Bharat Rakshak Forum Announcement

Hello Everyone,

A warm welcome back to the Bharat Rakshak Forum.

Important Notice: Due to a corruption in the BR forum database we regret to announce that data records relating to some of our registered users have been lost. We estimate approx. 500 user details are deleted.

To ease the process of recreating the user IDs we request members that have previously posted on the BR forums to recognise and identify their posts, once the posts are identified please contact the BRF moderator team by emailing BRF Mod Team with your post details.

The mod team will be able to update your username, email etc. so that the user history can be maintained.

Unfortunately for members that have never posted or have had all their posts deleted i.e. users that have 0 posts, we will be unable to recreate your account hence we request that you re-register again.

We apologise for any inconvenience caused and thank you for your understanding.

Regards,
Seetal

Search found 6479 matches

by Suraj
19 Feb 2017 00:47
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

??? Why does GST depend on which vehicle brought the goods in? A vertical network of businessmen can avoid paying GST collectively by claiming no credits and paying no tax. Such checks are used to catch people who do that. As seen in DeMo thread, there's no shortage of people who consider it their ...
by Suraj
18 Feb 2017 09:42
Forum: Strategic Issues & International Relations Forum
Topic: Understanding US thread-III
Replies: 1859
Views: 68982

Re: Understanding US thread-III

It's a bloodbath at the State Department Secretary of State Rex Tillerson is cleaning house at the State Department, according to a report. Staffers in the offices of deputy secretary of state for management and resources as well as counselor were shown the door Thursday, according to CBS News. Man...
by Suraj
17 Feb 2017 23:27
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

GST Council to finalise draft model GST law tomorrow The GST Council, which is meeting tomorrow, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers. The Council, headed by Finance Ministe...
by Suraj
16 Feb 2017 22:37
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Half of the 1.8 million accounts flagged earlier have been marked doubtful, and action will follow: Nine lakh accounts under Operation Clean Money ‘doubtful’ Nearly half of the 18 lakh people under the I-T scanner for suspicious bank deposits post cash ban have been put in the ‘doubtful’ category, b...
by Suraj
16 Feb 2017 05:34
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Record 272MT food grains procured in 2016-17 ndia's food grains production in 2016/17 is expected to rise by 8.1 per cent from a year ago to a record high 271.98 million tonnes as good monsoon rains improved yields, the country's farm ministry said in a statement on Wednesday. The country's product...
by Suraj
16 Feb 2017 04:00
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Please stop feeding trolls. The post reports were helpful, but hitting back is not.
by Suraj
14 Feb 2017 04:19
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

January retail inflation falls to lowest in 2 years The Consumer Price Index-(CPI) based inflation for the month of January 2017 plunged to 3.17 per cent, the lowest in at least two years, primarily due to a marginal increase in food prices. The retail inflation was 3.41 per cent in December and 5....
by Suraj
12 Feb 2017 15:09
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Appreciate your enthusiasm, but it has to work the other way. Tum dhande pe lagjao :D and tell me why. Please reverse the logic for yourself. That is the exact reason why I called it a circus and Said that I am not yet willing to call it a failure or success yet. You're either trolling and will fac...
by Suraj
12 Feb 2017 13:57
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

To call it a success, want to understand why it was done and if that was achieved. It was announced to remove BM, was that done ? Shifting the goal post and adding different spins makes me suspicious. Let's use this metric. There are two specific logical requirements: * Why was it done ? * What was...
by Suraj
10 Feb 2017 22:10
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Late lateef! It's already posted one page ago :)
by Suraj
10 Feb 2017 00:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

I suggest you quote the RBI governor verbatim rather than use sources twice removed . It's the least you can do. I provided a firsthand reference. Right now, you are simply using font effects around one word mentioned a third party.
by Suraj
09 Feb 2017 22:47
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Maybe but I'm not interested in a debate on semantic interpretation of words. I quoted the minister in his own words as stated in the article . The article you mentioned does not quite the RBI directly . Rather, someone else describes their interaction with the RBI in a press interaction . Whereas t...
by Suraj
09 Feb 2017 22:21
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Thanks for the great firsthand inputs, disha! It's worth packaging into a summary message and emailing or submitting online to PMOIndia too.
by Suraj
09 Feb 2017 22:16
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

It is absolutely true that the quantum of black money depends on the performance of the formal economy. It's a matter of rate of return. If formal economy generates sufficient rate of return such that the cost calculation becomes that the hassle of 'managing' black wealth is not worth the effort, it...
by Suraj
09 Feb 2017 21:21
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

I'm quoting this article, which I posted in the last page: Rs 6.78 lakh cr remonetised, Rs 9.1 lakh cr in circulation: Govt In the ongoing process of remonetisation, banknotes worth Rs 6.78 lakh crore returned to the formal banking system between November 10 and January 13, taking the total currency...
by Suraj
09 Feb 2017 07:14
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

For RE to crash, there needs to be transactions happening, and there needs to be liens coming due and being enforced. Even in the US, arguably the market did not crash as much as it should have, because the government backstopped it. Those mounting NPAs on the banks books are primarily infrastructur...
by Suraj
09 Feb 2017 01:28
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

My interpretation of the 10 lakh crore figure is that it's the cumulative cash deposit base that's been considered black money, because it lacks adequate reference data against prior income records for the PAN numbers provided. Already, GoI has issued notices to almost 2 million people corresponding...
by Suraj
08 Feb 2017 23:51
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Per latest claims citing FM, 10.38 lac Karod has not returned meaning BM destroyed. If so, that is a huge chunk of the total deMO, hain? No credible link to post, came in email, sorry. That number doesn't add up . Upto Dec 10 over 12 lakh crore were deposited . There was only 16 lakh crore in play ...
by Suraj
08 Feb 2017 23:18
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Yes nominal growth is what we 'see' in the real world . I think the article is too dependent on ceteris paribus ('all else being the same'). However the lower nominal growth is principally due to lower inflation and not lower real growth . Therefore it doesn't directly follow that lower nominal grow...
by Suraj
08 Feb 2017 20:50
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Sigh. Please take politics into politics thread.

