Bharat Rakshak

SaraLax

The below is for this member by name 'Arjun' with respect to his fears about how GoI is sleeping on AI front. The fact that AI is going to completely change the face of global industry has been evident for more than two years now - leave alone China, every other two-bit western nation has publicly a...

SaraLax

As for corporate tax rate, the reality is that 99% of our companies have a turnover of Rs.250 crore or less. By raising the turnover limit for 25% rate from Rs.50 crore to Rs.250 crore, they added essentially the entire MSME sector to this bracket. These also constitute the overwhelming contributor...

SaraLax

Cash still king as digital payments inch up slowly CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit c...

SaraLax

SaraLax, stick to GST and you're good. I let you off despite ad hominem attacks on me. There won't be a second chance. Ad Hominem : Appealing to personal considerations (rather than to fact or reason) I am giving proper facts from the ground based on my experiences. Please call me out if i fudge wi...

SaraLax

all those who have increased prices to inflate margins under the guise of GST, are either going to come down or get undercut by another enterprising trader. are we to make national level tax reforms based on some temporary shenanigans by some traders in some industries? i had a glass of sweet lime ...

SaraLax

SaraLax : thanks for making your position clearer . You're not here on this thread to discuss GST . You really don't care about that. Rather, you have a general grievance with the government because of some other actions . This thread for you is simply a place for you to vent whatever you like, wit...

SaraLax

If TDS of salaried class didn't exist how many of the salaried people would have honestly declared incomes in our IT returns. Outside salary, do people declared FD and other interest income, rental income honestly? Our honesty as a group is an outcome of helplessness and not a principled stand to p...

SaraLax

One can say whatever they want That would be the facepalm worthy thing to do. If you assert some personal right to be irresponsible, why are you any better than a price gouging trader ? You are helping them, and for all practical purposes, are an agent to them. It's quite easy for GST to be misused...

SaraLax

GST will now lead to inflation. GST is NOT what's leading to price rise. It's the rampant tax avoidance that's leading to it. It's *very* important that those who understand the situation speak with proper nuance. Please don't misuse language like that. It's quite damaging to what is the most signi...

SaraLax

Let's not play politics with suffering. <IMAGE NIPPED OUT BY ME> I don't know why you gave your above quoted statement and i feel bad about ' Weak Indians' allowing themselves to be destroyed & subjected to life long suffering by their own stupid emotional & pitiful feelings for citizens of...

SaraLax

Saurav Jha‏ @SJha1618 10h10 hours ago More I hope all the assorted RW munnas who screamed 'Gorkhaland' just for the heck of it, understand the nature of the game now. Meanwhile, Global Times is now openly talking about instigating insurgencies against India in Sikkim and Bhutan. Global times is rab...

SaraLax

... Saurav Jha‏ @SJha1618 21h21 hours ago More Seriously, India's main problem vis a vis China is the pro-Beijing business lobby which is propping up ignorant arseholes in think tanks. Saurav Jha‏ @SJha1618 21h21 hours ago More One think-tanker piece of shit who doesn't know his hand from his arse ...

SaraLax

100 terrorists die At least 100 people were burnt to death and 40 others suffered serious injuries after an oil tanker caught fire in Bahawalpur city of Pakistan on Sunday, reports state media. The incident took place at Ahmedpur Sharqia in Bahawalpur located in Pakistan’s Punjab region in the earl...

SaraLax

SSridhar wrote:Please post away here.

Sir,

If it has not been noticed & reported to you yet - almost half of the links that exist in the first post of this new STFUP thread are improper and don't work.

Can anything be done about it, please ?.

SaraLax

When adjusted for per capita incomes it is very high in India. For TN the rate of Rs. 3.5/KwHr (unit) is low as the rest of India pays over Rs. 6/unit. In the US we pay about 8 cents/KwHr. Residential power consumption comes mostly from air conditioning. Industrial and commercial power use will be ...

SaraLax

Have the europeans and Chinese faced similar failure issues ? Yes, Galileo is also facing the clock issues. There are total of 72 galileo clocks in space. Of these 36 are Rubidium(RAFS) and 36 are Hydrogen(PHM-Passive Hydrogen Maser). Of these 8 RAFS clocks have failed and 6 PHM clocks have failes....

SaraLax

No ‘concrete evidence’ of India’s hand in disappearance of Habib: Pakistani Minister - PTI, The Hindu The “kidnapping” case of a retired Pakistan army officer in Nepal could not be taken to the ICJ or the UN on the basis of “assumptions” as there is no “concrete evidence” suggesting India’s hand in...

SaraLax

Bank accounts have kyc stuff and it is not possible to just easily disappear...maybe a few folks but on a mass scale? The only way mass scale fraud happened in demo was with collusion of bankers. Let me tell you a recent tale. I have a salary a/c in one of the xBI subsidary banks and then my compan...

SaraLax

JohnTitor wrote:I see. Is it just non-Indian entities that issue them?

IIRC - the most recent entity that usedthis Masala Bonds route of raising money was HDFC Bank.

SaraLax

Not sure about WTO. I can understand that accountability being demanded on the failure of systems. I guess in this case being managed by Tata Consultancy. Recently NHS systems were down after cyber attack and if I am not wrong they are being managed within UK. So things can go wrong and should not ...

SaraLax

I don't see much of discussions/posts on the 'troubles' that Adani is going through to setup a big coalmine in Queensland. To me (maybe i am biased) .. Adani company & their coalmine project seems to be hated & felt unwelcome a lot by the local lefties, greenies, environmental NGOs, similar ...

