Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

As per the Supreme Court Order, Indian market will see only the sale of BS VI compliant vehicles from April 1, 2020. These new emission control standards being introduced in India will need widespread measures in terms of emission control, automotive electronics, fuel-grade and ECU changes. While the Bharat Stage Emission norms mainly focus on minimizing the pollutant emissions from the vehicles run on the Indian roads, the standards of the VI stage of these norms coming under the title BS VI will call for a drastic change in the technology adopted by the India vehicle manufacturers. The implications of BS VI norms Once these norms come into effect, the emission levels in India will come on par with the emissions standards in the European countries and the US. This also marks a major advancement in the vehicle manufacturing technology in India which will match with the other advanced automotive technologies seen across the globe. Bharat Stage VI norms will demand a host of technology modifications the most important one being the implementation of OBD (on-board diagnostics) a mandatory feature for all the vehicles. The need for India to move to the BSIV to BS VI norms India is a vast country with 10 highly populated cities. This is a qualification that we might not feel happy to boast of considering the alarming amount of pollutants the vehicles of the country release on the Indian roads. In the Indian cities, the vehicular emissions are major contributors to the worsening of air quality. Studies show that the release of NOx, SO2, CO2 and other particulate matters take a toll on the health of Indians. For instance, the PM2.5 levels in a city like Delhi is 6 times more than what is allowed by the WHO. Following the Paris Climate Agreement signed by India in 2016, India has taken the responsibility to cut down its carbon footprint by 35-55% within the next 12 years from what was recorded in 2005. These carbon footprint obligations have forced the country to move directly to BS VI norms bypassing the BS V norms. The BS VI norms will see the NOx emissions come down by 25% approximately in case of petrol engines and 68% in case of diesel engines. The PM emissions for diesel engines will come down by 80%. Technology changes that BS VI demand The OEMs cannot just add some additional components in the manufactured vehicles to reduce the emissions. If Euro VI compliant DPF needs to be fitted in a small diesel car made in India, the bonnet size will have to increase by exceeding the 4 meters mark. In case of natively developed OEMs like Mahindra and TATA, the new standards will have to be implemented in their line of vehicles with utmost perfection. Since this technology has to be multiplied over hundreds of platforms, the challenge seems to be higher. In order to control the PM and NOx emissions, the OEMs will need to implement various kinds of technologies like fitting Diesel particulate filter (DPF) in the vehicles to expel particulate matters from the gas exhausted. For reducing the NOx emission, selective catalytic reduction (SCR) and <keyword id="854698" type="PERSON" weightage="20" keywordseo="exhaust-gas-recirculation">exhaust gas recirculation</keyword> (EGR) need to be used.

What is BS6 Engine Technology?

<ul><li>The armed forces and <keyword id="64987" type="PERSON" weightage="20" keywordseo="Paramilitary-forces">paramilitary forces</keyword> appealed to the <keyword id="476067" type="ORGANIZATION" weightage="20" keywordseo="Ministry-of-Transport">Ministry of Transport</keyword>, for exemptions from the BS-VI emission norms. </li><li>Bharat Stage VI (BS-VI) emission norms are set to take effect in India from April 1, 2020. </li><li>The defence forces were also given exemption from the BS-IV emission norms in 2016.</li></ul>Indian armed forces and paramilitary forces are seeking an exemption from the stringent vehicle pollution norms, that are going to take effect from next year, <a href="https://www.hindustantimes.com/india-news/indian-armed-forces-seek-exemption-from-bs-vi-norms/story-Kc8jPYue59AmaBx9JtdEqM.html">according to sources</a>. Officials aware of the development said that these waivers are likely to be granted, as per <a href="https://www.hindustantimes.com/india-news/indian-armed-forces-seek-exemption-from-bs-vi-norms/story-Kc8jPYue59AmaBx9JtdEqM.html">Hindustan Times</a>. India is set to welcome the new Bharat Stage VI (BS-VI) norms from April 1, 2020. The norms lay down tighter rules for exhaust emission requirements for vehicles compared to the BS-IV applicable currently. However, defence vehicles were given an exception from BS IV norms in 2016 and this could be repeated again. “They have conveyed that it will be difficult to procure new vehicles till 2019 and have said that the dispensation given to the army should also be given to paramilitary vehicles because their operational areas are also similar,” according to an official. Global Norms Military vehicles in all the countries are exempted from stringent pollution control rules, “This is in part due to difficulty in assuring ultra-low sulphur fuel (10 parts per million) supply in all of the remote areas where a military vehicle might operate,” Anup Bandivadekar, passenger vehicles programme director, International Council on Clean Transportation <a href="https://www.hindustantimes.com/india-news/indian-armed-forces-seek-exemption-from-bs-vi-norms/story-Kc8jPYue59AmaBx9JtdEqM.html">told Hindustan Times</a>. Due to security reasons, there is no official estimate on the total number of such vehicles lined up for exemption. An official said that the army alone has about 150,000-160,000 terrestrial vehicles, such as SUVs, trucks and infantry combat vehicles. SEE ALSO: <a href="https://www.businessinsider.in/what-is-bs-vi-norms/articleshow/69286150.cms">What are BS VI Norms?</a> <a href="https://www.businessinsider.in/what-is-bs-vi-engine-technology/articleshow/69286111.cms">Explained: What is BS6 Engine Technology?</a> <a href="https://www.businessinsider.in/10-reasons-why-you-should-buy-a-petrol-car-after-norms-bs-vi/articleshow/69285942.cms">10 Reasons why you should buy a Petrol Car after BS VI Norms come into force</a>

