situation like, Anger predisposes us to defense or fighting and Fear predisposes us to flight (run away) or fight. What is Emotion? Emotions are a complex state of feeling that results in physical and psyc...

If you stop working, learning, moving… it’s like telling your body and mind they’re obsolete:

- *Howard Tucker*—neurologist, lawyer, and still active at 102—once said: “Retirement is the real enemy of longevity. If you stop working, learning, moving… it’s like telling your body and mind they’re obsolete. I walk five kilometers a day, snowshoe in winter, keep learning, and got my law degree at 67. My advice: don’t retire from life. Retire from inaction.” At his age, many people are just waiting for life to pass by. But he keeps studying, walking, working. Not out of duty, but out of conviction. Because nothing is more dangerous than standing still. Even the heart rusts if you don’t use it. Tucker is not an exception—he’s a reminder: That there’s still time. That purpose knows no age. That every day we choose to move, think, and create… we’re contributing. In April 2023, he contributed a piece to CNBC on five important pieces of life advice: staying active and not spending his days retired, staying in shape, not smoking, not restricting himself to a n...

Tokyo Olympics, two sportsmen makes us realise true meaning of joy:

The scene is the final of men's high jump at the Tokyo Olympics. Italy's Gianmarco Tamberi was facing Qatar's Mutaz Essa Barshim in the final. Both of them jumped 2.37 meters and were on par ! Olympic officials gave three more attempts to each of them, but they were unable to reach more than 2.37 meters. One more attempt was given to two both of them, but Tampberi withdrew from the last attempt due to a serious leg injury. The moment when there was no other opponent in front of Barshim, the moment when he could have easily approached the gold alone ! But Barshim asked the official "if the gold can be shared between the two of us if I withdraw from the final attempt ?" The official checks and confirms and says "yes then the gold will be shared between the two of you". Barshim then had nothing to think about, announces withdrawal from the last attempt. Seeing this, the Italian opponent Tamberi ran and hugged Barshim and screamed ! What we sa...

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