Friday, 25 September 2015

A Comment on introducing pre-filling of tax forms by Central Board of Direct Taxes

My Comment on an article "Now, your income-tax forms will be pre-filled to ease e-filing" published in the Dated 24/09/2015 at 10:20 pm.

"Good move being taken by our government. The department of Central Board of Direct Taxes (CBDT) is taking many customer friendly steps recently, like implementation of e-filing of returns and automated processing of refunds. Now, this one more step of pre-filling of forms for the benefit of taxpayers.

The forms of taxpayers will get automatic feeds by relying upon previous year's data and also by taking into account the increased incomes that are known through records updated by customers periodically. 

So, at the end of the period, the taxpayer only needs to verify the figures and submit the return. It will ease the work of both the taxpayer and the I.T. departments also."

Sunday, 20 September 2015

A Comment on Research about Netaji's mystery

Your comment on the article ''Netaji mystery: More research needed on Faizabad saint'' is now displayed on Dated 20/09/2015 at 11:20 am.

''This mystery is taking very interesting turns and twists. Too much secrecy and precautions are being maintained by the governments and people involved in it. But how far?

The truth must come forward one day or another. None of the Indians believe that his death was due to plane crash. They are simply silent as they can not trace out the exact cause of his disappearance. But truth must be known.''

Thanks for sharing your thoughts.
 Team TOI

Friday, 18 September 2015

A Comment on US Fed keeping rates unchanged

My Comment on an article "US Fed keeping rates unchanged may be helpful for emerging markets: Wilbur Ross, WL Ross & Co" published in the Dated 18/09/2015 at 10:15 pm. 

"May be good for our Indian economy and other developing / economically weaker countries. 

And, as per the observations of Wilbur Ross stated above, the rate increase could have ended up with a much more impact than the actual rate increase that might have initiated by Fed, due to volatile market speculations and expectations of further increases. 

So, it is overall, a good decision taken by the members to not to increase it."

Tuesday, 15 September 2015

A Comment on recent improvements in Ease of doing Business in India

My Comment on an article "Ease of doing business: Gujarat bags top slot; AP, Jharkhand, Chhattisgarh, MP among first Five" published in the Dated 14/09/2015 at 10 pm.

"Seems there has been much development in easing of doing business now. 

Provisions and facilities for filing all bills, payments and taxes online has eased much tensions of the public. Now, there is no need for waiting in long queues. Every kind of business can be done at the press of keyboard at one's own convenience.

It is glad to see that many states have emerged with more or less better facilities for doing business. Gujarat has developed a lot within a shorter span of time. Andhra Pradesh has also been business friendly since many years."

Sunday, 13 September 2015

A Comment on Uber and Ola posing challenge to auto makers

My Comment on an article "Taxi-hailing apps like Uber, Ola could eat into auto sales: Anand Mahindra " published in the Dated 12/09/2015 at 2:30 pm.

"Competition is always good. There should be some competition or threat always, so that people does not indulge in taking undue advantages of the others. 

Now, car makers should come down with their prices, besides improving quality of features and providing technologically advanced equipments and tools in the vehicles. 

This is for the benefit of the consumers that Ola and Uber have emerged with their challenges."

Saturday, 5 September 2015

A Comment on Sensex hitting 14 month low in the first week of September, 2015

Dear Reader,
Your comment on the article ''Sensex hits nearly 14-month low ahead of US jobs report'' is now displayed on Dated 04/09/2015 at  4:50 pm.

''I hope it is not due to our non-performance. It is the result of European economy slowing down and the massive Chinese jolt.

The Greece breakdown and China slump has triggered all these fears and added to it is those of US speculations causing fears if Fed contemplates on hiking the rates in the nearby future.''

Thanks for sharing your thoughts.
 Team TOI
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