Armed forces might get an exemption from new vehicular emission norms

The Supreme Court on Wednesday recalled its March 27 order, where it had allowed the sale of BS-IV compliant vehicles for 10 days, barring in Delhi-NCR, after the lifting of the <keyword id="8902499" type="UNKNOWN" weightage="20" keywordseo="nationwide-lockdown">nationwide lockdown</keyword> imposed to fight the <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">coronavirus</keyword> pandemic. In its March order, the top court had allowed some relief to the <keyword id="128764" type="PERSON" weightage="20" keywordseo="auto-dealers">auto dealers</keyword>, permitting the sale of 10 per cent unsold BS-IV inventory. The apex court on Wednesday said that it will not allow registration of BS-IV vehicles sold after March 31. A bench headed by Justice Arun Mishra and comprising Justices S. Abdul Nazeer and Indira Banerjee pulled up the Federation of Automobile Dealers Association of India (FADA), saying it would be a violation of the court order if it allowed sale of vehicles after opening of the lockdown. "No BS-IV vehicle will be registered if sold after March 31, 2020," noted the top court. The bench observed that registration takes time after the sale of the vehicle, and told the FADA that BS-IV vehicles are sold and it wants registration for these vehicles despite orders passed earlier. Senior advocate <keyword id="9538472" type="PERSON" weightage="20" keywordseo="k-v-viswanathan">K.V. Viswanathan</keyword>, representing FADA, argued that the court allowed registration in March, and the order from the top court says no registration after March 31, and if one buys a vehicle before that, registration has to be done. The bench replied that it is asking about transactions after the order was passed. "We will protect only if VAHAN registration is correct. We will ask the government to check VAHAN data. How were vehicles sold online at 3 per cent to 40 per cent off? That too after March 31, what is this fraud," asked the SC bench. Justice Mishra told FADA not to take advantage by playing fraud. The bench asked the Centre to file data on vehicles uploaded on VAHAN portal post March 31, and also 15 days prior to this date. The top court also asked the FADA to give details of the vehicles sold to the government. The bench has posted the matter for further hearing on July 23. On June 15, the apex court had slammed the FADA for not following its order permitting the sale of limited BS-IV vehicles after March 31, after which BS-VI emission norms came into force. The bench observed that the court allowed the sale and registration of 1.05 lakh BS-IV vehicles, but it seems 2.55 lakh vehicles were sold. The top court has sought details of sale and registration from the FADA. The apex court had fixed the deadline of March 31, 2020, for the sale of <keyword id="6370870" type="COMPANY" weightage="20" keywordseo="bs-iv">BS IV</keyword> compliant vehicles across the country. It had it clear that no BS-IV vehicles will be allowed to be sold in Delhi-NCR from April 1, 2020. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/these-are-the-top-upcoming-new-bikes-launches-in-india-in-july-month/slidelist/76829445.cms" data-type="tilCustomLink"> From BMW S 1000 XR and Royal Enfield Meteor 350 to Honda XBlade and Yamaha FZ25— these are the top upcoming bike launches in July</a> <a href="https://www.businessinsider.in/business/auto/news/from-maruti-s-cross-petrol-and-audi-rs7-sportback-to-bs6-honda-civic-and-hyundai-tucson-facelift-these-are-the-top-upcoming-car-launches-in-july/slidelist/76806658.cms" data-type="tilCustomLink">From Maruti S-Cross Petrol and Audi RS7 Sportback to BS6 Honda Civic and Hyundai Tucson Facelift— these are the top upcoming car launches in July</a>

Supreme Court withdraws order of registering BS-IV vehicles post lockdown

New Delhi, Feb 19 () India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now - a feat achieved in just three years and not seen in any of the large economies around the globe.India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular emissions that are said to be one of the reasons for the choking pollution in major cities.Sanjiv Singh, Chairman of Indian Oil Corp (IOC) - the firm that controls roughly half of the country's fuel market, said almost all refineries began producing ultra-low sulphur BS-VI (equivalent to Euro-VI grade) petrol and diesel by the end of 2019 and oil companies have now undertaken the tedious task of replacing every drop of fuel in the country with the new one."We are absolutely on track for supplying BS-VI fuel from April 1. Almost all refineries have begun supplying BS-VI fuel and the same has reached storage depots across the country," he said. From storage depots, the fuel has started travelling to petrol pumps and in the next few weeks all of them will only have BS-VI grade petrol and diesel, he said. "We are 100 per cent confident that fuel that will flow from nozzles at all the petrol pumps in the country on April 1 will be BS-VI emission compliant fuel." India adopted Euro-III equivalent (or Bharat Stage-III) fuel with a sulphur content of 350 ppm in 2010 and then took seven years to move to BS-IV that had a sulphur content of 50 ppm. From BS-IV to BS-VI it took just three years. "It was a conscious decision to leapfrog to BS-VI as first upgrading to BS-V and then shifting to BS-VI would have prolonged the journey to 4 to 6 years. Besides, oil refineries, as well as automobile manufacturers, would have had to make investments twice - first to producing BS-V grade fuel and engines and then BS-VI ones," he said. State-owned oil refineries spent about Rs 35,000 crore to upgrade plants that could produce ultra-low sulphur fuel. This investment is on top of Rs 60,000 crore they spent on refinery upgrades in the previous switchovers. BS-VI has a sulphur content of just 10 ppm and emission standards are as good as CNG. Originally, Delhi and its adjoining towns were to have BS-VI fuel supplies by April 2019 and the rest of the country was to get same supplies from April 2020. But oil marketing companies switched over to supply of BS-VI grade fuels in the national capital territory of Delhi on April 1, 2018. The supply of BS-VI fuels was further extended to four contiguous districts of Rajasthan and eight of Uttar Pradesh in the National Capital Region (NCR) on April 1, 2019, together with the city of Agra. BS-VI grade fuels were made available in 7 districts of Haryana from October 1, 2019. Singh said the new fuel will result in a reduction in NOx in BS-VI compliant vehicles by 25 per cent in petrol cars and by 70 per cent in diesel cars. The switchover, he said, is a tedious task as every drop of old, higher-sulphur content fuel has to be flushed out in depots, pipelines and tanks before being replaced by BS-VI. "We are confident of disruption-free switchover to BS-VI supplies across the country," he said. "What we will be supplying is the best quality available anywhere in the world. You don't have any better fuel that is supplied in any part of the world. Perhaps our BS-VI fuel will be better than equivalent fuel in some parts of the US and Europe." India adopted a fuel upgradation programme in the early 1990s. Low lead gasoline (petrol) was introduced in 1994 in Delhi, Mumbai, Kolkata and Chennai. On February 1, 2000, unleaded gasoline was mandated nationwide. Similarly, BS-2000 (Euro-I equivalent, BS-1) vehicle emission norms were introduced for new vehicles from April 2000. BS-II (Euro-II equivalent) emission norms for new cars were introduced in Delhi from 2000 and extended to the other metro cities in 2001. Benzene limits have been reduced progressively from 5 per cent in 2000 to 1 per cent nationwide. Lead content in gasoline was removed in phases and only unleaded gasoline is being produced and sold from February 1, 2000. The octane number of gasoline signifies the improved performance of the engine. Loss in octane number due to phasing out of lead was made up by installing new facilities in the refinery and changes in refinery operation. RON (Research Octane Number) of gasoline for BS-2000 spec was increased to 88. This has over time been increased to 91. Singh said sulphur reduction will reduce Particulate Matter (PM) emissions even in the in-use older generation diesel vehicles. ANZ MKJ

