Aftermath of BUDGET 2013-2014

Tax credit of 2000 in the 1^st tax slab of (2-5 lakh) is going to affect 1.8 crore people of INDIA.

To boost the infrastructure two IDFs (infrastructure debt funds) have been announced. Currently there are two companies in which one is INDIA INFRA DEBT LIMITED , a NBFC and collaboration of  ICICI,CITIBANK,LIC and Bank of Baroda collaboration .

Tax- free bonds worth Rs 50,000 crore will be allowed in this year. This will create capital for companies like IIFCL (Indian infrastructure finance company limited ) which are generating this tax –free bonds to fill their shortage of funds.

RAJIV GANDHI EQUITY SAVING SCHEME ( which offer a deduction under 80 CCG which can act as a boost for domestic investors )is back with some tweaks like the entry limit have been changed from 10 lakh salary holders to 12 lakh salary holders . Its 3 year tax benefit is surely going to attract small investors in the domestic capital market.

In this era of finding a shelter over your head, this budget has announced something really good. For the first time home-loan appliers , there will be an additional tax benefit of 1 lakh on the interest amount paid  upto a loan of 25 lakh in fiscal year 2013-14 . This will come as a relief to first time home buyers over the original 1.5 lakh interest paid on home loan.

New bonds like inflation indexed national certificates or inflation indexed bonds by RBI will also going to attract small investors.

For the female group announcement of an all woman-powered female bank by the month of October is seriously good news. Easy to get loan for females in these banks without a sense of alienation  

Same KYC form for banks is also going to work for new insurance policies so somewhere lesser paper work is going to attract insurance funding.

With a dedicated debt exchange within stock exchange, debt market is sooner going to be relieved.

The main eyes were on the subsidiaries announcement for fertilizers and fuels ( biggest import of india 2474 INR billion imports ) which was less than what was required ( instead of 1 lakh approx for fertilizer it received only 65000 crore . This compensation can only be seen as reflected in steep increase of fertilizer price in future or by under compensating with fertilizer companies. By increasing fertilizer prices will have a triggering effect in increased food prices and so farmers will demand high minimum support prices.

Same is the situation with fuel subsidiaries, with the shortfall of what is actually needed in this budget year, seeing the trend 65000 crore fuel subsidiaries will not be sufficient for upcoming budget year 2013-2014 and it will be met in sharp increase in petro-products so the triggering effect in other commodities.


Ref- Firstpost articles 

To- Do List

Whenever you find yourself like you have an empty mind, no thoughts running inside of your head; pick up a  pen and paper and start noting down the thing you wanted to do in your life. The “to-do” list is kind of a reflection of “goals” of your personal life.

 Right now (at the point of writing this point), I am kind of doing nothing (sitting in office doing monitoring) , I don’t have a paperback notepad with me however I do have a notepad.

 So here it is my current “to-do” list.

1.         To do bungee jumping ( yes simple and safe thing to measure the value of g)
2.         To sing aloud in the front –stage of a foreign band (obviously a song from my favorite band which I have on my mind always)
3.        To do a bike-ride on the less-traveled roads of Leh with a companion , more or like a road trip( one of my college friends , yes I don’t want a female company to ruin this trip )
4.         To gain some teaching experience ( yes some social work)
5.        To see a beach (already did it but at the age of 26 quite late :/)  ✓
6.         To shout from the top of a snow-mountain
7.         To jump from a plane or simply say skydiving
8.       To become an excellent photographer
9.             To have a date with a complete stranger in a single night
10.           To propose a stranger without getting a harsh reply 
11.           To dance ( hip-hop professional dance)
12.            To do a ball-dance with a pretty girl
13.             ………

Currently I have only these things in my mind. I will keep updating my wishes  in this list time to time . :)

What's yourS???

Story in the brown briefcase

Lots of hopes are there from the movie “The Financial budget of 2013-2014” releasing on 28^th feb 2013, directed by Palaniappan Chidambaram, our dear finance minister.

