Search found 99 matches

by Schmidt
26 Jan 2018 10:19
Forum: Trash Can Archive
Topic: Republic Day 2018
Replies: 36
Views: 5125

Re: Republic Day 2018

Happy Republic Day

Chalo , at least the infantry and marching parades are Indian

The Russkies and other foreign vendors must be laughing their balls off at all the free PR - that too to 10 foreign heads of state

Great show
by Schmidt
16 Jan 2018 10:49
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2507
Views: 396309

Re: Indian Economy News & Discussion - Nov 27 2017

Looks like the bank charges posted by vijayk is for BoI. http://www.opindia.com/2018/01/truth-about-viral-message-showing-new-bank-charges-for-services-from-20th-january-2018/ The press release clearly states that there is no such proposal for blanket removal of free services by public sector banks...
by Schmidt
27 Nov 2017 10:03
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

OK , they have a MIN order value ( I think 200 or 250 )

Less than that , they will charge you 30 Rs as deliver charges + GST

But we have not had to face this issue
by Schmidt
27 Nov 2017 09:59
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

You can see Swiggy delivery guys hanging around various restaurants , waiting to collect the orders

They have no infra to generate real time bills themselves
by Schmidt
27 Nov 2017 09:58
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

^^^^ We use Swiggy regularly Their service levels are even better than the direct restaurant takeaway service levels You log into Swiggy website and order from the restaurant you choose and make payment to the restaurant The bill you get is from the restaurant , not from Swiggy I guess they get some...
by Schmidt
23 Nov 2017 08:17
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

Shouldn’t a developer get ITC on cement and contstruction materials for new developments? So that 12% GST could be absorbed by the developers. Unless construction material was being stolen like the sand scam in MP a couple of years ago. [/quote] -----------------------------------------------------...
by Schmidt
22 Nov 2017 10:16
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

GST on property / real estate is a real downer Can you imagine a net effective rate of 12% on a huge outlay such as property ? For this reason alone I have given up on new developments and focussing my search on resale units Some developers are offering to absorb GSt as they are desperate to clear i...
by Schmidt
07 Oct 2017 10:37
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 496500

Re: Indian Economy News & Discussion - Aug 26 2015

GST is supposed to subsume all the previous indirect taxes into one tax. It is not possible to have one single rate in India ( like say Singapore , where there is a single rate of 7% ). Too much inequality and all that. Amazingly , Hong Kong has no GST whatsoever. Also , the states in INdia were par...
by Schmidt
02 Oct 2017 14:05
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions IV
Replies: 1962
Views: 251684

Re: India-US relations: News and Discussions IV

This is getting serious

Now fatalities count has jumped to 20+

Shades of Mumbai 26/11 redux
by Schmidt
18 Sep 2017 09:38
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

India needs very few elite type students or for that matter meritocratic type students. We don't do much high end research or production. What need are minimally qualified doctors/engineers willing to work for Rs10,000 pm get down to the tiny health clinic out in panruti. These are the vast majorit...
by Schmidt
12 Sep 2017 09:30
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

From todays Hindu : http://www.thehindu.com/news/cities/chennai/how-neet-nixed-their-chances/article19667163.ece NEET screwed them by asking questions from 9th and 11th class syllabus , which the students have conveniently skipped so far and instead just crammed the 12th syllabus to get centums in a...
by Schmidt
11 Sep 2017 21:32
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

[/quote] Thanks for reply. Question was related to "Work contract" as in construction related contract. Not invoice as such.[/quote] ------------------------------------------------------------------------------------------------------------------ Would the billing ( based on the work cont...
by Schmidt
11 Sep 2017 19:25
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

There are 2 separate things 1 - they asked for total value of transitional stocks as on 30th June - for which we have paid ED / VAT 2. the amount you can actually set off as input credit would be against future GST sales - this is same as what happened under ED / VAT , and this happens over a perio...
by Schmidt
11 Sep 2017 19:16
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

Theo - I made the comparison to China when you raised the issue of a large and complex nation with a billion plus population not being governable from one central authority . It is an apt comparison , as China has as many regional and urban-rural variations as India. Please try to counter any argume...
by Schmidt
11 Sep 2017 10:29
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

