Gold drops 2.5 pct after data stirs deflation fears 11:34pm IST
The rupee fell at one point to a record low of 56.55 to the dollar, surpassing its previous 56.52 low.
Oil hits 18-month low near $90 on weak data, high supply 10:07pm IST
Friday, June 22, 2012
Stocks Gold Oil Rupee Down Today :)
Wall St slides on signs of global weakness 11:22pm IST
Gold drops 2.5 pct after data stirs deflation fears 11:34pm IST
The rupee fell at one point to a record low of 56.55 to the dollar, surpassing its previous 56.52 low.
Oil hits 18-month low near $90 on weak data, high supply 10:07pm IST
Gold drops 2.5 pct after data stirs deflation fears 11:34pm IST
The rupee fell at one point to a record low of 56.55 to the dollar, surpassing its previous 56.52 low.
Oil hits 18-month low near $90 on weak data, high supply 10:07pm IST
Wednesday, June 20, 2012
TATA Docomo Network no range #down across India
TATA Docomo Network no range across India. The complete network is down, including the customer care !
Approximate Wait Time: 188 min 59 sec Position in queue: 115 says online Customer care. Mobile customer care number is down too.
UPDATE 1:
TataDocomo no range at Bangalore, Bhuveshwar, Kerala, Chennai, Gujarat TataDocomo from 6.30 pm
UPDATE 2:
Some tweets say cable has some problem.
Monday, June 18, 2012
JoyAlukkas Money Exchange Now at Kochi
Joyalukkas Exchange is a part of Joyalukkas Group which is a global conglomerate and a world renowned brand in jewellery retails
JoyAlukkas Money Exchange Now at Kochi at
Ennel Building, Opp. Dwaraka Hotel,
MG Road, Kochi. Ph: 0484 6064440
joyalukkasexchange.com
These are the range of services
1. Foreign Currency Purchase & Sell
2. Money Transfer Facility
3. Travelers Cheque
4. Travel Card
5. Travel Insurance
6. Air Ticketing
7. Outbound Tours
8. Gold Coins
9. Gift Card / Gift Vouchers
10. Overseas Education Loans – Assistance
JoyAlukkas Money Exchange Now at Kochi at
Ennel Building, Opp. Dwaraka Hotel,
MG Road, Kochi. Ph: 0484 6064440
joyalukkasexchange.com
These are the range of services
1. Foreign Currency Purchase & Sell
2. Money Transfer Facility
3. Travelers Cheque
4. Travel Card
5. Travel Insurance
6. Air Ticketing
7. Outbound Tours
8. Gold Coins
9. Gift Card / Gift Vouchers
10. Overseas Education Loans – Assistance
Friday, June 15, 2012
Neyyattinkara election result today
The counting of votes of the Neyyattinkara Assembly by-election will begin at 8 a.m. The first trends should be available within an hour. The final result will be known well before noon. The by-election was conducted due to incumbent R. Selvaraj's resignation from the CPI(M) and the Assembly. He is seeking re-election on UDF ticket and is locked in a fierce contest with CPI(M) nominee F. Lawrence and BJP veteran O. Rajagopal.
selvaraj-wins-majority-6334-votes
selvaraj-wins-majority-6334-votes
Where to buy mohanlal spirit headphone ?
You might have seen this headphone used by MohanLal in the movie "Spirit" . It is called Retro Telephone Style Headset or Anti-radiation Retro Antique Style Mobile Phone Headset. Here are the results of my online research.
Source #1:Snapdeal.com @ Rs.799 /-
Link 1 Black
Link 2 Red
Source #2: Flipkart.com @ 850 /-
See the entire colours here
Source #3: dealsandyou.com
Rs.959 , available in black and red.
Deal Highlights
Red Retro Phone @ Rs 959
Color: Black
Specifications:
Compatible with mostly all 3.5mm jack mobile phones including iPhone, BlackBerry, Nokia, HTC, Samsung and LG
Volume control for ease of use
Elegant silicone rubber finish
No batteries required
"Why is it pointless?"
It isn't the most practical thing to pop into your shirt pocket and is likely to get you odd looks whenever you use it.
"Why is it cool?"
Whole generations are growing up without knowing the satisfaction of slamming down the phone on a rude salesman. The phobile lets you relive that old-school feeling without having to sweep up the remains of your new smart phone.
To be fair, attaching an old-school handset to a modern mobile is a bit like tying a typewriter to a laptop. But that's exactly why we love it. It doesn't make sense, but it's guaranteed to get a laugh and attract attention wherever you may roam. Imagine the look on people's faces when your mobile rings and you pull this whacking great relic out of your pocket.