India to switch to world's cleanest petrol, diesel from Apr 1

<ul class="summary-list"><li><keyword id="11943061" type="UNKNOWN" weightage="60" keywordseo="world-food-program" source="Orion">World Food Program</keyword> chief David Beasley is calling on <keyword id="11940268" type="UNKNOWN" weightage="60" keywordseo="billionaires" source="Orion">billionaires</keyword> like <keyword id="11897862" type="UNKNOWN" weightage="60" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> and <keyword id="11908741" type="UNKNOWN" weightage="60" keywordseo="jeff-bezos" source="Orion">Jeff Bezos</keyword> to help tackle <keyword id="12443850" type="UNKNOWN" weightage="60" keywordseo="world-hunger" source="Orion">world hunger</keyword>.</li><li>At Davos, he told the AP, "The world is in real serious trouble. This is not rhetoric and B.S. Step up now, because the world needs you."</li></ul>The world's richest people could drastically reduce world hunger by donating a small fraction of their fortunes, and it's high time they do, according to the head of the Unite Nation's World Food Program.David Beasley, the agency's executive director, <a href="https://apnews.com/article/russia-ukraine-world-economic-forum-elon-musk-cd63abc67ce5832162dd68afa9ad480c">told</a> the Associated Press at the World Economic Forum's Annual Meeting in Davos, Switzerland, this week that he's again calling on billionaires like Elon Musk and Jeff Bezos to give money to the effort."The world is in real serious trouble," he said. "This is not rhetoric and B.S. Step up now, because the world needs you."Beasley also referred back to a Twitter exchange between him and Musk on the subject last year. After Beasley <a href="https://edition.cnn.com/videos/business/2021/10/26/david-beasley-wfp-billionaires-ctw-intl.cnn">said</a> in a CNN interview that $6 billion from Musk <a href="https://www.businessinsider.com/un-food-director-calls-musk-bezos-donate-net-worth-increase-2021-10">could help 42 million people</a> on the brink of starvation, Musk <a href="https://www.businessinsider.com/musk-sell-tesla-stock-if-6-billion-solves-world-hunger-2021-11">vowed to sell Tesla stock to make the donation</a> if Beasley detailed where the money would go."If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it," Musk wrote.Beasley responded at the time: "$6B will not solve world hunger, but it WILL prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation. An unprecedented crisis and a perfect storm due to Covid/conflict/climate crises."Beasley later <a href="https://www.businessinsider.com/elon-musk-bezos-un-world-hunger-starvation-billion-donation-2021-11">laid out how the money would be used</a> in a Twitter thread but says, despite meeting Musk's demand, he still hasn't seen a donation."Musk put $6 billion into a foundation," Beasley told the AP at Davos. "But everybody thought it came to us, but we ain't gotten any of it yet. So I'm hopeful."In November, Musk <a href="https://markets.businessinsider.com/news/stocks/elon-musk-donated-billions-in-tesla-shares-to-charity-2022-2">donated more than 5 million Tesla shares,</a> worth about $5.7 billion at the time, to an unidentified charity, according to an SEC filing."I don't know what it's going to take," Beasley continued to the AP. "We're trying every angle, you know: Elon, we need your help, brother."Musk and Bezos did not immediately respond to requests for comment.

It's time for Elon Musk, Jeff Bezos, and other billionaires to 'step up' and help end hunger crisis, says head of UN's World Food Program

By Bharat Sharma New Delhi, Apr 19 () Former India wicket-keeper Ajay Ratra has utilised the ongoing lockdown to complete an introductory level coaching course with Cricket Australia. Ratra, who has worked with the Indian women's team and coached Assam in the latest domestic season, cleared seven modules to obtain the certification. The 38-year-old is already a BCCI-certified Level 2 coach and his next goal is to clear Level 3. "In 2017, BCCI and Cricket Australia had jointly conducted a course and it was about to expire. That was to be renewed and alongside that I thought to go with this Cricket Australia course. It was an online course with seven modules (covering all aspects of the game)," Ratra told . "When I cleared all of them, I received the certification on April 6. Now, I am eligible for Cricket Australia's higher level courses. I plan to go for them but right now the priority is to clear Level 3 at BCCI," said the former wicket-keeper, who played six Tests and 12 ODIs. Ratra said the main purpose of undergoing the course was using the lockdown phase productively and enhance his knowledge. "The more we explore different cricketing cultures, the better it is for us as coaches. The BCCI has a very robust structure in place and that is why it keeps producing world-class players. "With Cricket Australia, what I found interesting in one of the modules was that they want the coaches to tell their players what to do but not how to do it. They want the players to figure out their own way and then coaches can help them further," said Ratra, who has also worked extensively at NCA. The future is uncertain due to the COVID-19 pandemic and Ratra is approaching the next few months with an open mind. "The stint with Assam was good. Don't know what the future holds but I am very much open to working with international teams (be it a full member nation or associate member)," said Ratra, who also spent time with India's Test wicket-keeper Wriddhiman Saha during his rehabilitation phase at the NCA two years ago. BS BS AHAH