Also, TKiran, please stop trolling. You already have one ban on your record for trolling in this thread, and are quite close to another.
by Suraj
08 Feb 2017 10:10
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

TKiran, what gives you the right to speak for 'people' though ? Why not just state your point of view without taking up unofficial spokesman role ?
by Suraj
08 Feb 2017 09:59
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Labour reforms: How Narendra Modi govt is looking to empower companies with up to 300 workers The Modi government is fast-tracking the legislative part of labour reforms, long held up due to political reasons. Even though it hasn’t yet got the Opposition to agree to the agenda, at least one of the ...
by Suraj
08 Feb 2017 09:44
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Every large fish hedges their bets when it comes to political donations. Even the current POTUS historically contributed more to the opposition party as a businessman.
by Suraj
08 Feb 2017 05:01
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Additional DeMo data: Rs 6.78 lakh cr remonetised, Rs 9.1 lakh cr in circulation: Govt In the ongoing process of remonetisation, banknotes worth Rs 6.78 lakh crore returned to the formal banking system between November 10 and January 13, taking the total currency in circulation to Rs 9.1 lakh crore,...
by Suraj
07 Feb 2017 23:33
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Everything's capable of having loopholes exploited. However, the political bond scheme effectively makes the entire large political donation system white, because the government gets access to all the cash, and the donor gets political bearer bonds. Shiv, you might remember bearer bonds from the old...
by Suraj
07 Feb 2017 07:00
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Card, Aadhaar-enabled payments at all PDS, fertiliser depots soon In a major push for cashless transactions, point-of-sale (PoS) machines for credit/debit cards as well as Aadhaar-based transactions will be installed at all fair price shops and fertiliser depots over the next few months. In an inte...
by Suraj
07 Feb 2017 06:57
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Exports from SEZs touch Rs 2.36 lakh cr ($36 billion) during Apr-Sep Exports from special economic zones (SEZs) have touched Rs 2.36 lakh crore during April-September period of the current financial year, Parliament was informed today. States which have contributed maximum in the exports include Gu...
by Suraj
07 Feb 2017 03:29
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

5Lakh is a very small amount and many small traders etc keep that in cash for day to day transactions. DeMo will inconvenience these folks the most. If a one time report on their cash deposit is a huge inconvenience to them, they're free to do whatever they like to punish the government for that. A...
by Suraj
07 Feb 2017 00:43
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

5 Lakhs seems like too low a bar. I'm afraid IT dept. might end up catching a lot of small fish while big time wheeler dealers are let go. BJP is working really hard to piss off it's middle class voter base with this tax terrorism. In which world does the middle class have five lacs cash sitting at...
by Suraj
05 Feb 2017 13:52
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7145
Views: 371033

Re: Currency Demonetisation and Future course of Indian Economy

Digital transaction slows down in January If this trend continues, I fully expect merchants to stop accepting digital payments. That would be several steps backwards and loss of momentum. When ATM cash talks, the bulsh@t electronic economy walks. But there was a similar drop-off from December 2015 ...
by Suraj
04 Feb 2017 04:04
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Submit it so Armen_T can add it :) Meanwhile: Apple to assemble iPhone SE in India, negotiating tax benefits to upgrade for flagship model production Apple is looking to produce lower-cost iPhone SE at its upcoming facility in Bengaluru as it looks to gain a price advantage in the market in which it...
by Suraj
04 Feb 2017 00:24
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Even the dogs biscuit was shown as cost to business and an expense and a deduction for business was taken. Yes, I was challenged by one IT-wallah and I asked him to take us to court., he settled with some more dog biscuits. It was more like a settlement outside of court. :rotfl: 'Dog biscuits' will...
by Suraj
03 Feb 2017 23:35
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

Significant increases in construction equipment purchase, CV - especially heavy commercial vehicles - sales are all major signs of growing construction and industrial activity momentum. Trivia: CV sales in India have not yet recovered from the peak of ~2011 when industrial slowdown hit when it was c...
by Suraj
03 Feb 2017 21:13
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

^^ housing EMI, food bill and school fees are the three biggest outgoes for the salaried class. prices of food/transport/goods increase. in general retail price / housing / school fees inflation has far exceeded growth in salary over the last decade here. All of these require separate handling from...
by Suraj
03 Feb 2017 14:33
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

I think Yagnasri makes a very important point that the slabs are not inflation indexed, and therefore even a lack of a tax cut is an implicit tax cut since wage and income growth is positive in the salaried economy.
by Suraj
03 Feb 2017 06:47
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2566
Views: 117174

Re: Indian Economy News & Discussion - Aug 26 2015

The goal of BJP/Modi/Jaitley is to make sure every penny of tax is collected. But the general feeling in middle class: They are being screwed with taxes from Petrol to Restaurants to IT. From the charts above, the number of assessees in the 2-5L segment vastly exceeds those in all higher segments, ...
by Suraj
03 Feb 2017 06:44
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions III
Replies: 2609
Views: 193769

Re: India-US relations: News and Discussions III

The tea party was all about anti-establishment mindset, even if they're just the new establishment...
by Suraj
03 Feb 2017 04:59
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions III
Replies: 2609
Views: 193769

Re: India-US relations: News and Discussions III

Gus wrote:Why does any observation or commentary always need to be interpreted as in favor or against somebody.

Yes it's quite tiresome when people jump in asking you to recite their chosen creed.

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