 I hope they will take care of the following points:-

1.           Curbing the revenue deficit ( Difference between recurring incomes which include taxable and non-taxable receipt and the expenses like salary ,asset-creation, maintaining the judiciary system, public utilities system)
2.            Curbing the inflation and controlling the account deficit (spending more foreign exchange than we earn) and at the same time taming the revenue deficit too.
3.             Inclusion of DTC ( Direct TAX code) – simple transparent and non-discriminatory  system of taxing
4.             Increased investment in infrastructure which will again lead to asset-creation expenditure of government.
5.              By raising revenue and Cutting expenditure trying to contain wide fiscal deficit.
6.               Taxes should be raised however instead of raising tax rates; no. of people paying taxes should be increased.
7.                Tax-exemption and taxing of “super-rich” should be redefined.
8.                By playing with excise duty ,revenue can be increase however within the controlled inflationary impact
9.                 Subsidies should be trimmed gradually and money should be transferred to the “needy” through Public welfare system on products like fuel and fertilizer.
10. .            GST- Group Service tax – It should be implemented with increased area of service tax.

People will take some time however eventually they will comply with it.

Eyes will be also on “DIESEL”, the main villain of the market.

Nowadays where smalls car are getting relaxation of excise slab of 12 %, at the same time SUVs and SEDANs are getting whipped by 25% and 27% of excise rate respectively.  So after getting a beating in all the previous budgets, Society of Indian automobile will look for some hope this time and in that too the story is more different for DIESEL cars.

As diesel prices are going to be increase in gradually manner, diesel car manufacturers are hoping for no increase in tax on diesel car.

Fun Fact: - only 2 % of total diesel consumption is used by private cars and taxis so it would be wrong to imagine that large CARS and SEDANS are using subsidized diesel and thus should be levied more.

Also SIAM is thinking of protecting the commercial vehicle segment from cheaper imports and gramin seva vikrams also called “jugaads” (production of medium and heavy commercial vehicles have been dropped by 19.13% in last year) by an increase in custom duty by 10% to 40 %.

Above all of that government need to keep pace of its infrastructure development programs, employment generation with the slow GDP Rate (hoping to increase in next quarter). Government should work in clearing the pending issues of land acquisition and other problems so that private investors can kick in. Government reform programs can increase the confidence and thus boost the investment in GDP Growth. 

Flight of a new dawn

Click to see the pic in enlarged mode

And here I am posting my blog 

in a new year,a new year with 

new beginning and new hopes.

I am sincerely hoping that it would 

be successful for me and all my 

efforts and hard work to be paid off 

well.

It will be a chance to starts all over again. As someone quotes:-

 “Today is a new day. It’s your day. You shape it. Don’t let it be shaped by someone else’s ignorance or fear.” - Anonymous

I will try to improve my thinking towards more rational, more questionable and more scientific side 

and encourage my colleagues, my friends, my acquaintances for the same because I was very much 

disturbed from the events of last year which I would like to remind { we the INDIANS literally believe 

in doing something today and forgetting it on the next day } like the Delhi NCR rape case, the BODO-

MUSLIM fight, the MALALA case , the INNOCENT of Muslim case, the Corruptible Government 

incompetency and many more which can only be avoided by the means of opening our minds in a 

rational way towards the things we see, we feel and we hear. 

So it will be good if we just don’t repeat the New Year wish like a “thing” and make a NYR – New Year resolution- which we never follow.

Respect your tongue. Hold your promises. Hold your beliefs. Take a stand. Follow your NYR.

Let bring confidence in saying “Yes, I am an INDIAN “.

And in the end I Just want to say…. “Happy new year fellas”.

P.S. :- My NYR is to keep alive my inner soul like it was in previous year and keep up doing some good work for my country. 

Welcome to the realm of blogging

One of my friend , oh sorry a poet friend created recently his blog on blog-spot domain.

My friend, Mr. Kaviraj Tarun,  is currently working with me in my company and only recently I have been acknowledged with his hidden talent which was kind of very fascinating for me.

Here are some lines by him which can give you a glimpse of his talent.