Former India wicket-keeper Ratra uses lockdown to complete Cricket Australia coaching course

<ul><li><keyword id="6915638" type="UNKNOWN" weightage="20" keywordseo="Hero-Moto-share-price">Hero Moto share price</keyword> fell a little less than a percent after a 'sustained recovery' in two-wheeler sales remained uncertain.</li><li>The lack of confidence in the country's largest two-wheeler maker is a sign of continued weakness in demand.</li><li>What makes it worse is the lack of excitement amidst a festive season when sales traditionally tend to pick up.</li></ul>The lack of confidence in the country's largest two-wheeler maker is a sign of continued weakness in demand. Hero Motocorp share price fell a little less than a percent after a 'sustained recovery' in two-wheeler sales remained uncertain. What makes it worse is the lack of excitement amidst a festive season when sales traditionally tend to pick up. So far, the sales have grown in low single-digits compared to the same time last year, which is a bad sign. 
 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/814712"></div>
]]></cdata></div>











 Between July and September 2019, Hero Moto's earnings before interest, tax, depreciation, and amortisation (EBITDA) fell 20% but it was much better than expected, according to the CLSA. But the management did not feel confident about a 'sustained recovery' in sales. Going forward, in the absence of a sharp recovery demand, the company may struggle to improve margin even as cost of production is expected to rise due to rollout of BS-VI models meant for lower emission. "Companies should find it difficult to pass on the full cost impact of the upcoming BS6 emission norms amid subdued demand and high competition," CLSA said. The stock has fallen 33% from its peak but it is still not cheap. "We retain a SELL rating but raise our target price from Rs2,350 to Rs2,500 as we roll over to September 2021," the brokerage house added. 
 
 
 
 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/814684"></div>
]]></cdata></div>

















 SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/infosys-vs-tcs-earnings-for-q2-2020/articleshow/71542601.cms" data-type="tilCustomLink" target="_blank">Here’s how Infosys and TCS earnings performance in Q2 2020 stack up against each other</a> <a href="https://www.businessinsider.in/business/news/jubilant-foodworks-announces-its-q2-earnings-profits-are-down-by-2/articleshow/71703366.cms" data-type="tilCustomLink" target="_blank">Domino’s parent Jubilant’s profits fall by 2% – Swiggy, Zomato could be the reason</a>

Hero Moto share price has fallen 33% from recent peak— and it may fall another 12%

