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 economictimes.com 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."

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 timesofindia.com 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.
	Regards,
	Team TOI

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 economictimes.com 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."

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 economictimes.com 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."

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 economictimes.com 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."

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 timesofindia.com 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.
	Regards,
	Team TOI

A Comment on Raghuram Rajan being praised by Global economists

My Comment on an article "Global fund managers hail Raghuram Rajan for good work" published in the economictimes.com Dated 28/08/2015 at 11:30 pm. 


"True that Reserve Bank of India is gifted with such a good visionary and most capable man. 

His perception and predictions of ever changing economy are much reliable and based on deep analysis of facts and calculations. So he deserves all applaud in his own style of tackling the situations."

A Comment on the trend of markets as of now at the behest of China's bearish economy

My Comment on an article "Sensex may fall by another 1,000 points, Nifty by 300; Go short on rallies: Experts" published in the economictimes.com Dated 26/08/2015 at 10:30 pm. 


"The present trend may not be too much alarming. It is only a temporary fall which should last for very brief time. 

Already some crucial decisions have been taken by the Chinese banks to control the recession and the downfall of markets. 

The immediate activity in markets should be beneficial for selling and earning whatever margins possible. 

Investors should stop in fresh investments or they should proceed very cautiously if taking risks. Watching the trends for 2, 3 days would be more advisable now."

A Comment on China adopting to cut in interest and repo rates.

My Comment on an article "China cuts interest rates by 0.25 percentage points" published in the economictimes.com Dated 26/08/2015 at 10.15 pm.

"It is a very smart and intelligent decision. 

On one hand, the RRR has been reduced by 0.25 percent and at the other end, they are reducing the lending rates also so that as much of funds can flow into the markets. 

This should aid in controlling the dwindling economy of China to some extent. And exports on the other hand, if boosted, should bring in the foreign exchange which also is an important element for the stability of any economy."

A Comment on an accusation of RBI governor Raghuram Rajan's policy by critics

My Comment on an article "Biggest threat to Modi govt's "achche din" is RBI governor Raghuram Rajan" published in the economictimes.com Dated 21/08/2015 at 10:40 pm.  


"I do not agree with this author's endorsement for a 50bps rate cut nor accept the charges levelled by him on Raghuram Rajan. 

Just like he is terming Rajan as hawkish and ill informed about realities, we can term this writer also as partial in his outlook and biased in his views. 

I don't think, a rate cut will solve the problem. Rate cut can, on the other hand, lead to more funds in the hands of public and thereby inflation also. Simply implementing rate cut can't lower the burden on housing sector. Construction material should also be available at lower prices. 

Governments should impose more strict adherence for passing on of benefits of all social reforms to the common man instead of getting stuck up in the hands of middlemen."