SaraLax

My B-i-L (an IT professional) returned home in 2016 after having stayed for an year & half with his 2 Kids & wife in Sydney. He had more than a decade of experience in a big Indian IT company, went to Oz, then searched for a job, attended a couple of interviews and got a similar profile IT j...

SaraLax

\ SaraLax Ji : One has to go into History to understand the Brits-Muslim relationship. . . The French empowered the Vietnamese 10% Christian Minority to control the Buddhists. The Brits used the Indian Immigrants to control the locals in Fiji, Sri Lanka, East Africa etc. They thus empowered the Mus...

SaraLax

X Posted on the STFUP THREAD Watch the moment a Question Time audience member reads "anti-Western" leaflet from Didsbury mosque This is the moment a Question Time audience member claimed he had been handed an ‘anti-western’ leaflet at Didsbury mosque. The man told a stunned audience that ...

SaraLax

Formal economy too took a hit of 0.5% in the first year of demon if one goes by govt. numbers, and 0.9% if by IMF estimate. Obviously they do not teach Math at the Commie schools -- this supposed hit is to growth, not to the economy itself. And even that projected hit of 0.5% was to the projected g...

SaraLax

Random: . . . - Semi-cryo is one area that ISRO has not covered. There needs to be good engine designs on-call, across the spectrum for a Tier1 agency like ISRO. Everything else can be jugaded, but not basic capability . . IIRC - ISRO's Semi-Cryo engine technology is based upon Ukraine's technology...

SaraLax

Doordarshan Kisan‏ @DDKisanChannel 4h4 hours ago More RT @DG_PIB: #Cabinet approves measures to increase oil palm area & production in India. @PIB_India @pibhindi @PIBHomeAffairs @AgriGoI pic.twitter.com/LaEzrtjAjO About time. What took so long after first saying to encourage palm oil productio...

SaraLax

3) For instance it is prohibited to use Petrochemical origin CO2 from say Naptha Cracking as food grade CO2 in edibles such as drinking soda/baking soda etc. Why wasn't the proper protocol not followed here in sourcing Nuclear grade CO2. [/b] 4) open source the nodular growth micrographs and the ra...

SaraLax

X-posting from the economy thread April-3-2017 - Demonetisation to permanently erode cash worth Rs 1.7 lakh crore: SBI research MUMBAI: Demonetisation exercise by the government may permanently erode about Rs 1.7 lakh crore worth cash from the system translating into liquidity, according to a report...

SaraLax

Hi Suraj, from what I read a pretty high pct of banned notes were deposited - about 95 pct and only about 50 k crs was not. What is your estimate and what is it based on pls ? April-3-2017 - Demonetisation to permanently erode cash worth Rs 1.7 lakh crore: SBI research MUMBAI: Demonetisation exerci...

SaraLax

ShauryaT wrote:Can we not spread rumors on this board. Thanks.

Rumour droppings are indeed allowed .. but people who do it will have to clean them up afterwards when it is rightly shown as crap.

SaraLax

I guess it may have been around 4600 Crores. I personally will be forced to eat a lot of crow if the number is as low as Rs ~5000 Cr. My lowest estimate was Rs ~200000 Cr (Rs 2 Lac). If the estimates above are true there is a very real possibility that has been an orchestrated release of a very lar...

SaraLax

hanumadu wrote:We are into April now. The govt should now come out with how much was declared as black money under PMGKY.

I guess it may have been around 4600 Crores.

SaraLax

http://www.livemint.com/Opinion/qoID41y9nvDbTRofFcvvTN/The-flip-side-of-one-nation-one-tax.html Some very strange premises in this article. Sample a few A smartphone may be considered a luxury product in Bihar but perhaps a necessity in Tamil Nadu. Eh?? This restricts the abilities of regional poli...

SaraLax

. As PMGKY comes to end on Mar 31; man in Tamil Nadu makes a deposit of Rs 246 cr in Indian Overseas Bank A man in Namakkal district of Tamil Nadu has deposited Rs 246 crore in Indian Overseas Bank under the Pradhan Mantri Garib Kalyan Yojna (PMGKY),days before the window to disclose illegal assets ...

SaraLax

The ABC of re-monetisation: India's China moment by Nilesh Shah - MD, Kotak AMC. . . . The government seems to have Plan A, B & C on Remonetisation as under. Plan A was based on the hope that a big chunk of black money will not return to the banking system. Hence, the government, by appropriati...

SaraLax

Brain dead ideas have known to win elections not economic results. GoI will continue to struggle to accomplish their desired results. Force can go only so far. 9.29 lakh didn't respond to I-T queries: Jaitley Now we have Verbal flexibility & jugglery from resident members - post election results.

SaraLax

And more to come: After SBI, 5 more public sector banks look to merge https://lh4.googleusercontent.com/-NGnhQukSY-c/V2Ud2LVDbXI/AAAAAAAAAPc/be3-ClUegtINQ8c1mGTiQBQyJTLojLNDwCL0B/w495-h525-no/table.jpg India needs a fewer number of big banks with large balance sheets, instead of the current fragmen...

SaraLax

Finally the office ATM has been loaded with 500 and 100 notes. I withdrew 1900 * 5, now have sufficient cash for the next 3 months when it comes to doing chillar business. Hmm ... strange. I guess this is an Office ATM in a tech park in BLR, Kerala and possibly a Citibank owned one (or was it your ...

SaraLax

Does anyone doubt that these religious crack pots are going to one day blow up a nuclear reactor and cause mega-death on an epic scale? They are either going to do it in Pakistan or in India - and that day is surely coming. * Deleted * Neshant Saar, Stop joking for real. * Such details are unwanted...

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