ज़ज्बात बढ चले हैं ज़ज्बात से मिलने ;

ये पाँव चल पड़े हैं अब आप से मिलने ;

कि अपनी आँखों को अहिस्ता बंद कर लो ...

मेरे ख्वाब उड़ पड़े हैं तेरे ख्वाब से मिलने ||~|| कविराज तरुण 


You can find more about him on his blog website.

Click here to reach his poetry world

Way to go Tarun...best of luck for you poetry and blogging career.....

The Girl at Yamuna Bank

Date :- 25th Dec 2012

Place :- Agra

It was a Misty morning
   Taj was all trying to lurk out from its hazy milieu .
   There was so much crowd in Taj gallery gathered to have a look of one of the greatest architecture marvel of modern world.
   The crowd was growing hour by hour and at the same time TAJ was loosing its space for the serenity it provides me since the first time I visited it.

So I went to nearby Yamuna river bank ( Dashera Ghat), one of the holy rivers of ancient India, not so holy now thanks to the cities situated on the bank of  it and their sewage plan.

There was some Hindu GOD and GODDESS idol lying there trying to find their secured places from the person who used to come there often to wash their sins, to request them to fulfill their desires and many more and suddenly this Girl came from nowhere in the mid range of my digi-cam's  view finder and the misty Taj and thus I captured "the Girl at Yamuna Bank".

Love at first sight....

Sometimes you want to Give up The Guitar

Sometimes you'll hate the Guitar.

But if you stick with it,

You'are gonna be rewarded. 

However I am just afraid that tomorrow is MONDAY

Date: - 23^rd December 2012

Location: - Agra

Thought coming from a mind which is still in hangover of SATURDAY Night fever

Well I just woke up and as usual started face-booking from my mobile to break away the chilling winter morning spell.  

What was I expecting that the Q-tiyapic stand of government will continue today again near RAISENA hills over the protesters who are gathered there to show support for that “Brave Girl” {who did nothing wrong in the evening of 16^th December  2012 but still suffering for her life }, however it was nothing like there .

P.S.:- FB feed works much better than those paid media news feed.

The Q-tiyapic stand has been elevated to next level like

è The Metro stations, which are near to RAISENA Hills (Rastrapati Bhawan), have been closed after yesterday mid-night - seriously L.O.L., what does the government think, that closing the transport system which has been built by the people’s money for the people who actually need it will help them to stop the protesters from reaching there? There was transportation services before the arrival of metro and it still exists}.              

 And as you can see, people are there at INDIA gate in a number far greater than yesterday, even small children are there.

è Section 144 over the nearby areas of RASTRAPATI bhawan to secure some “ VVIP” youth icons and other over most respected politicians  -  what do our government think  that India is a MIDDLE –east country whether they can launch this “so-called FATWA” anytime to secure themselves. Well protest will happen and it is still happening.

Even at this strange point of time GOD { Sachin Tendulkar} has suddenly said “adieu” to ODI cricket, which is hitting me like anything , forcing me to think that whether or not “ is it an another Red Herring to divert the home-sitting Indian class attention from the on-going protest over that “brave girl” issue.

After all GOD has taken a form of politician this year. He had taken an “OATH” for that.

Well if he was so eager to announce his retirement today, he should have done that thing on INDIA gate, this way he could have actively participated in protest and also announced his retirement in a GODLY manner. In this way he had another world record with him.

In this strange point of time, I seriously want to see those bright faces of Indian Politics which are so much concerned about Indian youth {Rahul Gandhi aka Rahul baba ( bachon wala baba not dhongi baba)}, Goddess respect (sushma swaraj who made a cry over the use of name “radha” in a bollywood song}, ethnic riots in different part of India (arun jaitley and others).

 I just want to ask them one simple question - “where are you now “. Come stand with us in our protest.

Anybody can be powerful when he is assured of his security. In Loksabha and Rajyasabha, anyone can speak a pre-edited speech in a fascinating manner. If you really care for the people who elected you just stand with them in their protest}.

Well I just don’t want to see this protest getting finished like the way protest for LOKPAL support happened.

