General Knowledge

A broad category filled with informative content aimed at enhancing readers’ general knowledge across diverse subjects and current affairs.

Section 143(1) of the Income Tax Act 1961 is a key preliminary assessment tool for tax returns. It allows the Income Tax Department to review returns, identify errors, and tackle potential issues before detailed scrutiny. This provision applies to various taxpayers - individuals, families, corporations, etc. Post the preliminary assessment, if discrepancies are detected, a Preliminary Assessment Notice is sent to the taxpayer. Non-compliance with this notice can lead to legal troubles. Hence, understanding this section is essential for a smooth tax assessment process.

The global economy relies on shipping containers. Over a billion metric tons of cargo are shipped across the ocean annually. Ocean freight forwarders play a key role in the cargo shipping industry. They ensure the shipment reaches the right destination in the most cost-efficient way. For an overview of ocean freight forwarding, its benefits, and…

Dreamer, the 2005 movie starring Dakota Fanning, is the tale of Soñador, a mare who becomes catastrophically injured in a race but is rehabilitated by her trainer, Ben, and his daughter, Cale (Fanning). The pair originally intended to breed “Sonya,” but they discover that she cannot bear children. Emotions run high, and that leads to…

Unlike any other injury lawsuit, a personal injury claim can be a little distinct and diverse as a whole. For example, the application process of the claim for a slip-and-fall incident will be slightly different from the claim for an assault injury. Let me tell you how. Also read: Slip, Trip and Fall Claims, Explained…

The various components of a car significantly contribute to smooth and hassle-free rides. So, it is essential to maintain and service each of these components to keep your vehicle in good condition. The heart of a car is what we call an engine. It is a very complex machine that operates the various working parts…

Flowcharts are visual representations of processes. The very best businesses are cohesive systems. The very best flowcharts are easy-to-read, impactful, and convey precisely what their designer wants to communicate. At the highest level, flowcharts can communicate the essence of a business. Businesses use flowcharts to explain processes to a specific audience, whether it be employees,…

Potential buyers purchase cars for a variety of reasons. Some buy it for luxury or comfort and others for commercial or business requirements. However, obtaining proper insurance plans is essential whether an individual owns a private car or a commercial one.  A well-rounded car insurance policy provides coverage benefits against damages caused by an unfortunate…

On February 24, about 6 o’clock in the morning, Russia, nope, actually the Russian Government, launched a devastating attack on Ukraine by land, sea, and air. Troops have commenced the invasion through the borderline with Belarus, the annexed Crimean Peninsula, and from the side of the Donbas region where the Russian army conducts regular military…

Lost Town. This is precisely what I used to call Kushinagar, my hometown and now a popular Buddhist Pilgrimage site. But why so? The reason is that not many cared about the place, despite it being one of the most important places of one of the most popular religions in the World. It was a…

When written down in text, even the most intriguing statistical data can seem dense or dry. Therefore, many communicators and educators make use of graphs. These are powerful tools that help people better comprehend and visualize large volumes of data. There are various kinds of graphs available today, but bar graphs and histograms are much…

The Royal Ascot is Britain’s most elegant 5-day horse racing event held on the prestigious and illustrious Ascot Racecourse. Located six miles away from Windsor Castle, this racecourse hosts numerous guests and esteemed spectators to watch the Royal Ascot races and socialize with other dignitaries and special guests. This year, the Royal Ascot took place…

In this article, you will learn what is PFMS, what are its significances and how PFMS can benefit you in ? The Central Plan Scheme Monitoring System, CPSMS, is now well recognized as PFMS, which is a central sector plan of the Government of India. PFMS focuses on establishing a decision support system for the…