Bill Gates - The Founder of the Computer Giant Firm Microsoft

Facts file and Biography of Bill Gates - The Business Tycoon of the Computer World
Bill Gates is one of the top ranked business people of the world well known for his Computer magnet company 'Microsoft'. In the Forbes list of top businessman Bill Gates always acquired top rank since the 1995. Bill Gates is the famous American business who is the founder of the top computer company and one of the top companies of the world 'Microsoft'.



Bill Gates Personal Life and Bio
* Bill Gates full name is William Henry "Bill" Gates III.
* Bill Gates nickname is Trey.
* Bill Gates born date is 28th Oct, 1955.
* Bill Gates born in the Seattle, situated in the state of Washington in America.

* Bill Gates father name is William H. Gates, Sr, who was a prominent lawyer.
* Bill Gates mother name is Mary Maxwell Gates who is the board of directors for First Interstate BancSystem and the United Way.
* Bill Gates Grand Father J. W. Maxwell was a national bank president.
* Bill Gates has two sisters, Kristi and Libby.
* On 1st Jan, 1994, Bill Gates married with Melinda French.
* Bill Gates and Melinda French have three children: elder one is a daughter name Jennifer Katharine Gates than son Rory John
Gates and younger one is a daughter name Phoebe Adele Gates.
* By religion Bill Gates believes in Agnostic.
* Bill Gates height is 5 feet 10 inch.
* Bill Gates loves to play bridge and golf games in the spare times.

New Income Tax Policy of India - The Direct Tax Code

The Direct Tax Code known as DTC is the upcoming Tax Code of India. The DTC will replace the existing Income Tax act of India from the 1st Apr, 2012. The DTC will be applicable from the 2012-13 financial years in all over the India. In the opinions of the experts DTC will simplify the whole direct tax regime in the country.


Important Points of Direct Tax Code (DTC)

* This code will be applicable from 1st Apr, 2012.
* The Direct Tax Code will replace the existing Income Tax act of 1961.
* The Direct Tax Code will be applicable from the financial year of 2012-13.
* The Direct Tax Code will simplify the current tax calculations.
* The Direct Tax Code will removes majority of categories from the exempted income like Equity Mutual Funds, NSC, ULIPs, Long term infrastructures bonds, repayment of house loan and stamp duty etc.*
* In the Direct Tax Code education cess and Surcharge will be end.
* In the Direct Tax Code taxed will be applicable on only half of Short-term capital gains.
* In this DTC Tax exemption on LTA will be end.
* New tax slabs will be announced for income tax -
10% Tax for income between Rs. 2 lakh - Rs. 5 lakh
20% Tax for income between Rs. 5 lakh - Rs. 10 lakh
30% Tax for income over Rs. 10 lakh
* No changes in the corporate tax rate.
* Raised the limit for exemptions for salaried people is Rs. 2 lakh, while that for senior citizens is Rs. 2.5 lakh.

Vijay Mallya - The Liquor King of India

Fact file and Biography of Vijay Mallya
* Vijay Mallya Father name - Vittal Mallya the famous industrialist
* Vijay Mallya mother name - Lalitha Ramaiah
* Vijay Mallya born date - 18th Dec, 1955

* Vijay Mallya born place - town of Bantwal, state of Karnataka in India.
* Vijay Mallya early education - La Martiniere for Boys School, Calcutta.
* Vijay Mallya higher education - St. Xavier's College, Calcutta.
* Vijay Mallya first wife - Sameera
* Vijay Mallya second wife - Rekha
* Vijay Mallya have one Son from first wife Sameera named Sidhartha Mallya.

* Vijay Mallya have three daugthers from second wife Rekha named Leana, Laila and Tanya Mallya.
* In the year of 1983, Vijay Mallya started his business career by joining his father United Breweries Group.
* Vijay Mallya in the 38th position of the Indian richest person list.
* Vijay Mallya in the 879th position of the richest person in the world list.
* Vijay Mallya famous as the liquor king of India.
* Vijay Mallya is well known for his Page 3 parties.
* Vijay Mallya is the Managing Director of the India's top liquor company United Breweries Group.
* Vijay Mallya net asset - In early days of 2011 $1.4 billion.
* Vijay Mallya is the owner of the Kingfisher Airlines.

* Vijay Mallya owns the IPL team Royal Challenger Bangalore.
* In the year of 2008, Vijay Mallya owns the Formula one team Force India F1.
* Currently Vijay Mallya become the Independent member of Parliament.
* In the year of 2004, Vijay Mallya succesfull bid £175,000 for the sword of Tipu Sultan at an auction in London
* In the year of 2009, Vijay Mallya succesfully bid $1.8 million for the belongings of Mahatma Gandhi.