I want to see this coming and getting echoed in every room of RAISENA Hills. Not a capital punishment but I want want security and respect for women in India.

I want to be the part of a change. I want to ROAR with this INDIA’s voice.

 However I am just afraid that tomorrow is MONDAY.

Stop this "FaceSHIT"

Seeing so much of the news about “the” Delhi Gang Rape case happened day before yesterday, the sympathy of the "males" including some of the "husbands" who beat their wives at their home, some "bosses" who harasses their female employees , some "youths " who teases their gals classmates more often and some feminists including who ignore comments of their counterparts more often and in a way boosting their morals , I am very much overwhelmed by these kind of things after knowing that in my own country , there is another country of “FB-thinkers” is there.

Well I just want to say all of them that it’s very good to “bark” over the internet playground “ Facebook” over these issues , flooding your “walls” with protesting pictures, castrating organs message, the hatred status messages with p.s. like “let’s see how many of you really want to kill them .. like it “, changing your cover picture and display picture in some kind of black colored picture { showing protest to our society} and re-posting some of the “stupid” page updates , however it just takes courage to introspect things.

I was really amazed when someone started posting about the death of that gal . I was totally stoned after  I realized that how FB is exploiting someone’s mind that he/she is using that poor gal’s death to increase hits on his/her page. Then only I started thinking of writing this post.

These things are happening because we are letting them. We need a society reform to stop such kind of thing. Till now you must have realized that government can’t do anything and if you are not then please stop reading this post. Just like you protect your home by putting a lock on the main door , start protecting your society with these mentally retarded freaks.

Start the idea of self-regulating. There is enough knowledge to exploit medium class youth in good way. Start seeing with a “give-respect” eye to your female counter-part in your home, workplace and public place, start changing yourself, start shouting whenever you see these kinds of retards doing such kind of things.

Come out of Facebook and do something to note down in your “Realbook”.

USSD codes part 2...make ur android phone safe from Hard Reset and Soft Reset USSD code

“Necessity is the mother of invention”. When someone said this, he/she didn’t think whether the “invention” is going to be used for the welfare of mankind or for the destruction of it. They (the inventors) were just like the hunters who were hunting in the field of science to discover something new which can ease the mankind.

 However the humans, for whom they were hunting, weren’t all the same. They mended the inventions, the discovery according to their own use.  Like someone used nuclear reaction to establish a Tower of free clean nuclear energy to suffice the growing energy need of population while someone used it to develop nuclear arsenal to put an end to the war to make a firm stand in the war of nations.

Everything, every discovery, every invention has its benevolent and malevolent properties that just depend on the persons using them. Like the android operating system, an open – source operating system developed by Google initially , which is booming these days as the best ever operating system for smart-phones as compared to windows for Nokia, IOS for I-phones and etc.

As it is open source, so it is being developed simultaneously by different developer day to day and simultaneously its vulnerability is increasing from the threats too. 

In continuation from my recent post on the use of USSD codes as a method to erase your phone data from your phone browser(click here to read it) here I am again with two USSD code which can give soft and hard reset to your android phone.

Soft Reset Code for Android: *#*#7780#*#*:- This USSD code will simply put your phone to default settings. It will delete your phone account setting, system and application data settings and downloaded applications.

However it won’t delete your default applications, natural software and files on memory card.  

Hard Reset Code for Android: *2767*3855#:- This USSD code will put your phone in FACTORY settings (a shortcut for factory setting to your phone with bypassing the passwords you have set to access this setting).

It will simply clear all the setting, all the internal memory, all the files which you have in your phone till now. In short it will make your phone new like as just out of Factory (the reason because of which it is called as Factory reset mode).

If you run this USSD code, your firmware will be re-installed. However if you run this code , neither you will get any notification nor any permission requests, the only way to stop it is to pull  battery out of your phone , however I don’t know how it will effect to your phone if you do this in the middle of the process. 

So if you want to feel safe for your phone either handover your phone on trust-able guys or make it secure by using access code or pattern lock feature because you don’t know that whether the person you are handling your phone is either angel or demon from his/her mind .