The truth is no dilli/billi can set the standard for an entire nation of 1.6 Billion and counting. This is wacko, 1960’s type thinking. Every state is different and deserves the right to stand on its own. This whole thing is like a blast from the past. The time wasted past.... ---------------------...
by Schmidt
11 Sep 2017 10:10
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

It's quite amusing actually Congis in power in KA , Commies in power in Kerala , but not a pipsqueak from these worthies in these states against NEET Whereas i TN these mofos gang up and denounce NEET stridently from every street corner Yesterday there was a TV interview with Thirumavalavan ( VCK )...
by Schmidt
11 Sep 2017 09:56
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

There are 2 separate things 1 - they asked for total value of transitional stocks as on 30th June - for which we have paid ED / VAT 2. the amount you can actually set off as input credit would be against future GST sales - this is same as what happened under ED / VAT , and this happens over a period...
by Schmidt
10 Sep 2017 12:14
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3715
Views: 189245

Re: Indian Education System

It's quite amusing actually Congis in power in KA , Commies in power in Kerala , but not a pipsqueak from these worthies in these states against NEET Whereas in TN these mofos gang up and denounce NEET stridently from every street corner Yesterday there was a TV interview with Thirumavalavan ( VCK )...
by Schmidt
07 Sep 2017 17:24
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7842
Views: 636480

Re: Currency Demonetisation and Future course of Indian Economy

R Jaggis take -
The only way so many people can be brought to book, assuming they evaded taxes, is to start another raid raj.

https://swarajyamag.com/economy/mountai ... ly-way-out
by Schmidt
07 Sep 2017 17:12
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Neutering & Defanging Chinese Threat (09-08-2014)

China is teaching South Indian languages such as Tamil and Malayalam to wireless radio operators of the People’s Liberation Army (PLA China is teaching South Indian languages such as Tamil and Malayalam to wireless radio operators of the People’s Liberation Army (PLA). The move is to understand int...
by Schmidt
07 Sep 2017 14:28
Forum: Military Issues & History Forum
Topic: Siachen News & Discussion
Replies: 2944
Views: 153105

Re: Siachen News & Discussion

Kudos to MK Narayanan and General JJ Singh for scuttling this stupid deal Somehow our diplomatic corps seem to be full of slimy mofos During the book launch on Wednesday, General (Retd) J.J.Singh, who was also in the audience, asked Mr. Saran whether it would have been possible, in fact, to “trust P...
by Schmidt
06 Sep 2017 12:03
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

There are some minor irritants For eg , I learnt that we can only set off the input credit on ED paid ( interstate purchases ) against the CGST component but not against the SGST component , so we would have to wait a while in order to avail the full credit Also , I had a fight with my CA firm who h...
by Schmidt
23 Aug 2017 16:16
Forum: Strategic Issues & International Relations Forum
Topic: Malegaon blasts and the limits of fake secularism
Replies: 1000
Views: 74365

Re: Malegaon blasts and the limits of fake secularism

Apparently there were a bunch of jihadi outfits masquerading as Hindu outfits
Purohit was tasked to infiltrate these groups including Abhinav Bharat
by Schmidt
21 Aug 2017 10:15
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Neutering & defeating Chinese Threat (09-08-2014)

vnms...and other guys for the last time a) open google earth...maan merak ...upto chushul shore is south end ..other side is northern shore b) a red line passes from north shore to south shore c) where the line crosses the northern shore into the lake is the place where the incident happened ..squa...
by Schmidt
19 Aug 2017 19:17
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Neutering & defeating Chinese Threat (09-08-2014)

Reg the video , the right side seem to be the Chinese as they are wearing a lighter shade of green uniform

The Indians seem to be on the left

Initially there is a large group of Indian soldiers who were standing behind some bund , they joined in the fracas later once things started heating up
by Schmidt
14 Aug 2017 11:36
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

Earlier ( before GST ) , there was no VAT on property in TN
The effective service tax rate was 3.5-4.2 %

Now the effective rate is min 12% with GST
by Schmidt
14 Aug 2017 10:23
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

