Start Investing for your skillset upgradation.
Nowadays you might have come across pink slip concept is growing in our country. That threat is not possible for someone who is upgrading his skillsets periodically.
Pink slip is a official notification from the management that these worker's position has been eliminated or that Worker's are no longer required for the organisation.
It is very important to upgrade your skillsets to the current market situations. Nowadays We need not require to visit institutions/campus. Everything is ready over the internet. Various avenue are available like seminars, workshops, conclaves, Webinar, online tutorials. You need to understand your skillsets which will boost your career and make you unique among your coworkers.
To take up certification exams in your domain requires money. Spending from routine monthly income might not be possible for few people. so plan your finances to boost your skillsets.
MentoTax recommends to allot at least 2% of your monthly income towards upgradation of your skillsets and also use the bonus/Exgratia/yearly perks given by employer to this.
Education Loans can be availed for higher studies and Upgrading your Skillsets. Interest portion of the education loan paid in a Financial Year is exempted under Section 80E of Income Tax Act.
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