You Are Hired

So you are thinking to restructure your resume once again just because you are not getting any response from prospective employers OR you need to hire someone to re-write your cover letter for the 3rd time?

Wait, don’t do that…it’s not going to work anymore

Before I write anything about the latest idea of job hunt . Let me share the key points discussed by Laszlo Block, Google’s VP of people operations in his recent interview.

    G.P.A.’s are worthless as a criteria for hiring
    Brainteasers are complete waste of time for assessing candidates
    14% of the team members in Google are not even graduated

These points are the part of organization’s latest H.R strategy which has outdated our job hunting plan and is the main reason we are getting fewer interview calls.

Organization has revamped their hiring strategy upside down but we haven’t changed anything yet, we are still waiting in the same line holding our resume and nicely sketched cover letter.

Stop waiting in there, you are standing in wrong queue.

Relying just on resume is overrated, necessary but not nearly sufficient. Fewer organizations are interested in your resume any more. Plenty are interested in what you’ve done.

And to show what you have done . ‘Resume 360’ is the idea, big picture is that you have to work out on every ‘angle’ of your resume and ‘create a movement’ in your job hunt.


Here are a few tips.

    Try arranging a couple of letters of recommendation from companies your employer knows.
    Do you have a blog related to your field of work? mention it.
    Any relevant thought provoking idea / Research work you are conducting  Or contributing in? attach it.
    Try to build a stronger first impression on your employer by creating a movement.

These are the general guide lines towards ‘Resume 360′ and creating a movement along with your resume I am sure you will add more thoughts in this idea.If your work, project, ideas are not outstanding then stop saying that you are ‘best fit’ and ‘remarkable’ for the position applied.

‘Reset’ your expectations and re-align your job hunting strategy, with the help of these self marketing efforts make your resume count.

Remember, great and most fascinating jobs are not filled by merely sending your resume.

Get Glowing Skin with Honey And Lemon

Get Glowing Skin with Honey And Lemon

Tax Credits and Investment Allowances

Tax Credits and Investment Allowances
Compared with tax holidays, tax credits and investment allowances have a number of advantages. They are much better targeted than tax holidays for promoting particular types of investment and their revenue cost is much more transparent and easier to control. A simple and effective way of administering a tax credit system is to determine the amount of the credit to a qualified enterprise and to "deposit" this amount into a special tax account in the form of a bookkeeping entry. In all other respects the enterprise will be treated like an ordinary taxpayer, subject to all applicable tax regulations, including the obligation to file tax returns. The only difference would be that its income tax liabilities would be paid from credits "withdrawn" from its tax account. In this way information is always available on the budget revenue forgone and on the amount of tax credits still available to the enterprise. A system of investment allowances could be administered in much the same way as tax credits, achieving similar results.
There are two notable weaknesses associated with tax credits and investment allowances. First, these incentives tend to distort choice in favor of short-lived capital assets since further credit or allowance becomes available each time an asset is replaced. Second, qualified enterprises may attempt to abuse the system by selling and purchasing the same assets to claim multiple credits or allowances or by acting as a purchasing agent for enterprises not qualified to receive the incentive. Safeguards must be built into the system to minimize these dangers.

Corporate Income Tax

Corporate Income Tax
Tax policy issues relating to corporate income tax are numerous and complex, but particularly relevant for developing countries are the issues of multiple rates based on sectoral differentiation and the incoherent design of the depreciation system. Developing countries are more prone to having multiple rates along sectoral lines (including the complete exemption from tax of certain sectors, especially the parastatal sector) than industrial countries, possibly as a legacy of past economic regimes that emphasized the state's role in resource allocation. Such practices, however, are clearly detrimental to the proper functioning of market forces (that is, the sectoral allocation of resources is distorted by differences in tax rates). They are indefensible if a government's commitment to a market economy is real. Unifying multiple corporate income tax rates should thus be a priority.
Allowable depreciation of physical assets for tax purposes is an important structural element in determining the cost of capital and the profitability of investment. The most common shortcomings found in the depreciation systems in developing countries include too many asset categories and depreciation rates, excessively low depreciation rates, and a structure of depreciation rates that is not in accordance with the relative obsolescence rates of different asset categories. Rectifying these shortcomings should also receive a high priority in tax policy deliberations in these countries.
In restructuring their depreciation systems, developing countries could well benefit from certain guidelines:

    Classifying assets into three or four categories should be more than sufficient—for example, grouping assets that last a long time, such as buildings, at one end, and fast-depreciating assets, such as computers, at the other with one or two categories of machinery and equipment in between.
    Only one depreciation rate should be assigned to each category.
    Depreciation rates should generally be set higher than the actual physical lives of the underlying assets to compensate for the lack of a comprehensive inflation-compensating mechanism in most tax systems.
    On administrative grounds, the declining-balance method should be preferred to the straight-line method. The declining-balance method allows the pooling of all assets in the same asset category and automatically accounts for capital gains and losses from asset disposals, thus substantially simplifying bookkeeping requirements.