Sep 24, 2013

Co-operative Banks deposits to be taxed

The Central Board of Direct Taxes has started Project UCB. The aim is to understand the details of deposits for which interest is  more than 10000 and no tax is deducted. 
2664 bank branches will come under the purview of this operation. 
This was reported by Malayalam newspapers today. 

Sep 14, 2013

BSNL Onam Offer 2016-2017

BSNL has made calls from 9pm to 7am free to all network in India from all its landlines . The trend now is to make all calls free including local and STD.
Reliance Jio is launching with free calls from April 1.

Sep 11, 2013

Price of new iPhone-5s iPhone-5c in India

UPDATE May 2015: iPhone 5C 8GB now avaiable on for 20000 Rs.
Update : Reliance Communication offers an expensive EMI offer for iPhone 5C and iPhone 5S targeted at fools.The offer of iPhone 5S for Rs.72000 with whatever bundle is too expensive considering the advantages. Moreover Reliance don't have 3G speed everywhere, they may apply fair value ( reduce speed after X GB). It remains to be seen that Personal Hotspot option will be enabled or not or charged separately. If Personal Hotspot for iPhone is disabled then you won't be able to share the data connection with other devices. SMS is capped by TRAI. How many calls can a busy person make in a month ?

Update:apple iphone 5c and 5s will be sold in India from November 1 2013. Apple Imagine Shop at Lulu Mall Kochi has confirmed it.

@Macworld: Oh, one more thing, from Apple's site: Unlocked prices for 5s: $649/$749/$849 (16/32/64GB); 5c: $549/$649 (16/32GB)

Therefore in India the unlocked prices for 5S will be Rs.42834/Rs.49434/Rs. 56034 ( 16/32/64 GB ); 5C : Rs. 36234/Rs. 42834. ( 16/32 GB)
This calculation is based on the currency conversion rate of 1 USD = 66 Rupees. Due to tax and duty the price will be more than this. 
Apple Inc. has not announced the India launch date. 

Note: Apple Inc. today announced that iPhone 5s goes on sale Friday, 9/20. 5c available for preorder on 9/13, but ships on 9/20.

Meanwhile Apple retail stores in the US are selling iPhone 5 at a discount till the new models are out. Apple’s retail stores are offering their remaining iPhone 5  for 16/32/64GB models with $549/$649/$749 off-contract. 

Sep 3, 2013

Hyundai-i10-Grand bigger than i10 smaller than i20

Today Hyundai is launching i10 grand. The design is a plus , the rear seat holds three.