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Month: August 2015

The Top 6 Benefits of Becoming an Engineer

Engineering, the application to solve physical problems offers a wonderful career. Through the 4 year engineering course, you can not only learn about different tools, devices but can also acquire physical skills by working himself on the machines and benefits. Students opt for engineering because of several reasons. Whether it is the through parents will or it is through own choice, students would surely get benefits from the engineering. But one thing is compulsory student needs to do engineering degree in particular branch without utmost seriousness and sincerity. If you are serious right from the beginning then only you can make a better career in engineering. This article provides you essential information about top 6 benefits that can be acquired by becoming an engineer.

benefits

1. Jobs

Jobs

The first and important benefit of selecting engineering is that a person can get the job at very early age. Unlike other professions in which persons need to spend pretty much time in gaining experience, in engineering a student can stand on his/her feet just after a span of four years. Also, people would not have the fear of losing engineering jobs after acquiring it once. Pretty much satisfication is provided by engineering jobs. Last but not least engineering jobs provide increment more early than the government and other profession jobs. Earn decent amounts of money and work for lesser times by selecting the engineering degree.

2. Huge Career Opportunities

career apportunity

If you are new to engineering, then you need to know that you can mould your career in different pathways after once selecting the B.Tech degree. Whether you want to become an astronaut, a scientist, a president or a filmmaker, you can do that by studying the specific degree. According to your choice and requirements, you can earn decent amount of money by selecting the specific engineering course. Along with the regular 4 year degree, students can also learn other medical and law courses. Thus, you can enhance your different skills by selecting the engineering degree.

3. Difficult Work

Hard Work

You need to know that any engineering job is not very easy. You need to learn a lot about working on different tools and machines. You would be assigned tough tasks that need to be completed in shorter durations. By operating the mind in different strategies, students acquire a better knowledge of any particular work. He/she gets good information for finishing specific work. Only an engineer who had practice a lot on different tools can perform difficult and complicated work.

4. Creativity

creative

By spending pretty much time on certain numerical and questions, candidates acquire certain mental skills. They learn how to solve difficult tasks in the lesser amount of time. By working on various machines, tools and machines students develop large number of skills. If students themselves work on tools, they observe the changes and never forgot the strategy of implementing particular tasks. In particular 6-week and 6-month training, students are made to work on real-world problems; open-ended system and other applications. They are made to find the solutions to the problems by using their mind. All these things result in creativity and innovation. Students come up with better results and go on acquiring more and more success in specific technology.

5. Need

need

Another benefit is that engineering profession has a very bright future. It is impossible to calculate the time when we would not require electronic gadgets, cars, motorcycles and other machines. We can imagine our life without all these machines. Therefore, particular mechanical, electronics and software engineers are needed for designing the materials needed by the society. One thing is assure that you can’t sit idle after doing a four year bachelors degree.

6. Financial Benefits

Financial Benefit

Along with other benefits, engineer also avail some financial benefits. IT companies offer very high packages to meritorious and bright engineering students. Also, candidates get travelling and accommodation charges from the companies. After spending 3 months in the software companies, candidates get great amount of growth. It would be not wrong in saying that engineers enjoy a lavish lifestyle.

Conclusion

Many wonderful benefits can be availed by becoming an engineer. A person can get the decent job by completing the 4 engineer degree. According to the preference an engineer can become an astronaut, a scientist, a president or a filmmaker. Candidates acquire huge sense of creativity in the four-year engineer course. It is important to realize that engineering has a very bright future. Engineers can enjoy a lavish lifestyle because of very high salary.

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How NRIs can apply for PAN card in India

The PAN card is a nationally accepted photo identity card that enables an individual or a company to do transactions, seek for a loan or an ITR. It is issued by the government of India under its department of income tax. The PAN card consists of some important details of an individual as the name, date of birth, address and the most crucial PAN number. Every PAN card holder has a unique ten digit PAN number which remains unchanged. The income tax department of our country issues this alphanumeric code. You may make alterations in your PAN card regarding your name or residential address and update it to the concerned income tax department. However you cannot make any change with the registered PAN number, it remains the same.

Pancard

What is the use of PAN card for the Income Tax Department?

The PAN card allows the IT department to link all economic transactions with every person. It ensures that the tax payments are regularly made or not. As all the transactions are routed through IT department, they are well equipped with the documents. Hence, a systematic record is maintained. For more information one can always check the online website of the department. To abide the income tax laws fully, you must file for a PAN card.

What are the advantages of PAN card?

PAN card doesn’t come with loads of benefits for a person, however if you are engaged in buying and selling properties, shares or debentures then it is rather compulsory to have one. Also, it is beneficial to the tax payers as it decreases the TDS (tax deductible at source) by around 10%.

What is the use of PAN card for an individual?

According to the Income Tax Act 1961, the most significant purpose of this card is that it categorise you under the tax paying citizen. The PAN, when distributed, is supervised by The Central Board of Direct Taxes (CBDT) through the IT department of India. The PAN serves as a valid, reliable and permanent identity proof which lets you carry on the financial transactions easily. It also helps you while opening a Demat account, salary account or a bank account. The Income Tax Department of India also uses your PAN while monitoring your transactions.

Pancard

Why it’s necessary to own a PAN card?

It may not be possible for you to do the heavy financial transactions. However as an alternative, there is a provision of using form 61 and form 60 instead of PAN. For the transactions below Rs 50,000, it is not compulsory to have a PAN if you are an NRI or a farmer. It has defined the process of buying and selling. For the government of India, it serves as a helping hand while calculating the money flow in the domestic territory.

What is the procedure of applying for a PAN?

The process for getting a PAN card is very simplified. Being an NRI one can apply it himself or through an agent. The form 49AA is downloaded initially from the NSDL website or Income Tax department, UTIISIL. The form is also available at any nearest TIN Facilitation Centre or the income tax PAN service department.

It is not essential to be in the country for applying it; you may do it when you are overseas. The documents stated below are needed to accelerate the process.

  1. A passport size photograph
  2. An identity proof
  3. Assessing Officer Details
  4. Residential address

Pancard

How long does the process take?

One may not ensure you with the exact period for the procedure as is it a government task. But, it will be done within 20 days, including the shipping process to abroad from the date of applying.

What is the shipping process?

The income tax department of India sends the PAN card through India Speed post, the government courier service. You can get yourself updated with its consignment number, by checking the status online. There is also other options of shipping as per your preference like FEDEX, DHL, UPS, etc. but the extra cost coming with them is to be borne by the respective applicant.

Thus, even NRIs can apply for PAN CARD and the steps are very simple.

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