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BC to AD, these are terms known to each one of us, being used across the world in the Julian and Gregorian calendars to label or number years for time and date measurement.

Though well known in common parlance, the meaning of the terms are sometimes misunderstood. While BC surely stands for ‘Before Christ’, AD is construed to mean ‘After Death’, whereas the actual meaning ‘Anno Domini’ is a Latin phrase which means ‘in the year of the Lord’. The purpose of the BC/AD dating system was to make the birth of Jesus Christ, the dividing point of world history.

2016 AD would be remembered as the year which witnessed another calendric switch in the lives of the people in our country. November 8th to be precise, when we witnessed the division of Indian history on the basis of another BC/AD

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finance-tips-image

As you know 9 out of 10 new businesses fail because they are not able to raise enough money to kick start their business.

There could be many other reasons for failure like the business idea itself is a non starter or the product has so many problems.

But one of the main reasons for a failure is lack of funds.

Therefore if you are starting a new business then you must read this article. It really doesn’t matter whether your new venture is a tech start up or opening a restaurant.

You have to arrange finances so you can get started. Here are 10 useful tips to get started.

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tax-penalty

The provisions of Section 115BBE of the Income Tax Act, 1961, applicable from A.Y. 2013-14 onwards is probably the section under which the Income Tax department would be taxing the unexplained cash deposits during the period upto 30th December 2016.

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