GST on residential property is a very bad idea Now property prices have gone up by 6-8% minimum simply because of GST I cant think of any other country that imposes GST or VAT on residential property , as its impact is high due to the large sums of money involved If you are looking at 2.5-3 Cr prope...
by Schmidt
10 Aug 2017 13:06
Forum: Military Issues Archive
Topic: 'Make in India' Single engined fighter
Replies: 5425
Views: 543176

Re: 'Make in India' Single engined fighter

In the event we do go for a foreign SE aircraft , I hope we have the sense to learn from Indonesia and at least do a barter deal http://www.dw.com/en/indonesia-to-barter-palm-oil-coffee-for-russian-fighter-jets/a-40003606 We have a variety of products that we can export , we will make some margins o...
by Schmidt
10 Aug 2017 12:50
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

Housing costs are dropping due to lack of black money running behind speculation. That is because the loopholes of the black money (for example octroi and sales-tax theft) itself has closed (or rather minimized). . ------------------------------------------------------------------------- ^^^^^^ Hou...
by Schmidt
08 Aug 2017 08:25
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Managing Chinese Threat (09-08-2014)

GOI cannot impose a boycott, or other significantly reduce the trade deficit without incurring wrath of WTO (schemes to say let's break the law now, the police won't send us to jail for another 5 years don't impress me much). Citizen boycott suffers no such issues. We buy what we like, we don't buy...
by Schmidt
03 Aug 2017 10:33
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Managing Chinese Threat (09-08-2014)

Whats with dick-tators and fancy dress costumes, as far as i know eleven jinns is not a serving gent and yet yesterday he wore some camouflage costume and rode a open jeep with his minions army parading behind. https://nationalpostcom.files.wordpress.com/2017/07/china_military_parade-2.jpg --------...
by Schmidt
12 Jul 2017 10:41
Forum: Strategic Issues & International Relations Forum
Topic: Out-of-India - From Theory to Truth: Part 2
Replies: 5064
Views: 317608

Re: Out-of-India - From Theory to Truth: Part 2

Shiv ji , it might be possible that Tamil developed out of Kannada

But is there any Kannada literature comparable to Tamil sangam works that are dated back to 300 BC , in their scope of work , as well as sheer beauty ??

Or did all the Kannada writers switch to composing in Tamil en masse
by Schmidt
11 Jul 2017 18:33
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Managing Chinese Threat (09-08-2014)

I'm not. I'm trying to consider China's best case scenario ( winning a short war ) where they still lose more than what they might gain, Major nations with large economies do not fight direct wars with each other any more. Small, insignificant and inconsequential nations do. There will be no war (s...
by Schmidt
11 Jul 2017 11:44
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 496500

Re: Indian Economy News & Discussion - Aug 26 2015

There is a lot of discussion about jobless growth , and that there are no jobs created under Modi in the last 3 years I feel that jobs are being created constantly , just that they are not being captured in job surveys as they are not part of the so called " formal economy " As a compariso...
by Schmidt
07 Jul 2017 09:34
Forum: Trash Can Archive
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 10352
Views: 953618

Re: Managing Chinese Threat (09-08-2014)

An Indian leader needs to stand up and state that the nations resolves to take back all Indian lands and territory that are under enemy occupation , however long it takes , even if it takes decades or centuries Somehow there is a perception that once we lose territory we do not make an effort to reg...
by Schmidt
02 Jul 2017 11:33
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92021

Re: GST - Discussion on all aspects.

Street corner Patanjali store has switched to handwritten bills as their s/w is not yet GST compliant Getting sticker shock when we see the Health&Glow bills for cosmetics coming in at 28% This morning TV channels were showing Su Swamy who made a sarcastic remark that Pasta is rated 5% while Idl...
by Schmidt
01 Jul 2017 10:07
Forum: Strategic Issues & International Relations Forum
Topic: Indian Foreign Policy
Replies: 2187
Views: 216327

Re: Indian Foreign Policy

Nice article on Indo Iranian ties https://swarajyamag.com/world/reality-check-what-indo-iranian-civilisational-ties Advocates India adopting a pragmatic and hard nosed approach rather than through any rose tinted glasses invoking some nonsensical shared heritage If at all we did have some commonalit...

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