<ul class="summary-list"><li>A <keyword id="12454173" type="UNKNOWN" weightage="60" keywordseo="457-plan" source="Orion">457 plan</keyword> is a type of <keyword id="11909870" type="UNKNOWN" weightage="60" keywordseo="retirement" source="Orion">retirement</keyword> plan offered by government and nonprofit organizations.</li><li>457 plans allow you to defer a portion of your pay, invest in various assets, and pay taxes upon withdrawal.</li><li>Many employers offer 457 plans in tandem with other retirement options.</li></ul>A 457 plan is a type of deferred compensation plan for workers in the government and nonprofit sectors. It allows employees to set aside a portion of their earnings, push back taxes on that income, and grow their money in the process."It's part of the retirement plan family," says Frank Murillo, partner and managing director at <a href="https://snowdenlane.com/" target="_blank" rel="noopener">Snowden Lane Partners</a>. "On the surface, think '401(k)' for government and nonprofit employees."Do you work for a non-profit or government organization? Here's what you need to know about 457 plans.<h2>How does a 457 plan work?</h2>With a 457 plan, you defer part of your income, use it to invest in <a href="https://www.businessinsider.com/what-is-an-annuity" target="_blank" rel="noopener">annuities</a> and <a href="https://www.businessinsider.com/mutual-funds" target="_blank" rel="noopener">mutual funds</a>, and grow those earnings until a later date. Only nonprofit and governmental organizations can offer 457 plans, though they can be used in tandem with other retirement accounts, including <a href="https://www.businessinsider.com/what-is-401k" target="_blank" rel="noopener">401(k)s</a> and <a href="https://www.businessinsider.com/what-is-403b" target="_blank" rel="noopener">403(b)s</a>.Related Article Module: The best retirement plans to use in 2021Contributions on 457 plans are largely made by the participant using paycheck deductions, but employers have the option to contribute funds as well. Either way, there's one set contribution limit across both buckets.Generally speaking, participant contributions are tax-deferred, meaning you pay taxes when you withdraw funds later on. With some governmental 457(b)s, which is one type of 457 plan we'll cover later on, you may have the option to designate <a href="https://www.businessinsider.com/what-is-roth-ira" target="_blank" rel="noopener">Roth contributions</a>, which are made using after-tax dollars.One standout advantage of 457 plans is that you can begin withdrawing your 457 funds as soon as you no longer work for the plan's sponsoring organization. This is quite different from other retirement plans, such as IRAs and 401(k)s, which require you to be 59 ½ before you can withdraw from your account. Quick tip: If you have a 457 plan, you'll have to take Required Minimum Distributions (RMDs) from your account starting at age 72. The exact annual amount varies based on your age, your balance, and other factors. Use <a href="https://www.investor.gov/financial-tools-calculators/calculators/required-minimum-distribution-calculator" target="_blank" rel="noopener">this calculator</a> to determine what you may owe.<h3>457(b) contribution limits</h3>The contribution limits for a 457(b) depend on your age. Once you hit 50 or when you're nearing retirement, you may be able to contribute significantly more depending on what you contributed in previous years.Here's how those contributions look:<table><tbody><tr><td>Age</td><td>Contribution limit</td></tr><tr><td>&lt; 50</td><td>100% of your salary or $19,500, whichever is less</td></tr><tr><td>50 or older</td><td>$26,000 ($19,500 + $6,500 in catch-up contributions) </td></tr><tr><td>Within three years of retirement age, as specified by the plan</td><td>$39,000 or the base limit ($19,500), plus the amount of your unused base limit in prior years, whichever is less</td></tr></tbody></table>Quick tip: The catch-up contributions allowed for participants 50 or older are only allowed if you have a governmental 457(b). If you're enrolled in a nonprofit 457(b), your limit will be $19,500.<h2>Types of 457 plans </h2>There are two types of 457 plans: the 457(b) and the 457(f). <ul><li>457(b): These are what the IRS refers to as "eligible" deferred compensation plans. They're subject to all IRS contribution limits and taxation rules, and both employers and participants can contribute to them. There's a 457(b) option for governmental employers, as well as a 457(b) for nonprofits and tax-exempt organizations.</li><li>457(f): These plans are also for nonprofits and government agencies, but they don't have to adhere to the IRS contribution limits. They're also fully funded by the employer, allowing employers to tie the benefit to performance, service duration, or other metrics. According to the IRS, these are sometimes called "golden handcuff" plans.</li></ul>"457(b) plans work very similar to a 401(k) or 403(b), where the elective deferral amount is funded on a payroll-by-payroll basis," says Brian Haney, founder and vice president at <a href="https://www.thehaneycompany.com/" target="_blank" rel="noopener">The Haney Company</a>. "For 457(f) plans, these are far more discretionary and often funded in a lump sum depending on when the employer chooses to fund them."<h2>Pros and cons of a 457 plan</h2>As with any investment account, the 457 plan comes with both drawbacks and advantages. One upside: They allow you to reduce your taxable income and defer taxes to a later date. If you think you will be in a lower tax bracket upon retirement, this can be financially advantageous.They can also be used in tandem with other accounts - another major perk."They become extremely helpful and valuable vehicles to allow for higher earners to further defer income towards retirement," Haney says. "Many highly compensated professionals max out their 401(k)s and 403(b)s and could use additional resources to save more."On the downside, some 457 plans don't allow rollovers to other retirement accounts. They also come with RMDs, and any employer contributions count toward the participant's annual limit. <table><tbody><tr><td>Pros</td><td>Cons</td></tr><tr><td><ul><li>Allows you to defer taxes</li><li>Large contribution limits, especially as your near retirement</li><li>Can be used along with other retirement accounts</li><li>Can allow Roth contributions</li><li>Allows withdrawals as soon as you no longer work for the employer</li></ul></td><td><ul><li>Come with Requirement Minimum Distributions</li><li>Some don't allow rollovers to other retirement accounts</li><li>Employer contributions eat into the participant's contribution limit</li><li>Lower contribution limits than other retirement plans (403(b)s go up to $58,000)</li></ul></td></tr></tbody></table><h2>457(b) vs. 403(b) </h2>It's easy to confuse 457(b) plans with 403(b) plans, as both are offered in the nonprofit sector. In some cases, employers may even offer both plans simultaneously.Despite this, the two are vastly different retirement options. For one, employer contributions and participant contributions come with different limits on 403(b)s. On these plans, both contributions can total up to $58,000 or 100% of the employee's salary per year (whichever is less).Rollovers are also permitted on all 403(b)s, but only sometimes on 457 plans, and 403(b)s come with a 10% penalty if funds are withdrawn before 59 ½. With 457(b)s, you can withdraw as soon as you no longer work for the company. Here are all the differences you'll want to consider with these two retirement options:<table><tbody><tr><td>457 plan</td><td>403(b)</td></tr><tr><td><ul><li>Employer contributions count toward the $19,500 participant limit.</li><li>Rollovers are permitted only on government plans.</li><li>Funds can be withdrawn as soon as you no longer work for the company.</li></ul></td><td><ul><li>Employees have their own limit of $19,500. Combined limits go up to $58,000 or 100% of the employee's salary.</li><li>Rollovers to other retirement plans are always permitted.</li><li>Withdrawals before 59 ½ face a 10% penalty.</li></ul></td></tr></tbody></table><h2>The financial takeaway</h2>A 457 plan is a type of retirement plan offered to non-profit and government employees. They allow you to defer income, invest in various assets, and grow your wealth for retirement. Keep in mind, though: They do have lower limits than some other retirement plans, so make sure to explore all your options. In many cases, you may be able to choose both a 457 and another plan to maximize your contributions. Talk to a financial advisor if you're not sure a 457 plan is right for your retirement goals. They can also assist in determining an appropriate contribution amount.<a data-type="61410b58e278c63e7610dcbb">Understanding what financial advisors do and how they help clients better manage their money</a><a data-type="6010872ff3299a36eb5e109c">A variable annuity can provide you with more retirement income, since its payouts rise with the stock market</a><a data-type="5fe0e060f74e306b4930ff7a">Opening a Roth IRA for your kids offers investment options, tax-free growth, and a great lesson in how to save</a><a data-type="6040f94cfec9aa1ad7381ab4">Backdoor Roth IRA: Understanding the loophole that gives high-income earners the tax benefits of a Roth IRA</a>

