Technology Blog

Budget 2023 – Income Tax  New Tax Slab 0-3 lakh- nil 3-6 lakh -5% 6-9 lakh - 10% 9-12 lakh-15% 12-15 lakh -20% Above 15 lakh - 30%   The e-Filing portal received 72 lakh returns in a day and processed more than 6.5 crores returns Basic Exemption limit under 44AD & 44ADA to 3 Crores & 75 Lakhs. Start-ups incorporated upto 31-03-2024 shall be eligible to claim tax exemptions under Section 80-IAC Carry forward Losses for Start-Ups increased from 7 Years to 10 Years  Lower Tax Rate for Co-operatives at 15%  Introduced Capital Gain Exemption U/s. 54 & 54F limit Upper Limit to 10 Crores.  Reduce TDS from 30% to 20% to EPF Rebate limit on personal Income Tax  U/s. 87A increased from 5 Lakhs to 7 Lakhs – No Tax if taxable income in 7 Lakhs – Only for New Tax Regime  New Taxes Slabs 0- 3 Lakhs Nil, 3- 6 lakhs 5%, 6- 9 Lakhs 10%, 9-12 Lakhs 15% and 12-15 Lakhs 20 % and Above 15 Lakhs and above 30%  - Only for New Tax Regime.  The highest su...

Entity Framework 7 (EF7) has introduced a new bulk update API that allows developers to update multiple entities in a single database round trip. This feature is particularly useful when you need to update large amounts of data, as it can help reduce the number of database round trips and improve performance. Here's an example of how to use the bulk update API in Entity Framework 7: In this example, we first retrieve a list of blogs using LINQ, just like in the previous example. Next, we loop through the list of blogs and update the URL property of each blog. Finally, we use the UpdateRange method on the context to update all of the blogs in a single database round trip, and then call SaveChanges to persist the changes to the database. By using the bulk update API in Entity Framework 7, you can significantly improve the performance of your application when updating large amounts of data.

If you are using EC2-Classic its time to migrate EC2-Classics to VPC EC2-Classic was a previous generation of Amazon Elastic Compute Cloud (EC2). AWS has announced that EC2-Classic instances will be retired on January 27, 2023, which means that any resources running on EC2-Classic will be terminated and will no longer be available. To mitigate this risk and ensure the continuity of your resources, AWS is offering an extension for a limited time for you to migrate your resources to Amazon Virtual Private Cloud (Amazon VPC). To request an extension, you need to follow these steps: Go to the AWS Support Center Choose "Create case" Select "Account and billing support" Select "Account" Select Category "Extend EC2-Classic timeline" Share your extended deadline in the body. It's important to note that you should take action as soon as possible, as the extension is only available until January 27, 2023. Migrating your resources to Amazon VPC will pro...

Use reserved instances: Reserved instances provide a significant discount (up to 75%) compared to on-demand instances. You can purchase a reserved instance for a one- or three-year term. You can also convert your on-demand instances to reserved instances. Steps: Go to the EC2 dashboard in the AWS Management Console. Under "Instances", click "Reserved Instances". Click "Purchase Reserved Instances" and select the type and number of instances you want to reserve. Select the term (1 or 3 years) and the payment option (all upfront, partial upfront, or no upfront). Review your order and click "Purchase" to complete the proces...