Source #1:Snapdeal.com @ Rs.799 /-
Link 1 Black
Link 2 Red
Source #2: Flipkart.com @ 850 /-
See the entire colours here
Source #3: dealsandyou.com
Rs.959 , available in black and red.
Deal Highlights
Red Retro Phone @ Rs 959
Color: Black
Specifications:
Compatible with mostly all 3.5mm jack mobile phones including iPhone, BlackBerry, Nokia, HTC, Samsung and LG
Volume control for ease of use
Elegant silicone rubber finish
No batteries required
"Why is it pointless?"
It isn't the most practical thing to pop into your shirt pocket and is likely to get you odd looks whenever you use it.
"Why is it cool?"
Whole generations are growing up without knowing the satisfaction of slamming down the phone on a rude salesman. The phobile lets you relive that old-school feeling without having to sweep up the remains of your new smart phone.
To be fair, attaching an old-school handset to a modern mobile is a bit like tying a typewriter to a laptop. But that's exactly why we love it. It doesn't make sense, but it's guaranteed to get a laugh and attract attention wherever you may roam. Imagine the look on people's faces when your mobile rings and you pull this whacking great relic out of your pocket.
Wednesday, June 13, 2012
The Kerala Assembly monsoon session
Day 1 : The monsoon session of the Kerala Assembly began on Monday with a walkout by the Opposition Left Democratic Front ( LDF) members to protest against what they termed the government’s failure to save the State from garbage menace and the rising incidence of fever.
Day 2: The CPI-M-led Opposition LDF on Tuesday boycotted the proceedings of the Kerala Assembly protesting against the Congress-led UDF Government’s refusal to arrest PK Basheer, MLA of front constituent Muslim League who is the sixth accused in a case relating to two murders that took place at Kuniyil in Muslim-majority Malappuram district on Sunday night.
Day 3: The CPI-M led LDF Opposition continued their protest in the Kerala Assembly for the third day on Thursday. They were demanding the arrest of IUML MLA PK Basheer
The Kerala State Housing Board (Amendment) Bill, The Legislative Assembly (Removal of Disqualification) Amendments Bill, The Cochin University of Science and Technology (Second Amendment) Bill and The Kerala Government Land Assignment (Amendment) Bill were the bills that were thus passed in 15 minutes.
Day 2: The CPI-M-led Opposition LDF on Tuesday boycotted the proceedings of the Kerala Assembly protesting against the Congress-led UDF Government’s refusal to arrest PK Basheer, MLA of front constituent Muslim League who is the sixth accused in a case relating to two murders that took place at Kuniyil in Muslim-majority Malappuram district on Sunday night.
Day 3: The CPI-M led LDF Opposition continued their protest in the Kerala Assembly for the third day on Thursday. They were demanding the arrest of IUML MLA PK Basheer
The Kerala State Housing Board (Amendment) Bill, The Legislative Assembly (Removal of Disqualification) Amendments Bill, The Cochin University of Science and Technology (Second Amendment) Bill and The Kerala Government Land Assignment (Amendment) Bill were the bills that were thus passed in 15 minutes.
Tuesday, June 05, 2012
Mohanlal facebook link FB.com/ActorMohanlalOfficial
 |
| Mohanlal's original profile in facebook.com |
SPIRIT Teaser. is the first in timeline as of now.( Uploaded 7hrs ago )
Mohanlal joined Facebook. - May 30
Monday, June 04, 2012
Vegetable Prices Kerala 4 June 2012
Sunday, June 03, 2012
Friday, June 01, 2012
How Team ManMohan Singh is screwing Indians
The Team ManMohan Singh want Indian citizens ( common man ) to get their KYC done. Then he opens the door for black money to come to India via Mauritius. Even small kids know that Mauritius is a place where significant financial money laundering happens.
What is GAAR ?
General Anti-Avoidance (GAAR) is introduced by our finance minister in the last budget session to avoid the tax evasion of the foreign investors. At present situation, there is no Know Your Customer (KYC) formalities for the foreign investors. The money which is invested in the stock market is coming from a foreign entity, but our government has no rights to ask or verify the person name or identity to check the source of the money.
