August 28th, 2009
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It is basically a life-time exercise to devise an effective savings plan through proper investment. A tax-saving investment strategy can aid you in building a lump sum provident fund account. Saving in a provident fund has enormous advantages. It is backed by the state and offers considerably high return. There are tax-exemptions on the interest earned and above all, its effective post-tax return is pretty handsome.
An individual who has just begun to build his career, this is an important prospective to start off with. A regular contribution can offer long-term dividends. During this time, person is likely to be burdened with lesser responsibilities. As such, he can indulge in a bit investment risk like the equity mutual fund. A lot of financial experts are also of the opinion that it works better if calculated investment is targeted at these equity linked savings schemes of the mutual funds.
A basic term-insurance life policy is perhaps the cheapest mechanism to earn the maximum profit from an insurance investment. Then, there are the Fixed Income Instruments. Although they are incomparable to the equity investment, they offer assured and safe returns for investments. As they are free from any market risks, the investor stands to receive a specified amount at a stipulated period. He gets to build a stable portfolio. These are particularly appropriate for investors who are who are nearing retirement.
Written by srini on August 28th, 2009 with no comments.
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The filing period for the H-2B visa shall be reopened by the USCIS for the current fiscal year 2009. This H-2B visa is of great help for those foreign workers who visit the US in order to work in a non-agricultural position at a temporary status. This of course, occurs when a US employer sponsors them. In order to avail of this opportunity, the immigrants would require some amount of cooperation from the US employers too. They need to express that there is a prevalent dearth of work force in the US, which makes the hiring of foreign labor essential. The occupational sectors like education, construction; healthcare, manufacturing, food service/processing, resort/hospitality and landscaping require the most immigrant talents. The US employers are simply required to file an application for temporary labor certification to the US Department of Homeland Security that they would like to sponsor a foreign worker.
If the petition for the H-2B visa gets approved by the USCIS, the immigrants also have the option to apply for the H-2B visa from his nearest US consulate. This will allow the immigrant worker to enter the US and work for his employer.
The filing period for the H-2B was terminated by January, 2009 but, the Department of State had issued just 40,640 H-2B visas and about 25,000 visas were left unissued. However, the H-2B visa petitions ought to be completed before the end of September 2009. This process can be completed through the premium processing.
Written by srini on August 28th, 2009 with no comments.
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