Wednesday, 25 November 2015

A Comment on Rains creating havoc in Chennai and MNCs accommodating their staff

Your comment on the article ''Chennai rains leave Tech Inc marooned; firms like IBM, Cognizant, Infosys enforce contingency plans, relocate key staff'' is now displayed on dated 25/11/2015 at 3:30 pm.

''Very much alarming situation in Chennai and Tamil Nadu. Rains have created much havoc, unexpected and inexperienced previously. So, it is a good gesture of these MNCs to accommodate their staff in safer places along with their families. Companies should think of the welfare of their staff who render their services honestly for the benefit of their Company.''

Thanks for sharing your thoughts.
 Team TOI

A Comment on How to plan and meet your financial goals and retire happily

My Comment on an article "How to meet your life's financial goals & retire happily" published in the Dated 25/11/2015 at 10:40 am.

"Very useful article. It deals with many financial goals of life like marriage, having children, buying a house,retirement plans, starting a business and many related issues. 

The author clearly detailed all possibilities and risks involved in each case with examples. It is a good guidance for all "

To buy a house, one should first save at least 20% for making down payment. So, save that much money in 2 or 3 years and then consider purchasing house. EMI should be not more than 50% of income. You should plan accordingly.

Possessing family requires similar planning. Your expenses will double or triple. So, you should be well prepared for it by increasing income and keeping an emergency fund in stock for meeting at least 6 months expenses and delivery expenses and you have to bear the expenses for child education for 21 years. All these require attention. 

Saturday, 21 November 2015

China's economic slowdown and effects on India.

My Comment on an article "China's economic slowdown adversely affected India: Raghuram Rajan" published on Dated 21/11/2015 at 5:50 pm.

"True. China has been always our trade partner and any economic slowdown in China will definitely affect our economy also. 

We import so many goods from China which are sold in China Bazaars all over the country, mostly cheap electronic goods and other commodities. 

Saying that their economy does not affect us is absurd. We partner in science and technology also and all these areas get affected."

Friday, 20 November 2015

A Comment on 23.55% increase of pay to central government employees as per 7th Pay Commission

Your comment on the article ''7th Pay Commission recommends 23.55% hike; OROP for civilians too'' is now displayed on Dated 19/11/2015 at 11 pm.

''Happy news for all central government employees. 23.55% increase in pay and accordingly corresponding increases in pension amounts are great welcome news.

The link insurance contribution ranges and minimum contribution amounts have also been substantially increased now to cater to their retirement benefits and social security plans.''

Thanks for sharing your thoughts.
 Team TOI

Monday, 16 November 2015

A Comment on Eating out and Telephony gets costlier from 16th November, 2015

My Comment on an article "Swachh Bharat Cess: Eating out, telephony gets costlier from today" published in the Dated 16/11/2015 at 1 pm.

"I think people can afford this much tax from their pockets. 

If you eat food for Rs.1,000 at any restaurant, the new service tax payable will be Rs.58 instead of Rs.56 previously charged till 14th November. So,you are paying only two rupees extra now on a Rs.1,000 bill. 

So, there should not be any grievance at all at this new Swachh Bharat tax."

A Comment on PAN card cost increased by Re.1 due to Swachh Bharat cess

My Comment on an article "Swachh Bharat Cess: PAN card gets costlier by Re.1" published in the Dated 16/11/2015 at 12:40 pm.

"It is a good step taken by the government to introduce Swachh Bharat cess @.50% on all services with effect from 15th November, 2015. 

But, the money so collected should be strictly supervised by administration and used only for maintaining a Clean India and for any other related welfare projects that may aid the poor and common man."

Sunday, 8 November 2015

Great success for Bihar CM, Nitish Kumar

My Comment on an article  "Bihar election results: 10 reasons for Nitish Kumar's win" published in the timesof Dated 08/11/2015 at 1 pm.

'''It is a Great Reward for Nitish Kumar's image. Winning the Bihar elections with nearly 2/3 majority is a great achievement.

He has been a great performer in developing Bihar both technologically and economically taking the inspirations from other developed and developing states of neighbourhood. 

Even though it requires much more labour and initiative from the CM and his team of performers, the present state of affairs in Bihar are much better than 10 years ago and it is all due to Nitish Kumar's vision.''

A Comment on Railways making tougher rules for cancellation and refund of tickets

My Comment on an article "Cancellation of rail tickets gets tougher" published in the Dated 07/11/2015 at 10 pm.

"The move being taken by Railways may be aimed with some good intention to curb malpractices and black marketeering. 

But, the real sufferers can be genuine passengers who might miss the train due to some unavoidable circumstances. Most of the train passengers belong to middle class and poor income category. So, if they miss the train and have to forego all the money, it will be a severe blow to their economic position. 

Government should adopt some other ways of curbing malpractices instead of introducing these new rules regarding cancellation and refund fees of tickets."

Saturday, 7 November 2015

A Comment on Kishore Biyani's next-gen Big Bazaar

My comment on an article "Kishore Biyani introduces next generation Big Bazaar, predicts death for online grocery players" published on on Dated 7/11/2015

"It's a good vision being foreseen by Biyani for his Next Gen Big Bazar. 

But, predicting death for other online grocery shops is unwelcome. It is something like establishing monopoly over the entire market. 

Hope that other business investors will also modernise their techniques and keep competing in the race to maintain fair play."
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