This leads to the huge amount of black money in India routes via hawala and coming back to the Indian market. General Anti-Avoidance (GAAR) is proposed to tap the tax evasion and puts the strict rules on foreign investors. It has been postponed due to the strong protest by the foreign investors and Indian entrepreneurs
UPDATE: Editorial from "The Hindu" Newspaper
The recommendations of the Shome Committee which went into the General Anti Avoidance Rules (GAAR) proposed in the Budget should be sweet music to overseas investors and companies even as they are bound to disappoint the tax administration and all those interested in equity in taxation. By recommending that it should apply only to cases where tax benefit is the main objective of an arrangement or transaction and not one of the main objectives, the Committee has taken the sting out of GAAR as originally envisaged. Rarely, if ever, can tax authorities prove conclusively that obtaining tax benefit was the main objective of an arrangement or transaction. The Committee’s report should also warm the hearts of foreign investors routing funds into India through sham companies based in Mauritius — it has explicitly stated that “GAAR provisions shall not apply to examine the genuineness of the residency of an entity set up in Mauritius”. In other words, a Tax Residency Certificate from Mauritius is enough to override GAAR provisions. This kills one of the most laudable objectives of the rules as envisaged in the Budget — that of plugging a loophole which foreign institutional investors exploited to avoid paying capital gains tax in India.
The recommendation to defer implementation of even these watered-down proposals until 2016-17 is the final nail in the GAAR coffin. The ostensible reason for this is that tax officers first need to be trained in the finer aspects of international taxation. It is doubtful if even these three years will be enough to impart our officers such deep knowledge simply because the tax-payer versus Revenue conflict is a cat-and-mouse game that evolves constantly. The protest from investors and companies over GAAR is understandable for its intent is to ensure they pay their due taxes. What is not understandable, though, is the government’s diffidence in seeing the Budget proposal through, especially because it is not new and is part of the proposed Direct Taxes Bill. Nor is GAAR a strange animal to overseas investors as many countries including Canada, China and South Africa have codified it in their tax laws. The U.K. is consulting stakeholders over introducing GAAR in its tax laws and has set its sight on next year’s budget. To those arguing that the timing now is not right, the only answer is that no time can presumably be right for such proposals that run against the interests of powerful foreign investors. The government did attempt to plug the Mauritius loophole once in the past when economic conditions were not as bad as they are now but it still had to backtrack following howls from investors. It looks like the stage is being set for an encore now.
What is GAAR ?
General Anti-Avoidance (GAAR) is introduced by our finance minister in the last budget session to avoid the tax evasion of the foreign investors. At present situation, there is no Know Your Customer (KYC) formalities for the foreign investors. The money which is invested in the stock market is coming from a foreign entity, but our government has no rights to ask or verify the person name or identity to check the source of the money.
This leads to the huge amount of black money in India routes via hawala and coming back to the Indian market. General Anti-Avoidance (GAAR) is proposed to tap the tax evasion and puts the strict rules on foreign investors. It has been postponed due to the strong protest by the foreign investors and Indian entrepreneurs
UPDATE: Editorial from "The Hindu" Newspaper
The recommendations of the Shome Committee which went into the General Anti Avoidance Rules (GAAR) proposed in the Budget should be sweet music to overseas investors and companies even as they are bound to disappoint the tax administration and all those interested in equity in taxation. By recommending that it should apply only to cases where tax benefit is the main objective of an arrangement or transaction and not one of the main objectives, the Committee has taken the sting out of GAAR as originally envisaged. Rarely, if ever, can tax authorities prove conclusively that obtaining tax benefit was the main objective of an arrangement or transaction. The Committee’s report should also warm the hearts of foreign investors routing funds into India through sham companies based in Mauritius — it has explicitly stated that “GAAR provisions shall not apply to examine the genuineness of the residency of an entity set up in Mauritius”. In other words, a Tax Residency Certificate from Mauritius is enough to override GAAR provisions. This kills one of the most laudable objectives of the rules as envisaged in the Budget — that of plugging a loophole which foreign institutional investors exploited to avoid paying capital gains tax in India.
The recommendation to defer implementation of even these watered-down proposals until 2016-17 is the final nail in the GAAR coffin. The ostensible reason for this is that tax officers first need to be trained in the finer aspects of international taxation. It is doubtful if even these three years will be enough to impart our officers such deep knowledge simply because the tax-payer versus Revenue conflict is a cat-and-mouse game that evolves constantly. The protest from investors and companies over GAAR is understandable for its intent is to ensure they pay their due taxes. What is not understandable, though, is the government’s diffidence in seeing the Budget proposal through, especially because it is not new and is part of the proposed Direct Taxes Bill. Nor is GAAR a strange animal to overseas investors as many countries including Canada, China and South Africa have codified it in their tax laws. The U.K. is consulting stakeholders over introducing GAAR in its tax laws and has set its sight on next year’s budget. To those arguing that the timing now is not right, the only answer is that no time can presumably be right for such proposals that run against the interests of powerful foreign investors. The government did attempt to plug the Mauritius loophole once in the past when economic conditions were not as bad as they are now but it still had to backtrack following howls from investors. It looks like the stage is being set for an encore now.
Subscribe to:
Posts (Atom)