457 plans: The retirement option for nonprofit and government workers

<ul class="summary-list"><li>The appearance of <keyword id="10041268" type="UNKNOWN" weightage="60" keywordseo="e-6b-mercury">E-6B Mercury</keyword> aircraft, sometimes called "Doomsday Planes," on a flight tracking system around the same time President Trump announced that he and the First Lady had tested positive for <keyword id="8763838" type="UNKNOWN" weightage="60" keywordseo="covid-19">COVID-19</keyword> sparked speculation that the US military was preparing for a crisis.</li><li>US Strategic Command told Insider that the flights were "pre-planned" and that "any timing to the President’s announcement is purely coincidental."</li><li>The Joint Staff told another reporter that "there's been no change to our alert levels" and that "the US military stands ready to defend our country and its citizens."</li></ul>Just before President <keyword id="6354484" type="PERSON" weightage="60" keywordseo="Donald-Trump">Donald Trump</keyword> announced that he and his wife had tested positive for COVID-19, two E-6B Mercury aircraft were detected flying along both the East and West Coast, triggering speculation that the armed forces were preparing for a crisis, but the military says that is not the case.These aircraft, sometimes referred to as "Doomsday Planes," serve as airborne command and communication planes tasked with carrying out the "Take Charge and Move Out" mission, which involves relaying National Command Authority instructions to the US nuclear ballistic missile force.Shortly after Trump tweeted that he and the first lady were awaiting test results but before he confirmed that they were positive, <a href="https://twitter.com/TimInHonolulu/status/1311885172862668801">Tim Hogan, an open-source intelligence practitioner, tweeted</a> that E-6Bs were suddenly visible flying along both coasts.His tweet, which drew the interest of thousands of users, said: " I would expect them to pop up if he tests positive. It's a message to the small group of adversaries with SLBMs and ICBMs."Several reports linking the flights and the president's announcement followed, but <a href="https://twitter.com/steffanwatkins/status/1312017221452009477">experts</a> and <a href="https://twitter.com/TheDEWLine/status/1311991560167399424">aviation reporters</a> were quick to point out that E-6Bs are regularly in the air for one reason or another and can be found on flight tracking sites."It is very routine to have E-6s up. Do not read anything into this, it isn't a message to anyone," <a href="https://twitter.com/NarangVipin/status/1311997216630939648">Vipin Narang, a political science professor at MIT and a nuclear weapons expert, tweeted</a>, adding, "In terms of nuclear command and control, the concern isn't communication but chain of command in case of POTUS incapacitation, but we are nowhere near there yet.""E-6B TACAMOs showing up on ADS-B tracking sites means nothing. They are up all the time," <a href="https://twitter.com/Aviation_Intel/status/1311921052763602944">Tyler Rogoway, the editor of The War Zone, tweeted</a>."Tim doesn't know what he's talking about, and there is nothing unusual about any E-6 movements," <a href="https://twitter.com/i/status/1311991823087202304">open-source analyst Steffan Watkins tweeted</a>.US Strategic Command, which oversees the US strategic nuclear forces, told Insider in a statement that "these flights were pre-planned missions," further explaining that "any timing to the President's announcement is purely coincidental.""There's been no change to DoD alert levels. The US military stands ready to defend our country and interests. There's no change to the readiness or capability of our armed forces. Our national command and control structure is in no way affected by this announcement," Pentagon spokesman Jonathan Hoffman said in a statement.The Pentagon added that there are no plans to have Secretary of Defense Mark Esper, who is traveling overseas, return to the US early.A<a href="https://twitter.com/LucasFoxNews/status/1311988370021724160"> senior defense official told Fox News' Lucas Tomlinson</a> that there has so far been "no change to the posture" and that "the President remains the commander-in-chief."

No, the US military did not mobilize its 'doomsday planes' in response to Trump's COVID-19 diagnosis

<keyword id="6358070" type="LOCATION" weightage="20" keywordseo="mumbai">Mumbai</keyword>, Automobile manufacturer <keyword id="42747" type="DOMAIN" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> on Saturday launched the 'i-Turbo' <keyword id="396427" type="PERSON" weightage="20" keywordseo="variant">variant</keyword> of its premium hatchback, <keyword id="7364940" type="COMPANY" weightage="20" keywordseo="altroz">Altroz</keyword>. The variant's petrol version starts at ₹8.25 lakh while the diesel version costs ₹9.45 lakh. As per the company, 'iRA' comes with 27 connected car features along with natural voice tech, through which the car understands commands not only in 'English or Hindi, but also in Hinglish'. Besides, it is <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>'s first hatchback to introduce What3Words technology - a precise &amp; unique tool that makes navigation easier than before. The new variant is powered by a 1.2L turbocharged <keyword id="2941346" type="COMPANY" weightage="20" keywordseo="BS6">BS6</keyword> petrol engine. Additionally, the Company has added a new top of the line 'XZ+' variant in a petrol and diesel fuel option to the Altroz family. Tata Altroz was the first product on the 'ALFA' architecture. It was launch in January 2020. Over 50,000 Altroz units have been sold within its first year of the vehicle's launch. "We are delighted to share that with its introduction, in FY21, our market share in the hatchback category has increased by 5.4% compared to last fiscal and we have captured 17% market share in the premium hatch segment," said Shailesh Chandra - President, Passenger Vehicles Business Unit, Tata Motors. SEE ALSO: <a href="https://www.businessinsider.in/policy/economy/news/recession-in-india-will-end-latest-by-march-says-a-top-economist/articleshow/80399198.cms">Recession in India will end latest by March, says a top economist</a> <a href="https://www.businessinsider.in/tech/news/amazfit-smartwatch-gts-2-review-feature-rich-but-theres-still-room-for-improvement/articleshow/80398998.cms">Amazfit GTS 2 review – feature-rich, but there’s still room for improvement</a> <a href="https://www.businessinsider.in/tech/apps/news/whatsapp-to-soon-introduce-voice-and-video-calls-for-web-multi-device-support-jiomart-integration-and-more/articleshow/80398791.cms">WhatsApp to soon introduce voice and video calls for Web, multi-device support, JioMart integration and more</a>

Tata Motors launches premium hatchback Altroz's i-Turbo variant, starts at ₹8.25 lakh

