Wednesday, 29 June 2016

A Comment on holding social media platforms responsible for content hosted by them

My Comment on an article "New GST Bill will hold Facebook, Twitter responsible for hosted content: IAMAI" published in the Dated 28/06/2016 at 10:50 pm. 

"There should be some intermediary solution to this problem of holding social media platforms fully responsible for the content hosted by them. 

These platforms can not monitor and check each and every item they are hosting. It is practically impossible. 

You can't torture these free hosting sites like this and deprive the people of the rights and facilities enjoyed by them due to the free services these platforms offer." 

A Comment on a Chinese paper depicting Indians as having low morals and spoilt

My Comment on an article "Indians self-centered, spoilt, have low morals and blindly follow West: Chinese paper" published in Dated 28/06/2016 at 10:40 pm.

"Before talking about India, they should look at their own morality and ethics. 

They break all international laws in supporting Pakistan and others. 

They are spread all over India doing their various businesses and tell Indians should not leave India! One rule for themselves and another for India? 

The only thing is they are afraid India will become powerful. So, they are trying all means to demoralize India and Indians."

Wednesday, 22 June 2016

A Comment on withdrawal of PAN and shaming the names of Tax defaulters through media

My Comment on an article "I -T department to block PAN, LPG subsidy of tax defaulters" published in the Dated 21/06/2016 at 12:30 pm.

"Some of these can be good measures to make the defaulters shell their tax dues. 

Withdrawal of subsidy may not be so much effective in preventing defaulters as subsidy on LPG is very nominal since last year. 

But the withdrawal of PAN, rejection of the loans, shaming their reputation publicly by putting the defaulter names on the internet and on TV and newspapers and many similar tactics can be introduced to teach them lessons." 

Tuesday, 14 June 2016

A Comment on possibility of building Andhra Pradesh new capital Amaravati in 10 years

My Comment on an article "Chandrababu Naidu's smart capital Amaravati will not be made in a day or in 10 years" published in the Dated 12/06/2016 at 5:20 pm.

"I wish this could be possible within the time limit of 10 years. 

The administration and staff should cooperate with the CM and support the cause of building a great capital for Andhra Pradesh to make it famous around the world. It will be for their own benefit if their state develops. 

The central government should aid the state in solving their problems by providing financial support and moral support so that they can construct the new capital within the promised time period of 10 years."

A Comment on why investors look at safer investments like bank FD or KVP

My Comment on an article "What your bank FD, KVP can do in 8 years, these stocks did in 3 years" published in on 12/06/2016 at 4:50 pm.

"Nifty or NSE, stocks are always a good bet than FDs and KVPs. But,they involve great risks as well. 

It can, sometimes, turn out to be gambling with more zeal. 
Investors need to be smart and proficient and possess the capacity to bear in case of losses. 

That's why most people look at safer means of investment rather than bear a loss." 

Monday, 6 June 2016

A Comment on India reaching the stage of No-Power-Deficit in 2016-17

My Comment on an article "For the first time in history, India will not have power deficit situation in FY 17" published in the Dated 05/06/2016.

"It is a good news if it is reliable. 

Surplus regions can supply power to the other places that are in shortage of power so that every town and village gets power. But, you should access the correct position of every village and town and not rely only on the data collected from cities. Because sample surveys may lead to a wrong assessment of the position."

Thursday, 2 June 2016

A Comment on the impact of smoking 5 cigarettes per day on your Finance and health

My Comment on an article "5 cigarettes a day would cost you more than Rs. One crore by the time you hit 60" published in the Dated 31/05/2016.

"This is one horrible revelation! Too much unbearable and bitter truth. See how the author has calculate the costs very smartly to show you the burden that you are unknowingly imposing on your self and your family. Burning out Rs.1 crore is too much foolishness and it shows your irresponsiblity also.

One should realise this naked reality of the effects of cigarette smoking and the damage it does both financially and physically / mentally on his life and also on his surrounding people. 

Better try to quit cigarettes as early as possible."

A Comment on New tax changes that apply from 1st June, 2016

My Comment on an article "4 tax decisions that will impact your pocket from tomorrow" published in the Dated 31/05/2016.

"It is some relief and some pain. The Krishi Kalyan cess of .5% added to Service Tax making it now a total of 15% and the new tax of 1% imposed on Cars costing above Rs.10 lacs with effect from 1st June are pinching to your pocket. 

Now, you should think over twice while going to purchase luxury cars, or while utilising services that attract service tax.

But, the withdrawal of tax on purchases of jewellery up to Rs.5 lacs is a relief to people who may have to buy jewellery for marriage purposes, etc. 

Further, the limit of PF withdrawals with no TDS has been raised from Rs.30,000 to Rs.50,000 wef. 1st June."
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