<div class="image-container float_right" style="width:400px"><div class="image"></div><keyword id="6354576" type="CITY" weightage="60" keywordseo="Facebook">Facebook</keyword></div>Facebook's Chief Accounting Officer David Spillane is out the door as of May 10, Facebook reported today in documents <a href="http://www.sec.gov/Archives/edgar/data/1326801/000119312513192397/d530318d8k.htm">filed to the SEC</a>.
He'll be replaced by Jas Athwal.
Spillane made <a href="http://www.businessinsider.com/sheryl-sandberg-and-facebook-execs-sell-stock-2012-11">news in November when</a> he was one of the Facebook execs to sell off millions of dollars worth of stock. He sold 256,000 shares then, more than half of his vested shares, for $5.4 million. In January, <a href="http://www.businessinsider.com/facebook-insider-stock-filings-2013-1">he sold 60,000 shares for $1.6 million</a>. As of April 15, he still owned about <a href="http://www.sec.gov/Archives/edgar/data/1326801/000120919113021657/xslF345X03/doc4.xml">160,000 shares</a>, according to documents filed with the SEC.
Facebook says that Spillane tendered his resignation on April 25 and gave no reason for his departure.
Facebook <a href="http://www.businessinsider.com/facebook-q2-earnings-2013-5">today reported mixed results</a> in its earnings: a beat on revenues and a miss on profits: Revenue was $1.46 billion vs $1.44 expected and EPS: $0.12 vs $0.13 expected.
Here's what Facebook said to the SEC about Spillane and Athwal: 
On April 25, 2013, David M. Spillane, the Chief Accounting Officer of Facebook, communicated his intention to leave the company, and Jas Athwal was appointed to the role of Chief Accounting Officer of Facebook. Mr. Athwal’s appointment will be effective May 10, 2013.
Mr. Athwal has served as Facebook’s revenue controller since he joined the company in 2008. Mr. Athwal holds a B.S. in Business Administration, with a concentration in accounting, from San Jose State University.

Facebook's Chief Accounting Officer David Spillane Is Leaving

<ul><li>The pandemic has transformed the <keyword id="6354839" type="General" weightage="20" keywordseo="marketing" source="Orion">marketing</keyword> playbook as brands are having to rethink their strategies to pivot to stay relevant in this new world order. </li><li>We speak to <keyword id="169965" type="General" weightage="20" keywordseo="Shashank-Srivastava" source="Orion">Shashank Srivastava</keyword>, Senior Executive Director, Marketing and Sales, <keyword id="44883" type="General" weightage="20" keywordseo="maruti-suzuki" source="Orion">Maruti Suzuki</keyword> who walks us through the brand's experience through the last two challenging year. He tells us about the brand's marketing strategy and the key areas of focus going ahead.</li></ul>Even before the pandemic hit our lives and businesses all over the world, the auto sector in India had been witnessing a slowdown. The transition from BS4 to BS6 norms in the country had led to this slowdown back then and hopes of things falling back on track were squashed as the pandemic hit us in March 2020. The lockdown impacted the industry. It resulted in the shutdown of production at <keyword id="451306" type="General" weightage="20" keywordseo="original-equipment-manufacturers" source="Orion">original equipment manufacturers</keyword> (OEM) and disrupted the value chain of major industries in India. In fact, the Society of Indian Automobile Manufacturers (SIAM) said that auto sales across segments in India slipped to a six-year low in the year ended in March 2021. However, what this led to was a pent-up demand for vehicles in the country. In fact, with the pandemic, people wanted to own their own vehicles to travel safely leading to a healthy bounce back on the demand side. The global shortage for semiconductor still remains and with Covid numbers rising again, most analysts are cautiously optimistic about 2022. To understand how things have been for Maruti Suzuki since the pandemic, and what the year ahead holds for the brand as well as the <keyword id="34478" type="General" weightage="20" keywordseo="auto-industry" source="Orion">auto industry</keyword> in general, we spoke to Shashank Srivastava, Senior Executive Director, Marketing and Sales, Maruti Suzuki. Excerpts: Q) The world has been going through some challenging times in the past 2 years. How has Maruti Suzuki fared in these unprecedented times? If you take a quick look back at the Indian auto industry, we saw a peak in terms of sales in 2018-19 when we had around 3.7 million sales. In 2019, the BS4 to BS6 transition led to a slowdown for the Indian auto industry. In fact, the industry came down about 18% in 2019-20. At the start of FY20-21, there was a lot of hope that it will be a better year. Unfortunately, the year started with a lockdown. In fact, the sale in April, for the first time ever, was zero. That quarter, the industry was down by 80%. But from there, we suddenly saw a bounce back. We also saw a huge shift towards digitization and a lot of consumers started using that for the sales process. The year ended well. In fact, our highest monthly sales happened in October. Then, we were hit by the second wave in 2021 and this time the virus also affected the rural areas. However, towards the second half of CY 21, ie July onward, we had the semiconductor shortage. Despite the twin challenges of the pandemic and the semiconductor shortage, the industry ended the year with 3.1 million car sales. And the 3 million mark has only been breached twice before this, in 2017 and 2018. So going ahead, we are optimistic about the demand. Of course we are being cautious in our optimism because perhaps we have the third wave coming. However, the industry has learnt to cope better and therefore we are much more optimistic about 2022. Q) In the past two years, there have been massive changes in consumer behavior. How did you have to pivot your marketing to be relevant in these challenging times? There have indeed been some big changes in the consumer behavior. Firstly, people are moving towards personal mobility from public transport, thereby fueling the demand for the industry. Secondly, many people are buying cars, more for the sake of practicality than for their aspirations. This has resulted in an increase in first-time buyers. Also, due to loss in income and business, we have witnessed a telescoping of demand. People from a higher variant are moving to a lower variant which has also led to a huge demand for used cars. Meanwhile, theprocess of buying has also altered and consumers have become digital savvy. Digital inquiries have increased from 15% to close to 40% now. In terms of communicating with our consumers, we have observed that trust has become an important factor for brands now. Trust is the new currency of brand recognition. And that’s what we have tried to do. During the lockdown, it wasn’t about selling but we would put out messages to spread social awareness, regarding environment, sustainability or our CSR activities. And during adverse times, people tend to move towards a brand which is more reliable and trustworthy and that is an advantage we had. We also saw people’s media habits change. There was an obvious shift towards digital and on TV, GECs and News did really well. So those were the mediums we really used and it has given us good results. Q) What is your media mix? Has your digital spend come very close to your TV spends? Our digital spends have gone up and are now close to 27% of our overall spends, and we spend roughly 31% on TV. And the general projection is that our digital spend will exceed our TV spends in a couple of years. And this year, our media spends will be much higher than 2021. Since in 2022, we are planning many new launches, our spends around launches will go up. There will be an increase in tactical spends this year too. Q) Buying a car is a very touch-and-feel experience. People want to visit a showroom, see the car, test drive it before making the final decision. From that perspective, how challenging have things been, since we are again staring at a possible third wave. Our research on the consumer buying process has revealed that from the time a customer thinks of buying a car till the time he actually buys it, there are 26 checkpoints. Out of those, we have digitized 24 touchpoints including payment and financing. However we know that buying a car is the second largest purchase for a consumer, after buying a house. So there are 2 checkpoints which are not digitized, including test drives and delivery. Therefore, the challenge for the OEMs and the manufacturers in the auto industry is how to develop a digital platform that gives customers the confidence that it is safe and that’s what we are trying to do. We’ve made sure the SOPs we have put in place are strong and people feel safe when they visit us which is why our walk-in inquiries have come down only marginally even post Covid. Q) How much focus will be on regional communication going ahead? We are transforming our media strategy in response to an increased focus on vernacular and for the last few quarters, we have focused largely on vernacular. Today, even OTT platforms are focusing on vernacular. It is a fast changing ecosystem and we’re keeping a close watch. Q) Till a few years back, Print used to be an important medium for auto as a segment. Does it continue to be important for Maruti Suzuki? From an awareness point of view and a top funnel activity, for building consideration, use of print has reduced dramatically. However, for the lower end of the funnel activity, which is at the localized level, you still need print. Q) The conversation around EVs is heating up. Where does Maruti Suzuki stand? There is consensus in the industry that going forward EVs will become mainstream. But when we reach that point of inflection when there will be large scale adoption is not yet clear. So the question at this point isn’t whether, its when! When it happens will depend on how quickly the cost of acquisition of EVs will come down. Worldwide, electric vehicles are just around 2% of the total industry. The slower adoption is due to high cost of acquisition, inefficient charging infrastructure and the high cost of battery technology. Most analysts are pointing out that by 2030, roughly 10% of vehicles in India will be EVs. Our short-term goal should be to focus hybrid and CNG, to help the environment. Q) As a marketer, what are your key focus areas going to be going ahead? Maruti Suzuki is already one of the most trusted brands. But trust has become a big factor that helps us build differentiation. So we will continue building on that trust. Secondly, we will continue conveying to consumers that we are continuously bringing products that they require. Also, from a marketing perspective, today its no longer about the product alone but about mobility as a service which includes subscription offers, financing, etc. Our aim would be to come up with products and offerings that can make everyday life of our consumers easy.

Our current spends on digital and TV is 27% and 31% respectively but our digital spends will exceed TV spends in a couple of years: Shashank Srivastava, Maruti Suzuki

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Business Insider, the fastest-growing digital business publisher, is hiring an Accounting Manager to help us grow and manage the business. We're a dynamic digital publishing company reaching the new generation of business leaders. The Accounting Manager reports to the VP, Finance and is responsible for the day-to-day accounting operations of the company, financial statement preparation, annual audit support, and more. The position requires an experienced accounting professional capable of managing multiple priorities in an environment that some would describe as chaotic, but that others would describe as awesome.Responsibilities:<ul><li>Prepare and oversee monthly close for the US and UK; manage the general ledger reconciliation </li><li>Lead the yearly financial audit for the US and UK; act as audit liaison </li><li>Supervise AP, T&amp;E, and client receivables process</li><li>Manage tax calendar, ensure compliance in all areas of operations</li><li>Own the treasury function and manage banking relationships</li><li>Supervise and manage staff accountant; ensure timeliness and compliance with internal control and adherence to GAAP principals</li><li>Assist the VP, Finance with the selection and implementation of new accounting system </li></ul>Desired skills <ul><li>6-8 years of relevant accounting experience</li><li>BA/BS Accounting degree</li><li>Solid knowledge of US GAAP; international accounting experience a plus</li><li>Strong analytical and communication skills</li><li>Well-developed problem-solving skills; able to discern alternatives and make objective recommendations</li><li>Detail-oriented and organized in work</li><li>Ability to work effectively with other business groups; ability to remain flexible in a fast-paced environment</li></ul>Please <a href="http://jobsco.re/1CzL4YX" target="_blank">apply online</a> to let us know why you're a good fit for this positions. Thanks in advance. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/what-earth-would-look-like-if-ice-melted-world-map-animation-2015-2">Animated map of what Earth would look like if all the ice melted</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5xam5iczrSx4Ibx8MvarDsu3zOG88omE" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "what is bs6" and got 13 results

What is BS6 Engine Technology?

BI India Bureau

Armed forces might get an exemption from new vehicular emission norms

BI India Bureau

Supreme Court withdraws order of registering BS-IV vehicles post lockdown

IANS

India to switch to world's cleanest petrol, diesel from Apr 1

PTI

It's time for Elon Musk, Jeff Bezos, and other billionaires to 'step up' and help end hunger crisis, says head of UN's World Food Program

Sarah Jackson

Former India wicket-keeper Ratra uses lockdown to complete Cricket Australia coaching course

PTI

Hero Moto share price has fallen 33% from recent peak— and it may fall another 12%

Sriram Iyer

457 plans: The retirement option for nonprofit and government workers

Aly J. Yale

No, the US military did not mobilize its 'doomsday planes' in response to Trump's COVID-19 diagnosis

Ryan Pickrell

Tata Motors launches premium hatchback Altroz's i-Turbo variant, starts at ₹8.25 lakh

IANS

Facebook's Chief Accounting Officer David Spillane Is Leaving

Julie Bort

Our current spends on digital and TV is 27% and 31% respectively but our digital spends will exceed TV spends in a couple of years: Shashank Srivastava, Maruti Suzuki

Samarpita Banerjee

Business Insider is hiring an accounting manager

Sarah Whalen

Popular Keywords

Buying Guides